3-bed · 2,516 sqftAl Mesk Tower, Dubai Marina · 24th floor · completed 2023

2403, Al Mesk Tower

Sold prices and rental history: sold twice, last in August 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 4 August 2021
Last soldAED 2.7M4 August 2021
Current rentAED 150K /yr7 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Al Mesk Tower

What is 2403 worth today?

Last sold for AED 2,700,000 in 2021

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4 Aug 2021SoldReady
AED 2,700,000AED 1,073 per sqft
7 Sep 2019RentedNew contract
AED 150,000/yr12 months · AED 60 per sqft
6 Dec 2016RentedRenewal
AED 230,000/yr12 months · AED 91 per sqft
6 Dec 2015RentedNew contract
AED 230,000/yr12 months · AED 91 per sqft
1 May 2014RentedNew contract
AED 250,000/yr12 months · AED 99 per sqft
1 Dec 2012RentedNew contract
AED 170,000/yr12 months · AED 67 per sqft
29 Dec 2009Sold by developerReady
AED 1,804,000AED 717 per sqft

Source: Dubai Land Department. Updated 4 August 2021.

Key facts

Type
3-bed apartment
Size
2,516 sqft
Floor
24th of 37
Parking
2751 , 2752
Developer
Emaar
Completed
2023
Service charge
AED 37,000 /yr
Last sold
AED 2.7M · August 2021

About 2403, Al Mesk Tower

2403 is a three-bedroom apartment of 2,516 sqft on the 24th floor of Al Mesk Tower, a 37-storey tower in Dubai Marina completed in 2023 by Emaar. It last sold on 4 August 2021 for AED 2,700,000, or AED 1,073 per sqft, 4% above the AED 1,033 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 7 September 2019, is AED 150,000 a year: a gross yield of 5.6% on the 2021 price, before the service charge of about AED 37,000 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, each saleTypical three-bed in Al Mesk Tower
2M4M6M2008201320182023Typical sale price by year: 2008 AED 2,239,000; 2009 AED 1,864,000; 2010 AED 2,116,175; 2011 AED 3,418,250; 2012 AED 3,747,500; 2013 AED 4,000,000; 2014 AED 5,150,000; 2018 AED 4,050,000; 2020 AED 2,950,000; 2021 AED 2,600,000; 2022 AED 4,125,000; 2024 AED 5,650,000; 2025 AED 5,800,000Sold by developer, December 2009: AED 1,804,000 (AED 717 per sqft)Sold, August 2021: AED 2,700,000 (AED 1,073 per sqft)

2403 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2403, each contractTypical three-bed in Al Mesk Tower
200K2012201620202024Typical rent by year: 2012 AED 190,000; 2013 AED 220,000; 2014 AED 240,000; 2015 AED 265,000; 2016 AED 240,000; 2017 AED 250,000; 2018 AED 215,000; 2019 AED 185,000; 2020 AED 152,500; 2021 AED 155,000; 2022 AED 182,500; 2023 AED 240,000; 2024 AED 226,250; 2025 AED 260,000; 2026 AED 250,000New contract, December 2012: AED 170,000 a yearNew contract, May 2014: AED 250,000 a yearNew contract, December 2015: AED 230,000 a yearRenewal, December 2016: AED 230,000 a yearNew contract, September 2019: AED 150,000 a year

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

3-beds in Al Mesk Tower, and where 2403 sits

All 37 3-beds →

2403 last sold in August 2021 at AED 1,073 per sqft, 4% above what three-beds in Al Mesk Tower were fetching at the time (AED 1,033). Over the last 12 months three-beds sold for AED 4,900,000, around AED 1,947 per sqft, and rent for AED 222,857 to 360,000 a year. 2403's AED 150,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
9 Jun 20264,900,000
12 Sep 20257,500,000
18 Jul 20255,600,000
14 Jan 20255,800,000
1 3-bed sale 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 24th floor

All 232 units in Al Mesk Tower
Value
24013-bedAED 3M · Oct 2013
24022-bedAED 2.48M · Apr 2023
24043-bedAED 4.9M · Jun 2026
24052-bedAED 3.5M · Aug 2014
24063-bedAED 2.24M · Jul 2008

2403, Al Mesk Tower in numbers

  • Sold twice: first on 29 December 2009 for AED 1,804,000, last on 4 August 2021 for AED 2,700,000 (AED 1,073 per sqft).
  • Rented since December 2012 on 5 Ejari contracts, from AED 170,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 5.6%, before a service charge of about AED 37,000 a year (AED 14.69 per sqft).
  • Three-beds in Al Mesk Tower sold for AED 4,900,000–4,900,000 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 4 August 2021.

Questions about 2403, Al Mesk Tower

What did unit 2403 last sell for?

AED 2,700,000 on 4 August 2021: AED 1,073 per sqft for 2,516 sqft. The unit has 2 registered sales; the first was AED 1,804,000 in December 2009.

What is the rent for unit 2403?

AED 150,000 a year on the contract signed on 7 September 2019. The previous contract, from December 2016, was AED 230,000; the unit has been rented since December 2012.

How big is unit 2403?

2,516 sqft (233.7 sqm): a three-bedroom apartment on the 24th floor of a 37-storey tower completed in 2023.

What is unit 2403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Mesk Tower sold for AED 4,900,000 to 4,900,000 in the last 12 months, around AED 1,947 per sqft.

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Mortgage on 2403, Al Mesk Tower

Starts from the last sale price (AED 2.7M, 4 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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