1-bed · 613 sqftMarina Residence B, Dubai Marina · 5th floor · completed 2006

505, Marina Residence B

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

Unit 505 · DLD and Ejari recordsUpdated 6 December 2024
Last soldAED 895K6 December 2024
Current rentAED 58K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Marina Residence B

What is 505 worth today?

Last sold for AED 895,000 in 2024

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6 Dec 2024SoldReady
AED 895,000AED 1,460 per sqft
20 Jun 2023SoldReady
AED 528,585AED 862 per sqft
1 Feb 2023RentedRenewal
AED 58,000/yr12 months · AED 95 per sqft
1 Feb 2022RentedNew contract
AED 54,000/yr12 months · AED 88 per sqft
1 Dec 2020RentedNew contract
AED 34,000/yr12 months · AED 55 per sqft
20 Nov 2018RentedNew contract
AED 65,000/yr12 months · AED 106 per sqft
20 Nov 2017RentedNew contract
AED 65,000/yr12 months · AED 106 per sqft
5 Jul 2016RentedNew contract
AED 75,000/yr12 months · AED 122 per sqft

Source: Dubai Land Department. Updated 6 December 2024.

Key facts

Type
1-bed apartment
Size
613 sqft
Floor
5th of 16
Parking
58 (B3)
Developer
Al Maskan Al Hadeeth Real Estate Developmant
Completed
2006
Service charge
AED 11,300 /yr
Last sold
AED 895K · December 2024

About 505, Marina Residence B

505 is a one-bedroom apartment of 613 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 6 December 2024 for AED 895,000, or AED 1,460 per sqft, 6% above the AED 1,376 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 58,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 11,300 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical one-bed in Marina Residence B
500K1M2008201320182023Typical 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 2011: AED 542,812 (AED 885 per sqft)Sold, February 2012: AED 520,000 (AED 848 per sqft)Sold, July 2012: AED 625,000 (AED 1,019 per sqft)Sold, June 2023: AED 528,585 (AED 862 per sqft)Sold, December 2024: AED 895,000 (AED 1,460 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Marina Residence B
25K50K75K2012201620202024Typical 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, March 2013: AED 65,000 a yearNew contract, March 2014: AED 75,000 a yearNew contract, April 2015: AED 85,000 a yearNew contract, July 2015: AED 75,000 a yearNew contract, July 2016: AED 75,000 a yearNew contract, November 2017: AED 65,000 a yearNew contract, November 2018: AED 65,000 a yearNew contract, December 2020: AED 34,000 a yearNew contract, February 2022: AED 54,000 a yearRenewal, February 2023: AED 58,000 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 505 sits

All 89 1-beds →

505 last sold in December 2024 at AED 1,460 per sqft, 6% above what one-beds in Marina Residence B were fetching at the time (AED 1,376). 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. 505's AED 58,000 is at the bottom 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
5021-bedAED 775K · Nov 2019
5031-bedAED 470K · Feb 2009
5041-bedAED 1.1M · Jan 2025
5061-bedAED 600K · Feb 2013
5072-bedAED 1.35M · Aug 2018

505, Marina Residence B in numbers

  • Sold 5 times: first on 8 May 2011 for AED 542,812, last on 6 December 2024 for AED 895,000 (AED 1,460 per sqft).
  • Rented since March 2013 on 10 Ejari contracts. The rent fell from AED 65,000 to AED 34,000 in 2020 and recovered to AED 58,000 by February 2023.
  • At AED 58,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 11,300 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 6 December 2024.

Questions about 505, Marina Residence B

What did unit 505 last sell for?

AED 895,000 on 6 December 2024: AED 1,460 per sqft for 613 sqft. The unit has 5 registered sales; the first was AED 542,812 in May 2011.

What is the rent for unit 505?

AED 58,000 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 54,000; the unit has been rented since March 2013.

How big is unit 505?

613 sqft (56.9 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2006.

What is unit 505 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 505, Marina Residence B

Starts from the last sale price (AED 895K, 6 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 895,000
Deposit, UAE resident (20%)
AED 179,000
Deposit, non-resident (40%)
AED 358,000
Monthly over 25 years at 3.7%
AED 3,662

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