1508, West Avenue Residential Tower
Sold prices and rental history: sold 3 times, last in June 2017, and rented once, from September 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, West Avenue Residential Tower
What is 1508 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 September 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 1,237 sqft
- Floor
- 15th of 34
- Parking
- B1-42
- Developer
- West Avenue
- Completed
- 2014
- Service charge
- AED 24,400 /yr
- Last sold
- AED 1.75M · June 2017
- Building
- West Avenue Residential Tower
About 1508, West Avenue Residential Tower
1508 is a two-bedroom apartment of 1,237 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 4 June 2017 for AED 1,750,000, or AED 1,414 per sqft, 21% below the AED 1,801 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 5 September 2017. The current contract, signed on 5 September 2017, is AED 152,500 a year: a gross yield of 8.7% on the 2017 price, before the service charge of about AED 24,400 a year.
Sales and rents for 1508 over time
1508 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in West Avenue Residential Tower, and where 1508 sits
All 96 2-beds →1508 last sold in June 2017 at AED 1,414 per sqft, 21% below what two-beds in West Avenue Residential Tower were fetching at the time (AED 1,801). Over the last 12 months two-beds sold for AED 2,750,000, around AED 2,063 per sqft, and rent for AED 50,000 to 195,000 a year. 1508's AED 152,500 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Aug 20265 August 2026 | 1,237 sqft | 39,104 | 31 | ||
| 5 Aug 20265 August 2026 | 1,237 sqft | 29,858 | 24 | ||
| 15 Jan 202615 January 2026 | 1,333 sqft | 2,750,000 | 2,063 | ||
| 8 Jan 20268 January 2026 | 1,237 sqft | 82,903 | 67 |
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 | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 789 sqft | AED 1.35MAED 1,350,000 · Jan 2024January 2024 | 73,500 /yr | |
| 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 | |
| 1509 | Studio | 443 sqft | AED 676KAED 676,060 · Dec 2014December 2014 | 55,000 /yr |
1508, West Avenue Residential Tower in numbers
- Sold 3 times: first on 12 February 2013 for AED 1,647,463, last on 4 June 2017 for AED 1,750,000 (AED 1,414 per sqft).
- Rented since September 2017 on one Ejari contract, at AED 152,500 a year.
- At AED 152,500 a year the gross yield on the 2017 price is 8.7%, before a service charge of about AED 24,400 a year (AED 19.72 per sqft).
- Two-beds in West Avenue Residential Tower sold for AED 2,750,000–2,750,000 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 5 September 2017.
Questions about 1508, West Avenue Residential Tower
What did unit 1508 last sell for?
AED 1,750,000 on 4 June 2017: AED 1,414 per sqft for 1,237 sqft. The unit has 3 registered sales; the first was AED 1,647,463 in February 2013.
What is the rent for unit 1508?
AED 152,500 a year on the contract signed on 5 September 2017.
How big is unit 1508?
1,237 sqft (114.9 sqm): a two-bedroom apartment on the 15th floor of a 34-storey tower completed in 2014.
What is unit 1508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in West Avenue Residential Tower sold for AED 2,750,000 to 2,750,000 in the last 12 months, around AED 2,063 per sqft.
Selling 1508? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1508, West Avenue Residential Tower
Starts from the last sale price (AED 1.75M, 4 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →