1-bed · 1,039 sqftMarina Quays East, Dubai Marina · 4th floor · completed 2010

408, Marina Quays East

Sold prices and rental history: sold 3 times, last in June 2024, and rented once, from June 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 11 June 2024
Last soldAED 2.1M11 June 2024
Current rentAED 105K /yr8 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Marina Quays East

What is 408 worth today?

Last sold for AED 2,100,000 in 2024

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11 Jun 2024SoldReady
AED 2,100,000AED 2,021 per sqft
8 Jun 2022RentedNew contract
AED 105,000/yr12 months · AED 101 per sqft
7 Dec 2010SoldReady
AED 1,165,000AED 1,121 per sqft
13 May 2010Sold by developerReady
AED 1,009,888AED 971 per sqft

Source: Dubai Land Department. Updated 11 June 2024.

Key facts

Type
1-bed apartment
Size
1,039 sqft
Floor
4th of 9
Parking
1 nos
Developer
Emaar
Completed
2010
Service charge
AED 19,300 /yr
Last sold
AED 2.1M · June 2024

About 408, Marina Quays East

408 is a one-bedroom apartment of 1,039 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 11 June 2024 for AED 2,100,000, or AED 2,021 per sqft, 4% above the AED 1,936 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 June 2022. The current contract, signed on 8 June 2022, is AED 105,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 19,300 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Marina Quays East
1M2M2010201420182022Typical sale price by year: 2010 AED 1,073,888; 2011 AED 896,888; 2012 AED 1,100,000; 2013 AED 1,500,000; 2021 AED 1,455,000; 2023 AED 1,700,000; 2024 AED 1,957,500Sold by developer, May 2010: AED 1,009,888 (AED 971 per sqft)Sold, December 2010: AED 1,165,000 (AED 1,121 per sqft)Sold, June 2024: AED 2,100,000 (AED 2,021 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Marina Quays East
80K100K120K2012201620202024Typical rent by year: 2012 AED 92,000; 2013 AED 100,000; 2014 AED 110,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 82,500; 2021 AED 84,500; 2022 AED 95,000; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 120,000New contract, June 2022: AED 105,000 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 Quays East, and where 408 sits

All 26 1-beds →

408 last sold in June 2024 at AED 2,021 per sqft, 4% above what one-beds in Marina Quays East were fetching at the time (AED 1,936). 408's AED 105,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20252,241,000
4 Nov 20241,700,000
12 Jul 20241,940,000
30 Apr 20242,400,000
0 1-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
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
4072-bedAED 1.64M · Apr 2010
4091-bedAED 900K · Feb 2021
1–7 of 8

408, Marina Quays East in numbers

  • Sold 3 times: first on 13 May 2010 for AED 1,009,888, last on 11 June 2024 for AED 2,100,000 (AED 2,021 per sqft).
  • Rented since June 2022 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 19,300 a year (AED 18.62 per sqft).

Source: Dubai Land Department. Updated 11 June 2024.

Questions about 408, Marina Quays East

What did unit 408 last sell for?

AED 2,100,000 on 11 June 2024: AED 2,021 per sqft for 1,039 sqft. The unit has 3 registered sales; the first was AED 1,009,888 in May 2010.

What is the rent for unit 408?

AED 105,000 a year on the contract signed on 8 June 2022.

How big is unit 408?

1,039 sqft (96.5 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2010.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 408, Marina Quays East

Starts from the last sale price (AED 2.1M, 11 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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