3-bed · 2,634 sqftMarina Mansions Tower, Dubai Marina · 4th floor · completed 2007

403, Marina Mansions Tower

Sold prices and rental history: sold 4 times, last in November 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 6 November 2017
Last soldAED 2.1M6 November 2017
Current rentAED 175K /yr4 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Marina Mansions Tower

What is 403 worth today?

Last sold for AED 2,100,000 in 2017

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6 Nov 2017SoldReady
AED 2,100,000AED 797 per sqft
26 Apr 2017SoldReady
AED 2,200,000AED 835 per sqft
24 Jan 2017SoldReady
AED 1,300,000AED 493 per sqft
4 Mar 2016RentedRenewal
AED 175,000/yr12 months · AED 66 per sqft
4 Mar 2015RentedNew contract
AED 175,000/yr12 months · AED 66 per sqft
18 Feb 2013RentedNew contract
AED 168,000/yr12 months · AED 64 per sqft
15 Mar 2009Sold by developerReady
AED 1,084,811AED 411 per sqft

Source: Dubai Land Department. Updated 6 November 2017.

Key facts

Type
3-bed apartment
Size
2,634 sqft
Floor
4th of 29
Parking
BASEMENT(22,23)
Developer
Al Sandos
Completed
2007
Service charge
AED 40,900 /yr
Last sold
AED 2.1M · November 2017

About 403, Marina Mansions Tower

403 is a three-bedroom apartment of 2,634 sqft on the 4th floor of Marina Mansions Tower, a 29-storey tower in Dubai Marina completed in 2007 by Al Sandos. It last sold on 6 November 2017 for AED 2,100,000, or AED 797 per sqft, 11% below the AED 898 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 4 March 2016, is AED 175,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 40,900 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical three-bed in Marina Mansions Tower
2M2008201320182023Typical sale price by year: 2008 AED 2,354,834; 2009 AED 1,210,490; 2010 AED 1,765,377; 2011 AED 1,435,320; 2012 AED 2,175,000; 2013 AED 1,781,662; 2014 AED 3,440,000; 2017 AED 2,350,000; 2021 AED 1,930,000; 2022 AED 1,850,000; 2023 AED 2,163,437; 2024 AED 2,842,403; 2025 AED 2,971,000Sold by developer, March 2009: AED 1,084,811 (AED 411 per sqft)Sold, January 2017: AED 1,300,000 (AED 493 per sqft)Sold, April 2017: AED 2,200,000 (AED 835 per sqft)Sold, November 2017: AED 2,100,000 (AED 797 per sqft)

403 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 403, each contractTypical three-bed in Marina Mansions Tower
150K200K20112015201920232027Typical rent by year: 2011 AED 155,000; 2012 AED 167,400; 2013 AED 170,000; 2014 AED 190,000; 2015 AED 196,350; 2016 AED 185,000; 2017 AED 181,000; 2018 AED 155,000; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 118,000; 2022 AED 138,050; 2023 AED 163,000; 2024 AED 183,000; 2025 AED 200,000; 2026 AED 202,500New contract, February 2013: AED 168,000 a yearNew contract, March 2015: AED 175,000 a yearRenewal, March 2016: AED 175,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marina Mansions Tower, and where 403 sits

All 105 3-beds →

403 last sold in November 2017 at AED 797 per sqft, 11% below what three-beds in Marina Mansions Tower were fetching at the time (AED 898). Over the last 12 months three-beds sold for AED 2,550,000 to 3,500,000, around AED 1,146 per sqft, and rent for AED 165,000 to 240,000 a year. 403's AED 175,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Apr 20263,400,000
25 Mar 20263,000,000
25 Dec 20252,550,000
15 Dec 20253,275,000
5 3-bed sales in the last 12 months

Marina Mansions Tower

Building

120 apartments, 2-bed to 4-bed over 29 floors in Dubai Marina, completed in 2007 by Al Sandos. 7 sold in the last 12 months.

Typical price per sqft
AED 1,190
Typical sale
AED 3.4M
Typical rent
AED 205K /yr
Typical yield
6.4%
Marina Mansions Tower, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 120 units in Marina Mansions Tower
Value
4013-bedAED 2.2M · May 2022
4023-bedAED 1.1M · Mar 2009
4043-bedAED 2.74M · Jul 2024

403, Marina Mansions Tower in numbers

  • Sold 4 times: first on 15 March 2009 for AED 1,084,811, last on 6 November 2017 for AED 2,100,000 (AED 797 per sqft).
  • Rented since February 2013 on 3 Ejari contracts, from AED 168,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 40,900 a year (AED 15.54 per sqft).
  • Three-beds in Marina Mansions Tower sold for AED 2,550,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,190 per sqft.

Source: Dubai Land Department. Updated 6 November 2017.

Questions about 403, Marina Mansions Tower

What did unit 403 last sell for?

AED 2,100,000 on 6 November 2017: AED 797 per sqft for 2,634 sqft. The unit has 4 registered sales; the first was AED 1,084,811 in March 2009.

What is the rent for unit 403?

AED 175,000 a year on the contract renewed on 4 March 2016. The previous contract, from March 2015, was AED 175,000; the unit has been rented since February 2013.

How big is unit 403?

2,634 sqft (244.7 sqm): a three-bedroom apartment on the 4th floor of a 29-storey tower completed in 2007.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Mansions Tower sold for AED 2,550,000 to 3,500,000 in the last 12 months, around AED 1,146 per sqft.

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Mortgage on 403, Marina Mansions Tower

Starts from the last sale price (AED 2.1M, 6 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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