1-bed · 789 sqftDream Towers 1, Dubai Marina · 15th floor · completed 2009

1503, Dream Towers 1

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

Unit 1503 · DLD and Ejari recordsUpdated 6 March 2025
Last soldAED 1.1M6 March 2014
Current rentAED 70K /yr6 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Dream Towers 1

What is 1503 worth today?

Last sold for AED 1,100,000 in 2014

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6 Mar 2025RentedNew contract
AED 70,000/yr12 months · AED 89 per sqft
6 Mar 2024RentedNew contract
AED 68,000/yr12 months · AED 86 per sqft
10 Feb 2023RentedRenewal
AED 54,000/yr12 months · AED 68 per sqft
30 Jun 2021RentedRenewal
AED 40,110/yr6 months · AED 51 per sqft
30 Jun 2020RentedNew contract
AED 40,000/yr12 months · AED 51 per sqft
15 Apr 2019RentedRenewal
AED 62,000/yr12 months · AED 79 per sqft
15 Apr 2018RentedNew contract
AED 65,000/yr12 months · AED 82 per sqft
16 Mar 2017RentedNew contract
AED 80,000/yr12 months · AED 101 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 March 2025.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
15th of 29
Parking
B2-F1503
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 17,700 /yr
Last sold
AED 1.1M · March 2014

About 1503, Dream Towers 1

1503 is a one-bedroom apartment of 789 sqft on the 15th floor of Dream Towers 1, a 29-storey tower in Dubai Marina completed in 2009 by Desert Dream Investments & Development Properties. It last sold on 6 March 2014 for AED 1,100,000, or AED 1,393 per sqft, 31% above the AED 1,061 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 6 March 2025, is AED 70,000 a year: a gross yield of 6.4% on the 2014 price, before the service charge of about AED 17,700 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical one-bed in Dream Towers 1
500K1M20102014201820222026Typical sale price by year: 2010 AED 334,500; 2011 AED 458,500; 2012 AED 550,000; 2013 AED 788,500; 2014 AED 975,000; 2015 AED 880,000; 2016 AED 835,000; 2017 AED 805,000; 2019 AED 600,000; 2020 AED 542,500; 2021 AED 500,000; 2022 AED 600,000; 2023 AED 710,000; 2024 AED 860,000; 2025 AED 950,000Sold by developer, July 2010: AED 468,000 (AED 592 per sqft)Sold, March 2014: AED 1,100,000 (AED 1,393 per sqft)

1503 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, each contractTypical one-bed in Dream Towers 1
40K60K80K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 65,000; 2014 AED 78,000; 2015 AED 80,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 40,000; 2021 AED 40,000; 2022 AED 46,750; 2023 AED 59,000; 2024 AED 68,000; 2025 AED 70,000; 2026 AED 75,000New contract, March 2017: AED 80,000 a yearNew contract, April 2018: AED 65,000 a yearRenewal, April 2019: AED 62,000 a yearNew contract, June 2020: AED 40,000 a yearRenewal, June 2021: AED 40,110 a yearRenewal, February 2023: AED 54,000 a yearNew contract, March 2024: AED 68,000 a yearNew contract, March 2025: AED 70,000 a year

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

1-beds in Dream Towers 1, and where 1503 sits

All 226 1-beds →

1503 last sold in March 2014 at AED 1,393 per sqft, 31% above what one-beds in Dream Towers 1 were fetching at the time (AED 1,061). Over the last 12 months one-beds sold for AED 1,000,000 to 1,150,000, around AED 1,490 per sqft, and rent for AED 58,000 to 130,000 a year. 1503's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Feb 20261,150,000
21 Jul 2025900,000
30 Jun 20251,100,000
25 Jun 2025970,000
2 1-bed sales in the last 12 months

Dream Towers 1

Building

359 apartments, 1-bed to 2-bed over 29 floors in Dubai Marina, completed in 2009 by Desert Dream Investments & Development Properties. 2 sold in the last 12 months.

Typical price per sqft
AED 1,490
Typical sale
AED 1.08M
Typical rent
AED 78K /yr
Typical yield
5.7%
Dream Towers 1, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 359 units in Dream Towers 1
Value
15011-bedAED 610K · Oct 2022
15021-bedAED 972K · Dec 2024
15041-bedAED 412K · Nov 2010
15051-bedAED 545K · Oct 2022
15062-bedNo registered sale
15072-bedNo registered sale
15081-bedAED 454K · Aug 2010
1–7 of 13

1503, Dream Towers 1 in numbers

  • Sold twice: first on 14 July 2010 for AED 468,000, last on 6 March 2014 for AED 1,100,000 (AED 1,393 per sqft).
  • Rented since March 2017 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 40,000 in 2020 and recovered to AED 70,000 by March 2025.
  • At AED 70,000 a year the gross yield on the 2014 price is 6.4%, before a service charge of about AED 17,700 a year (AED 22.41 per sqft).
  • One-beds in Dream Towers 1 sold for AED 1,000,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,490 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 6 March 2025.

Questions about 1503, Dream Towers 1

What did unit 1503 last sell for?

AED 1,100,000 on 6 March 2014: AED 1,393 per sqft for 789 sqft. The unit has 2 registered sales; the first was AED 468,000 in July 2010.

What is the rent for unit 1503?

AED 70,000 a year on the contract signed on 6 March 2025. The previous contract, from March 2024, was AED 68,000; the unit has been rented since March 2017.

How big is unit 1503?

789 sqft (73.3 sqm): a one-bedroom apartment on the 15th floor of a 29-storey tower completed in 2009.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Dream Towers 1 sold for AED 1,000,000 to 1,150,000 in the last 12 months, around AED 1,490 per sqft.

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Mortgage on 1503, Dream Towers 1

Starts from the last sale price (AED 1.1M, 6 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →