1-bed · 731 sqftDream Towers 1, Dubai Marina · 14th floor · completed 2009

1404, Dream Towers 1

Sold prices and rental history: sold 3 times, last in October 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1404 · DLD and Ejari recordsUpdated 11 October 2024
Last soldAED 909K16 October 2016
Current rentAED 55K /yr11 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1404, Dream Towers 1

What is 1404 worth today?

Last sold for AED 909,000 in 2016

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11 Oct 2024RentedRenewal
AED 54,500/yr12 months · AED 74 per sqft
11 Oct 2023RentedRenewal
AED 39,000/yr12 months · AED 53 per sqft
11 Oct 2022RentedRenewal
AED 39,000/yr12 months · AED 53 per sqft
11 Oct 2021RentedRenewal
AED 39,000/yr12 months · AED 53 per sqft
11 Oct 2020RentedRenewal
AED 39,000/yr12 months · AED 53 per sqft
11 Oct 2019RentedRenewal
AED 55,000/yr12 months · AED 75 per sqft
11 Oct 2018RentedNew contract
AED 70,000/yr12 months · AED 96 per sqft
19 Nov 2017RentedNew contract
AED 64,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 11 October 2024.

Key facts

Type
1-bed apartment
Size
731 sqft
Floor
14th of 29
Parking
B2-F1404
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 16,400 /yr
Last sold
AED 909K · October 2016

About 1404, Dream Towers 1

1404 is a one-bedroom apartment of 731 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 16 October 2016 for AED 909,000, or AED 1,242 per sqft, 5% above the AED 1,178 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 11 October 2024, is AED 54,500 a year: a gross yield of 6.0% on the 2016 price, before the service charge of about AED 16,400 a year.

Sales and rents for 1404 over time

Sales
Unit 1404, 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 428,000 (AED 585 per sqft)Sold, August 2016: AED 700,000 (AED 957 per sqft)Sold, October 2016: AED 909,000 (AED 1,242 per sqft)

1404 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1404, each contractTypical one-bed in Dream Towers 1
40K60K80K2012201620202024Typical 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, August 2014: AED 83,000 a yearNew contract, September 2015: AED 79,000 a yearNew contract, September 2016: AED 79,000 a yearNew contract, September 2016: AED 79,000 a yearNew contract, November 2017: AED 64,000 a yearNew contract, October 2018: AED 70,000 a yearRenewal, October 2019: AED 55,000 a yearRenewal, October 2020: AED 39,000 a yearRenewal, October 2021: AED 39,000 a yearRenewal, October 2022: AED 39,000 a yearRenewal, October 2023: AED 39,000 a yearRenewal, October 2024: AED 54,500 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 1404 sits

All 231 1-beds →

1404 last sold in October 2016 at AED 1,242 per sqft, 5% above what one-beds in Dream Towers 1 were fetching at the time (AED 1,178). 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. 1404's AED 54,500 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
14011-bedAED 850K · Jul 2024
14021-bedAED 910K · Oct 2013
14031-bedAED 850K · Dec 2016
14051-bedAED 1.1M · Oct 2025
14062-bedNo registered sale
14072-bedNo registered sale
14081-bedAED 700K · Feb 2023
1–7 of 13

1404, Dream Towers 1 in numbers

  • Sold 3 times: first on 9 August 2010 for AED 428,000, last on 16 October 2016 for AED 909,000 (AED 1,242 per sqft).
  • Rented since August 2014 on 12 Ejari contracts. The rent fell from AED 83,000 to AED 39,000 in 2023 and recovered to AED 54,500 by October 2024.
  • At AED 54,500 a year the gross yield on the 2016 price is 6.0%, before a service charge of about AED 16,400 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 11 October 2024.

Questions about 1404, Dream Towers 1

What did unit 1404 last sell for?

AED 909,000 on 16 October 2016: AED 1,242 per sqft for 731 sqft. The unit has 3 registered sales; the first was AED 428,000 in August 2010.

What is the rent for unit 1404?

AED 54,500 a year on the contract renewed on 11 October 2024. The previous contract, from October 2023, was AED 39,000; the unit has been rented since August 2014.

How big is unit 1404?

731 sqft (67.9 sqm): a one-bedroom apartment on the 14th floor of a 29-storey tower completed in 2009.

What is unit 1404 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 1404, Dream Towers 1

Starts from the last sale price (AED 909K, 16 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 909,000
Deposit, UAE resident (20%)
AED 181,800
Deposit, non-resident (40%)
AED 363,600
Monthly over 25 years at 3.7%
AED 3,719

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