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2-bed · 1,518 sqftThe Belvedere, Dubai Marina · 5th floor · completed 2010

506, The Belvedere

Sold prices and rental history: sold twice, last in December 2013, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 20 October 2015
Last soldAED 700K29 December 2013
Current rentAED 80K /yr20 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, The Belvedere

What is 506 worth today?

Last sold for AED 700,000 in 2013

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20 Oct 2015RentedNew contract
AED 80,000/yr12 months · AED 53 per sqft
20 Feb 2014RentedNew contract
AED 50,000/yr12 months · AED 33 per sqft
29 Dec 2013SoldReady
AED 700,000AED 461 per sqft
16 Jan 2008Sold by developerReady
AED 1,001,880AED 659 per sqft

Source: Dubai Land Department. Updated 20 October 2015.

Key facts

Type
2-bed apartment
Size
1,518 sqft
Floor
5th of 6
Parking
26
Developer
ETA Star Property Developers
Completed
2010
Service charge
AED 18,200 /yr
Last sold
AED 700K · December 2013
Building
The Belvedere

About 506, The Belvedere

506 is a two-bedroom apartment of 1,518 sqft on the 5th floor of The Belvedere, a 6-storey tower in Dubai Marina completed in 2010 by ETA Star Property Developers. It last sold on 29 December 2013 for AED 700,000, or AED 461 per sqft, 44% below the AED 826 two-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 20 October 2015, is AED 80,000 a year: a gross yield of 11.4% on the 2013 price, before the service charge of about AED 18,200 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in The Belvedere
1M1.5M2007201220172022Typical sale price by year: 2007 AED 956,159; 2008 AED 921,875; 2009 AED 749,850; 2012 AED 850,080; 2013 AED 1,121,000; 2014 AED 1,671,800; 2015 AED 1,500,000; 2021 AED 824,000; 2022 AED 952,500; 2024 AED 1,450,000; 2025 AED 1,402,500Sold by developer, January 2008: AED 1,001,880 (AED 659 per sqft)Sold, December 2013: AED 700,000 (AED 461 per sqft)

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

Rents
Unit 506, each contractTypical two-bed in The Belvedere
50K100K2013201720212025Typical rent by year: 2013 AED 85,500; 2014 AED 114,625; 2015 AED 125,000; 2016 AED 125,508; 2017 AED 105,135; 2018 AED 90,000; 2019 AED 80,000; 2020 AED 72,000; 2021 AED 60,500; 2022 AED 80,000; 2023 AED 90,000; 2024 AED 105,800; 2025 AED 113,000; 2026 AED 105,000New contract, February 2014: AED 50,000 a yearNew contract, October 2015: AED 80,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in The Belvedere, and where 506 sits

All 28 2-beds →

506 last sold in December 2013 at AED 461 per sqft, 44% below what two-beds in The Belvedere were fetching at the time (AED 826). Over the last 12 months two-beds sold for AED 1,430,000, around AED 955 per sqft, and rent for AED 90,000 to 280,000 a year. 506's AED 80,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Nov 20251,430,000
13 May 20251,670,000
27 Jan 20251,375,000
27 Jan 20251,300,000
1 2-bed sale in the last 12 months

The Belvedere

Building

60 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%
The Belvedere, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 60 units in The Belvedere
Value
5011-bedAED 1.07M · Nov 2013
5022-bedAED 1.15M · Aug 2023
5032-bedAED 1.3M · Dec 2022
5043-bedAED 1.8M · Jul 2008
5052-bedAED 1.38M · Jan 2025
5071-bedAED 655K · Jul 2022
5081-bedAED 303K · Feb 2008
1–7 of 8

506, The Belvedere in numbers

  • Sold twice: first on 16 January 2008 for AED 1,001,880, last on 29 December 2013 for AED 700,000 (AED 461 per sqft).
  • Rented since February 2014 on 2 Ejari contracts, from AED 50,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2013 price is 11.4%, before a service charge of about AED 18,200 a year (AED 12.00 per sqft).
  • Two-beds in The Belvedere sold for AED 1,430,000–1,430,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.

Source: Dubai Land Department. Updated 20 October 2015.

Questions about 506, The Belvedere

What did unit 506 last sell for?

AED 700,000 on 29 December 2013: AED 461 per sqft for 1,518 sqft. The unit has 2 registered sales; the first was AED 1,001,880 in January 2008.

What is the rent for unit 506?

AED 80,000 a year on the contract signed on 20 October 2015. The previous contract, from February 2014, was AED 50,000.

How big is unit 506?

1,518 sqft (141.0 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2010.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Belvedere sold for AED 1,430,000 to 1,430,000 in the last 12 months, around AED 955 per sqft.

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Mortgage on 506, The Belvedere

Starts from the last sale price (AED 700K, 29 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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