508, West Avenue Residential Tower
Sold prices and rental history: sold twice, last in November 2014, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, West Avenue Residential Tower
What is 508 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 23 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,237 sqft
- Floor
- 5th of 34
- Parking
- B1-12
- Developer
- West Avenue
- Completed
- 2014
- Service charge
- AED 24,400 /yr
- Last sold
- AED 1.67M · November 2014
- Building
- West Avenue Residential Tower
About 508, West Avenue Residential Tower
508 is a two-bedroom apartment of 1,237 sqft on the 5th floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 26 November 2014 for AED 1,666,143, or AED 1,346 per sqft, 15% below the AED 1,587 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 23 November 2023, is AED 135,000 a year: a gross yield of 8.1% on the 2014 price, before the service charge of about AED 24,400 a year.
Sales and rents for 508 over time
508 has sold twice; 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 508 sits
All 96 2-beds →508 last sold in November 2014 at AED 1,346 per sqft, 15% below what two-beds in West Avenue Residential Tower were fetching at the time (AED 1,587). 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. 508's AED 135,000 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 5th floor
All 271 units in West Avenue Residential Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 789 sqft | AED 1.54MAED 1,538,971 · Nov 2014November 2014 | 80,000 /yr | |
| 502 | 1-bed | 713 sqft | AED 1.4MAED 1,400,000 · Aug 2025August 2025 | 85,000 /yr | |
| 503 | 1-bed | 721 sqft | AED 1.35MAED 1,350,000 · Jun 2025June 2025 | 80,000 /yr | |
| 504 | 2-bed | 1,258 sqft | AED 1.63MAED 1,625,000 · May 2022May 2022 | 90,000 /yr | |
| 505 | 2-bed | 1,331 sqft | AED 2.05MAED 2,050,000 · Sep 2024September 2024 | 112,727 /yr | |
| 506 | 1-bed | 722 sqft | AED 1.24MAED 1,240,000 · Jan 2023January 2023 | 105,000 /yr | |
| 507 | 1-bed | 700 sqft | AED 1.34MAED 1,340,000 · Oct 2024October 2024 | 103,000 /yr | |
| 509 | Studio | 443 sqft | AED 1.12MAED 1,120,000 · Aug 2026August 2026 | 78,000 /yr |
508, West Avenue Residential Tower in numbers
- Sold twice: first on 9 June 2013 for AED 1,666,143, last on 26 November 2014 for AED 1,666,143 (AED 1,346 per sqft).
- Rented since July 2020 on 3 Ejari contracts, from AED 78,000 to AED 135,000 a year.
- At AED 135,000 a year the gross yield on the 2014 price is 8.1%, 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 23 November 2023.
Questions about 508, West Avenue Residential Tower
What did unit 508 last sell for?
AED 1,666,143 on 26 November 2014: AED 1,346 per sqft for 1,237 sqft. The unit has 2 registered sales; the first was AED 1,666,143 in June 2013.
What is the rent for unit 508?
AED 135,000 a year on the contract signed on 23 November 2023. The previous contract, from July 2021, was AED 85,000; the unit has been rented since July 2020.
How big is unit 508?
1,237 sqft (114.9 sqm): a two-bedroom apartment on the 5th floor of a 34-storey tower completed in 2014.
What is unit 508 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 508? 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 508, West Avenue Residential Tower
Starts from the last sale price (AED 1.67M, 26 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,666,143
- Deposit, UAE resident (20%)
- AED 333,229
- Deposit, non-resident (40%)
- AED 666,457
- Monthly over 25 years at 3.7%
- AED 6,817
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →