2-bed · 1,771 sqftMarina Heights Tower, Dubai Marina · 4th floor · completed 2006

401, Marina Heights Tower

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 2.25M23 December 2014
Current rentAED 155K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Marina Heights Tower

What is 401 worth today?

Last sold for AED 2,250,000 in 2014

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15 Mar 2024RentedNew contract
AED 155,000/yr12 months · AED 83 per sqft
23 Feb 2023RentedRenewal
AED 100,000/yr12 months · AED 53 per sqft
23 Feb 2022RentedRenewal
AED 95,000/yr12 months · AED 51 per sqft
23 Feb 2021RentedNew contract
AED 90,000/yr12 months · AED 48 per sqft
20 May 2018RentedRenewal
AED 150,000/yr12 months · AED 84 per sqft
20 May 2017RentedNew contract
AED 140,000/yr12 months · AED 79 per sqft
23 Dec 2014Sold by developerReady
AED 2,250,000AED 1,270 per sqft
10 Apr 2013RentedNew contract
AED 99,750/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 15 March 2024.

Key facts

Type
2-bed apartment
Size
1,771 sqft
Floor
4th of 53
Parking
P3-36
Developer
SRG
Completed
2006
Service charge
AED 31,800 /yr
Last sold
AED 2.25M · December 2014

About 401, Marina Heights Tower

401 is a two-bedroom apartment of 1,771 sqft on the 4th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. The developer sold it on 23 December 2014 for AED 2,250,000, or AED 1,270 per sqft, 10% below the AED 1,412 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 8 Ejari contracts. The current contract, signed on 15 March 2024, is AED 155,000 a year: a gross yield of 6.9% on the 2014 price, before the service charge of about AED 31,800 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, December 2014: AED 2,250,000 (AED 1,270 per sqft)

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

Rents
Unit 401, each contractTypical two-bed in Marina Heights Tower
100K150K20112015201920232027Typical 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, April 2011: AED 95,000 a yearNew contract, April 2013: AED 99,750 a yearNew contract, May 2017: AED 140,000 a yearRenewal, May 2018: AED 150,000 a yearNew contract, February 2021: AED 90,000 a yearRenewal, February 2022: AED 95,000 a yearRenewal, February 2023: AED 100,000 a yearNew contract, March 2024: AED 155,000 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 401 sits

All 176 2-beds →

401 last sold in December 2014 at AED 1,270 per sqft, 10% below what two-beds in Marina Heights Tower were fetching at the time (AED 1,412). 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. 401's AED 155,000 is in the upper 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 →

401, Marina Heights Tower in numbers

  • Sold once: by SRG on 23 December 2014 for AED 2,250,000, or AED 1,270 per sqft.
  • Rented since April 2011 on 8 Ejari contracts, from AED 95,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2014 price is 6.9%, before a service charge of about AED 31,800 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: Dubai Land Department. Updated 15 March 2024.

Questions about 401, Marina Heights Tower

What did unit 401 last sell for?

AED 2,250,000 on 23 December 2014, sold by the developer: AED 1,270 per sqft for 1,771 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 155,000 a year on the contract signed on 15 March 2024. The previous contract, from February 2023, was AED 100,000; the unit has been rented since April 2011.

How big is unit 401?

1,771 sqft (164.5 sqm): a two-bedroom apartment on the 4th floor of a 53-storey tower completed in 2006.

What is unit 401 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 401, Marina Heights Tower

Starts from the last sale price (AED 2.25M, 23 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus AED 99,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →