1-bed · 1,039 sqftMarina Quays East, Dubai Marina · 5th floor · completed 2010

509, Marina Quays East

Sold prices and rental history: sold 5 times, last in January 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 11 January 2024
Last soldAED 1.98M11 January 2024
Current rentAED 95K /yr24 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Marina Quays East

What is 509 worth today?

Last sold for AED 1,975,000 in 2024

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11 Jan 2024SoldReady
AED 1,975,000AED 1,900 per sqft
24 Nov 2023RentedNew contract
AED 94,994/yr7 months · AED 91 per sqft
24 Nov 2023RentedNew contract
AED 94,994/yr7 months · AED 91 per sqft
25 Nov 2022RentedRenewal
AED 95,000/yr12 months · AED 91 per sqft
25 Nov 2021RentedNew contract
AED 95,000/yr12 months · AED 91 per sqft
22 Nov 2020RentedNew contract
AED 70,000/yr12 months · AED 67 per sqft
10 Mar 2020RentedRenewal
AED 75,743/yr7 months · AED 73 per sqft
10 Mar 2019RentedNew contract
AED 90,000/yr12 months · AED 87 per sqft

Source: Dubai Land Department. Updated 11 January 2024.

Key facts

Type
1-bed apartment
Size
1,039 sqft
Floor
5th of 9
Parking
1 nos
Developer
Emaar
Completed
2010
Service charge
AED 19,300 /yr
Last sold
AED 1.98M · January 2024

About 509, Marina Quays East

509 is a one-bedroom apartment of 1,039 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 11 January 2024 for AED 1,975,000, or AED 1,900 per sqft, 6% above the AED 1,792 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 24 November 2023, is AED 94,994 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 19,300 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in Marina Quays East
1M1.5M2M2010201420182022Typical sale price by year: 2010 AED 1,073,888; 2011 AED 896,888; 2012 AED 1,100,000; 2013 AED 1,500,000; 2021 AED 1,455,000; 2023 AED 1,700,000; 2024 AED 1,957,500Sold by developer, March 2010: AED 1,093,888 (AED 1,052 per sqft)Sold, October 2010: AED 1,093,888 (AED 1,052 per sqft)Sold, November 2010: AED 1,145,000 (AED 1,101 per sqft)Sold, October 2013: AED 1,500,000 (AED 1,443 per sqft)Sold, January 2024: AED 1,975,000 (AED 1,900 per sqft)

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

Rents
Unit 509, each contractTypical one-bed in Marina Quays East
100K2012201620202024Typical rent by year: 2012 AED 92,000; 2013 AED 100,000; 2014 AED 110,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 105,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 82,500; 2021 AED 84,500; 2022 AED 95,000; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 120,000New contract, March 2013: AED 100,000 a yearNew contract, March 2014: AED 120,000 a yearNew contract, March 2015: AED 120,000 a yearNew contract, March 2018: AED 135,000 a yearNew contract, March 2019: AED 90,000 a yearRenewal, March 2020: AED 75,743 a yearNew contract, November 2020: AED 70,000 a yearNew contract, November 2021: AED 95,000 a yearRenewal, November 2022: AED 95,000 a yearNew contract, November 2023: AED 94,994 a yearNew contract, November 2023: AED 94,994 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 Quays East, and where 509 sits

All 26 1-beds →

509 last sold in January 2024 at AED 1,900 per sqft, 6% above what one-beds in Marina Quays East were fetching at the time (AED 1,792). 509's AED 94,994 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Nov 20252,241,000
4 Nov 20241,700,000
12 Jul 20241,940,000
11 Jun 20242,100,000
0 1-bed sales 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
5022-bedAED 2.5M · Jun 2023
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
1–7 of 9

509, Marina Quays East in numbers

  • Sold 5 times: first on 2 March 2010 for AED 1,093,888, last on 11 January 2024 for AED 1,975,000 (AED 1,900 per sqft).
  • Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 100,000 to AED 70,000 in 2020 and recovered to AED 94,994 by November 2023.
  • At AED 94,994 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 19,300 a year (AED 18.62 per sqft).

Source: Dubai Land Department. Updated 11 January 2024.

Questions about 509, Marina Quays East

What did unit 509 last sell for?

AED 1,975,000 on 11 January 2024: AED 1,900 per sqft for 1,039 sqft. The unit has 5 registered sales; the first was AED 1,093,888 in March 2010.

What is the rent for unit 509?

AED 94,994 a year on the contract signed on 24 November 2023. The previous contract, from November 2023, was AED 94,994; the unit has been rented since March 2013.

How big is unit 509?

1,039 sqft (96.5 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2010.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 509, Marina Quays East

Starts from the last sale price (AED 1.98M, 11 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,975,000
Deposit, UAE resident (20%)
AED 395,000
Deposit, non-resident (40%)
AED 790,000
Monthly over 25 years at 3.7%
AED 8,080

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