2-bed · 1,742 sqftMarina Sail Tower, Dubai Marina · 14th floor · completed 2006

1405, Marina Sail Tower

Sold prices and rental history: sold twice, last in February 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 28 February 2018
Last soldAED 1.74M28 February 2018
Current rentAED 120K /yr16 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Marina Sail Tower

What is 1405 worth today?

Last sold for AED 1,742,352 in 2018

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28 Feb 2018SoldReady
AED 1,742,352AED 999 per sqft
16 May 2016RentedRenewal
AED 120,000/yr36 months · AED 69 per sqft
14 May 2015RentedNew contract
AED 84,158/yr12 months · AED 48 per sqft
23 Sep 2008Sold by developerReady
AED 1,834,079AED 1,052 per sqft

Source: Dubai Land Department. Updated 28 February 2018.

Key facts

Type
2-bed apartment
Size
1,742 sqft
Floor
14th of 21
Parking
2B-52
Developer
32 Group Properties
Completed
2006
Service charge
AED 25,100 /yr
Last sold
AED 1.74M · February 2018

About 1405, Marina Sail Tower

1405 is a two-bedroom apartment of 1,742 sqft on the 14th floor of Marina Sail Tower, a 21-storey tower in Dubai Marina completed in 2006 by 32 Group Properties. It last sold on 28 February 2018 for AED 1,742,352, or AED 999 per sqft, in line with the AED 999 two-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 16 May 2016, is AED 120,000 a year: a gross yield of 6.9% on the 2018 price, before the service charge of about AED 25,100 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, each saleTypical two-bed in Marina Sail Tower
1M2M2008201320182023Typical sale price by year: 2008 AED 1,920,000; 2009 AED 1,159,725; 2010 AED 1,990,000; 2011 AED 809,140; 2012 AED 1,916,250; 2013 AED 1,424,000; 2014 AED 2,375,000; 2015 AED 2,200,000; 2018 AED 1,732,772; 2019 AED 1,420,000; 2022 AED 1,545,000; 2023 AED 1,635,000; 2024 AED 2,232,500; 2025 AED 2,350,000; 2026 AED 2,500,000Sold by developer, September 2008: AED 1,834,079 (AED 1,052 per sqft)Sold, February 2018: AED 1,742,352 (AED 999 per sqft)

1405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1405, each contractTypical two-bed in Marina Sail Tower
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 130,000; 2014 AED 142,500; 2015 AED 144,500; 2016 AED 145,000; 2017 AED 120,000; 2018 AED 108,750; 2019 AED 101,409; 2020 AED 90,000; 2021 AED 90,000; 2022 AED 99,000; 2023 AED 107,300; 2024 AED 140,000; 2025 AED 145,000; 2026 AED 142,500New contract, May 2015: AED 84,158 a yearRenewal, May 2016: AED 120,000 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 Sail Tower, and where 1405 sits

All 72 2-beds →

1405 last sold in February 2018 at AED 999 per sqft, in line with what two-beds in Marina Sail Tower were fetching at the time (AED 999). Over the last 12 months two-beds sold for AED 2,250,000 to 2,650,000, around AED 1,403 per sqft, and rent for AED 114,139 to 165,000 a year. 1405's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Aug 20262,250,000
6 Aug 20262,650,000
25 Jun 20262,500,000
30 Mar 20262,500,000
4 2-bed sales in the last 12 months

Marina Sail Tower

Building

152 apartments, 1-bed to 3-bed over 21 floors in Dubai Marina, completed in 2006 by 32 Group Properties. 7 sold in the last 12 months.

Typical price per sqft
AED 1,412
Typical sale
AED 2.5M
Typical rent
AED 100K /yr
Typical yield
6.1%
Marina Sail Tower, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 152 units in Marina Sail Tower
Value
14011-bedAED 855K · Jun 2012
14022-bedNo registered sale
14031-bedAED 1.29M · Oct 2024
14043-bedAED 1.8M · Aug 2012
14062-bedAED 1.73M · Feb 2018
14072-bedAED 1.93M · May 2009

1405, Marina Sail Tower in numbers

  • Sold twice: first on 23 September 2008 for AED 1,834,079, last on 28 February 2018 for AED 1,742,352 (AED 999 per sqft).
  • Rented since May 2015 on 2 Ejari contracts, from AED 84,158 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2018 price is 6.9%, before a service charge of about AED 25,100 a year (AED 14.43 per sqft).
  • Two-beds in Marina Sail Tower sold for AED 2,250,000–2,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,412 per sqft.

Source: Dubai Land Department. Updated 28 February 2018.

Questions about 1405, Marina Sail Tower

What did unit 1405 last sell for?

AED 1,742,352 on 28 February 2018: AED 999 per sqft for 1,742 sqft. The unit has 2 registered sales; the first was AED 1,834,079 in September 2008.

What is the rent for unit 1405?

AED 120,000 a year on the contract renewed on 16 May 2016. The previous contract, from May 2015, was AED 84,158.

How big is unit 1405?

1,742 sqft (161.8 sqm): a two-bedroom apartment on the 14th floor of a 21-storey tower completed in 2006.

What is unit 1405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Sail Tower sold for AED 2,250,000 to 2,650,000 in the last 12 months, around AED 1,403 per sqft.

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Mortgage on 1405, Marina Sail Tower

Starts from the last sale price (AED 1.74M, 28 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,742,352
Deposit, UAE resident (20%)
AED 348,470
Deposit, non-resident (40%)
AED 696,941
Monthly over 25 years at 3.7%
AED 7,129

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