2-bed · 1,135 sqft52-42 Tower 1, Dubai Marina · 24th floor · completed 2020

2408, 52-42 Tower 1

Sold prices and rental history: sold 3 times, last in May 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2408 · DLD and Ejari recordsUpdated 15 August 2023
Last soldAED 2.23M20 May 2022
Current rentAED 153K /yr15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2408, 52-42 Tower 1

What is 2408 worth today?

Last sold for AED 2,225,000 in 2022

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15 Aug 2023RentedNew contract
AED 153,000/yr12 months · AED 135 per sqft
15 Aug 2022RentedNew contract
AED 150,000/yr12 months · AED 133 per sqft
20 May 2022SoldReady
AED 2,225,000AED 1,959 per sqft
1 Jun 2021SoldReady
AED 1,800,000AED 1,585 per sqft
25 Jul 2016Sold by developerOff-plan
AED 2,095,888AED 1,845 per sqft

Source: Dubai Land Department. Updated 15 August 2023.

Key facts

Type
2-bed apartment
Size
1,135 sqft
Floor
24th of 47
Parking
3F-011
Developer
Emaar
Completed
2020
Last sold
AED 2.23M · May 2022

About 2408, 52-42 Tower 1

2408 is a two-bedroom apartment of 1,135 sqft on the 24th floor of 52-42 Tower 1, a 47-storey tower in Dubai Marina completed in 2020 by Emaar. It last sold on 20 May 2022 for AED 2,225,000, or AED 1,959 per sqft, 4% below the AED 2,051 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 15 August 2023, is AED 153,000 a year: a gross yield of 6.9% on the 2022 price.

Sales and rents for 2408 over time

Sales
Unit 2408, each saleTypical two-bed in 52-42 Tower 1
2M3M2016201920222025Typical sale price by year: 2016 AED 2,215,888; 2017 AED 2,354,888; 2018 AED 2,049,944; 2019 AED 1,999,147; 2020 AED 1,716,222; 2021 AED 2,405,888; 2022 AED 2,421,444; 2023 AED 3,300,000; 2024 AED 3,200,000; 2025 AED 3,425,000; 2026 AED 3,315,000Sold by developer, July 2016: AED 2,095,888 (AED 1,845 per sqft)Sold, June 2021: AED 1,800,000 (AED 1,585 per sqft)Sold, May 2022: AED 2,225,000 (AED 1,959 per sqft)

2408 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2408, each contractTypical two-bed in 52-42 Tower 1
140K160K180K2021202320252027Typical rent by year: 2021 AED 145,000; 2022 AED 150,000; 2023 AED 163,500; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 170,000New contract, August 2022: AED 150,000 a yearNew contract, August 2023: AED 153,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in 52-42 Tower 1, and where 2408 sits

All 158 2-beds →

2408 last sold in May 2022 at AED 1,959 per sqft, 4% below what two-beds in 52-42 Tower 1 were fetching at the time (AED 2,051). Over the last 12 months two-beds sold for AED 2,800,000 to 4,000,000, around AED 2,868 per sqft, and rent for AED 105,000 to 300,000 a year. 2408's AED 153,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Sep 20263,500,000
13 Aug 20263,100,000
12 Aug 20263,210,000
19 Jun 20263,420,000
7 2-bed sales in the last 12 months

52-42 Tower 1

Building

295 apartments, 1-bed to 4-bed over 47 floors in Dubai Marina, completed in 2020 by Emaar. 14 sold in the last 12 months.

Typical price per sqft
AED 3,187 Up 1.9%
Typical sale
AED 3.75M
Typical rent
AED 160K /yr
Typical yield
4.9%
52-42 Tower 1, Dubai Marina: prices, sales and rents →

Other units on the 24th floor

All 295 units in 52-42 Tower 1
Value
24011-bedAED 1.54M · Sep 2022
24022-bedAED 2.28M · Jun 2016
24032-bedAED 2.26M · Jul 2016
24041-bedAED 2.3M · Apr 2025
24052-bedAED 2.12M · Jul 2016
24062-bedAED 2.33M · Sep 2022
24072-bedAED 2.32M · Jun 2016

2408, 52-42 Tower 1 in numbers

  • Sold 3 times: first on 25 July 2016 for AED 2,095,888, last on 20 May 2022 for AED 2,225,000 (AED 1,959 per sqft).
  • Rented since August 2022 on 2 Ejari contracts, from AED 150,000 to AED 153,000 a year.
  • At AED 153,000 a year the gross yield on the 2022 price is 6.9%.
  • Two-beds in 52-42 Tower 1 sold for AED 2,800,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 3,187 per sqft.

Source: Dubai Land Department. Updated 15 August 2023.

Questions about 2408, 52-42 Tower 1

What did unit 2408 last sell for?

AED 2,225,000 on 20 May 2022: AED 1,959 per sqft for 1,135 sqft. The unit has 3 registered sales; the first was AED 2,095,888 in July 2016.

What is the rent for unit 2408?

AED 153,000 a year on the contract signed on 15 August 2023. The previous contract, from August 2022, was AED 150,000.

How big is unit 2408?

1,135 sqft (105.4 sqm): a two-bedroom apartment on the 24th floor of a 47-storey tower completed in 2020.

What is unit 2408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 52-42 Tower 1 sold for AED 2,800,000 to 4,000,000 in the last 12 months, around AED 2,868 per sqft.

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Mortgage on 2408, 52-42 Tower 1

Starts from the last sale price (AED 2.23M, 20 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,225,000
Deposit, UAE resident (20%)
AED 445,000
Deposit, non-resident (40%)
AED 890,000
Monthly over 25 years at 3.7%
AED 9,103

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →