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1-bed · 1,023 sqftThe Belvedere, Dubai Marina · 4th floor · completed 2010

401, The Belvedere

Sold prices and rental history: sold twice, last in May 2016, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 9 April 2017
Last soldAED 880K8 May 2016
Current rentAED 85K /yr9 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 401, The Belvedere

What is 401 worth today?

Last sold for AED 880,000 in 2016

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9 Apr 2017RentedRenewal
AED 85,000/yr12 months · AED 83 per sqft
8 May 2016SoldReady
AED 880,000AED 860 per sqft
9 Apr 2016RentedNew contract
AED 90,000/yr12 months · AED 88 per sqft
10 Apr 2014RentedNew contract
AED 75,000/yr12 months · AED 73 per sqft
12 Mar 2009Sold by developerReady
AED 378,510AED 370 per sqft

Source: Dubai Land Department. Updated 9 April 2017.

Key facts

Type
1-bed apartment
Size
1,023 sqft
Floor
4th of 6
Parking
12
Developer
ETA Star Property Developers
Completed
2010
Service charge
AED 12,300 /yr
Last sold
AED 880K · May 2016
Building
The Belvedere

About 401, The Belvedere

401 is a one-bedroom apartment of 1,023 sqft on the 4th floor of The Belvedere, a 6-storey tower in Dubai Marina completed in 2010 by ETA Star Property Developers. It last sold on 8 May 2016 for AED 880,000, or AED 860 per sqft, in line with the AED 860 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 9 April 2017, is AED 85,000 a year: a gross yield of 9.7% on the 2016 price, before the service charge of about AED 12,300 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical one-bed in The Belvedere
500K1M20082012201620202024Typical sale price by year: 2008 AED 434,593; 2009 AED 302,660; 2013 AED 850,000; 2014 AED 1,097,500; 2016 AED 800,000; 2022 AED 645,000; 2023 AED 795,000Sold by developer, March 2009: AED 378,510 (AED 370 per sqft)Sold, May 2016: AED 880,000 (AED 860 per sqft)

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

Rents
Unit 401, each contractTypical one-bed in The Belvedere
50K75K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 68,000; 2014 AED 84,000; 2015 AED 89,250; 2016 AED 81,250; 2017 AED 78,000; 2018 AED 64,250; 2019 AED 58,000; 2020 AED 48,000; 2021 AED 42,000; 2022 AED 55,000; 2023 AED 67,000; 2024 AED 74,500; 2025 AED 75,000; 2026 AED 80,000New contract, April 2014: AED 75,000 a yearNew contract, April 2016: AED 90,000 a yearRenewal, April 2017: AED 85,000 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 Belvedere, and where 401 sits

All 24 1-beds →

401 last sold in May 2016 at AED 860 per sqft, in line with what one-beds in The Belvedere were fetching at the time (AED 860). Over the last 12 months one-beds sold for AED 1,250,000, around AED 1,018 per sqft, and rent for AED 66,400 to 99,000 a year. 401's AED 85,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Jul 20261,250,000
23 Oct 20251,130,000
15 Aug 2024930,000
6 Mar 20241,100,000
1 1-bed sale in the last 12 months

The Belvedere

Building

60 apartments, 1-bed to 3-bed over 6 floors in Dubai Marina, completed in 2010 by ETA Star Property Developers. 2 sold in the last 12 months.

Typical price per sqft
AED 987
Typical sale
AED 1.34M
Typical rent
AED 102K /yr
Typical yield
7.7%
The Belvedere, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 60 units in The Belvedere
Value
4022-bedAED 1.03M · Feb 2021
4032-bedAED 1.2M · Jul 2011
4043-bedAED 2.4M · Nov 2024
4052-bedAED 1.14M · Jan 2008
4062-bedAED 1.67M · May 2025
4071-bedAED 950K · Oct 2023
4081-bedAED 303K · Dec 2007
1–7 of 8

401, The Belvedere in numbers

  • Sold twice: first on 12 March 2009 for AED 378,510, last on 8 May 2016 for AED 880,000 (AED 860 per sqft).
  • Rented since April 2014 on 3 Ejari contracts, from AED 75,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2016 price is 9.7%, before a service charge of about AED 12,300 a year (AED 12.00 per sqft).
  • One-beds in The Belvedere sold for AED 1,250,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.

Source: Dubai Land Department. Updated 9 April 2017.

Questions about 401, The Belvedere

What did unit 401 last sell for?

AED 880,000 on 8 May 2016: AED 860 per sqft for 1,023 sqft. The unit has 2 registered sales; the first was AED 378,510 in March 2009.

What is the rent for unit 401?

AED 85,000 a year on the contract renewed on 9 April 2017. The previous contract, from April 2016, was AED 90,000; the unit has been rented since April 2014.

How big is unit 401?

1,023 sqft (95.0 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2010.

What is unit 401 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in The Belvedere sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 1,018 per sqft.

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Mortgage on 401, The Belvedere

Starts from the last sale price (AED 880K, 8 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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