1-bed · 762 sqftMarina View Towers A, Dubai Marina · 15th floor · completed 2007

1507, Marina View Towers A

Sold prices and rental history: sold once, by the developer in November 2009, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 743K17 November 2009
Current rentAED 82K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Marina View Towers A

What is 1507 worth today?

Last sold for AED 743,000 in 2009

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15 Aug 2024RentedNew contract
AED 82,000/yr12 months · AED 107 per sqft
3 Oct 2019RentedNew contract
AED 60,000/yr12 months · AED 79 per sqft
1 Jul 2013RentedNew contract
AED 80,000/yr12 months · AED 105 per sqft
17 Nov 2009Sold by developerReady
AED 743,000AED 975 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
15th of 23
Parking
B3/75
Developer
New City Developers
Completed
2007
Service charge
AED 12,700 /yr
Last sold
AED 743K · November 2009

About 1507, Marina View Towers A

1507 is a one-bedroom apartment of 762 sqft on the 15th floor of Marina View Towers A, a 23-storey tower in Dubai Marina completed in 2007 by New City Developers. The developer sold it on 17 November 2009 for AED 743,000, or AED 975 per sqft, 20% above the AED 813 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 15 August 2024, is AED 82,000 a year: a gross yield of 11.0% on the 2009 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, each saleTypical one-bed in Marina View Towers A
500K1M2009201420192024Typical sale price by year: 2009 AED 661,319; 2010 AED 587,757; 2011 AED 620,000; 2012 AED 731,330; 2013 AED 870,000; 2014 AED 1,190,000; 2015 AED 1,120,000; 2016 AED 1,110,000; 2017 AED 1,019,000; 2018 AED 880,000; 2020 AED 730,000; 2021 AED 665,000; 2022 AED 884,000; 2023 AED 1,115,000; 2024 AED 1,290,000; 2025 AED 1,280,000Sold by developer, November 2009: AED 743,000 (AED 975 per sqft)

1507 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1507, each contractTypical one-bed in Marina View Towers A
60K80K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 75,000; 2014 AED 90,000; 2015 AED 90,750; 2016 AED 90,000; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 63,800; 2023 AED 76,000; 2024 AED 82,500; 2025 AED 84,000; 2026 AED 80,000New contract, July 2013: AED 80,000 a yearNew contract, October 2019: AED 60,000 a yearNew contract, August 2024: AED 82,000 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 View Towers A, and where 1507 sits

All 96 1-beds →

1507 last sold in November 2009 at AED 975 per sqft, 20% above what one-beds in Marina View Towers A were fetching at the time (AED 813). Over the last 12 months one-beds sold for AED 1,061,946 to 1,300,000, around AED 1,626 per sqft, and rent for AED 55,000 to 121,000 a year. 1507's AED 82,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Jun 20261,061,946
12 Jan 20261,300,000
14 Nov 20251,235,000
30 Jul 20251,280,000
3 1-bed sales in the last 12 months

Marina View Towers A

Building

256 apartments, studios to 4-bed over 23 floors in Dubai Marina, completed in 2007 by New City Developers. 15 sold in the last 12 months.

Typical price per sqft
AED 1,573 Down 8.7%
Typical sale
AED 1.3M
Typical rent
AED 80K /yr
Typical yield
7.3%
Marina View Towers A, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 256 units in Marina View Towers A
Value
15011-bedAED 685K · May 2009
1502StudioAED 716K · Jul 2018
15032-bedAED 1.2M · Mar 2013
15042-bedAED 1.25M · Mar 2013
1505StudioAED 360K · May 2009
15061-bedAED 701K · Aug 2009
1508StudioAED 425K · Jun 2011
1–7 of 11

1507, Marina View Towers A in numbers

  • Sold once: by New City Developers on 17 November 2009 for AED 743,000, or AED 975 per sqft.
  • Rented since July 2013 on 3 Ejari contracts. The rent fell from AED 80,000 to AED 60,000 in 2019 and recovered to AED 82,000 by August 2024.
  • At AED 82,000 a year the gross yield on the 2009 price is 11.0%, before a service charge of about AED 12,700 a year (AED 16.65 per sqft).
  • One-beds in Marina View Towers A sold for AED 1,061,946–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,573 per sqft.

Source: Dubai Land Department. Updated 15 August 2024.

Questions about 1507, Marina View Towers A

What did unit 1507 last sell for?

AED 743,000 on 17 November 2009, sold by the developer: AED 975 per sqft for 762 sqft. It is the only registered sale of the unit.

What is the rent for unit 1507?

AED 82,000 a year on the contract signed on 15 August 2024. The previous contract, from October 2019, was AED 60,000; the unit has been rented since July 2013.

How big is unit 1507?

762 sqft (70.8 sqm): a one-bedroom apartment on the 15th floor of a 23-storey tower completed in 2007.

What is unit 1507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina View Towers A sold for AED 1,061,946 to 1,300,000 in the last 12 months, around AED 1,626 per sqft.

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Mortgage on 1507, Marina View Towers A

Starts from the last sale price (AED 743K, 17 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 743,000
Deposit, UAE resident (20%)
AED 148,600
Deposit, non-resident (40%)
AED 297,200
Monthly over 25 years at 3.7%
AED 3,040

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