2-bed · 1,522 sqftAl Fairooz Tower, Dubai Marina · 15th floor · completed 2004

1505, Al Fairooz Tower

Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 10 July 2026
Last soldAED 1.64M17 April 2013
Current rentAED 165K /yr10 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1505, Al Fairooz Tower

What is 1505 worth today?

Last sold for AED 1,638,888 in 2013

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10 Jul 2026RentedNew contract
AED 165,000/yr12 months · AED 109 per sqft
15 Jul 2024RentedRenewal
AED 176,000/yr12 months · AED 116 per sqft
15 Jul 2024RentedRenewal
AED 176,000/yr12 months · AED 116 per sqft
15 Jul 2023RentedNew contract
AED 176,000/yr12 months · AED 116 per sqft
1 Mar 2023RentedNew contract
AED 150,000/yr4 months · AED 99 per sqft
1 Mar 2023RentedRenewal
AED 150,000/yr12 months · AED 99 per sqft
31 Mar 2022RentedRenewal
AED 154,498/yr11 months · AED 102 per sqft
22 Jul 2021RentedRenewal
AED 150,088/yr8 months · AED 99 per sqft

Source: Dubai Land Department. Updated 10 July 2026.

Key facts

Type
2-bed apartment
Size
1,522 sqft
Floor
15th of 20
Parking
2132
Developer
Emaar
Completed
2004
Service charge
AED 22,400 /yr
Last sold
AED 1.64M · April 2013

About 1505, Al Fairooz Tower

1505 is a two-bedroom apartment of 1,522 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 17 April 2013 for AED 1,638,888, or AED 1,076 per sqft, in line with the AED 1,070 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 16 Ejari contracts. The current contract, signed on 10 July 2026, is AED 165,000 a year: a gross yield of 10.1% on the 2013 price, before the service charge of about AED 22,400 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, each saleTypical two-bed in Al Fairooz Tower
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,540,000; 2009 AED 1,460,000; 2010 AED 1,725,000; 2011 AED 808,500; 2012 AED 1,777,944; 2013 AED 1,638,888; 2014 AED 2,800,000; 2017 AED 2,700,000; 2021 AED 1,300,000; 2024 AED 2,950,000Sold by developer, April 2013: AED 1,638,888 (AED 1,076 per sqft)

1505 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1505, each contractTypical two-bed in Al Fairooz Tower
150K200K2013201720212025Typical rent by year: 2013 AED 181,000; 2014 AED 192,500; 2015 AED 195,000; 2016 AED 190,000; 2017 AED 180,000; 2018 AED 149,792; 2019 AED 148,500; 2020 AED 121,250; 2021 AED 116,500; 2022 AED 145,000; 2023 AED 150,000; 2024 AED 176,000; 2025 AED 190,000; 2026 AED 177,500New contract, May 2013: AED 180,000 a yearNew contract, May 2014: AED 192,500 a yearNew contract, August 2015: AED 190,000 a yearNew contract, July 2016: AED 178,000 a yearNew contract, July 2017: AED 178,000 a yearRenewal, July 2018: AED 178,000 a yearRenewal, July 2019: AED 178,000 a yearRenewal, July 2020: AED 150,000 a yearRenewal, July 2021: AED 150,088 a yearRenewal, March 2022: AED 154,498 a yearNew contract, March 2023: AED 150,000 a yearRenewal, March 2023: AED 150,000 a yearNew contract, July 2023: AED 176,000 a yearRenewal, July 2024: AED 176,000 a yearRenewal, July 2024: AED 176,000 a yearNew contract, July 2026: AED 165,000 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 Fairooz Tower, and where 1505 sits

All 31 2-beds →

1505 last sold in April 2013 at AED 1,076 per sqft, in line with what two-beds in Al Fairooz Tower were fetching at the time (AED 1,070). Over the last 12 months two-beds sold for AED 3,100,000 to 3,250,000, around AED 2,053 per sqft, and rent for AED 150,000 to 240,000 a year. 1505's AED 165,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Aug 20263,250,000
14 Apr 20263,100,000
5 Feb 20251,012,000
4 Jul 20243,150,000
2 2-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
15043-bedAED 3.55M · Mar 2023

1505, Al Fairooz Tower in numbers

  • Sold once: by Emaar on 17 April 2013 for AED 1,638,888, or AED 1,076 per sqft.
  • Rented since May 2013 on 16 Ejari contracts, from AED 180,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2013 price is 10.1%, before a service charge of about AED 22,400 a year (AED 14.69 per sqft).
  • Two-beds in Al Fairooz Tower sold for AED 3,100,000–3,250,000 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 10 July 2026.

Questions about 1505, Al Fairooz Tower

What did unit 1505 last sell for?

AED 1,638,888 on 17 April 2013, sold by the developer: AED 1,076 per sqft for 1,522 sqft. It is the only registered sale of the unit.

What is the rent for unit 1505?

AED 165,000 a year on the contract signed on 10 July 2026. The previous contract, from July 2024, was AED 176,000; the unit has been rented since May 2013.

How big is unit 1505?

1,522 sqft (141.4 sqm): a two-bedroom apartment on the 15th floor of a 20-storey tower completed in 2004.

What is unit 1505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Fairooz Tower sold for AED 3,100,000 to 3,250,000 in the last 12 months, around AED 2,053 per sqft.

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Mortgage on 1505, Al Fairooz Tower

Starts from the last sale price (AED 1.64M, 17 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,638,888
Deposit, UAE resident (20%)
AED 327,778
Deposit, non-resident (40%)
AED 655,555
Monthly over 25 years at 3.7%
AED 6,705

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