2-bed · 1,677 sqftKG Tower, Dubai Marina · 4th floor · completed 2007

403, KG Tower

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 14 August 2024
Last soldAED 1.65M14 August 2024
Current rentAED 70K /yr15 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, KG Tower

What is 403 worth today?

Last sold for AED 1,650,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Aug 2024SoldReady
AED 1,650,000AED 984 per sqft
15 Dec 2020RentedRenewal
AED 70,000/yr12 months · AED 42 per sqft
15 Dec 2019RentedNew contract
AED 70,000/yr12 months · AED 42 per sqft
1 Jan 2017RentedNew contract
AED 107,000/yr12 months · AED 64 per sqft
3 Feb 2016RentedRenewal
AED 132,000/yr12 months · AED 79 per sqft
28 Oct 2015Sold by developerReady
AED 1,490,200AED 888 per sqft
3 Feb 2015RentedNew contract
AED 120,000/yr12 months · AED 71 per sqft
1 Jul 2014RentedNew contract
AED 129,000/yr8 months · AED 77 per sqft

Source: Dubai Land Department. Updated 14 August 2024.

Key facts

Type
2-bed apartment
Size
1,677 sqft
Floor
4th of 18
Parking
51
Developer
KG Interntaional
Completed
2007
Service charge
AED 28,900 /yr
Last sold
AED 1.65M · August 2024
Building
KG Tower

About 403, KG Tower

403 is a two-bedroom apartment of 1,677 sqft on the 4th floor of KG Tower, a 18-storey tower in Dubai Marina completed in 2007 by KG Interntaional. It last sold on 14 August 2024 for AED 1,650,000, or AED 984 per sqft, 10% above the AED 892 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 15 December 2020, is AED 70,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 28,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in KG Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,597,390; 2013 AED 2,140,505; 2014 AED 1,649,706; 2015 AED 1,576,500; 2016 AED 1,500,000; 2017 AED 1,450,000; 2018 AED 1,300,000; 2021 AED 1,100,000; 2023 AED 1,400,000; 2024 AED 1,540,000; 2025 AED 1,700,000Sold by developer, October 2015: AED 1,490,200 (AED 888 per sqft)Sold, August 2024: AED 1,650,000 (AED 984 per sqft)

403 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 403, each contractTypical two-bed in KG Tower
100K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 115,000; 2014 AED 133,500; 2015 AED 136,800; 2016 AED 133,500; 2017 AED 105,000; 2018 AED 105,000; 2019 AED 80,000; 2020 AED 76,000; 2021 AED 79,250; 2022 AED 88,000; 2023 AED 114,857; 2024 AED 119,500; 2025 AED 130,000; 2026 AED 130,000New contract, May 2013: AED 100,036 a yearNew contract, July 2014: AED 129,000 a yearNew contract, February 2015: AED 120,000 a yearRenewal, February 2016: AED 132,000 a yearNew contract, January 2017: AED 107,000 a yearNew contract, December 2019: AED 70,000 a yearRenewal, December 2020: AED 70,000 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 KG Tower, and where 403 sits

All 28 2-beds →

403 last sold in August 2024 at AED 984 per sqft, 10% above what two-beds in KG Tower were fetching at the time (AED 892). 403's AED 70,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Apr 20251,700,000
23 Jan 20251,660,000
16 Jan 20251,700,000
3 Sep 20241,530,000
0 2-bed sales in the last 12 months

KG Tower

Building

68 apartments, 2-bed to 4-bed over 18 floors in Dubai Marina, completed in 2007 by KG Interntaional. 2 sold in the last 12 months.

Typical price per sqft
AED 1,186
Typical sale
AED 3.65M
Typical rent
AED 140K /yr
Typical yield
5.8%
KG Tower, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 68 units in KG Tower
Value
4013-bedAED 2.5M · May 2014
4022-bedAED 1.66M · Jan 2025
4043-bedAED 2.1M · Sep 2024

403, KG Tower in numbers

  • Sold twice: first on 28 October 2015 for AED 1,490,200, last on 14 August 2024 for AED 1,650,000 (AED 984 per sqft).
  • Rented since May 2013 on 7 Ejari contracts, from AED 100,036 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 28,900 a year (AED 17.22 per sqft).

Source: Dubai Land Department. Updated 14 August 2024.

Questions about 403, KG Tower

What did unit 403 last sell for?

AED 1,650,000 on 14 August 2024: AED 984 per sqft for 1,677 sqft. The unit has 2 registered sales; the first was AED 1,490,200 in October 2015.

What is the rent for unit 403?

AED 70,000 a year on the contract renewed on 15 December 2020. The previous contract, from December 2019, was AED 70,000; the unit has been rented since May 2013.

How big is unit 403?

1,677 sqft (155.8 sqm): a two-bedroom apartment on the 4th floor of a 18-storey tower completed in 2007.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 403? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 403, KG Tower

Starts from the last sale price (AED 1.65M, 14 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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