516, Marina Park
Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Marina Park
What is 516 worth today?
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Source: Dubai Land Department. Updated 15 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 734 sqft
- Floor
- 5th of 5
- Parking
- 51B
- Developer
- Global Realty Partners
- Completed
- 2006
- Service charge
- AED 9,900 /yr
- Last sold
- AED 725K · October 2023
- Building
- Marina Park
About 516, Marina Park
516 is a one-bedroom apartment of 734 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 23 October 2023 for AED 725,000, or AED 987 per sqft, 11% above the AED 890 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 15 February 2026, is AED 80,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 9,900 a year.
Sales and rents for 516 over time
516 has sold twice; the dashed line is the one-bed median of each year in the building.
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 516 sits
All 41 1-beds →516 last sold in October 2023 at AED 987 per sqft, 11% above what one-beds in Marina Park were fetching at the time (AED 890). 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. 516's AED 80,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 May 202621 May 2026 | 734 sqft | 870,000 | 1,185 | ||
| 21 Feb 202621 February 2026 | 734 sqft | 840,000 | 1,144 | ||
| 2 Jan 20262 January 2026 | 744 sqft | 900,000 | 1,209 | ||
| 8 May 20258 May 2025 | 674 sqft | 625,000 | 927 |
Marina Park
Building73 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%
Other units on the 5th floor
All 73 units in Marina Park| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 941 sqft | AED 700KAED 700,000 · Jul 2023July 2023 | 60,000 /yr | |
| 502 | 2-bed | 1,016 sqft | AED 1.31MAED 1,312,500 · Jun 2025June 2025 | 60,000 /yr | |
| 503 | 2-bed | 1,263 sqft | AED 1.2MAED 1,200,000 · Jan 2024January 2024 | 100,000 /yr | |
| 504 | 2-bed | 1,278 sqft | AED 950KAED 950,000 · May 2022May 2022 | 108,100 /yr | |
| 505 | 2-bed | 1,278 sqft | No registered sale | 104,000 /yr | |
| 506 | 2-bed | 1,265 sqft | AED 635KAED 635,000 · Dec 2012December 2012 | 110,000 /yr | |
| 507 | 2-bed | 1,083 sqft | AED 1MAED 1,000,000 · Dec 2018December 2018 | 85,000 /yr | |
| 508 | 2-bed | 1,452 sqft | AED 1.2MAED 1,200,000 · Oct 2024October 2024 | 112,747 /yr | |
| 509 | 1-bed | 860 sqft | AED 500KAED 500,000 · Mar 2021March 2021 | 75,000 /yr | |
| 510 | 1-bed | 674 sqft | AED 560KAED 560,000 · Jun 2022June 2022 | 70,000 /yr | |
| 511 | 1-bed | 741 sqft | AED 750KAED 750,000 · Aug 2016August 2016 | 72,000 /yr | |
| 512 | 1-bed | 774 sqft | AED 555KAED 555,000 · Apr 2014April 2014 | 80,000 /yr | |
| 515 | 1-bed | 674 sqft | AED 300KAED 300,000 · Jan 2021January 2021 | 38,000 /yr |
516, Marina Park in numbers
- Sold twice: first on 31 December 2012 for AED 325,000, last on 23 October 2023 for AED 725,000 (AED 987 per sqft).
- Rented since January 2014 on 7 Ejari contracts. The rent fell from AED 67,000 to AED 42,000 in 2021 and recovered to AED 80,000 by February 2026.
- At AED 80,000 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 9,900 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 15 February 2026.
Questions about 516, Marina Park
What did unit 516 last sell for?
AED 725,000 on 23 October 2023: AED 987 per sqft for 734 sqft. The unit has 2 registered sales; the first was AED 325,000 in December 2012.
What is the rent for unit 516?
AED 80,000 a year on the contract signed on 15 February 2026. The previous contract, from May 2022, was AED 47,000; the unit has been rented since January 2014.
How big is unit 516?
734 sqft (68.2 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2006.
What is unit 516 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 516, Marina Park
Starts from the last sale price (AED 725K, 23 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 725,000
- Deposit, UAE resident (20%)
- AED 145,000
- Deposit, non-resident (40%)
- AED 290,000
- Monthly over 25 years at 3.7%
- AED 2,966
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →