2-bed · 1,717 sqftMarina Sail Tower, Dubai Marina · 4th floor · completed 2006

408, Marina Sail Tower

Sold prices and rental history: sold once, by the developer in October 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 2 February 2025
Last soldAED 1.7M9 October 2008
Current rentAED 160K /yr2 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Marina Sail Tower

What is 408 worth today?

Last sold for AED 1,704,135 in 2008

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2 Feb 2025RentedRenewal
AED 160,431/yr12 months · AED 93 per sqft
2 Feb 2025RentedRenewal
AED 160,431/yr12 months · AED 93 per sqft
2 Feb 2024RentedNew contract
AED 155,000/yr12 months · AED 90 per sqft
2 Feb 2024RentedNew contract
AED 155,000/yr12 months · AED 90 per sqft
4 Jan 2019RentedNew contract
AED 120,000/yr12 months · AED 70 per sqft
16 Sep 2013RentedNew contract
AED 165,000/yr12 months · AED 96 per sqft
9 Oct 2008Sold by developerReady
AED 1,704,135AED 992 per sqft

Source: Dubai Land Department. Updated 2 February 2025.

Key facts

Type
2-bed apartment
Size
1,717 sqft
Floor
4th of 21
Parking
1B-34
Developer
32 Group Properties
Completed
2006
Service charge
AED 24,800 /yr
Last sold
AED 1.7M · October 2008

About 408, Marina Sail Tower

408 is a two-bedroom apartment of 1,717 sqft on the 4th floor of Marina Sail Tower, a 21-storey tower in Dubai Marina completed in 2006 by 32 Group Properties. The developer sold it on 9 October 2008 for AED 1,704,135, or AED 992 per sqft, 8% below the AED 1,079 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 2 February 2025, is AED 160,431 a year: a gross yield of 9.4% on the 2008 price, before the service charge of about AED 24,800 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, October 2008: AED 1,704,135 (AED 992 per sqft)

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

Rents
Unit 408, 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, September 2013: AED 165,000 a yearNew contract, January 2019: AED 120,000 a yearNew contract, February 2024: AED 155,000 a yearNew contract, February 2024: AED 155,000 a yearRenewal, February 2025: AED 160,431 a yearRenewal, February 2025: AED 160,431 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 408 sits

All 72 2-beds →

408 last sold in October 2008 at AED 992 per sqft, 8% below what two-beds in Marina Sail Tower were fetching at the time (AED 1,079). 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. 408's AED 160,431 is in the upper 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 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
4062-bedAED 1.6M · Jan 2023
4072-bedAED 1.16M · Dec 2019

408, Marina Sail Tower in numbers

  • Sold once: by 32 Group Properties on 9 October 2008 for AED 1,704,135, or AED 992 per sqft.
  • Rented since September 2013 on 6 Ejari contracts. The rent fell from AED 165,000 to AED 120,000 in 2019 and recovered to AED 160,431 by February 2025.
  • At AED 160,431 a year the gross yield on the 2008 price is 9.4%, before a service charge of about AED 24,800 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 2 February 2025.

Questions about 408, Marina Sail Tower

What did unit 408 last sell for?

AED 1,704,135 on 9 October 2008, sold by the developer: AED 992 per sqft for 1,717 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 160,431 a year on the contract renewed on 2 February 2025. The previous contract, from February 2025, was AED 160,431; the unit has been rented since September 2013.

How big is unit 408?

1,717 sqft (159.5 sqm): a two-bedroom apartment on the 4th floor of a 21-storey tower completed in 2006.

What is unit 408 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 408, Marina Sail Tower

Starts from the last sale price (AED 1.7M, 9 October 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,704,135
Deposit, UAE resident (20%)
AED 340,827
Deposit, non-resident (40%)
AED 681,654
Monthly over 25 years at 3.7%
AED 6,972

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