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2-bed · 759 sqftMarina Wharf Tower 2, Dubai Marina · 5th floor · completed 2014

503, Marina Wharf Tower 2

Sold prices and rental history: sold once, by the developer in June 2013, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 17 April 2021
Last soldAED 1.18M5 June 2013
Current rentAED 82K /yr17 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 503, Marina Wharf Tower 2

What is 503 worth today?

Last sold for AED 1,182,000 in 2013

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17 Apr 2021RentedNew contract
AED 82,000/yr12 months · AED 107 per sqft
20 Aug 2020RentedNew contract
AED 76,000/yr12 months · AED 99 per sqft
5 Jun 2013Sold by developerOff-plan
AED 1,182,000AED 1,556 per sqft

Source: Dubai Land Department. Updated 17 April 2021.

Key facts

Type
2-bed apartment
Size
759 sqft
Floor
5th of 27
Parking
B1-09
Developer
Dheeraj & East Coast
Completed
2014
Service charge
AED 12,800 /yr
Last sold
AED 1.18M · June 2013
Building
Marina Wharf Tower 2

About 503, Marina Wharf Tower 2

503 is a two-bedroom apartment of 759 sqft on the 5th floor of Marina Wharf Tower 2, a 27-storey tower in Dubai Marina completed in 2014 by Dheeraj & East Coast. The developer sold it on 5 June 2013 for AED 1,182,000, or AED 1,556 per sqft.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 17 April 2021, is AED 82,000 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 12,800 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical two-bed in Marina Wharf Tower 2
1M1.5M2009201420192024Typical sale price by year: 2009 AED 899,699; 2013 AED 1,083,500; 2014 AED 1,260,000; 2018 AED 1,182,000; 2019 AED 1,005,000; 2020 AED 800,000; 2021 AED 875,000; 2022 AED 1,000,000; 2023 AED 1,225,000; 2024 AED 1,700,000; 2025 AED 1,500,000; 2026 AED 1,500,000Sold by developer, June 2013: AED 1,182,000 (AED 1,556 per sqft)

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

Rents
Unit 503, each contractTypical two-bed in Marina Wharf Tower 2
75K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 82,500; 2023 AED 95,000; 2024 AED 113,000; 2025 AED 110,000; 2026 AED 100,000New contract, August 2020: AED 76,000 a yearNew contract, April 2021: AED 82,000 a year

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

2-beds in Marina Wharf Tower 2, and where 503 sits

All 55 2-beds →

Over the last 12 months two-beds sold for AED 1,470,000 to 1,566,400, around AED 1,975 per sqft, and rent for AED 64,615 to 140,000 a year. 503's AED 82,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jun 20261,500,000
16 Mar 20261,470,000
27 Feb 20261,566,400
23 Dec 20251,500,000
4 2-bed sales in the last 12 months

Marina Wharf Tower 2

Building

166 apartments, studios to 3-bed over 27 floors in Dubai Marina, completed in 2014 by Dheeraj & East Coast. 7 sold in the last 12 months.

Typical price per sqft
AED 1,748
Typical sale
AED 1.5M
Typical rent
AED 130K /yr
Typical yield
6.2%
Marina Wharf Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 166 units in Marina Wharf Tower 2
Value
5013-bedAED 1.43M · Jun 2009
5023-bedAED 1.32M · Oct 2018
5042-bedAED 1.03M · Nov 2022
5053-bedAED 1.26M · May 2009
5063-bedAED 2.1M · Jul 2023

503, Marina Wharf Tower 2 in numbers

  • Sold once: by Dheeraj & East Coast on 5 June 2013 for AED 1,182,000, or AED 1,556 per sqft.
  • Rented since August 2020 on 2 Ejari contracts, from AED 76,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2013 price is 6.9%, before a service charge of about AED 12,800 a year (AED 16.88 per sqft).
  • Two-beds in Marina Wharf Tower 2 sold for AED 1,470,000–1,566,400 in the 12 months to November 2026; the building's median across all types is AED 1,748 per sqft.

Source: Dubai Land Department. Updated 17 April 2021.

Questions about 503, Marina Wharf Tower 2

What did unit 503 last sell for?

AED 1,182,000 on 5 June 2013, sold by the developer: AED 1,556 per sqft for 759 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 82,000 a year on the contract signed on 17 April 2021. The previous contract, from August 2020, was AED 76,000.

How big is unit 503?

759 sqft (70.5 sqm): a two-bedroom apartment on the 5th floor of a 27-storey tower completed in 2014.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Wharf Tower 2 sold for AED 1,470,000 to 1,566,400 in the last 12 months, around AED 1,975 per sqft.

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Mortgage on 503, Marina Wharf Tower 2

Starts from the last sale price (AED 1.18M, 5 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,182,000
Deposit, UAE resident (20%)
AED 236,400
Deposit, non-resident (40%)
AED 472,800
Monthly over 25 years at 3.7%
AED 4,836

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