2-bed · 1,361 sqftBlakely, Dubai Marina · 5th floor · completed 2010

502, Blakely

Sold prices and rental history: sold 3 times, last in May 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 5 May 2013
Last soldAED 1.6M5 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Blakely

What is 502 worth today?

Last sold for AED 1,600,000 in 2013

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5 May 2013SoldReady
AED 1,600,000AED 1,175 per sqft
13 Mar 2013SoldReady
AED 1,230,888AED 904 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,230,888AED 904 per sqft

Source: Dubai Land Department. Updated 5 May 2013.

Key facts

Type
2-bed apartment
Size
1,361 sqft
Floor
5th of 27
Parking
P2-2087
Developer
Emaar
Completed
2010
Service charge
AED 14,200 /yr
Last sold
AED 1.6M · May 2013
Building
Blakely

About 502, Blakely

502 is a two-bedroom apartment of 1,361 sqft on the 5th floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 5 May 2013 for AED 1,600,000, or AED 1,175 per sqft, in line with the AED 1,175 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, 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 1,230,888 (AED 904 per sqft)Sold, March 2013: AED 1,230,888 (AED 904 per sqft)Sold, May 2013: AED 1,600,000 (AED 1,175 per sqft)

502 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 502, each contractTypical two-bed in Blakely
100K150K2012201620202024Typical 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 135,000

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 502 sits

All 52 2-beds →

502 last sold in May 2013 at AED 1,175 per sqft, in line with what two-beds in Blakely were fetching at the time (AED 1,175). 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.

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 5th floor

All 164 units in Blakely
Value
5011-bedAED 770K · Jan 2011
5032-bedAED 818K · Feb 2011
5041-bedAED 1.6M · Feb 2017
5051-bedAED 648K · May 2011
5061-bedAED 500K · Jul 2012

502, Blakely in numbers

  • Sold 3 times: first on 2 March 2010 for AED 1,230,888, last on 5 May 2013 for AED 1,600,000 (AED 1,175 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 5 May 2013.

Questions about 502, Blakely

What did unit 502 last sell for?

AED 1,600,000 on 5 May 2013: AED 1,175 per sqft for 1,361 sqft. The unit has 3 registered sales; the first was AED 1,230,888 in March 2010.

How big is unit 502?

1,361 sqft (126.4 sqm): a two-bedroom apartment on the 5th floor of a 27-storey tower completed in 2010.

What is unit 502 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 502, Blakely

Starts from the last sale price (AED 1.6M, 5 May 2013). 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 →