Studio · 443 sqftWest Avenue Residential Tower, Dubai Marina · 5th floor · completed 2014

509, West Avenue Residential Tower

Sold prices and rental history: sold 3 times, last in August 2026, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 27 August 2026
Last soldAED 1.12M27 August 2026
Current rentAED 78K /yr3 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, West Avenue Residential Tower

What is 509 worth today?

Last sold for AED 1,120,000 in 2026

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Aug 2026SoldReady
AED 1,120,000AED 2,528 per sqft
3 Mar 2026RentedNew contract
AED 78,000/yr12 months · AED 177 per sqft
16 Jan 2024RentedRenewal
AED 84,000/yr12 months · AED 190 per sqft
16 Jan 2023RentedNew contract
AED 80,000/yr12 months · AED 181 per sqft
26 Mar 2020RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
20 Sep 2017RentedNew contract
AED 105,000/yr12 months · AED 238 per sqft
26 Nov 2014SoldReady
AED 691,256AED 1,560 per sqft
11 Feb 2013Sold by developerOff-plan
AED 691,256AED 1,560 per sqft

Source: Dubai Land Department. Updated 27 August 2026.

Key facts

Type
Studio apartment
Size
443 sqft
Floor
5th of 34
Parking
B2-3
Developer
West Avenue
Completed
2014
Service charge
AED 8,700 /yr
Last sold
AED 1.12M · August 2026

About 509, West Avenue Residential Tower

509 is a studio of 443 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 27 August 2026 for AED 1,120,000, or AED 2,528 per sqft, in line with the AED 2,528 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 3 March 2026, is AED 78,000 a year: a gross yield of 7.0% on the 2026 price, before the service charge of about AED 8,700 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical studio in West Avenue Residential Tower
800K1M2013201720212025Typical sale price by year: 2013 AED 689,449; 2014 AED 691,215; 2015 AED 1,100,000; 2024 AED 1,050,000Sold by developer, February 2013: AED 691,256 (AED 1,560 per sqft)Sold, November 2014: AED 691,256 (AED 1,560 per sqft)Sold, August 2026: AED 1,120,000 (AED 2,528 per sqft)

509 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 509, each contractTypical studio in West Avenue Residential Tower
50K75K100K20152018202120242027Typical 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, September 2017: AED 105,000 a yearNew contract, March 2020: AED 50,000 a yearNew contract, January 2023: AED 80,000 a yearRenewal, January 2024: AED 84,000 a yearNew contract, March 2026: AED 78,000 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 509 sits

All 21 studios →

509 last sold in August 2026 at AED 2,528 per sqft, in line with what studios in West Avenue Residential Tower were fetching at the time (AED 2,528). 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. 509's AED 78,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Nov 20251,100,000
29 Aug 20251,147,000
25 Nov 20241,000,000
1 Nov 20241,050,000
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. 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
5011-bedAED 1.54M · Nov 2014
5021-bedAED 1.4M · Aug 2025
5031-bedAED 1.35M · Jun 2025
5042-bedAED 1.63M · May 2022
5052-bedAED 2.05M · Sep 2024
5061-bedAED 1.24M · Jan 2023
5071-bedAED 1.34M · Oct 2024
1–7 of 8

509, West Avenue Residential Tower in numbers

  • Sold 3 times: first on 11 February 2013 for AED 691,256, last on 27 August 2026 for AED 1,120,000 (AED 2,528 per sqft).
  • Rented since September 2017 on 5 Ejari contracts. The rent fell from AED 105,000 to AED 50,000 in 2020 and recovered to AED 78,000 by March 2026.
  • At AED 78,000 a year the gross yield on the 2026 price is 7.0%, 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 2,063 per sqft.

Source: Dubai Land Department. Updated 27 August 2026.

Questions about 509, West Avenue Residential Tower

What did unit 509 last sell for?

AED 1,120,000 on 27 August 2026: AED 2,528 per sqft for 443 sqft. The unit has 3 registered sales; the first was AED 691,256 in February 2013.

What is the rent for unit 509?

AED 78,000 a year on the contract signed on 3 March 2026. The previous contract, from January 2024, was AED 84,000; the unit has been rented since September 2017.

How big is unit 509?

443 sqft (41.2 sqm): a studio on the 5th floor of a 34-storey tower completed in 2014.

What is unit 509 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.

Selling 509? 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.

How OpenOffers works

Mortgage on 509, West Avenue Residential Tower

Starts from the last sale price (AED 1.12M, 27 August 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,120,000
Deposit, UAE resident (20%)
AED 224,000
Deposit, non-resident (40%)
AED 448,000
Monthly over 25 years at 3.7%
AED 4,582

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