505, Marina Tower
Sold prices and rental history: sold twice, last in April 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Marina Tower
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 July 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,401 sqft
- Floor
- 5th of 32
- Parking
- P1-022
- Developer
- Select Global Development
- Completed
- 2006
- Service charge
- AED 23,700 /yr
- Last sold
- AED 1.35M · April 2021
- Building
- Marina Tower
About 505, Marina Tower
505 is a two-bedroom apartment of 1,401 sqft on the 5th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. It last sold on 18 April 2021 for AED 1,350,000, or AED 963 per sqft, in line with the AED 963 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 80,000 a year: a gross yield of 5.9% on the 2021 price, before the service charge of about AED 23,700 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the two-bed median of each year in the building.
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 505 sits
All 70 2-beds →505 last sold in April 2021 at AED 963 per sqft, in line with what two-beds in Marina Tower were fetching at the time (AED 963). 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. 505's AED 80,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 May 20261 May 2026 | 1,499 sqft | 2,500,000 | 1,668 | ||
| 26 Jan 202626 January 2026 | 1,520 sqft | 2,475,000 | 1,628 | ||
| 21 Feb 202521 February 2025 | 1,269 sqft | 2,350,000 | 1,851 | ||
| 31 Jan 202531 January 2025 | 1,400 sqft | 2,100,000 | 1,499 |
Marina Tower
Building197 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%
Other units on the 5th floor
All 197 units in Marina Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,586 sqft | AED 2.8MAED 2,800,000 · Oct 2016October 2016 | 182,500 /yr | |
| 502 | 1-bed | 761 sqft | AED 1.44MAED 1,440,000 · Jul 2024July 2024 | 100,000 /yr | |
| 503 | 1-bed | 959 sqft | AED 1.81MAED 1,807,735 · Apr 2026April 2026 | 99,225 /yr | |
| 504 | 2-bed | 1,269 sqft | AED 1.92MAED 1,920,000 · Aug 2013August 2013 | 145,000 /yr | |
| 506 | 3-bed | 1,854 sqft | AED 2.9MAED 2,900,000 · Nov 2023November 2023 | 125,000 /yr | |
| 507 | 3-bed | 2,001 sqft | AED 3.1MAED 3,100,000 · Nov 2013November 2013 |
505, Marina Tower in numbers
- Sold twice: first on 1 October 2013 for AED 2,100,000, last on 18 April 2021 for AED 1,350,000 (AED 963 per sqft).
- Rented since April 2014 on 6 Ejari contracts, from AED 125,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2021 price is 5.9%, before a service charge of about AED 23,700 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 1 July 2022.
Questions about 505, Marina Tower
What did unit 505 last sell for?
AED 1,350,000 on 18 April 2021: AED 963 per sqft for 1,401 sqft. The unit has 2 registered sales; the first was AED 2,100,000 in October 2013.
What is the rent for unit 505?
AED 80,000 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 80,000; the unit has been rented since April 2014.
How big is unit 505?
1,401 sqft (130.2 sqm): a two-bedroom apartment on the 5th floor of a 32-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. 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 505, Marina Tower
Starts from the last sale price (AED 1.35M, 18 April 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →