1508, Dream Towers 1
Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Dream Towers 1
What is 1508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 678 sqft
- Floor
- 15th of 29
- Parking
- B2-F1508
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 15,200 /yr
- Last sold
- AED 454K · August 2010
- Building
- Dream Towers 1
About 1508, Dream Towers 1
1508 is a one-bedroom apartment of 678 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. The developer sold it on 9 August 2010 for AED 454,000, or AED 669 per sqft, 31% above the AED 509 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 66,240 a year: a gross yield of 14.6% on the 2010 price, before the service charge of about AED 15,200 a year.
Sales and rents for 1508 over time
1508 has sold once; the dashed line is the one-bed median of each year in the building.
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 1508 sits
All 226 1-beds →1508 last sold in August 2010 at AED 669 per sqft, 31% above what one-beds in Dream Towers 1 were fetching at the time (AED 509). 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. 1508's AED 66,240 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Feb 20262 February 2026 | 678 sqft | 1,150,000 | 1,696 | ||
| 21 Jul 202521 July 2025 | 637 sqft | 900,000 | 1,413 | ||
| 30 Jun 202530 June 2025 | 694 sqft | 1,100,000 | 1,583 | ||
| 25 Jun 202525 June 2025 | 731 sqft | 970,000 | 1,326 |
Dream Towers 1
Building359 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%
Other units on the 15th floor
All 359 units in Dream Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 679 sqft | AED 610KAED 610,000 · Oct 2022October 2022 | 55,000 /yr | |
| 1502 | 1-bed | 774 sqft | AED 972KAED 971,584 · Dec 2024December 2024 | 73,000 /yr | |
| 1503 | 1-bed | 789 sqft | AED 1.1MAED 1,100,000 · Mar 2014March 2014 | 70,000 /yr | |
| 1504 | 1-bed | 731 sqft | AED 412KAED 412,000 · Nov 2010November 2010 | 72,000 /yr | |
| 1505 | 1-bed | 694 sqft | AED 545KAED 545,000 · Oct 2022October 2022 | 63,000 /yr | |
| 1506 | 2-bed | 1,251 sqft | No registered sale | 85,000 /yr | |
| 1507 | 2-bed | 1,251 sqft | No registered sale | 78,650 /yr | |
| 1509 | 1-bed | 729 sqft | AED 860KAED 860,000 · Nov 2024November 2024 | 70,000 /yr | |
| 1510 | 1-bed | 798 sqft | AED 625KAED 625,000 · May 2011May 2011 | 68,000 /yr | |
| 1511 | 1-bed | 779 sqft | AED 458KAED 458,000 · Jul 2010July 2010 | 70,000 /yr | |
| 1512 | 1-bed | 637 sqft | AED 550KAED 550,000 · Nov 2022November 2022 | 75,000 /yr | |
| 1513 | 2-bed | 1,522 sqft | No registered sale | 90,000 /yr | |
| 1514 | 2-bed | 1,522 sqft | No registered sale | 82,500 /yr |
1508, Dream Towers 1 in numbers
- Sold once: by Desert Dream Investments & Development Properties on 9 August 2010 for AED 454,000, or AED 669 per sqft.
- Rented since February 2016 on 9 Ejari contracts. The rent fell from AED 84,000 to AED 34,934 in 2020 and recovered to AED 66,240 by March 2025.
- At AED 66,240 a year the gross yield on the 2010 price is 14.6%, before a service charge of about AED 15,200 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 1 March 2025.
Questions about 1508, Dream Towers 1
What did unit 1508 last sell for?
AED 454,000 on 9 August 2010, sold by the developer: AED 669 per sqft for 678 sqft. It is the only registered sale of the unit.
What is the rent for unit 1508?
AED 66,240 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 55,200; the unit has been rented since February 2016.
How big is unit 1508?
678 sqft (63.0 sqm): a one-bedroom apartment on the 15th floor of a 29-storey tower completed in 2009.
What is unit 1508 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 1508, Dream Towers 1
Starts from the last sale price (AED 454K, 9 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 454,000
- Deposit, UAE resident (20%)
- AED 90,800
- Deposit, non-resident (40%)
- AED 181,600
- Monthly over 25 years at 3.7%
- AED 1,857
Plus AED 21,978 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →