2-bed · 1,293 sqftMarina Heights Tower, Dubai Marina · 14th floor · completed 2006

1401, Marina Heights Tower

Sold prices and rental history: sold twice, last in December 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 19 December 2024
Last soldAED 2.13M19 December 2024
Current rentAED 80K /yr15 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Marina Heights Tower

What is 1401 worth today?

Last sold for AED 2,125,000 in 2024

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19 Dec 2024SoldReady
AED 2,125,000AED 1,643 per sqft
15 Sep 2021RentedRenewal
AED 80,000/yr12 months · AED 62 per sqft
15 Sep 2020RentedNew contract
AED 72,000/yr12 months · AED 56 per sqft
28 Apr 2018RentedNew contract
AED 120,000/yr12 months · AED 93 per sqft
23 Aug 2010Sold by developerReady
AED 808,500AED 676 per sqft

Source: Dubai Land Department. Updated 19 December 2024.

Key facts

Type
2-bed apartment
Size
1,293 sqft
Floor
14th of 53
Parking
B3-12
Developer
SRG
Completed
2006
Service charge
AED 23,200 /yr
Last sold
AED 2.13M · December 2024

About 1401, Marina Heights Tower

1401 is a two-bedroom apartment of 1,293 sqft on the 14th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 19 December 2024 for AED 2,125,000, or AED 1,643 per sqft, 12% above the AED 1,473 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 15 September 2021, is AED 80,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 23,200 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, each saleTypical two-bed in Marina Heights Tower
1M2M20072012201720222027Typical sale price by year: 2007 AED 1,422,755; 2008 AED 1,134,714; 2009 AED 998,136; 2010 AED 1,008,824; 2011 AED 983,588; 2012 AED 1,100,000; 2013 AED 1,430,000; 2014 AED 1,500,000; 2015 AED 1,800,000; 2016 AED 1,610,000; 2017 AED 1,560,000; 2018 AED 1,120,000; 2019 AED 1,243,320; 2020 AED 1,035,000; 2021 AED 1,205,000; 2022 AED 1,420,944; 2023 AED 1,711,134; 2024 AED 2,000,000; 2025 AED 2,000,000; 2026 AED 2,290,000Sold by developer, August 2010: AED 808,500 (AED 676 per sqft)Sold, December 2024: AED 2,125,000 (AED 1,643 per sqft)

1401 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1401, each contractTypical two-bed in Marina Heights Tower
100K20112015201920232027Typical rent by year: 2011 AED 95,000; 2012 AED 95,000; 2013 AED 110,000; 2014 AED 125,000; 2015 AED 130,000; 2016 AED 126,788; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 75,000; 2021 AED 80,000; 2022 AED 91,000; 2023 AED 106,480; 2024 AED 121,000; 2025 AED 126,000; 2026 AED 122,000New contract, April 2018: AED 120,000 a yearNew contract, September 2020: AED 72,000 a yearRenewal, September 2021: AED 80,000 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 Heights Tower, and where 1401 sits

All 181 2-beds →

1401 last sold in December 2024 at AED 1,643 per sqft, 12% above what two-beds in Marina Heights Tower were fetching at the time (AED 1,473). Over the last 12 months two-beds sold for AED 1,700,000 to 2,550,000, around AED 1,519 per sqft, and rent for AED 85,000 to 350,000 a year. 1401's AED 80,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Oct 20262,490,000
16 Sep 20262,550,000
6 Aug 20262,000,000
27 Jul 202642,131
11 2-bed sales in the last 12 months

Marina Heights Tower

Building

375 apartments, 1-bed to 5-bed over 53 floors in Dubai Marina, completed in 2006 by SRG. 16 sold in the last 12 months.

Typical price per sqft
AED 1,448 Down 0.2%
Typical sale
AED 1.98M
Typical rent
AED 120K /yr
Typical yield
6.5%
Marina Heights Tower, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 375 units in Marina Heights Tower
Value
14032-bedAED 1.15M · May 2011
14042-bedAED 1.7M · Oct 2022
14052-bedAED 952K · May 2013
14061-bedAED 1M · Mar 2013
14071-bedAED 1.35M · Dec 2024
14081-bedAED 424K · Jan 2011
14091-bedAED 1.05M · Nov 2023
1–7 of 9

1401, Marina Heights Tower in numbers

  • Sold twice: first on 23 August 2010 for AED 808,500, last on 19 December 2024 for AED 2,125,000 (AED 1,643 per sqft).
  • Rented since April 2018 on 3 Ejari contracts. The rent fell from AED 120,000 to AED 72,000 in 2020 and recovered to AED 80,000 by September 2021.
  • At AED 80,000 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 23,200 a year (AED 17.95 per sqft).
  • Two-beds in Marina Heights Tower sold for AED 1,700,000–2,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,448 per sqft.

Source: Dubai Land Department. Updated 19 December 2024.

Questions about 1401, Marina Heights Tower

What did unit 1401 last sell for?

AED 2,125,000 on 19 December 2024: AED 1,643 per sqft for 1,293 sqft. The unit has 2 registered sales; the first was AED 808,500 in August 2010.

What is the rent for unit 1401?

AED 80,000 a year on the contract renewed on 15 September 2021. The previous contract, from September 2020, was AED 72,000; the unit has been rented since April 2018.

How big is unit 1401?

1,293 sqft (120.1 sqm): a two-bedroom apartment on the 14th floor of a 53-storey tower completed in 2006.

What is unit 1401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Heights Tower sold for AED 1,700,000 to 2,550,000 in the last 12 months, around AED 1,519 per sqft.

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Mortgage on 1401, Marina Heights Tower

Starts from the last sale price (AED 2.13M, 19 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,125,000
Deposit, UAE resident (20%)
AED 425,000
Deposit, non-resident (40%)
AED 850,000
Monthly over 25 years at 3.7%
AED 8,694

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