3-bed · 2,297 sqftAl Sahab 1, Dubai Marina · 15th floor · completed 2006

1504B, Al Sahab 1

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504B · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 3.8M27 May 2024
Current rentAED 250K /yr12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504B, Al Sahab 1

What is 1504B worth today?

Last sold for AED 3,800,000 in 2024

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12 Aug 2024RentedNew contract
AED 250,000/yr24 months · AED 109 per sqft
12 Aug 2024RentedNew contract
AED 250,000/yr24 months · AED 109 per sqft
27 May 2024SoldReady
AED 3,800,000AED 1,654 per sqft
27 May 2024SoldReady
AED 3,800,000AED 1,654 per sqft
4 Feb 2023RentedRenewal
AED 170,000/yr12 months · AED 74 per sqft
4 Feb 2022RentedRenewal
AED 170,000/yr12 months · AED 74 per sqft
4 Feb 2021RentedNew contract
AED 170,000/yr12 months · AED 74 per sqft
25 Oct 2018RentedRenewal
AED 205,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 12 August 2024.

Key facts

Type
3-bed apartment
Size
2,297 sqft
Floor
15th of 23
Parking
194 , 195
Developer
Emaar
Completed
2006
Service charge
AED 40,400 /yr
Last sold
AED 3.8M · May 2024
Building
Al Sahab 1

About 1504B, Al Sahab 1

1504B is a three-bedroom apartment of 2,297 sqft on the 15th floor of Al Sahab 1, a 23-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 27 May 2024 for AED 3,800,000, or AED 1,654 per sqft.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 12 August 2024, is AED 250,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 40,400 a year.

Sales and rents for 1504B over time

Sales
Unit 1504B, each saleTypical three-bed in Al Sahab 1
2M4M2008201320182023Typical sale price by year: 2008 AED 1,618,300; 2009 AED 2,180,800; 2010 AED 1,645,800; 2011 AED 1,060,000; 2012 AED 2,275,000; 2013 AED 3,000,000; 2014 AED 3,400,000; 2017 AED 3,500,000; 2022 AED 3,540,000; 2024 AED 3,850,000Sold by developer, September 2009: AED 862,900 (AED 375 per sqft)Sold, April 2012: AED 2,450,000 (AED 1,066 per sqft)Sold, May 2024: AED 3,800,000 (AED 1,654 per sqft)Sold, May 2024: AED 3,800,000 (AED 1,654 per sqft)

1504B has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1504B, each contractTypical three-bed in Al Sahab 1
150K200K250K2013201720212025Typical rent by year: 2013 AED 200,000; 2014 AED 200,000; 2015 AED 200,000; 2016 AED 211,500; 2017 AED 209,437; 2018 AED 170,000; 2019 AED 170,000; 2020 AED 140,000; 2021 AED 157,500; 2022 AED 175,000; 2023 AED 188,000; 2024 AED 230,000; 2025 AED 230,000; 2026 AED 225,000New contract, October 2016: AED 225,000 a yearRenewal, October 2017: AED 225,000 a yearRenewal, October 2018: AED 205,000 a yearNew contract, February 2021: AED 170,000 a yearRenewal, February 2022: AED 170,000 a yearRenewal, February 2023: AED 170,000 a yearNew contract, August 2024: AED 250,000 a yearNew contract, August 2024: AED 250,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Sahab 1, and where 1504B sits

All 23 3-beds →

Over the last 12 months three-beds sold for AED 3,232,880 to 4,500,000, around AED 1,721 per sqft, and rent for AED 120,000 to 250,000 a year. 1504B's AED 250,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
25 Aug 20264,500,000
20 Feb 20263,232,880
9 Jul 20254,200,000
18 Sep 20243,900,000
2 3-bed sales in the last 12 months

Al Sahab 1

Building

102 apartments, 1-bed to 3-bed over 23 floors in Dubai Marina, completed in 2006 by Emaar. 7 sold in the last 12 months.

Typical price per sqft
AED 1,616
Typical sale
AED 2.95M
Typical rent
AED 111K /yr
Typical yield
6.2%
Al Sahab 1, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 102 units in Al Sahab 1
Value
15012-bedAED 1.08M · Nov 2007
15021-bedAED 1.7M · Jul 2015
15032-bedAED 1.52M · Aug 2010
15051-bedAED 1.51M · Sep 2013

1504B, Al Sahab 1 in numbers

  • Sold 4 times: first on 29 September 2009 for AED 862,900, last on 27 May 2024 for AED 3,800,000 (AED 1,654 per sqft).
  • Rented since October 2016 on 8 Ejari contracts. The rent fell from AED 225,000 to AED 170,000 in 2023 and recovered to AED 250,000 by August 2024.
  • At AED 250,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 40,400 a year (AED 17.58 per sqft).
  • Three-beds in Al Sahab 1 sold for AED 3,232,880–4,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,616 per sqft.

Source: Dubai Land Department. Updated 12 August 2024.

Questions about 1504B, Al Sahab 1

What did unit 1504B last sell for?

AED 3,800,000 on 27 May 2024: AED 1,654 per sqft for 2,297 sqft. The unit has 4 registered sales; the first was AED 862,900 in September 2009.

What is the rent for unit 1504B?

AED 250,000 a year on the contract signed on 12 August 2024. The previous contract, from August 2024, was AED 250,000; the unit has been rented since October 2016.

How big is unit 1504B?

2,297 sqft (213.4 sqm): a three-bedroom apartment on the 15th floor of a 23-storey tower completed in 2006.

What is unit 1504B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Sahab 1 sold for AED 3,232,880 to 4,500,000 in the last 12 months, around AED 1,721 per sqft.

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Mortgage on 1504B, Al Sahab 1

Starts from the last sale price (AED 3.8M, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

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