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3-bed · 2,337 sqftAl Yass Tower, Dubai Marina · 15th floor · completed 2004

1506, Al Yass Tower

Sold prices and rental history: sold twice, last in January 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 20 January 2021
Last soldAED 2.9M20 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1506, Al Yass Tower

What is 1506 worth today?

Last sold for AED 2,900,000 in 2021

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20 Jan 2021SoldReady
AED 2,900,000AED 1,240 per sqft
23 Feb 2011Sold by developerReady
AED 1,239,500AED 530 per sqft

Source: Dubai Land Department. Updated 20 January 2021.

Key facts

Type
3-bed apartment
Size
2,337 sqft
Floor
15th of 24
Parking
2610 , 2611
Developer
Emaar
Completed
2004
Service charge
AED 34,300 /yr
Last sold
AED 2.9M · January 2021
Building
Al Yass Tower

About 1506, Al Yass Tower

1506 is a three-bedroom apartment of 2,337 sqft on the 15th floor of Al Yass Tower, a 24-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 20 January 2021 for AED 2,900,000, or AED 1,240 per sqft, 28% above the AED 972 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical three-bed in Al Yass Tower
2M4M6M2008201320182023Typical sale price by year: 2008 AED 2,600,000; 2009 AED 2,550,555; 2010 AED 1,815,000; 2011 AED 2,222,000; 2012 AED 2,537,500; 2014 AED 5,575,000; 2015 AED 5,250,000; 2021 AED 2,367,500; 2023 AED 3,800,000; 2024 AED 4,175,000Sold by developer, February 2011: AED 1,239,500 (AED 530 per sqft)Sold, January 2021: AED 2,900,000 (AED 1,240 per sqft)

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

Rents
Unit 1506, each contractTypical three-bed in Al Yass Tower
150K200K250K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 210,000; 2014 AED 232,500; 2015 AED 240,000; 2016 AED 236,250; 2017 AED 230,385; 2018 AED 200,000; 2019 AED 177,500; 2020 AED 170,000; 2021 AED 144,500; 2022 AED 175,000; 2023 AED 190,000; 2024 AED 207,500; 2025 AED 234,000; 2026 AED 247,500

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

3-beds in Al Yass Tower, and where 1506 sits

All 48 3-beds →

1506 last sold in January 2021 at AED 1,240 per sqft, 28% above what three-beds in Al Yass Tower were fetching at the time (AED 972). Over the last 12 months three-beds sold for AED 4,250,000 to 5,300,000, around AED 1,926 per sqft, and rent for AED 70,000 to 450,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Mar 20265,300,000
28 Nov 20254,250,000
28 Nov 20254,850,000
6 Jun 20244,400,000
3 3-bed sales in the last 12 months

Al Yass Tower

Building

145 apartments, 1-bed to 5-bed over 24 floors in Dubai Marina, completed in 2004 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,064
Typical sale
AED 4.55M
Typical rent
AED 200K /yr
Typical yield
5.2%
Al Yass Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 145 units in Al Yass Tower
Value
15013-bedAED 4.8M · Nov 2016
15022-bedAED 189K · Feb 2019
15033-bedAED 1.87M · Aug 2010
15043-bedAED 2.58M · Dec 2012
15052-bedAED 691K · Jul 2010

1506, Al Yass Tower in numbers

  • Sold twice: first on 23 February 2011 for AED 1,239,500, last on 20 January 2021 for AED 2,900,000 (AED 1,240 per sqft).
  • Three-beds in Al Yass Tower sold for AED 4,250,000–5,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,064 per sqft.

Source: Dubai Land Department. Updated 20 January 2021.

Questions about 1506, Al Yass Tower

What did unit 1506 last sell for?

AED 2,900,000 on 20 January 2021: AED 1,240 per sqft for 2,337 sqft. The unit has 2 registered sales; the first was AED 1,239,500 in February 2011.

How big is unit 1506?

2,337 sqft (217.1 sqm): a three-bedroom apartment on the 15th floor of a 24-storey tower completed in 2004.

What is unit 1506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Yass Tower sold for AED 4,250,000 to 5,300,000 in the last 12 months, around AED 1,926 per sqft.

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Mortgage on 1506, Al Yass Tower

Starts from the last sale price (AED 2.9M, 20 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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