2-bed · 1,367 sqftMarina Quays West, Dubai Marina · 24th floor · completed 2010

2404, Marina Quays West

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

Unit 2404 · DLD and Ejari recordsUpdated 3 April 2016
Last soldAED 2.5M3 April 2016
Current rentAED 180K /yr1 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Marina Quays West

What is 2404 worth today?

Last sold for AED 2,500,000 in 2016

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3 Apr 2016SoldReady
AED 2,500,000AED 1,828 per sqft
1 Sep 2014RentedNew contract
AED 180,000/yr12 months · AED 132 per sqft
1 Sep 2013RentedNew contract
AED 180,000/yr12 months · AED 132 per sqft
9 Feb 2011SoldReady
AED 850,000AED 621 per sqft
5 May 2010Sold by developerReady
AED 711,944AED 520 per sqft

Source: Dubai Land Department. Updated 3 April 2016.

Key facts

Type
2-bed apartment
Size
1,367 sqft
Floor
24th of 38
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 25,500 /yr
Last sold
AED 2.5M · April 2016

About 2404, Marina Quays West

2404 is a two-bedroom apartment of 1,367 sqft on the 24th floor of Marina Quays West, a 38-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 3 April 2016 for AED 2,500,000, or AED 1,828 per sqft, in line with the AED 1,853 two-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 September 2014, is AED 180,000 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 25,500 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, each saleTypical two-bed in Marina Quays West
2M4M2009201420192024Typical sale price by year: 2009 AED 1,009,388; 2010 AED 1,353,888; 2011 AED 1,252,888; 2012 AED 1,365,388; 2013 AED 1,875,000; 2014 AED 2,400,000; 2015 AED 2,650,000; 2016 AED 2,525,000; 2017 AED 2,500,000; 2018 AED 2,000,000; 2020 AED 1,550,000; 2021 AED 1,900,000; 2022 AED 2,100,000; 2023 AED 2,625,000; 2024 AED 2,925,000; 2025 AED 3,500,000Sold by developer, May 2010: AED 711,944 (AED 520 per sqft)Sold, February 2011: AED 850,000 (AED 621 per sqft)Sold, April 2016: AED 2,500,000 (AED 1,828 per sqft)

2404 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, each contractTypical two-bed in Marina Quays West
100K150K2012201620202024Typical rent by year: 2012 AED 117,500; 2013 AED 135,000; 2014 AED 151,000; 2015 AED 165,000; 2016 AED 156,000; 2017 AED 155,000; 2018 AED 148,000; 2019 AED 125,174; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 120,000; 2023 AED 138,750; 2024 AED 150,000; 2025 AED 162,750; 2026 AED 157,500New contract, September 2013: AED 180,000 a yearNew contract, September 2014: AED 180,000 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 West, and where 2404 sits

All 96 2-beds →

2404 last sold in April 2016 at AED 1,828 per sqft, in line with what two-beds in Marina Quays West were fetching at the time (AED 1,853). Over the last 12 months two-beds sold for AED 3,825,000 to 4,000,000, around AED 2,675 per sqft, and rent for AED 70,000 to 210,000 a year. 2404's AED 180,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 May 20264,000,000
12 Dec 20253,825,000
26 May 20253,025,000
10 Mar 20253,600,000
2 2-bed sales in the last 12 months

Marina Quays West

Building

269 apartments, studios to 3-bed over 38 floors in Dubai Marina, completed in 2010 by Emaar. 11 sold in the last 12 months.

Typical price per sqft
AED 2,131 Up 2.3%
Typical sale
AED 1.68M
Typical rent
AED 97K /yr
Typical yield
5.3%
Marina Quays West, Dubai Marina: prices, sales and rents →

Other units on the 24th floor

All 269 units in Marina Quays West
Value
24011-bedAED 1.44M · Aug 2021
24021-bedAED 950K · May 2012
24031-bedAED 800K · Nov 2019
24052-bedAED 2.93M · Nov 2016
24061-bedAED 1.27M · May 2013
24072-bedAED 2.65M · Oct 2023
24081-bedAED 1.3M · Feb 2017

2404, Marina Quays West in numbers

  • Sold 3 times: first on 5 May 2010 for AED 711,944, last on 3 April 2016 for AED 2,500,000 (AED 1,828 per sqft).
  • Rented since September 2013 on 2 Ejari contracts, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2016 price is 7.2%, before a service charge of about AED 25,500 a year (AED 18.62 per sqft).
  • Two-beds in Marina Quays West sold for AED 3,825,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,131 per sqft.

Source: Dubai Land Department. Updated 3 April 2016.

Questions about 2404, Marina Quays West

What did unit 2404 last sell for?

AED 2,500,000 on 3 April 2016: AED 1,828 per sqft for 1,367 sqft. The unit has 3 registered sales; the first was AED 711,944 in May 2010.

What is the rent for unit 2404?

AED 180,000 a year on the contract signed on 1 September 2014. The previous contract, from September 2013, was AED 180,000.

How big is unit 2404?

1,367 sqft (127.0 sqm): a two-bedroom apartment on the 24th floor of a 38-storey tower completed in 2010.

What is unit 2404 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 West sold for AED 3,825,000 to 4,000,000 in the last 12 months, around AED 2,675 per sqft.

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Mortgage on 2404, Marina Quays West

Starts from the last sale price (AED 2.5M, 3 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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