Studio · 359 sqftAl Areifi Marina Tower(Escan Marina Tower), Dubai Marina · 15th floor · completed 2016

1503, Al Areifi Marina Tower(Escan Marina Tower)

Sold prices and rental history: sold once, by the developer in July 2013, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 576K11 July 2013
Current rentAED 43K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Al Areifi Marina Tower(Escan Marina Tower)

What is 1503 worth today?

Last sold for AED 576,427 in 2013

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1 Aug 2026RentedNew contract
AED 43,000/yr12 months · AED 120 per sqft
20 Jan 2022RentedRenewal
AED 27,000/yr13 months · AED 76 per sqft
20 Jan 2021RentedNew contract
AED 27,000/yr12 months · AED 76 per sqft
11 Jul 2013Sold by developerOff-plan
AED 576,427AED 1,606 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
Studio apartment
Size
359 sqft
Floor
15th of 31
Parking
B4-53
Developer
Tharwaa Escan Investments
Completed
2016
Service charge
AED 6,500 /yr
Last sold
AED 576K · July 2013

About 1503, Al Areifi Marina Tower(Escan Marina Tower)

1503 is a studio of 359 sqft on the 15th floor of Al Areifi Marina Tower(Escan Marina Tower), a 31-storey tower in Dubai Marina completed in 2016 by Tharwaa Escan Investments. The developer sold it on 11 July 2013 for AED 576,427, or AED 1,606 per sqft, in line with the AED 1,606 studios in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 August 2026, is AED 43,000 a year: a gross yield of 7.5% on the 2013 price, before the service charge of about AED 6,500 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical studio in Al Areifi Marina Tower(Escan Marina Tower)
250K500K750K2011201520192023Typical sale price by year: 2011 AED 217,500; 2012 AED 285,000; 2013 AED 565,748; 2014 AED 565,481; 2017 AED 487,030; 2019 AED 460,000; 2022 AED 400,000; 2023 AED 550,000; 2024 AED 640,000; 2025 AED 670,000Sold by developer, July 2013: AED 576,427 (AED 1,606 per sqft)

1503 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1503, each contractTypical studio in Al Areifi Marina Tower(Escan Marina Tower)
40K60K2017202020232026Typical rent by year: 2017 AED 50,000; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 35,000; 2021 AED 28,000; 2022 AED 35,000; 2023 AED 48,000; 2024 AED 54,000; 2025 AED 55,000; 2026 AED 48,000New contract, January 2021: AED 27,000 a yearRenewal, January 2022: AED 27,000 a yearNew contract, August 2026: AED 43,000 a year

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

Studios in Al Areifi Marina Tower(Escan Marina Tower), and where 1503 sits

All 37 studios →

1503 last sold in July 2013 at AED 1,606 per sqft, in line with what studios in Al Areifi Marina Tower(Escan Marina Tower) were fetching at the time (AED 1,606). Over the last 12 months studios sold for AED 688,000, around AED 1,920 per sqft, and rent for AED 32,681 to 60,000 a year. 1503's AED 43,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Jan 2026688,000
20 May 2025700,000
13 May 2025670,000
2 Apr 2025600,000
1 studio sale in the last 12 months

Al Areifi Marina Tower(Escan Marina Tower)

Building

332 apartments, studios to 2-bed over 31 floors in Dubai Marina, completed in 2016 by Tharwaa Escan Investments. 26 sold in the last 12 months.

Typical price per sqft
AED 1,278 Up 1.1%
Typical sale
AED 1.15M
Typical rent
AED 72K /yr
Typical yield
7.4%
Al Areifi Marina Tower(Escan Marina Tower), Dubai Marina: prices, sales and rents →
Value
15012-bedAED 1M · Mar 2022
15022-bedAED 790K · Dec 2022
15041-bedAED 530K · Dec 2022
15051-bedAED 1.15M · Jul 2013
1506StudioAED 600K · Jul 2023
15072-bedAED 775K · Dec 2022
15081-bedAED 530K · Dec 2022
1–7 of 10

1503, Al Areifi Marina Tower(Escan Marina Tower) in numbers

  • Sold once: by Tharwaa Escan Investments on 11 July 2013 for AED 576,427, or AED 1,606 per sqft.
  • Rented since January 2021 on 3 Ejari contracts, from AED 27,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2013 price is 7.5%, before a service charge of about AED 6,500 a year (AED 18.12 per sqft).
  • Studios in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 688,000–688,000 in the 12 months to November 2026; the building's median across all types is AED 1,278 per sqft.

Source: Dubai Land Department. Updated 1 August 2026.

Questions about 1503, Al Areifi Marina Tower(Escan Marina Tower)

What did unit 1503 last sell for?

AED 576,427 on 11 July 2013, sold by the developer: AED 1,606 per sqft for 359 sqft. It is the only registered sale of the unit.

What is the rent for unit 1503?

AED 43,000 a year on the contract signed on 1 August 2026. The previous contract, from January 2022, was AED 27,000; the unit has been rented since January 2021.

How big is unit 1503?

359 sqft (33.4 sqm): a studio on the 15th floor of a 31-storey tower completed in 2016.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 688,000 to 688,000 in the last 12 months, around AED 1,920 per sqft.

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Mortgage on 1503, Al Areifi Marina Tower(Escan Marina Tower)

Starts from the last sale price (AED 576K, 11 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 576,427
Deposit, UAE resident (20%)
AED 115,285
Deposit, non-resident (40%)
AED 230,571
Monthly over 25 years at 3.7%
AED 2,358

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