2-bed · 1,224 sqftZumurud Tower, Dubai Marina · 24th floor · completed 2010

2406, Zumurud Tower

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2406 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 1.95M1 March 2010
Current rentAED 80K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2406, Zumurud Tower

What is 2406 worth today?

Last sold for AED 1,947,500 in 2010

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1 Nov 2022RentedRenewal
AED 80,000/yr12 months · AED 59 per sqft
1 Nov 2021RentedRenewal
AED 70,000/yr12 months · AED 52 per sqft
1 Nov 2020RentedNew contract
AED 70,000/yr12 months · AED 52 per sqft
15 Aug 2018RentedNew contract
AED 92,000/yr12 months · AED 68 per sqft
13 Jun 2014RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
13 Jun 2013RentedNew contract
AED 115,000/yr12 months · AED 85 per sqft
7 Oct 2012RentedNew contract
AED 100,000/yr12 months · AED 74 per sqft
1 Mar 2010Sold by developerReady
AED 1,947,500AED 1,591 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
2-bed apartment
Size
1,224 sqft
Floor
24th of 28
Parking
B2-42
Developer
Zumurud Real Estate
Completed
2010
Service charge
AED 22,000 /yr
Last sold
AED 1.95M · March 2010

About 2406, Zumurud Tower

2406 is a two-bedroom apartment of 1,224 sqft on the 24th floor of Zumurud Tower, a 28-storey tower in Dubai Marina completed in 2010 by Zumurud Real Estate. The developer sold it on 1 March 2010 for AED 1,947,500, or AED 1,591 per sqft, 23% above the AED 1,293 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 80,000 a year: a gross yield of 4.1% on the 2010 price, before the service charge of about AED 22,000 a year.

Sales and rents for 2406 over time

Sales
Unit 2406, each saleTypical two-bed in Zumurud Tower
1.6M1.8M2M20102014201820222026Typical sale price by year: 2010 AED 1,566,000; 2011 AED 1,567,012; 2013 AED 1,556,000; 2025 AED 1,800,000Sold by developer, March 2010: AED 1,947,500 (AED 1,591 per sqft)

2406 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2406, each contractTypical two-bed in Zumurud Tower
100K2012201620202024Typical rent by year: 2012 AED 100,000; 2013 AED 112,000; 2014 AED 130,000; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 123,500; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 75,000; 2022 AED 80,000; 2023 AED 91,584; 2024 AED 104,738; 2025 AED 109,106; 2026 AED 114,561New contract, October 2012: AED 100,000 a yearNew contract, June 2013: AED 115,000 a yearNew contract, June 2014: AED 130,000 a yearNew contract, August 2018: AED 92,000 a yearNew contract, November 2020: AED 70,000 a yearRenewal, November 2021: AED 70,000 a yearRenewal, November 2022: AED 80,000 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 Zumurud Tower, and where 2406 sits

All 29 2-beds →

2406 last sold in March 2010 at AED 1,591 per sqft, 23% above what two-beds in Zumurud Tower were fetching at the time (AED 1,293). Over the last 12 months two-beds sold for AED 2,300,000, around AED 1,632 per sqft, and rent for AED 104,000 to 140,000 a year. 2406's AED 80,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Jul 20262,300,000
9 Jul 20251,800,000
9 Jul 20251,800,000
4 Mar 20252,400,000
1 2-bed sale in the last 12 months

Zumurud Tower

Building

217 apartments, studios to 3-bed over 28 floors in Dubai Marina, completed in 2010 by Zumurud Real Estate. 13 sold in the last 12 months.

Typical price per sqft
AED 1,632 Down 4.6%
Typical sale
AED 1.1M
Typical rent
AED 72K /yr
Typical yield
6.3%
Zumurud Tower, Dubai Marina: prices, sales and rents →

Other units on the 24th floor

All 217 units in Zumurud Tower
Value
24012-bedAED 2.17M · Aug 2010
24022-bedAED 2.3M · Jul 2026
24052-bedAED 1.95M · Mar 2010

2406, Zumurud Tower in numbers

  • Sold once: by Zumurud Real Estate on 1 March 2010 for AED 1,947,500, or AED 1,591 per sqft.
  • Rented since October 2012 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2021 and recovered to AED 80,000 by November 2022.
  • At AED 80,000 a year the gross yield on the 2010 price is 4.1%, before a service charge of about AED 22,000 a year (AED 18.00 per sqft).
  • Two-beds in Zumurud Tower sold for AED 2,300,000–2,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,632 per sqft.

Source: Dubai Land Department. Updated 1 November 2022.

Questions about 2406, Zumurud Tower

What did unit 2406 last sell for?

AED 1,947,500 on 1 March 2010, sold by the developer: AED 1,591 per sqft for 1,224 sqft. It is the only registered sale of the unit.

What is the rent for unit 2406?

AED 80,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 70,000; the unit has been rented since October 2012.

How big is unit 2406?

1,224 sqft (113.7 sqm): a two-bedroom apartment on the 24th floor of a 28-storey tower completed in 2010.

What is unit 2406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Zumurud Tower sold for AED 2,300,000 to 2,300,000 in the last 12 months, around AED 1,632 per sqft.

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Mortgage on 2406, Zumurud Tower

Starts from the last sale price (AED 1.95M, 1 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,947,500
Deposit, UAE resident (20%)
AED 389,500
Deposit, non-resident (40%)
AED 779,000
Monthly over 25 years at 3.7%
AED 7,968

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