1506, Al Areifi Marina Tower(Escan Marina Tower)
Sold prices and rental history: sold 3 times, last in July 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Al Areifi Marina Tower(Escan Marina Tower)
What is 1506 worth today?
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Source: Dubai Land Department. Updated 3 November 2026.
Key facts
- Type
- Studio apartment
- Size
- 354 sqft
- Floor
- 15th of 31
- Parking
- B3-42
- Developer
- Tharwaa Escan Investments
- Completed
- 2016
- Service charge
- AED 6,400 /yr
- Last sold
- AED 600K · July 2023
About 1506, Al Areifi Marina Tower(Escan Marina Tower)
1506 is a studio of 354 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. It last sold on 24 July 2023 for AED 600,000, or AED 1,696 per sqft, 28% above the AED 1,324 studios in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 3 November 2026, is AED 52,000 a year: a gross yield of 8.7% on the 2023 price, before the service charge of about AED 6,400 a year.
Sales and rents for 1506 over time
1506 has sold 3 times; the dashed line is the studio median of each year in the building.
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 1506 sits
All 37 studios →1506 last sold in July 2023 at AED 1,696 per sqft, 28% above what studios in Al Areifi Marina Tower(Escan Marina Tower) were fetching at the time (AED 1,324). 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. 1506's AED 52,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 358 sqft | 688,000 | 1,920 | ||
| 20 May 202520 May 2025 | 356 sqft | 700,000 | 1,968 | ||
| 13 May 202513 May 2025 | 351 sqft | 670,000 | 1,907 | ||
| 2 Apr 20252 April 2025 | 351 sqft | 600,000 | 1,707 |
Al Areifi Marina Tower(Escan Marina Tower)
Building332 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%
Other units on the 15th floor
All 332 units in Al Areifi Marina Tower(Escan Marina Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,188 sqft | AED 1MAED 1,000,000 · Mar 2022March 2022 | 90,000 /yr | |
| 1502 | 2-bed | 1,125 sqft | AED 790KAED 790,000 · Dec 2022December 2022 | 95,000 /yr | |
| 1503 | Studio | 359 sqft | AED 576KAED 576,427 · Jul 2013July 2013 | 43,000 /yr | |
| 1504 | 1-bed | 759 sqft | AED 530KAED 530,000 · Dec 2022December 2022 | 68,355 /yr | |
| 1505 | 1-bed | 775 sqft | AED 1.15MAED 1,145,079 · Jul 2013July 2013 | 80,000 /yr | |
| 1507 | 2-bed | 1,103 sqft | AED 775KAED 775,000 · Dec 2022December 2022 | 95,000 /yr | |
| 1508 | 1-bed | 755 sqft | AED 530KAED 530,000 · Dec 2022December 2022 | 58,000 /yr | |
| 1509 | 1-bed | 660 sqft | AED 880KAED 880,000 · Aug 2026August 2026 | 74,000 /yr | |
| 1510 | 1-bed | 837 sqft | AED 690KAED 690,000 · Dec 2022December 2022 | 65,000 /yr | |
| 1511 | 2-bed | 1,169 sqft | AED 820KAED 820,000 · Dec 2022December 2022 | 83,000 /yr |
1506, Al Areifi Marina Tower(Escan Marina Tower) in numbers
- Sold 3 times: first on 22 July 2014 for AED 564,648, last on 24 July 2023 for AED 600,000 (AED 1,696 per sqft).
- Rented since September 2024 on 4 Ejari contracts, from AED 60,000 to AED 52,000 a year.
- At AED 52,000 a year the gross yield on the 2023 price is 8.7%, before a service charge of about AED 6,400 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 3 November 2026.
Questions about 1506, Al Areifi Marina Tower(Escan Marina Tower)
What did unit 1506 last sell for?
AED 600,000 on 24 July 2023: AED 1,696 per sqft for 354 sqft. The unit has 3 registered sales; the first was AED 564,648 in July 2014.
What is the rent for unit 1506?
AED 52,000 a year on the contract signed on 3 November 2026. The previous contract, from October 2025, was AED 66,000; the unit has been rented since September 2024.
How big is unit 1506?
354 sqft (32.9 sqm): a studio on the 15th floor of a 31-storey tower completed in 2016.
What is unit 1506 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 1506, Al Areifi Marina Tower(Escan Marina Tower)
Starts from the last sale price (AED 600K, 24 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →