3-bed · 1,287 sqftMarina Wharf Tower 2, Dubai Marina · 24th floor · completed 2014

2401, Marina Wharf Tower 2

Sold prices and rental history: sold twice, last in June 2013, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2401 · DLD and Ejari recordsUpdated 31 December 2023
Last soldAED 1.7M13 June 2013
Current rentAED 125K /yr31 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2401, Marina Wharf Tower 2

What is 2401 worth today?

Last sold for AED 1,700,000 in 2013

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31 Dec 2023RentedNew contract
AED 125,000/yr12 months · AED 97 per sqft
12 Nov 2021RentedNew contract
AED 95,000/yr12 months · AED 74 per sqft
13 Jun 2013SoldOff-plan
AED 1,700,000AED 1,320 per sqft
31 May 2009Sold by developerOff-plan
AED 1,552,000AED 1,205 per sqft

Source: Dubai Land Department. Updated 31 December 2023.

Key facts

Type
3-bed apartment
Size
1,287 sqft
Floor
24th of 27
Parking
F1-04
Developer
Dheeraj & East Coast
Completed
2014
Service charge
AED 21,700 /yr
Last sold
AED 1.7M · June 2013

About 2401, Marina Wharf Tower 2

2401 is a three-bedroom apartment of 1,287 sqft on the 24th floor of Marina Wharf Tower 2, a 27-storey tower in Dubai Marina completed in 2014 by Dheeraj & East Coast. It last sold on 13 June 2013 for AED 1,700,000, or AED 1,320 per sqft, 13% above the AED 1,172 three-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 31 December 2023, is AED 125,000 a year: a gross yield of 7.3% on the 2013 price, before the service charge of about AED 21,700 a year.

Sales and rents for 2401 over time

Sales
Unit 2401, 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, May 2009: AED 1,552,000 (AED 1,205 per sqft)Sold, June 2013: AED 1,700,000 (AED 1,320 per sqft)

2401 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2401, 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, November 2021: AED 95,000 a yearNew contract, December 2023: AED 125,000 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 2401 sits

All 102 3-beds →

2401 last sold in June 2013 at AED 1,320 per sqft, 13% above what three-beds in Marina Wharf Tower 2 were fetching at the time (AED 1,172). 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. 2401's AED 125,000 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 24th floor

All 166 units in Marina Wharf Tower 2
Value
24023-bedAED 2.19M · Apr 2024
24032-bedAED 1M · Jun 2019
24042-bedAED 1.47M · May 2024
24053-bedAED 1.1M · Feb 2021
24063-bedAED 816K · Jun 2021

2401, Marina Wharf Tower 2 in numbers

  • Sold twice: first on 31 May 2009 for AED 1,552,000, last on 13 June 2013 for AED 1,700,000 (AED 1,320 per sqft).
  • Rented since November 2021 on 2 Ejari contracts, from AED 95,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2013 price is 7.3%, before a service charge of about AED 21,700 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 31 December 2023.

Questions about 2401, Marina Wharf Tower 2

What did unit 2401 last sell for?

AED 1,700,000 on 13 June 2013: AED 1,320 per sqft for 1,287 sqft. The unit has 2 registered sales; the first was AED 1,552,000 in May 2009.

What is the rent for unit 2401?

AED 125,000 a year on the contract signed on 31 December 2023. The previous contract, from November 2021, was AED 95,000.

How big is unit 2401?

1,287 sqft (119.6 sqm): a three-bedroom apartment on the 24th floor of a 27-storey tower completed in 2014.

What is unit 2401 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 2401, Marina Wharf Tower 2

Starts from the last sale price (AED 1.7M, 13 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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