3-bed · 2,549 sqftMarina View Towers B, Dubai Marina · 5th floor · completed 2007

506, Marina View Towers B

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 1.54M12 April 2009
Current rentAED 135K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Marina View Towers B

What is 506 worth today?

Last sold for AED 1,540,700 in 2009

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1 Dec 2023RentedNew contract
AED 135,000/yr12 months · AED 53 per sqft
5 Oct 2022RentedNew contract
AED 115,000/yr12 months · AED 45 per sqft
15 Oct 2021RentedNew contract
AED 115,000/yr12 months · AED 45 per sqft
6 Aug 2018RentedNew contract
AED 110,000/yr12 months · AED 43 per sqft
29 Jul 2017RentedNew contract
AED 120,000/yr12 months · AED 47 per sqft
12 Apr 2009Sold by developerReady
AED 1,540,700AED 604 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
3-bed apartment
Size
2,549 sqft
Floor
5th of 11
Parking
B2/1, 2
Developer
New City Developers
Completed
2007
Service charge
AED 42,400 /yr
Last sold
AED 1.54M · April 2009

About 506, Marina View Towers B

506 is a three-bedroom apartment of 2,549 sqft on the 5th floor of Marina View Towers B, a 11-storey tower in Dubai Marina completed in 2007 by New City Developers. The developer sold it on 12 April 2009 for AED 1,540,700, or AED 604 per sqft.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 December 2023, is AED 135,000 a year: a gross yield of 8.8% on the 2009 price, before the service charge of about AED 42,400 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical three-bed in Marina View Towers B
1.5M2M2.5M2009201420192024Typical sale price by year: 2009 AED 1,700,000; 2013 AED 2,314,250; 2025 AED 2,573,500Sold by developer, April 2009: AED 1,540,700 (AED 604 per sqft)

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

Rents
Unit 506, each contractTypical three-bed in Marina View Towers B
100K150K201620192022Typical 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 2017: AED 120,000 a yearNew contract, August 2018: AED 110,000 a yearNew contract, October 2021: AED 115,000 a yearNew contract, October 2022: AED 115,000 a yearNew contract, December 2023: AED 135,000 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 506 sits

All 9 3-beds →
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
5053-bedAED 1.8M · Oct 2021
5071-bedAED 717K · Feb 2009

506, Marina View Towers B in numbers

  • Sold once: by New City Developers on 12 April 2009 for AED 1,540,700, or AED 604 per sqft.
  • Rented since July 2017 on 5 Ejari contracts, from AED 120,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2009 price is 8.8%, before a service charge of about AED 42,400 a year (AED 16.65 per sqft).

Source: Dubai Land Department. Updated 1 December 2023.

Questions about 506, Marina View Towers B

What did unit 506 last sell for?

AED 1,540,700 on 12 April 2009, sold by the developer: AED 604 per sqft for 2,549 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 135,000 a year on the contract signed on 1 December 2023. The previous contract, from October 2022, was AED 115,000; the unit has been rented since July 2017.

How big is unit 506?

2,549 sqft (236.8 sqm): a three-bedroom apartment on the 5th floor of a 11-storey tower completed in 2007.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 506, Marina View Towers B

Starts from the last sale price (AED 1.54M, 12 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,540,700
Deposit, UAE resident (20%)
AED 308,140
Deposit, non-resident (40%)
AED 616,280
Monthly over 25 years at 3.7%
AED 6,303

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