2-bed · 1,189 sqftMarina Wharf Tower 1, Dubai Marina · 24th floor · completed 2010

2404, Marina Wharf Tower 1

Sold prices and rental history: sold once, by the developer in September 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 28 September 2015
Last soldAED 1.25M28 September 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Marina Wharf Tower 1

What is 2404 worth today?

Last sold for AED 1,246,000 in 2015

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28 Sep 2015Sold by developerReady
AED 1,246,000AED 1,048 per sqft

Source: Dubai Land Department. Updated 28 September 2015.

Key facts

Type
2-bed apartment
Size
1,189 sqft
Floor
24th of 27
Parking
S-50
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 21,100 /yr
Last sold
AED 1.25M · September 2015

About 2404, Marina Wharf Tower 1

2404 is a two-bedroom apartment of 1,189 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 28 September 2015 for AED 1,246,000, or AED 1,048 per sqft, 21% below the AED 1,334 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2404 over time

Sales
Unit 2404, 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, September 2015: AED 1,246,000 (AED 1,048 per sqft)

2404 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, 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 112,015

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 2404 sits

All 72 2-beds →

2404 last sold in September 2015 at AED 1,048 per sqft, 21% below what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,334). 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.

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 24th floor

All 135 units in Marina Wharf Tower 1
Value
24013-bedAED 2.4M · Apr 2014
24022-bedAED 1.1M · Feb 2016
24031-bedAED 702K · Jun 2013
24053-bedAED 2.5M · Nov 2013

2404, Marina Wharf Tower 1 in numbers

  • Sold once: by Dheeraj & East Coast on 28 September 2015 for AED 1,246,000, or AED 1,048 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 28 September 2015.

Questions about 2404, Marina Wharf Tower 1

What did unit 2404 last sell for?

AED 1,246,000 on 28 September 2015, sold by the developer: AED 1,048 per sqft for 1,189 sqft. It is the only registered sale of the unit.

How big is unit 2404?

1,189 sqft (110.5 sqm): a two-bedroom apartment on the 24th floor of a 27-storey tower completed in 2010.

What is unit 2404 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 2404, Marina Wharf Tower 1

Starts from the last sale price (AED 1.25M, 28 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,246,000
Deposit, UAE resident (20%)
AED 249,200
Deposit, non-resident (40%)
AED 498,400
Monthly over 25 years at 3.7%
AED 5,098

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