2-bed · 1,520 sqftMarina Tower, Dubai Marina · 24th floor · completed 2006

2404, Marina Tower

Sold prices and rental history: sold twice, last in September 2023, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 7 September 2023
Last soldAED 2.75M7 September 2023
Current rentAED 135K /yr28 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Marina Tower

What is 2404 worth today?

Last sold for AED 2,750,000 in 2023

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7 Sep 2023SoldReady
AED 2,750,000AED 1,809 per sqft
28 Jan 2018RentedRenewal
AED 135,000/yr12 months · AED 89 per sqft
28 Jan 2017RentedNew contract
AED 140,000/yr12 months · AED 92 per sqft
30 Jan 2014Sold by developerReady
AED 2,640,000AED 1,737 per sqft
15 Oct 2012RentedNew contract
AED 105,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 7 September 2023.

Key facts

Type
2-bed apartment
Size
1,520 sqft
Floor
24th of 32
Parking
P8-198
Developer
Select Global Development
Completed
2006
Service charge
AED 25,700 /yr
Last sold
AED 2.75M · September 2023
Building
Marina Tower

About 2404, Marina Tower

2404 is a two-bedroom apartment of 1,520 sqft on the 24th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. It last sold on 7 September 2023 for AED 2,750,000, or AED 1,809 per sqft, 47% above the AED 1,228 two-beds in the building were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, renewed on 28 January 2018, is AED 135,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 25,700 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, each saleTypical two-bed in Marina Tower
1M2M3M2013201720212025Typical sale price by year: 2013 AED 2,050,000; 2014 AED 2,650,000; 2015 AED 2,745,000; 2019 AED 1,200,000; 2021 AED 1,575,000; 2022 AED 1,670,000; 2023 AED 2,048,408; 2024 AED 2,300,000; 2025 AED 2,350,000Sold by developer, January 2014: AED 2,640,000 (AED 1,737 per sqft)Sold, September 2023: AED 2,750,000 (AED 1,809 per sqft)

2404 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, each contractTypical two-bed in Marina Tower
100K125K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 120,000; 2014 AED 145,000; 2015 AED 142,500; 2016 AED 143,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 120,000; 2020 AED 95,367; 2021 AED 95,000; 2022 AED 107,500; 2023 AED 135,000; 2024 AED 135,000; 2025 AED 150,000; 2026 AED 150,000New contract, October 2012: AED 105,000 a yearNew contract, January 2017: AED 140,000 a yearRenewal, January 2018: AED 135,000 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 Tower, and where 2404 sits

All 70 2-beds →

2404 last sold in September 2023 at AED 1,809 per sqft, 47% above what two-beds in Marina Tower were fetching at the time (AED 1,228). Over the last 12 months two-beds sold for AED 2,475,000 to 2,500,000, around AED 1,648 per sqft, and rent for AED 115,000 to 330,000 a year. 2404's AED 135,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 May 20262,500,000
26 Jan 20262,475,000
21 Feb 20252,350,000
31 Jan 20252,100,000
2 2-bed sales in the last 12 months

Marina Tower

Building

197 apartments, 1-bed to 3-bed over 32 floors in Dubai Marina, completed in 2006 by Select Global Development. 17 sold in the last 12 months.

Typical price per sqft
AED 1,891 Up 3.1%
Typical sale
AED 3.4M
Typical rent
AED 143K /yr
Typical yield
5.7%
Marina Tower, Dubai Marina: prices, sales and rents →

Other units on the 24th floor

All 197 units in Marina Tower
Value
24013-bedAED 2.7M · Oct 2014
24021-bedAED 1.36M · Apr 2017
24032-bedAED 2.66M · May 2014
24053-bedAED 3.75M · Jun 2025

2404, Marina Tower in numbers

  • Sold twice: first on 30 January 2014 for AED 2,640,000, last on 7 September 2023 for AED 2,750,000 (AED 1,809 per sqft).
  • Rented since October 2012 on 3 Ejari contracts, from AED 105,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 25,700 a year (AED 16.91 per sqft).
  • Two-beds in Marina Tower sold for AED 2,475,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,891 per sqft.

Source: Dubai Land Department. Updated 7 September 2023.

Questions about 2404, Marina Tower

What did unit 2404 last sell for?

AED 2,750,000 on 7 September 2023: AED 1,809 per sqft for 1,520 sqft. The unit has 2 registered sales; the first was AED 2,640,000 in January 2014.

What is the rent for unit 2404?

AED 135,000 a year on the contract renewed on 28 January 2018. The previous contract, from January 2017, was AED 140,000; the unit has been rented since October 2012.

How big is unit 2404?

1,520 sqft (141.2 sqm): a two-bedroom apartment on the 24th floor of a 32-storey tower completed in 2006.

What is unit 2404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Tower sold for AED 2,475,000 to 2,500,000 in the last 12 months, around AED 1,648 per sqft.

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Mortgage on 2404, Marina Tower

Starts from the last sale price (AED 2.75M, 7 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

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