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1-bed · 1,023 sqftThe Belvedere, Dubai Marina · 4th floor · completed 2010

407, The Belvedere

Sold prices and rental history: sold 4 times, last in October 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 6 October 2023
Last soldAED 950K6 October 2023
Current rentAED 68K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 407, The Belvedere

What is 407 worth today?

Last sold for AED 950,000 in 2023

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6 Oct 2023SoldReady
AED 950,000AED 928 per sqft
1 Sep 2023RentedRenewal
AED 68,250/yr12 months · AED 67 per sqft
1 Sep 2022RentedNew contract
AED 65,000/yr12 months · AED 64 per sqft
6 Jun 2022SoldReady
AED 553,221AED 540 per sqft
26 Mar 2020RentedNew contract
AED 45,000/yr12 months · AED 44 per sqft
30 Mar 2008SoldReady
AED 1,250,000AED 1,221 per sqft
7 Feb 2008Sold by developerReady
AED 670,065AED 654 per sqft

Source: Dubai Land Department. Updated 6 October 2023.

Key facts

Type
1-bed apartment
Size
1,023 sqft
Floor
4th of 6
Parking
14
Developer
ETA Star Property Developers
Completed
2010
Service charge
AED 12,300 /yr
Last sold
AED 950K · October 2023
Building
The Belvedere

About 407, The Belvedere

407 is a one-bedroom apartment of 1,023 sqft on the 4th floor of The Belvedere, a 6-storey tower in Dubai Marina completed in 2010 by ETA Star Property Developers. It last sold on 6 October 2023 for AED 950,000, or AED 928 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 68,250 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 12,300 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in The Belvedere
500K1M2008201320182023Typical sale price by year: 2008 AED 434,593; 2009 AED 302,660; 2013 AED 920,000; 2014 AED 1,130,000; 2016 AED 837,500; 2022 AED 645,000; 2023 AED 800,000Sold by developer, February 2008: AED 670,065 (AED 654 per sqft)Sold, March 2008: AED 1,250,000 (AED 1,221 per sqft)Sold, June 2022: AED 553,221 (AED 540 per sqft)Sold, October 2023: AED 950,000 (AED 928 per sqft)

407 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, each contractTypical one-bed in The Belvedere
40K60K80K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 68,000; 2014 AED 79,500; 2015 AED 86,250; 2016 AED 82,000; 2017 AED 70,000; 2018 AED 66,000; 2019 AED 58,000; 2020 AED 46,000; 2021 AED 42,500; 2022 AED 55,000; 2023 AED 68,250; 2024 AED 76,600; 2025 AED 75,000New contract, March 2020: AED 45,000 a yearNew contract, September 2022: AED 65,000 a yearRenewal, September 2023: AED 68,250 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 The Belvedere, and where 407 sits

All 23 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
15 Aug 2024930,000
6 Mar 20241,100,000
21 Dec 2023800,000
10 May 2023790,000
0 1-bed sales in the last 12 months

The Belvedere

Building

60 apartments, 1-bed to 3-bed over 6 floors in Dubai Marina, completed in 2010 by ETA Star Property Developers. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 115K /yr
Typical yield
The Belvedere, Dubai Marina: prices, sales and rents →

Other units on the 4th floor

All 60 units in The Belvedere
Value
4011-bedAED 880K · May 2016
4022-bedAED 1.03M · Feb 2021
4032-bedAED 1.2M · Jul 2011
4043-bedAED 2.4M · Nov 2024
4052-bedAED 1.14M · Jan 2008
4062-bedAED 1.67M · May 2025
4081-bedAED 303K · Dec 2007
1–7 of 8

407, The Belvedere in numbers

  • Sold 4 times: first on 7 February 2008 for AED 670,065, last on 6 October 2023 for AED 950,000 (AED 928 per sqft).
  • Rented since March 2020 on 3 Ejari contracts, from AED 45,000 to AED 68,250 a year.
  • At AED 68,250 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 12,300 a year (AED 12.00 per sqft).

Source: Dubai Land Department. Updated 6 October 2023.

Questions about 407, The Belvedere

What did unit 407 last sell for?

AED 950,000 on 6 October 2023: AED 928 per sqft for 1,023 sqft. The unit has 4 registered sales; the first was AED 670,065 in February 2008.

What is the rent for unit 407?

AED 68,250 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 65,000; the unit has been rented since March 2020.

How big is unit 407?

1,023 sqft (95.0 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2010.

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, The Belvedere

Starts from the last sale price (AED 950K, 6 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →