2-bed · 1,181 sqftMarina Wharf Tower 1, Dubai Marina · 4th floor · completed 2010

406, Marina Wharf Tower 1

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

Unit 406 · DLD and Ejari recordsUpdated 28 February 2026
Last soldAED 1.38M23 September 2012
Current rentAED 112K /yr28 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Marina Wharf Tower 1

What is 406 worth today?

Last sold for AED 1,384,240 in 2012

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28 Feb 2026RentedRenewal
AED 112,015/yr12 months · AED 95 per sqft
28 Feb 2024RentedRenewal
AED 104,710/yr24 months · AED 89 per sqft
28 Feb 2024RentedRenewal
AED 104,710/yr24 months · AED 89 per sqft
28 Feb 2022RentedRenewal
AED 44,275/yr24 months · AED 38 per sqft
28 Feb 2021RentedRenewal
AED 70,000/yr12 months · AED 59 per sqft
28 Feb 2020RentedNew contract
AED 74,000/yr12 months · AED 63 per sqft
31 Oct 2018RentedNew contract
AED 120,000/yr12 months · AED 102 per sqft
31 Oct 2017RentedNew contract
AED 120,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 28 February 2026.

Key facts

Type
2-bed apartment
Size
1,181 sqft
Floor
4th of 27
Parking
S-6
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 21,000 /yr
Last sold
AED 1.38M · September 2012

About 406, Marina Wharf Tower 1

406 is a two-bedroom apartment of 1,181 sqft on the 4th 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 23 September 2012 for AED 1,384,240, or AED 1,172 per sqft, 16% above the AED 1,011 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 28 February 2026, is AED 112,015 a year: a gross yield of 8.1% on the 2012 price, before the service charge of about AED 21,000 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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 2012: AED 1,384,240 (AED 1,172 per sqft)

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

Rents
Unit 406, each contractTypical two-bed in Marina Wharf Tower 1
50K100K2012201620202024Typical 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, October 2015: AED 115,000 a yearNew contract, October 2017: AED 120,000 a yearNew contract, October 2018: AED 120,000 a yearNew contract, February 2020: AED 74,000 a yearRenewal, February 2021: AED 70,000 a yearRenewal, February 2022: AED 44,275 a yearRenewal, February 2024: AED 104,710 a yearRenewal, February 2024: AED 104,710 a yearRenewal, February 2026: AED 112,015 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 406 sits

All 72 2-beds →

406 last sold in September 2012 at AED 1,172 per sqft, 16% above what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,011). 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. 406's AED 112,015 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
4052-bedAED 1.1M · Nov 2020

406, Marina Wharf Tower 1 in numbers

  • Sold once: by Dheeraj & East Coast on 23 September 2012 for AED 1,384,240, or AED 1,172 per sqft.
  • Rented since October 2015 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 44,275 in 2022 and recovered to AED 112,015 by February 2026.
  • At AED 112,015 a year the gross yield on the 2012 price is 8.1%, 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 28 February 2026.

Questions about 406, Marina Wharf Tower 1

What did unit 406 last sell for?

AED 1,384,240 on 23 September 2012, sold by the developer: AED 1,172 per sqft for 1,181 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 112,015 a year on the contract renewed on 28 February 2026. The previous contract, from February 2024, was AED 104,710; the unit has been rented since October 2015.

How big is unit 406?

1,181 sqft (109.7 sqm): a two-bedroom apartment on the 4th floor of a 27-storey tower completed in 2010.

What is unit 406 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 406, Marina Wharf Tower 1

Starts from the last sale price (AED 1.38M, 23 September 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,384,240
Deposit, UAE resident (20%)
AED 276,848
Deposit, non-resident (40%)
AED 553,696
Monthly over 25 years at 3.7%
AED 5,663

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