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

1402, The Atlantic

Sold prices and rental history: sold twice, last in June 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 30 June 2015
Last soldAED 2.64M30 June 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, The Atlantic

What is 1402 worth today?

Last sold for AED 2,635,000 in 2015

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30 Jun 2015SoldReady
AED 2,635,000AED 1,537 per sqft
11 Jun 2014Sold by developerReady
AED 1,590,388AED 928 per sqft

Source: Dubai Land Department. Updated 30 June 2015.

Key facts

Type
2-bed apartment
Size
1,713 sqft
Floor
14th of 17
Parking
P-36
Developer
Gulf Shores
Completed
2014
Service charge
AED 29,800 /yr
Last sold
AED 2.64M · June 2015
Building
The Atlantic

About 1402, The Atlantic

1402 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. It last sold on 30 June 2015 for AED 2,635,000, or AED 1,537 per sqft, 69% above the AED 907 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1402 over time

Sales
Unit 1402, 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, June 2014: AED 1,590,388 (AED 928 per sqft)Sold, June 2015: AED 2,635,000 (AED 1,537 per sqft)

1402 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1402, 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 180,000

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 1402 sits

All 56 2-beds →

1402 last sold in June 2015 at AED 1,537 per sqft, 69% above what two-beds in The Atlantic were fetching at the time (AED 907). 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.

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
14012-bedAED 1.59M · Mar 2014
14032-bedAED 2.55M · Nov 2014
14042-bedAED 1.66M · Apr 2014

1402, The Atlantic in numbers

  • Sold twice: first on 11 June 2014 for AED 1,590,388, last on 30 June 2015 for AED 2,635,000 (AED 1,537 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 30 June 2015.

Questions about 1402, The Atlantic

What did unit 1402 last sell for?

AED 2,635,000 on 30 June 2015: AED 1,537 per sqft for 1,713 sqft. The unit has 2 registered sales; the first was AED 1,590,388 in June 2014.

How big is unit 1402?

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 1402 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 1402, The Atlantic

Starts from the last sale price (AED 2.64M, 30 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,635,000
Deposit, UAE resident (20%)
AED 527,000
Deposit, non-resident (40%)
AED 1,054,000
Monthly over 25 years at 3.7%
AED 10,781

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