2-bed · 1,302 sqftBonaire, Dubai Marina · 5th floor · completed 2010

503, Bonaire

Sold prices and rental history: sold 5 times, last in March 2018, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 5 March 2018
Last soldAED 1.8M5 March 2018
Current rentAED 136K /yr13 April 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Bonaire

What is 503 worth today?

Last sold for AED 1,800,000 in 2018

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5 Mar 2018SoldReady
AED 1,800,000AED 1,382 per sqft
11 Oct 2017SoldReady
AED 1,650,000AED 1,267 per sqft
13 Apr 2016RentedNew contract
AED 136,000/yr12 months · AED 104 per sqft
1 Nov 2014RentedNew contract
AED 140,000/yr12 months · AED 107 per sqft
1 Aug 2013SoldReady
AED 2,000,000AED 1,536 per sqft
12 May 2011SoldReady
AED 859,444AED 660 per sqft
2 Mar 2010Sold by developerOff-plan
AED 1,718,888AED 1,320 per sqft

Source: Dubai Land Department. Updated 5 March 2018.

Key facts

Type
2-bed apartment
Size
1,302 sqft
Floor
5th of 31
Parking
P2-2102
Developer
Emaar
Completed
2010
Service charge
AED 13,600 /yr
Last sold
AED 1.8M · March 2018
Building
Bonaire

About 503, Bonaire

503 is a two-bedroom apartment of 1,302 sqft on the 5th floor of Bonaire, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 5 March 2018 for AED 1,800,000, or AED 1,382 per sqft, in line with the AED 1,382 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 13 April 2016, is AED 136,000 a year: a gross yield of 7.6% on the 2018 price, before the service charge of about AED 13,600 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in Bonaire
1M2M3M2009201420192024Typical 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 1,718,888 (AED 1,320 per sqft)Sold, May 2011: AED 859,444 (AED 660 per sqft)Sold, August 2013: AED 2,000,000 (AED 1,536 per sqft)Sold, October 2017: AED 1,650,000 (AED 1,267 per sqft)Sold, March 2018: AED 1,800,000 (AED 1,382 per sqft)

503 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 503, 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 2014: AED 140,000 a yearNew contract, April 2016: AED 136,000 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 503 sits

All 93 2-beds →

503 last sold in March 2018 at AED 1,382 per sqft, in line with what two-beds in Bonaire were fetching at the time (AED 1,382). 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. 503's AED 136,000 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
5012-bedAED 2.85M · Jul 2024
5022-bedAED 2.58M · Jun 2024
5041-bedAED 1.6M · Sep 2015
5051-bedAED 840K · May 2011
5061-bedAED 1.5M · Oct 2021

503, Bonaire in numbers

  • Sold 5 times: first on 2 March 2010 for AED 1,718,888, last on 5 March 2018 for AED 1,800,000 (AED 1,382 per sqft).
  • Rented since November 2014 on 2 Ejari contracts, from AED 140,000 to AED 136,000 a year.
  • At AED 136,000 a year the gross yield on the 2018 price is 7.6%, before a service charge of about AED 13,600 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 5 March 2018.

Questions about 503, Bonaire

What did unit 503 last sell for?

AED 1,800,000 on 5 March 2018: AED 1,382 per sqft for 1,302 sqft. The unit has 5 registered sales; the first was AED 1,718,888 in March 2010.

What is the rent for unit 503?

AED 136,000 a year on the contract signed on 13 April 2016. The previous contract, from November 2014, was AED 140,000.

How big is unit 503?

1,302 sqft (121.0 sqm): a two-bedroom apartment on the 5th floor of a 31-storey tower completed in 2010.

What is unit 503 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 503, Bonaire

Starts from the last sale price (AED 1.8M, 5 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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