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2-bed · 1,351 sqftAl Sahab 2, Dubai Marina · 14th floor · completed 2006

1406, Al Sahab 2

Sold prices and rental history: sold once, by the developer in March 2009, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 1 October 2016
Last soldAED 1.01M18 March 2009
Current rentAED 100K /yr1 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1406, Al Sahab 2

What is 1406 worth today?

Last sold for AED 1,007,800 in 2009

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1 Oct 2016RentedRenewal
AED 100,000/yr12 months · AED 74 per sqft
1 Oct 2014RentedNew contract
AED 55,000/yr24 months · AED 41 per sqft
1 Oct 2013RentedNew contract
AED 110,000/yr12 months · AED 81 per sqft
18 Mar 2009Sold by developerReady
AED 1,007,800AED 745 per sqft

Source: Dubai Land Department. Updated 1 October 2016.

Key facts

Type
2-bed apartment
Size
1,351 sqft
Floor
14th of 43
Parking
100
Developer
Emaar
Completed
2006
Service charge
AED 23,800 /yr
Last sold
AED 1.01M · March 2009
Building
Al Sahab 2

About 1406, Al Sahab 2

1406 is a two-bedroom apartment of 1,351 sqft on the 14th floor of Al Sahab 2, a 43-storey tower in Dubai Marina completed in 2006 by Emaar. The developer sold it on 18 March 2009 for AED 1,007,800, or AED 745 per sqft, 18% below the AED 906 two-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 1 October 2016, is AED 100,000 a year: a gross yield of 9.9% on the 2009 price, before the service charge of about AED 23,800 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, each saleTypical two-bed in Al Sahab 2
1M2M3M2007201220172022Typical sale price by year: 2007 AED 567,650; 2008 AED 1,318,900; 2009 AED 1,115,800; 2010 AED 1,232,000; 2011 AED 1,148,800; 2012 AED 1,700,000; 2013 AED 2,075,000; 2014 AED 1,400,000; 2015 AED 2,100,000; 2016 AED 1,900,000; 2017 AED 2,150,000; 2018 AED 1,750,000; 2019 AED 1,862,500; 2020 AED 1,360,000; 2021 AED 1,800,000; 2022 AED 2,000,000; 2023 AED 2,450,000; 2024 AED 2,532,500; 2025 AED 2,737,500Sold by developer, March 2009: AED 1,007,800 (AED 745 per sqft)

1406 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1406, each contractTypical two-bed in Al Sahab 2
50K100K150K2012201620202024Typical rent by year: 2012 AED 131,500; 2013 AED 135,000; 2014 AED 150,000; 2015 AED 149,180; 2016 AED 148,500; 2017 AED 140,810; 2018 AED 130,000; 2019 AED 110,000; 2020 AED 97,500; 2021 AED 95,000; 2022 AED 110,000; 2023 AED 130,000; 2024 AED 148,500; 2025 AED 148,500; 2026 AED 150,000New contract, October 2013: AED 110,000 a yearNew contract, October 2014: AED 55,000 a yearRenewal, October 2016: AED 100,000 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 Sahab 2, and where 1406 sits

All 111 2-beds →

1406 last sold in March 2009 at AED 745 per sqft, 18% below what two-beds in Al Sahab 2 were fetching at the time (AED 906). Over the last 12 months two-beds sold for AED 2,600,000 to 3,400,000, around AED 1,984 per sqft, and rent for AED 108,000 to 230,000 a year. 1406's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Sep 20262,600,000
30 Apr 20263,200,000
17 Nov 20253,400,000
13 Nov 20253,100,000
4 2-bed sales in the last 12 months

Al Sahab 2

Building

227 apartments, 1-bed to 3-bed over 43 floors in Dubai Marina, completed in 2006 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 1,984
Typical sale
AED 3.15M
Typical rent
AED 140K /yr
Typical yield
5.6%
Al Sahab 2, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 227 units in Al Sahab 2
Value
14021-bedAED 1.79M · Mar 2024
14032-bedAED 2M · Sep 2021
14043-bedAED 2.85M · Nov 2012
14051-bedAED 634K · Jul 2008
1401A2-bedAED 2.68M · Sep 2024

1406, Al Sahab 2 in numbers

  • Sold once: by Emaar on 18 March 2009 for AED 1,007,800, or AED 745 per sqft.
  • Rented since October 2013 on 3 Ejari contracts. The rent fell from AED 110,000 to AED 55,000 in 2014 and recovered to AED 100,000 by October 2016.
  • At AED 100,000 a year the gross yield on the 2009 price is 9.9%, before a service charge of about AED 23,800 a year (AED 17.58 per sqft).
  • Two-beds in Al Sahab 2 sold for AED 2,600,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,984 per sqft.

Source: Dubai Land Department. Updated 1 October 2016.

Questions about 1406, Al Sahab 2

What did unit 1406 last sell for?

AED 1,007,800 on 18 March 2009, sold by the developer: AED 745 per sqft for 1,351 sqft. It is the only registered sale of the unit.

What is the rent for unit 1406?

AED 100,000 a year on the contract renewed on 1 October 2016. The previous contract, from October 2014, was AED 55,000; the unit has been rented since October 2013.

How big is unit 1406?

1,351 sqft (125.5 sqm): a two-bedroom apartment on the 14th floor of a 43-storey tower completed in 2006.

What is unit 1406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Sahab 2 sold for AED 2,600,000 to 3,400,000 in the last 12 months, around AED 1,984 per sqft.

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Mortgage on 1406, Al Sahab 2

Starts from the last sale price (AED 1.01M, 18 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,007,800
Deposit, UAE resident (20%)
AED 201,560
Deposit, non-resident (40%)
AED 403,120
Monthly over 25 years at 3.7%
AED 4,123

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