1-bed · 824 sqftMarina Wharf Tower 1, Dubai Marina · 5th floor · completed 2010

504, Marina Wharf Tower 1

Sold prices and rental history: sold twice, last in July 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 15 April 2023
Last soldAED 966K14 July 2014
Current rentAED 66K /yr15 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Marina Wharf Tower 1

What is 504 worth today?

Last sold for AED 965,950 in 2014

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15 Apr 2023RentedRenewal
AED 66,000/yr12 months · AED 80 per sqft
15 Apr 2022RentedRenewal
AED 60,000/yr12 months · AED 72 per sqft
15 Apr 2021RentedNew contract
AED 49,000/yr12 months · AED 59 per sqft
1 Feb 2020RentedRenewal
AED 58,000/yr12 months · AED 70 per sqft
1 Feb 2019RentedRenewal
AED 65,000/yr12 months · AED 78 per sqft
1 Feb 2018RentedNew contract
AED 70,000/yr12 months · AED 84 per sqft
1 Oct 2016RentedNew contract
AED 80,000/yr12 months · AED 97 per sqft
14 Jul 2014SoldReady
AED 965,950AED 1,171 per sqft

Source: Dubai Land Department. Updated 15 April 2023.

Key facts

Type
1-bed apartment
Size
824 sqft
Floor
5th of 27
Parking
S-1
Developer
Dheeraj & East Coast
Completed
2010
Service charge
AED 14,700 /yr
Last sold
AED 966K · July 2014

About 504, Marina Wharf Tower 1

504 is a one-bedroom apartment of 824 sqft on the 5th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. It last sold on 14 July 2014 for AED 965,950, or AED 1,171 per sqft, 14% above the AED 1,029 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 April 2023, is AED 66,000 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 14,700 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical one-bed in Marina Wharf Tower 1
1M1.5M2011201520192023Typical sale price by year: 2011 AED 779,875; 2012 AED 695,300; 2013 AED 726,750; 2014 AED 769,781; 2015 AED 1,155,000; 2017 AED 1,000,000; 2018 AED 800,000; 2022 AED 982,500; 2023 AED 1,255,000; 2024 AED 1,300,000; 2025 AED 1,400,000Sold by developer, April 2014: AED 670,650 (AED 813 per sqft)Sold, July 2014: AED 965,950 (AED 1,171 per sqft)

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

Rents
Unit 504, each contractTypical one-bed in Marina Wharf Tower 1
60K80K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 71,500; 2014 AED 83,250; 2015 AED 89,625; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 74,000; 2019 AED 64,500; 2020 AED 58,000; 2021 AED 50,000; 2022 AED 63,250; 2023 AED 64,400; 2024 AED 85,000; 2025 AED 90,000; 2026 AED 85,000New contract, February 2013: AED 57,500 a yearNew contract, February 2014: AED 80,000 a yearNew contract, October 2016: AED 80,000 a yearNew contract, February 2018: AED 70,000 a yearRenewal, February 2019: AED 65,000 a yearRenewal, February 2020: AED 58,000 a yearNew contract, April 2021: AED 49,000 a yearRenewal, April 2022: AED 60,000 a yearRenewal, April 2023: AED 66,000 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 Wharf Tower 1, and where 504 sits

All 33 1-beds →

504 last sold in July 2014 at AED 1,171 per sqft, 14% above what one-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,029). Over the last 12 months one-beds sold for AED 1,200,000 to 1,349,957, around AED 1,757 per sqft, and rent for AED 70,180 to 110,000 a year. 504's AED 66,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20261,200,000
30 Dec 20251,349,957
13 Mar 20251,400,000
20 Jan 20251,650,000
2 1-bed sales in the last 12 months

Marina Wharf Tower 1

Building

135 apartments, 1-bed to 4-bed over 27 floors in Dubai Marina, completed in 2010 by Dheeraj & East Coast. 10 sold in the last 12 months.

Typical price per sqft
AED 1,503 Down 8.1%
Typical sale
AED 2.35M
Typical rent
AED 110K /yr
Typical yield
6.1%
Marina Wharf Tower 1, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 135 units in Marina Wharf Tower 1
Value
5012-bedAED 1.6M · Apr 2013
5022-bedAED 1.65M · Sep 2012
5031-bedAED 1.2M · Sep 2014
5052-bedAED 2.03M · Jan 2015
5062-bedAED 1.92M · Apr 2014

504, Marina Wharf Tower 1 in numbers

  • Sold twice: first on 9 April 2014 for AED 670,650, last on 14 July 2014 for AED 965,950 (AED 1,171 per sqft).
  • Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 57,500 to AED 49,000 in 2021 and recovered to AED 66,000 by April 2023.
  • At AED 66,000 a year the gross yield on the 2014 price is 6.8%, before a service charge of about AED 14,700 a year (AED 17.79 per sqft).
  • One-beds in Marina Wharf Tower 1 sold for AED 1,200,000–1,349,957 in the 12 months to November 2026; the building's median across all types is AED 1,503 per sqft.

Source: Dubai Land Department. Updated 15 April 2023.

Questions about 504, Marina Wharf Tower 1

What did unit 504 last sell for?

AED 965,950 on 14 July 2014: AED 1,171 per sqft for 824 sqft. The unit has 2 registered sales; the first was AED 670,650 in April 2014.

What is the rent for unit 504?

AED 66,000 a year on the contract renewed on 15 April 2023. The previous contract, from April 2022, was AED 60,000; the unit has been rented since February 2013.

How big is unit 504?

824 sqft (76.6 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2010.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Wharf Tower 1 sold for AED 1,200,000 to 1,349,957 in the last 12 months, around AED 1,757 per sqft.

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Mortgage on 504, Marina Wharf Tower 1

Starts from the last sale price (AED 966K, 14 July 2014). Switch to today's estimate once you have unlocked it.
Price
AED 965,950
Deposit, UAE resident (20%)
AED 193,190
Deposit, non-resident (40%)
AED 386,380
Monthly over 25 years at 3.7%
AED 3,952

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