2-bed · 1,410 sqftThe Belvedere, Dubai Marina · 4th floor · completed 2010

405, The Belvedere

Sold prices and rental history: sold once, by the developer in January 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 16 October 2021
Last soldAED 1.14M3 January 2008
Current rentAED 72K /yr16 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, The Belvedere

What is 405 worth today?

Last sold for AED 1,135,109 in 2008

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Oct 2021RentedRenewal
AED 72,000/yr12 months · AED 51 per sqft
15 Jul 2020RentedRenewal
AED 78,000/yr12 months · AED 55 per sqft
15 Jul 2019RentedNew contract
AED 85,000/yr12 months · AED 60 per sqft
15 Jul 2017RentedNew contract
AED 96,000/yr12 months · AED 68 per sqft
15 Apr 2016RentedRenewal
AED 125,000/yr12 months · AED 89 per sqft
15 Apr 2015RentedNew contract
AED 125,000/yr12 months · AED 89 per sqft
3 Jan 2008Sold by developerReady
AED 1,135,109AED 805 per sqft

Source: Dubai Land Department. Updated 16 October 2021.

Key facts

Type
2-bed apartment
Size
1,410 sqft
Floor
4th of 6
Parking
07 OP
Developer
ETA Star Property Developers
Completed
2010
Service charge
AED 16,900 /yr
Last sold
AED 1.14M · January 2008

About 405, The Belvedere

405 is a two-bedroom apartment of 1,410 sqft on the 4th floor of The Belvedere, a 6-storey tower in Dubai Marina completed in 2010 by ETA Star Property Developers. The developer sold it on 3 January 2008 for AED 1,135,109, or AED 805 per sqft, 28% above the AED 629 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 16 October 2021, is AED 72,000 a year: a gross yield of 6.3% on the 2008 price, before the service charge of about AED 16,900 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in The Belvedere
1M1.5M2007201220172022Typical 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, January 2008: AED 1,135,109 (AED 805 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in The Belvedere
50K100K2013201720212025Typical 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, April 2015: AED 125,000 a yearRenewal, April 2016: AED 125,000 a yearNew contract, July 2017: AED 96,000 a yearNew contract, July 2019: AED 85,000 a yearRenewal, July 2020: AED 78,000 a yearRenewal, October 2021: AED 72,000 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 405 sits

All 28 2-beds →

405 last sold in January 2008 at AED 805 per sqft, 28% above what two-beds in The Belvedere were fetching at the time (AED 629). 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. 405's AED 72,000 is at the bottom 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
4022-bedAED 1.03M · Feb 2021
4032-bedAED 1.2M · Jul 2011
4043-bedAED 2.4M · Nov 2024
4062-bedAED 1.67M · May 2025
4071-bedAED 950K · Oct 2023
4081-bedAED 303K · Dec 2007
1–7 of 8

405, The Belvedere in numbers

  • Sold once: by ETA Star Property Developers on 3 January 2008 for AED 1,135,109, or AED 805 per sqft.
  • Rented since April 2015 on 6 Ejari contracts, from AED 125,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2008 price is 6.3%, before a service charge of about AED 16,900 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 16 October 2021.

Questions about 405, The Belvedere

What did unit 405 last sell for?

AED 1,135,109 on 3 January 2008, sold by the developer: AED 805 per sqft for 1,410 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 72,000 a year on the contract renewed on 16 October 2021. The previous contract, from July 2020, was AED 78,000; the unit has been rented since April 2015.

How big is unit 405?

1,410 sqft (131.0 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2010.

What is unit 405 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.

Selling 405? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 405, The Belvedere

Starts from the last sale price (AED 1.14M, 3 January 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,135,109
Deposit, UAE resident (20%)
AED 227,022
Deposit, non-resident (40%)
AED 454,044
Monthly over 25 years at 3.7%
AED 4,644

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