2-bed · 834 sqftStudio One, Dubai Marina · 24th floor · completed 2019

2407, Studio One

Sold prices and rental history: sold twice, last in June 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2407 · DLD and Ejari recordsUpdated 19 June 2024
Last soldAED 1.63M19 June 2024
Current rentAED 90K /yr4 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2407, Studio One

What is 2407 worth today?

Last sold for AED 1,630,000 in 2024

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19 Jun 2024SoldReady
AED 1,630,000AED 1,953 per sqft
4 Jul 2022RentedNew contract
AED 90,000/yr12 months · AED 107 per sqft
8 Jul 2021RentedNew contract
AED 87,000/yr12 months · AED 104 per sqft
17 Jun 2020RentedNew contract
AED 80,000/yr12 months · AED 95 per sqft
29 Mar 2017Sold by developerOff-plan
AED 1,446,000AED 1,733 per sqft

Source: Dubai Land Department. Updated 19 June 2024.

Key facts

Type
2-bed apartment
Size
834 sqft
Floor
24th of 31
Parking
B1-153
Developer
Select Global Development
Completed
2019
Service charge
AED 13,400 /yr
Last sold
AED 1.63M · June 2024
Building
Studio One

About 2407, Studio One

2407 is a two-bedroom apartment of 834 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 19 June 2024 for AED 1,630,000, or AED 1,953 per sqft, in line with the AED 1,965 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 4 July 2022, is AED 90,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 13,400 a year.

Sales and rents for 2407 over time

Sales
Unit 2407, each saleTypical two-bed in Studio One
1M1.5M2M2016201920222025Typical sale price by year: 2016 AED 1,749,000; 2017 AED 1,410,500; 2018 AED 1,366,000; 2019 AED 1,367,000; 2020 AED 1,037,500; 2021 AED 1,273,458; 2022 AED 1,460,000; 2023 AED 1,640,000; 2024 AED 1,900,000; 2025 AED 2,000,000; 2026 AED 2,050,000Sold by developer, March 2017: AED 1,446,000 (AED 1,733 per sqft)Sold, June 2024: AED 1,630,000 (AED 1,953 per sqft)

2407 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2407, each contractTypical two-bed in Studio One
75K100K125K20192021202320252027Typical rent by year: 2019 AED 100,000; 2020 AED 80,000; 2021 AED 83,000; 2022 AED 97,500; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 135,000; 2026 AED 116,185New contract, June 2020: AED 80,000 a yearNew contract, July 2021: AED 87,000 a yearNew contract, July 2022: AED 90,000 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 Studio One, and where 2407 sits

All 85 2-beds →

2407 last sold in June 2024 at AED 1,953 per sqft, in line with what two-beds in Studio One were fetching at the time (AED 1,965). Over the last 12 months two-beds sold for AED 1,700,000 to 2,300,000, around AED 2,037 per sqft, and rent for AED 75,000 to 205,000 a year. 2407's AED 90,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Jun 20261,700,000
22 Apr 20262,300,000
6 Apr 20262,000,000
12 Feb 20262,300,000
9 2-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
24061-bedAED 1.39M · Sep 2022
24082-bedAED 1.4M · Oct 2017
1–7 of 13

2407, Studio One in numbers

  • Sold twice: first on 29 March 2017 for AED 1,446,000, last on 19 June 2024 for AED 1,630,000 (AED 1,953 per sqft).
  • Rented since June 2020 on 3 Ejari contracts, from AED 80,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 13,400 a year (AED 16.08 per sqft).
  • Two-beds in Studio One sold for AED 1,700,000–2,300,000 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 19 June 2024.

Questions about 2407, Studio One

What did unit 2407 last sell for?

AED 1,630,000 on 19 June 2024: AED 1,953 per sqft for 834 sqft. The unit has 2 registered sales; the first was AED 1,446,000 in March 2017.

What is the rent for unit 2407?

AED 90,000 a year on the contract signed on 4 July 2022. The previous contract, from July 2021, was AED 87,000; the unit has been rented since June 2020.

How big is unit 2407?

834 sqft (77.5 sqm): a two-bedroom apartment on the 24th floor of a 31-storey tower completed in 2019.

What is unit 2407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Studio One sold for AED 1,700,000 to 2,300,000 in the last 12 months, around AED 2,037 per sqft.

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Mortgage on 2407, Studio One

Starts from the last sale price (AED 1.63M, 19 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,630,000
Deposit, UAE resident (20%)
AED 326,000
Deposit, non-resident (40%)
AED 652,000
Monthly over 25 years at 3.7%
AED 6,669

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