2-bed · 1,520 sqftMarina Tower, Dubai Marina · 25th floor · completed 2006

2504, Marina Tower

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2504 · DLD and Ejari recordsUpdated 29 September 2023
Last soldAED 2.52M27 October 2015
Current rentAED 155K /yr29 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2504, Marina Tower

What is 2504 worth today?

Last sold for AED 2,515,000 in 2015

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29 Sep 2023RentedRenewal
AED 155,000/yr12 months · AED 102 per sqft
29 Sep 2023RentedRenewal
AED 155,000/yr12 months · AED 102 per sqft
29 Sep 2022RentedRenewal
AED 125,000/yr12 months · AED 82 per sqft
29 Sep 2021RentedRenewal
AED 105,000/yr12 months · AED 69 per sqft
28 Sep 2020RentedNew contract
AED 95,734/yr12 months · AED 63 per sqft
27 Oct 2015Sold by developerReady
AED 2,515,000AED 1,654 per sqft
28 Feb 2013RentedNew contract
AED 140,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 29 September 2023.

Key facts

Type
2-bed apartment
Size
1,520 sqft
Floor
25th of 32
Parking
P9-207
Developer
Select Global Development
Completed
2006
Service charge
AED 25,700 /yr
Last sold
AED 2.52M · October 2015
Building
Marina Tower

About 2504, Marina Tower

2504 is a two-bedroom apartment of 1,520 sqft on the 25th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. The developer sold it on 27 October 2015 for AED 2,515,000, or AED 1,654 per sqft, in line with the AED 1,666 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 29 September 2023, is AED 155,000 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 25,700 a year.

Sales and rents for 2504 over time

Sales
Unit 2504, each saleTypical two-bed in Marina Tower
1M2M3M2013201720212025Typical sale price by year: 2013 AED 2,050,000; 2014 AED 2,650,000; 2015 AED 2,745,000; 2019 AED 1,200,000; 2021 AED 1,575,000; 2022 AED 1,670,000; 2023 AED 2,048,408; 2024 AED 2,300,000; 2025 AED 2,350,000Sold by developer, October 2015: AED 2,515,000 (AED 1,654 per sqft)

2504 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2504, each contractTypical two-bed in Marina Tower
100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 120,000; 2014 AED 145,000; 2015 AED 142,500; 2016 AED 143,000; 2017 AED 130,000; 2018 AED 120,000; 2019 AED 120,000; 2020 AED 95,367; 2021 AED 95,000; 2022 AED 107,500; 2023 AED 135,000; 2024 AED 135,000; 2025 AED 150,000; 2026 AED 150,000New contract, February 2013: AED 140,000 a yearNew contract, September 2020: AED 95,734 a yearRenewal, September 2021: AED 105,000 a yearRenewal, September 2022: AED 125,000 a yearRenewal, September 2023: AED 155,000 a yearRenewal, September 2023: AED 155,000 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 Tower, and where 2504 sits

All 70 2-beds →

2504 last sold in October 2015 at AED 1,654 per sqft, in line with what two-beds in Marina Tower were fetching at the time (AED 1,666). Over the last 12 months two-beds sold for AED 2,475,000 to 2,500,000, around AED 1,648 per sqft, and rent for AED 115,000 to 330,000 a year. 2504's AED 155,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 May 20262,500,000
26 Jan 20262,475,000
21 Feb 20252,350,000
31 Jan 20252,100,000
2 2-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 25th floor

All 197 units in Marina Tower
Value
25013-bedAED 4.5M · Jan 2015
25021-bedAED 1.45M · Mar 2014
25032-bedAED 2.5M · Jan 2025
25053-bedAED 4.7M · Mar 2026

2504, Marina Tower in numbers

  • Sold once: by Select Global Development on 27 October 2015 for AED 2,515,000, or AED 1,654 per sqft.
  • Rented since February 2013 on 6 Ejari contracts. The rent fell from AED 140,000 to AED 95,734 in 2020 and recovered to AED 155,000 by September 2023.
  • At AED 155,000 a year the gross yield on the 2015 price is 6.2%, before a service charge of about AED 25,700 a year (AED 16.91 per sqft).
  • Two-beds in Marina Tower sold for AED 2,475,000–2,500,000 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 29 September 2023.

Questions about 2504, Marina Tower

What did unit 2504 last sell for?

AED 2,515,000 on 27 October 2015, sold by the developer: AED 1,654 per sqft for 1,520 sqft. It is the only registered sale of the unit.

What is the rent for unit 2504?

AED 155,000 a year on the contract renewed on 29 September 2023. The previous contract, from September 2023, was AED 155,000; the unit has been rented since February 2013.

How big is unit 2504?

1,520 sqft (141.2 sqm): a two-bedroom apartment on the 25th floor of a 32-storey tower completed in 2006.

What is unit 2504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Tower sold for AED 2,475,000 to 2,500,000 in the last 12 months, around AED 1,648 per sqft.

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Mortgage on 2504, Marina Tower

Starts from the last sale price (AED 2.52M, 27 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,515,000
Deposit, UAE resident (20%)
AED 503,000
Deposit, non-resident (40%)
AED 1,006,000
Monthly over 25 years at 3.7%
AED 10,290

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