506, Marina Tower
Sold prices and rental history: sold 3 times, last in November 2023, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Marina Tower
What is 506 worth today?
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Source: Dubai Land Department. Updated 10 November 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 1,854 sqft
- Floor
- 5th of 32
- Parking
- P4-T102
- Developer
- Select Global Development
- Completed
- 2006
- Service charge
- AED 31,300 /yr
- Last sold
- AED 2.9M · November 2023
- Building
- Marina Tower
About 506, Marina Tower
506 is a three-bedroom apartment of 1,854 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 10 November 2023 for AED 2,900,000, or AED 1,564 per sqft, in line with the AED 1,549 three-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 7 February 2021, is AED 125,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 31,300 a year.
Sales and rents for 506 over time
506 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Marina Tower, and where 506 sits
All 76 3-beds →506 last sold in November 2023 at AED 1,564 per sqft, in line with what three-beds in Marina Tower were fetching at the time (AED 1,549). Over the last 12 months three-beds sold for AED 3,000,000 to 4,700,000, around AED 2,056 per sqft, and rent for AED 110,000 to 250,000 a year. 506's AED 125,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 1,854 sqft | 3,615,000 | 1,950 | ||
| 19 Aug 202619 August 2026 | 2,274 sqft | 4,275,000 | 1,879 | ||
| 6 Aug 20266 August 2026 | 1,586 sqft | 124,219 | 78 | ||
| 12 May 202612 May 2026 | 1,586 sqft | 3,000,000 | 1,891 |
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 | |
| 505 | 2-bed | 1,401 sqft | AED 1.35MAED 1,350,000 · Apr 2021April 2021 | 80,000 /yr | |
| 507 | 3-bed | 2,001 sqft | AED 3.1MAED 3,100,000 · Nov 2013November 2013 |
506, Marina Tower in numbers
- Sold 3 times: first on 9 September 2013 for AED 2,985,000, last on 10 November 2023 for AED 2,900,000 (AED 1,564 per sqft).
- Rented since January 2014 on 3 Ejari contracts, from AED 200,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 31,300 a year (AED 16.91 per sqft).
- Three-beds in Marina Tower sold for AED 3,000,000–4,700,000 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 10 November 2023.
Questions about 506, Marina Tower
What did unit 506 last sell for?
AED 2,900,000 on 10 November 2023: AED 1,564 per sqft for 1,854 sqft. The unit has 3 registered sales; the first was AED 2,985,000 in September 2013.
What is the rent for unit 506?
AED 125,000 a year on the contract signed on 7 February 2021. The previous contract, from June 2020, was AED 125,000; the unit has been rented since January 2014.
How big is unit 506?
1,854 sqft (172.2 sqm): a three-bedroom apartment on the 5th floor of a 32-storey tower completed in 2006.
What is unit 506 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Tower sold for AED 3,000,000 to 4,700,000 in the last 12 months, around AED 2,056 per sqft.
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Mortgage on 506, Marina Tower
Starts from the last sale price (AED 2.9M, 10 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →