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2-bed · 1,535 sqftAl Sahab 2, Dubai Marina · 15th floor · completed 2006

1501B, Al Sahab 2

Sold prices and rental history: sold 3 times, last in October 2020, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501B · DLD and Ejari recordsUpdated 19 October 2020
Last soldAED 1.47M19 October 2020
Current rentAED 130K /yr20 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1501B, Al Sahab 2

What is 1501B worth today?

Last sold for AED 1,470,000 in 2020

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19 Oct 2020SoldReady
AED 1,470,000AED 957 per sqft
20 Aug 2018RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft
20 Aug 2017RentedNew contract
AED 135,000/yr12 months · AED 88 per sqft
22 Feb 2015RentedNew contract
AED 149,570/yr12 months · AED 97 per sqft
9 May 2013SoldReady
AED 2,150,000AED 1,400 per sqft
20 Nov 2011Sold by developerReady
AED 1,148,800AED 748 per sqft

Source: Dubai Land Department. Updated 19 October 2020.

Key facts

Type
2-bed apartment
Size
1,535 sqft
Floor
15th of 43
Parking
99
Developer
Emaar
Completed
2006
Service charge
AED 27,000 /yr
Last sold
AED 1.47M · October 2020
Building
Al Sahab 2

About 1501B, Al Sahab 2

1501B is a two-bedroom apartment of 1,535 sqft on the 15th floor of Al Sahab 2, a 43-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 19 October 2020 for AED 1,470,000, or AED 957 per sqft, in line with the AED 982 two-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 20 August 2018, is AED 130,000 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 27,000 a year.

Sales and rents for 1501B over time

Sales
Unit 1501B, each saleTypical two-bed in Al Sahab 2
1M2M3M2007201220172022Typical sale price by year: 2007 AED 567,650; 2008 AED 1,318,900; 2009 AED 1,115,800; 2010 AED 1,232,000; 2011 AED 1,148,800; 2012 AED 1,700,000; 2013 AED 2,075,000; 2014 AED 1,400,000; 2015 AED 2,100,000; 2016 AED 1,900,000; 2017 AED 2,150,000; 2018 AED 1,750,000; 2019 AED 1,862,500; 2020 AED 1,360,000; 2021 AED 1,800,000; 2022 AED 2,000,000; 2023 AED 2,450,000; 2024 AED 2,532,500; 2025 AED 2,737,500Sold by developer, November 2011: AED 1,148,800 (AED 748 per sqft)Sold, May 2013: AED 2,150,000 (AED 1,400 per sqft)Sold, October 2020: AED 1,470,000 (AED 957 per sqft)

1501B has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1501B, each contractTypical two-bed in Al Sahab 2
100K125K150K2012201620202024Typical rent by year: 2012 AED 131,500; 2013 AED 135,000; 2014 AED 150,000; 2015 AED 149,180; 2016 AED 148,500; 2017 AED 140,810; 2018 AED 130,000; 2019 AED 110,000; 2020 AED 97,500; 2021 AED 95,000; 2022 AED 110,000; 2023 AED 130,000; 2024 AED 148,500; 2025 AED 148,500; 2026 AED 150,000New contract, February 2015: AED 149,570 a yearNew contract, August 2017: AED 135,000 a yearRenewal, August 2018: AED 130,000 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 Sahab 2, and where 1501B sits

All 111 2-beds →

1501B last sold in October 2020 at AED 957 per sqft, in line with what two-beds in Al Sahab 2 were fetching at the time (AED 982). Over the last 12 months two-beds sold for AED 2,600,000 to 3,400,000, around AED 1,984 per sqft, and rent for AED 108,000 to 230,000 a year. 1501B's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Sep 20262,600,000
30 Apr 20263,200,000
17 Nov 20253,400,000
13 Nov 20253,100,000
4 2-bed sales in the last 12 months

Al Sahab 2

Building

227 apartments, 1-bed to 3-bed over 43 floors in Dubai Marina, completed in 2006 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 1,984
Typical sale
AED 3.15M
Typical rent
AED 140K /yr
Typical yield
5.6%
Al Sahab 2, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 227 units in Al Sahab 2
Value
15021-bedAED 750K · Jun 2011
15032-bedAED 3.05M · Nov 2024
15043-bedAED 1.57M · Aug 2015
15051-bedAED 815K · Dec 2011
15062-bedAED 1.84M · Oct 2016

1501B, Al Sahab 2 in numbers

  • Sold 3 times: first on 20 November 2011 for AED 1,148,800, last on 19 October 2020 for AED 1,470,000 (AED 957 per sqft).
  • Rented since February 2015 on 3 Ejari contracts, from AED 149,570 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2020 price is 8.8%, before a service charge of about AED 27,000 a year (AED 17.58 per sqft).
  • Two-beds in Al Sahab 2 sold for AED 2,600,000–3,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,984 per sqft.

Source: Dubai Land Department. Updated 19 October 2020.

Questions about 1501B, Al Sahab 2

What did unit 1501B last sell for?

AED 1,470,000 on 19 October 2020: AED 957 per sqft for 1,535 sqft. The unit has 3 registered sales; the first was AED 1,148,800 in November 2011.

What is the rent for unit 1501B?

AED 130,000 a year on the contract renewed on 20 August 2018. The previous contract, from August 2017, was AED 135,000; the unit has been rented since February 2015.

How big is unit 1501B?

1,535 sqft (142.6 sqm): a two-bedroom apartment on the 15th floor of a 43-storey tower completed in 2006.

What is unit 1501B worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Sahab 2 sold for AED 2,600,000 to 3,400,000 in the last 12 months, around AED 1,984 per sqft.

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Mortgage on 1501B, Al Sahab 2

Starts from the last sale price (AED 1.47M, 19 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,000
Deposit, UAE resident (20%)
AED 294,000
Deposit, non-resident (40%)
AED 588,000
Monthly over 25 years at 3.7%
AED 6,014

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