2-bed · 1,564 sqftMarina Quays East, Dubai Marina · 4th floor · completed 2010

406, Marina Quays East

Sold prices and rental history: sold 3 times, last in October 2021, and rented once, from July 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 25 October 2021
Last soldAED 2.16M25 October 2021
Current rentAED 145K /yr4 July 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Marina Quays East

What is 406 worth today?

Last sold for AED 2,160,000 in 2021

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25 Oct 2021SoldReady
AED 2,160,000AED 1,381 per sqft
30 Mar 2017SoldReady
AED 1,225,000AED 783 per sqft
4 Jul 2013RentedNew contract
AED 145,000/yr12 months · AED 93 per sqft
23 Jun 2010Sold by developerReady
AED 697,444AED 445 per sqft

Source: Dubai Land Department. Updated 25 October 2021.

Key facts

Type
2-bed apartment
Size
1,564 sqft
Floor
4th of 9
Parking
1 nos
Developer
Emaar
Completed
2010
Service charge
AED 29,100 /yr
Last sold
AED 2.16M · October 2021

About 406, Marina Quays East

406 is a two-bedroom apartment of 1,564 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 25 October 2021 for AED 2,160,000, or AED 1,381 per sqft, 15% above the AED 1,201 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 July 2013. The current contract, signed on 4 July 2013, is AED 145,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 29,100 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, June 2010: AED 697,444 (AED 445 per sqft)Sold, March 2017: AED 1,225,000 (AED 783 per sqft)Sold, October 2021: AED 2,160,000 (AED 1,381 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Marina Quays East
125K150K2013201720212025Typical 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, July 2013: AED 145,000 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 406 sits

All 32 2-beds →

406 last sold in October 2021 at AED 1,381 per sqft, 15% above what two-beds in Marina Quays East were fetching at the time (AED 1,201). 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. 406's AED 145,000 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
4052-bedAED 2.2M · Aug 2013
4072-bedAED 1.64M · Apr 2010
4081-bedAED 2.1M · Jun 2024
4091-bedAED 900K · Feb 2021
1–7 of 8

406, Marina Quays East in numbers

  • Sold 3 times: first on 23 June 2010 for AED 697,444, last on 25 October 2021 for AED 2,160,000 (AED 1,381 per sqft).
  • Rented since July 2013 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2021 price is 6.7%, 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 25 October 2021.

Questions about 406, Marina Quays East

What did unit 406 last sell for?

AED 2,160,000 on 25 October 2021: AED 1,381 per sqft for 1,564 sqft. The unit has 3 registered sales; the first was AED 697,444 in June 2010.

What is the rent for unit 406?

AED 145,000 a year on the contract signed on 4 July 2013.

How big is unit 406?

1,564 sqft (145.3 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2010.

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 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 406, Marina Quays East

Starts from the last sale price (AED 2.16M, 25 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,160,000
Deposit, UAE resident (20%)
AED 432,000
Deposit, non-resident (40%)
AED 864,000
Monthly over 25 years at 3.7%
AED 8,837

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