1-bed · 983 sqftMarina Quays North, Dubai Marina · 4th floor · completed 2010

408, Marina Quays North

Sold prices and rental history: sold 4 times, last in August 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 15 August 2022
Last soldAED 1.55M15 August 2022
Current rentAED 82K /yr30 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Marina Quays North

What is 408 worth today?

Last sold for AED 1,550,000 in 2022

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15 Aug 2022SoldReady
AED 1,550,000AED 1,576 per sqft
30 Apr 2022RentedRenewal
AED 82,002/yr2 months · AED 83 per sqft
19 May 2021SoldReady
AED 1,325,000AED 1,347 per sqft
30 Apr 2021RentedNew contract
AED 82,000/yr12 months · AED 83 per sqft
21 Dec 2011SoldReady
AED 1,000,000AED 1,017 per sqft
1 Jul 2010Sold by developerReady
AED 1,071,888AED 1,090 per sqft

Source: Dubai Land Department. Updated 15 August 2022.

Key facts

Type
1-bed apartment
Size
983 sqft
Floor
4th of 9
Parking
8.5678002440874763E-3
Developer
Emaar
Completed
2010
Service charge
AED 18,300 /yr
Last sold
AED 1.55M · August 2022

About 408, Marina Quays North

408 is a one-bedroom apartment of 983 sqft on the 4th floor of Marina Quays North, a 9-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 15 August 2022 for AED 1,550,000, or AED 1,576 per sqft, 6% above the AED 1,488 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 30 April 2022, is AED 82,002 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 18,300 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Marina Quays North
1M1.5M2M20102014201820222026Typical sale price by year: 2010 AED 986,888; 2012 AED 1,020,000; 2013 AED 1,275,000; 2015 AED 1,650,000; 2017 AED 1,702,500; 2022 AED 1,400,000; 2024 AED 1,700,000; 2025 AED 1,900,000Sold by developer, July 2010: AED 1,071,888 (AED 1,090 per sqft)Sold, December 2011: AED 1,000,000 (AED 1,017 per sqft)Sold, May 2021: AED 1,325,000 (AED 1,347 per sqft)Sold, August 2022: AED 1,550,000 (AED 1,576 per sqft)

408 has sold 4 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 North
80K100K120K2012201620202024Typical rent by year: 2012 AED 87,000; 2013 AED 97,500; 2014 AED 115,000; 2015 AED 117,500; 2016 AED 122,500; 2017 AED 115,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 84,000; 2021 AED 82,500; 2022 AED 86,475; 2023 AED 106,000; 2024 AED 110,000; 2025 AED 110,000; 2026 AED 110,000New contract, April 2021: AED 82,000 a yearRenewal, April 2022: AED 82,002 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 North, and where 408 sits

All 27 1-beds →

408 last sold in August 2022 at AED 1,576 per sqft, 6% above what one-beds in Marina Quays North were fetching at the time (AED 1,488). Over the last 12 months one-beds sold for AED 1,850,000, around AED 1,882 per sqft, and rent for AED 90,000 to 135,000 a year. 408's AED 82,002 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jul 20261,850,000
18 Sep 20251,850,000
2 Jun 20252,200,000
13 Mar 20251,900,000
1 1-bed sale in the last 12 months

Marina Quays North

Building

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

Typical price per sqft
AED 2,247
Typical sale
AED 2.63M
Typical rent
AED 130K /yr
Typical yield
5.2%
Marina Quays North, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 82 units in Marina Quays North
Value
4013-bedAED 2.55M · Feb 2020
4022-bedAED 2.8M · Jul 2014
4031-bedAED 1.7M · Nov 2024
4041-bedAED 807K · Jul 2010
4052-bedAED 2M · Aug 2022
4062-bedAED 2.13M · Jun 2022
4072-bedAED 1.53M · Jun 2010
1–7 of 9

408, Marina Quays North in numbers

  • Sold 4 times: first on 1 July 2010 for AED 1,071,888, last on 15 August 2022 for AED 1,550,000 (AED 1,576 per sqft).
  • Rented since April 2021 on 2 Ejari contracts, from AED 82,000 to AED 82,002 a year.
  • At AED 82,002 a year the gross yield on the 2022 price is 5.3%, before a service charge of about AED 18,300 a year (AED 18.62 per sqft).
  • One-beds in Marina Quays North sold for AED 1,850,000–1,850,000 in the 12 months to November 2026; the building's median across all types is AED 2,247 per sqft.

Source: Dubai Land Department. Updated 15 August 2022.

Questions about 408, Marina Quays North

What did unit 408 last sell for?

AED 1,550,000 on 15 August 2022: AED 1,576 per sqft for 983 sqft. The unit has 4 registered sales; the first was AED 1,071,888 in July 2010.

What is the rent for unit 408?

AED 82,002 a year on the contract renewed on 30 April 2022. The previous contract, from April 2021, was AED 82,000.

How big is unit 408?

983 sqft (91.3 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. One-beds in Marina Quays North sold for AED 1,850,000 to 1,850,000 in the last 12 months, around AED 1,882 per sqft.

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Mortgage on 408, Marina Quays North

Starts from the last sale price (AED 1.55M, 15 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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