2-bed · 1,561 sqftMarina Quays East, Dubai Marina · 4th floor · completed 2010

405, Marina Quays East

Sold prices and rental history: sold 3 times, last in August 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 2.2M29 August 2013
Current rentAED 170K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Marina Quays East

What is 405 worth today?

Last sold for AED 2,200,000 in 2013

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5 Sep 2024RentedRenewal
AED 170,000/yr12 months · AED 109 per sqft
5 Sep 2024RentedRenewal
AED 170,000/yr12 months · AED 109 per sqft
5 Sep 2023RentedRenewal
AED 170,000/yr12 months · AED 109 per sqft
5 Sep 2022RentedNew contract
AED 170,000/yr12 months · AED 109 per sqft
3 Sep 2021RentedRenewal
AED 145,686/yr10 months · AED 93 per sqft
3 Sep 2020RentedRenewal
AED 145,000/yr12 months · AED 93 per sqft
3 Sep 2019RentedNew contract
AED 145,000/yr12 months · AED 93 per sqft
26 Aug 2018RentedNew contract
AED 150,000/yr12 months · AED 96 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
2-bed apartment
Size
1,561 sqft
Floor
4th of 9
Parking
1 nos
Developer
Emaar
Completed
2010
Service charge
AED 29,100 /yr
Last sold
AED 2.2M · August 2013

About 405, Marina Quays East

405 is a two-bedroom apartment of 1,561 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 29 August 2013 for AED 2,200,000, or AED 1,409 per sqft, in line with the AED 1,401 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 5 September 2024, is AED 170,000 a year: a gross yield of 7.7% on the 2013 price, before the service charge of about AED 29,100 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Marina Quays East
1M2M2010201420182022Typical sale price by year: 2010 AED 1,464,888; 2011 AED 1,498,916; 2013 AED 2,150,000; 2014 AED 2,610,888; 2017 AED 2,200,000; 2020 AED 1,600,000; 2021 AED 2,075,000; 2022 AED 1,920,000; 2023 AED 2,450,000; 2024 AED 2,350,000Sold by developer, March 2010: AED 1,196,888 (AED 766 per sqft)Sold, June 2010: AED 1,196,888 (AED 766 per sqft)Sold, August 2013: AED 2,200,000 (AED 1,409 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Marina Quays East
100K150K2013201720212025Typical rent by year: 2013 AED 140,000; 2014 AED 140,000; 2015 AED 165,000; 2016 AED 157,750; 2017 AED 155,000; 2018 AED 150,000; 2019 AED 144,000; 2020 AED 120,000; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 135,000; 2024 AED 154,350; 2025 AED 163,500; 2026 AED 150,000New contract, August 2016: AED 175,000 a yearNew contract, August 2017: AED 165,000 a yearNew contract, August 2018: AED 150,000 a yearNew contract, September 2019: AED 145,000 a yearRenewal, September 2020: AED 145,000 a yearRenewal, September 2021: AED 145,686 a yearNew contract, September 2022: AED 170,000 a yearRenewal, September 2023: AED 170,000 a yearRenewal, September 2024: AED 170,000 a yearRenewal, September 2024: AED 170,000 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 Quays East, and where 405 sits

All 32 2-beds →

405 last sold in August 2013 at AED 1,409 per sqft, in line with what two-beds in Marina Quays East were fetching at the time (AED 1,401). Over the last 12 months two-beds sold for AED 2,850,000, around AED 2,269 per sqft, and rent for AED 125,000 to 275,000 a year. 405's AED 170,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jul 20262,850,000
20 Jun 20242,350,000
7 Apr 20242,760,000
5 Mar 20242,300,000
1 2-bed sale 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
4013-bedAED 4.8M · Jan 2024
4022-bedAED 1.46M · Mar 2010
4041-bedAED 1.43M · Mar 2024
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

405, Marina Quays East in numbers

  • Sold 3 times: first on 21 March 2010 for AED 1,196,888, last on 29 August 2013 for AED 2,200,000 (AED 1,409 per sqft).
  • Rented since August 2016 on 10 Ejari contracts. The rent fell from AED 175,000 to AED 145,000 in 2020 and recovered to AED 170,000 by September 2024.
  • At AED 170,000 a year the gross yield on the 2013 price is 7.7%, before a service charge of about AED 29,100 a year (AED 18.62 per sqft).
  • Two-beds in Marina Quays East sold for AED 2,850,000–2,850,000 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 5 September 2024.

Questions about 405, Marina Quays East

What did unit 405 last sell for?

AED 2,200,000 on 29 August 2013: AED 1,409 per sqft for 1,561 sqft. The unit has 3 registered sales; the first was AED 1,196,888 in March 2010.

What is the rent for unit 405?

AED 170,000 a year on the contract renewed on 5 September 2024. The previous contract, from September 2024, was AED 170,000; the unit has been rented since August 2016.

How big is unit 405?

1,561 sqft (145.0 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2010.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Quays East sold for AED 2,850,000 to 2,850,000 in the last 12 months, around AED 2,269 per sqft.

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Mortgage on 405, Marina Quays East

Starts from the last sale price (AED 2.2M, 29 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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