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1-bed · 818 sqftThe Belvedere, Dubai Marina · 4th floor · completed 2010

409, The Belvedere

Sold prices and rental history: sold 3 times, last in May 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 12 May 2016
Last soldAED 760K12 May 2016
Current rentAED 49K /yr1 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 409, The Belvedere

What is 409 worth today?

Last sold for AED 760,000 in 2016

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12 May 2016SoldReady
AED 760,000AED 929 per sqft
1 Jan 2016RentedRenewal
AED 49,371/yr14 months · AED 60 per sqft
1 Jan 2015RentedNew contract
AED 57,600/yr12 months · AED 70 per sqft
1 Apr 2013RentedNew contract
AED 48,000/yr12 months · AED 59 per sqft
16 Jun 2008SoldReady
AED 1,100,000AED 1,344 per sqft
15 Jan 2008Sold by developerReady
AED 302,660AED 370 per sqft

Source: Dubai Land Department. Updated 12 May 2016.

Key facts

Type
1-bed apartment
Size
818 sqft
Floor
4th of 6
Parking
29
Developer
ETA Star Property Developers
Completed
2010
Service charge
AED 9,800 /yr
Last sold
AED 760K · May 2016
Building
The Belvedere

About 409, The Belvedere

409 is a one-bedroom apartment of 818 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 12 May 2016 for AED 760,000, or AED 929 per sqft, 4% above the AED 895 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 1 January 2016, is AED 49,371 a year: a gross yield of 6.5% on the 2016 price, before the service charge of about AED 9,800 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, January 2008: AED 302,660 (AED 370 per sqft)Sold, June 2008: AED 1,100,000 (AED 1,344 per sqft)Sold, May 2016: AED 760,000 (AED 929 per sqft)

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

Rents
Unit 409, 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 2013: AED 48,000 a yearNew contract, January 2015: AED 57,600 a yearRenewal, January 2016: AED 49,371 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 409 sits

All 24 1-beds →

409 last sold in May 2016 at AED 929 per sqft, 4% above what one-beds in The Belvedere were fetching at the time (AED 895). 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. 409's AED 49,371 is at the bottom 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
4011-bedAED 880K · May 2016
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
1–7 of 8

409, The Belvedere in numbers

  • Sold 3 times: first on 15 January 2008 for AED 302,660, last on 12 May 2016 for AED 760,000 (AED 929 per sqft).
  • Rented since April 2013 on 3 Ejari contracts, from AED 48,000 to AED 49,371 a year.
  • At AED 49,371 a year the gross yield on the 2016 price is 6.5%, before a service charge of about AED 9,800 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 12 May 2016.

Questions about 409, The Belvedere

What did unit 409 last sell for?

AED 760,000 on 12 May 2016: AED 929 per sqft for 818 sqft. The unit has 3 registered sales; the first was AED 302,660 in January 2008.

What is the rent for unit 409?

AED 49,371 a year on the contract renewed on 1 January 2016. The previous contract, from January 2015, was AED 57,600; the unit has been rented since April 2013.

How big is unit 409?

818 sqft (76.0 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2010.

What is unit 409 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 409, The Belvedere

Starts from the last sale price (AED 760K, 12 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 760,000
Deposit, UAE resident (20%)
AED 152,000
Deposit, non-resident (40%)
AED 304,000
Monthly over 25 years at 3.7%
AED 3,109

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