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2-bed · 1,526 sqftAl Mass Tower, Dubai Marina · 15th floor · completed 2004

1505, Al Mass Tower

Sold prices and rental history: sold once, by the developer in April 2011, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1505 · DLD and Ejari recordsUpdated 25 October 2020
Last soldAED 980K20 April 2011
Current rentAED 90K /yr25 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1505, Al Mass Tower

What is 1505 worth today?

Last sold for AED 980,000 in 2011

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25 Oct 2020RentedNew contract
AED 90,000/yr24 months · AED 59 per sqft
25 Sep 2019RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft
20 Apr 2011Sold by developerReady
AED 980,000AED 642 per sqft

Source: Dubai Land Department. Updated 25 October 2020.

Key facts

Type
2-bed apartment
Size
1,526 sqft
Floor
15th of 28
Parking
129
Developer
Emaar
Completed
2004
Service charge
AED 22,900 /yr
Last sold
AED 980K · April 2011
Building
Al Mass Tower

About 1505, Al Mass Tower

1505 is a two-bedroom apartment of 1,526 sqft on the 15th floor of Al Mass Tower, a 28-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 20 April 2011 for AED 980,000, or AED 642 per sqft, in line with the AED 642 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 25 October 2020, is AED 90,000 a year: a gross yield of 9.2% on the 2011 price, before the service charge of about AED 22,900 a year.

Sales and rents for 1505 over time

Sales
Unit 1505, each saleTypical two-bed in Al Mass Tower
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,105,500; 2009 AED 1,119,000; 2010 AED 1,004,000; 2011 AED 1,094,000; 2012 AED 2,100,000; 2013 AED 2,700,000; 2016 AED 2,500,000; 2017 AED 2,575,000; 2021 AED 1,850,000; 2022 AED 2,580,000; 2023 AED 2,431,000; 2024 AED 3,125,000Sold by developer, April 2011: AED 980,000 (AED 642 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 Mass Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 142,000; 2013 AED 162,500; 2014 AED 185,000; 2015 AED 195,000; 2016 AED 180,000; 2017 AED 172,500; 2018 AED 155,000; 2019 AED 130,000; 2020 AED 110,000; 2021 AED 110,053; 2022 AED 120,000; 2023 AED 145,000; 2024 AED 179,025; 2025 AED 182,500; 2026 AED 180,000New contract, September 2019: AED 90,000 a yearNew contract, October 2020: AED 90,000 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 Mass Tower, and where 1505 sits

All 50 2-beds →

1505 last sold in April 2011 at AED 642 per sqft, in line with what two-beds in Al Mass Tower were fetching at the time (AED 642). Over the last 12 months two-beds sold for AED 3,500,000, around AED 2,293 per sqft, and rent for AED 130,000 to 240,000 a year. 1505's AED 90,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20263,500,000
4 Mar 20253,125,000
31 Jan 20254,000,000
22 Oct 20243,250,000
1 2-bed sale in the last 12 months

Al Mass Tower

Building

169 apartments, 1-bed to 5-bed over 28 floors in Dubai Marina, completed in 2004 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,468
Typical sale
AED 6.58M
Typical rent
AED 221K /yr
Typical yield
4.2%
Al Mass Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 169 units in Al Mass Tower
Value
15013-bedAED 4.2M · Mar 2023
15022-bedAED 1.1M · Oct 2011
15033-bedAED 1.66M · Jul 2010
15043-bedAED 1.95M · Dec 2011
15063-bedAED 4.3M · Mar 2023

1505, Al Mass Tower in numbers

  • Sold once: by Emaar on 20 April 2011 for AED 980,000, or AED 642 per sqft.
  • Rented since September 2019 on 2 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2011 price is 9.2%, before a service charge of about AED 22,900 a year (AED 15.00 per sqft).
  • Two-beds in Al Mass Tower sold for AED 3,500,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,468 per sqft.

Source: Dubai Land Department. Updated 25 October 2020.

Questions about 1505, Al Mass Tower

What did unit 1505 last sell for?

AED 980,000 on 20 April 2011, sold by the developer: AED 642 per sqft for 1,526 sqft. It is the only registered sale of the unit.

What is the rent for unit 1505?

AED 90,000 a year on the contract signed on 25 October 2020. The previous contract, from September 2019, was AED 90,000.

How big is unit 1505?

1,526 sqft (141.8 sqm): a two-bedroom apartment on the 15th floor of a 28-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 Mass Tower sold for AED 3,500,000 to 3,500,000 in the last 12 months, around AED 2,293 per sqft.

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Mortgage on 1505, Al Mass Tower

Starts from the last sale price (AED 980K, 20 April 2011). Switch to today's estimate once you have unlocked it.
Price
AED 980,000
Deposit, UAE resident (20%)
AED 196,000
Deposit, non-resident (40%)
AED 392,000
Monthly over 25 years at 3.7%
AED 4,009

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