1,265 sqftMarina Park, Dubai Marina · 4th floor · completed 2006

406, Marina Park

Sold prices and rental history: sold twice, last in May 2018, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 2 May 2020
Last soldAED 910K2 May 2018
Current rentAED 70K /yr2 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Marina Park

What is 406 worth today?

Last sold for AED 910,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 May 2020RentedNew contract
AED 70,000/yr24 months · AED 55 per sqft
2 May 2018SoldReady
AED 910,000AED 719 per sqft
5 Feb 2018RentedNew contract
AED 70,000/yr24 months · AED 55 per sqft
1 May 2013Sold by developerReady
AED 1,010,000AED 798 per sqft

Source: Dubai Land Department. Updated 2 May 2020.

Key facts

Type
Apartment
Size
1,265 sqft
Floor
4th of 5
Parking
26B
Developer
Global Realty Partners
Completed
2006
Service charge
AED 17,000 /yr
Last sold
AED 910K · May 2018
Building
Marina Park

About 406, Marina Park

406 is an apartment of 1,265 sqft on the 4th floor of Marina Park, a 5-storey tower in Dubai Marina completed in 2006 by Global Realty Partners. It last sold on 2 May 2018 for AED 910,000, or AED 719 per sqft.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 2 May 2020, is AED 70,000 a year: a gross yield of 7.7% on the 2018 price, before the service charge of about AED 17,000 a year.

Marina Park

Building

73 apartments, 1-bed to 4-bed over 5 floors in Dubai Marina, completed in 2006 by Global Realty Partners. 1 sold in the last 12 months.

Typical price per sqft
AED 1,209
Typical sale
AED 900K
Typical rent
AED 95K /yr
Typical yield
7.4%
Marina Park, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 73 units in Marina Park
Value
4011-bedAED 765K · Nov 2023
4022-bedAED 600K · Mar 2023
4032-bedAED 1.15M · Dec 2014
4042-bedAED 1.08M · Oct 2023
4052-bedNo registered sale
4101-bedAED 680K · Oct 2013
4111-bedAED 275K · Aug 2019
1–7 of 12

406, Marina Park in numbers

  • Sold twice: first on 1 May 2013 for AED 1,010,000, last on 2 May 2018 for AED 910,000 (AED 719 per sqft).
  • Rented since February 2018 on 2 Ejari contracts, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2018 price is 7.7%, before a service charge of about AED 17,000 a year (AED 13.42 per sqft).

Source: Dubai Land Department. Updated 2 May 2020.

Questions about 406, Marina Park

What did unit 406 last sell for?

AED 910,000 on 2 May 2018: AED 719 per sqft for 1,265 sqft. The unit has 2 registered sales; the first was AED 1,010,000 in May 2013.

What is the rent for unit 406?

AED 70,000 a year on the contract signed on 2 May 2020. The previous contract, from February 2018, was AED 70,000.

How big is unit 406?

1,265 sqft (117.5 sqm): an apartment on the 4th floor of a 5-storey tower completed in 2006.

What is unit 406 worth today?

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

Selling 406? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 406, Marina Park

Starts from the last sale price (AED 910K, 2 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 910,000
Deposit, UAE resident (20%)
AED 182,000
Deposit, non-resident (40%)
AED 364,000
Monthly over 25 years at 3.7%
AED 3,723

Plus AED 43,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →