1-bed · 1,052 sqftBlakely, Dubai Marina · 24th floor · completed 2010

2404, Blakely

Sold prices and rental history: sold 3 times, last in March 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 1.1M7 March 2012
Current rentAED 75K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Blakely

What is 2404 worth today?

Last sold for AED 1,100,000 in 2012

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1 Nov 2022RentedRenewal
AED 75,000/yr12 months · AED 71 per sqft
1 Nov 2021RentedNew contract
AED 75,000/yr12 months · AED 71 per sqft
30 Nov 2020RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft
1 Nov 2019RentedNew contract
AED 85,000/yr12 months · AED 81 per sqft
6 Sep 2018RentedRenewal
AED 127,500/yr12 months · AED 121 per sqft
6 Sep 2017RentedNew contract
AED 127,500/yr12 months · AED 121 per sqft
17 Aug 2016RentedRenewal
AED 130,000/yr12 months · AED 123 per sqft
17 Aug 2015RentedNew contract
AED 130,000/yr12 months · AED 123 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
1-bed apartment
Size
1,052 sqft
Floor
24th of 27
Parking
P2-2054
Developer
Emaar
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 1.1M · March 2012
Building
Blakely

About 2404, Blakely

2404 is a one-bedroom apartment of 1,052 sqft on the 24th floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 7 March 2012 for AED 1,100,000, or AED 1,045 per sqft, 13% above the AED 924 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 75,000 a year: a gross yield of 6.8% on the 2012 price, before the service charge of about AED 11,000 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, 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 906,888 (AED 862 per sqft)Sold, March 2012: AED 1,100,000 (AED 1,045 per sqft)Sold, March 2012: AED 906,888 (AED 862 per sqft)

2404 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2404, 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, July 2014: AED 130,000 a yearNew contract, August 2015: AED 130,000 a yearRenewal, August 2016: AED 130,000 a yearNew contract, September 2017: AED 127,500 a yearRenewal, September 2018: AED 127,500 a yearNew contract, November 2019: AED 85,000 a yearNew contract, November 2020: AED 70,000 a yearNew contract, November 2021: AED 75,000 a yearRenewal, November 2022: AED 75,000 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 2404 sits

All 111 1-beds →

2404 last sold in March 2012 at AED 1,045 per sqft, 13% above what one-beds in Blakely were fetching at the time (AED 924). 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. 2404's AED 75,000 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 24th floor

All 164 units in Blakely
Value
24011-bedAED 1.65M · Jul 2025
24022-bedAED 1.73M · Oct 2022
24032-bedAED 2.3M · Sep 2022
24051-bedAED 1.28M · Jan 2016
24061-bedAED 1.3M · Oct 2022

2404, Blakely in numbers

  • Sold 3 times: first on 2 March 2010 for AED 906,888, last on 7 March 2012 for AED 1,100,000 (AED 1,045 per sqft).
  • Rented since July 2014 on 9 Ejari contracts, from AED 130,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2012 price is 6.8%, before a service charge of about AED 11,000 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 1 November 2022.

Questions about 2404, Blakely

What did unit 2404 last sell for?

AED 1,100,000 on 7 March 2012: AED 1,045 per sqft for 1,052 sqft. The unit has 3 registered sales; the first was AED 906,888 in March 2010.

What is the rent for unit 2404?

AED 75,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 75,000; the unit has been rented since July 2014.

How big is unit 2404?

1,052 sqft (97.7 sqm): a one-bedroom apartment on the 24th floor of a 27-storey tower completed in 2010.

What is unit 2404 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 2404, Blakely

Starts from the last sale price (AED 1.1M, 7 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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