1-bed · 694 sqftDream Towers 1, Dubai Marina · 4th floor · completed 2009

405, Dream Towers 1

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 670K6 July 2023
Current rentAED 90K /yr30 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Dream Towers 1

What is 405 worth today?

Last sold for AED 670,000 in 2023

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30 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 130 per sqft
6 Jul 2023SoldReady
AED 670,000AED 964 per sqft
1 Jul 2021RentedNew contract
AED 35,000/yr12 months · AED 50 per sqft
12 Oct 2019RentedRenewal
AED 55,000/yr12 months · AED 79 per sqft
12 Oct 2018RentedNew contract
AED 55,000/yr12 months · AED 79 per sqft
23 Oct 2016RentedNew contract
AED 85,000/yr12 months · AED 122 per sqft
23 Oct 2014RentedNew contract
AED 85,000/yr12 months · AED 121 per sqft
9 Aug 2010Sold by developerReady
AED 448,000AED 645 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 September 2024.

Key facts

Type
1-bed apartment
Size
694 sqft
Floor
4th of 29
Parking
B2-F405
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 15,600 /yr
Last sold
AED 670K · July 2023

About 405, Dream Towers 1

405 is a one-bedroom apartment of 694 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 6 July 2023 for AED 670,000, or AED 964 per sqft, 4% above the AED 924 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 30 September 2024, is AED 90,000 a year: a gross yield of 13.4% on the 2023 price, before the service charge of about AED 15,600 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Dream Towers 1
500K1M20102014201820222026Typical sale price by year: 2010 AED 334,500; 2011 AED 458,500; 2012 AED 550,000; 2013 AED 788,500; 2014 AED 975,000; 2015 AED 880,000; 2016 AED 835,000; 2017 AED 805,000; 2019 AED 600,000; 2020 AED 542,500; 2021 AED 500,000; 2022 AED 600,000; 2023 AED 710,000; 2024 AED 860,000; 2025 AED 950,000Sold by developer, August 2010: AED 448,000 (AED 645 per sqft)Sold, July 2023: AED 670,000 (AED 964 per sqft)

405 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 405, each contractTypical one-bed in Dream Towers 1
50K75K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 65,000; 2014 AED 78,000; 2015 AED 80,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 40,000; 2021 AED 40,000; 2022 AED 46,750; 2023 AED 59,000; 2024 AED 68,000; 2025 AED 70,000; 2026 AED 75,000New contract, October 2014: AED 85,000 a yearNew contract, October 2016: AED 85,000 a yearNew contract, October 2018: AED 55,000 a yearRenewal, October 2019: AED 55,000 a yearNew contract, July 2021: AED 35,000 a yearNew contract, September 2024: AED 90,000 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 Dream Towers 1, and where 405 sits

All 226 1-beds →

405 last sold in July 2023 at AED 964 per sqft, 4% above what one-beds in Dream Towers 1 were fetching at the time (AED 924). 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. 405's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Feb 20261,150,000
21 Jul 2025900,000
30 Jun 20251,100,000
25 Jun 2025970,000
2 1-bed sales in the last 12 months

Dream Towers 1

Building

359 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%
Dream Towers 1, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 359 units in Dream Towers 1
Value
4011-bedAED 650K · Mar 2023
4021-bedAED 790K · Dec 2024
4031-bedAED 750K · Jan 2023
4041-bedAED 550K · Jul 2011
4062-bedNo registered sale
4072-bedNo registered sale
4081-bedAED 488K · Oct 2010
1–7 of 13

405, Dream Towers 1 in numbers

  • Sold twice: first on 9 August 2010 for AED 448,000, last on 6 July 2023 for AED 670,000 (AED 964 per sqft).
  • Rented since October 2014 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 35,000 in 2021 and recovered to AED 90,000 by September 2024.
  • At AED 90,000 a year the gross yield on the 2023 price is 13.4%, before a service charge of about AED 15,600 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 30 September 2024.

Questions about 405, Dream Towers 1

What did unit 405 last sell for?

AED 670,000 on 6 July 2023: AED 964 per sqft for 694 sqft. The unit has 2 registered sales; the first was AED 448,000 in August 2010.

What is the rent for unit 405?

AED 90,000 a year on the contract signed on 30 September 2024. The previous contract, from July 2021, was AED 35,000; the unit has been rented since October 2014.

How big is unit 405?

694 sqft (64.5 sqm): a one-bedroom apartment on the 4th floor of a 29-storey tower completed in 2009.

What is unit 405 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 405, Dream Towers 1

Starts from the last sale price (AED 670K, 6 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 670,000
Deposit, UAE resident (20%)
AED 134,000
Deposit, non-resident (40%)
AED 268,000
Monthly over 25 years at 3.7%
AED 2,741

Plus AED 33,150 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →