1-bed · 909 sqftBlakely, Dubai Marina · 14th floor · completed 2010

1401, Blakely

Sold prices and rental history: sold 3 times, last in April 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 11 February 2024
Last soldAED 1.75M27 April 2014
Current rentAED 100K /yr11 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Blakely

What is 1401 worth today?

Last sold for AED 1,750,000 in 2014

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11 Feb 2024RentedNew contract
AED 100,000/yr12 months · AED 110 per sqft
11 Feb 2024RentedNew contract
AED 100,000/yr12 months · AED 110 per sqft
12 Aug 2022RentedNew contract
AED 87,000/yr12 months · AED 96 per sqft
14 Jul 2021RentedNew contract
AED 72,000/yr12 months · AED 80 per sqft
1 Jun 2020RentedRenewal
AED 65,000/yr12 months · AED 72 per sqft
1 Jun 2019RentedRenewal
AED 85,000/yr12 months · AED 94 per sqft
1 Jun 2018RentedNew contract
AED 85,000/yr12 months · AED 94 per sqft
18 Nov 2015RentedRenewal
AED 125,000/yr12 months · AED 138 per sqft

Source: Dubai Land Department. Updated 11 February 2024.

Key facts

Type
1-bed apartment
Size
909 sqft
Floor
14th of 27
Parking
P2-2035
Developer
Emaar
Completed
2010
Service charge
AED 9,500 /yr
Last sold
AED 1.75M · April 2014
Building
Blakely

About 1401, Blakely

1401 is a one-bedroom apartment of 909 sqft on the 14th floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 27 April 2014 for AED 1,750,000, or AED 1,925 per sqft, 37% above the AED 1,409 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 11 February 2024, is AED 100,000 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 9,500 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, each saleTypical one-bed in Blakely
1M1.5M2009201420192024Typical sale price by year: 2009 AED 866,888; 2010 AED 837,888; 2011 AED 822,888; 2012 AED 889,388; 2013 AED 930,000; 2014 AED 1,400,000; 2015 AED 1,550,000; 2016 AED 1,275,000; 2017 AED 1,250,000; 2018 AED 1,300,000; 2020 AED 815,000; 2021 AED 1,060,741; 2022 AED 1,200,000; 2023 AED 1,420,000; 2024 AED 1,400,000; 2025 AED 1,585,000; 2026 AED 1,657,500Sold by developer, March 2010: AED 841,888 (AED 926 per sqft)Sold, April 2012: AED 841,888 (AED 926 per sqft)Sold, April 2014: AED 1,750,000 (AED 1,925 per sqft)

1401 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1401, each contractTypical one-bed in Blakely
100K2012201620202024Typical rent by year: 2012 AED 71,000; 2013 AED 90,000; 2014 AED 100,000; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 100,000; 2018 AED 93,000; 2019 AED 80,000; 2020 AED 68,000; 2021 AED 67,742; 2022 AED 75,000; 2023 AED 87,750; 2024 AED 95,000; 2025 AED 100,000; 2026 AED 98,500New contract, November 2013: AED 125,000 a yearNew contract, November 2014: AED 125,000 a yearRenewal, November 2015: AED 125,000 a yearNew contract, June 2018: AED 85,000 a yearRenewal, June 2019: AED 85,000 a yearRenewal, June 2020: AED 65,000 a yearNew contract, July 2021: AED 72,000 a yearNew contract, August 2022: AED 87,000 a yearNew contract, February 2024: AED 100,000 a yearNew contract, February 2024: AED 100,000 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 Blakely, and where 1401 sits

All 111 1-beds →

1401 last sold in April 2014 at AED 1,925 per sqft, 37% above what one-beds in Blakely were fetching at the time (AED 1,409). Over the last 12 months one-beds sold for AED 1,320,000 to 2,550,000, around AED 1,860 per sqft, and rent for AED 65,500 to 165,000 a year. 1401's AED 100,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
8 Sep 20261,320,000
6 Aug 202632,085
4 Aug 202621,149
24 Jul 202614,301
13 1-bed sales in the last 12 months

Blakely

Building

164 apartments, 1-bed to 3-bed over 27 floors in Dubai Marina, completed in 2010 by Emaar. 18 sold in the last 12 months.

Typical price per sqft
AED 1,769 Down 4.4%
Typical sale
AED 2.05M
Typical rent
AED 105K /yr
Typical yield
5.9%
Blakely, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 164 units in Blakely
Value
14022-bedAED 700K · Nov 2019
14032-bedAED 2.6M · Mar 2025
14041-bedAED 1.88M · Dec 2014
14051-bedAED 1.4M · Jun 2024
14061-bedAED 823K · May 2011

1401, Blakely in numbers

  • Sold 3 times: first on 28 March 2010 for AED 841,888, last on 27 April 2014 for AED 1,750,000 (AED 1,925 per sqft).
  • Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 125,000 to AED 65,000 in 2020 and recovered to AED 100,000 by February 2024.
  • At AED 100,000 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 9,500 a year (AED 10.47 per sqft).
  • One-beds in Blakely sold for AED 1,320,000–2,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,769 per sqft.

Source: Dubai Land Department. Updated 11 February 2024.

Questions about 1401, Blakely

What did unit 1401 last sell for?

AED 1,750,000 on 27 April 2014: AED 1,925 per sqft for 909 sqft. The unit has 3 registered sales; the first was AED 841,888 in March 2010.

What is the rent for unit 1401?

AED 100,000 a year on the contract signed on 11 February 2024. The previous contract, from February 2024, was AED 100,000; the unit has been rented since November 2013.

How big is unit 1401?

909 sqft (84.4 sqm): a one-bedroom apartment on the 14th floor of a 27-storey tower completed in 2010.

What is unit 1401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Blakely sold for AED 1,320,000 to 2,550,000 in the last 12 months, around AED 1,860 per sqft.

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Mortgage on 1401, Blakely

Starts from the last sale price (AED 1.75M, 27 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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