505, Al Mesk Tower
Sold prices and rental history: sold twice, last in June 2021, 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 505, Al Mesk Tower
What is 505 worth today?
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Source: Dubai Land Department. Updated 25 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,190 sqft
- Floor
- 5th of 37
- Parking
- 2647
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.4M · June 2021
- Building
- Al Mesk Tower
About 505, Al Mesk Tower
505 is a one-bedroom apartment of 1,190 sqft on the 5th floor of Al Mesk Tower, a 37-storey tower in Dubai Marina completed in 2023 by Emaar. It last sold on 14 June 2021 for AED 1,400,000, or AED 1,176 per sqft, 8% above the AED 1,093 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 25 November 2022, is AED 110,000 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 17,500 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Mesk Tower, and where 505 sits
All 71 1-beds →505 last sold in June 2021 at AED 1,176 per sqft, 8% above what one-beds in Al Mesk Tower were fetching at the time (AED 1,093). Over the last 12 months one-beds sold for AED 2,550,000 to 3,000,000, around AED 2,048 per sqft, and rent for AED 80,000 to 210,000 a year. 505's AED 110,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jan 202616 January 2026 | 1,190 sqft | 2,550,000 | 2,142 | ||
| 17 Nov 202517 November 2025 | 1,535 sqft | 3,000,000 | 1,954 | ||
| 9 Jul 20259 July 2025 | 1,190 sqft | 2,300,000 | 1,932 | ||
| 25 Jun 202525 June 2025 | 1,535 sqft | 3,060,000 | 1,993 |
Al Mesk Tower
Building232 apartments, 1-bed to 5-bed over 37 floors in Dubai Marina, completed in 2023 by Emaar. 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,904
- Typical sale
- AED 3.95M
- Typical rent
- AED 185K /yr
- Typical yield
- 5.6%
Other units on the 5th floor
All 232 units in Al Mesk Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,715 sqft | AED 1.26MAED 1,264,000 · Feb 2013February 2013 | 175,000 /yr | |
| 502 | 1-bed | 1,190 sqft | AED 2.3MAED 2,300,000 · Jul 2025July 2025 | 155,000 /yr | |
| 503 | 4-bed | 2,901 sqft | AED 4.5MAED 4,500,000 · Jul 2023July 2023 | 165,000 /yr | |
| 504 | 4-bed | 2,901 sqft | AED 901KAED 900,500 · Aug 2009August 2009 | 420,000 /yr | |
| 506 | 2-bed | 1,698 sqft | AED 2MAED 2,000,000 · Nov 2020November 2020 | 150,000 /yr | |
| 507 | 2-bed | 1,535 sqft | AED 2.38MAED 2,375,000 · Oct 2023October 2023 | 165,000 /yr |
505, Al Mesk Tower in numbers
- Sold twice: first on 24 June 2009 for AED 740,000, last on 14 June 2021 for AED 1,400,000 (AED 1,176 per sqft).
- Rented since June 2013 on 5 Ejari contracts. The rent fell from AED 105,000 to AED 80,000 in 2020 and recovered to AED 110,000 by November 2022.
- At AED 110,000 a year the gross yield on the 2021 price is 7.9%, before a service charge of about AED 17,500 a year (AED 14.69 per sqft).
- One-beds in Al Mesk Tower sold for AED 2,550,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,904 per sqft.
Source: Dubai Land Department. Updated 25 November 2022.
Questions about 505, Al Mesk Tower
What did unit 505 last sell for?
AED 1,400,000 on 14 June 2021: AED 1,176 per sqft for 1,190 sqft. The unit has 2 registered sales; the first was AED 740,000 in June 2009.
What is the rent for unit 505?
AED 110,000 a year on the contract renewed on 25 November 2022. The previous contract, from November 2021, was AED 105,000; the unit has been rented since June 2013.
How big is unit 505?
1,190 sqft (110.6 sqm): a one-bedroom apartment on the 5th floor of a 37-storey tower completed in 2023.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Mesk Tower sold for AED 2,550,000 to 3,000,000 in the last 12 months, around AED 2,048 per sqft.
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Mortgage on 505, Al Mesk Tower
Starts from the last sale price (AED 1.4M, 14 June 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →