2-bed · 1,160 sqftMarina Arcade Tower, Dubai Marina · completed 2017

502, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in June 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 27 June 2018
Last soldAED 1.45M27 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Marina Arcade Tower

What is 502 worth today?

Last sold for AED 1,446,550 in 2018

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27 Jun 2018Sold by developerReady
AED 1,446,550AED 1,246 per sqft

Source: Dubai Land Department. Updated 27 June 2018.

Key facts

Type
2-bed apartment
Size
1,160 sqft
Parking
1F-64
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 18,300 /yr
Last sold
AED 1.45M · June 2018

About 502, Marina Arcade Tower

502 is a two-bedroom apartment of 1,160 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 27 June 2018 for AED 1,446,550, or AED 1,246 per sqft, 7% below the AED 1,340 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, 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, June 2018: AED 1,446,550 (AED 1,246 per sqft)

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

Rents
Unit 502, 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 502 sits

All 196 2-beds →

502 last sold in June 2018 at AED 1,246 per sqft, 7% below what two-beds in Marina Arcade Tower were fetching at the time (AED 1,340). 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 →

502, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 27 June 2018 for AED 1,446,550, or AED 1,246 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 27 June 2018.

Questions about 502, Marina Arcade Tower

What did unit 502 last sell for?

AED 1,446,550 on 27 June 2018, sold by the developer: AED 1,246 per sqft for 1,160 sqft. It is the only registered sale of the unit.

How big is unit 502?

1,160 sqft (107.8 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 502 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 502, Marina Arcade Tower

Starts from the last sale price (AED 1.45M, 27 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,446,550
Deposit, UAE resident (20%)
AED 289,310
Deposit, non-resident (40%)
AED 578,620
Monthly over 25 years at 3.7%
AED 5,918

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