2-bed · 1,215 sqftMarina Pearl, Dubai Marina · 4th floor · completed 2006

404, Marina Pearl

Sold prices and rental history: sold 3 times, last in April 2024, 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 2 April 2024
Last soldAED 1.14M2 April 2024
Current rentAED 110K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Marina Pearl

What is 404 worth today?

Last sold for AED 1,140,000 in 2024

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2 Apr 2024SoldReady
AED 1,140,000AED 938 per sqft
1 Apr 2024RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
1 Apr 2024RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
1 Nov 2019RentedRenewal
AED 72,000/yr12 months · AED 59 per sqft
1 Nov 2018RentedNew contract
AED 72,000/yr12 months · AED 59 per sqft
1 Mar 2016SoldReady
AED 1,060,000AED 872 per sqft
27 Mar 2013RentedNew contract
AED 63,000/yr12 months · AED 52 per sqft
8 Apr 2010Sold by developerReady
AED 1,000,000AED 823 per sqft

Source: Dubai Land Department. Updated 2 April 2024.

Key facts

Type
2-bed apartment
Size
1,215 sqft
Floor
4th of 5
Parking
U-32
Developer
Naresco Group
Completed
2006
Service charge
AED 18,900 /yr
Last sold
AED 1.14M · April 2024
Building
Marina Pearl

About 404, Marina Pearl

404 is a two-bedroom apartment of 1,215 sqft on the 4th floor of Marina Pearl, a 5-storey tower in Dubai Marina completed in 2006 by Naresco Group. It last sold on 2 April 2024 for AED 1,140,000, or AED 938 per sqft, in line with the AED 938 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 April 2024, is AED 110,000 a year: a gross yield of 9.7% on the 2024 price, before the service charge of about AED 18,900 a year.

Sales and rents for 404 over time

Rents
Unit 404, each contractTypical two-bed in Marina Pearl
75K100K2013201720212025Typical rent by year: 2013 AED 69,000; 2014 AED 89,250; 2015 AED 85,000; 2016 AED 85,000; 2017 AED 89,000; 2018 AED 83,000; 2019 AED 90,000; 2021 AED 66,000; 2023 AED 87,000; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 97,525New contract, March 2013: AED 63,000 a yearNew contract, November 2018: AED 72,000 a yearRenewal, November 2019: AED 72,000 a yearNew contract, April 2024: AED 110,000 a yearNew contract, April 2024: AED 110,000 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 Pearl, and where 404 sits

All 10 2-beds →

404 last sold in April 2024 at AED 938 per sqft, in line with what two-beds in Marina Pearl were fetching at the time (AED 938). 404's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
7 Aug 20241,010,000
28 Sep 20231,150,000
15 Aug 2023920,000
15 Nov 20171,000,000
0 2-bed sales in the last 12 months

Marina Pearl

Building

85 apartments, studios to 2-bed over 5 floors in Dubai Marina, completed in 2006 by Naresco Group. 3 sold in the last 12 months.

Typical price per sqft
AED 1,065
Typical sale
AED 960K
Typical rent
AED 70K /yr
Typical yield
10.1%
Marina Pearl, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 85 units in Marina Pearl
Value
4011-bedAED 790K · Dec 2013
402StudioAED 550K · Jun 2013
403StudioAED 730K · Dec 2024
4051-bedAED 855K · Aug 2017
4061-bedAED 600K · Aug 2012
407StudioAED 475K · Mar 2019
4081-bedAED 750K · Feb 2013
1–7 of 15

404, Marina Pearl in numbers

  • Sold 3 times: first on 8 April 2010 for AED 1,000,000, last on 2 April 2024 for AED 1,140,000 (AED 938 per sqft).
  • Rented since March 2013 on 5 Ejari contracts, from AED 63,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 9.7%, before a service charge of about AED 18,900 a year (AED 15.53 per sqft).

Source: Dubai Land Department. Updated 2 April 2024.

Questions about 404, Marina Pearl

What did unit 404 last sell for?

AED 1,140,000 on 2 April 2024: AED 938 per sqft for 1,215 sqft. The unit has 3 registered sales; the first was AED 1,000,000 in April 2010.

What is the rent for unit 404?

AED 110,000 a year on the contract signed on 1 April 2024. The previous contract, from April 2024, was AED 110,000; the unit has been rented since March 2013.

How big is unit 404?

1,215 sqft (112.9 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.

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Mortgage on 404, Marina Pearl

Starts from the last sale price (AED 1.14M, 2 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,140,000
Deposit, UAE resident (20%)
AED 228,000
Deposit, non-resident (40%)
AED 456,000
Monthly over 25 years at 3.7%
AED 4,664

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