2-bed · 1,161 sqftMarina Arcade Tower, Dubai Marina · completed 2017

1402, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in June 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 30 November 2024
Last soldAED 1.51M16 June 2019
Current rentAED 75K /yr30 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Marina Arcade Tower

What is 1402 worth today?

Last sold for AED 1,507,111 in 2019

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30 Nov 2024RentedRenewal
AED 75,000/yr12 months · AED 65 per sqft
30 Nov 2024RentedRenewal
AED 75,000/yr12 months · AED 65 per sqft
30 Nov 2023RentedNew contract
AED 75,000/yr12 months · AED 65 per sqft
16 Jun 2019Sold by developerReady
AED 1,507,111AED 1,298 per sqft
28 Feb 2019RentedNew contract · flagged as an outlier
AED 7,797,919/yr2 months · AED 6,716 per sqft

Source: Dubai Land Department. Updated 30 November 2024.

Key facts

Type
2-bed apartment
Size
1,161 sqft
Parking
LB-102
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 18,300 /yr
Last sold
AED 1.51M · June 2019

About 1402, Marina Arcade Tower

1402 is a two-bedroom apartment of 1,161 sqft of Marina Arcade Tower, a 45-storey tower in Dubai Marina completed in 2017 by Marina Arcade Real Estate. The developer sold it on 16 June 2019 for AED 1,507,111, or AED 1,298 per sqft, in line with the AED 1,298 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 30 November 2024, is AED 75,000 a year: a gross yield of 5.0% on the 2019 price, before the service charge of about AED 18,300 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, each saleTypical two-bed in Marina Arcade Tower
1M2M2016201920222025Typical sale price by year: 2016 AED 1,797,078; 2017 AED 1,899,764; 2018 AED 1,778,120; 2019 AED 1,595,000; 2020 AED 1,115,797; 2021 AED 1,600,000; 2022 AED 1,779,470; 2023 AED 2,135,500; 2024 AED 2,220,000; 2025 AED 2,150,000; 2026 AED 2,080,900Sold by developer, June 2019: AED 1,507,111 (AED 1,298 per sqft)

1402 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1402, each contractTypical two-bed in Marina Arcade Tower
100K2017202020232026Typical rent by year: 2017 AED 135,000; 2018 AED 132,000; 2019 AED 115,000; 2020 AED 95,000; 2021 AED 92,308; 2022 AED 105,000; 2023 AED 125,000; 2024 AED 132,000; 2025 AED 137,250; 2026 AED 130,548New contract, November 2023: AED 75,000 a yearRenewal, November 2024: AED 75,000 a yearRenewal, November 2024: AED 75,000 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 Marina Arcade Tower, and where 1402 sits

All 196 2-beds →

1402 last sold in June 2019 at AED 1,298 per sqft, in line with what two-beds in Marina Arcade Tower were fetching at the time (AED 1,298). Over the last 12 months two-beds sold for AED 1,900,000 to 2,427,065, around AED 1,547 per sqft, and rent for AED 66,000 to 200,000 a year. 1402's AED 75,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Sep 20262,250,000
30 Jul 202613,781
26 Jun 20261,900,000
15 May 20262,427,065
8 2-bed sales in the last 12 months

Marina Arcade Tower

Building

37 apartments, studios to 4-bed over 45 floors in Dubai Marina, completed in 2017 by Marina Arcade Real Estate. 15 sold in the last 12 months.

Typical price per sqft
AED 1,553 Up 4.7%
Typical sale
AED 2.2M
Typical rent
AED 130K /yr
Typical yield
6.2%
Marina Arcade Tower, Dubai Marina: prices, sales and rents →

1402, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 16 June 2019 for AED 1,507,111, or AED 1,298 per sqft.
  • Rented since February 2019 on 4 Ejari contracts, from AED 7,797,919 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2019 price is 5.0%, before a service charge of about AED 18,300 a year (AED 15.77 per sqft).
  • Two-beds in Marina Arcade Tower sold for AED 1,900,000–2,427,065 in the 12 months to November 2026; the building's median across all types is AED 1,553 per sqft.

Source: Dubai Land Department. Updated 30 November 2024.

Questions about 1402, Marina Arcade Tower

What did unit 1402 last sell for?

AED 1,507,111 on 16 June 2019, sold by the developer: AED 1,298 per sqft for 1,161 sqft. It is the only registered sale of the unit.

What is the rent for unit 1402?

AED 75,000 a year on the contract renewed on 30 November 2024. The previous contract, from November 2024, was AED 75,000; the unit has been rented since February 2019.

How big is unit 1402?

1,161 sqft (107.9 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 1402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Arcade Tower sold for AED 1,900,000 to 2,427,065 in the last 12 months, around AED 1,547 per sqft.

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Mortgage on 1402, Marina Arcade Tower

Starts from the last sale price (AED 1.51M, 16 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,507,111
Deposit, UAE resident (20%)
AED 301,422
Deposit, non-resident (40%)
AED 602,844
Monthly over 25 years at 3.7%
AED 6,166

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