1501, Al Fairooz Tower
Sold prices and rental history: sold once, by the developer in June 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, Al Fairooz Tower
What is 1501 worth today?
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Source: Dubai Land Department. Updated 16 January 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,351 sqft
- Floor
- 15th of 20
- Parking
- 2164 , 2165
- Developer
- Emaar
- Completed
- 2004
- Service charge
- AED 34,500 /yr
- Last sold
- AED 2.88M · June 2013
- Building
- Al Fairooz Tower
About 1501, Al Fairooz Tower
1501 is a three-bedroom apartment of 2,351 sqft on the 15th floor of Al Fairooz Tower, a 20-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 20 June 2013 for AED 2,875,000, or AED 1,222 per sqft, in line with the AED 1,201 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 16 January 2026, is AED 260,000 a year: a gross yield of 9.0% on the 2013 price, before the service charge of about AED 34,500 a year.
Sales and rents for 1501 over time
1501 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Al Fairooz Tower, and where 1501 sits
All 66 3-beds →1501 last sold in June 2013 at AED 1,222 per sqft, in line with what three-beds in Al Fairooz Tower were fetching at the time (AED 1,201). Over the last 12 months three-beds sold for AED 5,100,000 to 12,100,000, around AED 2,132 per sqft, and rent for AED 175,000 to 714,000 a year. 1501's AED 260,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202611 August 2026 | 2,399 sqft | 6,950,000 | 2,897 | ||
| 12 Jun 202612 June 2026 | 4,326 sqft | 12,100,000 | 2,797 | ||
| 26 Feb 202626 February 2026 | 2,439 sqft | 5,100,000 | 2,091 | ||
| 21 Jan 202621 January 2026 | 2,439 sqft | 5,200,000 | 2,132 |
Al Fairooz Tower
Building108 apartments, 2-bed to 5-bed over 20 floors in Dubai Marina, completed in 2004 by Emaar. 9 sold in the last 12 months.
- Typical price per sqft
- AED 2,070
- Typical sale
- AED 5.5M
- Typical rent
- AED 226K /yr
- Typical yield
- 5.2%
Other units on the 15th floor
All 108 units in Al Fairooz Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 2-bed | 1,522 sqft | AED 1.62MAED 1,620,000 · Mar 2013March 2013 | 165,000 /yr | |
| 1503 | 3-bed | 2,439 sqft | AED 2.33MAED 2,325,000 · Jul 2019July 2019 | 237,000 /yr | |
| 1504 | 3-bed | 2,439 sqft | AED 3.55MAED 3,550,000 · Mar 2023March 2023 | 230,000 /yr | |
| 1505 | 2-bed | 1,522 sqft | AED 1.64MAED 1,638,888 · Apr 2013April 2013 | 165,000 /yr |
1501, Al Fairooz Tower in numbers
- Sold once: by Emaar on 20 June 2013 for AED 2,875,000, or AED 1,222 per sqft.
- Rented since December 2013 on 13 Ejari contracts. The rent fell from AED 270,000 to AED 219,999 in 2022 and recovered to AED 260,000 by January 2026.
- At AED 260,000 a year the gross yield on the 2013 price is 9.0%, before a service charge of about AED 34,500 a year (AED 14.69 per sqft).
- Three-beds in Al Fairooz Tower sold for AED 5,100,000–12,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,070 per sqft.
Source: Dubai Land Department. Updated 16 January 2026.
Questions about 1501, Al Fairooz Tower
What did unit 1501 last sell for?
AED 2,875,000 on 20 June 2013, sold by the developer: AED 1,222 per sqft for 2,351 sqft. It is the only registered sale of the unit.
What is the rent for unit 1501?
AED 260,000 a year on the contract renewed on 16 January 2026. The previous contract, from January 2025, was AED 260,000; the unit has been rented since December 2013.
How big is unit 1501?
2,351 sqft (218.4 sqm): a three-bedroom apartment on the 15th floor of a 20-storey tower completed in 2004.
What is unit 1501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Fairooz Tower sold for AED 5,100,000 to 12,100,000 in the last 12 months, around AED 2,132 per sqft.
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Mortgage on 1501, Al Fairooz Tower
Starts from the last sale price (AED 2.88M, 20 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,875,000
- Deposit, UAE resident (20%)
- AED 575,000
- Deposit, non-resident (40%)
- AED 1,150,000
- Monthly over 25 years at 3.7%
- AED 11,763
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →