1405, Marina Wharf Tower 1
Sold prices and rental history: sold twice, last in August 2013, 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 1405, Marina Wharf Tower 1
What is 1405 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 20 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,439 sqft
- Floor
- 14th of 27
- Parking
- B-7
- Developer
- Dheeraj & East Coast
- Completed
- 2010
- Service charge
- AED 25,600 /yr
- Last sold
- AED 1.75M · August 2013
- Building
- Marina Wharf Tower 1
About 1405, Marina Wharf Tower 1
1405 is a two-bedroom apartment of 1,439 sqft on the 14th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. It last sold on 12 August 2013 for AED 1,750,000, or AED 1,216 per sqft, 19% above the AED 1,023 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 20 November 2023, is AED 89,000 a year: a gross yield of 5.1% on the 2013 price, before the service charge of about AED 25,600 a year.
Sales and rents for 1405 over time
1405 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 Wharf Tower 1, and where 1405 sits
All 69 2-beds →1405 last sold in August 2013 at AED 1,216 per sqft, 19% above what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,023). 1405's AED 89,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Dec 202413 December 2024 | 1,439 sqft | 2,350,000 | 1,632 | ||
| 12 Aug 202412 August 2024 | 1,189 sqft | 1,950,000 | 1,640 | ||
| 30 Jul 202430 July 2024 | 1,555 sqft | 1,900,000 | 1,221 | ||
| 17 Jul 202417 July 2024 | 1,459 sqft | 2,060,000 | 1,411 |
Marina Wharf Tower 1
Building135 apartments, 1-bed to 4-bed over 27 floors in Dubai Marina, completed in 2010 by Dheeraj & East Coast. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,686
- Typical sale
- AED 2.6M
- Typical rent
- AED 118K /yr
- Typical yield
- 5.8%
Other units on the 14th floor
All 135 units in Marina Wharf Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | 2-bed | 1,181 sqft | AED 1.24MAED 1,236,950 · Feb 2012February 2012 | 110,000 /yr | |
| 1402 | 2-bed | 1,417 sqft | AED 1.27MAED 1,273,950 · Mar 2013March 2013 | 83,500 /yr | |
| 1403 | 1-bed | 823 sqft | AED 1.28MAED 1,280,000 · Jun 2024June 2024 | 115,000 /yr | |
| 1404 | 1-bed | 824 sqft | AED 1.4MAED 1,400,000 · Mar 2025March 2025 | 80,000 /yr | |
| 1406 | 1,181 sqft | AED 2.3MAED 2,300,000 · Aug 2025August 2025 | 65,000 /yr |
1405, Marina Wharf Tower 1 in numbers
- Sold twice: first on 25 July 2011 for AED 1,476,585, last on 12 August 2013 for AED 1,750,000 (AED 1,216 per sqft).
- Rented since November 2013 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 68,000 in 2020 and recovered to AED 89,000 by November 2023.
- At AED 89,000 a year the gross yield on the 2013 price is 5.1%, before a service charge of about AED 25,600 a year (AED 17.79 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 20 November 2023.
Questions about 1405, Marina Wharf Tower 1
What did unit 1405 last sell for?
AED 1,750,000 on 12 August 2013: AED 1,216 per sqft for 1,439 sqft. The unit has 2 registered sales; the first was AED 1,476,585 in July 2011.
What is the rent for unit 1405?
AED 89,000 a year on the contract renewed on 20 November 2023. The previous contract, from November 2022, was AED 82,000; the unit has been rented since November 2013.
How big is unit 1405?
1,439 sqft (133.7 sqm): a two-bedroom apartment on the 14th floor of a 27-storey tower completed in 2010.
What is unit 1405 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 1405, Marina Wharf Tower 1
Starts from the last sale price (AED 1.75M, 12 August 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →