CONDOR REAL ESTATE DEVELOPMENT L.L.C · Selling since 2008 · recent sales mostly resales

Street View imagery near Marina Star, via Google — the nearest public-road vantage point, not necessarily the building's own frontage.
AED 2,883/sqft
-0.8%
AED 3,492,059
AED 1,598,292 to AED 6,658,433, from 16.3 years of this project's own history. A trend, not a forecast.
Wide range
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Marina Star — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what that size actually sold for in Marina Star over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Marina Star itself; the rest are homes of the same size in Dubai Marina, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| Studio | AED 1.64M | AED 90,000/yrthis building · 21 new lets | 5.5% | 13 |
| 1 bed | AED 2.56M | AED 125,000/yrthis building · 14 new lets | 4.9% | 13 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a studio here reads 7.5% instead of 5.5%, because it prices the home at AED 1.2M — the median across every sale on record — rather than the AED 1.64M it costs today. Every figure above uses the same twelve months on both sides.
What it returns after service charges
Starting from the middle filed owners-association budget in this area — AED 17/sqft across 32 buildings, most recently filed for 2023. Charges have risen since then and the filing is matched to this page by name, so replace it with your own invoice if you have one. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| Studio | AED 8,575 | AED 81,425 | 5.5% | 5.0% |
| 1 bed | AED 15,505 | AED 109,495 | 4.9% | 4.3% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Price vs. Dubai Marina median
+28.4%
Priced above the area's real median — ask why.
Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Transport, schools, healthcare, and daily essentials within 3 km.
768 m
DMCC
2.5 km
Emirates International School - Meadows
2.1 km
Emirates Hospital
150 m
Choithram
Straight-line distances — actual walking or driving routes will be longer. Measured from this project's own mapped location. Places data from OpenStreetMap.