1-bed · 674 sqftMarina Park, Dubai Marina · 3rd floor · completed 2006

315, Marina Park

Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 25 March 2024
Last soldAED 263K16 February 2011
Current rentAED 62K /yr25 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Marina Park

What is 315 worth today?

Last sold for AED 262,500 in 2011

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25 Mar 2024RentedRenewal
AED 62,000/yr12 months · AED 91 per sqft
25 Mar 2023RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
1 Mar 2022RentedRenewal
AED 32,500/yr12 months · AED 48 per sqft
1 Mar 2021RentedNew contract
AED 30,000/yr12 months · AED 44 per sqft
1 Feb 2020RentedNew contract
AED 35,000/yr12 months · AED 52 per sqft
1 Feb 2018RentedNew contract
AED 50,000/yr12 months · AED 74 per sqft
15 Feb 2016RentedNew contract
AED 68,000/yr12 months · AED 100 per sqft
1 Jun 2015RentedNew contract
AED 84,000/yr7 months · AED 124 per sqft

Source: Dubai Land Department. Updated 25 March 2024.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
3rd of 5
Parking
26G
Developer
Global Realty Partners
Completed
2006
Service charge
AED 9,000 /yr
Last sold
AED 263K · February 2011
Building
Marina Park

About 315, Marina Park

315 is a one-bedroom apartment of 674 sqft on the 3rd floor of Marina Park, a 5-storey tower in Dubai Marina completed in 2006 by Global Realty Partners. The developer sold it on 16 February 2011 for AED 262,500, or AED 389 per sqft, in line with the AED 389 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 25 March 2024, is AED 62,000 a year: a gross yield of 23.6% on the 2011 price, before the service charge of about AED 9,000 a year.

Sales and rents for 315 over time

Sales
Unit 315, each saleTypical one-bed in Marina Park
500K2009201420192024Typical sale price by year: 2009 AED 343,170; 2010 AED 295,000; 2011 AED 356,250; 2012 AED 370,000; 2013 AED 562,500; 2014 AED 752,500; 2015 AED 650,000; 2016 AED 740,000; 2017 AED 635,000; 2021 AED 500,000; 2022 AED 562,500; 2023 AED 690,000; 2025 AED 700,000; 2026 AED 870,000Sold by developer, February 2011: AED 262,500 (AED 389 per sqft)

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

Rents
Unit 315, each contractTypical one-bed in Marina Park
25K50K75K2013201720212025Typical rent by year: 2013 AED 55,000; 2014 AED 66,500; 2015 AED 68,250; 2016 AED 70,000; 2017 AED 66,500; 2018 AED 56,500; 2019 AED 52,000; 2020 AED 43,500; 2021 AED 37,000; 2022 AED 49,000; 2023 AED 58,000; 2024 AED 62,680; 2025 AED 65,000; 2026 AED 68,500New contract, August 2014: AED 70,000 a yearNew contract, June 2015: AED 84,000 a yearNew contract, February 2016: AED 68,000 a yearNew contract, February 2018: AED 50,000 a yearNew contract, February 2020: AED 35,000 a yearNew contract, March 2021: AED 30,000 a yearRenewal, March 2022: AED 32,500 a yearNew contract, March 2023: AED 55,000 a yearRenewal, March 2024: AED 62,000 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 Park, and where 315 sits

All 41 1-beds →

315 last sold in February 2011 at AED 389 per sqft, in line with what one-beds in Marina Park were fetching at the time (AED 389). Over the last 12 months one-beds sold for AED 840,000 to 900,000, around AED 1,185 per sqft, and rent for AED 55,000 to 80,000 a year. 315's AED 62,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 May 2026870,000
21 Feb 2026840,000
2 Jan 2026900,000
8 May 2025625,000
3 1-bed sales in the last 12 months

Marina Park

Building

73 apartments, 1-bed to 4-bed over 5 floors in Dubai Marina, completed in 2006 by Global Realty Partners. 4 sold in the last 12 months.

Typical price per sqft
AED 1,165
Typical sale
AED 885K
Typical rent
AED 85K /yr
Typical yield
7.3%
Marina Park, Dubai Marina: prices, sales and rents →

Other units on the 3rd floor

All 73 units in Marina Park
Value
3012-bedAED 1M · Apr 2024
3021-bedAED 1M · Mar 2025
3032-bedAED 769K · Jan 2021
3042-bedAED 635K · Jun 2009
3052-bedAED 635K · Jun 2009
3062-bedAED 780K · Oct 2020
3072-bedAED 500K · Oct 2012
1–7 of 15

315, Marina Park in numbers

  • Sold once: by Global Realty Partners on 16 February 2011 for AED 262,500, or AED 389 per sqft.
  • Rented since August 2014 on 9 Ejari contracts. The rent fell from AED 70,000 to AED 30,000 in 2021 and recovered to AED 62,000 by March 2024.
  • At AED 62,000 a year the gross yield on the 2011 price is 23.6%, before a service charge of about AED 9,000 a year (AED 13.42 per sqft).
  • One-beds in Marina Park sold for AED 840,000–900,000 in the 12 months to November 2026; the building's median across all types is AED 1,165 per sqft.

Source: Dubai Land Department. Updated 25 March 2024.

Questions about 315, Marina Park

What did unit 315 last sell for?

AED 262,500 on 16 February 2011, sold by the developer: AED 389 per sqft for 674 sqft. It is the only registered sale of the unit.

What is the rent for unit 315?

AED 62,000 a year on the contract renewed on 25 March 2024. The previous contract, from March 2023, was AED 55,000; the unit has been rented since August 2014.

How big is unit 315?

674 sqft (62.6 sqm): a one-bedroom apartment on the 3rd floor of a 5-storey tower completed in 2006.

What is unit 315 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Park sold for AED 840,000 to 900,000 in the last 12 months, around AED 1,185 per sqft.

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Mortgage on 315, Marina Park

Starts from the last sale price (AED 263K, 16 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 262,500
Deposit, UAE resident (20%)
AED 52,500
Deposit, non-resident (40%)
AED 105,000
Monthly over 25 years at 3.7%
AED 1,074

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