407, Marina Residence B
Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Marina Residence B
What is 407 worth today?
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Source: Dubai Land Department. Updated 19 January 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,179 sqft
- Floor
- 4th of 16
- Parking
- 48 (B3)
- Developer
- Al Maskan Al Hadeeth Real Estate Developmant
- Completed
- 2006
- Service charge
- AED 21,700 /yr
- Last sold
- AED 790K · January 2021
- Building
- Marina Residence B
About 407, Marina Residence B
407 is a two-bedroom apartment of 1,179 sqft on the 4th floor of Marina Residence B, a 16-storey tower in Dubai Marina completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant . It last sold on 19 January 2021 for AED 790,000, or AED 670 per sqft.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 20 November 2018, is AED 100,000 a year: a gross yield of 12.7% on the 2021 price, before the service charge of about AED 21,700 a year.
Sales and rents for 407 over time
407 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Marina Residence B, and where 407 sits
All 9 2-beds →| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20248 October 2024 | 1,179 sqft | 1,350,000 | 1,145 | ||
| 28 Nov 202328 November 2023 | 1,179 sqft | 1,480,000 | 1,255 | ||
| 27 Nov 202327 November 2023 | 1,179 sqft | 1,500,000 | 1,272 | ||
| 18 Sep 202318 September 2023 | 1,179 sqft | 1,190,000 | 1,009 |
Marina Residence B
Building105 apartments, 1-bed to 3-bed over 16 floors in Dubai Marina, completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant . 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,615
- Typical sale
- AED 1.05M
- Typical rent
- AED 74K /yr
- Typical yield
- 6.9%
Other units on the 4th floor
All 105 units in Marina Residence B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 613 sqft | AED 810KAED 810,000 · Apr 2017April 2017 | 67,500 /yr | |
| 402 | 1-bed | 723 sqft | AED 865KAED 865,000 · Nov 2022November 2022 | 84,000 /yr | |
| 403 | 1-bed | 602 sqft | AED 580KAED 580,000 · Feb 2020February 2020 | 65,000 /yr | |
| 404 | 1-bed | 723 sqft | AED 1.1MAED 1,100,000 · Jul 2018July 2018 | ||
| 405 | 1-bed | 613 sqft | AED 539KAED 539,440 · Mar 2010March 2010 | ||
| 406 | 1-bed | 667 sqft | AED 580KAED 579,623 · Feb 2009February 2009 | 76,533 /yr |
407, Marina Residence B in numbers
- Sold twice: first on 12 October 2010 for AED 1,515,015, last on 19 January 2021 for AED 790,000 (AED 670 per sqft).
- Rented since July 2013 on 5 Ejari contracts, from AED 84,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2021 price is 12.7%, before a service charge of about AED 21,700 a year (AED 18.43 per sqft).
Source: Dubai Land Department. Updated 19 January 2021.
Questions about 407, Marina Residence B
What did unit 407 last sell for?
AED 790,000 on 19 January 2021: AED 670 per sqft for 1,179 sqft. The unit has 2 registered sales; the first was AED 1,515,015 in October 2010.
What is the rent for unit 407?
AED 100,000 a year on the contract renewed on 20 November 2018. The previous contract, from November 2017, was AED 100,000; the unit has been rented since July 2013.
How big is unit 407?
1,179 sqft (109.5 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2006.
What is unit 407 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 407, Marina Residence B
Starts from the last sale price (AED 790K, 19 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 790,000
- Deposit, UAE resident (20%)
- AED 158,000
- Deposit, non-resident (40%)
- AED 316,000
- Monthly over 25 years at 3.7%
- AED 3,232
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →