Studio · 443 sqftWest Avenue Residential Tower, Dubai Marina · 15th floor · completed 2014

1509, West Avenue Residential Tower

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 20 April 2026
Last soldAED 676K9 December 2014
Current rentAED 55K /yr20 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, West Avenue Residential Tower

What is 1509 worth today?

Last sold for AED 676,060 in 2014

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20 Apr 2026RentedNew contract
AED 55,000/yr12 months · AED 125 per sqft
1 Apr 2024RentedNew contract
AED 75,000/yr12 months · AED 170 per sqft
2 Mar 2022RentedNew contract
AED 60,000/yr12 months · AED 136 per sqft
14 Jul 2021RentedRenewal
AED 80,000/yr6 months · AED 181 per sqft
14 Jul 2020RentedNew contract
AED 80,000/yr12 months · AED 181 per sqft
14 Jul 2019RentedRenewal
AED 90,000/yr12 months · AED 204 per sqft
14 Jul 2018RentedRenewal
AED 90,000/yr12 months · AED 204 per sqft
14 Jul 2017RentedNew contract
AED 90,000/yr12 months · AED 204 per sqft

Source: Dubai Land Department. Updated 20 April 2026.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
15th of 34
Parking
B2-93
Developer
West Avenue
Completed
2014
Service charge
AED 8,700 /yr
Last sold
AED 676K · December 2014

About 1509, West Avenue Residential Tower

1509 is a studio of 443 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 676,060, or AED 1,526 per sqft, in line with the AED 1,560 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 20 April 2026, is AED 55,000 a year: a gross yield of 8.1% on the 2014 price, before the service charge of about AED 8,700 a year.

Sales and rents for 1509 over time

Sales
Unit 1509, each saleTypical studio in West Avenue Residential Tower
600K800K1M20132016201920222025Typical sale price by year: 2013 AED 689,449; 2014 AED 691,215; 2015 AED 1,100,000; 2024 AED 1,050,000Sold by developer, March 2013: AED 676,060 (AED 1,526 per sqft)Sold, December 2014: AED 676,060 (AED 1,526 per sqft)

1509 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1509, each contractTypical studio in West Avenue Residential Tower
60K80K20152018202120242027Typical rent by year: 2015 AED 83,000; 2017 AED 90,000; 2018 AED 79,000; 2019 AED 68,000; 2020 AED 55,000; 2021 AED 60,000; 2022 AED 60,000; 2023 AED 74,000; 2024 AED 75,000; 2025 AED 76,000; 2026 AED 69,000New contract, July 2017: AED 90,000 a yearRenewal, July 2018: AED 90,000 a yearRenewal, July 2019: AED 90,000 a yearNew contract, July 2020: AED 80,000 a yearRenewal, July 2021: AED 80,000 a yearNew contract, March 2022: AED 60,000 a yearNew contract, April 2024: AED 75,000 a yearNew contract, April 2026: AED 55,000 a year

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

Studios in West Avenue Residential Tower, and where 1509 sits

All 21 studios →

1509 last sold in December 2014 at AED 1,526 per sqft, in line with what studios in West Avenue Residential Tower were fetching at the time (AED 1,560). Over the last 12 months studios sold for AED 1,100,000 to 1,120,000, around AED 2,506 per sqft, and rent for AED 50,000 to 120,000 a year. 1509's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Aug 20261,120,000
24 Nov 20251,100,000
29 Aug 20251,147,000
25 Nov 20241,000,000
2 studio 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. 18 sold in the last 12 months.

Typical price per sqft
AED 2,048 Up 8.3%
Typical sale
AED 1.42M
Typical rent
AED 90K /yr
Typical yield
5.9%
West Avenue Residential Tower, Dubai Marina: prices, sales and rents →
Value
15011-bedAED 1.35M · Jan 2024
15021-bedAED 1.04M · Dec 2014
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
1–7 of 8

1509, West Avenue Residential Tower in numbers

  • Sold twice: first on 17 March 2013 for AED 676,060, last on 9 December 2014 for AED 676,060 (AED 1,526 per sqft).
  • Rented since July 2017 on 8 Ejari contracts, from AED 90,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2014 price is 8.1%, before a service charge of about AED 8,700 a year (AED 19.72 per sqft).
  • Studios in West Avenue Residential Tower sold for AED 1,100,000–1,120,000 in the 12 months to November 2026; the building's median across all types is AED 2,048 per sqft.

Source: Dubai Land Department. Updated 20 April 2026.

Questions about 1509, West Avenue Residential Tower

What did unit 1509 last sell for?

AED 676,060 on 9 December 2014: AED 1,526 per sqft for 443 sqft. The unit has 2 registered sales; the first was AED 676,060 in March 2013.

What is the rent for unit 1509?

AED 55,000 a year on the contract signed on 20 April 2026. The previous contract, from April 2024, was AED 75,000; the unit has been rented since July 2017.

How big is unit 1509?

443 sqft (41.2 sqm): a studio on the 15th floor of a 34-storey tower completed in 2014.

What is unit 1509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in West Avenue Residential Tower sold for AED 1,100,000 to 1,120,000 in the last 12 months, around AED 2,506 per sqft.

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Mortgage on 1509, West Avenue Residential Tower

Starts from the last sale price (AED 676K, 9 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 676,060
Deposit, UAE resident (20%)
AED 135,212
Deposit, non-resident (40%)
AED 270,424
Monthly over 25 years at 3.7%
AED 2,766

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