2-bed · 1,463 sqftBlakely, Dubai Marina · 15th floor · completed 2010

1503, Blakely

Sold prices and rental history: sold 3 times, last in July 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 15 June 2023
Last soldAED 1.6M24 July 2012
Current rentAED 165K /yr15 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Blakely

What is 1503 worth today?

Last sold for AED 1,600,000 in 2012

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15 Jun 2023RentedNew contract
AED 165,000/yr24 months · AED 113 per sqft
15 Nov 2021RentedRenewal
AED 110,000/yr12 months · AED 75 per sqft
15 Nov 2020RentedNew contract
AED 110,000/yr12 months · AED 75 per sqft
28 Feb 2016RentedNew contract
AED 165,000/yr12 months · AED 113 per sqft
11 Dec 2014RentedNew contract
AED 195,000/yr12 months · AED 133 per sqft
31 Oct 2013RentedNew contract
AED 139,227/yr12 months · AED 95 per sqft
1 Nov 2012RentedNew contract
AED 140,000/yr12 months · AED 96 per sqft
24 Jul 2012SoldReady
AED 1,600,000AED 1,093 per sqft

Source: Dubai Land Department. Updated 15 June 2023.

Key facts

Type
2-bed apartment
Size
1,463 sqft
Floor
15th of 27
Parking
P1-1049
Developer
Emaar
Completed
2010
Service charge
AED 15,300 /yr
Last sold
AED 1.6M · July 2012
Building
Blakely

About 1503, Blakely

1503 is a two-bedroom apartment of 1,463 sqft on the 15th floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 24 July 2012 for AED 1,600,000, or AED 1,093 per sqft, in line with the AED 1,102 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 15 June 2023, is AED 165,000 a year: a gross yield of 10.3% on the 2012 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical two-bed in Blakely
1M2M2009201420192024Typical sale price by year: 2009 AED 1,583,388; 2010 AED 1,673,888; 2011 AED 1,617,388; 2012 AED 1,667,444; 2013 AED 1,786,944; 2014 AED 2,600,000; 2015 AED 2,050,000; 2016 AED 2,235,000; 2017 AED 1,912,500; 2019 AED 1,475,000; 2020 AED 1,500,000; 2022 AED 2,347,500; 2023 AED 2,200,000; 2026 AED 2,405,656Sold by developer, March 2010: AED 692,944 (AED 473 per sqft)Sold, May 2011: AED 692,944 (AED 473 per sqft)Sold, July 2012: AED 1,600,000 (AED 1,093 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 Blakely
100K150K200K2012201620202024Typical rent by year: 2012 AED 115,500; 2013 AED 135,000; 2014 AED 142,875; 2015 AED 157,500; 2016 AED 150,000; 2017 AED 143,950; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 95,000; 2022 AED 117,500; 2023 AED 140,000; 2024 AED 150,000; 2025 AED 145,000; 2026 AED 135,000New contract, November 2012: AED 140,000 a yearNew contract, October 2013: AED 139,227 a yearNew contract, December 2014: AED 195,000 a yearNew contract, February 2016: AED 165,000 a yearNew contract, November 2020: AED 110,000 a yearRenewal, November 2021: AED 110,000 a yearNew contract, June 2023: AED 165,000 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 Blakely, and where 1503 sits

All 52 2-beds →

1503 last sold in July 2012 at AED 1,093 per sqft, in line with what two-beds in Blakely were fetching at the time (AED 1,102). Over the last 12 months two-beds sold for AED 2,261,339 to 2,900,000, around AED 1,711 per sqft, and rent for AED 60,000 to 162,000 a year. 1503's AED 165,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 20262,600,000
14 Sep 20262,900,000
23 Jun 20262,330,000
18 May 20262,261,339
5 2-bed sales in the last 12 months

Blakely

Building

164 apartments, 1-bed to 3-bed over 27 floors in Dubai Marina, completed in 2010 by Emaar. 18 sold in the last 12 months.

Typical price per sqft
AED 1,769 Down 4.4%
Typical sale
AED 2.05M
Typical rent
AED 105K /yr
Typical yield
5.9%
Blakely, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 164 units in Blakely
Value
15011-bedAED 1.6M · Feb 2026
15022-bedAED 1.35M · Feb 2011
15041-bedAED 431K · Feb 2011
15051-bedAED 1.27M · Oct 2013
15061-bedAED 940K · Oct 2020

1503, Blakely in numbers

  • Sold 3 times: first on 23 March 2010 for AED 692,944, last on 24 July 2012 for AED 1,600,000 (AED 1,093 per sqft).
  • Rented since November 2012 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 110,000 in 2021 and recovered to AED 165,000 by June 2023.
  • At AED 165,000 a year the gross yield on the 2012 price is 10.3%, before a service charge of about AED 15,300 a year (AED 10.47 per sqft).
  • Two-beds in Blakely sold for AED 2,261,339–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,769 per sqft.

Source: Dubai Land Department. Updated 15 June 2023.

Questions about 1503, Blakely

What did unit 1503 last sell for?

AED 1,600,000 on 24 July 2012: AED 1,093 per sqft for 1,463 sqft. The unit has 3 registered sales; the first was AED 692,944 in March 2010.

What is the rent for unit 1503?

AED 165,000 a year on the contract signed on 15 June 2023. The previous contract, from November 2021, was AED 110,000; the unit has been rented since November 2012.

How big is unit 1503?

1,463 sqft (135.9 sqm): a two-bedroom apartment on the 15th floor of a 27-storey tower completed in 2010.

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 Blakely sold for AED 2,261,339 to 2,900,000 in the last 12 months, around AED 1,711 per sqft.

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Mortgage on 1503, Blakely

Starts from the last sale price (AED 1.6M, 24 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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