2-bed · 1,128 sqftAl Areifi Marina Tower(Escan Marina Tower), Dubai Marina · 5th floor · completed 2016

502, Al Areifi Marina Tower(Escan Marina Tower)

Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 1.2M13 June 2023
Current rentAED 105K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Al Areifi Marina Tower(Escan Marina Tower)

What is 502 worth today?

Last sold for AED 1,200,000 in 2023

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1 Mar 2025RentedNew contract
AED 105,000/yr12 months · AED 93 per sqft
1 Mar 2025RentedNew contract
AED 105,000/yr12 months · AED 93 per sqft
25 Nov 2023RentedNew contract
AED 90,000/yr12 months · AED 80 per sqft
13 Jun 2023SoldReady
AED 1,200,000AED 1,064 per sqft
1 Apr 2022RentedNew contract
AED 62,327/yr12 months · AED 55 per sqft
1 Apr 2021RentedNew contract
AED 55,000/yr12 months · AED 49 per sqft
1 Feb 2020RentedNew contract
AED 65,000/yr12 months · AED 58 per sqft
1 Dec 2018RentedRenewal
AED 80,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
2-bed apartment
Size
1,128 sqft
Floor
5th of 31
Parking
B1-03
Developer
Tharwaa Escan Investments
Completed
2016
Service charge
AED 20,400 /yr
Last sold
AED 1.2M · June 2023

About 502, Al Areifi Marina Tower(Escan Marina Tower)

502 is a two-bedroom apartment of 1,128 sqft on the 5th 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 13 June 2023 for AED 1,200,000, or AED 1,064 per sqft, 43% above the AED 744 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 March 2025, is AED 105,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 20,400 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in Al Areifi Marina Tower(Escan Marina Tower)
1M2013201720212025Typical sale price by year: 2013 AED 1,696,361; 2014 AED 1,727,055; 2015 AED 1,471,195; 2017 AED 1,250,000; 2018 AED 1,147,392; 2019 AED 949,464; 2021 AED 600,000; 2022 AED 850,000; 2023 AED 925,000; 2024 AED 1,200,000; 2025 AED 1,272,000; 2026 AED 1,530,000Sold by developer, July 2014: AED 1,274,880 (AED 1,130 per sqft)Sold, April 2017: AED 1,352,010 (AED 1,198 per sqft)Sold, August 2017: AED 537,500 (AED 482 per sqft)Sold, June 2023: AED 1,200,000 (AED 1,064 per sqft)

502 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 502, each contractTypical two-bed in Al Areifi Marina Tower(Escan Marina Tower)
50K75K100K2017202020232026Typical rent by year: 2017 AED 91,500; 2018 AED 85,000; 2019 AED 72,000; 2020 AED 64,500; 2021 AED 60,000; 2022 AED 65,000; 2023 AED 80,000; 2024 AED 97,000; 2025 AED 107,900; 2026 AED 98,000New contract, December 2017: AED 85,000 a yearRenewal, December 2018: AED 80,000 a yearNew contract, February 2020: AED 65,000 a yearNew contract, April 2021: AED 55,000 a yearNew contract, April 2022: AED 62,327 a yearNew contract, November 2023: AED 90,000 a yearNew contract, March 2025: AED 105,000 a yearNew contract, March 2025: AED 105,000 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 Al Areifi Marina Tower(Escan Marina Tower), and where 502 sits

All 93 2-beds →

502 last sold in June 2023 at AED 1,064 per sqft, 43% above what two-beds in Al Areifi Marina Tower(Escan Marina Tower) were fetching at the time (AED 744). Over the last 12 months two-beds sold for AED 1,300,000 to 1,742,597, around AED 1,262 per sqft, and rent for AED 50,000 to 175,000 a year. 502's AED 105,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 20261,530,000
24 Sep 20261,300,000
8 Jul 20261,535,000
7 Jul 20261,410,000
9 2-bed sales 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 71K /yr
Typical yield
7.4%
Al Areifi Marina Tower(Escan Marina Tower), Dubai Marina: prices, sales and rents →
Value
5012-bedAED 1M · Jun 2023
503StudioAED 740K · Dec 2014
5041-bedAED 810K · Dec 2023
5051-bedAED 775K · Dec 2023
506StudioAED 610K · Dec 2017
5072-bedAED 1.16M · Aug 2024
5081-bedAED 625K · Nov 2018
1–7 of 10

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

  • Sold 4 times: first on 23 July 2014 for AED 1,274,880, last on 13 June 2023 for AED 1,200,000 (AED 1,064 per sqft).
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 55,000 in 2021 and recovered to AED 105,000 by March 2025.
  • At AED 105,000 a year the gross yield on the 2023 price is 8.8%, before a service charge of about AED 20,400 a year (AED 18.12 per sqft).
  • Two-beds in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 1,300,000–1,742,597 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 March 2025.

Questions about 502, Al Areifi Marina Tower(Escan Marina Tower)

What did unit 502 last sell for?

AED 1,200,000 on 13 June 2023: AED 1,064 per sqft for 1,128 sqft. The unit has 4 registered sales; the first was AED 1,274,880 in July 2014.

What is the rent for unit 502?

AED 105,000 a year on the contract signed on 1 March 2025. The previous contract, from March 2025, was AED 105,000; the unit has been rented since December 2017.

How big is unit 502?

1,128 sqft (104.8 sqm): a two-bedroom apartment on the 5th floor of a 31-storey tower completed in 2016.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 1,300,000 to 1,742,597 in the last 12 months, around AED 1,262 per sqft.

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Mortgage on 502, Al Areifi Marina Tower(Escan Marina Tower)

Starts from the last sale price (AED 1.2M, 13 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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