2-bed · 1,181 sqftMarina Wharf Tower 1, Dubai Marina · 14th floor · completed 2010

1401, Marina Wharf Tower 1

Sold prices and rental history: sold once, by the developer in February 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 9 October 2023
Last soldAED 1.24M9 February 2012
Current rentAED 110K /yr9 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, Marina Wharf Tower 1

What is 1401 worth today?

Last sold for AED 1,236,950 in 2012

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9 Oct 2023RentedNew contract
AED 110,000/yr12 months · AED 93 per sqft
9 Oct 2022RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
6 Aug 2020RentedRenewal
AED 70,000/yr12 months · AED 59 per sqft
6 Aug 2019RentedRenewal
AED 90,000/yr12 months · AED 76 per sqft
6 Aug 2018RentedRenewal
AED 95,000/yr12 months · AED 80 per sqft
6 Aug 2017RentedRenewal
AED 125,000/yr12 months · AED 106 per sqft
6 Aug 2016RentedRenewal
AED 125,000/yr12 months · AED 106 per sqft
6 Aug 2015RentedNew contract
AED 125,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 9 October 2023.

Key facts

Type
2-bed apartment
Size
1,181 sqft
Floor
14th of 27
Parking
F-15
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 21,000 /yr
Last sold
AED 1.24M · February 2012

About 1401, Marina Wharf Tower 1

1401 is a two-bedroom apartment of 1,181 sqft on the 14th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. The developer sold it on 9 February 2012 for AED 1,236,950, or AED 1,047 per sqft, 12% above the AED 938 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 9 October 2023, is AED 110,000 a year: a gross yield of 8.9% on the 2012 price, before the service charge of about AED 21,000 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, each saleTypical two-bed in Marina Wharf Tower 1
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,206,900; 2011 AED 1,240,000; 2012 AED 1,244,150; 2013 AED 1,266,175; 2014 AED 1,700,000; 2015 AED 1,246,000; 2016 AED 1,325,000; 2017 AED 1,440,000; 2018 AED 1,092,000; 2019 AED 1,172,025; 2020 AED 1,000,000; 2021 AED 1,125,000; 2022 AED 1,300,000; 2023 AED 1,460,000; 2024 AED 1,975,000; 2025 AED 1,759,867; 2026 AED 1,950,000Sold by developer, February 2012: AED 1,236,950 (AED 1,047 per sqft)

1401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1401, each contractTypical two-bed in Marina Wharf Tower 1
75K100K125K2012201620202024Typical rent by year: 2012 AED 75,000; 2013 AED 90,000; 2014 AED 100,000; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 110,000; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 70,000; 2022 AED 79,900; 2023 AED 98,668; 2024 AED 106,263; 2025 AED 116,500; 2026 AED 112,015New contract, August 2015: AED 125,000 a yearRenewal, August 2016: AED 125,000 a yearRenewal, August 2017: AED 125,000 a yearRenewal, August 2018: AED 95,000 a yearRenewal, August 2019: AED 90,000 a yearRenewal, August 2020: AED 70,000 a yearNew contract, October 2022: AED 100,000 a yearNew contract, October 2023: AED 110,000 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 Wharf Tower 1, and where 1401 sits

All 72 2-beds →

1401 last sold in February 2012 at AED 1,047 per sqft, 12% above what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 938). Over the last 12 months two-beds sold for AED 1,473,807 to 2,700,000, around AED 1,498 per sqft, and rent for AED 75,166 to 350,000 a year. 1401's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20261,473,807
15 Jul 20261,800,000
30 Apr 20262,700,000
25 Mar 20262,100,000
4 2-bed sales in the last 12 months

Marina Wharf Tower 1

Building

135 apartments, 1-bed to 4-bed over 27 floors in Dubai Marina, completed in 2010 by Dheeraj & East Coast. 10 sold in the last 12 months.

Typical price per sqft
AED 1,503 Down 8.1%
Typical sale
AED 2.35M
Typical rent
AED 110K /yr
Typical yield
6.1%
Marina Wharf Tower 1, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 135 units in Marina Wharf Tower 1
Value
14022-bedAED 1.27M · Mar 2013
14031-bedAED 1.28M · Jun 2024
14041-bedAED 1.4M · Mar 2025
14052-bedAED 1.75M · Aug 2013
14062-bedAED 2.3M · Aug 2025

1401, Marina Wharf Tower 1 in numbers

  • Sold once: by Dheeraj & East Coast on 9 February 2012 for AED 1,236,950, or AED 1,047 per sqft.
  • Rented since August 2015 on 8 Ejari contracts. The rent fell from AED 125,000 to AED 70,000 in 2020 and recovered to AED 110,000 by October 2023.
  • At AED 110,000 a year the gross yield on the 2012 price is 8.9%, before a service charge of about AED 21,000 a year (AED 17.79 per sqft).
  • Two-beds in Marina Wharf Tower 1 sold for AED 1,473,807–2,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,503 per sqft.

Source: Dubai Land Department. Updated 9 October 2023.

Questions about 1401, Marina Wharf Tower 1

What did unit 1401 last sell for?

AED 1,236,950 on 9 February 2012, sold by the developer: AED 1,047 per sqft for 1,181 sqft. It is the only registered sale of the unit.

What is the rent for unit 1401?

AED 110,000 a year on the contract signed on 9 October 2023. The previous contract, from October 2022, was AED 100,000; the unit has been rented since August 2015.

How big is unit 1401?

1,181 sqft (109.7 sqm): a two-bedroom apartment on the 14th floor of a 27-storey tower completed in 2010.

What is unit 1401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Wharf Tower 1 sold for AED 1,473,807 to 2,700,000 in the last 12 months, around AED 1,498 per sqft.

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Mortgage on 1401, Marina Wharf Tower 1

Starts from the last sale price (AED 1.24M, 9 February 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,236,950
Deposit, UAE resident (20%)
AED 247,390
Deposit, non-resident (40%)
AED 494,780
Monthly over 25 years at 3.7%
AED 5,061

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