2-bed · 1,256 sqftMarina Quays East, Dubai Marina · 4th floor · completed 2010

407, Marina Quays East

Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 12 November 2023
Last soldAED 1.64M28 April 2010
Current rentAED 115K /yr12 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Marina Quays East

What is 407 worth today?

Last sold for AED 1,638,451 in 2010

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Nov 2023RentedRenewal
AED 115,002/yr2 months · AED 91 per sqft
12 Nov 2022RentedRenewal
AED 115,000/yr12 months · AED 91 per sqft
12 Nov 2021RentedRenewal
AED 110,000/yr12 months · AED 87 per sqft
12 Nov 2020RentedRenewal
AED 105,000/yr12 months · AED 83 per sqft
12 Nov 2019RentedRenewal
AED 120,000/yr12 months · AED 95 per sqft
12 Nov 2018RentedNew contract
AED 130,000/yr12 months · AED 103 per sqft
3 Mar 2017RentedRenewal
AED 136,500/yr12 months · AED 108 per sqft
3 Mar 2016RentedRenewal
AED 136,500/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 12 November 2023.

Key facts

Type
2-bed apartment
Size
1,256 sqft
Floor
4th of 9
Parking
1 nos
Developer
Emaar
Completed
2010
Service charge
AED 23,400 /yr
Last sold
AED 1.64M · April 2010

About 407, Marina Quays East

407 is a two-bedroom apartment of 1,256 sqft on the 4th floor of Marina Quays East, a 9-storey tower in Dubai Marina completed in 2010 by Emaar. The developer sold it on 28 April 2010 for AED 1,638,451, or AED 1,304 per sqft, 10% above the AED 1,190 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 12 November 2023, is AED 115,002 a year: a gross yield of 7.0% on the 2010 price, before the service charge of about AED 23,400 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Marina Quays East
2M2010201420182022Typical 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, April 2010: AED 1,638,451 (AED 1,304 per sqft)

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

Rents
Unit 407, 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, March 2013: AED 130,000 a yearRenewal, March 2014: AED 136,500 a yearRenewal, March 2016: AED 136,500 a yearRenewal, March 2017: AED 136,500 a yearNew contract, November 2018: AED 130,000 a yearRenewal, November 2019: AED 120,000 a yearRenewal, November 2020: AED 105,000 a yearRenewal, November 2021: AED 110,000 a yearRenewal, November 2022: AED 115,000 a yearRenewal, November 2023: AED 115,002 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 407 sits

All 32 2-beds →

407 last sold in April 2010 at AED 1,304 per sqft, 10% above what two-beds in Marina Quays East were fetching at the time (AED 1,190). 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. 407's AED 115,002 is at the bottom 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
4062-bedAED 2.16M · Oct 2021
4081-bedAED 2.1M · Jun 2024
4091-bedAED 900K · Feb 2021
1–7 of 8

407, Marina Quays East in numbers

  • Sold once: by Emaar on 28 April 2010 for AED 1,638,451, or AED 1,304 per sqft.
  • Rented since March 2013 on 10 Ejari contracts, from AED 130,000 to AED 115,002 a year.
  • At AED 115,002 a year the gross yield on the 2010 price is 7.0%, before a service charge of about AED 23,400 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 12 November 2023.

Questions about 407, Marina Quays East

What did unit 407 last sell for?

AED 1,638,451 on 28 April 2010, sold by the developer: AED 1,304 per sqft for 1,256 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 115,002 a year on the contract renewed on 12 November 2023. The previous contract, from November 2022, was AED 115,000; the unit has been rented since March 2013.

How big is unit 407?

1,256 sqft (116.7 sqm): a two-bedroom apartment on the 4th floor of a 9-storey tower completed in 2010.

What is unit 407 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.

Selling 407? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 407, Marina Quays East

Starts from the last sale price (AED 1.64M, 28 April 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,638,451
Deposit, UAE resident (20%)
AED 327,690
Deposit, non-resident (40%)
AED 655,380
Monthly over 25 years at 3.7%
AED 6,703

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