3-bed · 2,857 sqftMarina Mansions Tower, Dubai Marina · 15th floor · completed 2007

1502, Marina Mansions Tower

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 13 September 2021
Last soldAED 2.05M13 September 2021
Current rentAED 104K /yr14 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Marina Mansions Tower

What is 1502 worth today?

Last sold for AED 2,050,000 in 2021

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13 Sep 2021SoldReady
AED 2,050,000AED 717 per sqft
14 Oct 2020RentedNew contract
AED 104,439/yr12 months · AED 37 per sqft
25 Jan 2018SoldReady
AED 2,400,000AED 840 per sqft
7 Dec 2015RentedNew contract
AED 190,000/yr12 months · AED 67 per sqft
15 Jul 2015RentedNew contract
AED 190,000/yr12 months · AED 67 per sqft
5 Sep 2014RentedNew contract
AED 187,000/yr12 months · AED 66 per sqft
5 Sep 2013RentedNew contract
AED 170,000/yr12 months · AED 60 per sqft
20 Oct 2010Sold by developerReady
AED 1,767,377AED 618 per sqft

Source: Dubai Land Department. Updated 13 September 2021.

Key facts

Type
3-bed apartment
Size
2,857 sqft
Floor
15th of 29
Parking
SECOND FLOOR (13,14)
Developer
Al Sandos
Completed
2007
Service charge
AED 44,400 /yr
Last sold
AED 2.05M · September 2021

About 1502, Marina Mansions Tower

1502 is a three-bedroom apartment of 2,857 sqft on the 15th floor of Marina Mansions Tower, a 29-storey tower in Dubai Marina completed in 2007 by Al Sandos. It last sold on 13 September 2021 for AED 2,050,000, or AED 717 per sqft, 6% above the AED 675 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 14 October 2020, is AED 104,439 a year: a gross yield of 5.1% on the 2021 price, before the service charge of about AED 44,400 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical three-bed in Marina Mansions Tower
2M2008201320182023Typical sale price by year: 2008 AED 2,354,834; 2009 AED 1,210,490; 2010 AED 1,765,377; 2011 AED 1,435,320; 2012 AED 2,175,000; 2013 AED 1,781,662; 2014 AED 3,440,000; 2017 AED 2,350,000; 2021 AED 1,930,000; 2022 AED 1,850,000; 2023 AED 2,163,437; 2024 AED 2,842,403; 2025 AED 2,971,000Sold by developer, October 2010: AED 1,767,377 (AED 618 per sqft)Sold, January 2018: AED 2,400,000 (AED 840 per sqft)Sold, September 2021: AED 2,050,000 (AED 717 per sqft)

1502 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1502, each contractTypical three-bed in Marina Mansions Tower
100K150K200K20112015201920232027Typical rent by year: 2011 AED 155,000; 2012 AED 167,400; 2013 AED 170,000; 2014 AED 190,000; 2015 AED 196,350; 2016 AED 185,000; 2017 AED 181,000; 2018 AED 155,000; 2019 AED 135,000; 2020 AED 120,000; 2021 AED 118,000; 2022 AED 138,050; 2023 AED 163,000; 2024 AED 183,000; 2025 AED 200,000; 2026 AED 202,500New contract, September 2013: AED 170,000 a yearNew contract, September 2014: AED 187,000 a yearNew contract, July 2015: AED 190,000 a yearNew contract, December 2015: AED 190,000 a yearNew contract, October 2020: AED 104,439 a year

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

3-beds in Marina Mansions Tower, and where 1502 sits

All 105 3-beds →

1502 last sold in September 2021 at AED 717 per sqft, 6% above what three-beds in Marina Mansions Tower were fetching at the time (AED 675). Over the last 12 months three-beds sold for AED 2,550,000 to 3,500,000, around AED 1,146 per sqft, and rent for AED 165,000 to 240,000 a year. 1502's AED 104,439 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Apr 20263,400,000
25 Mar 20263,000,000
25 Dec 20252,550,000
15 Dec 20253,275,000
5 3-bed sales in the last 12 months

Marina Mansions Tower

Building

120 apartments, 2-bed to 4-bed over 29 floors in Dubai Marina, completed in 2007 by Al Sandos. 7 sold in the last 12 months.

Typical price per sqft
AED 1,190
Typical sale
AED 3.4M
Typical rent
AED 205K /yr
Typical yield
6.4%
Marina Mansions Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 120 units in Marina Mansions Tower
Value
15013-bedAED 1.9M · May 2021
15033-bedAED 1.93M · Jun 2023
15043-bedAED 2.38M · Jun 2017

1502, Marina Mansions Tower in numbers

  • Sold 3 times: first on 20 October 2010 for AED 1,767,377, last on 13 September 2021 for AED 2,050,000 (AED 717 per sqft).
  • Rented since September 2013 on 5 Ejari contracts, from AED 170,000 to AED 104,439 a year.
  • At AED 104,439 a year the gross yield on the 2021 price is 5.1%, before a service charge of about AED 44,400 a year (AED 15.54 per sqft).
  • Three-beds in Marina Mansions Tower sold for AED 2,550,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,190 per sqft.

Source: Dubai Land Department. Updated 13 September 2021.

Questions about 1502, Marina Mansions Tower

What did unit 1502 last sell for?

AED 2,050,000 on 13 September 2021: AED 717 per sqft for 2,857 sqft. The unit has 3 registered sales; the first was AED 1,767,377 in October 2010.

What is the rent for unit 1502?

AED 104,439 a year on the contract signed on 14 October 2020. The previous contract, from December 2015, was AED 190,000; the unit has been rented since September 2013.

How big is unit 1502?

2,857 sqft (265.4 sqm): a three-bedroom apartment on the 15th floor of a 29-storey tower completed in 2007.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Mansions Tower sold for AED 2,550,000 to 3,500,000 in the last 12 months, around AED 1,146 per sqft.

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Mortgage on 1502, Marina Mansions Tower

Starts from the last sale price (AED 2.05M, 13 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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