1-bed · 721 sqftStudio One, Dubai Marina · 24th floor · completed 2019

2406, Studio One

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 21 September 2022
Last soldAED 1.39M14 September 2022
Current rentAED 83K /yr21 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2406, Studio One

What is 2406 worth today?

Last sold for AED 1,390,000 in 2022

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21 Sep 2022RentedNew contract
AED 82,500/yr6 months · AED 114 per sqft
14 Sep 2022SoldReady
AED 1,390,000AED 1,928 per sqft
22 Mar 2022RentedRenewal
AED 82,500/yr12 months · AED 114 per sqft
22 Mar 2021RentedRenewal
AED 82,500/yr12 months · AED 114 per sqft
22 Mar 2020RentedNew contract
AED 90,000/yr12 months · AED 125 per sqft
18 Jan 2017Sold by developerOff-plan
AED 1,207,450AED 1,675 per sqft

Source: Dubai Land Department. Updated 21 September 2022.

Key facts

Type
1-bed apartment
Size
721 sqft
Floor
24th of 31
Parking
B1-070
Developer
Select Global Development
Completed
2019
Service charge
AED 11,600 /yr
Last sold
AED 1.39M · September 2022
Building
Studio One

About 2406, Studio One

2406 is a one-bedroom apartment of 721 sqft on the 24th floor of Studio One, a 31-storey tower in Dubai Marina completed in 2019 by Select Global Development. It last sold on 14 September 2022 for AED 1,390,000, or AED 1,928 per sqft, 22% above the AED 1,575 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 21 September 2022, is AED 82,500 a year: a gross yield of 5.9% on the 2022 price, before the service charge of about AED 11,600 a year.

Sales and rents for 2406 over time

Sales
Unit 2406, each saleTypical one-bed in Studio One
1M1.25M2016201920222025Typical sale price by year: 2016 AED 961,000; 2017 AED 1,107,000; 2018 AED 1,025,770; 2019 AED 1,098,500; 2020 AED 955,000; 2021 AED 939,480; 2022 AED 1,180,000; 2023 AED 1,275,000; 2024 AED 1,400,000; 2025 AED 1,375,000; 2026 AED 1,350,000Sold by developer, January 2017: AED 1,207,450 (AED 1,675 per sqft)Sold, September 2022: AED 1,390,000 (AED 1,928 per sqft)

2406 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2406, each contractTypical one-bed in Studio One
60K80K100K20192021202320252027Typical rent by year: 2019 AED 70,000; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 83,750; 2024 AED 95,000; 2025 AED 103,400; 2026 AED 85,000New contract, March 2020: AED 90,000 a yearRenewal, March 2021: AED 82,500 a yearRenewal, March 2022: AED 82,500 a yearNew contract, September 2022: AED 82,500 a year

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

1-beds in Studio One, and where 2406 sits

All 160 1-beds →

2406 last sold in September 2022 at AED 1,928 per sqft, 22% above what one-beds in Studio One were fetching at the time (AED 1,575). Over the last 12 months one-beds sold for AED 1,070,000 to 1,840,000, around AED 2,131 per sqft, and rent for AED 55,000 to 120,000 a year. 2406's AED 82,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,180,000
27 Oct 20261,530,000
19 Oct 20261,275,000
27 Aug 20261,300,000
13 1-bed sales in the last 12 months

Studio One

Building

405 apartments, studios to 2-bed over 31 floors in Dubai Marina, completed in 2019 by Select Global Development. 33 sold in the last 12 months.

Typical price per sqft
AED 2,198 Down 8.3%
Typical sale
AED 1.4M
Typical rent
AED 80K /yr
Typical yield
6.5%
Studio One, Dubai Marina: prices, sales and rents →

Other units on the 24th floor

All 405 units in Studio One
Value
24011-bedAED 966K · Jan 2017
2402StudioAED 1.27M · Sep 2024
24031-bedAED 1.75M · May 2024
2404StudioAED 1.2M · Sep 2025
2405StudioAED 1.3M · Jan 2026
24072-bedAED 1.63M · Jun 2024
24082-bedAED 1.4M · Oct 2017
1–7 of 13

2406, Studio One in numbers

  • Sold twice: first on 18 January 2017 for AED 1,207,450, last on 14 September 2022 for AED 1,390,000 (AED 1,928 per sqft).
  • Rented since March 2020 on 4 Ejari contracts, from AED 90,000 to AED 82,500 a year.
  • At AED 82,500 a year the gross yield on the 2022 price is 5.9%, before a service charge of about AED 11,600 a year (AED 16.08 per sqft).
  • One-beds in Studio One sold for AED 1,070,000–1,840,000 in the 12 months to November 2026; the building's median across all types is AED 2,198 per sqft.

Source: Dubai Land Department. Updated 21 September 2022.

Questions about 2406, Studio One

What did unit 2406 last sell for?

AED 1,390,000 on 14 September 2022: AED 1,928 per sqft for 721 sqft. The unit has 2 registered sales; the first was AED 1,207,450 in January 2017.

What is the rent for unit 2406?

AED 82,500 a year on the contract signed on 21 September 2022. The previous contract, from March 2022, was AED 82,500; the unit has been rented since March 2020.

How big is unit 2406?

721 sqft (67.0 sqm): a one-bedroom apartment on the 24th floor of a 31-storey tower completed in 2019.

What is unit 2406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Studio One sold for AED 1,070,000 to 1,840,000 in the last 12 months, around AED 2,131 per sqft.

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Mortgage on 2406, Studio One

Starts from the last sale price (AED 1.39M, 14 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,390,000
Deposit, UAE resident (20%)
AED 278,000
Deposit, non-resident (40%)
AED 556,000
Monthly over 25 years at 3.7%
AED 5,687

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