Home
Dubai prices
About
Research
2-bed · 1,083 sqftMarina Park, Dubai Marina · 5th floor · completed 2006

507, Marina Park

Sold prices and rental history: sold twice, last in December 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 19 December 2018
Last soldAED 1M19 December 2018
Current rentAED 80K /yr1 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 507

Property timeline for 507, Marina Park

What is 507 worth today?

Last sold for AED 1,000,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Dec 2018SoldReady
AED 1,000,000AED 923 per sqft
1 Dec 2017RentedNew contract
AED 80,000/yr12 months · AED 74 per sqft
7 Aug 2015RentedRenewal
AED 105,000/yr12 months · AED 97 per sqft
7 Aug 2014RentedNew contract
AED 90,000/yr12 months · AED 83 per sqft
7 Aug 2013RentedNew contract
AED 90,000/yr12 months · AED 83 per sqft
1 Oct 2012Sold by developerReady
AED 535,000AED 494 per sqft

Source: Dubai Land Department. Updated 19 December 2018.

Key facts

Type
2-bed apartment
Size
1,083 sqft
Floor
5th of 5
Parking
37B
Developer
Global Realty Partners
Completed
2006
Service charge
AED 14,500 /yr
Last sold
AED 1M · December 2018
Building
Marina Park

About 507, Marina Park

507 is a two-bedroom apartment of 1,083 sqft on the 5th floor of Marina Park, a 5-storey tower in Dubai Marina completed in 2006 by Global Realty Partners. It last sold on 19 December 2018 for AED 1,000,000, or AED 923 per sqft, 44% above the AED 643 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 December 2017, is AED 80,000 a year: a gross yield of 8.0% on the 2018 price, before the service charge of about AED 14,500 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Marina Park
500K1M1.5M20102014201820222026Typical sale price by year: 2010 AED 620,500; 2012 AED 635,000; 2013 AED 1,000,000; 2014 AED 1,450,000; 2018 AED 775,000; 2020 AED 520,000; 2021 AED 765,000; 2023 AED 787,500; 2024 AED 1,125,000; 2025 AED 1,312,500Sold by developer, October 2012: AED 535,000 (AED 494 per sqft)Sold, December 2018: AED 1,000,000 (AED 923 per sqft)

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

Rents
Unit 507, each contractTypical two-bed in Marina Park
50K75K100K2012201620202024Typical rent by year: 2012 AED 72,500; 2013 AED 82,000; 2014 AED 100,000; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 87,500; 2018 AED 78,000; 2019 AED 75,000; 2020 AED 60,000; 2021 AED 56,000; 2022 AED 65,000; 2023 AED 75,000; 2024 AED 105,000; 2025 AED 105,000New contract, August 2013: AED 90,000 a yearNew contract, August 2014: AED 90,000 a yearRenewal, August 2015: AED 105,000 a yearNew contract, December 2017: AED 80,000 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 Marina Park, and where 507 sits

All 30 2-beds →

507 last sold in December 2018 at AED 923 per sqft, 44% above what two-beds in Marina Park were fetching at the time (AED 643). 507's AED 80,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Jun 20251,312,500
11 May 20251,400,000
23 Jan 20251,270,000
19 Dec 2024816,000
0 2-bed sales in the last 12 months

Marina Park

Building

73 apartments, 1-bed to 4-bed over 5 floors in Dubai Marina, completed in 2006 by Global Realty Partners. 1 sold in the last 12 months.

Typical price per sqft
AED 1,209
Typical sale
AED 900K
Typical rent
AED 95K /yr
Typical yield
7.4%
Marina Park, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 73 units in Marina Park
Value
5011-bedAED 700K · Jul 2023
5022-bedAED 1.31M · Jun 2025
5032-bedAED 1.2M · Jan 2024
5042-bedAED 950K · May 2022
5052-bedNo registered sale
5062-bedAED 635K · Dec 2012
5082-bedAED 1.2M · Oct 2024
1–7 of 13

507, Marina Park in numbers

  • Sold twice: first on 1 October 2012 for AED 535,000, last on 19 December 2018 for AED 1,000,000 (AED 923 per sqft).
  • Rented since August 2013 on 4 Ejari contracts, from AED 90,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2018 price is 8.0%, before a service charge of about AED 14,500 a year (AED 13.42 per sqft).

Source: Dubai Land Department. Updated 19 December 2018.

Questions about 507, Marina Park

What did unit 507 last sell for?

AED 1,000,000 on 19 December 2018: AED 923 per sqft for 1,083 sqft. The unit has 2 registered sales; the first was AED 535,000 in October 2012.

What is the rent for unit 507?

AED 80,000 a year on the contract signed on 1 December 2017. The previous contract, from August 2015, was AED 105,000; the unit has been rented since August 2013.

How big is unit 507?

1,083 sqft (100.6 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2006.

What is unit 507 worth today?

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

Selling 507? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 507, Marina Park

Starts from the last sale price (AED 1M, 19 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →