1511, Dream Towers 1
Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1511, Dream Towers 1
What is 1511 worth today?
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Source: Dubai Land Department. Updated 16 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 779 sqft
- Floor
- 15th of 29
- Parking
- B2-F1511
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 17,400 /yr
- Last sold
- AED 458K · July 2010
- Building
- Dream Towers 1
About 1511, Dream Towers 1
1511 is a one-bedroom apartment of 779 sqft on the 15th floor of Dream Towers 1, a 29-storey tower in Dubai Marina completed in 2009 by Desert Dream Investments & Development Properties. The developer sold it on 14 July 2010 for AED 458,000, or AED 588 per sqft, 26% above the AED 466 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 16 July 2024, is AED 70,000 a year: a gross yield of 15.3% on the 2010 price, before the service charge of about AED 17,400 a year.
Sales and rents for 1511 over time
1511 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Dream Towers 1, and where 1511 sits
All 231 1-beds →1511 last sold in July 2010 at AED 588 per sqft, 26% above what one-beds in Dream Towers 1 were fetching at the time (AED 466). Over the last 12 months one-beds sold for AED 900,000 to 1,150,000, around AED 1,352 per sqft, and rent for AED 52,000 to 170,002 a year. 1511's AED 70,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 694 sqft | 900,000 | 1,297 | ||
| 10 Mar 202610 March 2026 | 782 sqft | 1,100,000 | 1,406 | ||
| 2 Feb 20262 February 2026 | 678 sqft | 1,150,000 | 1,696 | ||
| 17 Nov 202517 November 2025 | 779 sqft | 1,000,000 | 1,284 |
Dream Towers 1
Building359 apartments, 1-bed to 4-bed over 29 floors in Dubai Marina, completed in 2009 by Desert Dream Investments & Development Properties. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,352
- Typical sale
- AED 1.05M
- Typical rent
- AED 75K /yr
- Typical yield
- 6.0%
Other units on the 15th floor
All 359 units in Dream Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 679 sqft | AED 610KAED 610,000 · Oct 2022October 2022 | 55,000 /yr | |
| 1502 | 1-bed | 774 sqft | AED 972KAED 971,584 · Dec 2024December 2024 | 77,000 /yr | |
| 1503 | 1-bed | 789 sqft | AED 1.1MAED 1,100,000 · Mar 2014March 2014 | 75,000 /yr | |
| 1504 | 1-bed | 731 sqft | AED 412KAED 412,000 · Nov 2010November 2010 | 72,000 /yr | |
| 1505 | 1-bed | 694 sqft | AED 545KAED 545,000 · Oct 2022October 2022 | 63,000 /yr | |
| 1506 | 2-bed | 1,251 sqft | No registered sale | 82,000 /yr | |
| 1507 | 2-bed | 1,251 sqft | No registered sale | 82,583 /yr | |
| 1508 | 1-bed | 678 sqft | AED 454KAED 454,000 · Aug 2010August 2010 | 66,240 /yr | |
| 1509 | 1-bed | 729 sqft | AED 860KAED 860,000 · Nov 2024November 2024 | 68,000 /yr | |
| 1510 | 1-bed | 798 sqft | AED 625KAED 625,000 · May 2011May 2011 | 68,000 /yr | |
| 1512 | 1-bed | 637 sqft | AED 550KAED 550,000 · Nov 2022November 2022 | 75,000 /yr | |
| 1513 | 2-bed | 1,522 sqft | No registered sale | 90,000 /yr | |
| 1514 | 2-bed | 1,522 sqft | No registered sale | 76,650 /yr |
1511, Dream Towers 1 in numbers
- Sold once: by Desert Dream Investments & Development Properties on 14 July 2010 for AED 458,000, or AED 588 per sqft.
- Rented since November 2012 on 10 Ejari contracts. The rent fell from AED 63,000 to AED 56,000 in 2023 and recovered to AED 70,000 by July 2024.
- At AED 70,000 a year the gross yield on the 2010 price is 15.3%, before a service charge of about AED 17,400 a year (AED 22.41 per sqft).
- One-beds in Dream Towers 1 sold for AED 900,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,352 per sqft.
Source: Dubai Land Department. Updated 16 July 2024.
Questions about 1511, Dream Towers 1
What did unit 1511 last sell for?
AED 458,000 on 14 July 2010, sold by the developer: AED 588 per sqft for 779 sqft. It is the only registered sale of the unit.
What is the rent for unit 1511?
AED 70,000 a year on the contract renewed on 16 July 2024. The previous contract, from July 2024, was AED 70,000; the unit has been rented since November 2012.
How big is unit 1511?
779 sqft (72.4 sqm): a one-bedroom apartment on the 15th floor of a 29-storey tower completed in 2009.
What is unit 1511 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Dream Towers 1 sold for AED 900,000 to 1,150,000 in the last 12 months, around AED 1,352 per sqft.
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Mortgage on 1511, Dream Towers 1
Starts from the last sale price (AED 458K, 14 July 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 458,000
- Deposit, UAE resident (20%)
- AED 91,600
- Deposit, non-resident (40%)
- AED 183,200
- Monthly over 25 years at 3.7%
- AED 1,874
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →