2-bed · 1,799 sqftMarina Sail Tower, Dubai Marina · 4th floor · completed 2006

406, Marina Sail Tower

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 3 January 2023
Last soldAED 1.6M3 January 2023
Current rentAED 102K /yr25 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Marina Sail Tower

What is 406 worth today?

Last sold for AED 1,600,000 in 2023

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3 Jan 2023SoldReady
AED 1,600,000AED 889 per sqft
25 Dec 2022RentedRenewal
AED 101,538/yr13 months · AED 56 per sqft
25 Dec 2022RentedNew contract
AED 101,538/yr13 months · AED 56 per sqft
25 Dec 2021RentedRenewal
AED 95,000/yr12 months · AED 53 per sqft
25 Dec 2020RentedRenewal
AED 90,000/yr12 months · AED 50 per sqft
25 Dec 2019RentedRenewal
AED 90,000/yr12 months · AED 50 per sqft
25 Dec 2018RentedNew contract
AED 100,000/yr12 months · AED 56 per sqft
21 Dec 2017RentedRenewal
AED 140,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 3 January 2023.

Key facts

Type
2-bed apartment
Size
1,799 sqft
Floor
4th of 21
Parking
2B-26
Developer
32 Group Properties
Completed
2006
Service charge
AED 26,000 /yr
Last sold
AED 1.6M · January 2023

About 406, Marina Sail Tower

406 is a two-bedroom apartment of 1,799 sqft on the 4th floor of Marina Sail Tower, a 21-storey tower in Dubai Marina completed in 2006 by 32 Group Properties. It last sold on 3 January 2023 for AED 1,600,000, or AED 889 per sqft, in line with the AED 889 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 25 December 2022, is AED 101,538 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 26,000 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, April 2011: AED 809,140 (AED 449 per sqft)Sold, January 2023: AED 1,600,000 (AED 889 per sqft)

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

Rents
Unit 406, 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, June 2013: AED 135,000 a yearNew contract, June 2014: AED 175,000 a yearRenewal, June 2015: AED 180,000 a yearNew contract, December 2016: AED 140,000 a yearRenewal, December 2017: AED 140,000 a yearNew contract, December 2018: AED 100,000 a yearRenewal, December 2019: AED 90,000 a yearRenewal, December 2020: AED 90,000 a yearRenewal, December 2021: AED 95,000 a yearRenewal, December 2022: AED 101,538 a yearNew contract, December 2022: AED 101,538 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 406 sits

All 72 2-beds →

406 last sold in January 2023 at AED 889 per sqft, in line with what two-beds in Marina Sail Tower were fetching at the time (AED 889). 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. 406's AED 101,538 is at the bottom 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 4th floor

All 152 units in Marina Sail Tower
Value
4011-bedNo registered sale
4021-bedAED 900K · Jan 2018
4031-bedAED 715K · Feb 2019
4041-bedNo registered sale
4053-bedAED 2.7M · Feb 2023
4072-bedAED 1.16M · Dec 2019
4082-bedAED 1.7M · Oct 2008

406, Marina Sail Tower in numbers

  • Sold twice: first on 4 April 2011 for AED 809,140, last on 3 January 2023 for AED 1,600,000 (AED 889 per sqft).
  • Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 135,000 to AED 90,000 in 2020 and recovered to AED 101,538 by December 2022.
  • At AED 101,538 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 26,000 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 3 January 2023.

Questions about 406, Marina Sail Tower

What did unit 406 last sell for?

AED 1,600,000 on 3 January 2023: AED 889 per sqft for 1,799 sqft. The unit has 2 registered sales; the first was AED 809,140 in April 2011.

What is the rent for unit 406?

AED 101,538 a year on the contract renewed on 25 December 2022. The previous contract, from December 2022, was AED 101,538; the unit has been rented since June 2013.

How big is unit 406?

1,799 sqft (167.1 sqm): a two-bedroom apartment on the 4th floor of a 21-storey tower completed in 2006.

What is unit 406 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 406, Marina Sail Tower

Starts from the last sale price (AED 1.6M, 3 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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