2-bed · 2,812 sqftMarina Arcade Tower, Dubai Marina · completed 2017

405, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 27 December 2023
Last soldAED 3.04M15 November 2017
Current rentAED 110K /yr27 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Marina Arcade Tower

What is 405 worth today?

Last sold for AED 3,043,702 in 2017

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27 Dec 2023RentedRenewal
AED 110,000/yr12 months · AED 39 per sqft
27 Dec 2023RentedRenewal
AED 110,000/yr12 months · AED 39 per sqft
27 Dec 2022RentedRenewal
AED 110,000/yr12 months · AED 39 per sqft
27 Dec 2022RentedRenewal
AED 110,000/yr12 months · AED 39 per sqft
27 Dec 2021RentedRenewal
AED 110,000/yr12 months · AED 39 per sqft
27 Dec 2021RentedRenewal
AED 110,000/yr12 months · AED 39 per sqft
27 Nov 2020RentedNew contract
AED 110,000/yr13 months · AED 39 per sqft
17 Sep 2019RentedNew contract
AED 125,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 27 December 2023.

Key facts

Type
2-bed apartment
Size
2,812 sqft
Parking
UB-110
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 44,300 /yr
Last sold
AED 3.04M · November 2017

About 405, Marina Arcade Tower

405 is a two-bedroom apartment of 2,812 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 November 2017 for AED 3,043,702, or AED 1,082 per sqft, 18% below the AED 1,319 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 27 December 2023, is AED 110,000 a year: a gross yield of 3.6% on the 2017 price, before the service charge of about AED 44,300 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Marina Arcade Tower
1M2M3M2016201920222025Typical 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, November 2017: AED 3,043,702 (AED 1,082 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Marina Arcade Tower
100K125K2017202020232026Typical 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, December 2017: AED 135,000 a yearRenewal, December 2018: AED 135,000 a yearNew contract, September 2019: AED 125,000 a yearNew contract, November 2020: AED 110,000 a yearRenewal, December 2021: AED 110,000 a yearRenewal, December 2021: AED 110,000 a yearRenewal, December 2022: AED 110,000 a yearRenewal, December 2022: AED 110,000 a yearRenewal, December 2023: AED 110,000 a yearRenewal, December 2023: AED 110,000 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 405 sits

All 196 2-beds →

405 last sold in November 2017 at AED 1,082 per sqft, 18% below what two-beds in Marina Arcade Tower were fetching at the time (AED 1,319). 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. 405's AED 110,000 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 →

405, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 15 November 2017 for AED 3,043,702, or AED 1,082 per sqft.
  • Rented since December 2017 on 10 Ejari contracts, from AED 135,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2017 price is 3.6%, before a service charge of about AED 44,300 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 27 December 2023.

Questions about 405, Marina Arcade Tower

What did unit 405 last sell for?

AED 3,043,702 on 15 November 2017, sold by the developer: AED 1,082 per sqft for 2,812 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 110,000 a year on the contract renewed on 27 December 2023. The previous contract, from December 2023, was AED 110,000; the unit has been rented since December 2017.

How big is unit 405?

2,812 sqft (261.2 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 405 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 405, Marina Arcade Tower

Starts from the last sale price (AED 3.04M, 15 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,043,702
Deposit, UAE resident (20%)
AED 608,740
Deposit, non-resident (40%)
AED 1,217,481
Monthly over 25 years at 3.7%
AED 12,453

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