4-bed · 2,901 sqftAl Mesk Tower, Dubai Marina · 14th floor · completed 2023

1403, Al Mesk Tower

Sold prices and rental history: sold once, by the developer in September 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 2.9M20 September 2021
Current rentAED 275K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Al Mesk Tower

What is 1403 worth today?

Last sold for AED 2,900,000 in 2021

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15 Jun 2024RentedRenewal
AED 275,000/yr12 months · AED 95 per sqft
15 Jun 2024RentedRenewal
AED 275,000/yr12 months · AED 95 per sqft
15 Jun 2023RentedRenewal
AED 275,000/yr12 months · AED 95 per sqft
15 Jun 2022RentedNew contract
AED 270,000/yr12 months · AED 93 per sqft
20 Sep 2021Sold by developerReady
AED 2,900,000AED 999 per sqft
23 Jul 2019RentedRenewal
AED 120,000/yr12 months · AED 41 per sqft
23 Jul 2018RentedNew contract
AED 85,000/yr12 months · AED 29 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
4-bed apartment
Size
2,901 sqft
Floor
14th of 37
Parking
2839 , 2840
Developer
Emaar
Completed
2023
Service charge
AED 42,600 /yr
Last sold
AED 2.9M · September 2021

About 1403, Al Mesk Tower

1403 is a four-bedroom apartment of 2,901 sqft on the 14th floor of Al Mesk Tower, a 37-storey tower in Dubai Marina completed in 2023 by Emaar. The developer sold it on 20 September 2021 for AED 2,900,000, or AED 999 per sqft, in line with the AED 1,002 four-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 15 June 2024, is AED 275,000 a year: a gross yield of 9.5% on the 2021 price, before the service charge of about AED 42,600 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, each saleTypical four-bed in Al Mesk Tower
2M4M6M2008201320182023Typical sale price by year: 2008 AED 2,175,425; 2009 AED 1,913,000; 2010 AED 1,936,000; 2011 AED 2,828,000; 2012 AED 3,793,000; 2013 AED 3,650,000; 2014 AED 5,605,000; 2015 AED 2,000,000; 2020 AED 2,550,000; 2021 AED 3,687,500; 2023 AED 4,405,000; 2024 AED 5,362,500; 2025 AED 5,820,836Sold by developer, September 2021: AED 2,900,000 (AED 999 per sqft)

1403 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1403, each contractTypical four-bed in Al Mesk Tower
100K200K300K2012201620202024Typical rent by year: 2012 AED 240,000; 2013 AED 250,000; 2014 AED 270,000; 2015 AED 280,000; 2016 AED 264,250; 2017 AED 240,000; 2018 AED 225,000; 2019 AED 196,000; 2020 AED 180,000; 2021 AED 180,000; 2022 AED 207,000; 2023 AED 230,000; 2024 AED 265,000; 2025 AED 305,000; 2026 AED 304,000New contract, July 2018: AED 85,000 a yearRenewal, July 2019: AED 120,000 a yearNew contract, June 2022: AED 270,000 a yearRenewal, June 2023: AED 275,000 a yearRenewal, June 2024: AED 275,000 a yearRenewal, June 2024: AED 275,000 a year

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

4-beds in Al Mesk Tower, and where 1403 sits

All 54 4-beds →

1403 last sold in September 2021 at AED 999 per sqft, in line with what four-beds in Al Mesk Tower were fetching at the time (AED 1,002). Over the last 12 months four-beds sold for AED 1,525,705 to 5,400,000, around AED 1,850 per sqft, and rent for AED 242,000 to 420,000 a year. 1403's AED 275,000 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
7 Jul 20265,400,000
30 Jun 20265,367,506
18 Nov 20251,525,705
14 Aug 20255,820,836
3 4-bed sales in the last 12 months

Al Mesk Tower

Building

232 apartments, 1-bed to 5-bed over 37 floors in Dubai Marina, completed in 2023 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 1,904
Typical sale
AED 3.95M
Typical rent
AED 185K /yr
Typical yield
5.6%
Al Mesk Tower, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 232 units in Al Mesk Tower
Value
14012-bedAED 3.63M · Nov 2015
14021-bedAED 2.55M · Jan 2026
14044-bedAED 5.7M · Jan 2016
14051-bedAED 387K · Aug 2009
14062-bedAED 2.6M · Jan 2020
14071-bedAED 2M · May 2018

1403, Al Mesk Tower in numbers

  • Sold once: by Emaar on 20 September 2021 for AED 2,900,000, or AED 999 per sqft.
  • Rented since July 2018 on 6 Ejari contracts, from AED 85,000 to AED 275,000 a year.
  • At AED 275,000 a year the gross yield on the 2021 price is 9.5%, before a service charge of about AED 42,600 a year (AED 14.69 per sqft).
  • Four-beds in Al Mesk Tower sold for AED 1,525,705–5,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,904 per sqft.

Source: Dubai Land Department. Updated 15 June 2024.

Questions about 1403, Al Mesk Tower

What did unit 1403 last sell for?

AED 2,900,000 on 20 September 2021, sold by the developer: AED 999 per sqft for 2,901 sqft. It is the only registered sale of the unit.

What is the rent for unit 1403?

AED 275,000 a year on the contract renewed on 15 June 2024. The previous contract, from June 2024, was AED 275,000; the unit has been rented since July 2018.

How big is unit 1403?

2,901 sqft (269.5 sqm): a four-bedroom apartment on the 14th floor of a 37-storey tower completed in 2023.

What is unit 1403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Al Mesk Tower sold for AED 1,525,705 to 5,400,000 in the last 12 months, around AED 1,850 per sqft.

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Mortgage on 1403, Al Mesk Tower

Starts from the last sale price (AED 2.9M, 20 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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