2-bed · 1,588 sqftAl Sahab 2, Dubai Marina · 15th floor · completed 2006

1503, Al Sahab 2

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 14 November 2024
Last soldAED 3.05M14 November 2024
Current rentAED 115K /yr5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Al Sahab 2

What is 1503 worth today?

Last sold for AED 3,050,000 in 2024

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14 Nov 2024SoldReady
AED 3,050,000AED 1,920 per sqft
14 Nov 2024SoldReady
AED 3,050,000AED 1,920 per sqft
5 Aug 2024RentedRenewal
AED 114,919/yr9 months · AED 72 per sqft
5 Aug 2024RentedRenewal
AED 114,919/yr9 months · AED 72 per sqft
5 Aug 2023RentedRenewal
AED 104,738/yr12 months · AED 66 per sqft
5 Aug 2022RentedRenewal
AED 99,750/yr12 months · AED 63 per sqft
5 Aug 2021RentedNew contract
AED 95,000/yr12 months · AED 60 per sqft
5 Sep 2020RentedNew contract
AED 85,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 14 November 2024.

Key facts

Type
2-bed apartment
Size
1,588 sqft
Floor
15th of 43
Parking
97
Developer
Emaar
Completed
2006
Service charge
AED 27,900 /yr
Last sold
AED 3.05M · November 2024
Building
Al Sahab 2

About 1503, Al Sahab 2

1503 is a two-bedroom apartment of 1,588 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 14 November 2024 for AED 3,050,000, or AED 1,920 per sqft, 5% above the AED 1,824 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 5 August 2024, is AED 114,919 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 27,900 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Al Sahab 2
2M2007201220172022Typical 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, May 2013: AED 1,318,000 (AED 829 per sqft)Sold, November 2024: AED 3,050,000 (AED 1,920 per sqft)Sold, November 2024: AED 3,050,000 (AED 1,920 per sqft)

1503 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1503, each contractTypical two-bed in Al Sahab 2
100K150K2012201620202024Typical 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, November 2014: AED 180,000 a yearNew contract, September 2020: AED 85,000 a yearNew contract, August 2021: AED 95,000 a yearRenewal, August 2022: AED 99,750 a yearRenewal, August 2023: AED 104,738 a yearRenewal, August 2024: AED 114,919 a yearRenewal, August 2024: AED 114,919 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 1503 sits

All 111 2-beds →

1503 last sold in November 2024 at AED 1,920 per sqft, 5% above what two-beds in Al Sahab 2 were fetching at the time (AED 1,824). 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. 1503's AED 114,919 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
15043-bedAED 1.57M · Aug 2015
15051-bedAED 815K · Dec 2011
15062-bedAED 1.84M · Oct 2016
1501B2-bedAED 1.47M · Oct 2020

1503, Al Sahab 2 in numbers

  • Sold 3 times: first on 27 May 2013 for AED 1,318,000, last on 14 November 2024 for AED 3,050,000 (AED 1,920 per sqft).
  • Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 180,000 to AED 85,000 in 2020 and recovered to AED 114,919 by August 2024.
  • At AED 114,919 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 27,900 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 14 November 2024.

Questions about 1503, Al Sahab 2

What did unit 1503 last sell for?

AED 3,050,000 on 14 November 2024: AED 1,920 per sqft for 1,588 sqft. The unit has 3 registered sales; the first was AED 1,318,000 in May 2013.

What is the rent for unit 1503?

AED 114,919 a year on the contract renewed on 5 August 2024. The previous contract, from August 2024, was AED 114,919; the unit has been rented since November 2014.

How big is unit 1503?

1,588 sqft (147.5 sqm): a two-bedroom apartment on the 15th floor of a 43-storey tower completed in 2006.

What is unit 1503 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 1503, Al Sahab 2

Starts from the last sale price (AED 3.05M, 14 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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