3-bed · 2,042 sqftMarina Quays East, Dubai Marina · 4th floor · completed 2010

401, Marina Quays East

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 3 January 2024
Last soldAED 4.8M3 January 2024
Current rentAED 220K /yr15 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Marina Quays East

What is 401 worth today?

Last sold for AED 4,800,000 in 2024

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3 Jan 2024SoldReady
AED 4,800,000AED 2,350 per sqft
15 Jun 2023RentedRenewal
AED 220,000/yr12 months · AED 108 per sqft
15 Jun 2022RentedRenewal
AED 205,000/yr12 months · AED 100 per sqft
15 Jun 2021RentedRenewal
AED 205,000/yr12 months · AED 100 per sqft
15 Jun 2020RentedRenewal
AED 205,000/yr12 months · AED 100 per sqft
15 Jun 2019RentedNew contract
AED 205,000/yr12 months · AED 100 per sqft
5 Nov 2018RentedNew contract
AED 205,000/yr12 months · AED 100 per sqft
10 Nov 2016RentedNew contract
AED 250,000/yr12 months · AED 122 per sqft

Source: Dubai Land Department. Updated 3 January 2024.

Key facts

Type
3-bed apartment
Size
2,042 sqft
Floor
4th of 9
Parking
2 nos
Developer
Emaar
Completed
2010
Service charge
AED 38,000 /yr
Last sold
AED 4.8M · January 2024

About 401, Marina Quays East

401 is a three-bedroom apartment of 2,042 sqft on the 4th floor of Marina Quays East, a 9-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 3 January 2024 for AED 4,800,000, or AED 2,350 per sqft, 23% below the AED 3,060 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 15 June 2023, is AED 220,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 38,000 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical three-bed in Marina Quays East
2M4M6M20102014201820222026Typical sale price by year: 2010 AED 2,781,888; 2012 AED 3,500,000; 2013 AED 3,700,000; 2022 AED 4,000,000; 2025 AED 6,975,000Sold by developer, March 2010: AED 2,721,888 (AED 1,332 per sqft)Sold, April 2010: AED 2,721,888 (AED 1,332 per sqft)Sold, January 2024: AED 4,800,000 (AED 2,350 per sqft)

401 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 401, each contractTypical three-bed in Marina Quays East
200K250K2013201720212025Typical rent by year: 2013 AED 245,000; 2014 AED 260,000; 2015 AED 281,250; 2016 AED 274,184; 2017 AED 275,000; 2018 AED 267,500; 2019 AED 250,000; 2020 AED 250,000; 2021 AED 222,500; 2022 AED 213,750; 2023 AED 230,000; 2024 AED 250,000; 2025 AED 283,500New contract, June 2014: AED 220,000 a yearNew contract, November 2016: AED 250,000 a yearNew contract, November 2018: AED 205,000 a yearNew contract, June 2019: AED 205,000 a yearRenewal, June 2020: AED 205,000 a yearRenewal, June 2021: AED 205,000 a yearRenewal, June 2022: AED 205,000 a yearRenewal, June 2023: AED 220,000 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 Quays East, and where 401 sits

All 19 3-beds →

401 last sold in January 2024 at AED 2,350 per sqft, 23% below what three-beds in Marina Quays East were fetching at the time (AED 3,060). Over the last 12 months three-beds sold for AED 5,500,000 to 7,650,000, around AED 3,111 per sqft, and rent for AED 260,000 to 342,000 a year. 401's AED 220,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 May 20266,400,000
26 Feb 20265,500,000
9 Dec 20257,650,000
11 Nov 20256,300,000
4 3-bed sales in the last 12 months

Marina Quays East

Building

77 apartments, 1-bed to 3-bed over 9 floors in Dubai Marina, completed in 2010 by Emaar. 5 sold in the last 12 months.

Typical price per sqft
AED 3,088
Typical sale
AED 6.3M
Typical rent
AED 139K /yr
Typical yield
3.6%
Marina Quays East, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 77 units in Marina Quays East
Value
4022-bedAED 1.46M · Mar 2010
4041-bedAED 1.43M · Mar 2024
4052-bedAED 2.2M · Aug 2013
4062-bedAED 2.16M · Oct 2021
4072-bedAED 1.64M · Apr 2010
4081-bedAED 2.1M · Jun 2024
4091-bedAED 900K · Feb 2021
1–7 of 8

401, Marina Quays East in numbers

  • Sold 3 times: first on 2 March 2010 for AED 2,721,888, last on 3 January 2024 for AED 4,800,000 (AED 2,350 per sqft).
  • Rented since June 2014 on 8 Ejari contracts, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 38,000 a year (AED 18.62 per sqft).
  • Three-beds in Marina Quays East sold for AED 5,500,000–7,650,000 in the 12 months to November 2026; the building's median across all types is AED 3,088 per sqft.

Source: Dubai Land Department. Updated 3 January 2024.

Questions about 401, Marina Quays East

What did unit 401 last sell for?

AED 4,800,000 on 3 January 2024: AED 2,350 per sqft for 2,042 sqft. The unit has 3 registered sales; the first was AED 2,721,888 in March 2010.

What is the rent for unit 401?

AED 220,000 a year on the contract renewed on 15 June 2023. The previous contract, from June 2022, was AED 205,000; the unit has been rented since June 2014.

How big is unit 401?

2,042 sqft (189.7 sqm): a three-bedroom apartment on the 4th floor of a 9-storey tower completed in 2010.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Quays East sold for AED 5,500,000 to 7,650,000 in the last 12 months, around AED 3,111 per sqft.

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Mortgage on 401, Marina Quays East

Starts from the last sale price (AED 4.8M, 3 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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