2-bed · 1,522 sqftDream Towers 1, Dubai Marina · 15th floor · completed 2009

1514, Dream Towers 1

Sold prices and rental history: no registered sale, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1514 · DLD and Ejari recordsUpdated 15 April 2024
Current rentAED 83K /yr15 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1514, Dream Towers 1

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15 Apr 2024RentedRenewal
AED 82,500/yr12 months · AED 54 per sqft
15 Apr 2023RentedNew contract
AED 75,000/yr12 months · AED 49 per sqft
5 Apr 2022RentedRenewal
AED 58,000/yr12 months · AED 38 per sqft
21 Aug 2018RentedNew contract
AED 85,000/yr12 months · AED 56 per sqft
20 Oct 2016RentedNew contract
AED 90,000/yr12 months · AED 59 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2024.

Key facts

Type
2-bed apartment
Size
1,522 sqft
Floor
15th of 29
Parking
B2-F1514
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 34,100 /yr
Last sold
No registered sale

About 1514, Dream Towers 1

1514 is a two-bedroom apartment of 1,522 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. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 15 April 2024, is AED 82,500 a year, before the service charge of about AED 34,100 a year.

Sales and rents for 1514 over time

Rents
Unit 1514, each contractTypical two-bed in Dream Towers 1
50K75K100K2013201720212025Typical rent by year: 2013 AED 85,000; 2014 AED 90,000; 2015 AED 91,500; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 88,000; 2019 AED 80,000; 2020 AED 71,000; 2021 AED 52,000; 2022 AED 59,000; 2023 AED 72,000; 2024 AED 84,090; 2025 AED 85,000; 2026 AED 84,080New contract, October 2016: AED 90,000 a yearNew contract, August 2018: AED 85,000 a yearRenewal, April 2022: AED 58,000 a yearNew contract, April 2023: AED 75,000 a yearRenewal, April 2024: AED 82,500 a year

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

2-beds in Dream Towers 1, and where 1514 sits

All 126 2-beds →

1514's AED 82,500 is in the lower half of that range.

0 2-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

1514, Dream Towers 1 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since October 2016 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 58,000 in 2022 and recovered to AED 82,500 by April 2024.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2024.

Questions about 1514, Dream Towers 1

What is the rent for unit 1514?

AED 82,500 a year on the contract renewed on 15 April 2024. The previous contract, from April 2023, was AED 75,000; the unit has been rented since October 2016.

How big is unit 1514?

1,522 sqft (141.4 sqm): a two-bedroom apartment on the 15th floor of a 29-storey tower completed in 2009.

What is unit 1514 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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