1-bed · 657 sqftMarina Wharf Tower 1, Dubai Marina · 24th floor · completed 2010

2403, Marina Wharf Tower 1

Sold prices and rental history: sold once, by the developer in June 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 27 January 2024
Last soldAED 702K16 June 2013
Current rentAED 82K /yr27 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Marina Wharf Tower 1

What is 2403 worth today?

Last sold for AED 702,000 in 2013

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27 Jan 2024RentedNew contract
AED 82,000/yr12 months · AED 125 per sqft
30 Dec 2022RentedNew contract
AED 67,000/yr12 months · AED 102 per sqft
15 Dec 2020RentedNew contract
AED 42,000/yr12 months · AED 64 per sqft
10 Jul 2019RentedNew contract
AED 55,000/yr12 months · AED 84 per sqft
20 Jun 2016RentedNew contract
AED 72,000/yr12 months · AED 110 per sqft
16 Jun 2013Sold by developerReady
AED 702,000AED 1,068 per sqft

Source: Dubai Land Department. Updated 27 January 2024.

Key facts

Type
1-bed apartment
Size
657 sqft
Floor
24th of 27
Parking
B-59
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 11,700 /yr
Last sold
AED 702K · June 2013

About 2403, Marina Wharf Tower 1

2403 is a one-bedroom apartment of 657 sqft on the 24th 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 16 June 2013 for AED 702,000, or AED 1,068 per sqft, 14% above the AED 938 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 27 January 2024, is AED 82,000 a year: a gross yield of 11.7% on the 2013 price, before the service charge of about AED 11,700 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, each saleTypical one-bed in Marina Wharf Tower 1
1M1.5M2011201520192023Typical sale price by year: 2011 AED 779,875; 2012 AED 695,300; 2013 AED 726,750; 2014 AED 769,781; 2015 AED 1,155,000; 2017 AED 1,000,000; 2018 AED 800,000; 2022 AED 982,500; 2023 AED 1,255,000; 2024 AED 1,300,000; 2025 AED 1,400,000Sold by developer, June 2013: AED 702,000 (AED 1,068 per sqft)

2403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2403, each contractTypical one-bed in Marina Wharf Tower 1
50K75K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 71,500; 2014 AED 83,250; 2015 AED 89,625; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 74,000; 2019 AED 64,500; 2020 AED 58,000; 2021 AED 50,000; 2022 AED 63,250; 2023 AED 64,400; 2024 AED 85,000; 2025 AED 90,000; 2026 AED 85,000New contract, June 2016: AED 72,000 a yearNew contract, July 2019: AED 55,000 a yearNew contract, December 2020: AED 42,000 a yearNew contract, December 2022: AED 67,000 a yearNew contract, January 2024: AED 82,000 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 Wharf Tower 1, and where 2403 sits

All 33 1-beds →

2403 last sold in June 2013 at AED 1,068 per sqft, 14% above what one-beds in Marina Wharf Tower 1 were fetching at the time (AED 938). Over the last 12 months one-beds sold for AED 1,200,000 to 1,349,957, around AED 1,757 per sqft, and rent for AED 70,180 to 110,000 a year. 2403's AED 82,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20261,200,000
30 Dec 20251,349,957
13 Mar 20251,400,000
20 Jan 20251,650,000
2 1-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 24th floor

All 135 units in Marina Wharf Tower 1
Value
24013-bedAED 2.4M · Apr 2014
24022-bedAED 1.1M · Feb 2016
24042-bedAED 1.25M · Sep 2015
24053-bedAED 2.5M · Nov 2013

2403, Marina Wharf Tower 1 in numbers

  • Sold once: by Dheeraj & East Coast on 16 June 2013 for AED 702,000, or AED 1,068 per sqft.
  • Rented since June 2016 on 5 Ejari contracts. The rent fell from AED 72,000 to AED 42,000 in 2020 and recovered to AED 82,000 by January 2024.
  • At AED 82,000 a year the gross yield on the 2013 price is 11.7%, before a service charge of about AED 11,700 a year (AED 17.79 per sqft).
  • One-beds in Marina Wharf Tower 1 sold for AED 1,200,000–1,349,957 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 27 January 2024.

Questions about 2403, Marina Wharf Tower 1

What did unit 2403 last sell for?

AED 702,000 on 16 June 2013, sold by the developer: AED 1,068 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 2403?

AED 82,000 a year on the contract signed on 27 January 2024. The previous contract, from December 2022, was AED 67,000; the unit has been rented since June 2016.

How big is unit 2403?

657 sqft (61.0 sqm): a one-bedroom apartment on the 24th floor of a 27-storey tower completed in 2010.

What is unit 2403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Wharf Tower 1 sold for AED 1,200,000 to 1,349,957 in the last 12 months, around AED 1,757 per sqft.

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Mortgage on 2403, Marina Wharf Tower 1

Starts from the last sale price (AED 702K, 16 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 702,000
Deposit, UAE resident (20%)
AED 140,400
Deposit, non-resident (40%)
AED 280,800
Monthly over 25 years at 3.7%
AED 2,872

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