1-bed · 674 sqftMarina Park, Dubai Marina · 5th floor · completed 2006

515, Marina Park

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

Unit 515 · DLD and Ejari recordsUpdated 10 March 2021
Last soldAED 300K27 January 2021
Current rentAED 38K /yr10 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 515, Marina Park

What is 515 worth today?

Last sold for AED 300,000 in 2021

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10 Mar 2021RentedNew contract
AED 38,000/yr12 months · AED 56 per sqft
27 Jan 2021SoldReady
AED 300,000AED 445 per sqft
11 Apr 2019Sold by developerReady
AED 390,000AED 578 per sqft
1 Jun 2018RentedNew contract
AED 55,000/yr12 months · AED 81 per sqft
26 Feb 2017RentedNew contract
AED 50,000/yr12 months · AED 74 per sqft
12 Feb 2015RentedNew contract
AED 75,000/yr12 months · AED 111 per sqft
1 Feb 2014RentedNew contract
AED 58,000/yr12 months · AED 86 per sqft
20 Jan 2013RentedNew contract
AED 50,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 10 March 2021.

Key facts

Type
1-bed apartment
Size
674 sqft
Floor
5th of 5
Parking
50B
Developer
Global Realty Partners
Completed
2006
Service charge
AED 9,000 /yr
Last sold
AED 300K · January 2021
Building
Marina Park

About 515, Marina Park

515 is a one-bedroom apartment of 674 sqft on the 5th floor of Marina Park, a 5-storey tower in Dubai Marina completed in 2006 by Global Realty Partners. It last sold on 27 January 2021 for AED 300,000, or AED 445 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 10 March 2021, is AED 38,000 a year: a gross yield of 12.7% on the 2021 price, before the service charge of about AED 9,000 a year.

Sales and rents for 515 over time

Sales
Unit 515, 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, April 2019: AED 390,000 (AED 578 per sqft)Sold, January 2021: AED 300,000 (AED 445 per sqft)

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

Rents
Unit 515, each contractTypical one-bed in Marina Park
40K60K80K2013201720212025Typical 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, January 2013: AED 50,000 a yearNew contract, February 2014: AED 58,000 a yearNew contract, February 2015: AED 75,000 a yearNew contract, February 2017: AED 50,000 a yearNew contract, June 2018: AED 55,000 a yearNew contract, March 2021: AED 38,000 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 515 sits

All 41 1-beds →

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. 515's AED 38,000 is at the bottom 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 5th floor

All 73 units in Marina Park
Value
5011-bedAED 700K · Jul 2023
5022-bedAED 1.31M · Jun 2025
5032-bedAED 1.2M · Jan 2024
5042-bedAED 950K · May 2022
5052-bedNo registered sale
5062-bedAED 635K · Dec 2012
5072-bedAED 1M · Dec 2018
1–7 of 13

515, Marina Park in numbers

  • Sold twice: first on 11 April 2019 for AED 390,000, last on 27 January 2021 for AED 300,000 (AED 445 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 50,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2021 price is 12.7%, 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 10 March 2021.

Questions about 515, Marina Park

What did unit 515 last sell for?

AED 300,000 on 27 January 2021: AED 445 per sqft for 674 sqft. The unit has 2 registered sales; the first was AED 390,000 in April 2019.

What is the rent for unit 515?

AED 38,000 a year on the contract signed on 10 March 2021. The previous contract, from June 2018, was AED 55,000; the unit has been rented since January 2013.

How big is unit 515?

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

What is unit 515 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 515, Marina Park

Starts from the last sale price (AED 300K, 27 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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