402, Dream Towers 1
Sold prices and rental history: sold 3 times, last in December 2024, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Dream Towers 1
What is 402 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 774 sqft
- Floor
- 4th of 29
- Parking
- B2-F402
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 17,300 /yr
- Last sold
- AED 790K · December 2024
- Building
- Dream Towers 1
About 402, Dream Towers 1
402 is a one-bedroom apartment of 774 sqft on the 4th floor of Dream Towers 1, a 29-storey tower in Dubai Marina completed in 2009 by Desert Dream Investments & Development Properties. It last sold on 10 December 2024 for AED 790,000, or AED 1,020 per sqft, 14% below the AED 1,180 one-beds in the building were fetching at the time.
It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 November 2019, is AED 55,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 17,300 a year.
Sales and rents for 402 over time
402 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Dream Towers 1, and where 402 sits
All 226 1-beds →402 last sold in December 2024 at AED 1,020 per sqft, 14% below what one-beds in Dream Towers 1 were fetching at the time (AED 1,180). Over the last 12 months one-beds sold for AED 1,000,000 to 1,150,000, around AED 1,490 per sqft, and rent for AED 58,000 to 130,000 a year. 402's AED 55,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Feb 20262 February 2026 | 678 sqft | 1,150,000 | 1,696 | ||
| 21 Jul 202521 July 2025 | 637 sqft | 900,000 | 1,413 | ||
| 30 Jun 202530 June 2025 | 694 sqft | 1,100,000 | 1,583 | ||
| 25 Jun 202525 June 2025 | 731 sqft | 970,000 | 1,326 |
Dream Towers 1
Building359 apartments, 1-bed to 2-bed over 29 floors in Dubai Marina, completed in 2009 by Desert Dream Investments & Development Properties. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,490
- Typical sale
- AED 1.08M
- Typical rent
- AED 78K /yr
- Typical yield
- 5.7%
Other units on the 4th floor
All 359 units in Dream Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 679 sqft | AED 650KAED 650,000 · Mar 2023March 2023 | 63,000 /yr | |
| 403 | 1-bed | 789 sqft | AED 750KAED 750,000 · Jan 2023January 2023 | 53,000 /yr | |
| 404 | 1-bed | 731 sqft | AED 550KAED 550,000 · Jul 2011July 2011 | 68,000 /yr | |
| 405 | 1-bed | 694 sqft | AED 670KAED 670,000 · Jul 2023July 2023 | 90,000 /yr | |
| 406 | 2-bed | 1,251 sqft | No registered sale | 90,000 /yr | |
| 407 | 2-bed | 1,251 sqft | No registered sale | 80,000 /yr | |
| 408 | 1-bed | 678 sqft | AED 488KAED 488,000 · Oct 2010October 2010 | 135,000 /yr | |
| 409 | 1-bed | 729 sqft | AED 1MAED 1,000,000 · Aug 2016August 2016 | 69,600 /yr | |
| 410 | 1-bed | 798 sqft | AED 1.15MAED 1,150,000 · Feb 2014February 2014 | 63,000 /yr | |
| 411 | 1-bed | 779 sqft | AED 875KAED 875,000 · Feb 2014February 2014 | 75,000 /yr | |
| 412 | 1-bed | 637 sqft | AED 800KAED 800,000 · Dec 2017December 2017 | 67,000 /yr | |
| 413 | 2-bed | 1,522 sqft | No registered sale | 80,400 /yr | |
| 414 | 2-bed | 1,522 sqft | No registered sale | 80,000 /yr |
402, Dream Towers 1 in numbers
- Sold 3 times: first on 7 June 2010 for AED 334,500, last on 10 December 2024 for AED 790,000 (AED 1,020 per sqft).
- Rented since April 2016 on 2 Ejari contracts, from AED 80,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 17,300 a year (AED 22.41 per sqft).
- One-beds in Dream Towers 1 sold for AED 1,000,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,490 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 10 December 2024.
Questions about 402, Dream Towers 1
What did unit 402 last sell for?
AED 790,000 on 10 December 2024: AED 1,020 per sqft for 774 sqft. The unit has 3 registered sales; the first was AED 334,500 in June 2010.
What is the rent for unit 402?
AED 55,000 a year on the contract signed on 1 November 2019. The previous contract, from April 2016, was AED 80,000.
How big is unit 402?
774 sqft (71.9 sqm): a one-bedroom apartment on the 4th floor of a 29-storey tower completed in 2009.
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 Dream Towers 1 sold for AED 1,000,000 to 1,150,000 in the last 12 months, around AED 1,490 per sqft.
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Mortgage on 402, Dream Towers 1
Starts from the last sale price (AED 790K, 10 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 790,000
- Deposit, UAE resident (20%)
- AED 158,000
- Deposit, non-resident (40%)
- AED 316,000
- Monthly over 25 years at 3.7%
- AED 3,232
Plus AED 38,190 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →