1501, West Avenue Residential Tower
Sold prices and rental history: sold 4 times, last in January 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1501, West Avenue Residential Tower
What is 1501 worth today?
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Source: Dubai Land Department. Updated 15 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 789 sqft
- Floor
- 15th of 34
- Parking
- B2-88
- Developer
- West Avenue
- Completed
- 2014
- Service charge
- AED 15,600 /yr
- Last sold
- AED 1.35M · January 2024
- Building
- West Avenue Residential Tower
About 1501, West Avenue Residential Tower
1501 is a one-bedroom apartment of 789 sqft on the 15th floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 15 January 2024 for AED 1,350,000, or AED 1,711 per sqft, 3% below the AED 1,767 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 20 May 2023, is AED 73,500 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 15,600 a year.
Sales and rents for 1501 over time
1501 has sold 4 times; 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 West Avenue Residential Tower, and where 1501 sits
All 150 1-beds →1501 last sold in January 2024 at AED 1,711 per sqft, 3% below what one-beds in West Avenue Residential Tower were fetching at the time (AED 1,767). Over the last 12 months one-beds sold for AED 1,226,899 to 1,650,000, around AED 2,022 per sqft, and rent for AED 60,000 to 137,000 a year. 1501's AED 73,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 713 sqft | 1,300,000 | 1,823 | ||
| 25 Sep 202625 September 2026 | 722 sqft | 1,226,899 | 1,698 | ||
| 24 Sep 202624 September 2026 | 721 sqft | 1,600,000 | 2,219 | ||
| 27 Jul 202627 July 2026 | 720 sqft | 10,437 | 14 |
West Avenue Residential Tower
Building271 apartments, studios to 4-bed over 34 floors in Dubai Marina, completed in 2014 by West Avenue. 17 sold in the last 12 months.
- Typical price per sqft
- AED 2,063 Up 9.1%
- Typical sale
- AED 1.45M
- Typical rent
- AED 90K /yr
- Typical yield
- 5.8%
Other units on the 15th floor
All 271 units in West Avenue Residential Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1502 | 1-bed | 713 sqft | AED 1.04MAED 1,040,528 · Dec 2014December 2014 | 90,000 /yr | |
| 1503 | 1-bed | 721 sqft | AED 1.3MAED 1,300,000 · May 2023May 2023 | 85,000 /yr | |
| 1504 | 2-bed | 1,258 sqft | AED 1.85MAED 1,850,000 · Dec 2018December 2018 | 105,000 /yr | |
| 1505 | 2-bed | 1,331 sqft | AED 2.09MAED 2,091,495 · Dec 2014December 2014 | 80,000 /yr | |
| 1506 | 1-bed | 722 sqft | AED 1.04MAED 1,041,291 · Dec 2014December 2014 | 87,000 /yr | |
| 1507 | 1-bed | 700 sqft | AED 1.26MAED 1,260,000 · Jan 2023January 2023 | 75,000 /yr | |
| 1508 | 2-bed | 1,237 sqft | AED 1.75MAED 1,750,000 · Jun 2017June 2017 | 152,500 /yr | |
| 1509 | Studio | 443 sqft | AED 676KAED 676,060 · Dec 2014December 2014 | 55,000 /yr |
1501, West Avenue Residential Tower in numbers
- Sold 4 times: first on 20 March 2013 for AED 1,136,720, last on 15 January 2024 for AED 1,350,000 (AED 1,711 per sqft).
- Rented since May 2021 on 3 Ejari contracts, from AED 70,000 to AED 73,500 a year.
- At AED 73,500 a year the gross yield on the 2024 price is 5.4%, before a service charge of about AED 15,600 a year (AED 19.72 per sqft).
- One-beds in West Avenue Residential Tower sold for AED 1,226,899–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 2,063 per sqft.
Source: Dubai Land Department. Updated 15 January 2024.
Questions about 1501, West Avenue Residential Tower
What did unit 1501 last sell for?
AED 1,350,000 on 15 January 2024: AED 1,711 per sqft for 789 sqft. The unit has 4 registered sales; the first was AED 1,136,720 in March 2013.
What is the rent for unit 1501?
AED 73,500 a year on the contract renewed on 20 May 2023. The previous contract, from May 2022, was AED 73,500; the unit has been rented since May 2021.
How big is unit 1501?
789 sqft (73.3 sqm): a one-bedroom apartment on the 15th floor of a 34-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. One-beds in West Avenue Residential Tower sold for AED 1,226,899 to 1,650,000 in the last 12 months, around AED 2,022 per sqft.
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Mortgage on 1501, West Avenue Residential Tower
Starts from the last sale price (AED 1.35M, 15 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →