2-bed · 1,103 sqftMarina Residence A, Dubai Marina · 5th floor · completed 2006

501, Marina Residence A

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 1.6M5 September 2024
Current rentAED 60K /yr21 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Marina Residence A

What is 501 worth today?

Last sold for AED 1,600,000 in 2024

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5 Sep 2024SoldReady
AED 1,600,000AED 1,450 per sqft
3 Oct 2023SoldReady
AED 905,600AED 821 per sqft
21 Nov 2020RentedNew contract
AED 60,000/yr14 months · AED 55 per sqft
17 Oct 2019RentedNew contract
AED 80,000/yr12 months · AED 73 per sqft
4 Sep 2017RentedNew contract
AED 105,000/yr12 months · AED 96 per sqft
20 Jul 2014RentedNew contract
AED 120,000/yr12 months · AED 109 per sqft
8 Jul 2013RentedNew contract
AED 85,000/yr12 months · AED 77 per sqft
10 Feb 2010Sold by developerReady
AED 1,463,662AED 1,327 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
2-bed apartment
Size
1,103 sqft
Floor
5th of 16
Parking
49 (B3)
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2006
Service charge
AED 20,300 /yr
Last sold
AED 1.6M · September 2024

About 501, Marina Residence A

501 is a two-bedroom apartment of 1,103 sqft on the 5th floor of Marina Residence A, a 16-storey tower in Dubai Marina completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant . It last sold on 5 September 2024 for AED 1,600,000, or AED 1,450 per sqft, 18% above the AED 1,228 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 21 November 2020, is AED 60,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 20,300 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Marina Residence A
1M1.5M2009201420192024Typical sale price by year: 2009 AED 840,000; 2010 AED 1,419,561; 2013 AED 1,200,000; 2014 AED 1,575,000; 2017 AED 1,497,330; 2019 AED 1,000,000; 2023 AED 1,200,000; 2024 AED 1,450,000; 2025 AED 1,662,500Sold by developer, February 2010: AED 1,463,662 (AED 1,327 per sqft)Sold, October 2023: AED 905,600 (AED 821 per sqft)Sold, September 2024: AED 1,600,000 (AED 1,450 per sqft)

501 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, each contractTypical two-bed in Marina Residence A
50K100K2012201620202024Typical rent by year: 2012 AED 88,000; 2013 AED 102,000; 2014 AED 118,537; 2015 AED 120,000; 2016 AED 120,000; 2017 AED 107,500; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 73,000; 2021 AED 71,500; 2022 AED 85,000; 2023 AED 100,000; 2024 AED 110,000; 2025 AED 115,000; 2026 AED 115,000New contract, July 2013: AED 85,000 a yearNew contract, July 2014: AED 120,000 a yearNew contract, September 2017: AED 105,000 a yearNew contract, October 2019: AED 80,000 a yearNew contract, November 2020: AED 60,000 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 Residence A, and where 501 sits

All 43 2-beds →

501 last sold in September 2024 at AED 1,450 per sqft, 18% above what two-beds in Marina Residence A were fetching at the time (AED 1,228). Over the last 12 months two-beds sold for AED 1,650,000 to 1,715,000, around AED 1,495 per sqft, and rent for AED 75,000 to 132,000 a year. 501's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Sep 20261,715,000
25 Feb 20261,650,000
28 Nov 20251,675,000
6 Oct 20251,850,000
3 2-bed sales in the last 12 months

Marina Residence A

Building

67 apartments, 1-bed to 5-bed over 16 floors in Dubai Marina, completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant . 4 sold in the last 12 months.

Typical price per sqft
AED 1,491
Typical sale
AED 1.7M
Typical rent
AED 111K /yr
Typical yield
7.2%
Marina Residence A, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 67 units in Marina Residence A
Value
5022-bedAED 1.65M · Apr 2025
5032-bedAED 1.25M · Mar 2024
5041-bedAED 540K · Jun 2020
5052-bedAED 1.4M · Mar 2024

501, Marina Residence A in numbers

  • Sold 3 times: first on 10 February 2010 for AED 1,463,662, last on 5 September 2024 for AED 1,600,000 (AED 1,450 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 85,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 20,300 a year (AED 18.43 per sqft).
  • Two-beds in Marina Residence A sold for AED 1,650,000–1,715,000 in the 12 months to November 2026; the building's median across all types is AED 1,491 per sqft.

Source: Dubai Land Department. Updated 5 September 2024.

Questions about 501, Marina Residence A

What did unit 501 last sell for?

AED 1,600,000 on 5 September 2024: AED 1,450 per sqft for 1,103 sqft. The unit has 3 registered sales; the first was AED 1,463,662 in February 2010.

What is the rent for unit 501?

AED 60,000 a year on the contract signed on 21 November 2020. The previous contract, from October 2019, was AED 80,000; the unit has been rented since July 2013.

How big is unit 501?

1,103 sqft (102.5 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2006.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Residence A sold for AED 1,650,000 to 1,715,000 in the last 12 months, around AED 1,495 per sqft.

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Mortgage on 501, Marina Residence A

Starts from the last sale price (AED 1.6M, 5 September 2024). 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 →