2-bed · 1,439 sqftMarina Wharf Tower 1, Dubai Marina · 4th floor · completed 2010

405, Marina Wharf Tower 1

Sold prices and rental history: sold 3 times, last in November 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 2 November 2020
Last soldAED 1.1M2 November 2020
Current rentAED 120K /yr1 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Marina Wharf Tower 1

What is 405 worth today?

Last sold for AED 1,100,000 in 2020

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2 Nov 2020SoldReady
AED 1,100,000AED 764 per sqft
1 Mar 2019RentedRenewal
AED 120,000/yr12 months · AED 83 per sqft
1 Oct 2018RentedRenewal
AED 120,000/yr5 months · AED 83 per sqft
16 Feb 2016RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft
1 Dec 2013RentedNew contract
AED 130,000/yr12 months · AED 90 per sqft
16 Jan 2013SoldReady
AED 1,460,000AED 1,014 per sqft
13 Jan 2013Sold by developerReady
AED 1,199,450AED 833 per sqft

Source: Dubai Land Department. Updated 2 November 2020.

Key facts

Type
2-bed apartment
Size
1,439 sqft
Floor
4th of 27
Parking
S-5
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 25,600 /yr
Last sold
AED 1.1M · November 2020

About 405, Marina Wharf Tower 1

405 is a two-bedroom apartment of 1,439 sqft on the 4th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. It last sold on 2 November 2020 for AED 1,100,000, or AED 764 per sqft.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 March 2019, is AED 120,000 a year: a gross yield of 10.9% on the 2020 price, before the service charge of about AED 25,600 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, January 2013: AED 1,460,000 (AED 1,014 per sqft)Sold by developer, January 2013: AED 1,199,450 (AED 833 per sqft)Sold, November 2020: AED 1,100,000 (AED 764 per sqft)

405 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 405, 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, December 2013: AED 130,000 a yearNew contract, February 2016: AED 120,000 a yearRenewal, October 2018: AED 120,000 a yearRenewal, March 2019: AED 120,000 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 405 sits

All 72 2-beds →

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. 405's AED 120,000 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 4th floor

All 135 units in Marina Wharf Tower 1
Value
4012-bedAED 1.76M · Jun 2025
4022-bedAED 1.16M · May 2013
4031-bedAED 1.24M · Jul 2011
4041-bedAED 1.15M · Jul 2011
4062-bedAED 1.38M · Sep 2012

405, Marina Wharf Tower 1 in numbers

  • Sold 3 times: first on 13 January 2013 for AED 1,199,450, last on 2 November 2020 for AED 1,100,000 (AED 764 per sqft).
  • Rented since December 2013 on 4 Ejari contracts, from AED 130,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2020 price is 10.9%, 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 2 November 2020.

Questions about 405, Marina Wharf Tower 1

What did unit 405 last sell for?

AED 1,100,000 on 2 November 2020: AED 764 per sqft for 1,439 sqft. The unit has 3 registered sales; the first was AED 1,199,450 in January 2013.

What is the rent for unit 405?

AED 120,000 a year on the contract renewed on 1 March 2019. The previous contract, from October 2018, was AED 120,000; the unit has been rented since December 2013.

How big is unit 405?

1,439 sqft (133.7 sqm): a two-bedroom apartment on the 4th floor of a 27-storey tower completed in 2010.

What is unit 405 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 405, Marina Wharf Tower 1

Starts from the last sale price (AED 1.1M, 2 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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