2-bed · 1,161 sqftMarina Arcade Tower, Dubai Marina · completed 2017

1502, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in February 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 25 February 2020
Last soldAED 1.39M25 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Marina Arcade Tower

What is 1502 worth today?

Last sold for AED 1,390,000 in 2020

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25 Feb 2020Sold by developerReady
AED 1,390,000AED 1,197 per sqft

Source: Dubai Land Department. Updated 25 February 2020.

Key facts

Type
2-bed apartment
Size
1,161 sqft
Parking
1F-73
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 18,300 /yr
Last sold
AED 1.39M · February 2020

About 1502, Marina Arcade Tower

1502 is a two-bedroom apartment of 1,161 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 25 February 2020 for AED 1,390,000, or AED 1,197 per sqft, 6% below the AED 1,270 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical two-bed in Marina Arcade Tower
1M2M2016201920222025Typical sale price by year: 2016 AED 1,797,078; 2017 AED 1,899,764; 2018 AED 1,778,120; 2019 AED 1,595,000; 2020 AED 1,115,797; 2021 AED 1,600,000; 2022 AED 1,779,470; 2023 AED 2,135,500; 2024 AED 2,220,000; 2025 AED 2,150,000; 2026 AED 2,080,900Sold by developer, February 2020: AED 1,390,000 (AED 1,197 per sqft)

1502 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1502, each contractTypical two-bed in Marina Arcade Tower
100K125K2017202020232026Typical rent by year: 2017 AED 135,000; 2018 AED 132,000; 2019 AED 115,000; 2020 AED 95,000; 2021 AED 92,308; 2022 AED 105,000; 2023 AED 125,000; 2024 AED 132,000; 2025 AED 137,250; 2026 AED 130,548

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

2-beds in Marina Arcade Tower, and where 1502 sits

All 196 2-beds →

1502 last sold in February 2020 at AED 1,197 per sqft, 6% below what two-beds in Marina Arcade Tower were fetching at the time (AED 1,270). Over the last 12 months two-beds sold for AED 1,900,000 to 2,427,065, around AED 1,547 per sqft, and rent for AED 66,000 to 200,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Sep 20262,250,000
30 Jul 202613,781
26 Jun 20261,900,000
15 May 20262,427,065
8 2-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 →

1502, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 25 February 2020 for AED 1,390,000, or AED 1,197 per sqft.
  • Two-beds in Marina Arcade Tower sold for AED 1,900,000–2,427,065 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 25 February 2020.

Questions about 1502, Marina Arcade Tower

What did unit 1502 last sell for?

AED 1,390,000 on 25 February 2020, sold by the developer: AED 1,197 per sqft for 1,161 sqft. It is the only registered sale of the unit.

How big is unit 1502?

1,161 sqft (107.9 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Arcade Tower sold for AED 1,900,000 to 2,427,065 in the last 12 months, around AED 1,547 per sqft.

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Mortgage on 1502, Marina Arcade Tower

Starts from the last sale price (AED 1.39M, 25 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,390,000
Deposit, UAE resident (20%)
AED 278,000
Deposit, non-resident (40%)
AED 556,000
Monthly over 25 years at 3.7%
AED 5,687

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