508, Marina Place 1
Sold prices and rental history: sold once, by the developer in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Marina Place 1
What is 508 worth today?
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Source: Dubai Land Department. Updated 21 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 901 sqft
- Floor
- 5th of 12
- Parking
- 1
- Last sold
- AED 2.16M · December 2024
- Building
- Marina Place 1
About 508, Marina Place 1
508 is a one-bedroom apartment of 901 sqft on the 5th floor of Marina Place 1, a 12-storey tower in Al Mina. The developer sold it on 21 December 2024 for AED 2,161,888, or AED 2,398 per sqft, 9% below the AED 2,643 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 508 over time
508 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Marina Place 1, and where 508 sits
All 78 1-beds →508 last sold in December 2024 at AED 2,398 per sqft, 9% below what one-beds in Marina Place 1 were fetching at the time (AED 2,643). Over the last 12 months one-beds sold for AED 2,238,888, around AED 2,737 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Sep 20264 September 2026 | 818 sqft | 2,238,888 | 2,737 | ||
| 10 Jul 202510 July 2025 | 818 sqft | 2,372,888 | 2,901 | ||
| 7 Apr 20257 April 2025 | 802 sqft | 2,086,888 | 2,601 | ||
| 2 Mar 20252 March 2025 | 802 sqft | 2,086,888 | 2,601 |
Marina Place 1
Building162 apartments, 1-bed to 3-bed over 12 floors in Al Mina. 1 sold in the last 12 months.
- Typical price per sqft
- AED 2,737
- Typical sale
- AED 2.24M
- Typical rent
- Few contracts
- Typical yield
Other units on the 5th floor
All 162 units in Marina Place 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 819 sqft | AED 3.01MAED 3,012,888 · Jan 2025January 2025 | ||
| 502 | 2-bed | 1,165 sqft | AED 4.33MAED 4,329,888 · Jan 2025January 2025 | ||
| 503 | 3-bed | 1,723 sqft | AED 5.89MAED 5,886,888 · Jan 2025January 2025 | ||
| 504 | 2-bed | 1,298 sqft | AED 3.14MAED 3,135,888 · Jan 2025January 2025 | ||
| 505 | 1-bed | 818 sqft | AED 2.15MAED 2,149,888 · Jan 2025January 2025 | ||
| 506 | 1-bed | 802 sqft | AED 2.1MAED 2,103,888 · Feb 2025February 2025 | ||
| 507 | 1-bed | 802 sqft | AED 2.1MAED 2,103,888 · Feb 2025February 2025 | ||
| 509 | 2-bed | 1,281 sqft | AED 3.24MAED 3,243,888 · Mar 2025March 2025 | ||
| 510 | 2-bed | 1,164 sqft | AED 3.21MAED 3,209,888 · Dec 2024December 2024 | ||
| 511 | 1-bed | 818 sqft | AED 2.36MAED 2,363,888 · Feb 2025February 2025 | ||
| 512 | 2-bed | 1,327 sqft | AED 4.88MAED 4,877,888 · Jan 2025January 2025 | ||
| 513 | 2-bed | 1,310 sqft | AED 4.81MAED 4,805,888 · Feb 2025February 2025 | ||
| 514 | 2-bed | 1,164 sqft | AED 3.73MAED 3,732,888 · Jan 2025January 2025 | ||
| 515 | 1-bed | 802 sqft | AED 2.58MAED 2,575,888 · Jan 2025January 2025 |
508, Marina Place 1 in numbers
- Sold once: by the developer on 21 December 2024 for AED 2,161,888, or AED 2,398 per sqft.
- One-beds in Marina Place 1 sold for AED 2,238,888–2,238,888 in the 12 months to November 2026; the building's median across all types is AED 2,737 per sqft.
Source: Dubai Land Department. Updated 21 December 2024.
Questions about 508, Marina Place 1
What did unit 508 last sell for?
AED 2,161,888 on 21 December 2024, sold by the developer: AED 2,398 per sqft for 901 sqft. It is the only registered sale of the unit.
How big is unit 508?
901 sqft (83.7 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Place 1 sold for AED 2,238,888 to 2,238,888 in the last 12 months, around AED 2,737 per sqft.
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Mortgage on 508, Marina Place 1
Starts from the last sale price (AED 2.16M, 21 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,161,888
- Deposit, UAE resident (20%)
- AED 432,378
- Deposit, non-resident (40%)
- AED 864,755
- Monthly over 25 years at 3.7%
- AED 8,845
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →