1-bed · 971 sqftMarina Pearl, Dubai Marina · 4th floor · completed 2006

408, Marina Pearl

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 2 June 2024
Last soldAED 750K24 February 2013
Current rentAED 63K /yr2 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Marina Pearl

What is 408 worth today?

Last sold for AED 750,000 in 2013

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2 Jun 2024RentedRenewal
AED 63,250/yr12 months · AED 65 per sqft
2 Jun 2024RentedRenewal
AED 63,250/yr12 months · AED 65 per sqft
2 Jun 2023RentedRenewal
AED 57,500/yr12 months · AED 59 per sqft
2 Jun 2022RentedRenewal
AED 50,000/yr12 months · AED 52 per sqft
25 May 2021RentedNew contract
AED 45,000/yr12 months · AED 46 per sqft
30 Dec 2018RentedNew contract
AED 80,000/yr12 months · AED 83 per sqft
1 Jan 2017RentedNew contract
AED 85,000/yr12 months · AED 88 per sqft
20 Jul 2013RentedNew contract
AED 80,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 2 June 2024.

Key facts

Type
1-bed apartment
Size
971 sqft
Floor
4th of 5
Parking
U-18
Developer
Naresco Group
Completed
2006
Service charge
AED 15,100 /yr
Last sold
AED 750K · February 2013
Building
Marina Pearl

About 408, Marina Pearl

408 is a one-bedroom apartment of 971 sqft on the 4th floor of Marina Pearl, a 5-storey tower in Dubai Marina completed in 2006 by Naresco Group. The developer sold it on 24 February 2013 for AED 750,000, or AED 772 per sqft, in line with the AED 772 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 2 June 2024, is AED 63,250 a year: a gross yield of 8.4% on the 2013 price, before the service charge of about AED 15,100 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Marina Pearl
800K1M2009201420192024Typical sale price by year: 2009 AED 760,525; 2010 AED 720,000; 2012 AED 722,000; 2013 AED 750,000; 2014 AED 1,050,000; 2016 AED 860,000; 2017 AED 855,000; 2022 AED 680,000; 2023 AED 732,500; 2024 AED 1,050,000; 2025 AED 965,000Sold by developer, February 2013: AED 750,000 (AED 772 per sqft)

408 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, each contractTypical one-bed in Marina Pearl
40K60K80K2012201620202024Typical rent by year: 2012 AED 45,000; 2013 AED 52,500; 2014 AED 70,000; 2015 AED 76,500; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 65,500; 2019 AED 56,000; 2020 AED 45,000; 2021 AED 43,000; 2022 AED 52,400; 2023 AED 60,000; 2024 AED 66,000; 2025 AED 75,000; 2026 AED 75,000New contract, July 2013: AED 80,000 a yearNew contract, January 2017: AED 85,000 a yearNew contract, December 2018: AED 80,000 a yearNew contract, May 2021: AED 45,000 a yearRenewal, June 2022: AED 50,000 a yearRenewal, June 2023: AED 57,500 a yearRenewal, June 2024: AED 63,250 a yearRenewal, June 2024: AED 63,250 a year

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

1-beds in Marina Pearl, and where 408 sits

All 42 1-beds →

408 last sold in February 2013 at AED 772 per sqft, in line with what one-beds in Marina Pearl were fetching at the time (AED 772). Over the last 12 months one-beds sold for AED 960,000 to 1,000,000, around AED 1,047 per sqft, and rent for AED 63,000 to 125,000 a year. 408's AED 63,250 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Jul 2026960,000
21 Jan 20261,000,000
15 May 2025965,000
23 Apr 20251,209,732
2 1-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
4042-bedAED 1.14M · Apr 2024
4051-bedAED 855K · Aug 2017
4061-bedAED 600K · Aug 2012
407StudioAED 475K · Mar 2019
1–7 of 15

408, Marina Pearl in numbers

  • Sold once: by Naresco Group on 24 February 2013 for AED 750,000, or AED 772 per sqft.
  • Rented since July 2013 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2021 and recovered to AED 63,250 by June 2024.
  • At AED 63,250 a year the gross yield on the 2013 price is 8.4%, before a service charge of about AED 15,100 a year (AED 15.53 per sqft).
  • One-beds in Marina Pearl sold for AED 960,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,065 per sqft.

Source: Dubai Land Department. Updated 2 June 2024.

Questions about 408, Marina Pearl

What did unit 408 last sell for?

AED 750,000 on 24 February 2013, sold by the developer: AED 772 per sqft for 971 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 63,250 a year on the contract renewed on 2 June 2024. The previous contract, from June 2024, was AED 63,250; the unit has been rented since July 2013.

How big is unit 408?

971 sqft (90.2 sqm): a one-bedroom apartment on the 4th floor of a 5-storey tower completed in 2006.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Pearl sold for AED 960,000 to 1,000,000 in the last 12 months, around AED 1,047 per sqft.

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Mortgage on 408, Marina Pearl

Starts from the last sale price (AED 750K, 24 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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