2-bed · 1,728 sqftWestside Marina Tower, Dubai Marina · 4th floor · completed 2006

408, Westside Marina Tower

Sold prices and rental history: sold 4 times, last in December 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 15 October 2023
Last soldAED 1.25M5 December 2018
Current rentAED 110K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Westside Marina Tower

What is 408 worth today?

Last sold for AED 1,250,000 in 2018

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15 Oct 2023RentedNew contract
AED 110,000/yr12 months · AED 64 per sqft
15 Oct 2022RentedRenewal
AED 97,500/yr12 months · AED 57 per sqft
15 Oct 2021RentedNew contract
AED 90,000/yr12 months · AED 52 per sqft
21 Jan 2019RentedNew contract
AED 92,000/yr12 months · AED 53 per sqft
5 Dec 2018SoldReady
AED 1,250,000AED 723 per sqft
12 Apr 2016RentedRenewal
AED 129,282/yr12 months · AED 75 per sqft
12 Apr 2015RentedNew contract
AED 130,000/yr12 months · AED 75 per sqft
12 Apr 2015RentedNew contract
AED 120,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 15 October 2023.

Key facts

Type
2-bed apartment
Size
1,728 sqft
Floor
4th of 7
Parking
1
Developer
Tulip Business Developers (TBD)
Completed
2006
Service charge
AED 41,300 /yr
Last sold
AED 1.25M · December 2018

About 408, Westside Marina Tower

408 is a two-bedroom apartment of 1,728 sqft on the 4th floor of Westside Marina Tower, a 7-storey tower in Dubai Marina completed in 2006 by Tulip Business Developers (TBD). It last sold on 5 December 2018 for AED 1,250,000, or AED 723 per sqft.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 15 October 2023, is AED 110,000 a year: a gross yield of 8.8% on the 2018 price, before the service charge of about AED 41,300 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical two-bed in Westside Marina Tower
1M2M2008201320182023Typical sale price by year: 2008 AED 1,532,007; 2009 AED 900,000; 2010 AED 1,446,000; 2013 AED 1,000,000; 2014 AED 1,897,250; 2022 AED 1,200,000; 2023 AED 1,400,000; 2024 AED 1,560,000; 2025 AED 1,800,000Sold by developer, December 2008: AED 1,566,873 (AED 907 per sqft)Sold, November 2013: AED 1,710,225 (AED 989 per sqft)Sold, December 2014: AED 2,200,000 (AED 1,273 per sqft)Sold, December 2018: AED 1,250,000 (AED 723 per sqft)

408 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 408, each contractTypical two-bed in Westside Marina Tower
100K150K2012201620202024Typical rent by year: 2012 AED 90,000; 2013 AED 100,000; 2014 AED 130,000; 2015 AED 130,000; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 105,000; 2019 AED 90,000; 2020 AED 70,000; 2021 AED 75,000; 2022 AED 82,500; 2023 AED 95,000; 2024 AED 102,500; 2025 AED 110,000; 2026 AED 106,000New contract, April 2014: AED 144,000 a yearNew contract, April 2015: AED 130,000 a yearNew contract, April 2015: AED 120,000 a yearRenewal, April 2016: AED 129,282 a yearNew contract, January 2019: AED 92,000 a yearNew contract, October 2021: AED 90,000 a yearRenewal, October 2022: AED 97,500 a yearNew contract, October 2023: AED 110,000 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 Westside Marina Tower, and where 408 sits

All 40 2-beds →

Over the last 12 months two-beds sold for AED 1,700,000 to 1,780,000, around AED 1,032 per sqft, and rent for AED 92,747 to 141,200 a year. 408's AED 110,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jan 20261,780,000
19 Nov 20251,700,000
3 Jul 20251,550,000
12 May 20251,800,000
2 2-bed sales in the last 12 months

Westside Marina Tower

Building

66 apartments, 1-bed to 3-bed over 7 floors in Dubai Marina, completed in 2006 by Tulip Business Developers (TBD). 2 sold in the last 12 months.

Typical price per sqft
AED 1,032
Typical sale
AED 1.74M
Typical rent
AED 100K /yr
Typical yield
7.9%
Westside Marina Tower, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 66 units in Westside Marina Tower
Value
4012-bedAED 1M · Dec 2010
4022-bedAED 1.85M · Jan 2015
4032-bedAED 2.01M · Aug 2014
4042-bedAED 1.53M · Feb 2009
4052-bedAED 1.45M · May 2018
4061-bedAED 934K · Feb 2009
4071-bedAED 975K · Mar 2011

408, Westside Marina Tower in numbers

  • Sold 4 times: first on 29 December 2008 for AED 1,566,873, last on 5 December 2018 for AED 1,250,000 (AED 723 per sqft).
  • Rented since April 2014 on 8 Ejari contracts. The rent fell from AED 144,000 to AED 90,000 in 2021 and recovered to AED 110,000 by October 2023.
  • At AED 110,000 a year the gross yield on the 2018 price is 8.8%, before a service charge of about AED 41,300 a year (AED 23.89 per sqft).
  • Two-beds in Westside Marina Tower sold for AED 1,700,000–1,780,000 in the 12 months to November 2026; the building's median across all types is AED 1,032 per sqft.

Source: Dubai Land Department. Updated 15 October 2023.

Questions about 408, Westside Marina Tower

What did unit 408 last sell for?

AED 1,250,000 on 5 December 2018: AED 723 per sqft for 1,728 sqft. The unit has 4 registered sales; the first was AED 1,566,873 in December 2008.

What is the rent for unit 408?

AED 110,000 a year on the contract signed on 15 October 2023. The previous contract, from October 2022, was AED 97,500; the unit has been rented since April 2014.

How big is unit 408?

1,728 sqft (160.5 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2006.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Westside Marina Tower sold for AED 1,700,000 to 1,780,000 in the last 12 months, around AED 1,032 per sqft.

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Mortgage on 408, Westside Marina Tower

Starts from the last sale price (AED 1.25M, 5 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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