1-bed · 693 sqftMarina View Towers A, Dubai Marina · 4th floor · completed 2007

405, Marina View Towers A

Sold prices and rental history: sold 3 times, last in April 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 8 August 2019
Last soldAED 680K10 April 2013
Current rentAED 60K /yr8 August 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Marina View Towers A

What is 405 worth today?

Last sold for AED 680,000 in 2013

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8 Aug 2019RentedRenewal
AED 60,000/yr12 months · AED 87 per sqft
8 Aug 2017RentedRenewal
AED 78,000/yr12 months · AED 113 per sqft
8 Aug 2016RentedNew contract
AED 80,000/yr12 months · AED 116 per sqft
27 Jun 2013RentedNew contract
AED 75,000/yr12 months · AED 109 per sqft
10 Apr 2013SoldReady
AED 680,000AED 980 per sqft
22 Feb 2012SoldReady
AED 680,000AED 980 per sqft
11 Feb 2009Sold by developerReady
AED 570,400AED 822 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 August 2019.

Key facts

Type
1-bed apartment
Size
693 sqft
Floor
4th of 23
Parking
B3/10
Developer
New City Developers
Completed
2007
Service charge
AED 11,500 /yr
Last sold
AED 680K · April 2013

About 405, Marina View Towers A

405 is a one-bedroom apartment of 693 sqft on the 4th floor of Marina View Towers A, a 23-storey tower in Dubai Marina completed in 2007 by New City Developers. It last sold on 10 April 2013 for AED 680,000, or AED 980 per sqft, 3% below the AED 1,014 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 8 August 2019, is AED 60,000 a year: a gross yield of 8.8% on the 2013 price, before the service charge of about AED 11,500 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Marina View Towers A
500K1M2009201420192024Typical sale price by year: 2009 AED 660,000; 2010 AED 575,021; 2011 AED 620,000; 2012 AED 730,665; 2013 AED 870,000; 2014 AED 1,190,000; 2015 AED 1,155,000; 2016 AED 1,110,000; 2017 AED 1,019,000; 2018 AED 858,000; 2020 AED 730,000; 2021 AED 665,000; 2022 AED 900,000; 2023 AED 1,115,000; 2024 AED 1,290,000; 2025 AED 1,280,000Sold by developer, February 2009: AED 570,400 (AED 822 per sqft)Sold, February 2012: AED 680,000 (AED 980 per sqft)Sold, April 2013: AED 680,000 (AED 980 per sqft)

405 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 405, each contractTypical one-bed in Marina View Towers A
60K80K100K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 75,000; 2014 AED 90,000; 2015 AED 93,500; 2016 AED 90,000; 2017 AED 85,000; 2018 AED 74,900; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 65,000; 2023 AED 80,000; 2024 AED 82,250; 2025 AED 85,000; 2026 AED 90,000New contract, June 2013: AED 75,000 a yearNew contract, August 2016: AED 80,000 a yearRenewal, August 2017: AED 78,000 a yearRenewal, August 2019: AED 60,000 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 View Towers A, and where 405 sits

All 92 1-beds →

405 last sold in April 2013 at AED 980 per sqft, 3% below what one-beds in Marina View Towers A were fetching at the time (AED 1,014). Over the last 12 months one-beds sold for AED 1,235,000 to 1,300,000, around AED 1,666 per sqft, and rent for AED 74,768 to 115,000 a year. 405's AED 60,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Jan 20261,300,000
30 Jul 20251,280,000
28 Jul 20251,325,000
18 Jul 20251,250,000
2 1-bed sales in the last 12 months

Marina View Towers A

Building

256 apartments, studios to 4-bed over 23 floors in Dubai Marina, completed in 2007 by New City Developers. 7 sold in the last 12 months.

Typical price per sqft
AED 1,666
Typical sale
AED 1.27M
Typical rent
AED 85K /yr
Typical yield
7.3%
Marina View Towers A, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 256 units in Marina View Towers A
Value
4011-bedAED 1.1M · Jan 2014
402StudioAED 425K · Sep 2020
4031-bedAED 226K · Mar 2010
4041-bedAED 476K · Oct 2010
406StudioAED 840K · Jul 2016
4071-bedAED 770K · Apr 2013
4081-bedAED 770K · Apr 2013
1–7 of 13

405, Marina View Towers A in numbers

  • Sold 3 times: first on 11 February 2009 for AED 570,400, last on 10 April 2013 for AED 680,000 (AED 980 per sqft).
  • Rented since June 2013 on 4 Ejari contracts, from AED 75,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2013 price is 8.8%, before a service charge of about AED 11,500 a year (AED 16.65 per sqft).
  • One-beds in Marina View Towers A sold for AED 1,235,000–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,666 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 8 August 2019.

Questions about 405, Marina View Towers A

What did unit 405 last sell for?

AED 680,000 on 10 April 2013: AED 980 per sqft for 693 sqft. The unit has 3 registered sales; the first was AED 570,400 in February 2009.

What is the rent for unit 405?

AED 60,000 a year on the contract renewed on 8 August 2019. The previous contract, from August 2017, was AED 78,000; the unit has been rented since June 2013.

How big is unit 405?

693 sqft (64.4 sqm): a one-bedroom apartment on the 4th floor of a 23-storey tower completed in 2007.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina View Towers A sold for AED 1,235,000 to 1,300,000 in the last 12 months, around AED 1,666 per sqft.

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Mortgage on 405, Marina View Towers A

Starts from the last sale price (AED 680K, 10 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

Plus AED 33,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →