407, Marina Residence B
Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Marina Residence B
What is 407 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 19 January 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,179 sqft
- Floor
- 4th of 16
- Parking
- 48 (B3)
- Developer
- Al Maskan Al Hadeeth Real Estate Developmant
- Completed
- 2006
- Service charge
- AED 21,700 /yr
- Last sold
- AED 790K · January 2021
- Building
- Marina Residence B
About 407, Marina Residence B
407 is a two-bedroom apartment of 1,179 sqft on the 4th floor of Marina Residence B, a 16-storey tower in Dubai Marina completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant. It last sold on 19 January 2021 for AED 790,000, or AED 670 per sqft.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 20 November 2018, is AED 100,000 a year: a gross yield of 12.7% on the 2021 price, before the service charge of about AED 21,700 a year.
Sales and rents for 407 over time
407 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Marina Residence B, and where 407 sits
All 9 2-beds →| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20248 October 2024 | 1,179 sqft | 1,350,000 | 1,145 | ||
| 28 Nov 202328 November 2023 | 1,179 sqft | 1,480,000 | 1,255 | ||
| 27 Nov 202327 November 2023 | 1,179 sqft | 1,500,000 | 1,272 | ||
| 18 Sep 202318 September 2023 | 1,179 sqft | 1,190,000 | 1,009 |
Marina Residence B
Building105 apartments, 1-bed to 3-bed over 16 floors in Dubai Marina, completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,783
- Typical sale
- AED 1.19M
- Typical rent
- AED 77K /yr
- Typical yield
- 6.7%
Other units on the 4th floor
All 105 units in Marina Residence B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 613 sqft | AED 810KAED 810,000 · Apr 2017April 2017 | 82,000 /yr | |
| 402 | 1-bed | 723 sqft | AED 865KAED 865,000 · Nov 2022November 2022 | 84,000 /yr | |
| 403 | 1-bed | 602 sqft | AED 580KAED 580,000 · Feb 2020February 2020 | 65,000 /yr | |
| 404 | 1-bed | 723 sqft | AED 1.1MAED 1,100,000 · Jul 2018July 2018 | ||
| 405 | 1-bed | 613 sqft | AED 539KAED 539,440 · Mar 2010March 2010 | ||
| 406 | 1-bed | 667 sqft | AED 580KAED 579,623 · Feb 2009February 2009 | 76,533 /yr |
407, Marina Residence B in numbers
- Sold twice: first on 12 October 2010 for AED 1,515,015, last on 19 January 2021 for AED 790,000 (AED 670 per sqft).
- Rented since July 2013 on 4 Ejari contracts, from AED 84,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2021 price is 12.7%, before a service charge of about AED 21,700 a year (AED 18.43 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 19 January 2021.
Questions about 407, Marina Residence B
What did unit 407 last sell for?
AED 790,000 on 19 January 2021: AED 670 per sqft for 1,179 sqft. The unit has 2 registered sales; the first was AED 1,515,015 in October 2010.
What is the rent for unit 407?
AED 100,000 a year on the contract renewed on 20 November 2018. The previous contract, from November 2017, was AED 100,000; the unit has been rented since July 2013.
How big is unit 407?
1,179 sqft (109.5 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2006.
What is unit 407 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 407, Marina Residence B
Starts from the last sale price (AED 790K, 19 January 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 790,000
- Deposit, UAE resident (20%)
- AED 158,000
- Deposit, non-resident (40%)
- AED 316,000
- Monthly over 25 years at 3.7%
- AED 3,232
Plus AED 38,190 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →