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1-bed · 944 sqftMarina Sail Tower, Dubai Marina · 5th floor · completed 2006

502, Marina Sail Tower

Sold prices and rental history: sold 3 times, last in September 2017, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 24 February 2019
Last soldAED 800K14 September 2017
Current rentAED 70K /yr24 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 502, Marina Sail Tower

What is 502 worth today?

Last sold for AED 800,000 in 2017

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24 Feb 2019RentedNew contract
AED 70,000/yr12 months · AED 74 per sqft
11 Dec 2017RentedRenewal
AED 85,000/yr12 months · AED 90 per sqft
14 Sep 2017SoldReady
AED 800,000AED 847 per sqft
11 Dec 2016RentedNew contract
AED 85,000/yr12 months · AED 90 per sqft
22 Aug 2013SoldReady
AED 1,225,000AED 1,298 per sqft
13 Nov 2012Sold by developerReady
AED 408,480AED 432 per sqft

Source: Dubai Land Department. Updated 24 February 2019.

Key facts

Type
1-bed apartment
Size
944 sqft
Floor
5th of 21
Parking
1B-41
Developer
32 Group Properties
Completed
2006
Service charge
AED 13,600 /yr
Last sold
AED 800K · September 2017
Building
Marina Sail Tower

About 502, Marina Sail Tower

502 is a one-bedroom apartment of 944 sqft on the 5th floor of Marina Sail Tower, a 21-storey tower in Dubai Marina completed in 2006 by 32 Group Properties. It last sold on 14 September 2017 for AED 800,000, or AED 847 per sqft, 23% below the AED 1,107 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 24 February 2019, is AED 70,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 13,600 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Marina Sail Tower
500K1M2008201320182023Typical sale price by year: 2008 AED 1,000,000; 2009 AED 586,931; 2010 AED 750,000; 2012 AED 408,480; 2013 AED 1,135,000; 2014 AED 1,300,000; 2015 AED 1,275,000; 2016 AED 1,190,000; 2017 AED 1,072,500; 2018 AED 900,000; 2019 AED 719,750; 2022 AED 825,000; 2024 AED 1,244,000Sold by developer, November 2012: AED 408,480 (AED 432 per sqft)Sold, August 2013: AED 1,225,000 (AED 1,298 per sqft)Sold, September 2017: AED 800,000 (AED 847 per sqft)

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

Rents
Unit 502, each contractTypical one-bed in Marina Sail Tower
60K80K100K2013201720212025Typical rent by year: 2013 AED 75,000; 2014 AED 87,500; 2015 AED 101,506; 2016 AED 93,626; 2017 AED 84,500; 2018 AED 77,500; 2019 AED 72,000; 2020 AED 60,500; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 75,000; 2024 AED 90,000; 2025 AED 85,500New contract, December 2016: AED 85,000 a yearRenewal, December 2017: AED 85,000 a yearNew contract, February 2019: 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 Marina Sail Tower, and where 502 sits

All 38 1-beds →

502 last sold in September 2017 at AED 847 per sqft, 23% below what one-beds in Marina Sail Tower were fetching at the time (AED 1,107). 502's AED 70,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 May 20251,300,000
15 Oct 20241,288,000
8 Oct 20241,050,000
19 Sep 20241,300,000
0 1-bed sales in the last 12 months

Marina Sail Tower

Building

152 apartments, 1-bed to 3-bed over 21 floors in Dubai Marina, completed in 2006 by 32 Group Properties. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 114K /yr
Typical yield
Marina Sail Tower, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 152 units in Marina Sail Tower
Value
5011-bedAED 1.23M · Oct 2015
5031-bedAED 1.1M · Mar 2017
504No registered sale
5053-bedAED 2.35M · Mar 2012
5062-bedAED 1.65M · Dec 2022
5072-bedAED 2.1M · Jun 2013
5082-bedAED 1.99M · Jul 2010

502, Marina Sail Tower in numbers

  • Sold 3 times: first on 13 November 2012 for AED 408,480, last on 14 September 2017 for AED 800,000 (AED 847 per sqft).
  • Rented since December 2016 on 3 Ejari contracts, from AED 85,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 13,600 a year (AED 14.43 per sqft).

Source: Dubai Land Department. Updated 24 February 2019.

Questions about 502, Marina Sail Tower

What did unit 502 last sell for?

AED 800,000 on 14 September 2017: AED 847 per sqft for 944 sqft. The unit has 3 registered sales; the first was AED 408,480 in November 2012.

What is the rent for unit 502?

AED 70,000 a year on the contract signed on 24 February 2019. The previous contract, from December 2017, was AED 85,000; the unit has been rented since December 2016.

How big is unit 502?

944 sqft (87.7 sqm): a one-bedroom apartment on the 5th floor of a 21-storey tower completed in 2006.

What is unit 502 worth today?

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

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Mortgage on 502, Marina Sail Tower

Starts from the last sale price (AED 800K, 14 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →