2-bed · 1,439 sqftMarina Wharf Tower 1, Dubai Marina · 14th floor · completed 2010

1405, Marina Wharf Tower 1

Sold prices and rental history: sold twice, last in August 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 1.75M12 August 2013
Current rentAED 89K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Marina Wharf Tower 1

What is 1405 worth today?

Last sold for AED 1,750,000 in 2013

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20 Nov 2023RentedRenewal
AED 89,000/yr12 months · AED 62 per sqft
20 Nov 2023RentedRenewal
AED 89,000/yr12 months · AED 62 per sqft
20 Nov 2022RentedRenewal
AED 82,000/yr12 months · AED 57 per sqft
20 Nov 2021RentedNew contract
AED 74,000/yr12 months · AED 51 per sqft
20 Nov 2020RentedNew contract
AED 68,000/yr12 months · AED 47 per sqft
22 Sep 2019RentedRenewal
AED 85,000/yr12 months · AED 59 per sqft
22 Sep 2018RentedNew contract
AED 95,000/yr12 months · AED 66 per sqft
12 Sep 2015RentedRenewal
AED 135,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
2-bed apartment
Size
1,439 sqft
Floor
14th of 27
Parking
B-7
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 25,600 /yr
Last sold
AED 1.75M · August 2013

About 1405, Marina Wharf Tower 1

1405 is a two-bedroom apartment of 1,439 sqft on the 14th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. It last sold on 12 August 2013 for AED 1,750,000, or AED 1,216 per sqft, 19% above the AED 1,023 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 November 2023, is AED 89,000 a year: a gross yield of 5.1% on the 2013 price, before the service charge of about AED 25,600 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, 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, July 2011: AED 1,476,585 (AED 1,026 per sqft)Sold, August 2013: AED 1,750,000 (AED 1,216 per sqft)

1405 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1405, each contractTypical two-bed in Marina Wharf Tower 1
100K2012201620202024Typical 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, November 2013: AED 120,000 a yearNew contract, September 2014: AED 130,000 a yearRenewal, September 2015: AED 135,000 a yearNew contract, September 2018: AED 95,000 a yearRenewal, September 2019: AED 85,000 a yearNew contract, November 2020: AED 68,000 a yearNew contract, November 2021: AED 74,000 a yearRenewal, November 2022: AED 82,000 a yearRenewal, November 2023: AED 89,000 a yearRenewal, November 2023: AED 89,000 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 1405 sits

All 72 2-beds →

1405 last sold in August 2013 at AED 1,216 per sqft, 19% above what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,023). 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. 1405's AED 89,000 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
14012-bedAED 1.24M · Feb 2012
14022-bedAED 1.27M · Mar 2013
14031-bedAED 1.28M · Jun 2024
14041-bedAED 1.4M · Mar 2025
14062-bedAED 2.3M · Aug 2025

1405, Marina Wharf Tower 1 in numbers

  • Sold twice: first on 25 July 2011 for AED 1,476,585, last on 12 August 2013 for AED 1,750,000 (AED 1,216 per sqft).
  • Rented since November 2013 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 68,000 in 2020 and recovered to AED 89,000 by November 2023.
  • At AED 89,000 a year the gross yield on the 2013 price is 5.1%, before a service charge of about AED 25,600 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 20 November 2023.

Questions about 1405, Marina Wharf Tower 1

What did unit 1405 last sell for?

AED 1,750,000 on 12 August 2013: AED 1,216 per sqft for 1,439 sqft. The unit has 2 registered sales; the first was AED 1,476,585 in July 2011.

What is the rent for unit 1405?

AED 89,000 a year on the contract renewed on 20 November 2023. The previous contract, from November 2023, was AED 89,000; the unit has been rented since November 2013.

How big is unit 1405?

1,439 sqft (133.7 sqm): a two-bedroom apartment on the 14th floor of a 27-storey tower completed in 2010.

What is unit 1405 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 1405, Marina Wharf Tower 1

Starts from the last sale price (AED 1.75M, 12 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

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