504, The Belvedere
Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, The Belvedere
What is 504 worth today?
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Source: Dubai Land Department. Updated 30 May 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,734 sqft
- Floor
- 5th of 6
- Parking
- 47 & 10 OP
- Developer
- ETA Star Property Developers
- Completed
- 2010
- Service charge
- AED 32,800 /yr
- Last sold
- AED 1.8M · July 2008
- Building
- The Belvedere
About 504, The Belvedere
504 is a three-bedroom apartment of 2,734 sqft on the 5th floor of The Belvedere, a 6-storey tower in Dubai Marina completed in 2010 by ETA Star Property Developers. The developer sold it on 8 July 2008 for AED 1,800,000, or AED 658 per sqft, 40% above the AED 471 three-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 30 May 2022, is AED 110,000 a year: a gross yield of 6.1% on the 2008 price, before the service charge of about AED 32,800 a year.
Sales and rents for 504 over time
504 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in The Belvedere, and where 504 sits
All 7 3-beds →504 last sold in July 2008 at AED 658 per sqft, 40% above what three-beds in The Belvedere were fetching at the time (AED 471). 504's AED 110,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Nov 20246 November 2024 | 2,734 sqft | 2,400,000 | 877 | ||
| 20 Oct 202020 October 2020 | 2,960 sqft | 1,550,000 | 523 | ||
| 17 Mar 202017 March 2020 | 2,960 sqft | 1,177,600 | 397 | ||
| 3 Oct 20133 October 2013 | 2,734 sqft | 1,161,965 | 425 |
The Belvedere
Building60 apartments, 1-bed to 3-bed over 6 floors in Dubai Marina, completed in 2010 by ETA Star Property Developers. 2 sold in the last 12 months.
- Typical price per sqft
- AED 987
- Typical sale
- AED 1.34M
- Typical rent
- AED 102K /yr
- Typical yield
- 7.7%
Other units on the 5th floor
All 60 units in The Belvedere| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 1,023 sqft | AED 1.07MAED 1,070,000 · Nov 2013November 2013 | 94,000 /yr | |
| 502 | 2-bed | 1,518 sqft | AED 1.15MAED 1,150,000 · Aug 2023August 2023 | 115,000 /yr | |
| 503 | 2-bed | 1,496 sqft | AED 1.3MAED 1,300,000 · Dec 2022December 2022 | ||
| 505 | 2-bed | 1,378 sqft | AED 1.38MAED 1,375,000 · Jan 2025January 2025 | 103,950 /yr | |
| 506 | 2-bed | 1,518 sqft | AED 700KAED 700,000 · Dec 2013December 2013 | 80,000 /yr | |
| 507 | 1-bed | 1,023 sqft | AED 655KAED 655,000 · Jul 2022July 2022 | 74,000 /yr | |
| 508 | 1-bed | 818 sqft | AED 303KAED 302,660 · Feb 2008February 2008 | 90,000 /yr | |
| 509 | 1-bed | 818 sqft | AED 1.13MAED 1,130,000 · Oct 2014October 2014 | 80,000 /yr |
504, The Belvedere in numbers
- Sold once: by ETA Star Property Developers on 8 July 2008 for AED 1,800,000, or AED 658 per sqft.
- Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 153,000 to AED 76,000 in 2020 and recovered to AED 110,000 by May 2022.
- At AED 110,000 a year the gross yield on the 2008 price is 6.1%, before a service charge of about AED 32,800 a year (AED 12.00 per sqft).
Source: Dubai Land Department. Updated 30 May 2022.
Questions about 504, The Belvedere
What did unit 504 last sell for?
AED 1,800,000 on 8 July 2008, sold by the developer: AED 658 per sqft for 2,734 sqft. It is the only registered sale of the unit.
What is the rent for unit 504?
AED 110,000 a year on the contract signed on 30 May 2022. The previous contract, from October 2020, was AED 76,000; the unit has been rented since December 2013.
How big is unit 504?
2,734 sqft (254.0 sqm): a three-bedroom apartment on the 5th floor of a 6-storey tower completed in 2010.
What is unit 504 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 504, The Belvedere
Starts from the last sale price (AED 1.8M, 8 July 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,800,000
- Deposit, UAE resident (20%)
- AED 360,000
- Deposit, non-resident (40%)
- AED 720,000
- Monthly over 25 years at 3.7%
- AED 7,364
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →