1-bed · 747 sqftMarina View Towers B, Dubai Marina · 4th floor · completed 2007

405, Marina View Towers B

Sold prices and rental history: sold 4 times, last in November 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 12 January 2024
Last soldAED 1.2M24 November 2014
Current rentAED 80K /yr12 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Marina View Towers B

What is 405 worth today?

Last sold for AED 1,200,000 in 2014

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12 Jan 2024RentedNew contract
AED 80,000/yr12 months · AED 108 per sqft
10 Feb 2023RentedRenewal
AED 56,400/yr12 months · AED 76 per sqft
10 Feb 2022RentedRenewal
AED 47,000/yr12 months · AED 63 per sqft
10 Feb 2021RentedNew contract
AED 44,000/yr12 months · AED 59 per sqft
25 Dec 2019RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft
28 Oct 2018RentedRenewal
AED 90,000/yr12 months · AED 121 per sqft
28 Oct 2017RentedNew contract
AED 95,000/yr12 months · AED 128 per sqft
10 Jan 2015RentedNew contract
AED 168,000/yr12 months · AED 226 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 January 2024.

Key facts

Type
1-bed apartment
Size
747 sqft
Floor
4th of 11
Parking
B3/61
Developer
New City Developers
Completed
2007
Service charge
AED 12,400 /yr
Last sold
AED 1.2M · November 2014

About 405, Marina View Towers B

405 is a one-bedroom apartment of 747 sqft on the 4th floor of Marina View Towers B, a 11-storey tower in Dubai Marina completed in 2007 by New City Developers. It last sold on 24 November 2014 for AED 1,200,000, or AED 1,606 per sqft, 5% below the AED 1,687 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 12 January 2024, is AED 80,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 12,400 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Marina View Towers B
1M1.5M2009201420192024Typical sale price by year: 2009 AED 715,719; 2010 AED 712,400; 2011 AED 765,000; 2012 AED 760,000; 2013 AED 1,025,000; 2014 AED 1,352,500; 2016 AED 1,080,000; 2023 AED 1,015,000; 2024 AED 1,237,500; 2025 AED 1,457,000Sold by developer, April 2009: AED 1,045,674 (AED 1,399 per sqft)Sold, August 2009: AED 800,000 (AED 1,071 per sqft)Sold, December 2010: AED 825,000 (AED 1,104 per sqft)Sold, November 2014: AED 1,200,000 (AED 1,606 per sqft)

405 has sold 4 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 B
100K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 78,500; 2014 AED 89,759; 2015 AED 106,456; 2016 AED 91,500; 2017 AED 90,000; 2018 AED 82,000; 2019 AED 70,000; 2020 AED 60,000; 2021 AED 55,000; 2022 AED 65,500; 2023 AED 75,000; 2024 AED 85,500; 2025 AED 96,000; 2026 AED 102,500New contract, January 2015: AED 168,000 a yearNew contract, October 2017: AED 95,000 a yearRenewal, October 2018: AED 90,000 a yearNew contract, December 2019: AED 60,000 a yearNew contract, February 2021: AED 44,000 a yearRenewal, February 2022: AED 47,000 a yearRenewal, February 2023: AED 56,400 a yearNew contract, January 2024: AED 80,000 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 B, and where 405 sits

All 46 1-beds →

405 last sold in November 2014 at AED 1,606 per sqft, 5% below what one-beds in Marina View Towers B were fetching at the time (AED 1,687). Over the last 12 months one-beds sold for AED 1,500,000, around AED 2,444 per sqft, and rent for AED 82,000 to 120,000 a year. 405's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jul 20251,414,000
24 Feb 20251,650,000
27 Jan 20251,250,000
20 Jan 20251,500,000
1 1-bed sale in the last 12 months

Marina View Towers B

Building

101 apartments, studios to 4-bed over 11 floors in Dubai Marina, completed in 2007 by New City Developers. 2 sold in the last 12 months.

Typical price per sqft
AED 1,962
Typical sale
AED 1.51M
Typical rent
AED 100K /yr
Typical yield
6.7%
Marina View Towers B, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 101 units in Marina View Towers B
Value
4011-bedAED 619K · Jun 2009
4023-bedAED 2.58M · Aug 2013
4033-bedAED 1.75M · Apr 2009
4041-bedAED 1.1M · Aug 2023
4063-bedAED 1.5M · Apr 2013
4073-bedAED 2.62M · Jun 2025
4081-bedAED 733K · Jul 2010

405, Marina View Towers B in numbers

  • Sold 4 times: first on 15 April 2009 for AED 1,045,674, last on 24 November 2014 for AED 1,200,000 (AED 1,606 per sqft).
  • Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 168,000 to AED 44,000 in 2021 and recovered to AED 80,000 by January 2024.
  • At AED 80,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 12,400 a year (AED 16.65 per sqft).
  • One-beds in Marina View Towers B sold for AED 1,500,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,962 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 January 2024.

Questions about 405, Marina View Towers B

What did unit 405 last sell for?

AED 1,200,000 on 24 November 2014: AED 1,606 per sqft for 747 sqft. The unit has 4 registered sales; the first was AED 1,045,674 in April 2009.

What is the rent for unit 405?

AED 80,000 a year on the contract signed on 12 January 2024. The previous contract, from February 2023, was AED 56,400; the unit has been rented since January 2015.

How big is unit 405?

747 sqft (69.4 sqm): a one-bedroom apartment on the 4th floor of a 11-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 B sold for AED 1,500,000 to 1,500,000 in the last 12 months, around AED 2,444 per sqft.

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Mortgage on 405, Marina View Towers B

Starts from the last sale price (AED 1.2M, 24 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →