1-bed · 801 sqftMarina Arcade Tower, Dubai Marina · completed 2017

1501, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in March 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 27 September 2024
Last soldAED 1.25M7 March 2016
Current rentAED 89K /yr27 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Marina Arcade Tower

What is 1501 worth today?

Last sold for AED 1,251,000 in 2016

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27 Sep 2024RentedRenewal
AED 89,250/yr12 months · AED 112 per sqft
27 Sep 2024RentedRenewal
AED 89,250/yr12 months · AED 112 per sqft
27 Sep 2023RentedRenewal
AED 85,000/yr12 months · AED 107 per sqft
27 Sep 2022RentedRenewal
AED 82,500/yr12 months · AED 104 per sqft
27 Sep 2021RentedNew contract
AED 75,000/yr12 months · AED 94 per sqft
15 Sep 2020RentedNew contract
AED 65,000/yr12 months · AED 82 per sqft
1 Mar 2019RentedNew contract
AED 67,000/yr12 months · AED 84 per sqft
7 Jan 2018RentedNew contract
AED 90,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 27 September 2024.

Key facts

Type
1-bed apartment
Size
801 sqft
Parking
1F-8
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 12,600 /yr
Last sold
AED 1.25M · March 2016

About 1501, Marina Arcade Tower

1501 is a one-bedroom apartment of 801 sqft of Marina Arcade Tower, a 45-storey tower in Dubai Marina completed in 2017 by Marina Arcade Real Estate. The developer sold it on 7 March 2016 for AED 1,251,000, or AED 1,560 per sqft, in line with the AED 1,543 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 27 September 2024, is AED 89,250 a year: a gross yield of 7.1% on the 2016 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical one-bed in Marina Arcade Tower
1M1.25M1.5M2016201920222025Typical sale price by year: 2016 AED 1,212,675; 2017 AED 1,212,500; 2018 AED 1,300,000; 2020 AED 1,075,879; 2022 AED 1,236,218; 2023 AED 1,554,000; 2024 AED 1,395,000; 2025 AED 1,280,500Sold by developer, March 2016: AED 1,251,000 (AED 1,560 per sqft)

1501 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1501, each contractTypical one-bed in Marina Arcade Tower
60K80K100K2017202020232026Typical rent by year: 2017 AED 90,000; 2018 AED 90,000; 2019 AED 77,500; 2020 AED 75,000; 2021 AED 66,433; 2022 AED 74,400; 2023 AED 80,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 92,500New contract, August 2017: AED 90,000 a yearNew contract, January 2018: AED 90,000 a yearNew contract, March 2019: AED 67,000 a yearNew contract, September 2020: AED 65,000 a yearNew contract, September 2021: AED 75,000 a yearRenewal, September 2022: AED 82,500 a yearRenewal, September 2023: AED 85,000 a yearRenewal, September 2024: AED 89,250 a yearRenewal, September 2024: AED 89,250 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Arcade Tower, and where 1501 sits

All 37 1-beds →

1501 last sold in March 2016 at AED 1,560 per sqft, in line with what one-beds in Marina Arcade Tower were fetching at the time (AED 1,543). Over the last 12 months one-beds sold for AED 1,250,000 to 1,500,000, around AED 1,553 per sqft, and rent for AED 85,000 to 130,000 a year. 1501's AED 89,250 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jun 20261,328,000
14 Apr 20261,500,000
26 Dec 20251,250,000
30 Oct 20251,311,000
3 1-bed sales in the last 12 months

Marina Arcade Tower

Building

37 apartments, studios to 4-bed over 45 floors in Dubai Marina, completed in 2017 by Marina Arcade Real Estate. 15 sold in the last 12 months.

Typical price per sqft
AED 1,553 Up 4.7%
Typical sale
AED 2.2M
Typical rent
AED 130K /yr
Typical yield
6.2%
Marina Arcade Tower, Dubai Marina: prices, sales and rents →

1501, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 7 March 2016 for AED 1,251,000, or AED 1,560 per sqft.
  • Rented since August 2017 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 65,000 in 2020 and recovered to AED 89,250 by September 2024.
  • At AED 89,250 a year the gross yield on the 2016 price is 7.1%, before a service charge of about AED 12,600 a year (AED 15.77 per sqft).
  • One-beds in Marina Arcade Tower sold for AED 1,250,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,553 per sqft.

Source: Dubai Land Department. Updated 27 September 2024.

Questions about 1501, Marina Arcade Tower

What did unit 1501 last sell for?

AED 1,251,000 on 7 March 2016, sold by the developer: AED 1,560 per sqft for 801 sqft. It is the only registered sale of the unit.

What is the rent for unit 1501?

AED 89,250 a year on the contract renewed on 27 September 2024. The previous contract, from September 2024, was AED 89,250; the unit has been rented since August 2017.

How big is unit 1501?

801 sqft (74.4 sqm): a one-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 1501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Arcade Tower sold for AED 1,250,000 to 1,500,000 in the last 12 months, around AED 1,553 per sqft.

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Mortgage on 1501, Marina Arcade Tower

Starts from the last sale price (AED 1.25M, 7 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,251,000
Deposit, UAE resident (20%)
AED 250,200
Deposit, non-resident (40%)
AED 500,400
Monthly over 25 years at 3.7%
AED 5,118

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