1-bed · 801 sqftMarina Place 2, Al Mina · 5th floor

516, Marina Place 2

Sold prices and rental history: sold once, by the developer in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 12 January 2025
Last soldAED 2.58M12 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Marina Place 2

What is 516 worth today?

Last sold for AED 2,575,888 in 2025

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12 Jan 2025Sold by developerOff-plan
AED 2,575,888AED 3,215 per sqft

Source: Dubai Land Department. Updated 12 January 2025.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
5th of 12
Parking
1
Last sold
AED 2.58M · January 2025

About 516, Marina Place 2

516 is a one-bedroom apartment of 801 sqft on the 5th floor of Marina Place 2, a 12-storey tower in Al Mina. The developer sold it on 12 January 2025 for AED 2,575,888, or AED 3,215 per sqft, 21% above the AED 2,654 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical one-bed in Marina Place 2
2.25M2.5M202420252026Typical sale price by year: 2024 AED 2,185,888; 2025 AED 2,131,888Sold by developer, January 2025: AED 2,575,888 (AED 3,215 per sqft)

516 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Place 2, and where 516 sits

All 81 1-beds →

516 last sold in January 2025 at AED 3,215 per sqft, 21% above what one-beds in Marina Place 2 were fetching at the time (AED 2,654). Over the last 12 months one-beds sold for AED 2,085,888, around AED 2,609 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
6 May 20262,085,888
10 Jul 20252,130,888
11 Jun 20252,122,888
25 Mar 20252,086,888
1 1-bed sale in the last 12 months

Marina Place 2

Building

179 apartments, 1-bed to 3-bed over 12 floors in Al Mina. 4 sold in the last 12 months.

Typical price per sqft
AED 2,974
Typical sale
AED 3.56M
Typical rent
Few contracts
Typical yield
Marina Place 2, Al Mina: prices, sales and rents →

Other units on the 5th floor

All 179 units in Marina Place 2
Value
5012-bedAED 4.24M · Jan 2025
5022-bedAED 4.33M · Dec 2024
5033-bedAED 5.88M · Dec 2024
5042-bedAED 3.13M · Dec 2024
5051-bedAED 2.15M · Feb 2025
5061-bedAED 2.1M · Feb 2025
5071-bedAED 2.1M · Jan 2025
1–7 of 15

516, Marina Place 2 in numbers

  • Sold once: by the developer on 12 January 2025 for AED 2,575,888, or AED 3,215 per sqft.
  • One-beds in Marina Place 2 sold for AED 2,085,888–2,085,888 in the 12 months to November 2026; the building's median across all types is AED 2,974 per sqft.

Source: Dubai Land Department. Updated 12 January 2025.

Questions about 516, Marina Place 2

What did unit 516 last sell for?

AED 2,575,888 on 12 January 2025, sold by the developer: AED 3,215 per sqft for 801 sqft. It is the only registered sale of the unit.

How big is unit 516?

801 sqft (74.4 sqm): a one-bedroom apartment on the 5th floor of a 12-storey tower.

What is unit 516 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 2 sold for AED 2,085,888 to 2,085,888 in the last 12 months, around AED 2,609 per sqft.

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Mortgage on 516, Marina Place 2

Starts from the last sale price (AED 2.58M, 12 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,575,888
Deposit, UAE resident (20%)
AED 515,178
Deposit, non-resident (40%)
AED 1,030,355
Monthly over 25 years at 3.7%
AED 10,539

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →