1-bed · 983 sqftMarina Quays North, Dubai Marina · 4th floor · completed 2010

409, Marina Quays North

Sold prices and rental history: sold twice, last in March 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 21 August 2024
Last soldAED 1.1M12 March 2012
Current rentAED 83K /yr21 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Marina Quays North

What is 409 worth today?

Last sold for AED 1,100,000 in 2012

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21 Aug 2024RentedRenewal
AED 82,500/yr12 months · AED 84 per sqft
21 Aug 2023RentedRenewal
AED 75,000/yr12 months · AED 77 per sqft
21 Aug 2022RentedRenewal
AED 75,000/yr12 months · AED 77 per sqft
21 Aug 2021RentedNew contract
AED 75,000/yr12 months · AED 77 per sqft
18 Aug 2020RentedNew contract
AED 70,000/yr12 months · AED 71 per sqft
8 Jun 2019RentedNew contract
AED 140,000/yr12 months · AED 143 per sqft
12 May 2017RentedNew contract
AED 120,000/yr12 months · AED 123 per sqft
10 Feb 2013RentedNew contract
AED 100,000/yr12 months · AED 102 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2024.

Key facts

Type
1-bed apartment
Size
983 sqft
Floor
4th of 9
Parking
8.5678002440874763E-3
Developer
Emaar
Completed
2010
Service charge
AED 18,300 /yr
Last sold
AED 1.1M · March 2012

About 409, Marina Quays North

409 is a one-bedroom apartment of 983 sqft on the 4th floor of Marina Quays North, a 9-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 12 March 2012 for AED 1,100,000, or AED 1,119 per sqft, 10% above the AED 1,017 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 21 August 2024, is AED 82,500 a year: a gross yield of 7.5% on the 2012 price, before the service charge of about AED 18,300 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Marina Quays North
1M1.5M2010201420182022Typical sale price by year: 2010 AED 986,888; 2012 AED 1,020,000; 2013 AED 1,275,000; 2015 AED 1,650,000; 2017 AED 1,725,000; 2022 AED 1,400,000; 2024 AED 1,700,000Sold by developer, July 2010: AED 1,144,888 (AED 1,164 per sqft)Sold, March 2012: AED 1,100,000 (AED 1,119 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Marina Quays North
100K150K2012201620202024Typical rent by year: 2012 AED 87,000; 2013 AED 97,500; 2014 AED 115,000; 2015 AED 115,000; 2016 AED 122,500; 2017 AED 115,000; 2018 AED 107,500; 2019 AED 95,000; 2020 AED 85,000; 2021 AED 78,500; 2022 AED 86,475; 2023 AED 110,000; 2024 AED 108,500; 2025 AED 112,000New contract, February 2013: AED 100,000 a yearNew contract, May 2017: AED 120,000 a yearNew contract, June 2019: AED 140,000 a yearNew contract, August 2020: AED 70,000 a yearNew contract, August 2021: AED 75,000 a yearRenewal, August 2022: AED 75,000 a yearRenewal, August 2023: AED 75,000 a yearRenewal, August 2024: AED 82,500 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 Quays North, and where 409 sits

All 26 1-beds →

409 last sold in March 2012 at AED 1,119 per sqft, 10% above what one-beds in Marina Quays North were fetching at the time (AED 1,017). 409's AED 82,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jun 20252,200,000
13 Mar 20251,900,000
26 Nov 20241,700,000
8 Jul 20241,700,000
0 1-bed sales in the last 12 months

Marina Quays North

Building

82 apartments, 1-bed to 3-bed over 9 floors in Dubai Marina, completed in 2010 by Emaar. 2 sold in the last 12 months.

Typical price per sqft
AED 2,462
Typical sale
AED 3.92M
Typical rent
AED 136K /yr
Typical yield
5.0%
Marina Quays North, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 82 units in Marina Quays North
Value
4013-bedAED 2.55M · Feb 2020
4022-bedAED 2.8M · Jul 2014
4031-bedAED 1.7M · Nov 2024
4041-bedAED 807K · Jul 2010
4052-bedAED 2M · Aug 2022
4062-bedAED 2.13M · Jun 2022
4072-bedAED 1.53M · Jun 2010
1–7 of 9

409, Marina Quays North in numbers

  • Sold twice: first on 13 July 2010 for AED 1,144,888, last on 12 March 2012 for AED 1,100,000 (AED 1,119 per sqft).
  • Rented since February 2013 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2020 and recovered to AED 82,500 by August 2024.
  • At AED 82,500 a year the gross yield on the 2012 price is 7.5%, before a service charge of about AED 18,300 a year (AED 18.62 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 21 August 2024.

Questions about 409, Marina Quays North

What did unit 409 last sell for?

AED 1,100,000 on 12 March 2012: AED 1,119 per sqft for 983 sqft. The unit has 2 registered sales; the first was AED 1,144,888 in July 2010.

What is the rent for unit 409?

AED 82,500 a year on the contract renewed on 21 August 2024. The previous contract, from August 2023, was AED 75,000; the unit has been rented since February 2013.

How big is unit 409?

983 sqft (91.3 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2010.

What is unit 409 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 409, Marina Quays North

Starts from the last sale price (AED 1.1M, 12 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →