3-bed · 2,399 sqftAl Fairooz Tower, Dubai Marina · 5th floor · completed 2004

506, Al Fairooz Tower

Sold prices and rental history: sold once, by the developer in June 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 11 June 2009
Last soldAED 3.69M11 June 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Al Fairooz Tower

What is 506 worth today?

Last sold for AED 3,690,446 in 2009

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11 Jun 2009Sold by developerReady
AED 3,690,446AED 1,538 per sqft

Source: Dubai Land Department. Updated 11 June 2009.

Key facts

Type
3-bed apartment
Size
2,399 sqft
Floor
5th of 20
Parking
2194 , 2195
Developer
Emaar
Completed
2004
Service charge
AED 35,200 /yr
Last sold
AED 3.69M · June 2009

About 506, Al Fairooz Tower

506 is a three-bedroom apartment of 2,399 sqft on the 5th floor of Al Fairooz Tower, a 20-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 11 June 2009 for AED 3,690,446, or AED 1,538 per sqft, 33% above the AED 1,155 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, 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, June 2009: AED 3,690,446 (AED 1,538 per sqft)

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

Rents
Unit 506, each contractTypical three-bed in Al Fairooz Tower
200K250K2012201620202024Typical 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 230,000

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 506 sits

All 66 3-beds →

506 last sold in June 2009 at AED 1,538 per sqft, 33% above what three-beds in Al Fairooz Tower were fetching at the time (AED 1,155). 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.

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 5th floor

All 108 units in Al Fairooz Tower
Value
5013-bedAED 2.9M · Mar 2010
5022-bedAED 700K · Sep 2011
5033-bedAED 4.5M · Feb 2014
5043-bedAED 1.77M · Dec 2010
5052-bedAED 2.05M · Nov 2019

506, Al Fairooz Tower in numbers

  • Sold once: by Emaar on 11 June 2009 for AED 3,690,446, or AED 1,538 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 11 June 2009.

Questions about 506, Al Fairooz Tower

What did unit 506 last sell for?

AED 3,690,446 on 11 June 2009, sold by the developer: AED 1,538 per sqft for 2,399 sqft. It is the only registered sale of the unit.

How big is unit 506?

2,399 sqft (222.9 sqm): a three-bedroom apartment on the 5th floor of a 20-storey tower completed in 2004.

What is unit 506 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 506, Al Fairooz Tower

Starts from the last sale price (AED 3.69M, 11 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 3,690,446
Deposit, UAE resident (20%)
AED 738,089
Deposit, non-resident (40%)
AED 1,476,178
Monthly over 25 years at 3.7%
AED 15,099

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