2-bed · 1,278 sqftMarina Park, Dubai Marina · 4th floor · completed 2006

404, Marina Park

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 27 October 2023
Last soldAED 1.08M27 October 2023
Current rentAED 84K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Marina Park

What is 404 worth today?

Last sold for AED 1,075,000 in 2023

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27 Oct 2023SoldReady
AED 1,075,000AED 841 per sqft
1 Nov 2022RentedNew contract
AED 84,000/yr12 months · AED 66 per sqft
17 Oct 2021RentedNew contract
AED 60,000/yr12 months · AED 47 per sqft
1 Oct 2019RentedRenewal
AED 76,000/yr12 months · AED 59 per sqft
1 Oct 2018RentedRenewal
AED 84,000/yr12 months · AED 66 per sqft
1 Oct 2017RentedNew contract
AED 96,000/yr12 months · AED 75 per sqft
1 Aug 2014RentedNew contract
AED 110,000/yr12 months · AED 86 per sqft
1 Aug 2013RentedNew contract
AED 95,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 27 October 2023.

Key facts

Type
2-bed apartment
Size
1,278 sqft
Floor
4th of 5
Parking
24B
Developer
Global Realty Partners
Completed
2006
Service charge
AED 17,200 /yr
Last sold
AED 1.08M · October 2023
Building
Marina Park

About 404, Marina Park

404 is a two-bedroom apartment of 1,278 sqft on the 4th floor of Marina Park, a 5-storey tower in Dubai Marina completed in 2006 by Global Realty Partners. It last sold on 27 October 2023 for AED 1,075,000, or AED 841 per sqft, 43% above the AED 590 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 November 2022, is AED 84,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 17,200 a year.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Marina Park
500K1M1.5M20102014201820222026Typical sale price by year: 2010 AED 620,500; 2012 AED 635,000; 2013 AED 1,005,000; 2014 AED 1,450,000; 2018 AED 842,500; 2020 AED 520,000; 2021 AED 765,000; 2023 AED 787,500; 2024 AED 1,125,000; 2025 AED 1,312,500Sold by developer, June 2013: AED 1,000,000 (AED 782 per sqft)Sold, October 2023: AED 1,075,000 (AED 841 per sqft)

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

Rents
Unit 404, each contractTypical two-bed in Marina Park
50K75K100K2012201620202024Typical rent by year: 2012 AED 72,500; 2013 AED 82,000; 2014 AED 99,500; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 87,500; 2018 AED 78,000; 2019 AED 75,000; 2020 AED 60,000; 2021 AED 56,000; 2022 AED 65,000; 2023 AED 75,000; 2024 AED 105,000; 2025 AED 105,000; 2026 AED 105,000New contract, August 2013: AED 95,000 a yearNew contract, August 2014: AED 110,000 a yearNew contract, October 2017: AED 96,000 a yearRenewal, October 2018: AED 84,000 a yearRenewal, October 2019: AED 76,000 a yearNew contract, October 2021: AED 60,000 a yearNew contract, November 2022: AED 84,000 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 Park, and where 404 sits

All 31 2-beds →

404 last sold in October 2023 at AED 841 per sqft, 43% above what two-beds in Marina Park were fetching at the time (AED 590). Over the last 12 months two-beds sold for AED 1,400,000, around AED 1,095 per sqft, and rent for AED 85,000 to 115,000 a year. 404's AED 84,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Mar 20261,400,000
26 Jun 20251,312,500
11 May 20251,400,000
23 Jan 20251,270,000
1 2-bed sale in the last 12 months

Marina Park

Building

73 apartments, 1-bed to 4-bed over 5 floors in Dubai Marina, completed in 2006 by Global Realty Partners. 4 sold in the last 12 months.

Typical price per sqft
AED 1,165
Typical sale
AED 885K
Typical rent
AED 85K /yr
Typical yield
7.3%
Marina Park, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 73 units in Marina Park
Value
4011-bedAED 765K · Nov 2023
4022-bedAED 600K · Mar 2023
4032-bedAED 1.15M · Dec 2014
4052-bedNo registered sale
4062-bedAED 910K · May 2018
4101-bedAED 680K · Oct 2013
4111-bedAED 275K · Aug 2019
1–7 of 12

404, Marina Park in numbers

  • Sold twice: first on 4 June 2013 for AED 1,000,000, last on 27 October 2023 for AED 1,075,000 (AED 841 per sqft).
  • Rented since August 2013 on 7 Ejari contracts. The rent fell from AED 95,000 to AED 60,000 in 2021 and recovered to AED 84,000 by November 2022.
  • At AED 84,000 a year the gross yield on the 2023 price is 7.8%, before a service charge of about AED 17,200 a year (AED 13.42 per sqft).
  • Two-beds in Marina Park sold for AED 1,400,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,165 per sqft.

Source: Dubai Land Department. Updated 27 October 2023.

Questions about 404, Marina Park

What did unit 404 last sell for?

AED 1,075,000 on 27 October 2023: AED 841 per sqft for 1,278 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in June 2013.

What is the rent for unit 404?

AED 84,000 a year on the contract signed on 1 November 2022. The previous contract, from October 2021, was AED 60,000; the unit has been rented since August 2013.

How big is unit 404?

1,278 sqft (118.7 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2006.

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 Park sold for AED 1,400,000 to 1,400,000 in the last 12 months, around AED 1,095 per sqft.

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Mortgage on 404, Marina Park

Starts from the last sale price (AED 1.08M, 27 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,075,000
Deposit, UAE resident (20%)
AED 215,000
Deposit, non-resident (40%)
AED 430,000
Monthly over 25 years at 3.7%
AED 4,398

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