1-bed · 877 sqftMarina Pearl, Dubai Marina · 5th floor · completed 2006

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.

Unit 516 · DLD and Ejari recordsUpdated 1 August 2022
Last soldAED 600K5 July 2022
Current rentAED 63K /yr1 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, Marina Pearl

What is 516 worth today?

Last sold for AED 600,000 in 2022

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1 Aug 2022RentedNew contract
AED 63,000/yr12 months · AED 72 per sqft
5 Jul 2022SoldReady
AED 600,000AED 684 per sqft
19 Apr 2022SoldReady
AED 680,000AED 775 per sqft
1 Oct 2020RentedNew contract
AED 40,000/yr12 months · AED 46 per sqft
15 Jun 2019RentedNew contract
AED 52,000/yr12 months · AED 60 per sqft
30 Aug 2018RentedNew contract
AED 71,807/yr12 months · AED 82 per sqft
4 Apr 2017SoldReady
AED 1,050,000AED 1,197 per sqft
11 Feb 2015RentedNew contract
AED 85,000/yr12 months · AED 97 per sqft

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

Sales
Unit 516, each saleTypical one-bed in Marina Pearl
750K1M2009201420192024Typical sale price by year: 2009 AED 760,525; 2010 AED 720,000; 2012 AED 722,000; 2013 AED 750,000; 2014 AED 1,050,000; 2016 AED 860,000; 2017 AED 855,000; 2022 AED 680,000; 2023 AED 732,500; 2024 AED 1,050,000; 2025 AED 965,000Sold by developer, February 2010: AED 740,000 (AED 843 per sqft)Sold, March 2014: AED 975,000 (AED 1,111 per sqft)Sold, April 2017: AED 1,050,000 (AED 1,197 per sqft)Sold, April 2022: AED 680,000 (AED 775 per sqft)Sold, July 2022: AED 600,000 (AED 684 per sqft)

516 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 516, each contractTypical one-bed in Marina Pearl
50K75K2012201620202024Typical rent by year: 2012 AED 45,000; 2013 AED 52,500; 2014 AED 70,000; 2015 AED 76,500; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 65,500; 2019 AED 56,000; 2020 AED 45,000; 2021 AED 43,000; 2022 AED 52,400; 2023 AED 60,000; 2024 AED 66,000; 2025 AED 75,000; 2026 AED 75,000New contract, February 2015: AED 85,000 a yearNew contract, August 2018: AED 71,807 a yearNew contract, June 2019: AED 52,000 a yearNew contract, October 2020: AED 40,000 a yearNew contract, August 2022: AED 63,000 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 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 salesUnit no.Price (AED)Summary
15 Jul 2026960,000
21 Jan 20261,000,000
15 May 2025965,000
23 Apr 20251,209,732
2 1-bed sales in the last 12 months

Marina Pearl

Building

85 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%
Marina Pearl, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 85 units in Marina Pearl
Value
5011-bedAED 965K · May 2025
502StudioAED 400K · May 2023
503StudioAED 460K · Feb 2020
5042-bedAED 995K · Jun 2013
5051-bedAED 760K · Oct 2014
5061-bedAED 1M · Aug 2024
507StudioAED 473K · Mar 2010
1–7 of 15

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 →