1-bed · 860 sqftMarina Park, Dubai Marina · 5th floor · completed 2006

509, Marina Park

Sold prices and rental history: sold 3 times, last in March 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 24 June 2022
Last soldAED 500K29 March 2021
Current rentAED 59K /yr24 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Marina Park

What is 509 worth today?

Last sold for AED 500,000 in 2021

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24 Jun 2022RentedNew contract
AED 59,000/yr12 months · AED 69 per sqft
29 Mar 2021SoldReady
AED 500,000AED 581 per sqft
20 Dec 2019RentedRenewal
AED 54,000/yr12 months · AED 63 per sqft
20 Dec 2018RentedNew contract
AED 54,000/yr12 months · AED 63 per sqft
18 Jun 2013SoldReady
AED 750,000AED 872 per sqft
1 Oct 2012Sold by developerReady
AED 360,000AED 418 per sqft

Source: Dubai Land Department. Updated 24 June 2022.

Key facts

Type
1-bed apartment
Size
860 sqft
Floor
5th of 5
Parking
44B
Developer
Global Realty Partners
Completed
2006
Service charge
AED 11,500 /yr
Last sold
AED 500K · March 2021
Building
Marina Park

About 509, Marina Park

509 is a one-bedroom apartment of 860 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 29 March 2021 for AED 500,000, or AED 581 per sqft, 21% above the AED 482 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 24 June 2022, is AED 59,000 a year: a gross yield of 11.8% on the 2021 price, before the service charge of about AED 11,500 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical one-bed in Marina Park
250K500K750K2009201420192024Typical sale price by year: 2009 AED 343,170; 2010 AED 295,000; 2011 AED 356,250; 2012 AED 370,000; 2013 AED 562,500; 2014 AED 752,500; 2015 AED 650,000; 2016 AED 740,000; 2017 AED 635,000; 2021 AED 500,000; 2022 AED 562,500; 2023 AED 690,000; 2025 AED 700,000Sold by developer, October 2012: AED 360,000 (AED 418 per sqft)Sold, June 2013: AED 750,000 (AED 872 per sqft)Sold, March 2021: AED 500,000 (AED 581 per sqft)

509 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 509, each contractTypical one-bed in Marina Park
40K60K2013201720212025Typical rent by year: 2013 AED 55,000; 2014 AED 65,500; 2015 AED 69,125; 2016 AED 70,000; 2017 AED 65,000; 2018 AED 56,000; 2019 AED 52,000; 2020 AED 42,000; 2021 AED 37,000; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 61,250; 2025 AED 70,000New contract, December 2018: AED 54,000 a yearRenewal, December 2019: AED 54,000 a yearNew contract, June 2022: AED 59,000 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 Marina Park, and where 509 sits

All 39 1-beds →

509 last sold in March 2021 at AED 581 per sqft, 21% above what one-beds in Marina Park were fetching at the time (AED 482). Over the last 12 months one-beds sold for AED 900,000, around AED 1,209 per sqft, and rent for AED 72,000 to 80,000 a year. 509's AED 59,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jan 2026900,000
8 May 2025625,000
5 Mar 20251,000,000
9 Jan 2025700,000
1 1-bed sale 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
5072-bedAED 1M · Dec 2018
1–7 of 13

509, Marina Park in numbers

  • Sold 3 times: first on 1 October 2012 for AED 360,000, last on 29 March 2021 for AED 500,000 (AED 581 per sqft).
  • Rented since December 2018 on 3 Ejari contracts, from AED 54,000 to AED 59,000 a year.
  • At AED 59,000 a year the gross yield on the 2021 price is 11.8%, before a service charge of about AED 11,500 a year (AED 13.42 per sqft).
  • One-beds in Marina Park sold for AED 900,000–900,000 in the 12 months to November 2026; the building's median across all types is AED 1,209 per sqft.

Source: Dubai Land Department. Updated 24 June 2022.

Questions about 509, Marina Park

What did unit 509 last sell for?

AED 500,000 on 29 March 2021: AED 581 per sqft for 860 sqft. The unit has 3 registered sales; the first was AED 360,000 in October 2012.

What is the rent for unit 509?

AED 59,000 a year on the contract signed on 24 June 2022. The previous contract, from December 2019, was AED 54,000; the unit has been rented since December 2018.

How big is unit 509?

860 sqft (79.9 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2006.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Park sold for AED 900,000 to 900,000 in the last 12 months, around AED 1,209 per sqft.

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Mortgage on 509, Marina Park

Starts from the last sale price (AED 500K, 29 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →