407, Marina Sail Tower
Sold prices and rental history: sold twice, last in December 2019, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Marina Sail Tower
What is 407 worth today?
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Source: Dubai Land Department. Updated 15 December 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,776 sqft
- Floor
- 4th of 21
- Parking
- 1B-50
- Developer
- 32 Group Properties
- Completed
- 2006
- Service charge
- AED 25,600 /yr
- Last sold
- AED 1.16M · December 2019
- Building
- Marina Sail Tower
About 407, Marina Sail Tower
407 is a two-bedroom apartment of 1,776 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 15 December 2019 for AED 1,160,000, or AED 653 per sqft, 20% below the AED 819 two-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 8 Ejari contracts. The current contract, renewed on 26 September 2018, is AED 115,000 a year: a gross yield of 9.9% on the 2019 price, before the service charge of about AED 25,600 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 Sail Tower, and where 407 sits
All 72 2-beds →407 last sold in December 2019 at AED 653 per sqft, 20% below what two-beds in Marina Sail Tower were fetching at the time (AED 819). 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. 407's AED 115,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Aug 202619 August 2026 | 1,677 sqft | 2,250,000 | 1,341 | ||
| 6 Aug 20266 August 2026 | 1,742 sqft | 2,650,000 | 1,520 | ||
| 25 Jun 202625 June 2026 | 1,707 sqft | 2,500,000 | 1,464 | ||
| 30 Mar 202630 March 2026 | 1,898 sqft | 2,500,000 | 1,317 |
Marina Sail Tower
Building152 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%
Other units on the 4th floor
All 152 units in Marina Sail Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 1,097 sqft | No registered sale | 90,000 /yr | |
| 402 | 1-bed | 944 sqft | AED 900KAED 900,000 · Jan 2018January 2018 | 80,000 /yr | |
| 403 | 1-bed | 941 sqft | AED 715KAED 714,500 · Feb 2019February 2019 | 98,153 /yr | |
| 404 | 1-bed | 941 sqft | No registered sale | 90,000 /yr | |
| 405 | 3-bed | 2,798 sqft | AED 2.7MAED 2,700,000 · Feb 2023February 2023 | 145,000 /yr | |
| 406 | 2-bed | 1,799 sqft | AED 1.6MAED 1,600,000 · Jan 2023January 2023 | 101,538 /yr | |
| 408 | 2-bed | 1,717 sqft | AED 1.7MAED 1,704,135 · Oct 2008October 2008 | 160,431 /yr |
407, Marina Sail Tower in numbers
- Sold twice: first on 4 November 2010 for AED 790,280, last on 15 December 2019 for AED 1,160,000 (AED 653 per sqft).
- Rented since July 2011 on 8 Ejari contracts, from AED 102,500 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2019 price is 9.9%, before a service charge of about AED 25,600 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 15 December 2019.
Questions about 407, Marina Sail Tower
What did unit 407 last sell for?
AED 1,160,000 on 15 December 2019: AED 653 per sqft for 1,776 sqft. The unit has 2 registered sales; the first was AED 790,280 in November 2010.
What is the rent for unit 407?
AED 115,000 a year on the contract renewed on 26 September 2018. The previous contract, from September 2017, was AED 135,000; the unit has been rented since July 2011.
How big is unit 407?
1,776 sqft (165.0 sqm): a two-bedroom apartment on the 4th floor of a 21-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. 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 407, Marina Sail Tower
Starts from the last sale price (AED 1.16M, 15 December 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,160,000
- Deposit, UAE resident (20%)
- AED 232,000
- Deposit, non-resident (40%)
- AED 464,000
- Monthly over 25 years at 3.7%
- AED 4,746
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →