1-bed · 713 sqftWest Avenue Residential Tower, Dubai Marina · 4th floor · completed 2014

402, West Avenue Residential Tower

Sold prices and rental history: sold 5 times, last in May 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 13 May 2024
Last soldAED 1.43M13 May 2024
Current rentAED 120K /yr7 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, West Avenue Residential Tower

What is 402 worth today?

Last sold for AED 1,430,000 in 2024

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13 May 2024SoldReady
AED 1,430,000AED 2,005 per sqft
7 Aug 2023RentedNew contract
AED 120,000/yr12 months · AED 169 per sqft
27 Apr 2023SoldReady
AED 1,270,000AED 1,781 per sqft
5 Mar 2020RentedNew contract
AED 77,000/yr12 months · AED 108 per sqft
3 Mar 2019RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
18 Oct 2018SoldReady
AED 1,025,000AED 1,437 per sqft
1 Mar 2016RentedNew contract
AED 110,000/yr12 months · AED 155 per sqft
26 Nov 2014SoldReady
AED 1,028,250AED 1,442 per sqft

Source: Dubai Land Department. Updated 13 May 2024.

Key facts

Type
1-bed apartment
Size
713 sqft
Floor
4th of 34
Parking
B2-23
Developer
West Avenue
Completed
2014
Service charge
AED 14,100 /yr
Last sold
AED 1.43M · May 2024

About 402, West Avenue Residential Tower

402 is a one-bedroom apartment of 713 sqft on the 4th floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 13 May 2024 for AED 1,430,000, or AED 2,005 per sqft, 12% above the AED 1,786 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 7 August 2023, is AED 120,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 14,100 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in West Avenue Residential Tower
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,139,824; 2014 AED 1,185,817; 2015 AED 1,585,375; 2016 AED 1,315,000; 2017 AED 1,525,000; 2018 AED 1,210,000; 2019 AED 1,037,500; 2020 AED 942,500; 2021 AED 1,012,500; 2022 AED 1,172,500; 2023 AED 1,265,000; 2024 AED 1,400,000; 2025 AED 1,420,000; 2026 AED 1,450,000Sold by developer, May 2013: AED 1,028,250 (AED 1,442 per sqft)Sold, November 2014: AED 1,028,250 (AED 1,442 per sqft)Sold, October 2018: AED 1,025,000 (AED 1,437 per sqft)Sold, April 2023: AED 1,270,000 (AED 1,781 per sqft)Sold, May 2024: AED 1,430,000 (AED 2,005 per sqft)

402 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 402, each contractTypical one-bed in West Avenue Residential Tower
75K100K125K2014201820222026Typical rent by year: 2014 AED 107,500; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 103,500; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 68,000; 2022 AED 75,000; 2023 AED 84,000; 2024 AED 97,000; 2025 AED 97,000; 2026 AED 85,000New contract, March 2016: AED 110,000 a yearNew contract, March 2019: AED 80,000 a yearNew contract, March 2020: AED 77,000 a yearNew contract, August 2023: AED 120,000 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 West Avenue Residential Tower, and where 402 sits

All 150 1-beds →

402 last sold in May 2024 at AED 2,005 per sqft, 12% above what one-beds in West Avenue Residential Tower were fetching at the time (AED 1,786). Over the last 12 months one-beds sold for AED 1,226,899 to 1,650,000, around AED 2,022 per sqft, and rent for AED 60,000 to 137,000 a year. 402's AED 120,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 20261,300,000
25 Sep 20261,226,899
24 Sep 20261,600,000
27 Jul 202610,437
10 1-bed sales in the last 12 months

West Avenue Residential Tower

Building

271 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%
West Avenue Residential Tower, Dubai Marina: prices, sales and rents →
Value
4011-bedAED 1.5M · Mar 2024
4031-bedAED 575K · Feb 2016
4042-bedAED 2.14M · Nov 2014
4052-bedAED 2.2M · Nov 2024
4061-bedAED 1.4M · Sep 2024
4071-bedAED 870K · May 2021
4082-bedAED 39K · Aug 2026
1–7 of 8

402, West Avenue Residential Tower in numbers

  • Sold 5 times: first on 14 May 2013 for AED 1,028,250, last on 13 May 2024 for AED 1,430,000 (AED 2,005 per sqft).
  • Rented since March 2016 on 4 Ejari contracts. The rent fell from AED 110,000 to AED 77,000 in 2020 and recovered to AED 120,000 by August 2023.
  • At AED 120,000 a year the gross yield on the 2024 price is 8.4%, before a service charge of about AED 14,100 a year (AED 19.72 per sqft).
  • One-beds in West Avenue Residential Tower sold for AED 1,226,899–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 2,063 per sqft.

Source: Dubai Land Department. Updated 13 May 2024.

Questions about 402, West Avenue Residential Tower

What did unit 402 last sell for?

AED 1,430,000 on 13 May 2024: AED 2,005 per sqft for 713 sqft. The unit has 5 registered sales; the first was AED 1,028,250 in May 2013.

What is the rent for unit 402?

AED 120,000 a year on the contract signed on 7 August 2023. The previous contract, from March 2020, was AED 77,000; the unit has been rented since March 2016.

How big is unit 402?

713 sqft (66.2 sqm): a one-bedroom apartment on the 4th floor of a 34-storey tower completed in 2014.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in West Avenue Residential Tower sold for AED 1,226,899 to 1,650,000 in the last 12 months, around AED 2,022 per sqft.

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Mortgage on 402, West Avenue Residential Tower

Starts from the last sale price (AED 1.43M, 13 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,430,000
Deposit, UAE resident (20%)
AED 286,000
Deposit, non-resident (40%)
AED 572,000
Monthly over 25 years at 3.7%
AED 5,851

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