401, Al Mesk Tower
Sold prices and rental history: sold once, by the developer in December 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Al Mesk Tower
What is 401 worth today?
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Source: Dubai Land Department. Updated 5 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,715 sqft
- Floor
- 4th of 37
- Parking
- 448
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 25,200 /yr
- Last sold
- AED 2.8M · December 2016
- Building
- Al Mesk Tower
About 401, Al Mesk Tower
401 is a two-bedroom apartment of 1,715 sqft on the 4th floor of Al Mesk Tower, a 37-storey tower in Dubai Marina completed in 2023 by Emaar. The developer sold it on 21 December 2016 for AED 2,800,000, or AED 1,632 per sqft, 11% below the AED 1,825 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 5 April 2024, is AED 187,999 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 25,200 a year.
Sales and rents for 401 over time
401 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Mesk Tower, and where 401 sits
All 65 2-beds →401 last sold in December 2016 at AED 1,632 per sqft, 11% below what two-beds in Al Mesk Tower were fetching at the time (AED 1,825). 401's AED 187,999 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Apr 20259 April 2025 | 1,715 sqft | 4,800,000 | 2,798 | ||
| 16 Dec 202416 December 2024 | 1,509 sqft | 3,500,000 | 2,319 | ||
| 16 Dec 202416 December 2024 | 1,509 sqft | 3,500,000 | 2,319 | ||
| 11 Jun 202411 June 2024 | 1,509 sqft | 3,175,000 | 2,104 |
Al Mesk Tower
Building232 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%
Other units on the 4th floor
All 232 units in Al Mesk Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 1,190 sqft | AED 1.38MAED 1,375,000 · Mar 2012March 2012 | 110,000 /yr | |
| 403 | 4-bed | 2,901 sqft | AED 5.35MAED 5,350,000 · Jul 2024July 2024 | 240,000 /yr | |
| 404 | 4-bed | 2,901 sqft | AED 5.3MAED 5,300,000 · Jun 2024June 2024 | 176,000 /yr | |
| 405 | 1-bed | 1,190 sqft | AED 2.28MAED 2,275,000 · Jan 2025January 2025 | 20,000 /yr | |
| 406 | 2-bed | 1,698 sqft | AED 2.2MAED 2,200,000 · Dec 2018December 2018 | 185,000 /yr | |
| 407 | 1-bed | 1,535 sqft | AED 1.74MAED 1,735,000 · Feb 2019February 2019 | 130,000 /yr |
401, Al Mesk Tower in numbers
- Sold once: by Emaar on 21 December 2016 for AED 2,800,000, or AED 1,632 per sqft.
- Rented since May 2013 on 13 Ejari contracts. The rent fell from AED 205,000 to AED 110,000 in 2021 and recovered to AED 187,999 by April 2024.
- At AED 187,999 a year the gross yield on the 2016 price is 6.7%, before a service charge of about AED 25,200 a year (AED 14.69 per sqft).
Source: Dubai Land Department. Updated 5 April 2024.
Questions about 401, Al Mesk Tower
What did unit 401 last sell for?
AED 2,800,000 on 21 December 2016, sold by the developer: AED 1,632 per sqft for 1,715 sqft. It is the only registered sale of the unit.
What is the rent for unit 401?
AED 187,999 a year on the contract renewed on 5 April 2024. The previous contract, from April 2024, was AED 187,999; the unit has been rented since May 2013.
How big is unit 401?
1,715 sqft (159.3 sqm): a two-bedroom apartment on the 4th floor of a 37-storey tower completed in 2023.
What is unit 401 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 401, Al Mesk Tower
Starts from the last sale price (AED 2.8M, 21 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →