1-bed · 761 sqftMarina Tower, Dubai Marina · 4th floor · completed 2006

402, Marina Tower

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 22 November 2023
Last soldAED 1.05M22 November 2023
Current rentAED 59K /yr15 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Marina Tower

What is 402 worth today?

Last sold for AED 1,050,000 in 2023

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22 Nov 2023SoldReady
AED 1,050,000AED 1,379 per sqft
15 Sep 2020RentedNew contract
AED 59,000/yr13 months · AED 77 per sqft
1 Feb 2020RentedNew contract
AED 65,000/yr13 months · AED 85 per sqft
24 Sep 2017RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
13 Dec 2016RentedNew contract
AED 85,000/yr12 months · AED 111 per sqft
24 Sep 2013Sold by developerReady
AED 1,082,961AED 1,422 per sqft

Source: Dubai Land Department. Updated 22 November 2023.

Key facts

Type
1-bed apartment
Size
761 sqft
Floor
4th of 32
Parking
P1-018
Developer
Select Global Development
Completed
2006
Service charge
AED 12,900 /yr
Last sold
AED 1.05M · November 2023
Building
Marina Tower

About 402, Marina Tower

402 is a one-bedroom apartment of 761 sqft on the 4th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. It last sold on 22 November 2023 for AED 1,050,000, or AED 1,379 per sqft, 10% below the AED 1,535 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 15 September 2020, is AED 59,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 12,900 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in Marina Tower
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,380,000; 2014 AED 1,500,000; 2017 AED 1,380,000; 2018 AED 1,200,000; 2021 AED 950,000; 2022 AED 1,170,000; 2023 AED 1,290,000; 2024 AED 1,537,000; 2025 AED 1,570,000; 2026 AED 1,800,000Sold by developer, September 2013: AED 1,082,961 (AED 1,422 per sqft)Sold, November 2023: AED 1,050,000 (AED 1,379 per sqft)

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

Rents
Unit 402, each contractTypical one-bed in Marina Tower
75K100K2012201620202024Typical rent by year: 2012 AED 68,000; 2013 AED 70,000; 2014 AED 100,000; 2015 AED 100,000; 2016 AED 99,205; 2017 AED 95,000; 2018 AED 83,250; 2019 AED 76,000; 2020 AED 63,000; 2021 AED 60,000; 2022 AED 75,500; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 105,000; 2026 AED 99,613New contract, December 2016: AED 85,000 a yearNew contract, September 2017: AED 85,000 a yearNew contract, February 2020: AED 65,000 a yearNew contract, September 2020: AED 59,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Tower, and where 402 sits

All 51 1-beds →

402 last sold in November 2023 at AED 1,379 per sqft, 10% below what one-beds in Marina Tower were fetching at the time (AED 1,535). Over the last 12 months one-beds sold for AED 150,857 to 1,807,735, around AED 1,884 per sqft, and rent for AED 67,000 to 125,000 a year. 402's AED 59,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Aug 20269,519
29 Jul 202641,824
14 Jul 20261,800,000
30 Apr 20261,807,735
5 1-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 4th floor

All 197 units in Marina Tower
Value
4013-bedAED 3.5M · Oct 2013
4031-bedAED 42K · Jul 2026
4042-bedAED 2.1M · Apr 2014
4052-bedAED 1.58M · Sep 2021
4063-bedAED 3.89M · Aug 2013
4073-bedAED 4.18M · Apr 2022

402, Marina Tower in numbers

  • Sold twice: first on 24 September 2013 for AED 1,082,961, last on 22 November 2023 for AED 1,050,000 (AED 1,379 per sqft).
  • Rented since December 2016 on 4 Ejari contracts, from AED 85,000 to AED 59,000 a year.
  • At AED 59,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 12,900 a year (AED 16.91 per sqft).
  • One-beds in Marina Tower sold for AED 150,857–1,807,735 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 22 November 2023.

Questions about 402, Marina Tower

What did unit 402 last sell for?

AED 1,050,000 on 22 November 2023: AED 1,379 per sqft for 761 sqft. The unit has 2 registered sales; the first was AED 1,082,961 in September 2013.

What is the rent for unit 402?

AED 59,000 a year on the contract signed on 15 September 2020. The previous contract, from February 2020, was AED 65,000; the unit has been rented since December 2016.

How big is unit 402?

761 sqft (70.7 sqm): a one-bedroom apartment on the 4th floor of a 32-storey tower completed in 2006.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Tower sold for AED 150,857 to 1,807,735 in the last 12 months, around AED 1,884 per sqft.

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Mortgage on 402, Marina Tower

Starts from the last sale price (AED 1.05M, 22 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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