3-bed · 2,529 sqftMarina View Towers B, Dubai Marina · 5th floor · completed 2007

505, Marina View Towers B

Sold prices and rental history: sold 3 times, last in October 2021, 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 17 April 2022
Last soldAED 1.8M26 October 2021
Current rentAED 150K /yr17 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Marina View Towers B

What is 505 worth today?

Last sold for AED 1,800,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

17 Apr 2022RentedNew contract
AED 150,000/yr12 months · AED 59 per sqft
26 Oct 2021SoldReady
AED 1,800,000AED 711 per sqft
27 Oct 2020SoldReady
AED 1,150,000AED 454 per sqft
15 Oct 2018RentedNew contract
AED 100,000/yr12 months · AED 40 per sqft
24 Aug 2017RentedNew contract
AED 115,000/yr12 months · AED 45 per sqft
1 Jul 2016RentedNew contract
AED 140,000/yr12 months · AED 55 per sqft
19 Apr 2012Sold by developerReady
AED 1,357,608AED 536 per sqft

Source: Dubai Land Department. Updated 17 April 2022.

Key facts

Type
3-bed apartment
Size
2,529 sqft
Floor
5th of 11
Parking
B2/132,133
Developer
New City Developers
Completed
2007
Service charge
AED 42,100 /yr
Last sold
AED 1.8M · October 2021

About 505, Marina View Towers B

505 is a three-bedroom apartment of 2,529 sqft on the 5th floor of Marina View Towers B, a 11-storey tower in Dubai Marina completed in 2007 by New City Developers. It last sold on 26 October 2021 for AED 1,800,000, or AED 711 per sqft, in line with the AED 710 three-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 17 April 2022, is AED 150,000 a year: a gross yield of 8.3% on the 2021 price, before the service charge of about AED 42,100 a year.

Sales and rents for 505 over time

Sales
Unit 505, each saleTypical three-bed in Marina View Towers B
1M2M2009201420192024Typical sale price by year: 2009 AED 1,700,000; 2013 AED 2,314,250; 2025 AED 2,573,500Sold by developer, April 2012: AED 1,357,608 (AED 536 per sqft)Sold, October 2020: AED 1,150,000 (AED 454 per sqft)Sold, October 2021: AED 1,800,000 (AED 711 per sqft)

505 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 505, each contractTypical three-bed in Marina View Towers B
100K150K20162018202020222024Typical rent by year: 2016 AED 140,000; 2017 AED 135,000; 2018 AED 110,000; 2019 AED 140,000; 2020 AED 130,000; 2021 AED 105,000; 2022 AED 115,000; 2023 AED 165,000New contract, July 2016: AED 140,000 a yearNew contract, August 2017: AED 115,000 a yearNew contract, October 2018: AED 100,000 a yearNew contract, April 2022: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Marina View Towers B, and where 505 sits

All 9 3-beds →

505 last sold in October 2021 at AED 711 per sqft, in line with what three-beds in Marina View Towers B were fetching at the time (AED 710).

Recent 3-bed salesUnit no.Price (AED)Summary
29 Aug 20252,439,363
14 Jul 20252,530,000
19 Jun 20252,617,000
26 Mar 20254,900,000
0 3-bed sales in the last 12 months

Marina View Towers B

Building

101 apartments, studios to 4-bed over 11 floors in Dubai Marina, completed in 2007 by New City Developers. 4 sold in the last 12 months.

Typical price per sqft
AED 2,288
Typical sale
AED 1.53M
Typical rent
AED 90K /yr
Typical yield
4.9%
Marina View Towers B, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 101 units in Marina View Towers B
Value
5011-bedAED 706K · May 2009
5023-bedAED 4.9M · Mar 2025
5031-bedAED 985K · Nov 2018
5041-bedAED 1.65M · Feb 2025
5063-bedAED 1.54M · Apr 2009
5071-bedAED 717K · Feb 2009

505, Marina View Towers B in numbers

  • Sold 3 times: first on 19 April 2012 for AED 1,357,608, last on 26 October 2021 for AED 1,800,000 (AED 711 per sqft).
  • Rented since July 2016 on 4 Ejari contracts. The rent fell from AED 140,000 to AED 100,000 in 2018 and recovered to AED 150,000 by April 2022.
  • At AED 150,000 a year the gross yield on the 2021 price is 8.3%, before a service charge of about AED 42,100 a year (AED 16.65 per sqft).

Source: Dubai Land Department. Updated 17 April 2022.

Questions about 505, Marina View Towers B

What did unit 505 last sell for?

AED 1,800,000 on 26 October 2021: AED 711 per sqft for 2,529 sqft. The unit has 3 registered sales; the first was AED 1,357,608 in April 2012.

What is the rent for unit 505?

AED 150,000 a year on the contract signed on 17 April 2022. The previous contract, from October 2018, was AED 100,000; the unit has been rented since July 2016.

How big is unit 505?

2,529 sqft (235.0 sqm): a three-bedroom apartment on the 5th floor of a 11-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.

Selling 505? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 505, Marina View Towers B

Starts from the last sale price (AED 1.8M, 26 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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