2-bed · 1,131 sqft52-42 Tower 2, Dubai Marina · 15th floor · completed 2020

1502, 52-42 Tower 2

Sold prices and rental history: sold twice, last in August 2022, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 11 August 2022
Last soldAED 2.6M11 August 2022
Current rentAED 165K /yr25 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, 52-42 Tower 2

What is 1502 worth today?

Last sold for AED 2,600,000 in 2022

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11 Aug 2022SoldReady
AED 2,600,000AED 2,298 per sqft
25 Oct 2021RentedNew contract
AED 165,000/yr12 months · AED 146 per sqft
23 Jun 2016Sold by developerOff-plan
AED 2,316,888AED 2,047 per sqft

Source: Dubai Land Department. Updated 11 August 2022.

Key facts

Type
2-bed apartment
Size
1,131 sqft
Floor
15th of 34
Parking
4F-112
Developer
Emaar
Completed
2020
Last sold
AED 2.6M · August 2022

About 1502, 52-42 Tower 2

1502 is a two-bedroom apartment of 1,131 sqft on the 15th floor of 52-42 Tower 2, a 34-storey tower in Dubai Marina completed in 2020 by Emaar. It last sold on 11 August 2022 for AED 2,600,000, or AED 2,298 per sqft, 18% above the AED 1,941 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 October 2021. The current contract, signed on 25 October 2021, is AED 165,000 a year: a gross yield of 6.3% on the 2022 price.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical two-bed in 52-42 Tower 2
2M3M2016201920222025Typical sale price by year: 2016 AED 2,064,888; 2017 AED 2,030,888; 2018 AED 2,068,888; 2019 AED 2,272,388; 2020 AED 1,766,500; 2021 AED 2,133,888; 2022 AED 2,250,000; 2023 AED 2,850,000; 2024 AED 2,950,000; 2025 AED 3,000,000; 2026 AED 3,015,000Sold by developer, June 2016: AED 2,316,888 (AED 2,047 per sqft)Sold, August 2022: AED 2,600,000 (AED 2,298 per sqft)

1502 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1502, each contractTypical two-bed in 52-42 Tower 2
150K175K200K2021202320252027Typical rent by year: 2021 AED 150,000; 2022 AED 150,000; 2023 AED 172,500; 2024 AED 195,000; 2025 AED 195,000; 2026 AED 170,000New contract, October 2021: AED 165,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in 52-42 Tower 2, and where 1502 sits

All 92 2-beds →

1502 last sold in August 2022 at AED 2,298 per sqft, 18% above what two-beds in 52-42 Tower 2 were fetching at the time (AED 1,941). Over the last 12 months two-beds sold for AED 2,500,000 to 3,900,000, around AED 2,566 per sqft, and rent for AED 100,000 to 250,000 a year. 1502's AED 165,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Sep 20262,800,000
1 Sep 20263,015,000
13 Jan 20263,900,000
26 Dec 20252,500,000
4 2-bed sales in the last 12 months

52-42 Tower 2

Building

191 apartments, 1-bed to 4-bed over 34 floors in Dubai Marina, completed in 2020 by Emaar. 7 sold in the last 12 months.

Typical price per sqft
AED 2,550
Typical sale
AED 2.58M
Typical rent
AED 170K /yr
Typical yield
6.3%
52-42 Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 191 units in 52-42 Tower 2
Value
15011-bedAED 1.33M · Jul 2016
15032-bedAED 2.32M · Jul 2016
15041-bedAED 1.27M · Jul 2016
15052-bedAED 2M · May 2022
15062-bedAED 2.13M · Dec 2021
15072-bedAED 2.25M · Mar 2022
15082-bedAED 2.3M · May 2022

1502, 52-42 Tower 2 in numbers

  • Sold twice: first on 23 June 2016 for AED 2,316,888, last on 11 August 2022 for AED 2,600,000 (AED 2,298 per sqft).
  • Rented since October 2021 on one Ejari contract, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2022 price is 6.3%.
  • Two-beds in 52-42 Tower 2 sold for AED 2,500,000–3,900,000 in the 12 months to November 2026; the building's median across all types is AED 2,550 per sqft.

Source: Dubai Land Department. Updated 11 August 2022.

Questions about 1502, 52-42 Tower 2

What did unit 1502 last sell for?

AED 2,600,000 on 11 August 2022: AED 2,298 per sqft for 1,131 sqft. The unit has 2 registered sales; the first was AED 2,316,888 in June 2016.

What is the rent for unit 1502?

AED 165,000 a year on the contract signed on 25 October 2021.

How big is unit 1502?

1,131 sqft (105.1 sqm): a two-bedroom apartment on the 15th floor of a 34-storey tower completed in 2020.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 52-42 Tower 2 sold for AED 2,500,000 to 3,900,000 in the last 12 months, around AED 2,566 per sqft.

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Mortgage on 1502, 52-42 Tower 2

Starts from the last sale price (AED 2.6M, 11 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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