1-bed · 693 sqftMarina View Towers A, Dubai Marina · 5th floor · completed 2007

505, Marina View Towers A

Sold prices and rental history: sold once, by the developer in January 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 3 September 2022
Last soldAED 434K13 January 2010
Current rentAED 53K /yr3 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Marina View Towers A

What is 505 worth today?

Last sold for AED 434,193 in 2010

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3 Sep 2022RentedRenewal
AED 53,000/yr12 months · AED 77 per sqft
3 Sep 2021RentedRenewal
AED 48,000/yr12 months · AED 70 per sqft
3 Sep 2020RentedNew contract
AED 45,000/yr12 months · AED 65 per sqft
26 Sep 2019RentedNew contract
AED 59,500/yr12 months · AED 86 per sqft
4 Aug 2016RentedNew contract
AED 80,000/yr12 months · AED 116 per sqft
13 Jan 2010Sold by developerReady
AED 434,193AED 626 per sqft

Source: Dubai Land Department. Updated 3 September 2022.

Key facts

Type
1-bed apartment
Size
693 sqft
Floor
5th of 23
Parking
B3/19
Developer
New City Developers
Completed
2007
Service charge
AED 11,500 /yr
Last sold
AED 434K · January 2010

About 505, Marina View Towers A

505 is a one-bedroom apartment of 693 sqft on the 5th 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 13 January 2010 for AED 434,193, or AED 626 per sqft, 22% below the AED 805 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 3 September 2022, is AED 53,000 a year: a gross yield of 12.2% on the 2010 price, before the service charge of about AED 11,500 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, January 2010: AED 434,193 (AED 626 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Marina View Towers A
50K75K2012201620202024Typical 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, August 2016: AED 80,000 a yearNew contract, September 2019: AED 59,500 a yearNew contract, September 2020: AED 45,000 a yearRenewal, September 2021: AED 48,000 a yearRenewal, September 2022: AED 53,000 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 505 sits

All 96 1-beds →

505 last sold in January 2010 at AED 626 per sqft, 22% below what one-beds in Marina View Towers A were fetching at the time (AED 805). 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. 505's AED 53,000 is at the bottom 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 5th floor

All 256 units in Marina View Towers A
Value
5011-bedAED 750K · Apr 2010
502StudioAED 420K · Dec 2011
5031-bedAED 960K · Jul 2013
5041-bedAED 422K · Feb 2009
506StudioAED 535K · Oct 2012
5071-bedAED 868K · Oct 2022
5081-bedAED 1.12M · May 2023
1–7 of 13

505, Marina View Towers A in numbers

  • Sold once: by New City Developers on 13 January 2010 for AED 434,193, or AED 626 per sqft.
  • Rented since August 2016 on 5 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2020 and recovered to AED 53,000 by September 2022.
  • At AED 53,000 a year the gross yield on the 2010 price is 12.2%, before a service charge of about AED 11,500 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 3 September 2022.

Questions about 505, Marina View Towers A

What did unit 505 last sell for?

AED 434,193 on 13 January 2010, sold by the developer: AED 626 per sqft for 693 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 53,000 a year on the contract renewed on 3 September 2022. The previous contract, from September 2021, was AED 48,000; the unit has been rented since August 2016.

How big is unit 505?

693 sqft (64.4 sqm): a one-bedroom apartment on the 5th floor of a 23-storey tower completed in 2007.

What is unit 505 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 505, Marina View Towers A

Starts from the last sale price (AED 434K, 13 January 2010). Switch to today's estimate once you have unlocked it.
Price
AED 434,193
Deposit, UAE resident (20%)
AED 86,839
Deposit, non-resident (40%)
AED 173,677
Monthly over 25 years at 3.7%
AED 1,776

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