1-bed · 590 sqftStudio One, Dubai Marina · 5th floor · completed 2019

514, Studio One

Sold prices and rental history: sold twice, last in May 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 29 May 2023
Last soldAED 1M29 May 2023
Current rentAED 65K /yr15 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Studio One

What is 514 worth today?

Last sold for AED 1,000,000 in 2023

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29 May 2023SoldReady
AED 1,000,000AED 1,694 per sqft
15 Dec 2021RentedNew contract
AED 65,000/yr12 months · AED 110 per sqft
26 Nov 2020RentedRenewal
AED 57,500/yr12 months · AED 97 per sqft
26 Nov 2019RentedNew contract
AED 65,000/yr12 months · AED 110 per sqft
29 Jan 2018Sold by developerOff-plan
AED 948,640AED 1,607 per sqft

Source: Dubai Land Department. Updated 29 May 2023.

Key facts

Type
1-bed apartment
Size
590 sqft
Floor
5th of 31
Parking
B2-120
Developer
Select Global Development
Completed
2019
Service charge
AED 9,500 /yr
Last sold
AED 1M · May 2023
Building
Studio One

About 514, Studio One

514 is a one-bedroom apartment of 590 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 29 May 2023 for AED 1,000,000, or AED 1,694 per sqft, in line with the AED 1,744 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 15 December 2021, is AED 65,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 9,500 a year.

Sales and rents for 514 over time

Sales
Unit 514, 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, January 2018: AED 948,640 (AED 1,607 per sqft)Sold, May 2023: AED 1,000,000 (AED 1,694 per sqft)

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

Rents
Unit 514, each contractTypical one-bed in Studio One
50K75K100K20192021202320252027Typical 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, November 2019: AED 65,000 a yearRenewal, November 2020: AED 57,500 a yearNew contract, December 2021: AED 65,000 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 514 sits

All 160 1-beds →

514 last sold in May 2023 at AED 1,694 per sqft, in line with what one-beds in Studio One were fetching at the time (AED 1,744). 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. 514's AED 65,000 is in the lower 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 5th floor

All 405 units in Studio One
Value
5011-bedAED 949K · Dec 2017
502StudioAED 744K · Jan 2017
5031-bedAED 1.65M · Jun 2025
504StudioAED 582K · Jan 2017
505StudioAED 925K · Dec 2024
5061-bedAED 1.27M · Jul 2022
5072-bedAED 1.7M · Jun 2026
1–7 of 13

514, Studio One in numbers

  • Sold twice: first on 29 January 2018 for AED 948,640, last on 29 May 2023 for AED 1,000,000 (AED 1,694 per sqft).
  • Rented since November 2019 on 3 Ejari contracts. The rent fell from AED 65,000 to AED 57,500 in 2020 and recovered to AED 65,000 by December 2021.
  • At AED 65,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 9,500 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 29 May 2023.

Questions about 514, Studio One

What did unit 514 last sell for?

AED 1,000,000 on 29 May 2023: AED 1,694 per sqft for 590 sqft. The unit has 2 registered sales; the first was AED 948,640 in January 2018.

What is the rent for unit 514?

AED 65,000 a year on the contract signed on 15 December 2021. The previous contract, from November 2020, was AED 57,500; the unit has been rented since November 2019.

How big is unit 514?

590 sqft (54.8 sqm): a one-bedroom apartment on the 5th floor of a 31-storey tower completed in 2019.

What is unit 514 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 514, Studio One

Starts from the last sale price (AED 1M, 29 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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