2-bed · 1,256 sqftMarina Quays East, Dubai Marina · 5th floor · completed 2010

502, Marina Quays East

Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 October 2023
Last soldAED 2.5M1 June 2023
Current rentAED 127K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Marina Quays East

What is 502 worth today?

Last sold for AED 2,500,000 in 2023

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1 Oct 2023RentedNew contract
AED 127,482/yr8 months · AED 101 per sqft
1 Jun 2023SoldReady
AED 2,500,000AED 1,990 per sqft
1 Oct 2022RentedRenewal
AED 127,500/yr12 months · AED 101 per sqft
1 Oct 2021RentedRenewal
AED 110,000/yr12 months · AED 87 per sqft
1 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 79 per sqft
8 Jul 2018SoldReady
AED 2,075,000AED 1,652 per sqft
13 Nov 2011SoldReady
AED 1,735,000AED 1,381 per sqft
28 Apr 2010Sold by developerReady
AED 1,479,888AED 1,178 per sqft

Source: Dubai Land Department. Updated 1 October 2023.

Key facts

Type
2-bed apartment
Size
1,256 sqft
Floor
5th of 9
Parking
1 nos
Developer
Emaar
Completed
2010
Service charge
AED 23,400 /yr
Last sold
AED 2.5M · June 2023

About 502, Marina Quays East

502 is a two-bedroom apartment of 1,256 sqft on the 5th floor of Marina Quays East, a 9-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 1 June 2023 for AED 2,500,000, or AED 1,990 per sqft, 8% above the AED 1,837 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 1 October 2023, is AED 127,482 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 23,400 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical two-bed in Marina Quays East
2M2010201420182022Typical sale price by year: 2010 AED 1,464,888; 2011 AED 1,498,916; 2013 AED 2,150,000; 2014 AED 2,610,888; 2017 AED 2,200,000; 2020 AED 1,600,000; 2021 AED 2,075,000; 2022 AED 1,920,000; 2023 AED 2,450,000; 2024 AED 2,350,000Sold by developer, April 2010: AED 1,479,888 (AED 1,178 per sqft)Sold, November 2011: AED 1,735,000 (AED 1,381 per sqft)Sold, July 2018: AED 2,075,000 (AED 1,652 per sqft)Sold, June 2023: AED 2,500,000 (AED 1,990 per sqft)

502 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 502, each contractTypical two-bed in Marina Quays East
100K150K2013201720212025Typical rent by year: 2013 AED 140,000; 2014 AED 140,000; 2015 AED 165,000; 2016 AED 157,750; 2017 AED 155,000; 2018 AED 150,000; 2019 AED 144,000; 2020 AED 120,000; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 135,000; 2024 AED 154,350; 2025 AED 163,500; 2026 AED 150,000New contract, October 2020: AED 100,000 a yearRenewal, October 2021: AED 110,000 a yearRenewal, October 2022: AED 127,500 a yearNew contract, October 2023: AED 127,482 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Quays East, and where 502 sits

All 32 2-beds →

502 last sold in June 2023 at AED 1,990 per sqft, 8% above what two-beds in Marina Quays East were fetching at the time (AED 1,837). Over the last 12 months two-beds sold for AED 2,850,000, around AED 2,269 per sqft, and rent for AED 125,000 to 275,000 a year. 502's AED 127,482 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Jul 20262,850,000
20 Jun 20242,350,000
7 Apr 20242,760,000
5 Mar 20242,300,000
1 2-bed sale in the last 12 months

Marina Quays East

Building

77 apartments, 1-bed to 3-bed over 9 floors in Dubai Marina, completed in 2010 by Emaar. 5 sold in the last 12 months.

Typical price per sqft
AED 3,088
Typical sale
AED 6.3M
Typical rent
AED 139K /yr
Typical yield
3.6%
Marina Quays East, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 77 units in Marina Quays East
Value
5013-bedAED 4.9M · Jan 2015
5031-bedAED 1.5M · Nov 2013
5041-bedAED 300K · Sep 2013
5052-bedAED 2.35M · Jun 2024
5062-bedAED 2.45M · Jul 2013
5072-bedAED 1.6M · Feb 2020
5081-bedAED 2.4M · Apr 2024
1–7 of 9

502, Marina Quays East in numbers

  • Sold 4 times: first on 28 April 2010 for AED 1,479,888, last on 1 June 2023 for AED 2,500,000 (AED 1,990 per sqft).
  • Rented since October 2020 on 4 Ejari contracts, from AED 100,000 to AED 127,482 a year.
  • At AED 127,482 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 23,400 a year (AED 18.62 per sqft).
  • Two-beds in Marina Quays East sold for AED 2,850,000–2,850,000 in the 12 months to November 2026; the building's median across all types is AED 3,088 per sqft.

Source: Dubai Land Department. Updated 1 October 2023.

Questions about 502, Marina Quays East

What did unit 502 last sell for?

AED 2,500,000 on 1 June 2023: AED 1,990 per sqft for 1,256 sqft. The unit has 4 registered sales; the first was AED 1,479,888 in April 2010.

What is the rent for unit 502?

AED 127,482 a year on the contract signed on 1 October 2023. The previous contract, from October 2022, was AED 127,500; the unit has been rented since October 2020.

How big is unit 502?

1,256 sqft (116.7 sqm): a two-bedroom apartment on the 5th floor of a 9-storey tower completed in 2010.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Quays East sold for AED 2,850,000 to 2,850,000 in the last 12 months, around AED 2,269 per sqft.

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Mortgage on 502, Marina Quays East

Starts from the last sale price (AED 2.5M, 1 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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