Studio · 502 sqftStudio One, Dubai Marina · 15th floor · completed 2019

1502, Studio One

Sold prices and rental history: sold 3 times, last in February 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 7 February 2023
Last soldAED 880K7 February 2023
Current rentAED 49K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Studio One

What is 1502 worth today?

Last sold for AED 880,000 in 2023

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7 Feb 2023SoldReady
AED 880,000AED 1,752 per sqft
1 Jun 2022RentedNew contract
AED 49,000/yr12 months · AED 97 per sqft
30 May 2021RentedNew contract
AED 48,000/yr12 months · AED 96 per sqft
30 May 2020RentedNew contract
AED 48,000/yr12 months · AED 95 per sqft
19 Mar 2020SoldReady
AED 620,000AED 1,234 per sqft
12 Dec 2016Sold by developerOff-plan
AED 742,000AED 1,477 per sqft

Source: Dubai Land Department. Updated 7 February 2023.

Key facts

Type
Studio apartment
Size
502 sqft
Floor
15th of 31
Parking
G-030
Developer
Select Global Development
Completed
2019
Service charge
AED 8,100 /yr
Last sold
AED 880K · February 2023
Building
Studio One

About 1502, Studio One

1502 is a studio of 502 sqft on the 15th floor of Studio One, a 31-storey tower in Dubai Marina completed in 2019 by Select Global Development. It last sold on 7 February 2023 for AED 880,000, or AED 1,752 per sqft, 7% below the AED 1,884 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 1 June 2022, is AED 49,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 8,100 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical studio in Studio One
500K1M2016201920222025Typical sale price by year: 2016 AED 586,500; 2017 AED 632,000; 2018 AED 615,000; 2019 AED 600,000; 2020 AED 550,000; 2021 AED 590,000; 2022 AED 750,000; 2023 AED 862,500; 2024 AED 925,000; 2025 AED 1,056,000; 2026 AED 1,150,000Sold by developer, December 2016: AED 742,000 (AED 1,477 per sqft)Sold, March 2020: AED 620,000 (AED 1,234 per sqft)Sold, February 2023: AED 880,000 (AED 1,752 per sqft)

1502 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1502, each contractTypical studio in Studio One
40K60K20192021202320252027Typical rent by year: 2019 AED 48,500; 2020 AED 43,000; 2021 AED 41,000; 2022 AED 48,825; 2023 AED 60,000; 2024 AED 72,000; 2025 AED 72,000; 2026 AED 65,000New contract, May 2020: AED 48,000 a yearNew contract, May 2021: AED 48,000 a yearNew contract, June 2022: AED 49,000 a year

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

Studios in Studio One, and where 1502 sits

All 160 studios →

1502 last sold in February 2023 at AED 1,752 per sqft, 7% below what studios in Studio One were fetching at the time (AED 1,884). Over the last 12 months studios sold for AED 106,063 to 1,400,000, around AED 3,133 per sqft, and rent for AED 48,000 to 169,091 a year. 1502's AED 49,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Jul 202638,349
1 Jun 20261,310,000
6 Mar 20261,350,000
6 Mar 20261,400,000
11 studio sales in the last 12 months

Studio One

Building

405 apartments, studios to 2-bed over 31 floors in Dubai Marina, completed in 2019 by Select Global Development. 33 sold in the last 12 months.

Typical price per sqft
AED 2,198 Down 8.3%
Typical sale
AED 1.4M
Typical rent
AED 80K /yr
Typical yield
6.5%
Studio One, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 405 units in Studio One
Value
15011-bedAED 1.3M · Oct 2025
15031-bedAED 1.69M · Nov 2024
1504StudioAED 1.06M · Aug 2025
1505StudioAED 631K · Feb 2017
15061-bedAED 1.13M · Oct 2021
15072-bedAED 1.56M · Mar 2023
15082-bedAED 1.37M · Jul 2017
1–7 of 13

1502, Studio One in numbers

  • Sold 3 times: first on 12 December 2016 for AED 742,000, last on 7 February 2023 for AED 880,000 (AED 1,752 per sqft).
  • Rented since May 2020 on 3 Ejari contracts, from AED 48,000 to AED 49,000 a year.
  • At AED 49,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 8,100 a year (AED 16.08 per sqft).
  • Studios in Studio One sold for AED 106,063–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,198 per sqft.

Source: Dubai Land Department. Updated 7 February 2023.

Questions about 1502, Studio One

What did unit 1502 last sell for?

AED 880,000 on 7 February 2023: AED 1,752 per sqft for 502 sqft. The unit has 3 registered sales; the first was AED 742,000 in December 2016.

What is the rent for unit 1502?

AED 49,000 a year on the contract signed on 1 June 2022. The previous contract, from May 2021, was AED 48,000; the unit has been rented since May 2020.

How big is unit 1502?

502 sqft (46.6 sqm): a studio on the 15th floor of a 31-storey tower completed in 2019.

What is unit 1502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Studio One sold for AED 106,063 to 1,400,000 in the last 12 months, around AED 3,133 per sqft.

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Mortgage on 1502, Studio One

Starts from the last sale price (AED 880K, 7 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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