2-bed · 1,265 sqftMarina Park, Dubai Marina · 4th floor · completed 2006

406, Marina Park

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

Unit 406 · DLD and Ejari recordsUpdated 2 May 2020
Last soldAED 910K2 May 2018
Current rentAED 70K /yr2 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Marina Park

What is 406 worth today?

Last sold for AED 910,000 in 2018

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2 May 2020RentedNew contract
AED 70,000/yr24 months · AED 55 per sqft
2 May 2018SoldReady
AED 910,000AED 719 per sqft
5 Feb 2018RentedNew contract
AED 70,000/yr24 months · AED 55 per sqft
1 May 2013Sold by developerReady
AED 1,010,000AED 798 per sqft

Source: Dubai Land Department. Updated 2 May 2020.

Key facts

Type
2-bed apartment
Size
1,265 sqft
Floor
4th of 5
Parking
26B
Developer
Global Realty Partners
Completed
2006
Service charge
AED 17,000 /yr
Last sold
AED 910K · May 2018
Building
Marina Park

About 406, Marina Park

406 is a two-bedroom apartment of 1,265 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 2 May 2018 for AED 910,000, or AED 719 per sqft.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 2 May 2020, is AED 70,000 a year: a gross yield of 7.7% on the 2018 price, before the service charge of about AED 17,000 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, May 2013: AED 1,010,000 (AED 798 per sqft)Sold, May 2018: AED 910,000 (AED 719 per sqft)

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

Rents
Unit 406, 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, February 2018: AED 70,000 a yearNew contract, May 2020: AED 70,000 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 406 sits

All 31 2-beds →

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. 406's AED 70,000 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
4042-bedAED 1.08M · Oct 2023
4052-bedNo registered sale
4101-bedAED 680K · Oct 2013
4111-bedAED 275K · Aug 2019
1–7 of 12

406, Marina Park in numbers

  • Sold twice: first on 1 May 2013 for AED 1,010,000, last on 2 May 2018 for AED 910,000 (AED 719 per sqft).
  • Rented since February 2018 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2018 price is 7.7%, before a service charge of about AED 17,000 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 2 May 2020.

Questions about 406, Marina Park

What did unit 406 last sell for?

AED 910,000 on 2 May 2018: AED 719 per sqft for 1,265 sqft. The unit has 2 registered sales; the first was AED 1,010,000 in May 2013.

What is the rent for unit 406?

AED 70,000 a year on the contract signed on 2 May 2020. The previous contract, from February 2018, was AED 70,000.

How big is unit 406?

1,265 sqft (117.5 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2006.

What is unit 406 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 406, Marina Park

Starts from the last sale price (AED 910K, 2 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 910,000
Deposit, UAE resident (20%)
AED 182,000
Deposit, non-resident (40%)
AED 364,000
Monthly over 25 years at 3.7%
AED 3,723

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