3401, West Avenue Residential Tower
Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3401, West Avenue Residential Tower
What is 3401 worth today?
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Source: Dubai Land Department. Updated 1 March 2024.
Key facts
- Type
- 4-bed apartment
- Size
- 4,221 sqft
- Floor
- 34th of 34
- Parking
- L1-28,L1-34
- Developer
- West Avenue
- Completed
- 2014
- Service charge
- AED 83,200 /yr
- Last sold
- AED 8.1M · December 2014
- Building
- West Avenue Residential Tower
About 3401, West Avenue Residential Tower
3401 is a four-bedroom apartment of 4,221 sqft on the 34th floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 8 December 2014 for AED 8,100,000, or AED 1,918 per sqft, 4% below the AED 1,993 four-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 209,450 a year: a gross yield of 2.6% on the 2014 price, before the service charge of about AED 83,200 a year.
Sales and rents for 3401 over time
3401 has sold twice; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in West Avenue Residential Tower, and where 3401 sits
All 4 4-beds →3401 last sold in December 2014 at AED 1,918 per sqft, 4% below what four-beds in West Avenue Residential Tower were fetching at the time (AED 1,993).
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Feb 201622 February 2016 | 4,221 sqft | 9,500,000 | 2,250 | ||
| 9 Dec 20149 December 2014 | 4,062 sqft | 7,222,075 | 1,777 | ||
| 8 Dec 20148 December 2014 | 4,221 sqft | 8,725,000 | 2,067 | ||
| 8 Dec 20148 December 2014 | 4,062 sqft | 7,247,125 | 1,784 |
West Avenue Residential Tower
Building271 apartments, studios to 4-bed over 34 floors in Dubai Marina, completed in 2014 by West Avenue. 17 sold in the last 12 months.
- Typical price per sqft
- AED 2,063 Up 9.1%
- Typical sale
- AED 1.45M
- Typical rent
- AED 90K /yr
- Typical yield
- 5.8%
Other units on the 34th floor
All 271 units in West Avenue Residential Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3402 | 4-bed | 4,062 sqft | AED 7.25MAED 7,247,125 · Dec 2014December 2014 | 270,000 /yr |
3401, West Avenue Residential Tower in numbers
- Sold twice: first on 6 October 2013 for AED 8,100,000, last on 8 December 2014 for AED 8,100,000 (AED 1,918 per sqft).
- Rented since January 2016 on 8 Ejari contracts. The rent fell from AED 300,000 to AED 190,000 in 2023 and recovered to AED 209,450 by March 2024.
- At AED 209,450 a year the gross yield on the 2014 price is 2.6%, before a service charge of about AED 83,200 a year (AED 19.72 per sqft).
Source: Dubai Land Department. Updated 1 March 2024.
Questions about 3401, West Avenue Residential Tower
What did unit 3401 last sell for?
AED 8,100,000 on 8 December 2014: AED 1,918 per sqft for 4,221 sqft. The unit has 2 registered sales; the first was AED 8,100,000 in October 2013.
What is the rent for unit 3401?
AED 209,450 a year on the contract renewed on 1 March 2024. The previous contract, from March 2024, was AED 209,450; the unit has been rented since January 2016.
How big is unit 3401?
4,221 sqft (392.1 sqm): a four-bedroom apartment on the 34th floor of a 34-storey tower completed in 2014.
What is unit 3401 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 3401, West Avenue Residential Tower
Starts from the last sale price (AED 8.1M, 8 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 8,100,000
- Deposit, UAE resident (20%)
- AED 1,620,000
- Deposit, non-resident (40%)
- AED 3,240,000
- Monthly over 25 years at 3.7%
- AED 33,140
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →