501, Marina Arcade Tower
Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Marina Arcade Tower
What is 501 worth today?
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Source: Dubai Land Department. Updated 9 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 801 sqft
- Parking
- 1F-24
- Developer
- Marina Arcade Real Estate
- Completed
- 2017
- Service charge
- AED 12,600 /yr
- Last sold
- AED 1.05M · April 2016
- Building
- Marina Arcade Tower
About 501, Marina Arcade Tower
501 is a one-bedroom apartment of 801 sqft of Marina Arcade Tower, a 45-storey tower in Dubai Marina completed in 2017 by Marina Arcade Real Estate. The developer sold it on 13 April 2016 for AED 1,051,090, or AED 1,311 per sqft, 14% below the AED 1,528 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 9 October 2024, is AED 100,000 a year: a gross yield of 9.5% on the 2016 price, before the service charge of about AED 12,600 a year.
Sales and rents for 501 over time
501 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 Marina Arcade Tower, and where 501 sits
All 35 1-beds →501 last sold in April 2016 at AED 1,311 per sqft, 14% below what one-beds in Marina Arcade Tower were fetching at the time (AED 1,528). Over the last 12 months one-beds sold for AED 1,250,000, around AED 1,553 per sqft, and rent for AED 90,000 to 120,000 a year. 501's AED 100,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Apr 202522 April 2025 | 2,001 sqft | 2,591,160 | 1,295 | ||
| 18 Oct 202418 October 2024 | 1,680 sqft | 2,000,000 | 1,190 | ||
| 29 Jul 202429 July 2024 | 1,338 sqft | 1,480,000 | 1,106 | ||
| 14 Jun 202414 June 2024 | 808 sqft | 1,300,000 | 1,609 |
Marina Arcade Tower
Building19 apartments, studios to 4-bed over 45 floors in Dubai Marina, completed in 2017 by Marina Arcade Real Estate. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,553
- Typical sale
- AED 2.2M
- Typical rent
- AED 130K /yr
- Typical yield
- 6.7%
501, Marina Arcade Tower in numbers
- Sold once: by Marina Arcade Real Estate on 13 April 2016 for AED 1,051,090, or AED 1,311 per sqft.
- Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 50,000 in 2021 and recovered to AED 100,000 by October 2024.
- At AED 100,000 a year the gross yield on the 2016 price is 9.5%, before a service charge of about AED 12,600 a year (AED 15.77 per sqft).
- One-beds in Marina Arcade Tower sold for AED 1,250,000–1,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,553 per sqft.
Source: Dubai Land Department. Updated 9 October 2024.
Questions about 501, Marina Arcade Tower
What did unit 501 last sell for?
AED 1,051,090 on 13 April 2016, sold by the developer: AED 1,311 per sqft for 801 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 100,000 a year on the contract signed on 9 October 2024. The previous contract, from February 2023, was AED 63,250; the unit has been rented since August 2017.
How big is unit 501?
801 sqft (74.4 sqm): a one-bedroom apartment of a 45-storey tower completed in 2017.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Arcade Tower sold for AED 1,250,000 to 1,250,000 in the last 12 months, around AED 1,553 per sqft.
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Mortgage on 501, Marina Arcade Tower
Starts from the last sale price (AED 1.05M, 13 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,051,090
- Deposit, UAE resident (20%)
- AED 210,218
- Deposit, non-resident (40%)
- AED 420,436
- Monthly over 25 years at 3.7%
- AED 4,300
Plus AED 49,156 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →