1501, The Atlantic
Sold prices and rental history: sold twice, last in March 2021, and rented once, from April 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, The Atlantic
What is 1501 worth today?
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Source: Dubai Land Department. Updated 25 April 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 3,562 sqft
- Floor
- 15th of 17
- Parking
- P-32, P-33
- Developer
- Gulf Shores
- Completed
- 2014
- Service charge
- AED 61,900 /yr
- Last sold
- AED 3M · March 2021
- Building
- The Atlantic
About 1501, The Atlantic
1501 is a three-bedroom apartment of 3,562 sqft on the 15th floor of The Atlantic, a 17-storey tower in Dubai Marina completed in 2014 by Gulf Shores. It last sold on 24 March 2021 for AED 3,000,000, or AED 842 per sqft.
One Ejari contract is registered, from 25 April 2021. The current contract, signed on 25 April 2021, is AED 200,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 61,900 a year.
3-beds in The Atlantic, and where 1501 sits
All 6 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Apr 202214 April 2022 | 2,765 sqft | 3,200,000 | 1,157 | ||
| 6 Sep 20186 September 2018 | 2,724 sqft | 2,500,000 | 917 | ||
| 24 May 201724 May 2017 | 3,523 sqft | 3,650,000 | 1,036 | ||
| 30 Jun 201530 June 2015 | 2,810 sqft | 2,819,800 | 1,003 |
The Atlantic
Building80 apartments, 1-bed to 3-bed over 17 floors in Dubai Marina, completed in 2014 by Gulf Shores. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,797
- Typical sale
- AED 2.8M
- Typical rent
- AED 150K /yr
- Typical yield
- 5.3%
Other units on the 15th floor
All 80 units in The Atlantic| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 3-bed | 3,523 sqft | AED 3.65MAED 3,650,000 · May 2017May 2017 |
1501, The Atlantic in numbers
- Sold twice: first on 16 April 2019 for AED 2,900,000, last on 24 March 2021 for AED 3,000,000 (AED 842 per sqft).
- Rented since April 2021 on one Ejari contract, at AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2021 price is 6.7%, before a service charge of about AED 61,900 a year (AED 17.37 per sqft).
Source: Dubai Land Department. Updated 25 April 2021.
Questions about 1501, The Atlantic
What did unit 1501 last sell for?
AED 3,000,000 on 24 March 2021: AED 842 per sqft for 3,562 sqft. The unit has 2 registered sales; the first was AED 2,900,000 in April 2019.
What is the rent for unit 1501?
AED 200,000 a year on the contract signed on 25 April 2021.
How big is unit 1501?
3,562 sqft (330.9 sqm): a three-bedroom apartment on the 15th floor of a 17-storey tower completed in 2014.
What is unit 1501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1501, The Atlantic
Starts from the last sale price (AED 3M, 24 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →