1-bed · 959 sqftMarina Tower, Dubai Marina · 15th floor · completed 2006

1503, Marina Tower

Sold prices and rental history: sold 3 times, last in August 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 7 October 2024
Last soldAED 1.05M3 August 2021
Current rentAED 110K /yr7 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Marina Tower

What is 1503 worth today?

Last sold for AED 1,050,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 115 per sqft
7 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 115 per sqft
1 Oct 2023RentedNew contract
AED 120,000/yr12 months · AED 125 per sqft
3 Aug 2021SoldReady
AED 1,050,000AED 1,094 per sqft
15 Jan 2018RentedNew contract
AED 110,000/yr12 months · AED 115 per sqft
12 Dec 2014RentedNew contract
AED 120,000/yr12 months · AED 125 per sqft
11 Aug 2014SoldReady
AED 1,650,000AED 1,720 per sqft
3 Oct 2013Sold by developerReady
AED 1,560,000AED 1,626 per sqft

Source: Dubai Land Department. Updated 7 October 2024.

Key facts

Type
1-bed apartment
Size
959 sqft
Floor
15th of 32
Parking
P5-107
Developer
Select Global Development
Completed
2006
Service charge
AED 16,200 /yr
Last sold
AED 1.05M · August 2021
Building
Marina Tower

About 1503, Marina Tower

1503 is a one-bedroom apartment of 959 sqft on the 15th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. It last sold on 3 August 2021 for AED 1,050,000, or AED 1,094 per sqft.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 7 October 2024, is AED 110,000 a year: a gross yield of 10.5% on the 2021 price, before the service charge of about AED 16,200 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical one-bed in Marina Tower
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,380,000; 2014 AED 1,500,000; 2017 AED 1,380,000; 2018 AED 1,200,000; 2021 AED 950,000; 2022 AED 1,170,000; 2023 AED 1,290,000; 2024 AED 1,537,000; 2025 AED 1,570,000; 2026 AED 1,800,000Sold by developer, October 2013: AED 1,560,000 (AED 1,626 per sqft)Sold, August 2014: AED 1,650,000 (AED 1,720 per sqft)Sold, August 2021: AED 1,050,000 (AED 1,094 per sqft)

1503 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, each contractTypical one-bed in Marina Tower
50K100K2012201620202024Typical rent by year: 2012 AED 68,000; 2013 AED 70,000; 2014 AED 100,000; 2015 AED 100,000; 2016 AED 99,205; 2017 AED 95,000; 2018 AED 83,250; 2019 AED 76,000; 2020 AED 63,000; 2021 AED 60,000; 2022 AED 75,500; 2023 AED 90,000; 2024 AED 100,000; 2025 AED 105,000; 2026 AED 99,613New contract, September 2012: AED 68,000 a yearNew contract, December 2014: AED 120,000 a yearNew contract, January 2018: AED 110,000 a yearNew contract, October 2023: AED 120,000 a yearNew contract, October 2024: AED 110,000 a yearNew contract, October 2024: AED 110,000 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 Tower, and where 1503 sits

All 51 1-beds →

Over the last 12 months one-beds sold for AED 150,857 to 1,807,735, around AED 1,884 per sqft, and rent for AED 67,000 to 125,000 a year. 1503's AED 110,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Aug 20269,519
29 Jul 202641,824
14 Jul 20261,800,000
30 Apr 20261,807,735
5 1-bed sales in the last 12 months

Marina Tower

Building

197 apartments, 1-bed to 3-bed over 32 floors in Dubai Marina, completed in 2006 by Select Global Development. 17 sold in the last 12 months.

Typical price per sqft
AED 1,891 Up 3.1%
Typical sale
AED 3.4M
Typical rent
AED 143K /yr
Typical yield
5.7%
Marina Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 197 units in Marina Tower
Value
15013-bedAED 2.45M · Aug 2022
15021-bedAED 1.38M · Oct 2023
15042-bedAED 2.05M · Oct 2013
15052-bedAED 2.45M · Sep 2014
15063-bedAED 2.92M · Aug 2013
15073-bedAED 3.8M · Feb 2025

1503, Marina Tower in numbers

  • Sold 3 times: first on 3 October 2013 for AED 1,560,000, last on 3 August 2021 for AED 1,050,000 (AED 1,094 per sqft).
  • Rented since September 2012 on 6 Ejari contracts, from AED 68,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 10.5%, before a service charge of about AED 16,200 a year (AED 16.91 per sqft).
  • One-beds in Marina Tower sold for AED 150,857–1,807,735 in the 12 months to November 2026; the building's median across all types is AED 1,891 per sqft.

Source: Dubai Land Department. Updated 7 October 2024.

Questions about 1503, Marina Tower

What did unit 1503 last sell for?

AED 1,050,000 on 3 August 2021: AED 1,094 per sqft for 959 sqft. The unit has 3 registered sales; the first was AED 1,560,000 in October 2013.

What is the rent for unit 1503?

AED 110,000 a year on the contract signed on 7 October 2024. The previous contract, from October 2024, was AED 110,000; the unit has been rented since September 2012.

How big is unit 1503?

959 sqft (89.1 sqm): a one-bedroom apartment on the 15th floor of a 32-storey tower completed in 2006.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Tower sold for AED 150,857 to 1,807,735 in the last 12 months, around AED 1,884 per sqft.

Selling 1503? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1503, Marina Tower

Starts from the last sale price (AED 1.05M, 3 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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