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2-bed · 1,641 sqftMarina Arcade Tower, Dubai Marina · completed 2017

404, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in February 2023, and rented once, from July 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 15 February 2023
Last soldAED 2.16M15 February 2023
Current rentAED 78K /yr25 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404, Marina Arcade Tower

What is 404 worth today?

Last sold for AED 2,159,000 in 2023

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15 Feb 2023Sold by developerReady
AED 2,159,000AED 1,315 per sqft
25 Jul 2020RentedNew contract
AED 78,462/yr13 months · AED 48 per sqft

Source: Dubai Land Department. Updated 15 February 2023.

Key facts

Type
2-bed apartment
Size
1,641 sqft
Parking
UB-111
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 25,900 /yr
Last sold
AED 2.16M · February 2023
Building
Marina Arcade Tower

About 404, Marina Arcade Tower

404 is a two-bedroom apartment of 1,641 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 15 February 2023 for AED 2,159,000, or AED 1,315 per sqft, 6% below the AED 1,400 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 July 2020. The current contract, signed on 25 July 2020, is AED 78,462 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 25,900 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, February 2023: AED 2,159,000 (AED 1,315 per sqft)

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

Rents
Unit 404, 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, July 2020: AED 78,462 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 404 sits

All 196 2-beds →

404 last sold in February 2023 at AED 1,315 per sqft, 6% below what two-beds in Marina Arcade Tower were fetching at the time (AED 1,400). 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. 404's AED 78,462 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 →

404, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 15 February 2023 for AED 2,159,000, or AED 1,315 per sqft.
  • Rented since July 2020 on one Ejari contract, at AED 78,462 a year.
  • At AED 78,462 a year the gross yield on the 2023 price is 3.6%, before a service charge of about AED 25,900 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 15 February 2023.

Questions about 404, Marina Arcade Tower

What did unit 404 last sell for?

AED 2,159,000 on 15 February 2023, sold by the developer: AED 1,315 per sqft for 1,641 sqft. It is the only registered sale of the unit.

What is the rent for unit 404?

AED 78,462 a year on the contract signed on 25 July 2020.

How big is unit 404?

1,641 sqft (152.5 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 404 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 404, Marina Arcade Tower

Starts from the last sale price (AED 2.16M, 15 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,159,000
Deposit, UAE resident (20%)
AED 431,800
Deposit, non-resident (40%)
AED 863,600
Monthly over 25 years at 3.7%
AED 8,833

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