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1-bed · 685 sqftMarina Heights Tower, Dubai Marina · 14th floor · completed 2006

1408, Marina Heights Tower

Sold prices and rental history: sold once, by the developer in January 2011, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1408 · DLD and Ejari recordsUpdated 6 February 2019
Last soldAED 424K31 January 2011
Current rentAED 70K /yr6 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1408, Marina Heights Tower

What is 1408 worth today?

Last sold for AED 424,455 in 2011

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6 Feb 2019RentedNew contract
AED 70,000/yr12 months · AED 94 per sqft
14 Jul 2016RentedRenewal
AED 90,956/yr12 months · AED 132 per sqft
14 Jul 2015RentedRenewal
AED 86,625/yr12 months · AED 126 per sqft
31 Jan 2011Sold by developerReady
AED 424,455AED 620 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 February 2019.

Key facts

Type
1-bed apartment
Size
685 sqft
Floor
14th of 53
Parking
B3-18
Developer
SRG
Completed
2006
Service charge
AED 12,300 /yr
Last sold
AED 424K · January 2011
Building
Marina Heights Tower

About 1408, Marina Heights Tower

1408 is a one-bedroom apartment of 685 sqft on the 14th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. The developer sold it on 31 January 2011 for AED 424,455, or AED 620 per sqft, 27% below the AED 846 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 6 February 2019, is AED 70,000 a year: a gross yield of 16.5% on the 2011 price, before the service charge of about AED 12,300 a year.

Sales and rents for 1408 over time

Sales
Unit 1408, each saleTypical one-bed in Marina Heights Tower
500K1M1.5M2007201220172022Typical sale price by year: 2007 AED 704,070; 2008 AED 718,830; 2009 AED 658,487; 2010 AED 703,337; 2011 AED 696,000; 2012 AED 574,814; 2013 AED 907,500; 2014 AED 1,350,000; 2015 AED 1,137,500; 2016 AED 1,275,000; 2017 AED 1,062,500; 2019 AED 765,000; 2022 AED 900,000; 2023 AED 1,150,000; 2024 AED 1,275,000; 2025 AED 1,375,000Sold by developer, January 2011: AED 424,455 (AED 620 per sqft)

1408 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1408, each contractTypical one-bed in Marina Heights Tower
60K80K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 80,000; 2014 AED 85,000; 2015 AED 90,000; 2016 AED 90,000; 2017 AED 90,000; 2018 AED 75,000; 2019 AED 70,000; 2020 AED 55,600; 2021 AED 58,000; 2022 AED 70,000; 2023 AED 76,900; 2024 AED 90,877; 2025 AED 90,000; 2026 AED 87,500Renewal, July 2015: AED 86,625 a yearRenewal, July 2016: AED 90,956 a yearNew contract, February 2019: AED 70,000 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 Marina Heights Tower, and where 1408 sits

All 88 1-beds →

1408 last sold in January 2011 at AED 620 per sqft, 27% below what one-beds in Marina Heights Tower were fetching at the time (AED 846). 1408's AED 70,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jul 20251,215,000
17 Jul 20251,375,000
29 Apr 20251,350,000
11 Apr 20251,490,000
0 1-bed sales in the last 12 months

Marina Heights Tower

Building

375 apartments, 1-bed to 5-bed over 53 floors in Dubai Marina, completed in 2006 by SRG. 3 sold in the last 12 months.

Typical price per sqft
AED 1,550
Typical sale
AED 1.91M
Typical rent
AED 126K /yr
Typical yield
6.3%
Marina Heights Tower, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 375 units in Marina Heights Tower
Value
14012-bedAED 2.13M · Dec 2024
14032-bedAED 1.15M · May 2011
14042-bedAED 1.7M · Oct 2022
14052-bedAED 952K · May 2013
1406AED 1M · Mar 2013
14071-bedAED 1.35M · Dec 2024
14091-bedAED 1.05M · Nov 2023
1–7 of 9

1408, Marina Heights Tower in numbers

  • Sold once: by SRG on 31 January 2011 for AED 424,455, or AED 620 per sqft.
  • Rented since July 2015 on 3 Ejari contracts, from AED 86,625 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2011 price is 16.5%, before a service charge of about AED 12,300 a year (AED 17.95 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 6 February 2019.

Questions about 1408, Marina Heights Tower

What did unit 1408 last sell for?

AED 424,455 on 31 January 2011, sold by the developer: AED 620 per sqft for 685 sqft. It is the only registered sale of the unit.

What is the rent for unit 1408?

AED 70,000 a year on the contract signed on 6 February 2019. The previous contract, from July 2016, was AED 90,956; the unit has been rented since July 2015.

How big is unit 1408?

685 sqft (63.6 sqm): a one-bedroom apartment on the 14th floor of a 53-storey tower completed in 2006.

What is unit 1408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1408, Marina Heights Tower

Starts from the last sale price (AED 424K, 31 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 424,455
Deposit, UAE resident (20%)
AED 84,891
Deposit, non-resident (40%)
AED 169,782
Monthly over 25 years at 3.7%
AED 1,737

Plus AED 20,737 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →