3-bed · 2,614 sqftKG Tower, Dubai Marina · 4th floor · completed 2007

404, KG Tower

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

Unit 404 · DLD and Ejari recordsUpdated 2 September 2024
Last soldAED 2.1M2 September 2024
Current rentAED 120K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, KG Tower

What is 404 worth today?

Last sold for AED 2,100,000 in 2024

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2 Sep 2024SoldReady
AED 2,100,000AED 803 per sqft
1 Dec 2022RentedRenewal
AED 120,000/yr12 months · AED 46 per sqft
1 Jun 2022RentedRenewal
AED 105,000/yr6 months · AED 40 per sqft
1 Mar 2022RentedRenewal
AED 100,000/yr3 months · AED 38 per sqft
30 Nov 2021RentedRenewal
AED 93,882/yr3 months · AED 36 per sqft
30 Nov 2020RentedRenewal
AED 95,000/yr12 months · AED 36 per sqft
30 Nov 2019RentedNew contract
AED 95,000/yr12 months · AED 36 per sqft
1 Sep 2018RentedNew contract
AED 125,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 2 September 2024.

Key facts

Type
3-bed apartment
Size
2,614 sqft
Floor
4th of 18
Parking
1 & 2
Developer
KG Interntaional
Completed
2007
Service charge
AED 45,000 /yr
Last sold
AED 2.1M · September 2024
Building
KG Tower

About 404, KG Tower

404 is a three-bedroom apartment of 2,614 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 2 September 2024 for AED 2,100,000, or AED 803 per sqft, in line with the AED 788 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 120,000 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 45,000 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical three-bed in KG Tower
2M3M2009201420192024Typical sale price by year: 2009 AED 2,413,190; 2010 AED 2,254,041; 2011 AED 1,750,000; 2012 AED 1,850,000; 2013 AED 2,485,700; 2014 AED 2,825,000; 2016 AED 1,600,000; 2023 AED 2,255,000; 2024 AED 2,100,000; 2025 AED 3,000,000Sold by developer, September 2014: AED 2,750,000 (AED 1,052 per sqft)Sold, September 2024: AED 2,100,000 (AED 803 per sqft)

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

Rents
Unit 404, each contractTypical three-bed in KG Tower
100K150K2013201720212025Typical rent by year: 2013 AED 155,000; 2014 AED 178,000; 2015 AED 165,000; 2016 AED 160,500; 2017 AED 150,000; 2018 AED 150,000; 2019 AED 115,000; 2020 AED 100,000; 2021 AED 102,000; 2022 AED 120,000; 2023 AED 135,947; 2024 AED 168,000; 2025 AED 178,500; 2026 AED 172,000New contract, November 2014: AED 180,000 a yearNew contract, March 2017: AED 130,000 a yearNew contract, September 2018: AED 125,000 a yearNew contract, November 2019: AED 95,000 a yearRenewal, November 2020: AED 95,000 a yearRenewal, November 2021: AED 93,882 a yearRenewal, March 2022: AED 100,000 a yearRenewal, June 2022: AED 105,000 a yearRenewal, December 2022: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in KG Tower, and where 404 sits

All 36 3-beds →

404 last sold in September 2024 at AED 803 per sqft, in line with what three-beds in KG Tower were fetching at the time (AED 788). Over the last 12 months three-beds sold for AED 2,900,000 to 4,400,000, around AED 1,186 per sqft, and rent for AED 160,000 to 180,000 a year. 404's AED 120,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
29 Apr 20262,900,000
22 Dec 20254,400,000
1 Oct 20253,000,000
7 Aug 20253,100,000
2 3-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
4032-bedAED 1.65M · Aug 2024

404, KG Tower in numbers

  • Sold twice: first on 9 September 2014 for AED 2,750,000, last on 2 September 2024 for AED 2,100,000 (AED 803 per sqft).
  • Rented since November 2014 on 9 Ejari contracts. The rent fell from AED 180,000 to AED 93,882 in 2021 and recovered to AED 120,000 by December 2022.
  • At AED 120,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 45,000 a year (AED 17.22 per sqft).
  • Three-beds in KG Tower sold for AED 2,900,000–4,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,186 per sqft.

Source: Dubai Land Department. Updated 2 September 2024.

Questions about 404, KG Tower

What did unit 404 last sell for?

AED 2,100,000 on 2 September 2024: AED 803 per sqft for 2,614 sqft. The unit has 2 registered sales; the first was AED 2,750,000 in September 2014.

What is the rent for unit 404?

AED 120,000 a year on the contract renewed on 1 December 2022. The previous contract, from June 2022, was AED 105,000; the unit has been rented since November 2014.

How big is unit 404?

2,614 sqft (242.8 sqm): a three-bedroom apartment on the 4th floor of a 18-storey tower completed in 2007.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in KG Tower sold for AED 2,900,000 to 4,400,000 in the last 12 months, around AED 1,186 per sqft.

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Mortgage on 404, KG Tower

Starts from the last sale price (AED 2.1M, 2 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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