2-bed · 1,254 sqftMarina Quays West, Dubai Marina · 34th floor · completed 2010

3407, Marina Quays West

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3407 · DLD and Ejari recordsUpdated 29 July 2024
Last soldAED 3.1M29 July 2024
Current rentAED 100K /yr1 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3407, Marina Quays West

What is 3407 worth today?

Last sold for AED 3,100,000 in 2024

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29 Jul 2024SoldReady
AED 3,100,000AED 2,472 per sqft
31 May 2021SoldReady
AED 1,775,000AED 1,415 per sqft
1 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 79 per sqft
15 Jul 2020SoldReady
AED 1,395,000AED 1,112 per sqft
1 Aug 2018RentedNew contract
AED 115,000/yr12 months · AED 92 per sqft
1 Aug 2016RentedRenewal
AED 120,000/yr12 months · AED 96 per sqft
1 Aug 2015RentedRenewal
AED 120,000/yr12 months · AED 96 per sqft
1 Aug 2014RentedRenewal
AED 115,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 29 July 2024.

Key facts

Type
2-bed apartment
Size
1,254 sqft
Floor
34th of 38
Parking
1
Developer
Emaar
Completed
2010
Service charge
AED 23,300 /yr
Last sold
AED 3.1M · July 2024

About 3407, Marina Quays West

3407 is a two-bedroom apartment of 1,254 sqft on the 34th floor of Marina Quays West, a 38-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 29 July 2024 for AED 3,100,000, or AED 2,472 per sqft, 17% above the AED 2,113 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 1 October 2020, is AED 100,000 a year: a gross yield of 3.2% on the 2024 price, before the service charge of about AED 23,300 a year.

Sales and rents for 3407 over time

Sales
Unit 3407, each saleTypical two-bed in Marina Quays West
2M2009201420192024Typical 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, October 2012: AED 1,101,888 (AED 878 per sqft)Sold, July 2020: AED 1,395,000 (AED 1,112 per sqft)Sold, May 2021: AED 1,775,000 (AED 1,415 per sqft)Sold, July 2024: AED 3,100,000 (AED 2,472 per sqft)

3407 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3407, 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, August 2012: AED 115,000 a yearRenewal, August 2013: AED 115,000 a yearRenewal, August 2014: AED 115,000 a yearRenewal, August 2015: AED 120,000 a yearRenewal, August 2016: AED 120,000 a yearNew contract, August 2018: AED 115,000 a yearNew contract, October 2020: AED 100,000 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 3407 sits

All 96 2-beds →

3407 last sold in July 2024 at AED 2,472 per sqft, 17% above what two-beds in Marina Quays West were fetching at the time (AED 2,113). 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. 3407's AED 100,000 is in the lower 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 34th floor

All 269 units in Marina Quays West
Value
34011-bedAED 1.25M · Jun 2021
34021-bedAED 1.5M · Aug 2026
34031-bedAED 931K · Feb 2012
34042-bedAED 1.52M · Jan 2015
34052-bedAED 1.81M · Nov 2011
34061-bedAED 1.65M · Jul 2016
34081-bedAED 344K · Oct 2010

3407, Marina Quays West in numbers

  • Sold 4 times: first on 17 October 2012 for AED 1,101,888, last on 29 July 2024 for AED 3,100,000 (AED 2,472 per sqft).
  • Rented since August 2012 on 7 Ejari contracts, from AED 115,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2024 price is 3.2%, before a service charge of about AED 23,300 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 29 July 2024.

Questions about 3407, Marina Quays West

What did unit 3407 last sell for?

AED 3,100,000 on 29 July 2024: AED 2,472 per sqft for 1,254 sqft. The unit has 4 registered sales; the first was AED 1,101,888 in October 2012.

What is the rent for unit 3407?

AED 100,000 a year on the contract signed on 1 October 2020. The previous contract, from August 2018, was AED 115,000; the unit has been rented since August 2012.

How big is unit 3407?

1,254 sqft (116.5 sqm): a two-bedroom apartment on the 34th floor of a 38-storey tower completed in 2010.

What is unit 3407 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 3407, Marina Quays West

Starts from the last sale price (AED 3.1M, 29 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

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