1-bed · 737 sqftMarina View Towers B, Dubai Marina · 4th floor · completed 2007

408, Marina View Towers B

Sold prices and rental history: sold once, by the developer in July 2010, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 30 January 2021
Last soldAED 733K12 July 2010
Current rentAED 70K /yr30 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Marina View Towers B

What is 408 worth today?

Last sold for AED 733,200 in 2010

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

30 Jan 2021RentedNew contract
AED 69,799/yr12 months · AED 94 per sqft
26 Sep 2016RentedNew contract
AED 108,000/yr12 months · AED 146 per sqft
12 Jul 2010Sold by developerReady
AED 733,200AED 994 per sqft

Source: Dubai Land Department. Updated 30 January 2021.

Key facts

Type
1-bed apartment
Size
737 sqft
Floor
4th of 11
Parking
B2/146
Developer
New City Developers
Completed
2007
Service charge
AED 12,300 /yr
Last sold
AED 733K · July 2010

About 408, Marina View Towers B

408 is a one-bedroom apartment of 737 sqft on the 4th floor of Marina View Towers B, a 11-storey tower in Dubai Marina completed in 2007 by New City Developers. The developer sold it on 12 July 2010 for AED 733,200, or AED 994 per sqft, in line with the AED 967 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 30 January 2021, is AED 69,799 a year: a gross yield of 9.5% on the 2010 price, before the service charge of about AED 12,300 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Marina View Towers B
1M1.5M2009201420192024Typical sale price by year: 2009 AED 715,719; 2010 AED 709,000; 2011 AED 765,000; 2012 AED 739,700; 2013 AED 1,025,000; 2014 AED 1,280,000; 2015 AED 1,340,000; 2016 AED 1,140,000; 2022 AED 987,200; 2023 AED 930,000; 2024 AED 1,250,000; 2025 AED 1,500,000Sold by developer, July 2010: AED 733,200 (AED 994 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Marina View Towers B
50K75K100K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 77,000; 2014 AED 88,000; 2015 AED 98,500; 2016 AED 90,000; 2017 AED 90,000; 2018 AED 82,000; 2019 AED 70,000; 2020 AED 58,000; 2021 AED 55,000; 2022 AED 65,500; 2023 AED 76,250; 2024 AED 85,000; 2025 AED 95,000; 2026 AED 85,000New contract, September 2016: AED 108,000 a yearNew contract, January 2021: AED 69,799 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 View Towers B, and where 408 sits

All 50 1-beds →

408 last sold in July 2010 at AED 994 per sqft, in line with what one-beds in Marina View Towers B were fetching at the time (AED 967). Over the last 12 months one-beds sold for AED 1,500,000 to 1,575,000, around AED 2,444 per sqft, and rent for AED 58,000 to 137,500 a year. 408's AED 69,799 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jul 20261,575,000
17 Jul 20261,530,000
27 Nov 20251,500,000
24 Oct 20251,350,000
3 1-bed sales in the last 12 months

Marina View Towers B

Building

101 apartments, studios to 4-bed over 11 floors in Dubai Marina, completed in 2007 by New City Developers. 4 sold in the last 12 months.

Typical price per sqft
AED 2,288
Typical sale
AED 1.53M
Typical rent
AED 90K /yr
Typical yield
4.9%
Marina View Towers B, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 101 units in Marina View Towers B
Value
4011-bedAED 619K · Jun 2009
4023-bedAED 2.58M · Aug 2013
4033-bedAED 1.75M · Apr 2009
4041-bedAED 1.1M · Aug 2023
4051-bedAED 1.2M · Nov 2014
4063-bedAED 1.5M · Apr 2013
4073-bedAED 2.62M · Jun 2025

408, Marina View Towers B in numbers

  • Sold once: by New City Developers on 12 July 2010 for AED 733,200, or AED 994 per sqft.
  • Rented since September 2016 on 2 Ejari contracts, from AED 108,000 to AED 69,799 a year.
  • At AED 69,799 a year the gross yield on the 2010 price is 9.5%, before a service charge of about AED 12,300 a year (AED 16.65 per sqft).
  • One-beds in Marina View Towers B sold for AED 1,500,000–1,575,000 in the 12 months to November 2026; the building's median across all types is AED 2,288 per sqft.

Source: Dubai Land Department. Updated 30 January 2021.

Questions about 408, Marina View Towers B

What did unit 408 last sell for?

AED 733,200 on 12 July 2010, sold by the developer: AED 994 per sqft for 737 sqft. It is the only registered sale of the unit.

What is the rent for unit 408?

AED 69,799 a year on the contract signed on 30 January 2021. The previous contract, from September 2016, was AED 108,000.

How big is unit 408?

737 sqft (68.5 sqm): a one-bedroom apartment on the 4th floor of a 11-storey tower completed in 2007.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina View Towers B sold for AED 1,500,000 to 1,575,000 in the last 12 months, around AED 2,444 per sqft.

Selling 408? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 408, Marina View Towers B

Starts from the last sale price (AED 733K, 12 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 733,200
Deposit, UAE resident (20%)
AED 146,640
Deposit, non-resident (40%)
AED 293,280
Monthly over 25 years at 3.7%
AED 3,000

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