1-bed · 713 sqftWest Avenue Residential Tower, Dubai Marina · 15th floor · completed 2014

1502, West Avenue Residential Tower

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1502 · DLD and Ejari recordsUpdated 1 September 2027
Last soldAED 1.04M9 December 2014
Current rentAED 90K /yr1 September 2027
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, West Avenue Residential Tower

What is 1502 worth today?

Last sold for AED 1,040,528 in 2014

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1 Sep 2027RentedRenewal
AED 90,000/yr12 months · AED 126 per sqft
1 Sep 2026RentedRenewal
AED 90,000/yr12 months · AED 126 per sqft
1 Sep 2025RentedNew contract
AED 90,000/yr12 months · AED 126 per sqft
15 Aug 2024RentedNew contract
AED 95,000/yr12 months · AED 134 per sqft
1 Aug 2023RentedNew contract
AED 100,000/yr12 months · AED 141 per sqft
25 Jun 2022RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
1 Sep 2021RentedNew contract
AED 65,000/yr12 months · AED 91 per sqft
27 Aug 2020RentedNew contract
AED 60,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 1 September 2027.

Key facts

Type
1-bed apartment
Size
713 sqft
Floor
15th of 34
Parking
B2-89
Developer
West Avenue
Completed
2014
Service charge
AED 14,100 /yr
Last sold
AED 1.04M · December 2014

About 1502, West Avenue Residential Tower

1502 is a one-bedroom apartment of 713 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 9 December 2014 for AED 1,040,528, or AED 1,459 per sqft, 9% below the AED 1,611 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 September 2027, is AED 90,000 a year: a gross yield of 8.6% on the 2014 price, before the service charge of about AED 14,100 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, each saleTypical one-bed in West Avenue Residential Tower
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,139,824; 2014 AED 1,185,817; 2015 AED 1,585,375; 2016 AED 1,315,000; 2017 AED 1,525,000; 2018 AED 1,210,000; 2019 AED 1,037,500; 2020 AED 942,500; 2021 AED 1,012,500; 2022 AED 1,172,500; 2023 AED 1,265,000; 2024 AED 1,400,000; 2025 AED 1,420,000; 2026 AED 1,450,000Sold by developer, February 2013: AED 1,040,528 (AED 1,459 per sqft)Sold, December 2014: AED 1,040,528 (AED 1,459 per sqft)

1502 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1502, each contractTypical one-bed in West Avenue Residential Tower
75K100K2014201820222026Typical rent by year: 2014 AED 107,500; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 103,500; 2018 AED 95,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 68,000; 2022 AED 75,000; 2023 AED 84,000; 2024 AED 97,000; 2025 AED 97,000; 2026 AED 85,000New contract, May 2015: AED 115,000 a yearNew contract, August 2020: AED 60,000 a yearNew contract, September 2021: AED 65,000 a yearNew contract, June 2022: AED 80,000 a yearNew contract, August 2023: AED 100,000 a yearNew contract, August 2024: AED 95,000 a yearNew contract, September 2025: AED 90,000 a yearRenewal, September 2026: AED 90,000 a yearRenewal, September 2027: AED 90,000 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 West Avenue Residential Tower, and where 1502 sits

All 150 1-beds →

1502 last sold in December 2014 at AED 1,459 per sqft, 9% below what one-beds in West Avenue Residential Tower were fetching at the time (AED 1,611). 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. 1502's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 20261,300,000
25 Sep 20261,226,899
24 Sep 20261,600,000
27 Jul 202610,437
10 1-bed sales in the last 12 months

West Avenue Residential Tower

Building

271 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%
West Avenue Residential Tower, Dubai Marina: prices, sales and rents →
Value
15011-bedAED 1.35M · Jan 2024
15031-bedAED 1.3M · May 2023
15042-bedAED 1.85M · Dec 2018
15052-bedAED 2.09M · Dec 2014
15061-bedAED 1.04M · Dec 2014
15071-bedAED 1.26M · Jan 2023
15082-bedAED 1.75M · Jun 2017
1–7 of 8

1502, West Avenue Residential Tower in numbers

  • Sold twice: first on 12 February 2013 for AED 1,040,528, last on 9 December 2014 for AED 1,040,528 (AED 1,459 per sqft).
  • Rented since May 2015 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 60,000 in 2020 and recovered to AED 90,000 by September 2027.
  • At AED 90,000 a year the gross yield on the 2014 price is 8.6%, before a service charge of about AED 14,100 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 1 September 2027.

Questions about 1502, West Avenue Residential Tower

What did unit 1502 last sell for?

AED 1,040,528 on 9 December 2014: AED 1,459 per sqft for 713 sqft. The unit has 2 registered sales; the first was AED 1,040,528 in February 2013.

What is the rent for unit 1502?

AED 90,000 a year on the contract renewed on 1 September 2027. The previous contract, from September 2026, was AED 90,000; the unit has been rented since May 2015.

How big is unit 1502?

713 sqft (66.2 sqm): a one-bedroom apartment on the 15th floor of a 34-storey tower completed in 2014.

What is unit 1502 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 1502, West Avenue Residential Tower

Starts from the last sale price (AED 1.04M, 9 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,528
Deposit, UAE resident (20%)
AED 208,106
Deposit, non-resident (40%)
AED 416,211
Monthly over 25 years at 3.7%
AED 4,257

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