1-bed · 723 sqftMarina Residence B, Dubai Marina · 5th floor · completed 2006

502, Marina Residence B

Sold prices and rental history: sold 3 times, last in November 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 775K5 November 2019
Current rentAED 80K /yr8 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Marina Residence B

What is 502 worth today?

Last sold for AED 775,000 in 2019

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8 Jul 2024RentedRenewal
AED 80,000/yr24 months · AED 111 per sqft
8 Jul 2024RentedRenewal
AED 80,000/yr24 months · AED 111 per sqft
8 Jul 2022RentedNew contract
AED 70,000/yr24 months · AED 97 per sqft
5 Nov 2019SoldReady
AED 775,000AED 1,071 per sqft
23 Jul 2015RentedNew contract
AED 80,000/yr12 months · AED 111 per sqft
5 May 2014RentedNew contract
AED 83,000/yr12 months · AED 115 per sqft
27 Nov 2013SoldReady
AED 900,000AED 1,244 per sqft
26 May 2009Sold by developerReady
AED 794,564AED 1,098 per sqft

Source: Dubai Land Department. Updated 8 July 2024.

Key facts

Type
1-bed apartment
Size
723 sqft
Floor
5th of 16
Parking
55 (B3)
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2006
Service charge
AED 13,300 /yr
Last sold
AED 775K · November 2019

About 502, Marina Residence B

502 is a one-bedroom apartment of 723 sqft on the 5th floor of Marina Residence B, a 16-storey tower in Dubai Marina completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant . It last sold on 5 November 2019 for AED 775,000, or AED 1,071 per sqft, 8% above the AED 988 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 8 July 2024, is AED 80,000 a year: a gross yield of 10.3% on the 2019 price, before the service charge of about AED 13,300 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Marina Residence B
500K750K1M2008201320182023Typical sale price by year: 2008 AED 639,465; 2009 AED 572,213; 2010 AED 582,736; 2011 AED 546,906; 2012 AED 549,555; 2013 AED 608,775; 2014 AED 1,030,000; 2015 AED 922,600; 2016 AED 875,000; 2017 AED 865,000; 2018 AED 712,500; 2019 AED 715,000; 2020 AED 545,000; 2021 AED 580,000; 2023 AED 857,500; 2024 AED 990,000; 2025 AED 1,085,000; 2026 AED 1,020,000Sold by developer, May 2009: AED 794,564 (AED 1,098 per sqft)Sold, November 2013: AED 900,000 (AED 1,244 per sqft)Sold, November 2019: AED 775,000 (AED 1,071 per sqft)

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

Rents
Unit 502, each contractTypical one-bed in Marina Residence B
40K60K80K2012201620202024Typical rent by year: 2012 AED 53,750; 2013 AED 65,000; 2014 AED 77,000; 2015 AED 82,740; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 62,000; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 55,500; 2023 AED 66,775; 2024 AED 75,000; 2025 AED 76,000; 2026 AED 73,000New contract, May 2014: AED 83,000 a yearNew contract, July 2015: AED 80,000 a yearNew contract, July 2022: AED 70,000 a yearRenewal, July 2024: AED 80,000 a yearRenewal, July 2024: AED 80,000 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 Residence B, and where 502 sits

All 89 1-beds →

502 last sold in November 2019 at AED 1,071 per sqft, 8% above what one-beds in Marina Residence B were fetching at the time (AED 988). Over the last 12 months one-beds sold for AED 960,000 to 1,190,000, around AED 1,615 per sqft, and rent for AED 60,000 to 100,000 a year. 502's AED 80,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 2026960,000
12 Jun 20261,050,000
25 Mar 2026990,000
18 Mar 20261,095,000
5 1-bed sales in the last 12 months

Marina Residence B

Building

105 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%
Marina Residence B, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 105 units in Marina Residence B
Value
5011-bedAED 705K · Oct 2018
5031-bedAED 470K · Feb 2009
5041-bedAED 1.1M · Jan 2025
5051-bedAED 895K · Dec 2024
5061-bedAED 600K · Feb 2013
5072-bedAED 1.35M · Aug 2018

502, Marina Residence B in numbers

  • Sold 3 times: first on 26 May 2009 for AED 794,564, last on 5 November 2019 for AED 775,000 (AED 1,071 per sqft).
  • Rented since May 2014 on 5 Ejari contracts. The rent fell from AED 83,000 to AED 70,000 in 2022 and recovered to AED 80,000 by July 2024.
  • At AED 80,000 a year the gross yield on the 2019 price is 10.3%, before a service charge of about AED 13,300 a year (AED 18.43 per sqft).
  • One-beds in Marina Residence B sold for AED 960,000–1,190,000 in the 12 months to November 2026; the building's median across all types is AED 1,615 per sqft.

Source: Dubai Land Department. Updated 8 July 2024.

Questions about 502, Marina Residence B

What did unit 502 last sell for?

AED 775,000 on 5 November 2019: AED 1,071 per sqft for 723 sqft. The unit has 3 registered sales; the first was AED 794,564 in May 2009.

What is the rent for unit 502?

AED 80,000 a year on the contract renewed on 8 July 2024. The previous contract, from July 2024, was AED 80,000; the unit has been rented since May 2014.

How big is unit 502?

723 sqft (67.2 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2006.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Residence B sold for AED 960,000 to 1,190,000 in the last 12 months, around AED 1,615 per sqft.

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Mortgage on 502, Marina Residence B

Starts from the last sale price (AED 775K, 5 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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