1-bed · 847 sqftThe Atlantic, Dubai Marina · 4th floor · completed 2014

407, The Atlantic

Sold prices and rental history: sold 5 times, last in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 22 May 2024
Last soldAED 1.6M22 May 2024
Current rentAED 80K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, The Atlantic

What is 407 worth today?

Last sold for AED 1,600,000 in 2024

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22 May 2024SoldReady
AED 1,600,000AED 1,889 per sqft
1 Dec 2021RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
1 Dec 2020RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft
24 Sep 2019RentedRenewal
AED 80,000/yr6 months · AED 94 per sqft
24 Sep 2018RentedRenewal
AED 90,000/yr12 months · AED 106 per sqft
24 Sep 2017RentedNew contract
AED 90,000/yr12 months · AED 106 per sqft
28 Jun 2014SoldReady
AED 1,600,000AED 1,889 per sqft
14 Apr 2014SoldReady
AED 822,290AED 971 per sqft

Source: Dubai Land Department. Updated 22 May 2024.

Key facts

Type
1-bed apartment
Size
847 sqft
Floor
4th of 17
Parking
G-22
Developer
Gulf Shores
Completed
2014
Service charge
AED 14,700 /yr
Last sold
AED 1.6M · May 2024
Building
The Atlantic

About 407, The Atlantic

407 is a one-bedroom apartment of 847 sqft on the 4th floor of The Atlantic, a 17-storey tower in Dubai Marina completed in 2014 by Gulf Shores. It last sold on 22 May 2024 for AED 1,600,000, or AED 1,889 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 December 2021, is AED 80,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 14,700 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in The Atlantic
1M1.5M2012201620202024Typical sale price by year: 2013 AED 913,071; 2014 AED 858,471Sold by developer, October 2012: AED 822,290 (AED 971 per sqft)Sold, April 2013: AED 930,000 (AED 1,098 per sqft)Sold, April 2014: AED 822,290 (AED 971 per sqft)Sold, June 2014: AED 1,600,000 (AED 1,889 per sqft)Sold, May 2024: AED 1,600,000 (AED 1,889 per sqft)

407 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, each contractTypical one-bed in The Atlantic
80K100K2014201820222026Typical rent by year: 2014 AED 103,096; 2015 AED 103,000; 2016 AED 103,984; 2017 AED 103,250; 2018 AED 88,750; 2019 AED 77,500; 2020 AED 68,000; 2021 AED 76,500; 2022 AED 69,300; 2023 AED 93,750; 2024 AED 95,000; 2025 AED 97,500; 2026 AED 85,000New contract, September 2017: AED 90,000 a yearRenewal, September 2018: AED 90,000 a yearRenewal, September 2019: AED 80,000 a yearNew contract, December 2020: AED 80,000 a yearNew contract, December 2021: AED 80,000 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 The Atlantic, and where 407 sits

All 18 1-beds →

Over the last 12 months one-beds sold for AED 1,800,000, around AED 2,125 per sqft, and rent for AED 75,000 to 105,000 a year. 407's AED 80,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
13 Nov 20251,800,000
21 May 20241,650,000
18 Jan 20221,210,000
21 Jul 20191,050,000
1 1-bed sale 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 4th floor

All 80 units in The Atlantic
Value
4012-bedAED 1.49M · Apr 2014
4022-bedAED 2.6M · Jul 2016
4032-bedAED 1.63M · Apr 2014
4042-bedAED 2.75M · Jun 2024
4051-bedAED 1.05M · Jul 2019
4061-bedAED 844K · Mar 2014

407, The Atlantic in numbers

  • Sold 5 times: first on 22 October 2012 for AED 822,290, last on 22 May 2024 for AED 1,600,000 (AED 1,889 per sqft).
  • Rented since September 2017 on 5 Ejari contracts, from AED 90,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 14,700 a year (AED 17.37 per sqft).
  • One-beds in The Atlantic sold for AED 1,800,000–1,800,000 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 22 May 2024.

Questions about 407, The Atlantic

What did unit 407 last sell for?

AED 1,600,000 on 22 May 2024: AED 1,889 per sqft for 847 sqft. The unit has 5 registered sales; the first was AED 822,290 in October 2012.

What is the rent for unit 407?

AED 80,000 a year on the contract signed on 1 December 2021. The previous contract, from December 2020, was AED 80,000; the unit has been rented since September 2017.

How big is unit 407?

847 sqft (78.7 sqm): a one-bedroom apartment on the 4th floor of a 17-storey tower completed in 2014.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Atlantic sold for AED 1,800,000 to 1,800,000 in the last 12 months, around AED 2,125 per sqft.

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Mortgage on 407, The Atlantic

Starts from the last sale price (AED 1.6M, 22 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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