Studio · 370 sqftZumurud Tower, Dubai Marina · 15th floor · completed 2010

1503, Zumurud Tower

Sold prices and rental history: sold 5 times, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 6 August 2023
Last soldAED 600K18 November 2022
Current rentAED 39K /yr6 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Zumurud Tower

What is 1503 worth today?

Last sold for AED 600,000 in 2022

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6 Aug 2023RentedNew contract
AED 38,600/yr6 months · AED 105 per sqft
18 Nov 2022SoldReady
AED 600,000AED 1,621 per sqft
6 Aug 2022RentedRenewal
AED 33,600/yr12 months · AED 92 per sqft
6 Aug 2021RentedRenewal
AED 28,000/yr12 months · AED 77 per sqft
6 Aug 2020RentedNew contract
AED 28,000/yr12 months · AED 77 per sqft
3 Oct 2019RentedNew contract
AED 40,000/yr12 months · AED 109 per sqft
23 Oct 2018SoldReady
AED 500,000AED 1,351 per sqft
3 Mar 2017RentedNew contract
AED 60,000/yr12 months · AED 164 per sqft

Source: Dubai Land Department. Updated 6 August 2023.

Key facts

Type
Studio apartment
Size
370 sqft
Floor
15th of 28
Parking
B3-19
Developer
Zumurud Real Estate
Completed
2010
Service charge
AED 6,700 /yr
Last sold
AED 600K · November 2022

About 1503, Zumurud Tower

1503 is a studio of 370 sqft on the 15th floor of Zumurud Tower, a 28-storey tower in Dubai Marina completed in 2010 by Zumurud Real Estate. It last sold on 18 November 2022 for AED 600,000, or AED 1,621 per sqft, 17% above the AED 1,391 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 6 August 2023, is AED 38,600 a year: a gross yield of 6.4% on the 2022 price, before the service charge of about AED 6,700 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical studio in Zumurud Tower
400K600K800K2010201520202025Typical sale price by year: 2010 AED 553,253; 2011 AED 580,000; 2012 AED 418,000; 2013 AED 480,130; 2014 AED 765,000; 2016 AED 640,000; 2018 AED 600,000; 2020 AED 385,000; 2021 AED 410,000; 2022 AED 550,000; 2023 AED 630,000; 2024 AED 710,000; 2025 AED 795,000; 2026 AED 780,000Sold by developer, April 2010: AED 574,431 (AED 1,552 per sqft)Sold, September 2013: AED 690,000 (AED 1,865 per sqft)Sold, May 2014: AED 810,000 (AED 2,189 per sqft)Sold, October 2018: AED 500,000 (AED 1,351 per sqft)Sold, November 2022: AED 600,000 (AED 1,621 per sqft)

1503 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1503, each contractTypical studio in Zumurud Tower
40K60K20112015201920232027Typical rent by year: 2011 AED 40,000; 2012 AED 41,000; 2013 AED 52,000; 2014 AED 62,000; 2015 AED 65,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 43,000; 2020 AED 30,000; 2021 AED 30,000; 2022 AED 36,000; 2023 AED 48,000; 2024 AED 55,000; 2025 AED 58,000; 2026 AED 55,000New contract, June 2014: AED 72,000 a yearRenewal, June 2015: AED 72,000 a yearRenewal, June 2016: AED 72,000 a yearNew contract, March 2017: AED 60,000 a yearNew contract, October 2019: AED 40,000 a yearNew contract, August 2020: AED 28,000 a yearRenewal, August 2021: AED 28,000 a yearRenewal, August 2022: AED 33,600 a yearNew contract, August 2023: AED 38,600 a year

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

Studios in Zumurud Tower, and where 1503 sits

All 83 studios →

1503 last sold in November 2022 at AED 1,621 per sqft, 17% above what studios in Zumurud Tower were fetching at the time (AED 1,391). Over the last 12 months studios sold for AED 690,000 to 800,000, around AED 1,946 per sqft, and rent for AED 45,000 to 85,000 a year. 1503's AED 38,600 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Oct 2026690,000
16 Jun 2026780,000
9 Apr 2026780,000
17 Dec 2025800,000
6 studio sales in the last 12 months

Zumurud Tower

Building

217 apartments, studios to 3-bed over 28 floors in Dubai Marina, completed in 2010 by Zumurud Real Estate. 13 sold in the last 12 months.

Typical price per sqft
AED 1,632 Down 4.6%
Typical sale
AED 1.1M
Typical rent
AED 72K /yr
Typical yield
6.3%
Zumurud Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 217 units in Zumurud Tower
Value
15011-bedAED 900K · Apr 2022
15021-bedAED 1.34M · Mar 2024
1504StudioAED 574K · Feb 2011
15051-bedAED 1.09M · Apr 2010
15061-bedAED 1.56M · Apr 2010
15071-bedAED 1.07M · Apr 2010
15081-bedAED 1.18M · Jun 2010
1–7 of 11

1503, Zumurud Tower in numbers

  • Sold 5 times: first on 6 April 2010 for AED 574,431, last on 18 November 2022 for AED 600,000 (AED 1,621 per sqft).
  • Rented since June 2014 on 9 Ejari contracts. The rent fell from AED 72,000 to AED 28,000 in 2021 and recovered to AED 38,600 by August 2023.
  • At AED 38,600 a year the gross yield on the 2022 price is 6.4%, before a service charge of about AED 6,700 a year (AED 18.00 per sqft).
  • Studios in Zumurud Tower sold for AED 690,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,632 per sqft.

Source: Dubai Land Department. Updated 6 August 2023.

Questions about 1503, Zumurud Tower

What did unit 1503 last sell for?

AED 600,000 on 18 November 2022: AED 1,621 per sqft for 370 sqft. The unit has 5 registered sales; the first was AED 574,431 in April 2010.

What is the rent for unit 1503?

AED 38,600 a year on the contract signed on 6 August 2023. The previous contract, from August 2022, was AED 33,600; the unit has been rented since June 2014.

How big is unit 1503?

370 sqft (34.4 sqm): a studio on the 15th floor of a 28-storey tower completed in 2010.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Zumurud Tower sold for AED 690,000 to 800,000 in the last 12 months, around AED 1,946 per sqft.

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Mortgage on 1503, Zumurud Tower

Starts from the last sale price (AED 600K, 18 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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