Studio · 402 sqftMarina View Towers A, Dubai Marina · 14th floor · completed 2007

1408, Marina View Towers A

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 1.08M15 November 2024
Current rentAED 36K /yr10 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Marina View Towers A

What is 1408 worth today?

Last sold for AED 1,080,000 in 2024

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15 Nov 2024SoldReady
AED 1,080,000AED 2,686 per sqft
27 Jun 2024SoldReady
AED 820,000AED 2,039 per sqft
10 Apr 2023RentedRenewal
AED 36,000/yr12 months · AED 90 per sqft
10 Apr 2022RentedRenewal
AED 30,000/yr12 months · AED 75 per sqft
10 Apr 2021RentedNew contract
AED 30,000/yr12 months · AED 75 per sqft
1 Jan 2020RentedRenewal
AED 42,000/yr6 months · AED 105 per sqft
1 Jan 2019RentedNew contract
AED 42,000/yr12 months · AED 105 per sqft
1 Apr 2017RentedNew contract
AED 60,000/yr12 months · AED 151 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
Studio apartment
Size
402 sqft
Floor
14th of 23
Parking
B3/3
Developer
New City Developers
Completed
2007
Service charge
AED 6,700 /yr
Last sold
AED 1.08M · November 2024

About 1408, Marina View Towers A

1408 is a studio of 402 sqft on the 14th floor of Marina View Towers A, a 23-storey tower in Dubai Marina completed in 2007 by New City Developers. It last sold on 15 November 2024 for AED 1,080,000, or AED 2,686 per sqft, 25% above the AED 2,155 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 10 April 2023, is AED 36,000 a year: a gross yield of 3.3% on the 2024 price, before the service charge of about AED 6,700 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical studio in Marina View Towers A
500K1M2009201420192024Typical sale price by year: 2009 AED 321,875; 2010 AED 349,010; 2011 AED 422,500; 2012 AED 480,908; 2013 AED 600,000; 2014 AED 680,500; 2015 AED 420,000; 2016 AED 800,000; 2021 AED 455,000; 2022 AED 667,500; 2023 AED 877,500; 2024 AED 850,000; 2025 AED 890,000; 2026 AED 852,241Sold by developer, February 2009: AED 318,864 (AED 793 per sqft)Sold, June 2024: AED 820,000 (AED 2,039 per sqft)Sold, November 2024: AED 1,080,000 (AED 2,686 per sqft)

1408 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1408, each contractTypical studio in Marina View Towers A
40K60K2012201620202024Typical rent by year: 2012 AED 46,000; 2013 AED 60,000; 2014 AED 58,875; 2015 AED 69,000; 2016 AED 65,000; 2017 AED 63,000; 2018 AED 56,000; 2019 AED 50,000; 2020 AED 39,000; 2021 AED 35,000; 2022 AED 42,400; 2023 AED 50,000; 2024 AED 60,000; 2025 AED 65,000; 2026 AED 55,000New contract, March 2016: AED 60,000 a yearNew contract, April 2017: AED 60,000 a yearNew contract, January 2019: AED 42,000 a yearRenewal, January 2020: AED 42,000 a yearNew contract, April 2021: AED 30,000 a yearRenewal, April 2022: AED 30,000 a yearRenewal, April 2023: AED 36,000 a year

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

Studios in Marina View Towers A, and where 1408 sits

All 76 studios →

1408 last sold in November 2024 at AED 2,686 per sqft, 25% above what studios in Marina View Towers A were fetching at the time (AED 2,155). Over the last 12 months studios sold for AED 240,000 to 950,000, around AED 2,082 per sqft, and rent for AED 44,000 to 84,000 a year. 1408's AED 36,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Oct 2026852,241
17 Jul 2026240,000
9 Feb 2026950,000
8 Dec 2025890,000
4 studio sales in the last 12 months

Marina View Towers A

Building

256 apartments, studios to 4-bed over 23 floors in Dubai Marina, completed in 2007 by New City Developers. 15 sold in the last 12 months.

Typical price per sqft
AED 1,573 Down 8.7%
Typical sale
AED 1.3M
Typical rent
AED 80K /yr
Typical yield
7.3%
Marina View Towers A, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 256 units in Marina View Towers A
Value
14011-bedAED 750K · Oct 2012
1402StudioAED 371K · Jul 2010
14032-bedAED 1.8M · Mar 2025
14042-bedAED 1.5M · Oct 2026
1405StudioAED 319K · Jun 2010
14061-bedAED 700K · Apr 2012
14071-bedAED 568K · Mar 2010
1–7 of 11

1408, Marina View Towers A in numbers

  • Sold 3 times: first on 10 February 2009 for AED 318,864, last on 15 November 2024 for AED 1,080,000 (AED 2,686 per sqft).
  • Rented since March 2016 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 30,000 in 2022 and recovered to AED 36,000 by April 2023.
  • At AED 36,000 a year the gross yield on the 2024 price is 3.3%, before a service charge of about AED 6,700 a year (AED 16.65 per sqft).
  • Studios in Marina View Towers A sold for AED 240,000–950,000 in the 12 months to November 2026; the building's median across all types is AED 1,573 per sqft.

Source: Dubai Land Department. Updated 15 November 2024.

Questions about 1408, Marina View Towers A

What did unit 1408 last sell for?

AED 1,080,000 on 15 November 2024: AED 2,686 per sqft for 402 sqft. The unit has 3 registered sales; the first was AED 318,864 in February 2009.

What is the rent for unit 1408?

AED 36,000 a year on the contract renewed on 10 April 2023. The previous contract, from April 2022, was AED 30,000; the unit has been rented since March 2016.

How big is unit 1408?

402 sqft (37.3 sqm): a studio on the 14th floor of a 23-storey tower completed in 2007.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Marina View Towers A sold for AED 240,000 to 950,000 in the last 12 months, around AED 2,082 per sqft.

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Mortgage on 1408, Marina View Towers A

Starts from the last sale price (AED 1.08M, 15 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,080,000
Deposit, UAE resident (20%)
AED 216,000
Deposit, non-resident (40%)
AED 432,000
Monthly over 25 years at 3.7%
AED 4,419

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