508, Dream Towers 1
Sold prices and rental history: sold twice, last in May 2011, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Dream Towers 1
What is 508 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 678 sqft
- Floor
- 5th of 29
- Parking
- B2-F508
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 15,200 /yr
- Last sold
- AED 559K · May 2011
- Building
- Dream Towers 1
About 508, Dream Towers 1
508 is a one-bedroom apartment of 678 sqft on the 5th floor of Dream Towers 1, a 29-storey tower in Dubai Marina completed in 2009 by Desert Dream Investments & Development Properties. It last sold on 30 May 2011 for AED 558,673, or AED 824 per sqft, 56% above the AED 527 one-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 1 May 2025, is AED 70,000 a year: a gross yield of 12.5% on the 2011 price, before the service charge of about AED 15,200 a year.
Sales and rents for 508 over time
508 has sold twice; 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 508 sits
All 231 1-beds →508 last sold in May 2011 at AED 824 per sqft, 56% above what one-beds in Dream Towers 1 were fetching at the time (AED 527). 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. 508'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 5th floor
All 359 units in Dream Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 679 sqft | AED 610KAED 610,000 · Oct 2012October 2012 | 52,000 /yr | |
| 502 | 1-bed | 774 sqft | AED 420KAED 420,000 · Mar 2012March 2012 | 65,412 /yr | |
| 503 | 1-bed | 789 sqft | AED 900KAED 900,000 · Oct 2024October 2024 | 86,100 /yr | |
| 504 | 1-bed | 731 sqft | AED 800KAED 800,000 · Apr 2024April 2024 | 68,000 /yr | |
| 505 | 1-bed | 694 sqft | AED 985KAED 985,000 · Oct 2025October 2025 | 74,000 /yr | |
| 506 | 2-bed | 1,251 sqft | No registered sale | 75,000 /yr | |
| 507 | 2-bed | 1,251 sqft | No registered sale | 82,368 /yr | |
| 509 | 1-bed | 729 sqft | AED 565KAED 565,000 · Aug 2021August 2021 | 90,000 /yr | |
| 510 | 1-bed | 798 sqft | AED 1MAED 1,000,000 · May 2015May 2015 | 64,800 /yr | |
| 511 | 1-bed | 779 sqft | AED 540KAED 540,000 · May 2022May 2022 | 80,000 /yr | |
| 512 | 1-bed | 637 sqft | AED 320KAED 320,000 · May 2011May 2011 | 60,000 /yr | |
| 513 | 2-bed | 1,522 sqft | No registered sale | 90,000 /yr | |
| 514 | 2-bed | 1,522 sqft | No registered sale | 85,000 /yr |
508, Dream Towers 1 in numbers
- Sold twice: first on 30 June 2010 for AED 351,600, last on 30 May 2011 for AED 558,673 (AED 824 per sqft).
- Rented since September 2013 on 2 Ejari contracts, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2011 price is 12.5%, before a service charge of about AED 15,200 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 1 May 2025.
Questions about 508, Dream Towers 1
What did unit 508 last sell for?
AED 558,673 on 30 May 2011: AED 824 per sqft for 678 sqft. The unit has 2 registered sales; the first was AED 351,600 in June 2010.
What is the rent for unit 508?
AED 70,000 a year on the contract signed on 1 May 2025. The previous contract, from September 2013, was AED 70,000.
How big is unit 508?
678 sqft (63.0 sqm): a one-bedroom apartment on the 5th floor of a 29-storey tower completed in 2009.
What is unit 508 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 508, Dream Towers 1
Starts from the last sale price (AED 559K, 30 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 558,673
- Deposit, UAE resident (20%)
- AED 111,735
- Deposit, non-resident (40%)
- AED 223,469
- Monthly over 25 years at 3.7%
- AED 2,286
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →