2-bed · 1,554 sqftAl Anbar Tower, Dubai Marina · 4th floor · completed 2004

402, Al Anbar Tower

Sold prices and rental history: sold once, by the developer in September 2008, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 13 October 2024
Last soldAED 1.05M21 September 2008
Current rentAED 200K /yr13 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Al Anbar Tower

What is 402 worth today?

Last sold for AED 1,050,000 in 2008

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13 Oct 2024RentedNew contract
AED 200,000/yr12 months · AED 129 per sqft
13 Oct 2024RentedNew contract
AED 200,000/yr12 months · AED 129 per sqft
21 Sep 2008Sold by developerReady
AED 1,050,000AED 675 per sqft

Source: Dubai Land Department. Updated 13 October 2024.

Key facts

Type
2-bed apartment
Size
1,554 sqft
Floor
4th of 14
Parking
2798
Developer
Emaar
Completed
2004
Service charge
AED 22,800 /yr
Last sold
AED 1.05M · September 2008

About 402, Al Anbar Tower

402 is a two-bedroom apartment of 1,554 sqft on the 4th floor of Al Anbar Tower, a 14-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 21 September 2008 for AED 1,050,000, or AED 675 per sqft, 44% below the AED 1,210 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 13 October 2024, is AED 200,000 a year: a gross yield of 19.1% on the 2008 price, before the service charge of about AED 22,800 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Al Anbar Tower
2M2008201320182023Typical sale price by year: 2008 AED 1,247,888; 2009 AED 2,067,308; 2010 AED 1,376,888; 2011 AED 1,949,036; 2013 AED 2,220,000; 2021 AED 1,975,000; 2023 AED 2,800,000; 2024 AED 3,400,000Sold by developer, September 2008: AED 1,050,000 (AED 675 per sqft)

402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 402, each contractTypical two-bed in Al Anbar Tower
100K150K200K2013201720212025Typical rent by year: 2013 AED 165,000; 2014 AED 185,000; 2015 AED 200,000; 2016 AED 186,875; 2017 AED 180,000; 2018 AED 160,000; 2019 AED 160,000; 2020 AED 122,500; 2021 AED 114,750; 2022 AED 125,000; 2023 AED 150,500; 2024 AED 197,000; 2025 AED 200,000; 2026 AED 200,000New contract, October 2024: AED 200,000 a yearNew contract, October 2024: AED 200,000 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 Al Anbar Tower, and where 402 sits

All 23 2-beds →

402 last sold in September 2008 at AED 675 per sqft, 44% below what two-beds in Al Anbar Tower were fetching at the time (AED 1,210). 402's AED 200,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 May 20253,564,000
25 Feb 20253,900,000
18 Nov 20243,400,000
18 Nov 20243,400,000
0 2-bed sales in the last 12 months

Al Anbar Tower

Building

84 apartments, 2-bed to 5-bed over 14 floors in Dubai Marina, completed in 2004 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 2,269
Typical sale
AED 7.5M
Typical rent
AED 249K /yr
Typical yield
4.9%
Al Anbar Tower, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 84 units in Al Anbar Tower
Value
4013-bedAED 2.48M · Mar 2020
4033-bedAED 2.18M · Oct 2014
4043-bedAED 3.5M · Sep 2017
4052-bedAED 1.05M · Apr 2009
4063-bedAED 3.04M · May 2010

402, Al Anbar Tower in numbers

  • Sold once: by Emaar on 21 September 2008 for AED 1,050,000, or AED 675 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2008 price is 19.1%, before a service charge of about AED 22,800 a year (AED 14.69 per sqft).

Source: Dubai Land Department. Updated 13 October 2024.

Questions about 402, Al Anbar Tower

What did unit 402 last sell for?

AED 1,050,000 on 21 September 2008, sold by the developer: AED 675 per sqft for 1,554 sqft. It is the only registered sale of the unit.

What is the rent for unit 402?

AED 200,000 a year on the contract signed on 13 October 2024. The previous contract, from October 2024, was AED 200,000.

How big is unit 402?

1,554 sqft (144.4 sqm): a two-bedroom apartment on the 4th floor of a 14-storey tower completed in 2004.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 402, Al Anbar Tower

Starts from the last sale price (AED 1.05M, 21 September 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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