3-bed · 2,337 sqftAl Yass Tower, Dubai Marina · 14th floor · completed 2004

1406, Al Yass Tower

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

Unit 1406 · DLD and Ejari recordsUpdated 30 November 2021
Last soldAED 3.55M30 November 2021
Current rentAED 180K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Al Yass Tower

What is 1406 worth today?

Last sold for AED 3,550,000 in 2021

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30 Nov 2021SoldReady
AED 3,550,000AED 1,519 per sqft
1 Dec 2020RentedRenewal
AED 180,000/yr12 months · AED 77 per sqft
1 Dec 2019RentedRenewal
AED 200,000/yr12 months · AED 86 per sqft
1 Dec 2018RentedRenewal
AED 225,000/yr12 months · AED 96 per sqft
1 Dec 2016RentedNew contract
AED 270,000/yr12 months · AED 116 per sqft
1 Dec 2015RentedRenewal
AED 270,000/yr12 months · AED 116 per sqft
22 Sep 2015Sold by developerReady
AED 2,422,000AED 1,036 per sqft
1 Dec 2014RentedNew contract
AED 270,000/yr12 months · AED 116 per sqft

Source: Dubai Land Department. Updated 30 November 2021.

Key facts

Type
3-bed apartment
Size
2,337 sqft
Floor
14th of 24
Parking
2545 , 2546
Developer
Emaar
Completed
2004
Service charge
AED 34,300 /yr
Last sold
AED 3.55M · November 2021

About 1406, Al Yass Tower

1406 is a three-bedroom apartment of 2,337 sqft on the 14th floor of Al Yass Tower, a 24-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 30 November 2021 for AED 3,550,000, or AED 1,519 per sqft, 54% above the AED 985 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 1 December 2020, is AED 180,000 a year: a gross yield of 5.1% on the 2021 price, before the service charge of about AED 34,300 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, each saleTypical three-bed in Al Yass Tower
2M4M6M2008201320182023Typical sale price by year: 2008 AED 2,600,000; 2009 AED 2,550,555; 2010 AED 1,815,000; 2011 AED 2,222,000; 2012 AED 2,537,500; 2014 AED 5,575,000; 2015 AED 5,250,000; 2021 AED 2,367,500; 2023 AED 3,800,000; 2024 AED 4,175,000Sold by developer, September 2015: AED 2,422,000 (AED 1,036 per sqft)Sold, November 2021: AED 3,550,000 (AED 1,519 per sqft)

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

Rents
Unit 1406, each contractTypical three-bed in Al Yass Tower
200K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 210,000; 2014 AED 232,500; 2015 AED 240,000; 2016 AED 236,250; 2017 AED 230,385; 2018 AED 200,000; 2019 AED 177,500; 2020 AED 170,000; 2021 AED 144,500; 2022 AED 175,000; 2023 AED 190,000; 2024 AED 207,500; 2025 AED 234,000; 2026 AED 247,500New contract, December 2012: AED 240,000 a yearNew contract, December 2014: AED 270,000 a yearRenewal, December 2015: AED 270,000 a yearNew contract, December 2016: AED 270,000 a yearRenewal, December 2018: AED 225,000 a yearRenewal, December 2019: AED 200,000 a yearRenewal, December 2020: AED 180,000 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 Yass Tower, and where 1406 sits

All 48 3-beds →

1406 last sold in November 2021 at AED 1,519 per sqft, 54% above what three-beds in Al Yass Tower were fetching at the time (AED 985). Over the last 12 months three-beds sold for AED 4,250,000 to 5,300,000, around AED 1,926 per sqft, and rent for AED 70,000 to 450,000 a year. 1406's AED 180,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Mar 20265,300,000
28 Nov 20254,250,000
28 Nov 20254,850,000
6 Jun 20244,400,000
3 3-bed sales in the last 12 months

Al Yass Tower

Building

145 apartments, 1-bed to 5-bed over 24 floors in Dubai Marina, completed in 2004 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,064
Typical sale
AED 4.55M
Typical rent
AED 200K /yr
Typical yield
5.2%
Al Yass Tower, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 145 units in Al Yass Tower
Value
14013-bedAED 6M · Jul 2015
14022-bedAED 1.85M · Mar 2021
14033-bedAED 2.3M · Apr 2012
14043-bedAED 2.55M · May 2009
14052-bedAED 1.9M · Jun 2009

1406, Al Yass Tower in numbers

  • Sold twice: first on 22 September 2015 for AED 2,422,000, last on 30 November 2021 for AED 3,550,000 (AED 1,519 per sqft).
  • Rented since December 2012 on 7 Ejari contracts, from AED 240,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2021 price is 5.1%, before a service charge of about AED 34,300 a year (AED 14.69 per sqft).
  • Three-beds in Al Yass Tower sold for AED 4,250,000–5,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,064 per sqft.

Source: Dubai Land Department. Updated 30 November 2021.

Questions about 1406, Al Yass Tower

What did unit 1406 last sell for?

AED 3,550,000 on 30 November 2021: AED 1,519 per sqft for 2,337 sqft. The unit has 2 registered sales; the first was AED 2,422,000 in September 2015.

What is the rent for unit 1406?

AED 180,000 a year on the contract renewed on 1 December 2020. The previous contract, from December 2019, was AED 200,000; the unit has been rented since December 2012.

How big is unit 1406?

2,337 sqft (217.1 sqm): a three-bedroom apartment on the 14th floor of a 24-storey tower completed in 2004.

What is unit 1406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Yass Tower sold for AED 4,250,000 to 5,300,000 in the last 12 months, around AED 1,926 per sqft.

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Mortgage on 1406, Al Yass Tower

Starts from the last sale price (AED 3.55M, 30 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

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