2-bed · 1,528 sqftThe Belvedere, Dubai Marina · 4th floor · completed 2010

402, The Belvedere

Sold prices and rental history: sold 3 times, last in February 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 28 February 2021
Last soldAED 1.03M28 February 2021
Current rentAED 95K /yr1 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, The Belvedere

What is 402 worth today?

Last sold for AED 1,030,000 in 2021

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28 Feb 2021SoldReady
AED 1,030,000AED 674 per sqft
1 Jun 2018RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft
1 May 2016RentedNew contract
AED 130,000/yr12 months · AED 85 per sqft
1 Feb 2016RentedRenewal
AED 137,500/yr12 months · AED 90 per sqft
1 Feb 2015RentedNew contract
AED 125,000/yr12 months · AED 82 per sqft
12 Mar 2014SoldReady
AED 1,600,000AED 1,047 per sqft
10 Jan 2014RentedNew contract
AED 82,000/yr12 months · AED 54 per sqft
10 Jan 2013RentedNew contract
AED 82,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 28 February 2021.

Key facts

Type
2-bed apartment
Size
1,528 sqft
Floor
4th of 6
Parking
15
Developer
ETA Star Property Developers
Completed
2010
Service charge
AED 18,300 /yr
Last sold
AED 1.03M · February 2021

About 402, The Belvedere

402 is a two-bedroom apartment of 1,528 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 28 February 2021 for AED 1,030,000, or AED 674 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 June 2018, is AED 95,000 a year: a gross yield of 9.2% on the 2021 price, before the service charge of about AED 18,300 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in The Belvedere
1M2007201220172022Typical sale price by year: 2007 AED 956,159; 2008 AED 921,875; 2009 AED 749,850; 2012 AED 850,080; 2013 AED 1,121,000; 2014 AED 1,671,800; 2015 AED 1,500,000; 2021 AED 824,000; 2022 AED 952,500; 2024 AED 1,450,000; 2025 AED 1,402,500Sold by developer, March 2009: AED 565,360 (AED 369 per sqft)Sold, March 2014: AED 1,600,000 (AED 1,047 per sqft)Sold, February 2021: AED 1,030,000 (AED 674 per sqft)

402 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 402, each contractTypical two-bed in The Belvedere
50K100K150K2013201720212025Typical rent by year: 2013 AED 85,500; 2014 AED 114,625; 2015 AED 125,000; 2016 AED 125,508; 2017 AED 105,135; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 72,000; 2021 AED 60,500; 2022 AED 80,000; 2023 AED 90,000; 2024 AED 105,800; 2025 AED 113,000; 2026 AED 105,000New contract, January 2013: AED 82,000 a yearNew contract, January 2014: AED 82,000 a yearNew contract, February 2015: AED 125,000 a yearRenewal, February 2016: AED 137,500 a yearNew contract, May 2016: AED 130,000 a yearNew contract, June 2018: AED 95,000 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 Belvedere, and where 402 sits

All 28 2-beds →

Over the last 12 months two-beds sold for AED 1,430,000, around AED 955 per sqft, and rent for AED 90,000 to 280,000 a year. 402's AED 95,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Nov 20251,430,000
13 May 20251,670,000
27 Jan 20251,375,000
27 Jan 20251,300,000
1 2-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
4011-bedAED 880K · May 2016
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

402, The Belvedere in numbers

  • Sold 3 times: first on 19 March 2009 for AED 565,360, last on 28 February 2021 for AED 1,030,000 (AED 674 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 82,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2021 price is 9.2%, before a service charge of about AED 18,300 a year (AED 12.00 per sqft).
  • Two-beds in The Belvedere sold for AED 1,430,000–1,430,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.

Source: Dubai Land Department. Updated 28 February 2021.

Questions about 402, The Belvedere

What did unit 402 last sell for?

AED 1,030,000 on 28 February 2021: AED 674 per sqft for 1,528 sqft. The unit has 3 registered sales; the first was AED 565,360 in March 2009.

What is the rent for unit 402?

AED 95,000 a year on the contract signed on 1 June 2018. The previous contract, from May 2016, was AED 130,000; the unit has been rented since January 2013.

How big is unit 402?

1,528 sqft (142.0 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2010.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Belvedere sold for AED 1,430,000 to 1,430,000 in the last 12 months, around AED 955 per sqft.

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Mortgage on 402, The Belvedere

Starts from the last sale price (AED 1.03M, 28 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,030,000
Deposit, UAE resident (20%)
AED 206,000
Deposit, non-resident (40%)
AED 412,000
Monthly over 25 years at 3.7%
AED 4,214

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