3-bed · 2,439 sqftAl Fairooz Tower, Dubai Marina · 15th floor · completed 2004

1504, Al Fairooz Tower

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 3.55M22 March 2023
Current rentAED 230K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Al Fairooz Tower

What is 1504 worth today?

Last sold for AED 3,550,000 in 2023

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1 Sep 2026RentedNew contract
AED 230,000/yr12 months · AED 94 per sqft
14 Jul 2025RentedRenewal
AED 259,366/yr12 months · AED 106 per sqft
14 Jul 2024RentedRenewal
AED 240,000/yr12 months · AED 98 per sqft
14 Jul 2024RentedRenewal
AED 240,000/yr12 months · AED 98 per sqft
14 Jul 2023RentedNew contract
AED 230,000/yr12 months · AED 94 per sqft
14 Jul 2023RentedNew contract
AED 230,000/yr12 months · AED 94 per sqft
22 Mar 2023SoldReady
AED 3,550,000AED 1,455 per sqft
12 Jul 2022RentedRenewal
AED 165,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
3-bed apartment
Size
2,439 sqft
Floor
15th of 20
Parking
2133 , 2134
Developer
Emaar
Completed
2004
Service charge
AED 35,800 /yr
Last sold
AED 3.55M · March 2023

About 1504, Al Fairooz Tower

1504 is a three-bedroom apartment of 2,439 sqft on the 15th floor of Al Fairooz Tower, a 20-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 22 March 2023 for AED 3,550,000, or AED 1,455 per sqft, in line with the AED 1,488 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, signed on 1 September 2026, is AED 230,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 35,800 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, each saleTypical three-bed in Al Fairooz Tower
2M4M6M2008201320182023Typical sale price by year: 2008 AED 2,587,500; 2009 AED 2,550,000; 2010 AED 1,922,944; 2011 AED 2,203,750; 2012 AED 2,600,000; 2013 AED 3,150,000; 2014 AED 4,250,000; 2016 AED 3,100,000; 2017 AED 3,525,000; 2018 AED 3,000,000; 2023 AED 3,550,000; 2024 AED 3,873,451; 2025 AED 5,875,000; 2026 AED 6,075,000Sold by developer, October 2008: AED 1,907,500 (AED 782 per sqft)Sold, March 2023: AED 3,550,000 (AED 1,455 per sqft)

1504 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1504, each contractTypical three-bed in Al Fairooz Tower
200K2012201620202024Typical rent by year: 2012 AED 190,000; 2013 AED 220,000; 2014 AED 250,000; 2015 AED 250,000; 2016 AED 240,000; 2017 AED 242,500; 2018 AED 231,000; 2019 AED 206,000; 2020 AED 190,000; 2021 AED 170,000; 2022 AED 182,000; 2023 AED 230,000; 2024 AED 231,000; 2025 AED 259,683; 2026 AED 230,000New contract, March 2013: AED 275,000 a yearNew contract, June 2014: AED 240,000 a yearNew contract, June 2015: AED 240,000 a yearNew contract, May 2016: AED 234,000 a yearNew contract, May 2018: AED 234,000 a yearNew contract, July 2019: AED 167,000 a yearRenewal, July 2020: AED 160,000 a yearRenewal, July 2021: AED 145,000 a yearRenewal, July 2022: AED 165,000 a yearNew contract, July 2023: AED 230,000 a yearNew contract, July 2023: AED 230,000 a yearRenewal, July 2024: AED 240,000 a yearRenewal, July 2024: AED 240,000 a yearRenewal, July 2025: AED 259,366 a yearNew contract, September 2026: AED 230,000 a year

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 1504 sits

All 66 3-beds →

1504 last sold in March 2023 at AED 1,455 per sqft, in line with what three-beds in Al Fairooz Tower were fetching at the time (AED 1,488). 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. 1504's AED 230,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Aug 20266,950,000
12 Jun 202612,100,000
26 Feb 20265,100,000
21 Jan 20265,200,000
5 3-bed sales in the last 12 months

Al Fairooz Tower

Building

108 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%
Al Fairooz Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 108 units in Al Fairooz Tower
Value
15013-bedAED 2.88M · Jun 2013
15022-bedAED 1.62M · Mar 2013
15033-bedAED 2.33M · Jul 2019
15052-bedAED 1.64M · Apr 2013

1504, Al Fairooz Tower in numbers

  • Sold twice: first on 12 October 2008 for AED 1,907,500, last on 22 March 2023 for AED 3,550,000 (AED 1,455 per sqft).
  • Rented since March 2013 on 15 Ejari contracts. The rent fell from AED 275,000 to AED 145,000 in 2021 and recovered to AED 230,000 by September 2026.
  • At AED 230,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 35,800 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 1 September 2026.

Questions about 1504, Al Fairooz Tower

What did unit 1504 last sell for?

AED 3,550,000 on 22 March 2023: AED 1,455 per sqft for 2,439 sqft. The unit has 2 registered sales; the first was AED 1,907,500 in October 2008.

What is the rent for unit 1504?

AED 230,000 a year on the contract signed on 1 September 2026. The previous contract, from July 2025, was AED 259,366; the unit has been rented since March 2013.

How big is unit 1504?

2,439 sqft (226.6 sqm): a three-bedroom apartment on the 15th floor of a 20-storey tower completed in 2004.

What is unit 1504 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 1504, Al Fairooz Tower

Starts from the last sale price (AED 3.55M, 22 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

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