506, Al Mesk Tower
Sold prices and rental history: sold 3 times, last in November 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Mesk Tower
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 November 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,698 sqft
- Floor
- 5th of 37
- Parking
- 2645
- Developer
- Emaar
- Completed
- 2023
- Service charge
- AED 24,900 /yr
- Last sold
- AED 2M · November 2020
- Building
- Al Mesk Tower
About 506, Al Mesk Tower
506 is a two-bedroom apartment of 1,698 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 15 November 2020 for AED 2,000,000, or AED 1,177 per sqft, 13% below the AED 1,347 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 17 November 2019, is AED 150,000 a year: a gross yield of 7.5% on the 2020 price, before the service charge of about AED 24,900 a year.
Sales and rents for 506 over time
506 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Mesk Tower, and where 506 sits
All 65 2-beds →506 last sold in November 2020 at AED 1,177 per sqft, 13% below what two-beds in Al Mesk Tower were fetching at the time (AED 1,347). 506's AED 150,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Apr 20259 April 2025 | 1,715 sqft | 4,800,000 | 2,798 | ||
| 16 Dec 202416 December 2024 | 1,509 sqft | 3,500,000 | 2,319 | ||
| 16 Dec 202416 December 2024 | 1,509 sqft | 3,500,000 | 2,319 | ||
| 11 Jun 202411 June 2024 | 1,509 sqft | 3,175,000 | 2,104 |
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 | |
| 505 | 1-bed | 1,190 sqft | AED 1.4MAED 1,400,000 · Jun 2021June 2021 | 110,000 /yr | |
| 507 | 2-bed | 1,535 sqft | AED 2.38MAED 2,375,000 · Oct 2023October 2023 | 165,000 /yr |
506, Al Mesk Tower in numbers
- Sold 3 times: first on 26 February 2013 for AED 1,156,000, last on 15 November 2020 for AED 2,000,000 (AED 1,177 per sqft).
- Rented since September 2014 on 5 Ejari contracts, from AED 215,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2020 price is 7.5%, before a service charge of about AED 24,900 a year (AED 14.69 per sqft).
Source: Dubai Land Department. Updated 15 November 2020.
Questions about 506, Al Mesk Tower
What did unit 506 last sell for?
AED 2,000,000 on 15 November 2020: AED 1,177 per sqft for 1,698 sqft. The unit has 3 registered sales; the first was AED 1,156,000 in February 2013.
What is the rent for unit 506?
AED 150,000 a year on the contract renewed on 17 November 2019. The previous contract, from November 2018, was AED 150,000; the unit has been rented since September 2014.
How big is unit 506?
1,698 sqft (157.7 sqm): a two-bedroom apartment on the 5th floor of a 37-storey tower completed in 2023.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 506, Al Mesk Tower
Starts from the last sale price (AED 2M, 15 November 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →