1506, Marina Residence B
Sold prices and rental history: sold once, by the developer in December 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1506, Marina Residence B
What is 1506 worth today?
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Source: Dubai Land Department. Updated 21 December 2020.
Key facts
- Type
- 3-bed apartment
- Size
- 1,815 sqft
- Floor
- 15th of 16
- Parking
- 53,54(B1)
- Developer
- Al Maskan Al Hadeeth Real Estate Developmant
- Completed
- 2006
- Service charge
- AED 33,500 /yr
- Last sold
- AED 1.27M · December 2020
- Building
- Marina Residence B
About 1506, Marina Residence B
1506 is a three-bedroom apartment of 1,815 sqft on the 15th floor of Marina Residence B, a 16-storey tower in Dubai Marina completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant . The developer sold it on 21 December 2020 for AED 1,270,500, or AED 699 per sqft.
It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 18 November 2017, is AED 90,000 a year: a gross yield of 7.1% on the 2020 price, before the service charge of about AED 33,500 a year.
Sales and rents for 1506 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Marina Residence B, and where 1506 sits
All 7 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Aug 202325 August 2023 | 1,815 sqft | 2,225,000 | 1,225 | ||
| 15 May 202315 May 2023 | 1,815 sqft | 1,700,000 | 936 | ||
| 13 Mar 201813 March 2018 | 1,815 sqft | 1,635,000 | 900 | ||
| 18 Jul 201318 July 2013 | 1,815 sqft | 1,950,000 | 1,074 |
Marina Residence B
Building105 apartments, 1-bed to 3-bed over 16 floors in Dubai Marina, completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant . 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,615
- Typical sale
- AED 1.05M
- Typical rent
- AED 74K /yr
- Typical yield
- 6.9%
Other units on the 15th floor
All 105 units in Marina Residence B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 613 sqft | AED 1.15MAED 1,150,000 · Aug 2014August 2014 | 66,000 /yr | |
| 1502 | 1-bed | 723 sqft | AED 850KAED 850,000 · Dec 2008December 2008 | ||
| 1503 | 1-bed | 602 sqft | AED 875KAED 875,000 · Jul 2023July 2023 | 70,000 /yr | |
| 1504 | 1-bed | 723 sqft | AED 637KAED 637,400 · Apr 2022April 2022 | 90,000 /yr | |
| 1505 | 1-bed | 613 sqft | AED 1.05MAED 1,050,000 · Jun 2026June 2026 | 60,000 /yr |
1506, Marina Residence B in numbers
- Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 21 December 2020 for AED 1,270,500, or AED 699 per sqft.
- Rented since November 2012 on 4 Ejari contracts, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2020 price is 7.1%, before a service charge of about AED 33,500 a year (AED 18.43 per sqft).
Source: Dubai Land Department. Updated 21 December 2020.
Questions about 1506, Marina Residence B
What did unit 1506 last sell for?
AED 1,270,500 on 21 December 2020, sold by the developer: AED 699 per sqft for 1,815 sqft. It is the only registered sale of the unit.
What is the rent for unit 1506?
AED 90,000 a year on the contract renewed on 18 November 2017. The previous contract, from November 2016, was AED 90,000; the unit has been rented since November 2012.
How big is unit 1506?
1,815 sqft (168.6 sqm): a three-bedroom apartment on the 15th floor of a 16-storey tower completed in 2006.
What is unit 1506 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 1506, Marina Residence B
Starts from the last sale price (AED 1.27M, 21 December 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,270,500
- Deposit, UAE resident (20%)
- AED 254,100
- Deposit, non-resident (40%)
- AED 508,200
- Monthly over 25 years at 3.7%
- AED 5,198
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →