2-bed · 1,868 sqftStella Maris Tower, Dubai Marina · 24th floor · completed 2022

2404, Stella Maris Tower

Sold prices and rental history: sold once, by the developer in April 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2404 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 3.59M22 April 2022
Current rentAED 270K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2404, Stella Maris Tower

What is 2404 worth today?

Last sold for AED 3,587,000 in 2022

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1 Sep 2024RentedNew contract
AED 270,000/yr12 months · AED 144 per sqft
1 Sep 2024RentedNew contract
AED 270,000/yr12 months · AED 144 per sqft
22 Apr 2022Sold by developerOff-plan
AED 3,587,000AED 1,920 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,868 sqft
Floor
24th of 50
Parking
B4-28
Developer
Scope Investment
Completed
2022
Service charge
AED 31,100 /yr
Last sold
AED 3.59M · April 2022

About 2404, Stella Maris Tower

2404 is a two-bedroom apartment of 1,868 sqft on the 24th floor of Stella Maris Tower, a 50-storey tower in Dubai Marina completed in 2022 by Scope Investment. The developer sold it on 22 April 2022 for AED 3,587,000, or AED 1,920 per sqft, 15% above the AED 1,669 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 September 2024, is AED 270,000 a year: a gross yield of 7.5% on the 2022 price, before the service charge of about AED 31,100 a year.

Sales and rents for 2404 over time

Sales
Unit 2404, each saleTypical two-bed in Stella Maris Tower
3M4M2021202320252027Typical sale price by year: 2021 AED 2,718,158; 2022 AED 2,954,000; 2023 AED 3,700,000; 2024 AED 3,850,000; 2025 AED 4,024,000; 2026 AED 3,950,000Sold by developer, April 2022: AED 3,587,000 (AED 1,920 per sqft)

2404 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2404, each contractTypical two-bed in Stella Maris Tower
200K250K202220242026Typical rent by year: 2022 AED 190,000; 2023 AED 215,000; 2024 AED 222,500; 2025 AED 230,090; 2026 AED 200,000New contract, September 2024: AED 270,000 a yearNew contract, September 2024: AED 270,000 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 Stella Maris Tower, and where 2404 sits

All 151 2-beds →

2404 last sold in April 2022 at AED 1,920 per sqft, 15% above what two-beds in Stella Maris Tower were fetching at the time (AED 1,669). Over the last 12 months two-beds sold for AED 3,350,000 to 4,600,000, around AED 2,361 per sqft, and rent for AED 80,000 to 400,000 a year. 2404's AED 270,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20263,500,000
8 Jun 20263,850,000
2 Apr 20264,600,000
16 Mar 20263,350,000
11 2-bed sales in the last 12 months

Stella Maris Tower

Building

294 apartments, 1-bed to 4-bed over 50 floors in Dubai Marina, completed in 2022 by Scope Investment. 19 sold in the last 12 months.

Typical price per sqft
AED 2,458 Down 3.7%
Typical sale
AED 3.85M
Typical rent
AED 180K /yr
Typical yield
5.5%
Stella Maris Tower, Dubai Marina: prices, sales and rents →

Other units on the 24th floor

All 294 units in Stella Maris Tower
Value
24012-bedAED 4.13M · Apr 2022
24022-bedAED 4.1M · Dec 2022
24032-bedAED 3.55M · May 2022
24052-bedAED 2.79M · Jun 2022
24062-bedAED 3.82M · Jul 2022

2404, Stella Maris Tower in numbers

  • Sold once: by Scope Investment on 22 April 2022 for AED 3,587,000, or AED 1,920 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, at AED 270,000 a year.
  • At AED 270,000 a year the gross yield on the 2022 price is 7.5%, before a service charge of about AED 31,100 a year (AED 16.63 per sqft).
  • Two-beds in Stella Maris Tower sold for AED 3,350,000–4,600,000 in the 12 months to November 2026; the building's median across all types is AED 2,458 per sqft.

Source: Dubai Land Department. Updated 1 September 2024.

Questions about 2404, Stella Maris Tower

What did unit 2404 last sell for?

AED 3,587,000 on 22 April 2022, sold by the developer: AED 1,920 per sqft for 1,868 sqft. It is the only registered sale of the unit.

What is the rent for unit 2404?

AED 270,000 a year on the contract signed on 1 September 2024. The previous contract, from September 2024, was AED 270,000.

How big is unit 2404?

1,868 sqft (173.5 sqm): a two-bedroom apartment on the 24th floor of a 50-storey tower completed in 2022.

What is unit 2404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Stella Maris Tower sold for AED 3,350,000 to 4,600,000 in the last 12 months, around AED 2,361 per sqft.

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Mortgage on 2404, Stella Maris Tower

Starts from the last sale price (AED 3.59M, 22 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,587,000
Deposit, UAE resident (20%)
AED 717,400
Deposit, non-resident (40%)
AED 1,434,800
Monthly over 25 years at 3.7%
AED 14,676

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