2-bed · 1,713 sqftThe Atlantic, Dubai Marina · 14th floor · completed 2014

1401, The Atlantic

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1401 · DLD and Ejari recordsUpdated 15 February 2022
Last soldAED 1.59M27 March 2014
Current rentAED 180K /yr15 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1401, The Atlantic

What is 1401 worth today?

Last sold for AED 1,590,388 in 2014

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15 Feb 2022RentedNew contract
AED 180,000/yr12 months · AED 105 per sqft
20 Nov 2021RentedNew contract
AED 175,000/yr12 months · AED 102 per sqft
1 Jun 2019RentedNew contract
AED 135,000/yr12 months · AED 79 per sqft
1 Jun 2018RentedNew contract
AED 150,000/yr12 months · AED 88 per sqft
11 Apr 2016RentedNew contract
AED 165,000/yr12 months · AED 96 per sqft
5 Feb 2015RentedNew contract
AED 175,000/yr12 months · AED 102 per sqft
27 Mar 2014Sold by developerReady
AED 1,590,388AED 928 per sqft

Source: Dubai Land Department. Updated 15 February 2022.

Key facts

Type
2-bed apartment
Size
1,713 sqft
Floor
14th of 17
Parking
P-27
Developer
Gulf Shores
Completed
2014
Service charge
AED 29,800 /yr
Last sold
AED 1.59M · March 2014
Building
The Atlantic

About 1401, The Atlantic

1401 is a two-bedroom apartment of 1,713 sqft on the 14th floor of The Atlantic, a 17-storey tower in Dubai Marina completed in 2014 by Gulf Shores. The developer sold it on 27 March 2014 for AED 1,590,388, or AED 928 per sqft, in line with the AED 931 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 15 February 2022, is AED 180,000 a year: a gross yield of 11.3% on the 2014 price, before the service charge of about AED 29,800 a year.

Sales and rents for 1401 over time

Sales
Unit 1401, each saleTypical two-bed in The Atlantic
2M3M2011201520192023Typical sale price by year: 2011 AED 1,576,618; 2012 AED 1,628,345; 2013 AED 2,200,000; 2014 AED 1,615,357; 2015 AED 2,635,000; 2021 AED 1,800,000; 2022 AED 2,600,000; 2023 AED 2,937,500; 2024 AED 2,750,000; 2025 AED 3,050,000Sold by developer, March 2014: AED 1,590,388 (AED 928 per sqft)

1401 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1401, each contractTypical two-bed in The Atlantic
100K150K2014201820222026Typical rent by year: 2014 AED 170,000; 2015 AED 170,000; 2016 AED 165,000; 2017 AED 160,000; 2018 AED 142,500; 2019 AED 135,000; 2020 AED 103,500; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 147,500; 2024 AED 155,000; 2025 AED 170,500; 2026 AED 180,000New contract, February 2015: AED 175,000 a yearNew contract, April 2016: AED 165,000 a yearNew contract, June 2018: AED 150,000 a yearNew contract, June 2019: AED 135,000 a yearNew contract, November 2021: AED 175,000 a yearNew contract, February 2022: AED 180,000 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 The Atlantic, and where 1401 sits

All 56 2-beds →

1401 last sold in March 2014 at AED 928 per sqft, in line with what two-beds in The Atlantic were fetching at the time (AED 931). Over the last 12 months two-beds sold for AED 2,500,000 to 3,200,000, around AED 1,783 per sqft, and rent for AED 136,893 to 250,000 a year. 1401's AED 180,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Aug 20263,200,000
24 Jun 20262,500,000
3 Dec 20253,100,000
29 Sep 20252,975,000
3 2-bed sales in the last 12 months

The Atlantic

Building

80 apartments, 1-bed to 3-bed over 17 floors in Dubai Marina, completed in 2014 by Gulf Shores. 4 sold in the last 12 months.

Typical price per sqft
AED 1,797
Typical sale
AED 2.8M
Typical rent
AED 150K /yr
Typical yield
5.3%
The Atlantic, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 80 units in The Atlantic
Value
14022-bedAED 2.64M · Jun 2015
14032-bedAED 2.55M · Nov 2014
14042-bedAED 1.66M · Apr 2014

1401, The Atlantic in numbers

  • Sold once: by Gulf Shores on 27 March 2014 for AED 1,590,388, or AED 928 per sqft.
  • Rented since February 2015 on 6 Ejari contracts. The rent fell from AED 175,000 to AED 135,000 in 2019 and recovered to AED 180,000 by February 2022.
  • At AED 180,000 a year the gross yield on the 2014 price is 11.3%, before a service charge of about AED 29,800 a year (AED 17.37 per sqft).
  • Two-beds in The Atlantic sold for AED 2,500,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,797 per sqft.

Source: Dubai Land Department. Updated 15 February 2022.

Questions about 1401, The Atlantic

What did unit 1401 last sell for?

AED 1,590,388 on 27 March 2014, sold by the developer: AED 928 per sqft for 1,713 sqft. It is the only registered sale of the unit.

What is the rent for unit 1401?

AED 180,000 a year on the contract signed on 15 February 2022. The previous contract, from November 2021, was AED 175,000; the unit has been rented since February 2015.

How big is unit 1401?

1,713 sqft (159.1 sqm): a two-bedroom apartment on the 14th floor of a 17-storey tower completed in 2014.

What is unit 1401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Atlantic sold for AED 2,500,000 to 3,200,000 in the last 12 months, around AED 1,783 per sqft.

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Mortgage on 1401, The Atlantic

Starts from the last sale price (AED 1.59M, 27 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,590,388
Deposit, UAE resident (20%)
AED 318,078
Deposit, non-resident (40%)
AED 636,155
Monthly over 25 years at 3.7%
AED 6,507

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