1506, Marina Arcade Tower
Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Marina Arcade Tower
What is 1506 worth today?
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Source: Dubai Land Department. Updated 22 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,242 sqft
- Parking
- LB-84
- Developer
- Marina Arcade Real Estate
- Completed
- 2017
- Service charge
- AED 19,600 /yr
- Last sold
- AED 2.32M · October 2024
- Building
- Marina Arcade Tower
About 1506, Marina Arcade Tower
1506 is a two-bedroom apartment of 1,242 sqft of Marina Arcade Tower, a 45-storey tower in Dubai Marina completed in 2017 by Marina Arcade Real Estate. It last sold on 22 October 2024 for AED 2,320,000, or AED 1,868 per sqft, 22% above the AED 1,536 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 15 January 2022, is AED 110,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 19,600 a year.
Sales and rents for 1506 over time
1506 has sold twice; the dashed line is the two-bed median of each year in the building.
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 1506 sits
All 196 2-beds →1506 last sold in October 2024 at AED 1,868 per sqft, 22% above what two-beds in Marina Arcade Tower were fetching at the time (AED 1,536). 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. 1506's AED 110,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Sep 20269 September 2026 | 1,597 sqft | 2,250,000 | 1,409 | ||
| 30 Jul 202630 July 2026 | 1,163 sqft | 13,781 | 11 | ||
| 26 Jun 202626 June 2026 | 1,207 sqft | 1,900,000 | 1,574 | ||
| 15 May 202615 May 2026 | 1,597 sqft | 2,427,065 | 1,520 |
Marina Arcade Tower
Building37 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%
1506, Marina Arcade Tower in numbers
- Sold twice: first on 9 March 2016 for AED 1,750,000, last on 22 October 2024 for AED 2,320,000 (AED 1,868 per sqft).
- Rented since October 2017 on 5 Ejari contracts, from AED 140,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 19,600 a year (AED 15.77 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 22 October 2024.
Questions about 1506, Marina Arcade Tower
What did unit 1506 last sell for?
AED 2,320,000 on 22 October 2024: AED 1,868 per sqft for 1,242 sqft. The unit has 2 registered sales; the first was AED 1,750,000 in March 2016.
What is the rent for unit 1506?
AED 110,000 a year on the contract signed on 15 January 2022. The previous contract, from October 2020, was AED 110,000; the unit has been rented since October 2017.
How big is unit 1506?
1,242 sqft (115.4 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.
What is unit 1506 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 1506, Marina Arcade Tower
Starts from the last sale price (AED 2.32M, 22 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,320,000
- Deposit, UAE resident (20%)
- AED 464,000
- Deposit, non-resident (40%)
- AED 928,000
- Monthly over 25 years at 3.7%
- AED 9,492
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →