512, Dream Towers 1
Sold prices and rental history: sold twice, last in May 2011, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 512, Dream Towers 1
What is 512 worth today?
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Source: Dubai Land Department. Updated 25 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 637 sqft
- Floor
- 5th of 29
- Parking
- B2-F512
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 14,300 /yr
- Last sold
- AED 320K · May 2011
- Building
- Dream Towers 1
About 512, Dream Towers 1
512 is a one-bedroom apartment of 637 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 10 May 2011 for AED 320,000, or AED 502 per sqft, 3% below the AED 518 one-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 25 January 2023, is AED 60,000 a year: a gross yield of 18.8% on the 2011 price, before the service charge of about AED 14,300 a year.
Sales and rents for 512 over time
512 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 512 sits
All 231 1-beds →512 last sold in May 2011 at AED 502 per sqft, 3% below what one-beds in Dream Towers 1 were fetching at the time (AED 518). 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. 512's AED 60,000 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 | |
| 508 | 1-bed | 678 sqft | AED 559KAED 558,673 · May 2011May 2011 | 70,000 /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 | |
| 513 | 2-bed | 1,522 sqft | No registered sale | 90,000 /yr | |
| 514 | 2-bed | 1,522 sqft | No registered sale | 85,000 /yr |
512, Dream Towers 1 in numbers
- Sold twice: first on 27 October 2010 for AED 700,000, last on 10 May 2011 for AED 320,000 (AED 502 per sqft).
- Rented since December 2018 on 2 Ejari contracts, from AED 55,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2011 price is 18.8%, before a service charge of about AED 14,300 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 25 January 2023.
Questions about 512, Dream Towers 1
What did unit 512 last sell for?
AED 320,000 on 10 May 2011: AED 502 per sqft for 637 sqft. The unit has 2 registered sales; the first was AED 700,000 in October 2010.
What is the rent for unit 512?
AED 60,000 a year on the contract signed on 25 January 2023. The previous contract, from December 2018, was AED 55,000.
How big is unit 512?
637 sqft (59.2 sqm): a one-bedroom apartment on the 5th floor of a 29-storey tower completed in 2009.
What is unit 512 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 512, Dream Towers 1
Starts from the last sale price (AED 320K, 10 May 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 320,000
- Deposit, UAE resident (20%)
- AED 64,000
- Deposit, non-resident (40%)
- AED 128,000
- Monthly over 25 years at 3.7%
- AED 1,309
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →