Studio · 455 sqftSkyview Tower, Dubai Marina · 14th floor · completed 2011

1408, Skyview Tower

Sold prices and rental history: sold 3 times, last in April 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 18 April 2024
Last soldAED 920K18 April 2024
Current rentAED 53K /yr9 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Skyview Tower

What is 1408 worth today?

Last sold for AED 920,000 in 2024

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18 Apr 2024SoldReady
AED 920,000AED 2,022 per sqft
9 Sep 2022RentedNew contract
AED 52,500/yr12 months · AED 116 per sqft
2 Aug 2021RentedNew contract
AED 40,000/yr13 months · AED 88 per sqft
6 Apr 2019RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
17 Apr 2014SoldOff-plan
AED 920,000AED 2,022 per sqft
22 Jun 2010Sold by developerOff-plan
AED 473,100AED 1,040 per sqft

Source: Dubai Land Department. Updated 18 April 2024.

Key facts

Type
Studio apartment
Size
455 sqft
Floor
14th of 31
Parking
P4-14
Developer
Halcon Real Estate Development
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 920K · April 2024

About 1408, Skyview Tower

1408 is a studio of 455 sqft on the 14th floor of Skyview Tower, a 31-storey tower in Dubai Marina completed in 2011 by Halcon Real Estate Development. It last sold on 18 April 2024 for AED 920,000, or AED 2,022 per sqft, 5% above the AED 1,925 studios in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 9 September 2022, is AED 52,500 a year: a gross yield of 5.7% on the 2024 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical studio in Skyview Tower
500K750K1M2010201420182022Typical sale price by year: 2010 AED 540,000; 2011 AED 620,000; 2012 AED 442,300; 2013 AED 670,000; 2014 AED 852,500; 2016 AED 791,000; 2017 AED 800,000; 2022 AED 750,000; 2023 AED 765,000; 2024 AED 925,000Sold by developer, June 2010: AED 473,100 (AED 1,040 per sqft)Sold, April 2014: AED 920,000 (AED 2,022 per sqft)Sold, April 2024: AED 920,000 (AED 2,022 per sqft)

1408 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1408, each contractTypical studio in Skyview Tower
40K60K2018202120242027Typical rent by year: 2018 AED 61,000; 2019 AED 50,000; 2020 AED 40,000; 2021 AED 41,700; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 68,000; 2025 AED 66,000; 2026 AED 60,000New contract, April 2019: AED 60,000 a yearNew contract, August 2021: AED 40,000 a yearNew contract, September 2022: AED 52,500 a year

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

Studios in Skyview Tower, and where 1408 sits

All 40 studios →

1408 last sold in April 2024 at AED 2,022 per sqft, 5% above what studios in Skyview Tower were fetching at the time (AED 1,925). Over the last 12 months studios sold for AED 1,200,000, around AED 2,641 per sqft, and rent for AED 50,000 to 70,000 a year. 1408's AED 52,500 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Jul 202631,069
10 Mar 20261,200,000
21 Jan 202619,354
21 Oct 20251,060,000
3 studio sales in the last 12 months

Skyview Tower

Building

189 apartments, studios to 7-bed over 31 floors in Dubai Marina, completed in 2011 by Halcon Real Estate Development. 18 sold in the last 12 months.

Typical price per sqft
AED 1,469 Down 0.9%
Typical sale
AED 1.91M
Typical rent
AED 105K /yr
Typical yield
7.5%
Skyview Tower, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 189 units in Skyview Tower
Value
14011-bedAED 1.52M · Mar 2014
14021-bedAED 1.55M · Sep 2025
14031-bedAED 1.15M · Jun 2010
14041-bedAED 1.2M · Sep 2023
14051-bedAED 1.3M · Feb 2014
14061-bedAED 675K · Jun 2010
14071-bedAED 1.3M · Oct 2013
1–7 of 10

1408, Skyview Tower in numbers

  • Sold 3 times: first on 22 June 2010 for AED 473,100, last on 18 April 2024 for AED 920,000 (AED 2,022 per sqft).
  • Rented since April 2019 on 3 Ejari contracts. The rent fell from AED 60,000 to AED 40,000 in 2021 and recovered to AED 52,500 by September 2022.
  • At AED 52,500 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 9,900 a year (AED 21.73 per sqft).
  • Studios in Skyview Tower sold for AED 1,200,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,469 per sqft.

Source: Dubai Land Department. Updated 18 April 2024.

Questions about 1408, Skyview Tower

What did unit 1408 last sell for?

AED 920,000 on 18 April 2024: AED 2,022 per sqft for 455 sqft. The unit has 3 registered sales; the first was AED 473,100 in June 2010.

What is the rent for unit 1408?

AED 52,500 a year on the contract signed on 9 September 2022. The previous contract, from August 2021, was AED 40,000; the unit has been rented since April 2019.

How big is unit 1408?

455 sqft (42.3 sqm): a studio on the 14th floor of a 31-storey tower completed in 2011.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Skyview Tower sold for AED 1,200,000 to 1,200,000 in the last 12 months, around AED 2,641 per sqft.

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Mortgage on 1408, Skyview Tower

Starts from the last sale price (AED 920K, 18 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

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