1-bed · 759 sqftAl Areifi Marina Tower(Escan Marina Tower), Dubai Marina · 4th floor · completed 2016

404, Al Areifi Marina Tower(Escan Marina Tower)

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 820K31 July 2024
Current rentAED 55K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Al Areifi Marina Tower(Escan Marina Tower)

What is 404 worth today?

Last sold for AED 820,000 in 2024

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1 Sep 2024RentedRenewal
AED 55,000/yr12 months · AED 72 per sqft
1 Sep 2024RentedRenewal
AED 55,000/yr12 months · AED 72 per sqft
31 Jul 2024SoldReady
AED 820,000AED 1,079 per sqft
1 Sep 2023RentedRenewal
AED 50,000/yr12 months · AED 66 per sqft
1 Sep 2023RentedRenewal
AED 50,000/yr12 months · AED 66 per sqft
1 Sep 2022RentedNew contract
AED 41,000/yr12 months · AED 54 per sqft
22 Jul 2019RentedNew contract
AED 45,000/yr12 months · AED 59 per sqft
20 Sep 2017RentedNew contract
AED 68,000/yr12 months · AED 90 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
759 sqft
Floor
4th of 31
Parking
B3-80
Developer
Tharwaa Escan Investments
Completed
2016
Service charge
AED 13,800 /yr
Last sold
AED 820K · July 2024

About 404, Al Areifi Marina Tower(Escan Marina Tower)

404 is a one-bedroom apartment of 759 sqft on the 4th floor of Al Areifi Marina Tower(Escan Marina Tower), a 31-storey tower in Dubai Marina completed in 2016 by Tharwaa Escan Investments. It last sold on 31 July 2024 for AED 820,000, or AED 1,079 per sqft, in line with the AED 1,051 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 55,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 13,800 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical one-bed in Al Areifi Marina Tower(Escan Marina Tower)
500K1M20112015201920232027Typical sale price by year: 2011 AED 548,750; 2013 AED 1,099,276; 2014 AED 1,174,851; 2015 AED 985,953; 2017 AED 1,098,265; 2018 AED 830,223; 2019 AED 611,392; 2020 AED 502,000; 2021 AED 499,500; 2022 AED 569,302; 2023 AED 770,000; 2024 AED 820,000; 2025 AED 990,000; 2026 AED 908,000Sold by developer, November 2014: AED 1,174,851 (AED 1,547 per sqft)Sold, July 2024: AED 820,000 (AED 1,079 per sqft)

404 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 404, each contractTypical one-bed in Al Areifi Marina Tower(Escan Marina Tower)
40K60K80K2017202020232026Typical rent by year: 2017 AED 67,000; 2018 AED 60,000; 2019 AED 52,000; 2020 AED 42,000; 2021 AED 38,000; 2022 AED 50,000; 2023 AED 62,000; 2024 AED 70,000; 2025 AED 74,000; 2026 AED 70,000New contract, September 2017: AED 68,000 a yearNew contract, July 2019: AED 45,000 a yearNew contract, September 2022: AED 41,000 a yearRenewal, September 2023: AED 50,000 a yearRenewal, September 2023: AED 50,000 a yearRenewal, September 2024: AED 55,000 a yearRenewal, September 2024: AED 55,000 a year

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

1-beds in Al Areifi Marina Tower(Escan Marina Tower), and where 404 sits

All 202 1-beds →

404 last sold in July 2024 at AED 1,079 per sqft, in line with what one-beds in Al Areifi Marina Tower(Escan Marina Tower) were fetching at the time (AED 1,051). Over the last 12 months one-beds sold for AED 840,000 to 1,625,000, around AED 1,278 per sqft, and rent for AED 39,000 to 150,000 a year. 404's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Aug 2026880,000
13 Jul 20261,150,000
2 Jul 2026890,000
29 Jun 2026906,000
16 1-bed sales in the last 12 months

Al Areifi Marina Tower(Escan Marina Tower)

Building

332 apartments, studios to 2-bed over 31 floors in Dubai Marina, completed in 2016 by Tharwaa Escan Investments. 26 sold in the last 12 months.

Typical price per sqft
AED 1,278 Up 1.1%
Typical sale
AED 1.15M
Typical rent
AED 72K /yr
Typical yield
7.4%
Al Areifi Marina Tower(Escan Marina Tower), Dubai Marina: prices, sales and rents →
Value
4012-bedAED 1.41M · Jul 2026
4022-bedAED 1.25M · Jul 2017
403StudioAED 710K · Nov 2014
4051-bedAED 600K · Apr 2023
406StudioAED 670K · May 2025
4072-bedAED 1.17M · Aug 2024
4081-bedAED 1.1M · Feb 2015
1–7 of 10

404, Al Areifi Marina Tower(Escan Marina Tower) in numbers

  • Sold twice: first on 23 November 2014 for AED 1,174,851, last on 31 July 2024 for AED 820,000 (AED 1,079 per sqft).
  • Rented since September 2017 on 7 Ejari contracts. The rent fell from AED 68,000 to AED 41,000 in 2022 and recovered to AED 55,000 by September 2024.
  • At AED 55,000 a year the gross yield on the 2024 price is 6.7%, before a service charge of about AED 13,800 a year (AED 18.12 per sqft).
  • One-beds in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 840,000–1,625,000 in the 12 months to November 2026; the building's median across all types is AED 1,278 per sqft.

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 404, Al Areifi Marina Tower(Escan Marina Tower)

What did unit 404 last sell for?

AED 820,000 on 31 July 2024: AED 1,079 per sqft for 759 sqft. The unit has 2 registered sales; the first was AED 1,174,851 in November 2014.

What is the rent for unit 404?

AED 55,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2024, was AED 55,000; the unit has been rented since September 2017.

How big is unit 404?

759 sqft (70.5 sqm): a one-bedroom apartment on the 4th floor of a 31-storey tower completed in 2016.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 840,000 to 1,625,000 in the last 12 months, around AED 1,278 per sqft.

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Mortgage on 404, Al Areifi Marina Tower(Escan Marina Tower)

Starts from the last sale price (AED 820K, 31 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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