
506, Studio One
Sold prices and rental history: sold twice, last in July 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Studio One
What is 506 worth today?
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Source: Dubai Land Department. Updated 15 July 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 721 sqft
- Floor
- 5th of 31
- Parking
- B2-156
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 11,600 /yr
- Last sold
- AED 1.27M · July 2022
- Building
- Studio One
About 506, Studio One
506 is a one-bedroom apartment of 721 sqft on the 5th floor of Studio One, a 31-storey tower in Dubai Marina completed in 2019 by Select Global Development. It last sold on 13 July 2022 for AED 1,270,000, or AED 1,761 per sqft, 23% above the AED 1,436 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 15 July 2023, is AED 100,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 11,600 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 160 1-beds →506 last sold in July 2022 at AED 1,761 per sqft, 23% above what one-beds in Studio One were fetching at the time (AED 1,436). 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. 506's AED 100,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 592 sqft | 1,180,000 | 1,993 | ||
| 27 Oct 202627 October 2026 | 718 sqft | 1,530,000 | 2,131 | ||
| 19 Oct 202619 October 2026 | 714 sqft | 1,275,000 | 1,785 | ||
| 27 Aug 202627 August 2026 | 591 sqft | 1,300,000 | 2,198 |
Studio One
Building405 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%
Other units on the 5th floor
All 405 units in Studio One| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 591 sqft | AED 949KAED 949,000 · Dec 2017December 2017 | 81,900 /yr | |
| 502 | Studio | 502 sqft | AED 744KAED 744,000 · Jan 2017January 2017 | ||
| 503 | 1-bed | 718 sqft | AED 1.65MAED 1,650,000 · Jun 2025June 2025 | 75,000 /yr | |
| 504 | Studio | 357 sqft | AED 582KAED 582,000 · Jan 2017January 2017 | 50,000 /yr | |
| 505 | Studio | 357 sqft | AED 925KAED 925,000 · Dec 2024December 2024 | 74,000 /yr | |
| 507 | 2-bed | 834 sqft | AED 1.7MAED 1,700,000 · Jun 2026June 2026 | 88,000 /yr | |
| 508 | 2-bed | 830 sqft | AED 1.8MAED 1,800,000 · Jan 2025January 2025 | 112,350 /yr | |
| 509 | 1-bed | 714 sqft | AED 1MAED 1,004,500 · Aug 2021August 2021 | 80,000 /yr | |
| 510 | Studio | 357 sqft | AED 850KAED 850,000 · Oct 2023October 2023 | 65,000 /yr | |
| 511 | Studio | 357 sqft | AED 620KAED 620,000 · Oct 2019October 2019 | ||
| 512 | 1-bed | 712 sqft | AED 900KAED 900,000 · Jul 2021July 2021 | ||
| 513 | Studio | 502 sqft | AED 600KAED 600,000 · Mar 2021March 2021 | 63,000 /yr | |
| 514 | 1-bed | 590 sqft | AED 1MAED 1,000,000 · May 2023May 2023 | 65,000 /yr |
506, Studio One in numbers
- Sold twice: first on 3 May 2021 for AED 1,019,872, last on 13 July 2022 for AED 1,270,000 (AED 1,761 per sqft).
- Rented since July 2022 on 2 Ejari contracts, from AED 84,000 to AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2022 price is 7.9%, 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 15 July 2023.
Questions about 506, Studio One
What did unit 506 last sell for?
AED 1,270,000 on 13 July 2022: AED 1,761 per sqft for 721 sqft. The unit has 2 registered sales; the first was AED 1,019,872 in May 2021.
What is the rent for unit 506?
AED 100,000 a year on the contract renewed on 15 July 2023. The previous contract, from July 2022, was AED 84,000.
How big is unit 506?
721 sqft (67.0 sqm): a one-bedroom apartment on the 5th floor of a 31-storey tower completed in 2019.
What is unit 506 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 506, Studio One
Starts from the last sale price (AED 1.27M, 13 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,270,000
- Deposit, UAE resident (20%)
- AED 254,000
- Deposit, non-resident (40%)
- AED 508,000
- Monthly over 25 years at 3.7%
- AED 5,196
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →