2-bed · 1,176 sqftBeach Isle Tower 1, Dubai Harbour · 4th floor · completed 2023

407, Beach Isle Tower 1

Sold prices and rental history: sold once, by the developer in September 2021, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 3.01M12 September 2021
Current rentAED 250K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Beach Isle Tower 1

What is 407 worth today?

Last sold for AED 3,006,888 in 2021

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1 Mar 2024RentedNew contract
AED 250,000/yr12 months · AED 215 per sqft
12 Sep 2021Sold by developerOff-plan
AED 3,006,888AED 2,556 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
2-bed apartment
Size
1,176 sqft
Floor
4th of 24
Parking
1
Developer
Emaar
Completed
2023
Last sold
AED 3.01M · September 2021

About 407, Beach Isle Tower 1

407 is a two-bedroom apartment of 1,176 sqft on the 4th floor of Beach Isle Tower 1, a 24-storey tower in Dubai Harbour completed in 2023 by Emaar. The developer sold it on 12 September 2021 for AED 3,006,888, or AED 2,556 per sqft, 4% above the AED 2,453 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2024. The current contract, signed on 1 March 2024, is AED 250,000 a year: a gross yield of 8.3% on the 2021 price.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Beach Isle Tower 1
3M4M5M202020222024Typical sale price by year: 2020 AED 2,989,388; 2021 AED 2,883,888; 2022 AED 2,915,388; 2023 AED 4,000,000; 2024 AED 4,800,000Sold by developer, September 2021: AED 3,006,888 (AED 2,556 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Beach Isle Tower 1
240K250K260K2024202520262027Typical rent by year: 2024 AED 240,750; 2025 AED 260,000; 2026 AED 252,000New contract, March 2024: AED 250,000 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 Beach Isle Tower 1, and where 407 sits

All 96 2-beds →

407 last sold in September 2021 at AED 2,556 per sqft, 4% above what two-beds in Beach Isle Tower 1 were fetching at the time (AED 2,453). Over the last 12 months two-beds sold for AED 3,625,000 to 4,600,000, around AED 3,704 per sqft, and rent for AED 220,000 to 320,000 a year. 407's AED 250,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Feb 20264,600,000
21 Nov 20246,400,000
16 Sep 20244,350,000
5 Sep 20246,100,000
2 2-bed sales in the last 12 months

Beach Isle Tower 1

Building

217 apartments, 1-bed to 6-bed over 24 floors in Dubai Harbour, completed in 2023 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 3,207
Typical sale
AED 3.29M
Typical rent
AED 229K /yr
Typical yield
6.2%
Beach Isle Tower 1, Dubai Harbour: prices, sales and rents →

Other units on the 4th floor

All 217 units in Beach Isle Tower 1
Value
4011-bedAED 2.07M · Dec 2021
4021-bedAED 2.07M · Jan 2022
4032-bedAED 4.3M · Jul 2024
4042-bedAED 4.08M · Aug 2021
4052-bedAED 3.8M · May 2021
4063-bedAED 8.5M · Apr 2024
4081-bedAED 2.7M · Sep 2024
1–7 of 8

407, Beach Isle Tower 1 in numbers

  • Sold once: by Emaar on 12 September 2021 for AED 3,006,888, or AED 2,556 per sqft.
  • Rented since March 2024 on one Ejari contract, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2021 price is 8.3%.
  • Two-beds in Beach Isle Tower 1 sold for AED 3,625,000–4,600,000 in the 12 months to November 2026; the building's median across all types is AED 3,207 per sqft.

Source: Dubai Land Department. Updated 1 March 2024.

Questions about 407, Beach Isle Tower 1

What did unit 407 last sell for?

AED 3,006,888 on 12 September 2021, sold by the developer: AED 2,556 per sqft for 1,176 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 250,000 a year on the contract signed on 1 March 2024.

How big is unit 407?

1,176 sqft (109.3 sqm): a two-bedroom apartment on the 4th floor of a 24-storey tower completed in 2023.

What is unit 407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Beach Isle Tower 1 sold for AED 3,625,000 to 4,600,000 in the last 12 months, around AED 3,704 per sqft.

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Mortgage on 407, Beach Isle Tower 1

Starts from the last sale price (AED 3.01M, 12 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,006,888
Deposit, UAE resident (20%)
AED 601,378
Deposit, non-resident (40%)
AED 1,202,755
Monthly over 25 years at 3.7%
AED 12,302

Plus AED 131,300 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →