2-bed · 1,195 sqftMarina Heights Tower, Dubai Marina · 24th floor · completed 2006

2403, Marina Heights Tower

Sold prices and rental history: sold once, by the developer in January 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 932K6 January 2009
Current rentAED 118K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Marina Heights Tower

What is 2403 worth today?

Last sold for AED 931,968 in 2009

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1 May 2024RentedNew contract
AED 118,000/yr12 months · AED 91 per sqft
1 Mar 2023RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
21 Feb 2021RentedNew contract
AED 60,000/yr12 months · AED 46 per sqft
15 Sep 2019RentedRenewal
AED 85,000/yr12 months · AED 65 per sqft
15 Sep 2018RentedNew contract
AED 85,000/yr12 months · AED 65 per sqft
6 Jan 2009Sold by developerReady
AED 931,968AED 780 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
1,195 sqft
Floor
24th of 53
Parking
B2-51
Developer
SRG
Completed
2006
Service charge
AED 21,400 /yr
Last sold
AED 932K · January 2009

About 2403, Marina Heights Tower

2403 is a two-bedroom apartment of 1,195 sqft on the 24th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. The developer sold it on 6 January 2009 for AED 931,968, or AED 780 per sqft, 14% below the AED 905 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 May 2024, is AED 118,000 a year: a gross yield of 12.7% on the 2009 price, before the service charge of about AED 21,400 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, each saleTypical two-bed in Marina Heights Tower
1M2M2007201220172022Typical sale price by year: 2007 AED 1,422,755; 2008 AED 1,134,714; 2009 AED 998,136; 2010 AED 1,008,824; 2011 AED 1,000,000; 2012 AED 1,167,972; 2013 AED 1,430,000; 2014 AED 1,825,000; 2015 AED 1,800,000; 2016 AED 1,610,000; 2017 AED 1,560,000; 2018 AED 1,120,000; 2019 AED 1,243,320; 2020 AED 1,035,000; 2021 AED 1,205,000; 2022 AED 1,420,944; 2023 AED 1,711,134; 2024 AED 2,000,000; 2025 AED 2,050,000Sold by developer, January 2009: AED 931,968 (AED 780 per sqft)

2403 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2403, each contractTypical two-bed in Marina Heights Tower
50K100K20112015201920232027Typical rent by year: 2011 AED 95,000; 2012 AED 95,000; 2013 AED 110,000; 2014 AED 130,000; 2015 AED 130,000; 2016 AED 126,788; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 75,000; 2021 AED 80,000; 2022 AED 92,000; 2023 AED 105,000; 2024 AED 125,000; 2025 AED 130,000; 2026 AED 125,000New contract, September 2018: AED 85,000 a yearRenewal, September 2019: AED 85,000 a yearNew contract, February 2021: AED 60,000 a yearNew contract, March 2023: AED 115,000 a yearNew contract, May 2024: AED 118,000 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 Marina Heights Tower, and where 2403 sits

All 176 2-beds →

2403 last sold in January 2009 at AED 780 per sqft, 14% below what two-beds in Marina Heights Tower were fetching at the time (AED 905). Over the last 12 months two-beds sold for AED 1,875,000 to 1,950,000, around AED 1,550 per sqft, and rent for AED 107,146 to 160,000 a year. 2403's AED 118,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Jan 202636,192
30 Dec 20251,875,000
9 Jul 2025122,322
29 Apr 20253,500,000
3 2-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 24th floor

All 375 units in Marina Heights Tower
Value
24012-bedAED 1.58M · Oct 2016
24042-bedAED 1.85M · Jun 2017
24052-bedAED 1.7M · Oct 2016
24061-bedAED 831K · Apr 2009
24071-bedAED 1.1M · Jun 2022
24081-bedAED 1.09M · Sep 2013
24091-bedAED 513K · Mar 2009
1–7 of 9

2403, Marina Heights Tower in numbers

  • Sold once: by SRG on 6 January 2009 for AED 931,968, or AED 780 per sqft.
  • Rented since September 2018 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2021 and recovered to AED 118,000 by May 2024.
  • At AED 118,000 a year the gross yield on the 2009 price is 12.7%, before a service charge of about AED 21,400 a year (AED 17.95 per sqft).
  • Two-beds in Marina Heights Tower sold for AED 1,875,000–1,950,000 in the 12 months to November 2026; the building's median across all types is AED 1,550 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Questions about 2403, Marina Heights Tower

What did unit 2403 last sell for?

AED 931,968 on 6 January 2009, sold by the developer: AED 780 per sqft for 1,195 sqft. It is the only registered sale of the unit.

What is the rent for unit 2403?

AED 118,000 a year on the contract signed on 1 May 2024. The previous contract, from March 2023, was AED 115,000; the unit has been rented since September 2018.

How big is unit 2403?

1,195 sqft (111.0 sqm): a two-bedroom apartment on the 24th floor of a 53-storey tower completed in 2006.

What is unit 2403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Heights Tower sold for AED 1,875,000 to 1,950,000 in the last 12 months, around AED 1,550 per sqft.

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Mortgage on 2403, Marina Heights Tower

Starts from the last sale price (AED 932K, 6 January 2009). Switch to today's estimate once you have unlocked it.
Price
AED 931,968
Deposit, UAE resident (20%)
AED 186,394
Deposit, non-resident (40%)
AED 372,787
Monthly over 25 years at 3.7%
AED 3,813

Plus AED 44,153 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →