2-bed · 1,347 sqftBonaire, Dubai Marina · 5th floor · completed 2010

501, Bonaire

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 2.85M12 July 2024
Current rentAED 140K /yr17 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Bonaire

What is 501 worth today?

Last sold for AED 2,850,000 in 2024

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12 Jul 2024SoldReady
AED 2,850,000AED 2,115 per sqft
17 Jun 2024RentedNew contract
AED 140,000/yr12 months · AED 104 per sqft
17 Jun 2024RentedNew contract
AED 140,000/yr12 months · AED 104 per sqft
17 Jun 2023RentedRenewal
AED 140,000/yr12 months · AED 104 per sqft
17 Jun 2022RentedRenewal
AED 110,000/yr12 months · AED 82 per sqft
17 Jun 2021RentedRenewal
AED 105,000/yr12 months · AED 78 per sqft
17 Jun 2020RentedNew contract
AED 105,000/yr12 months · AED 78 per sqft
10 Jun 2019RentedNew contract
AED 155,000/yr12 months · AED 115 per sqft

Source: Dubai Land Department. Updated 12 July 2024.

Key facts

Type
2-bed apartment
Size
1,347 sqft
Floor
5th of 31
Parking
P1-1086
Developer
Emaar
Completed
2010
Service charge
AED 14,100 /yr
Last sold
AED 2.85M · July 2024
Building
Bonaire

About 501, Bonaire

501 is a two-bedroom apartment of 1,347 sqft on the 5th floor of Bonaire, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 12 July 2024 for AED 2,850,000, or AED 2,115 per sqft, 25% above the AED 1,698 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 17 June 2024, is AED 140,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 14,100 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Bonaire
2M3M2009201420192024Typical sale price by year: 2009 AED 1,495,888; 2010 AED 1,608,888; 2011 AED 1,575,000; 2012 AED 1,600,000; 2013 AED 2,029,444; 2014 AED 2,600,000; 2015 AED 2,412,500; 2016 AED 1,850,000; 2017 AED 2,050,000; 2018 AED 2,000,000; 2021 AED 1,525,000; 2022 AED 2,050,000; 2024 AED 2,400,000; 2025 AED 2,735,000; 2026 AED 2,480,000Sold by developer, March 2010: AED 1,373,888 (AED 1,019 per sqft)Sold, March 2011: AED 1,373,888 (AED 1,019 per sqft)Sold, June 2013: AED 2,050,000 (AED 1,521 per sqft)Sold, July 2024: AED 2,850,000 (AED 2,115 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Bonaire
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 130,000; 2014 AED 150,000; 2015 AED 157,500; 2016 AED 155,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 110,000; 2023 AED 130,000; 2024 AED 142,250; 2025 AED 147,500; 2026 AED 145,000New contract, November 2013: AED 150,000 a yearNew contract, June 2014: AED 155,000 a yearRenewal, June 2015: AED 155,000 a yearRenewal, June 2016: AED 155,000 a yearRenewal, June 2017: AED 155,000 a yearNew contract, June 2019: AED 155,000 a yearNew contract, June 2020: AED 105,000 a yearRenewal, June 2021: AED 105,000 a yearRenewal, June 2022: AED 110,000 a yearRenewal, June 2023: AED 140,000 a yearNew contract, June 2024: AED 140,000 a yearNew contract, June 2024: AED 140,000 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 Bonaire, and where 501 sits

All 93 2-beds →

501 last sold in July 2024 at AED 2,115 per sqft, 25% above what two-beds in Bonaire were fetching at the time (AED 1,698). Over the last 12 months two-beds sold for AED 2,015,000 to 3,000,000, around AED 1,783 per sqft, and rent for AED 50,000 to 180,000 a year. 501's AED 140,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Sep 20262,550,000
1 Jun 20262,015,000
21 May 20262,480,000
28 Apr 20262,100,000
10 2-bed sales in the last 12 months

Bonaire

Building

189 apartments, 1-bed to 3-bed over 31 floors in Dubai Marina, completed in 2010 by Emaar. 22 sold in the last 12 months.

Typical price per sqft
AED 1,847 Down 7.4%
Typical sale
AED 2.08M
Typical rent
AED 123K /yr
Typical yield
5.8%
Bonaire, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 189 units in Bonaire
Value
5022-bedAED 2.58M · Jun 2024
5032-bedAED 1.8M · Mar 2018
5041-bedAED 1.6M · Sep 2015
5051-bedAED 840K · May 2011
5061-bedAED 1.5M · Oct 2021

501, Bonaire in numbers

  • Sold 4 times: first on 14 March 2010 for AED 1,373,888, last on 12 July 2024 for AED 2,850,000 (AED 2,115 per sqft).
  • Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 150,000 to AED 105,000 in 2021 and recovered to AED 140,000 by June 2024.
  • At AED 140,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 14,100 a year (AED 10.47 per sqft).
  • Two-beds in Bonaire sold for AED 2,015,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,847 per sqft.

Source: Dubai Land Department. Updated 12 July 2024.

Questions about 501, Bonaire

What did unit 501 last sell for?

AED 2,850,000 on 12 July 2024: AED 2,115 per sqft for 1,347 sqft. The unit has 4 registered sales; the first was AED 1,373,888 in March 2010.

What is the rent for unit 501?

AED 140,000 a year on the contract signed on 17 June 2024. The previous contract, from June 2024, was AED 140,000; the unit has been rented since November 2013.

How big is unit 501?

1,347 sqft (125.1 sqm): a two-bedroom apartment on the 5th floor of a 31-storey tower completed in 2010.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bonaire sold for AED 2,015,000 to 3,000,000 in the last 12 months, around AED 1,783 per sqft.

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Mortgage on 501, Bonaire

Starts from the last sale price (AED 2.85M, 12 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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