2-bed · 1,361 sqftBlakely, Dubai Marina · 4th floor · completed 2010

402, Blakely

Sold prices and rental history: sold 4 times, last in August 2019, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 1 August 2021
Last soldAED 1.3M21 August 2019
Current rentAED 105K /yr1 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Blakely

What is 402 worth today?

Last sold for AED 1,300,000 in 2019

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1 Aug 2021RentedRenewal
AED 105,000/yr6 months · AED 77 per sqft
1 Aug 2020RentedNew contract
AED 100,000/yr12 months · AED 74 per sqft
21 Aug 2019SoldReady
AED 1,300,000AED 955 per sqft
25 May 2018RentedNew contract
AED 125,000/yr12 months · AED 92 per sqft
15 Aug 2016RentedNew contract
AED 140,000/yr12 months · AED 103 per sqft
12 Aug 2012SoldReady
AED 1,500,000AED 1,102 per sqft
14 Feb 2011SoldReady
AED 1,218,888AED 895 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,218,888AED 895 per sqft

Source: Dubai Land Department. Updated 1 August 2021.

Key facts

Type
2-bed apartment
Size
1,361 sqft
Floor
4th of 27
Parking
P2-2086
Developer
Emaar
Completed
2010
Service charge
AED 14,200 /yr
Last sold
AED 1.3M · August 2019
Building
Blakely

About 402, Blakely

402 is a two-bedroom apartment of 1,361 sqft on the 4th floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 21 August 2019 for AED 1,300,000, or AED 955 per sqft, 12% below the AED 1,083 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 August 2021, is AED 105,000 a year: a gross yield of 8.1% on the 2019 price, before the service charge of about AED 14,200 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in Blakely
1M2M2009201420192024Typical sale price by year: 2009 AED 1,583,388; 2010 AED 1,673,888; 2011 AED 1,617,388; 2012 AED 1,667,444; 2013 AED 1,786,944; 2014 AED 2,600,000; 2015 AED 2,050,000; 2016 AED 2,235,000; 2017 AED 1,912,500; 2019 AED 1,475,000; 2020 AED 1,500,000; 2022 AED 2,347,500; 2023 AED 2,200,000; 2026 AED 2,405,656Sold by developer, March 2010: AED 1,218,888 (AED 895 per sqft)Sold, February 2011: AED 1,218,888 (AED 895 per sqft)Sold, August 2012: AED 1,500,000 (AED 1,102 per sqft)Sold, August 2019: AED 1,300,000 (AED 955 per sqft)

402 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 402, each contractTypical two-bed in Blakely
100K150K2012201620202024Typical rent by year: 2012 AED 115,500; 2013 AED 135,000; 2014 AED 142,875; 2015 AED 157,500; 2016 AED 150,000; 2017 AED 143,950; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 95,000; 2022 AED 117,500; 2023 AED 140,000; 2024 AED 150,000; 2025 AED 145,000; 2026 AED 135,000New contract, August 2016: AED 140,000 a yearNew contract, May 2018: AED 125,000 a yearNew contract, August 2020: AED 100,000 a yearRenewal, August 2021: AED 105,000 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 Blakely, and where 402 sits

All 52 2-beds →

402 last sold in August 2019 at AED 955 per sqft, 12% below what two-beds in Blakely were fetching at the time (AED 1,083). Over the last 12 months two-beds sold for AED 2,261,339 to 2,900,000, around AED 1,711 per sqft, and rent for AED 60,000 to 162,000 a year. 402's AED 105,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 20262,600,000
14 Sep 20262,900,000
23 Jun 20262,330,000
18 May 20262,261,339
5 2-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 4th floor

All 164 units in Blakely
Value
4011-bedAED 762K · Feb 2011
4032-bedAED 1.62M · Jun 2011
4041-bedAED 950K · May 2012
4051-bedAED 1.27M · Jul 2024
4061-bedAED 1.35M · Apr 2025

402, Blakely in numbers

  • Sold 4 times: first on 2 March 2010 for AED 1,218,888, last on 21 August 2019 for AED 1,300,000 (AED 955 per sqft).
  • Rented since August 2016 on 4 Ejari contracts, from AED 140,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2019 price is 8.1%, before a service charge of about AED 14,200 a year (AED 10.47 per sqft).
  • Two-beds in Blakely sold for AED 2,261,339–2,900,000 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 August 2021.

Questions about 402, Blakely

What did unit 402 last sell for?

AED 1,300,000 on 21 August 2019: AED 955 per sqft for 1,361 sqft. The unit has 4 registered sales; the first was AED 1,218,888 in March 2010.

What is the rent for unit 402?

AED 105,000 a year on the contract renewed on 1 August 2021. The previous contract, from August 2020, was AED 100,000; the unit has been rented since August 2016.

How big is unit 402?

1,361 sqft (126.4 sqm): a two-bedroom apartment on the 4th floor of a 27-storey tower completed in 2010.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Blakely sold for AED 2,261,339 to 2,900,000 in the last 12 months, around AED 1,711 per sqft.

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Mortgage on 402, Blakely

Starts from the last sale price (AED 1.3M, 21 August 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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