508, Al Areifi Marina Tower(Escan Marina Tower)
Sold prices and rental history: sold once, by the developer in November 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Al Areifi Marina Tower(Escan Marina Tower)
What is 508 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 14 January 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 756 sqft
- Floor
- 5th of 31
- Parking
- B4-13
- Developer
- Tharwaa Escan Investments
- Completed
- 2016
- Service charge
- AED 13,700 /yr
- Last sold
- AED 625K · November 2018
About 508, Al Areifi Marina Tower(Escan Marina Tower)
508 is a one-bedroom apartment of 756 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. The developer sold it on 22 November 2018 for AED 624,750, or AED 826 per sqft, 19% below the AED 1,021 one-beds in the building were fetching at the time.
It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 14 January 2021, is AED 31,000 a year: a gross yield of 5.0% on the 2018 price, before the service charge of about AED 13,700 a year.
Sales and rents for 508 over time
508 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Areifi Marina Tower(Escan Marina Tower), and where 508 sits
All 202 1-beds →508 last sold in November 2018 at AED 826 per sqft, 19% below what one-beds in Al Areifi Marina Tower(Escan Marina Tower) were fetching at the time (AED 1,021). Over the last 12 months one-beds sold for AED 840,000 to 1,625,000, around AED 1,278 per sqft, and rent for AED 39,000 to 150,000 a year. 508's AED 31,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 660 sqft | 880,000 | 1,333 | ||
| 13 Jul 202613 July 2026 | 762 sqft | 1,150,000 | 1,509 | ||
| 2 Jul 20262 July 2026 | 755 sqft | 890,000 | 1,178 | ||
| 29 Jun 202629 June 2026 | 755 sqft | 906,000 | 1,199 |
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 71K /yr
- Typical yield
- 7.4%
Other units on the 5th floor
All 332 units in Al Areifi Marina Tower(Escan Marina Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,188 sqft | AED 1MAED 1,000,000 · Jun 2023June 2023 | 120,000 /yr | |
| 502 | 2-bed | 1,128 sqft | AED 1.2MAED 1,200,000 · Jun 2023June 2023 | 105,000 /yr | |
| 503 | Studio | 358 sqft | AED 740KAED 740,000 · Dec 2014December 2014 | 52,000 /yr | |
| 504 | 1-bed | 759 sqft | AED 810KAED 810,000 · Dec 2023December 2023 | 72,000 /yr | |
| 505 | 1-bed | 778 sqft | AED 775KAED 775,000 · Dec 2023December 2023 | 55,000 /yr | |
| 506 | Studio | 351 sqft | AED 610KAED 610,000 · Dec 2017December 2017 | 24,000 /yr | |
| 507 | 2-bed | 1,103 sqft | AED 1.16MAED 1,160,000 · Aug 2024August 2024 | 90,000 /yr | |
| 509 | 1-bed | 660 sqft | AED 1.14MAED 1,137,359 · May 2015May 2015 | 64,000 /yr | |
| 510 | 1-bed | 837 sqft | AED 950KAED 950,000 · Nov 2024November 2024 | 52,000 /yr | |
| 511 | 2-bed | 1,169 sqft | AED 1.2MAED 1,200,000 · Oct 2024October 2024 | 115,000 /yr |
508, Al Areifi Marina Tower(Escan Marina Tower) in numbers
- Sold once: by Tharwaa Escan Investments on 22 November 2018 for AED 624,750, or AED 826 per sqft.
- Rented since September 2019 on 2 Ejari contracts, from AED 45,000 to AED 31,000 a year.
- At AED 31,000 a year the gross yield on the 2018 price is 5.0%, before a service charge of about AED 13,700 a year (AED 18.12 per sqft).
- One-beds in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 840,000–1,625,000 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 14 January 2021.
Questions about 508, Al Areifi Marina Tower(Escan Marina Tower)
What did unit 508 last sell for?
AED 624,750 on 22 November 2018, sold by the developer: AED 826 per sqft for 756 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 31,000 a year on the contract signed on 14 January 2021. The previous contract, from September 2019, was AED 45,000.
How big is unit 508?
756 sqft (70.2 sqm): a one-bedroom apartment on the 5th floor of a 31-storey tower completed in 2016.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 840,000 to 1,625,000 in the last 12 months, around AED 1,278 per sqft.
Selling 508? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 508, Al Areifi Marina Tower(Escan Marina Tower)
Starts from the last sale price (AED 625K, 22 November 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 624,750
- Deposit, UAE resident (20%)
- AED 124,950
- Deposit, non-resident (40%)
- AED 249,900
- Monthly over 25 years at 3.7%
- AED 2,556
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →