3-bed · 1,256 sqftMarina Wharf Tower 2, Dubai Marina · 14th floor · completed 2014

1406, Marina Wharf Tower 2

Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 10 September 2022
Last soldAED 1.35M16 June 2021
Current rentAED 98K /yr10 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Marina Wharf Tower 2

What is 1406 worth today?

Last sold for AED 1,350,000 in 2021

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10 Sep 2022RentedRenewal
AED 98,400/yr12 months · AED 78 per sqft
9 Sep 2021RentedNew contract
AED 81,773/yr12 months · AED 65 per sqft
16 Jun 2021SoldReady
AED 1,350,000AED 1,074 per sqft
10 Aug 2020RentedRenewal
AED 82,000/yr13 months · AED 65 per sqft
10 Aug 2019RentedNew contract
AED 90,000/yr12 months · AED 71 per sqft
11 Jan 2012Sold by developerOff-plan
AED 1,504,000AED 1,197 per sqft

Source: Dubai Land Department. Updated 10 September 2022.

Key facts

Type
3-bed apartment
Size
1,256 sqft
Floor
14th of 27
Parking
B1-35
Developer
Dheeraj & East Coast
Completed
2014
Service charge
AED 21,200 /yr
Last sold
AED 1.35M · June 2021

About 1406, Marina Wharf Tower 2

1406 is a three-bedroom apartment of 1,256 sqft on the 14th floor of Marina Wharf Tower 2, a 27-storey tower in Dubai Marina completed in 2014 by Dheeraj & East Coast. It last sold on 16 June 2021 for AED 1,350,000, or AED 1,074 per sqft, 22% above the AED 883 three-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 10 September 2022, is AED 98,400 a year: a gross yield of 7.3% on the 2021 price, before the service charge of about AED 21,200 a year.

Sales and rents for 1406 over time

Sales
Unit 1406, each saleTypical three-bed in Marina Wharf Tower 2
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,416,000; 2012 AED 1,512,000; 2013 AED 1,562,500; 2014 AED 1,900,000; 2018 AED 1,416,000; 2019 AED 1,412,360; 2020 AED 1,100,000; 2021 AED 1,225,000; 2022 AED 1,560,000; 2023 AED 2,050,000; 2024 AED 2,132,000; 2025 AED 2,050,000Sold by developer, January 2012: AED 1,504,000 (AED 1,197 per sqft)Sold, June 2021: AED 1,350,000 (AED 1,074 per sqft)

1406 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1406, each contractTypical three-bed in Marina Wharf Tower 2
100K150K2018202120242027Typical rent by year: 2018 AED 97,500; 2019 AED 90,000; 2020 AED 85,000; 2021 AED 93,500; 2022 AED 100,000; 2023 AED 125,000; 2024 AED 145,000; 2025 AED 145,000; 2026 AED 133,000New contract, August 2019: AED 90,000 a yearRenewal, August 2020: AED 82,000 a yearNew contract, September 2021: AED 81,773 a yearRenewal, September 2022: AED 98,400 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marina Wharf Tower 2, and where 1406 sits

All 102 3-beds →

1406 last sold in June 2021 at AED 1,074 per sqft, 22% above what three-beds in Marina Wharf Tower 2 were fetching at the time (AED 883). Over the last 12 months three-beds sold for AED 2,000,000 to 2,250,000, around AED 1,677 per sqft, and rent for AED 95,000 to 340,413 a year. 1406's AED 98,400 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Feb 20262,000,000
9 Jan 20262,250,000
7 Jul 20252,200,000
18 May 20252,100,000
2 3-bed sales in the last 12 months

Marina Wharf Tower 2

Building

166 apartments, studios to 3-bed over 27 floors in Dubai Marina, completed in 2014 by Dheeraj & East Coast. 7 sold in the last 12 months.

Typical price per sqft
AED 1,748
Typical sale
AED 1.5M
Typical rent
AED 130K /yr
Typical yield
6.2%
Marina Wharf Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 166 units in Marina Wharf Tower 2
Value
14013-bedAED 1.5M · Jun 2009
14023-bedAED 1.37M · Apr 2018
14032-bedAED 889K · May 2009
14042-bedAED 1.44M · May 2025
14053-bedAED 1.29M · Jun 2009

1406, Marina Wharf Tower 2 in numbers

  • Sold twice: first on 11 January 2012 for AED 1,504,000, last on 16 June 2021 for AED 1,350,000 (AED 1,074 per sqft).
  • Rented since August 2019 on 4 Ejari contracts, from AED 90,000 to AED 98,400 a year.
  • At AED 98,400 a year the gross yield on the 2021 price is 7.3%, before a service charge of about AED 21,200 a year (AED 16.88 per sqft).
  • Three-beds in Marina Wharf Tower 2 sold for AED 2,000,000–2,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,748 per sqft.

Source: Dubai Land Department. Updated 10 September 2022.

Questions about 1406, Marina Wharf Tower 2

What did unit 1406 last sell for?

AED 1,350,000 on 16 June 2021: AED 1,074 per sqft for 1,256 sqft. The unit has 2 registered sales; the first was AED 1,504,000 in January 2012.

What is the rent for unit 1406?

AED 98,400 a year on the contract renewed on 10 September 2022. The previous contract, from September 2021, was AED 81,773; the unit has been rented since August 2019.

How big is unit 1406?

1,256 sqft (116.7 sqm): a three-bedroom apartment on the 14th floor of a 27-storey tower completed in 2014.

What is unit 1406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Wharf Tower 2 sold for AED 2,000,000 to 2,250,000 in the last 12 months, around AED 1,677 per sqft.

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Mortgage on 1406, Marina Wharf Tower 2

Starts from the last sale price (AED 1.35M, 16 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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