Home
Dubai prices
About
Research
2-bed · 1,351 sqftAl Sahab 2, Dubai Marina · 15th floor · completed 2006

1506, Al Sahab 2

Sold prices and rental history: sold twice, last in October 2016, and rented once, from November 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 12 October 2016
Last soldAED 1.84M12 October 2016
Current rentAED 140K /yr1 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1506

Property timeline for 1506, Al Sahab 2

What is 1506 worth today?

Last sold for AED 1,837,500 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Oct 2016SoldReady
AED 1,837,500AED 1,360 per sqft
1 Nov 2015RentedNew contract
AED 140,000/yr12 months · AED 103 per sqft
14 Sep 2009Sold by developerReady
AED 1,019,800AED 754 per sqft

Source: Dubai Land Department. Updated 12 October 2016.

Key facts

Type
2-bed apartment
Size
1,351 sqft
Floor
15th of 43
Parking
95
Developer
Emaar
Completed
2006
Service charge
AED 23,800 /yr
Last sold
AED 1.84M · October 2016
Building
Al Sahab 2

About 1506, Al Sahab 2

1506 is a two-bedroom apartment of 1,351 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 12 October 2016 for AED 1,837,500, or AED 1,360 per sqft, 3% below the AED 1,406 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2015. The current contract, signed on 1 November 2015, is AED 140,000 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 23,800 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, 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, September 2009: AED 1,019,800 (AED 754 per sqft)Sold, October 2016: AED 1,837,500 (AED 1,360 per sqft)

1506 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1506, 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, November 2015: AED 140,000 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 1506 sits

All 111 2-beds →

1506 last sold in October 2016 at AED 1,360 per sqft, 3% below what two-beds in Al Sahab 2 were fetching at the time (AED 1,406). 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. 1506's AED 140,000 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
1501B2-bedAED 1.47M · Oct 2020

1506, Al Sahab 2 in numbers

  • Sold twice: first on 14 September 2009 for AED 1,019,800, last on 12 October 2016 for AED 1,837,500 (AED 1,360 per sqft).
  • Rented since November 2015 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2016 price is 7.6%, before a service charge of about AED 23,800 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 12 October 2016.

Questions about 1506, Al Sahab 2

What did unit 1506 last sell for?

AED 1,837,500 on 12 October 2016: AED 1,360 per sqft for 1,351 sqft. The unit has 2 registered sales; the first was AED 1,019,800 in September 2009.

What is the rent for unit 1506?

AED 140,000 a year on the contract signed on 1 November 2015.

How big is unit 1506?

1,351 sqft (125.5 sqm): a two-bedroom apartment on the 15th floor of a 43-storey tower completed in 2006.

What is unit 1506 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.

Selling 1506? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1506, Al Sahab 2

Starts from the last sale price (AED 1.84M, 12 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,837,500
Deposit, UAE resident (20%)
AED 367,500
Deposit, non-resident (40%)
AED 735,000
Monthly over 25 years at 3.7%
AED 7,518

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