408, Dream Towers 1
Sold prices and rental history: sold once, by the developer in October 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Dream Towers 1
What is 408 worth today?
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Source: Dubai Land Department. Updated 27 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 678 sqft
- Floor
- 4th of 29
- Parking
- B2-F408
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 15,200 /yr
- Last sold
- AED 488K · October 2010
- Building
- Dream Towers 1
About 408, Dream Towers 1
408 is a one-bedroom apartment of 678 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. The developer sold it on 27 October 2010 for AED 488,000, or AED 719 per sqft, 60% above the AED 449 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 27 October 2025, is AED 135,000 a year: a gross yield of 27.7% on the 2010 price, before the service charge of about AED 15,200 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the one-bed median of each year in the building.
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 408 sits
All 231 1-beds →408 last sold in October 2010 at AED 719 per sqft, 60% above what one-beds in Dream Towers 1 were fetching at the time (AED 449). 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. 408's AED 135,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 694 sqft | 900,000 | 1,297 | ||
| 10 Mar 202610 March 2026 | 782 sqft | 1,100,000 | 1,406 | ||
| 2 Feb 20262 February 2026 | 678 sqft | 1,150,000 | 1,696 | ||
| 17 Nov 202517 November 2025 | 779 sqft | 1,000,000 | 1,284 |
Dream Towers 1
Building359 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%
Other units on the 4th floor
All 359 units in Dream Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 679 sqft | AED 650KAED 650,000 · Mar 2023March 2023 | 60,000 /yr | |
| 402 | 1-bed | 774 sqft | AED 790KAED 790,000 · Dec 2024December 2024 | 75,000 /yr | |
| 403 | 1-bed | 789 sqft | AED 750KAED 750,000 · Jan 2023January 2023 | 65,000 /yr | |
| 404 | 1-bed | 731 sqft | AED 550KAED 550,000 · Jul 2011July 2011 | 64,000 /yr | |
| 405 | 1-bed | 694 sqft | AED 670KAED 670,000 · Jul 2023July 2023 | 54,000 /yr | |
| 406 | 2-bed | 1,251 sqft | No registered sale | 90,000 /yr | |
| 407 | 2-bed | 1,251 sqft | No registered sale | 80,000 /yr | |
| 409 | 1-bed | 729 sqft | AED 1MAED 1,000,000 · Aug 2016August 2016 | 69,600 /yr | |
| 410 | 1-bed | 798 sqft | AED 1.15MAED 1,150,000 · Feb 2014February 2014 | 63,000 /yr | |
| 411 | 1-bed | 779 sqft | AED 875KAED 875,000 · Feb 2014February 2014 | 65,000 /yr | |
| 412 | 1-bed | 637 sqft | AED 800KAED 800,000 · Dec 2017December 2017 | 67,000 /yr | |
| 413 | 2-bed | 1,522 sqft | No registered sale | 84,000 /yr | |
| 414 | 2-bed | 1,522 sqft | No registered sale | 83,000 /yr |
408, Dream Towers 1 in numbers
- Sold once: by Desert Dream Investments & Development Properties on 27 October 2010 for AED 488,000, or AED 719 per sqft.
- Rented since April 2013 on 13 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2021 and recovered to AED 135,000 by October 2025.
- At AED 135,000 a year the gross yield on the 2010 price is 27.7%, 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 27 October 2025.
Questions about 408, Dream Towers 1
What did unit 408 last sell for?
AED 488,000 on 27 October 2010, sold by the developer: AED 719 per sqft for 678 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 135,000 a year on the contract renewed on 27 October 2025. The previous contract, from September 2025, was AED 74,586; the unit has been rented since April 2013.
How big is unit 408?
678 sqft (63.0 sqm): a one-bedroom apartment on the 4th floor of a 29-storey tower completed in 2009.
What is unit 408 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 408, Dream Towers 1
Starts from the last sale price (AED 488K, 27 October 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 488,000
- Deposit, UAE resident (20%)
- AED 97,600
- Deposit, non-resident (40%)
- AED 195,200
- Monthly over 25 years at 3.7%
- AED 1,997
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →