1-bed · 774 sqftDream Towers 1, Dubai Marina · 4th floor · completed 2009

402, Dream Towers 1

Sold prices and rental history: sold 3 times, last in December 2024, and rented 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 5 April 2025
Last soldAED 790K10 December 2024
Current rentAED 75K /yr5 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Dream Towers 1

What is 402 worth today?

Last sold for AED 790,000 in 2024

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5 Apr 2025RentedNew contract
AED 75,000/yr12 months · AED 97 per sqft
10 Dec 2024SoldReady
AED 790,000AED 1,020 per sqft
1 Nov 2019RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
18 Apr 2016RentedNew contract
AED 80,000/yr12 months · AED 103 per sqft
15 May 2013SoldReady
AED 820,000AED 1,059 per sqft
7 Jun 2010Sold by developerReady
AED 334,500AED 432 per sqft

Source: Dubai Land Department. Updated 5 April 2025.

Key facts

Type
1-bed apartment
Size
774 sqft
Floor
4th of 29
Parking
B2-F402
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 17,300 /yr
Last sold
AED 790K · December 2024

About 402, Dream Towers 1

402 is a one-bedroom apartment of 774 sqft on the 4th 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 10 December 2024 for AED 790,000, or AED 1,020 per sqft, 14% below the AED 1,180 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 5 April 2025, is AED 75,000 a year: a gross yield of 9.5% on the 2024 price, before the service charge of about AED 17,300 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, June 2010: AED 334,500 (AED 432 per sqft)Sold, May 2013: AED 820,000 (AED 1,059 per sqft)Sold, December 2024: AED 790,000 (AED 1,020 per sqft)

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

Rents
Unit 402, 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, April 2016: AED 80,000 a yearNew contract, November 2019: AED 55,000 a yearNew contract, April 2025: 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 Dream Towers 1, and where 402 sits

All 231 1-beds →

402 last sold in December 2024 at AED 1,020 per sqft, 14% below what one-beds in Dream Towers 1 were fetching at the time (AED 1,180). 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. 402's AED 75,000 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 4th floor

All 359 units in Dream Towers 1
Value
4011-bedAED 650K · Mar 2023
4031-bedAED 750K · Jan 2023
4041-bedAED 550K · Jul 2011
4051-bedAED 670K · Jul 2023
4062-bedNo registered sale
4072-bedNo registered sale
4081-bedAED 488K · Oct 2010
1–7 of 13

402, Dream Towers 1 in numbers

  • Sold 3 times: first on 7 June 2010 for AED 334,500, last on 10 December 2024 for AED 790,000 (AED 1,020 per sqft).
  • Rented since April 2016 on 3 Ejari contracts. The rent fell from AED 80,000 to AED 55,000 in 2019 and recovered to AED 75,000 by April 2025.
  • At AED 75,000 a year the gross yield on the 2024 price is 9.5%, before a service charge of about AED 17,300 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 5 April 2025.

Questions about 402, Dream Towers 1

What did unit 402 last sell for?

AED 790,000 on 10 December 2024: AED 1,020 per sqft for 774 sqft. The unit has 3 registered sales; the first was AED 334,500 in June 2010.

What is the rent for unit 402?

AED 75,000 a year on the contract signed on 5 April 2025. The previous contract, from November 2019, was AED 55,000; the unit has been rented since April 2016.

How big is unit 402?

774 sqft (71.9 sqm): a one-bedroom apartment on the 4th floor of a 29-storey tower completed in 2009.

What is unit 402 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 402, Dream Towers 1

Starts from the last sale price (AED 790K, 10 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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