1-bed · 679 sqftDream Towers 1, Dubai Marina · 14th floor · completed 2009

1401, Dream Towers 1

Sold prices and rental history: sold 6 times, last in July 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 17 July 2024
Last soldAED 850K17 July 2024
Current rentAED 72K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Dream Towers 1

What is 1401 worth today?

Last sold for AED 850,000 in 2024

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17 Jul 2024SoldReady
AED 850,000AED 1,252 per sqft
1 Aug 2023RentedNew contract
AED 72,000/yr12 months · AED 106 per sqft
14 Apr 2023SoldReady
AED 725,000AED 1,068 per sqft
25 Nov 2022SoldReady
AED 675,000AED 994 per sqft
7 Nov 2021RentedNew contract
AED 47,000/yr12 months · AED 69 per sqft
26 Sep 2020RentedNew contract
AED 48,000/yr12 months · AED 71 per sqft
7 Oct 2017RentedNew contract
AED 63,000/yr12 months · AED 93 per sqft
19 Dec 2016SoldReady
AED 770,000AED 1,134 per sqft

Source: Dubai Land Department. Updated 17 July 2024.

Key facts

Type
1-bed apartment
Size
679 sqft
Floor
14th of 29
Parking
B2-F1401
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 15,200 /yr
Last sold
AED 850K · July 2024

About 1401, Dream Towers 1

1401 is a one-bedroom apartment of 679 sqft on the 14th floor of Dream Towers 1, a 29-storey tower in Dubai Marina completed in 2009 by Desert Dream Investments & Development Properties. It last sold on 17 July 2024 for AED 850,000, or AED 1,252 per sqft, 18% above the AED 1,059 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 August 2023, is AED 72,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 15,200 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, each saleTypical one-bed in Dream Towers 1
500K1M2010201520202025Typical sale price by year: 2010 AED 334,500; 2011 AED 458,000; 2012 AED 550,000; 2013 AED 788,500; 2014 AED 1,000,000; 2015 AED 880,000; 2016 AED 842,500; 2017 AED 800,000; 2019 AED 600,000; 2020 AED 535,000; 2021 AED 500,000; 2022 AED 600,000; 2023 AED 710,000; 2024 AED 860,000; 2025 AED 982,500; 2026 AED 1,100,000Sold by developer, August 2010: AED 500,000 (AED 736 per sqft)Sold, May 2016: AED 800,000 (AED 1,178 per sqft)Sold, December 2016: AED 770,000 (AED 1,134 per sqft)Sold, November 2022: AED 675,000 (AED 994 per sqft)Sold, April 2023: AED 725,000 (AED 1,068 per sqft)Sold, July 2024: AED 850,000 (AED 1,252 per sqft)

1401 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1401, each contractTypical one-bed in Dream Towers 1
50K75K2012201620202024Typical rent by year: 2012 AED 57,500; 2013 AED 65,000; 2014 AED 78,000; 2015 AED 80,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 41,000; 2021 AED 40,000; 2022 AED 47,000; 2023 AED 59,000; 2024 AED 67,000; 2025 AED 70,000; 2026 AED 67,000New contract, May 2014: AED 85,000 a yearRenewal, May 2015: AED 87,500 a yearNew contract, September 2016: AED 70,000 a yearNew contract, October 2017: AED 63,000 a yearNew contract, September 2020: AED 48,000 a yearNew contract, November 2021: AED 47,000 a yearNew contract, August 2023: AED 72,000 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 Dream Towers 1, and where 1401 sits

All 231 1-beds →

1401 last sold in July 2024 at AED 1,252 per sqft, 18% above what one-beds in Dream Towers 1 were fetching at the time (AED 1,059). Over the last 12 months one-beds sold for AED 900,000 to 1,150,000, around AED 1,352 per sqft, and rent for AED 52,000 to 170,002 a year. 1401's AED 72,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 2026900,000
10 Mar 20261,100,000
2 Feb 20261,150,000
17 Nov 20251,000,000
4 1-bed sales in the last 12 months

Dream Towers 1

Building

359 apartments, 1-bed to 4-bed over 29 floors in Dubai Marina, completed in 2009 by Desert Dream Investments & Development Properties. 4 sold in the last 12 months.

Typical price per sqft
AED 1,352
Typical sale
AED 1.05M
Typical rent
AED 75K /yr
Typical yield
6.0%
Dream Towers 1, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 359 units in Dream Towers 1
Value
14021-bedAED 910K · Oct 2013
14031-bedAED 850K · Dec 2016
14041-bedAED 909K · Oct 2016
14051-bedAED 1.1M · Oct 2025
14062-bedNo registered sale
14072-bedNo registered sale
14081-bedAED 700K · Feb 2023
1–7 of 13

1401, Dream Towers 1 in numbers

  • Sold 6 times: first on 9 August 2010 for AED 500,000, last on 17 July 2024 for AED 850,000 (AED 1,252 per sqft).
  • Rented since May 2014 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 47,000 in 2021 and recovered to AED 72,000 by August 2023.
  • At AED 72,000 a year the gross yield on the 2024 price is 8.5%, before a service charge of about AED 15,200 a year (AED 22.41 per sqft).
  • One-beds in Dream Towers 1 sold for AED 900,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,352 per sqft.

Source: Dubai Land Department. Updated 17 July 2024.

Questions about 1401, Dream Towers 1

What did unit 1401 last sell for?

AED 850,000 on 17 July 2024: AED 1,252 per sqft for 679 sqft. The unit has 6 registered sales; the first was AED 500,000 in August 2010.

What is the rent for unit 1401?

AED 72,000 a year on the contract signed on 1 August 2023. The previous contract, from November 2021, was AED 47,000; the unit has been rented since May 2014.

How big is unit 1401?

679 sqft (63.1 sqm): a one-bedroom apartment on the 14th floor of a 29-storey tower completed in 2009.

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 Dream Towers 1 sold for AED 900,000 to 1,150,000 in the last 12 months, around AED 1,352 per sqft.

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Mortgage on 1401, Dream Towers 1

Starts from the last sale price (AED 850K, 17 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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