2-bed · 1,898 sqftMarina Sail Tower, Dubai Marina · 15th floor · completed 2006

1502, Marina Sail Tower

Sold prices and rental history: sold twice, last in April 2015, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 15 April 2015
Last soldAED 2.21M15 April 2015
Current rentAED 95K /yr1 June 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Marina Sail Tower

What is 1502 worth today?

Last sold for AED 2,210,000 in 2015

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15 Apr 2015SoldReady
AED 2,210,000AED 1,164 per sqft
1 Jun 2013RentedNew contract
AED 95,000/yr12 months · AED 50 per sqft
1 Jun 2012RentedNew contract
AED 95,000/yr12 months · AED 50 per sqft
7 Mar 2012Sold by developerReady
AED 2,212,500AED 1,165 per sqft

Source: Dubai Land Department. Updated 15 April 2015.

Key facts

Type
2-bed apartment
Size
1,898 sqft
Floor
15th of 21
Parking
1B-70
Developer
32 Group Properties
Completed
2006
Service charge
AED 27,400 /yr
Last sold
AED 2.21M · April 2015

About 1502, Marina Sail Tower

1502 is a two-bedroom apartment of 1,898 sqft on the 15th floor of Marina Sail Tower, a 21-storey tower in Dubai Marina completed in 2006 by 32 Group Properties. It last sold on 15 April 2015 for AED 2,210,000, or AED 1,164 per sqft, in line with the AED 1,164 two-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 1 June 2013, is AED 95,000 a year: a gross yield of 4.3% on the 2015 price, before the service charge of about AED 27,400 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical two-bed in Marina Sail Tower
1M2M2008201320182023Typical sale price by year: 2008 AED 1,920,000; 2009 AED 1,159,725; 2010 AED 1,990,000; 2011 AED 809,140; 2012 AED 1,916,250; 2013 AED 1,424,000; 2014 AED 2,375,000; 2015 AED 2,200,000; 2018 AED 1,732,772; 2019 AED 1,420,000; 2022 AED 1,545,000; 2023 AED 1,635,000; 2024 AED 2,232,500; 2025 AED 2,350,000; 2026 AED 2,500,000Sold by developer, March 2012: AED 2,212,500 (AED 1,165 per sqft)Sold, April 2015: AED 2,210,000 (AED 1,164 per sqft)

1502 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1502, each contractTypical two-bed in Marina Sail Tower
100K125K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 130,000; 2014 AED 142,500; 2015 AED 144,500; 2016 AED 145,000; 2017 AED 120,000; 2018 AED 108,750; 2019 AED 101,409; 2020 AED 90,000; 2021 AED 90,000; 2022 AED 99,000; 2023 AED 107,300; 2024 AED 140,000; 2025 AED 145,000; 2026 AED 142,500New contract, June 2012: AED 95,000 a yearNew contract, June 2013: AED 95,000 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 Sail Tower, and where 1502 sits

All 72 2-beds →

1502 last sold in April 2015 at AED 1,164 per sqft, in line with what two-beds in Marina Sail Tower were fetching at the time (AED 1,164). Over the last 12 months two-beds sold for AED 2,250,000 to 2,650,000, around AED 1,403 per sqft, and rent for AED 114,139 to 165,000 a year. 1502's AED 95,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Aug 20262,250,000
6 Aug 20262,650,000
25 Jun 20262,500,000
30 Mar 20262,500,000
4 2-bed sales in the last 12 months

Marina Sail Tower

Building

152 apartments, 1-bed to 3-bed over 21 floors in Dubai Marina, completed in 2006 by 32 Group Properties. 7 sold in the last 12 months.

Typical price per sqft
AED 1,412
Typical sale
AED 2.5M
Typical rent
AED 100K /yr
Typical yield
6.1%
Marina Sail Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 152 units in Marina Sail Tower
Value
15011-bedAED 1.25M · Jun 2023
15031-bedAED 825K · May 2022
15043-bedAED 1.43M · May 2013
15052-bedAED 2.5M · Dec 2024
15062-bedNo registered sale
15072-bedAED 1.42M · Apr 2013

1502, Marina Sail Tower in numbers

  • Sold twice: first on 7 March 2012 for AED 2,212,500, last on 15 April 2015 for AED 2,210,000 (AED 1,164 per sqft).
  • Rented since June 2012 on 2 Ejari contracts, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2015 price is 4.3%, before a service charge of about AED 27,400 a year (AED 14.43 per sqft).
  • Two-beds in Marina Sail Tower sold for AED 2,250,000–2,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,412 per sqft.

Source: Dubai Land Department. Updated 15 April 2015.

Questions about 1502, Marina Sail Tower

What did unit 1502 last sell for?

AED 2,210,000 on 15 April 2015: AED 1,164 per sqft for 1,898 sqft. The unit has 2 registered sales; the first was AED 2,212,500 in March 2012.

What is the rent for unit 1502?

AED 95,000 a year on the contract signed on 1 June 2013. The previous contract, from June 2012, was AED 95,000.

How big is unit 1502?

1,898 sqft (176.3 sqm): a two-bedroom apartment on the 15th floor of a 21-storey tower completed in 2006.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Sail Tower sold for AED 2,250,000 to 2,650,000 in the last 12 months, around AED 1,403 per sqft.

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Mortgage on 1502, Marina Sail Tower

Starts from the last sale price (AED 2.21M, 15 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,210,000
Deposit, UAE resident (20%)
AED 442,000
Deposit, non-resident (40%)
AED 884,000
Monthly over 25 years at 3.7%
AED 9,042

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