506, Al Yass Tower
Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Al Yass Tower
What is 506 worth today?
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Source: Dubai Land Department. Updated 1 April 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,688 sqft
- Floor
- 5th of 24
- Parking
- 2525
- Developer
- Emaar
- Completed
- 2004
- Service charge
- AED 24,800 /yr
- Last sold
- AED 1.51M · July 2008
- Building
- Al Yass Tower
About 506, Al Yass Tower
506 is a two-bedroom apartment of 1,688 sqft on the 5th floor of Al Yass Tower, a 24-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 8 July 2008 for AED 1,510,000, or AED 894 per sqft, in line with the AED 894 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 140,000 a year: a gross yield of 9.3% on the 2008 price, before the service charge of about AED 24,800 a year.
Sales and rents for 506 over time
506 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Al Yass Tower, and where 506 sits
All 58 2-beds →506 last sold in July 2008 at AED 894 per sqft, in line with what two-beds in Al Yass Tower were fetching at the time (AED 894). Over the last 12 months two-beds sold for AED 3,900,000, around AED 2,581 per sqft, and rent for AED 120,000 to 240,000 a year. 506's AED 140,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Dec 202511 December 2025 | 1,511 sqft | 3,900,000 | 2,581 | ||
| 29 Sep 202529 September 2025 | 1,576 sqft | 3,500,000 | 2,220 | ||
| 14 May 202514 May 2025 | 1,688 sqft | 4,600,000 | 2,725 | ||
| 13 Jan 202513 January 2025 | 1,576 sqft | 3,700,000 | 2,347 |
Al Yass Tower
Building145 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%
Other units on the 5th floor
All 145 units in Al Yass Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,705 sqft | AED 2.6MAED 2,600,000 · Apr 2012April 2012 | ||
| 502 | 2-bed | 1,576 sqft | AED 3.45MAED 3,450,000 · Sep 2014September 2014 | 190,000 /yr | |
| 503 | 3-bed | 2,514 sqft | AED 2MAED 2,000,000 · Apr 2012April 2012 | 159,778 /yr | |
| 504 | 3-bed | 2,514 sqft | AED 1.89MAED 1,885,888 · Oct 2009October 2009 | 217,800 /yr | |
| 505 | 2-bed | 1,576 sqft | AED 1.2MAED 1,200,000 · Dec 2010December 2010 | 170,000 /yr | |
| 507 | 1-bed | 981 sqft | AED 1.5MAED 1,500,000 · Aug 2016August 2016 | 153,000 /yr |
506, Al Yass Tower in numbers
- Sold once: by Emaar on 8 July 2008 for AED 1,510,000, or AED 894 per sqft.
- Rented since March 2013 on 14 Ejari contracts. The rent fell from AED 150,000 to AED 118,000 in 2023 and recovered to AED 140,000 by April 2026.
- At AED 140,000 a year the gross yield on the 2008 price is 9.3%, before a service charge of about AED 24,800 a year (AED 14.69 per sqft).
- Two-beds in Al Yass Tower sold for AED 3,900,000–3,900,000 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 1 April 2026.
Questions about 506, Al Yass Tower
What did unit 506 last sell for?
AED 1,510,000 on 8 July 2008, sold by the developer: AED 894 per sqft for 1,688 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 140,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 140,000; the unit has been rented since March 2013.
How big is unit 506?
1,688 sqft (156.8 sqm): a two-bedroom apartment on the 5th floor of a 24-storey tower completed in 2004.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Yass Tower sold for AED 3,900,000 to 3,900,000 in the last 12 months, around AED 2,581 per sqft.
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Mortgage on 506, Al Yass Tower
Starts from the last sale price (AED 1.51M, 8 July 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,510,000
- Deposit, UAE resident (20%)
- AED 302,000
- Deposit, non-resident (40%)
- AED 604,000
- Monthly over 25 years at 3.7%
- AED 6,178
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →