3-bed · 2,205 sqftAl Sahab 2, Dubai Marina · 5th floor · completed 2006

504, Al Sahab 2

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 16 July 2024
Last soldAED 3.4M16 July 2024
Current rentAED 230K /yr26 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Al Sahab 2

What is 504 worth today?

Last sold for AED 3,400,000 in 2024

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16 Jul 2024SoldReady
AED 3,400,000AED 1,541 per sqft
16 Jul 2024SoldReady
AED 3,400,000AED 1,541 per sqft
26 Jun 2022RentedNew contract
AED 230,000/yr12 months · AED 104 per sqft
1 May 2019RentedNew contract
AED 190,000/yr12 months · AED 86 per sqft
11 Feb 2016SoldReady
AED 3,000,000AED 1,360 per sqft
6 Oct 2014RentedNew contract
AED 180,000/yr12 months · AED 82 per sqft
6 Oct 2013RentedNew contract
AED 170,000/yr12 months · AED 77 per sqft
6 Oct 2012RentedNew contract
AED 170,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 16 July 2024.

Key facts

Type
3-bed apartment
Size
2,205 sqft
Floor
5th of 43
Parking
332 , 333
Developer
Emaar
Completed
2006
Service charge
AED 38,800 /yr
Last sold
AED 3.4M · July 2024
Building
Al Sahab 2

About 504, Al Sahab 2

504 is a three-bedroom apartment of 2,205 sqft on the 5th floor of Al Sahab 2, a 43-storey tower in Dubai Marina completed in 2006 by Emaar. It last sold on 16 July 2024 for AED 3,400,000, or AED 1,541 per sqft, 8% below the AED 1,678 three-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 26 June 2022, is AED 230,000 a year: a gross yield of 6.8% on the 2024 price, before the service charge of about AED 38,800 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical three-bed in Al Sahab 2
2M4M2008201320182023Typical sale price by year: 2008 AED 1,942,300; 2009 AED 1,824,800; 2010 AED 1,386,872; 2011 AED 2,000,000; 2012 AED 2,590,444; 2013 AED 2,729,400; 2014 AED 3,677,500; 2015 AED 3,100,000; 2017 AED 2,780,000; 2021 AED 2,650,000; 2024 AED 3,700,000; 2025 AED 4,400,000Sold by developer, July 2008: AED 1,418,800 (AED 643 per sqft)Sold, February 2016: AED 3,000,000 (AED 1,360 per sqft)Sold, July 2024: AED 3,400,000 (AED 1,541 per sqft)Sold, July 2024: AED 3,400,000 (AED 1,541 per sqft)

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

Rents
Unit 504, each contractTypical three-bed in Al Sahab 2
150K200K250K2012201620202024Typical rent by year: 2012 AED 170,000; 2013 AED 185,000; 2014 AED 200,000; 2015 AED 200,000; 2016 AED 204,662; 2017 AED 185,000; 2018 AED 180,000; 2019 AED 170,000; 2020 AED 150,000; 2021 AED 150,000; 2022 AED 170,000; 2023 AED 174,000; 2024 AED 210,000; 2025 AED 240,000; 2026 AED 229,000New contract, October 2012: AED 170,000 a yearNew contract, October 2013: AED 170,000 a yearNew contract, October 2014: AED 180,000 a yearNew contract, May 2019: AED 190,000 a yearNew contract, June 2022: AED 230,000 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 2, and where 504 sits

All 44 3-beds →

504 last sold in July 2024 at AED 1,541 per sqft, 8% below what three-beds in Al Sahab 2 were fetching at the time (AED 1,678). Over the last 12 months three-beds sold for AED 4,262,423, around AED 1,725 per sqft, and rent for AED 175,620 to 318,000 a year. 504's AED 230,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
9 Oct 20264,262,423
13 Oct 20254,300,000
2 Sep 20254,400,000
9 Jul 20254,600,000
1 3-bed sale 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 5th floor

All 227 units in Al Sahab 2
Value
5021-bedAED 693K · Dec 2011
5032-bedAED 2.18M · May 2022
5051-bedAED 1.28M · Mar 2024
5062-bedAED 1.75M · Apr 2018
501A2-bedAED 1.29M · Mar 2011

504, Al Sahab 2 in numbers

  • Sold 4 times: first on 7 July 2008 for AED 1,418,800, last on 16 July 2024 for AED 3,400,000 (AED 1,541 per sqft).
  • Rented since October 2012 on 5 Ejari contracts, from AED 170,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2024 price is 6.8%, before a service charge of about AED 38,800 a year (AED 17.58 per sqft).
  • Three-beds in Al Sahab 2 sold for AED 4,262,423–4,262,423 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 16 July 2024.

Questions about 504, Al Sahab 2

What did unit 504 last sell for?

AED 3,400,000 on 16 July 2024: AED 1,541 per sqft for 2,205 sqft. The unit has 4 registered sales; the first was AED 1,418,800 in July 2008.

What is the rent for unit 504?

AED 230,000 a year on the contract signed on 26 June 2022. The previous contract, from May 2019, was AED 190,000; the unit has been rented since October 2012.

How big is unit 504?

2,205 sqft (204.9 sqm): a three-bedroom apartment on the 5th floor of a 43-storey tower completed in 2006.

What is unit 504 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 2 sold for AED 4,262,423 to 4,262,423 in the last 12 months, around AED 1,725 per sqft.

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Mortgage on 504, Al Sahab 2

Starts from the last sale price (AED 3.4M, 16 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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