1-bed · 721 sqftStudio One, Dubai Marina · 15th floor · completed 2019

1506, Studio One

Sold prices and rental history: sold twice, last in October 2021, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 16 March 2023
Last soldAED 1.13M3 October 2021
Current rentAED 110K /yr16 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Studio One

What is 1506 worth today?

Last sold for AED 1,130,000 in 2021

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16 Mar 2023RentedNew contract
AED 110,000/yr12 months · AED 153 per sqft
3 Oct 2021SoldReady
AED 1,130,000AED 1,567 per sqft
1 Oct 2020RentedNew contract
AED 70,000/yr13 months · AED 97 per sqft
2 Feb 2017Sold by developerOff-plan
AED 1,247,000AED 1,729 per sqft

Source: Dubai Land Department. Updated 16 March 2023.

Key facts

Type
1-bed apartment
Size
721 sqft
Floor
15th of 31
Parking
B2-143
Developer
Select Global Development
Completed
2019
Service charge
AED 11,600 /yr
Last sold
AED 1.13M · October 2021
Building
Studio One

About 1506, Studio One

1506 is a one-bedroom apartment of 721 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 3 October 2021 for AED 1,130,000, or AED 1,567 per sqft, 13% above the AED 1,387 one-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 16 March 2023, is AED 110,000 a year: a gross yield of 9.7% on the 2021 price, before the service charge of about AED 11,600 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical one-bed in Studio One
1M1.25M2016201920222025Typical sale price by year: 2016 AED 961,000; 2017 AED 1,107,000; 2018 AED 1,025,770; 2019 AED 1,098,500; 2020 AED 955,000; 2021 AED 939,480; 2022 AED 1,180,000; 2023 AED 1,275,000; 2024 AED 1,400,000; 2025 AED 1,375,000; 2026 AED 1,350,000Sold by developer, February 2017: AED 1,247,000 (AED 1,729 per sqft)Sold, October 2021: AED 1,130,000 (AED 1,567 per sqft)

1506 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1506, each contractTypical one-bed in Studio One
75K100K20192021202320252027Typical rent by year: 2019 AED 70,000; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 83,750; 2024 AED 95,000; 2025 AED 103,400; 2026 AED 85,000New contract, October 2020: AED 70,000 a yearNew contract, March 2023: AED 110,000 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 Studio One, and where 1506 sits

All 160 1-beds →

1506 last sold in October 2021 at AED 1,567 per sqft, 13% above what one-beds in Studio One were fetching at the time (AED 1,387). Over the last 12 months one-beds sold for AED 1,070,000 to 1,840,000, around AED 2,131 per sqft, and rent for AED 55,000 to 120,000 a year. 1506's AED 110,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,180,000
27 Oct 20261,530,000
19 Oct 20261,275,000
27 Aug 20261,300,000
13 1-bed 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
1502StudioAED 880K · Feb 2023
15031-bedAED 1.69M · Nov 2024
1504StudioAED 1.06M · Aug 2025
1505StudioAED 631K · Feb 2017
15072-bedAED 1.56M · Mar 2023
15082-bedAED 1.37M · Jul 2017
1–7 of 13

1506, Studio One in numbers

  • Sold twice: first on 2 February 2017 for AED 1,247,000, last on 3 October 2021 for AED 1,130,000 (AED 1,567 per sqft).
  • Rented since October 2020 on 2 Ejari contracts, from AED 70,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 9.7%, before a service charge of about AED 11,600 a year (AED 16.08 per sqft).
  • One-beds in Studio One sold for AED 1,070,000–1,840,000 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 16 March 2023.

Questions about 1506, Studio One

What did unit 1506 last sell for?

AED 1,130,000 on 3 October 2021: AED 1,567 per sqft for 721 sqft. The unit has 2 registered sales; the first was AED 1,247,000 in February 2017.

What is the rent for unit 1506?

AED 110,000 a year on the contract signed on 16 March 2023. The previous contract, from October 2020, was AED 70,000.

How big is unit 1506?

721 sqft (67.0 sqm): a one-bedroom apartment on the 15th floor of a 31-storey tower completed in 2019.

What is unit 1506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Studio One sold for AED 1,070,000 to 1,840,000 in the last 12 months, around AED 2,131 per sqft.

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Mortgage on 1506, Studio One

Starts from the last sale price (AED 1.13M, 3 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,130,000
Deposit, UAE resident (20%)
AED 226,000
Deposit, non-resident (40%)
AED 452,000
Monthly over 25 years at 3.7%
AED 4,623

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