507, Marina Quays East
Sold prices and rental history: sold twice, last in February 2020, 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 507, Marina Quays East
What is 507 worth today?
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Source: Dubai Land Department. Updated 9 February 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,256 sqft
- Floor
- 5th of 9
- Parking
- B2-2070
- Developer
- Emaar
- Completed
- 2010
- Service charge
- AED 23,400 /yr
- Last sold
- AED 1.6M · February 2020
- Building
- Marina Quays East
About 507, Marina Quays East
507 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 9 February 2020 for AED 1,600,000, or AED 1,273 per sqft.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 15 November 2018, is AED 140,000 a year: a gross yield of 8.8% on the 2020 price, before the service charge of about AED 23,400 a year.
Sales and rents for 507 over time
507 has sold twice; the dashed line is the two-bed median of each year in the building.
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 507 sits
All 32 2-beds →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. 507's AED 140,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jul 202620 July 2026 | 1,256 sqft | 2,850,000 | 2,269 | ||
| 20 Jun 202420 June 2024 | 1,561 sqft | 2,350,000 | 1,505 | ||
| 7 Apr 20247 April 2024 | 1,256 sqft | 2,760,000 | 2,197 | ||
| 5 Mar 20245 March 2024 | 1,421 sqft | 2,300,000 | 1,618 |
Marina Quays East
Building77 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%
Other units on the 5th floor
All 77 units in Marina Quays East| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,042 sqft | AED 4.9MAED 4,900,000 · Jan 2015January 2015 | ||
| 502 | 2-bed | 1,256 sqft | AED 2.5MAED 2,500,000 · Jun 2023June 2023 | 127,482 /yr | |
| 503 | 1-bed | 878 sqft | AED 1.5MAED 1,500,000 · Nov 2013November 2013 | ||
| 504 | 1-bed | 456 sqft | AED 300KAED 300,000 · Sep 2013September 2013 | 115,000 /yr | |
| 505 | 2-bed | 1,561 sqft | AED 2.35MAED 2,350,000 · Jun 2024June 2024 | 145,000 /yr | |
| 506 | 2-bed | 1,564 sqft | AED 2.45MAED 2,450,000 · Jul 2013July 2013 | 150,000 /yr | |
| 508 | 1-bed | 1,039 sqft | AED 2.4MAED 2,400,000 · Apr 2024April 2024 | 105,000 /yr | |
| 509 | 1-bed | 1,039 sqft | AED 1.98MAED 1,975,000 · Jan 2024January 2024 | 94,994 /yr | |
| 510 | 3-bed | 2,040 sqft | AED 3.7MAED 3,700,000 · Jun 2013June 2013 | 265,000 /yr |
507, Marina Quays East in numbers
- Sold twice: first on 13 June 2010 for AED 724,444, last on 9 February 2020 for AED 1,600,000 (AED 1,273 per sqft).
- Rented since April 2014 on 5 Ejari contracts, from AED 176,000 to AED 140,000 a year.
- At AED 140,000 a year the gross yield on the 2020 price is 8.8%, 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 9 February 2020.
Questions about 507, Marina Quays East
What did unit 507 last sell for?
AED 1,600,000 on 9 February 2020: AED 1,273 per sqft for 1,256 sqft. The unit has 2 registered sales; the first was AED 724,444 in June 2010.
What is the rent for unit 507?
AED 140,000 a year on the contract signed on 15 November 2018. The previous contract, from November 2016, was AED 140,000; the unit has been rented since April 2014.
How big is unit 507?
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 507 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 507, Marina Quays East
Starts from the last sale price (AED 1.6M, 9 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,600,000
- Deposit, UAE resident (20%)
- AED 320,000
- Deposit, non-resident (40%)
- AED 640,000
- Monthly over 25 years at 3.7%
- AED 6,546
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →