1-bed · 1,510 sqftAl Yass Tower, Dubai Marina · 4th floor · completed 2004

407, Al Yass Tower

Sold prices and rental history: sold once, by the developer in December 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 8 March 2019
Last soldAED 1.2M18 December 2012
Current rentAED 135K /yr8 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Al Yass Tower

What is 407 worth today?

Last sold for AED 1,195,000 in 2012

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8 Mar 2019RentedNew contract
AED 135,000/yr12 months · AED 90 per sqft
8 May 2017RentedNew contract
AED 175,000/yr12 months · AED 116 per sqft
2 Jan 2016RentedRenewal
AED 190,000/yr12 months · AED 126 per sqft
2 Jan 2015RentedNew contract
AED 190,000/yr12 months · AED 126 per sqft
1 Sep 2013RentedNew contract
AED 149,584/yr12 months · AED 99 per sqft
18 Dec 2012Sold by developerReady
AED 1,195,000AED 791 per sqft

Source: Dubai Land Department. Updated 8 March 2019.

Key facts

Type
1-bed apartment
Size
1,510 sqft
Floor
4th of 24
Parking
2533
Developer
Emaar
Completed
2004
Service charge
AED 22,200 /yr
Last sold
AED 1.2M · December 2012

About 407, Al Yass Tower

407 is a one-bedroom apartment of 1,510 sqft on the 4th floor of Al Yass Tower, a 24-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 18 December 2012 for AED 1,195,000, or AED 791 per sqft, in line with the AED 791 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 8 March 2019, is AED 135,000 a year: a gross yield of 11.3% on the 2012 price, before the service charge of about AED 22,200 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Al Yass Tower
1M2M2008201120142017Typical sale price by year: 2008 AED 1,300,000; 2009 AED 1,850,000; 2010 AED 698,750; 2011 AED 1,650,000; 2012 AED 1,195,000; 2013 AED 1,975,000; 2015 AED 1,637,500; 2016 AED 2,420,000Sold by developer, December 2012: AED 1,195,000 (AED 791 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Al Yass Tower
100K150K200K2013201720212025Typical rent by year: 2013 AED 154,792; 2014 AED 155,000; 2015 AED 167,500; 2016 AED 160,000; 2017 AED 145,000; 2018 AED 139,000; 2019 AED 117,500; 2020 AED 100,750; 2021 AED 95,000; 2022 AED 105,000; 2023 AED 115,000; 2024 AED 125,000; 2025 AED 142,500; 2026 AED 150,000New contract, September 2013: AED 149,584 a yearNew contract, January 2015: AED 190,000 a yearRenewal, January 2016: AED 190,000 a yearNew contract, May 2017: AED 175,000 a yearNew contract, March 2019: AED 135,000 a year

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

1-beds in Al Yass Tower, and where 407 sits

All 19 1-beds →

407 last sold in December 2012 at AED 791 per sqft, in line with what one-beds in Al Yass Tower were fetching at the time (AED 791). Over the last 12 months one-beds sold for AED 3,050,000, around AED 2,019 per sqft, and rent for AED 75,000 to 190,000 a year. 407's AED 135,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Nov 20253,050,000
4 Aug 20252,050,000
15 Jun 20232,000,000
21 Dec 20222,100,000
1 1-bed sale 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 4th floor

All 145 units in Al Yass Tower
Value
4012-bedAED 3.43M · May 2024
4022-bedAED 3.46M · Jan 2015
4033-bedAED 3.9M · Sep 2023
4043-bedAED 4.25M · Nov 2025
4052-bedAED 1.28M · Aug 2010
4062-bedAED 1.56M · Jun 2011

407, Al Yass Tower in numbers

  • Sold once: by Emaar on 18 December 2012 for AED 1,195,000, or AED 791 per sqft.
  • Rented since September 2013 on 5 Ejari contracts, from AED 149,584 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2012 price is 11.3%, before a service charge of about AED 22,200 a year (AED 14.69 per sqft).
  • One-beds in Al Yass Tower sold for AED 3,050,000–3,050,000 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 8 March 2019.

Questions about 407, Al Yass Tower

What did unit 407 last sell for?

AED 1,195,000 on 18 December 2012, sold by the developer: AED 791 per sqft for 1,510 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 135,000 a year on the contract signed on 8 March 2019. The previous contract, from May 2017, was AED 175,000; the unit has been rented since September 2013.

How big is unit 407?

1,510 sqft (140.3 sqm): a one-bedroom apartment on the 4th floor of a 24-storey tower completed in 2004.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Yass Tower sold for AED 3,050,000 to 3,050,000 in the last 12 months, around AED 2,019 per sqft.

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Mortgage on 407, Al Yass Tower

Starts from the last sale price (AED 1.2M, 18 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,195,000
Deposit, UAE resident (20%)
AED 239,000
Deposit, non-resident (40%)
AED 478,000
Monthly over 25 years at 3.7%
AED 4,889

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