1-bed · 729 sqftDream Towers 1, Dubai Marina · 15th floor · completed 2009

1509, Dream Towers 1

Sold prices and rental history: sold 6 times, last in November 2024, and rented once, from November 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 21 November 2024
Last soldAED 860K21 November 2024
Current rentAED 70K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, Dream Towers 1

What is 1509 worth today?

Last sold for AED 860,000 in 2024

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21 Nov 2024SoldReady
AED 860,000AED 1,180 per sqft
1 Nov 2023RentedNew contract
AED 70,000/yr12 months · AED 96 per sqft
4 Sep 2023SoldReady
AED 750,000AED 1,029 per sqft
14 May 2019SoldReady
AED 600,000AED 823 per sqft
19 Mar 2017SoldReady
AED 600,000AED 823 per sqft
28 Dec 2010SoldReady
AED 463,000AED 635 per sqft
12 Oct 2010Sold by developerReady
AED 297,000AED 407 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 November 2024.

Key facts

Type
1-bed apartment
Size
729 sqft
Floor
15th of 29
Parking
B2-F1509
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 16,300 /yr
Last sold
AED 860K · November 2024

About 1509, Dream Towers 1

1509 is a one-bedroom apartment of 729 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 21 November 2024 for AED 860,000, or AED 1,180 per sqft, in line with the AED 1,173 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 November 2023. The current contract, signed on 1 November 2023, is AED 70,000 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 16,300 a year.

Sales and rents for 1509 over time

Sales
Unit 1509, 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, October 2010: AED 297,000 (AED 407 per sqft)Sold, December 2010: AED 463,000 (AED 635 per sqft)Sold, March 2017: AED 600,000 (AED 823 per sqft)Sold, May 2019: AED 600,000 (AED 823 per sqft)Sold, September 2023: AED 750,000 (AED 1,029 per sqft)Sold, November 2024: AED 860,000 (AED 1,180 per sqft)

1509 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1509, 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, November 2023: 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 1509 sits

All 226 1-beds →

1509 last sold in November 2024 at AED 1,180 per sqft, in line with what one-beds in Dream Towers 1 were fetching at the time (AED 1,173). 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. 1509'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
15031-bedAED 1.1M · Mar 2014
15041-bedAED 412K · Nov 2010
15051-bedAED 545K · Oct 2022
15062-bedNo registered sale
15072-bedNo registered sale
1–7 of 13

1509, Dream Towers 1 in numbers

  • Sold 6 times: first on 12 October 2010 for AED 297,000, last on 21 November 2024 for AED 860,000 (AED 1,180 per sqft).
  • Rented since November 2023 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 8.1%, before a service charge of about AED 16,300 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 21 November 2024.

Questions about 1509, Dream Towers 1

What did unit 1509 last sell for?

AED 860,000 on 21 November 2024: AED 1,180 per sqft for 729 sqft. The unit has 6 registered sales; the first was AED 297,000 in October 2010.

What is the rent for unit 1509?

AED 70,000 a year on the contract signed on 1 November 2023.

How big is unit 1509?

729 sqft (67.7 sqm): a one-bedroom apartment on the 15th floor of a 29-storey tower completed in 2009.

What is unit 1509 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 1509, Dream Towers 1

Starts from the last sale price (AED 860K, 21 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

Plus AED 41,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →