516, Marina Pearl
Sold prices and rental history: sold 5 times, last in July 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Marina Pearl
What is 516 worth today?
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Source: Dubai Land Department. Updated 1 August 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 877 sqft
- Floor
- 5th of 5
- Parking
- U-40
- Developer
- Naresco Group
- Completed
- 2006
- Service charge
- AED 13,600 /yr
- Last sold
- AED 600K · July 2022
- Building
- Marina Pearl
About 516, Marina Pearl
516 is a one-bedroom apartment of 877 sqft on the 5th floor of Marina Pearl, a 5-storey tower in Dubai Marina completed in 2006 by Naresco Group. It last sold on 5 July 2022 for AED 600,000, or AED 684 per sqft, in line with the AED 696 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 August 2022, is AED 63,000 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 13,600 a year.
Sales and rents for 516 over time
516 has sold 5 times; 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 Pearl, and where 516 sits
All 42 1-beds →516 last sold in July 2022 at AED 684 per sqft, in line with what one-beds in Marina Pearl were fetching at the time (AED 696). Over the last 12 months one-beds sold for AED 960,000 to 1,000,000, around AED 1,047 per sqft, and rent for AED 63,000 to 125,000 a year. 516's AED 63,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jul 202615 July 2026 | 901 sqft | 960,000 | 1,065 | ||
| 21 Jan 202621 January 2026 | 971 sqft | 1,000,000 | 1,029 | ||
| 15 May 202515 May 2025 | 891 sqft | 965,000 | 1,083 | ||
| 23 Apr 202523 April 2025 | 966 sqft | 1,209,732 | 1,252 |
Marina Pearl
Building85 apartments, studios to 2-bed over 5 floors in Dubai Marina, completed in 2006 by Naresco Group. 3 sold in the last 12 months.
- Typical price per sqft
- AED 1,065
- Typical sale
- AED 960K
- Typical rent
- AED 70K /yr
- Typical yield
- 10.1%
Other units on the 5th floor
All 85 units in Marina Pearl| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 891 sqft | AED 965KAED 965,000 · May 2025May 2025 | 65,000 /yr | |
| 502 | Studio | 482 sqft | AED 400KAED 400,000 · May 2023May 2023 | 60,000 /yr | |
| 503 | Studio | 469 sqft | AED 460KAED 460,000 · Feb 2020February 2020 | 68,000 /yr | |
| 504 | 2-bed | 1,215 sqft | AED 995KAED 995,000 · Jun 2013June 2013 | 90,000 /yr | |
| 505 | 1-bed | 966 sqft | AED 760KAED 760,000 · Oct 2014October 2014 | ||
| 506 | 1-bed | 901 sqft | AED 1MAED 1,000,000 · Aug 2024August 2024 | 78,000 /yr | |
| 507 | Studio | 537 sqft | AED 473KAED 473,250 · Mar 2010March 2010 | 60,000 /yr | |
| 508 | 1-bed | 971 sqft | AED 930KAED 930,000 · Sep 2024September 2024 | 76,000 /yr | |
| 509 | 1-bed | 958 sqft | AED 925KAED 925,000 · Nov 2013November 2013 | 125,000 /yr | |
| 510 | Studio | 547 sqft | AED 419KAED 419,000 · Mar 2010March 2010 | 60,000 /yr | |
| 511 | 1-bed | 901 sqft | AED 800KAED 800,000 · Jan 2010January 2010 | 88,000 /yr | |
| 512 | 1-bed | 966 sqft | AED 685KAED 685,000 · Jan 2023January 2023 | 75,000 /yr | |
| 513 | 2-bed | 1,220 sqft | AED 1.05MAED 1,050,000 · Oct 2016October 2016 | 115,000 /yr | |
| 514 | Studio | 494 sqft | AED 700KAED 700,000 · Jan 2014January 2014 | 26,000 /yr | |
| 515 | Studio | 415 sqft | AED 400KAED 400,000 · Feb 2010February 2010 | 45,000 /yr |
516, Marina Pearl in numbers
- Sold 5 times: first on 4 February 2010 for AED 740,000, last on 5 July 2022 for AED 600,000 (AED 684 per sqft).
- Rented since February 2015 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 40,000 in 2020 and recovered to AED 63,000 by August 2022.
- At AED 63,000 a year the gross yield on the 2022 price is 10.5%, before a service charge of about AED 13,600 a year (AED 15.53 per sqft).
- One-beds in Marina Pearl sold for AED 960,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,065 per sqft.
Source: Dubai Land Department. Updated 1 August 2022.
Questions about 516, Marina Pearl
What did unit 516 last sell for?
AED 600,000 on 5 July 2022: AED 684 per sqft for 877 sqft. The unit has 5 registered sales; the first was AED 740,000 in February 2010.
What is the rent for unit 516?
AED 63,000 a year on the contract signed on 1 August 2022. The previous contract, from October 2020, was AED 40,000; the unit has been rented since February 2015.
How big is unit 516?
877 sqft (81.5 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 Pearl sold for AED 960,000 to 1,000,000 in the last 12 months, around AED 1,047 per sqft.
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Mortgage on 516, Marina Pearl
Starts from the last sale price (AED 600K, 5 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →