2-bed · 1,180 sqftMarina Heights Tower, Dubai Marina · 34th floor · completed 2006

3405, Marina Heights Tower

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3405 · DLD and Ejari recordsUpdated 10 November 2023
Last soldAED 1.55M5 October 2023
Current rentAED 89K /yr10 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3405, Marina Heights Tower

What is 3405 worth today?

Last sold for AED 1,550,000 in 2023

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10 Nov 2023RentedRenewal
AED 88,550/yr12 months · AED 75 per sqft
10 Nov 2023RentedNew contract
AED 88,550/yr12 months · AED 75 per sqft
5 Oct 2023SoldReady
AED 1,550,000AED 1,313 per sqft
10 Nov 2022RentedNew contract
AED 77,000/yr12 months · AED 65 per sqft
10 Nov 2021RentedRenewal
AED 70,000/yr12 months · AED 59 per sqft
10 Nov 2020RentedNew contract
AED 62,000/yr12 months · AED 53 per sqft
27 Aug 2019RentedRenewal
AED 95,000/yr12 months · AED 81 per sqft
27 Aug 2018RentedRenewal
AED 105,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 10 November 2023.

Key facts

Type
2-bed apartment
Size
1,180 sqft
Floor
34th of 53
Parking
P4-04
Developer
SRG
Completed
2006
Service charge
AED 21,200 /yr
Last sold
AED 1.55M · October 2023

About 3405, Marina Heights Tower

3405 is a two-bedroom apartment of 1,180 sqft on the 34th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 5 October 2023 for AED 1,550,000, or AED 1,313 per sqft, 9% above the AED 1,206 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 12 Ejari contracts. The current contract, renewed on 10 November 2023, is AED 88,550 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 21,200 a year.

Sales and rents for 3405 over time

Sales
Unit 3405, 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, December 2008: AED 1,167,715 (AED 1,085 per sqft)Sold, October 2023: AED 1,550,000 (AED 1,313 per sqft)

3405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3405, each contractTypical two-bed in Marina Heights Tower
50K100K20112015201920232027Typical 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, December 2011: AED 95,000 a yearNew contract, March 2013: AED 110,000 a yearNew contract, March 2014: AED 125,000 a yearNew contract, May 2016: AED 115,000 a yearNew contract, August 2017: AED 110,000 a yearRenewal, August 2018: AED 105,000 a yearRenewal, August 2019: AED 95,000 a yearNew contract, November 2020: AED 62,000 a yearRenewal, November 2021: AED 70,000 a yearNew contract, November 2022: AED 77,000 a yearRenewal, November 2023: AED 88,550 a yearNew contract, November 2023: AED 88,550 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 3405 sits

All 181 2-beds →

3405 last sold in October 2023 at AED 1,313 per sqft, 9% above what two-beds in Marina Heights Tower were fetching at the time (AED 1,206). 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. 3405's AED 88,550 is in the lower half 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 34th floor

All 375 units in Marina Heights Tower
Value
34013-bedAED 2M · Apr 2013
34023-bedAED 1.85M · Jul 2018
34033-bedAED 1.76M · Feb 2009
34043-bedAED 2.1M · Jan 2016
34062-bedAED 1.03M · Jan 2009
34072-bedAED 1.48M · Nov 2023
34082-bedAED 1.75M · Jun 2013

3405, Marina Heights Tower in numbers

  • Sold twice: first on 1 December 2008 for AED 1,167,715, last on 5 October 2023 for AED 1,550,000 (AED 1,313 per sqft).
  • Rented since December 2011 on 12 Ejari contracts. The rent fell from AED 95,000 to AED 62,000 in 2020 and recovered to AED 88,550 by November 2023.
  • At AED 88,550 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 21,200 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 10 November 2023.

Questions about 3405, Marina Heights Tower

What did unit 3405 last sell for?

AED 1,550,000 on 5 October 2023: AED 1,313 per sqft for 1,180 sqft. The unit has 2 registered sales; the first was AED 1,167,715 in December 2008.

What is the rent for unit 3405?

AED 88,550 a year on the contract renewed on 10 November 2023. The previous contract, from November 2023, was AED 88,550; the unit has been rented since December 2011.

How big is unit 3405?

1,180 sqft (109.6 sqm): a two-bedroom apartment on the 34th floor of a 53-storey tower completed in 2006.

What is unit 3405 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 3405, Marina Heights Tower

Starts from the last sale price (AED 1.55M, 5 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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