502, Marina Wharf Tower 1
Sold prices and rental history: sold once, by the developer in September 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Marina Wharf Tower 1
What is 502 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,417 sqft
- Floor
- 5th of 27
- Parking
- S-8
- Developer
- Dheeraj & East Coast
- Completed
- 2010
- Service charge
- AED 25,200 /yr
- Last sold
- AED 1.65M · September 2012
- Building
- Marina Wharf Tower 1
About 502, Marina Wharf Tower 1
502 is a two-bedroom apartment of 1,417 sqft on the 5th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. The developer sold it on 23 September 2012 for AED 1,645,600, or AED 1,161 per sqft, 15% above the AED 1,011 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 95,622 a year: a gross yield of 5.8% on the 2012 price, before the service charge of about AED 25,200 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Marina Wharf Tower 1, and where 502 sits
All 69 2-beds →502 last sold in September 2012 at AED 1,161 per sqft, 15% above what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,011). 502's AED 95,622 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Dec 202413 December 2024 | 1,439 sqft | 2,350,000 | 1,632 | ||
| 12 Aug 202412 August 2024 | 1,189 sqft | 1,950,000 | 1,640 | ||
| 30 Jul 202430 July 2024 | 1,555 sqft | 1,900,000 | 1,221 | ||
| 17 Jul 202417 July 2024 | 1,459 sqft | 2,060,000 | 1,411 |
Marina Wharf Tower 1
Building135 apartments, 1-bed to 4-bed over 27 floors in Dubai Marina, completed in 2010 by Dheeraj & East Coast. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,686
- Typical sale
- AED 2.6M
- Typical rent
- AED 118K /yr
- Typical yield
- 5.8%
Other units on the 5th floor
All 135 units in Marina Wharf Tower 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,181 sqft | AED 1.6MAED 1,600,000 · Apr 2013April 2013 | 110,000 /yr | |
| 503 | 1-bed | 823 sqft | AED 1.2MAED 1,200,000 · Sep 2014September 2014 | 80,000 /yr | |
| 504 | 1-bed | 824 sqft | AED 966KAED 965,950 · Jul 2014July 2014 | 66,000 /yr | |
| 505 | 2-bed | 1,439 sqft | AED 2.03MAED 2,026,750 · Jan 2015January 2015 | 119,144 /yr | |
| 506 | 2-bed | 1,181 sqft | AED 1.92MAED 1,915,000 · Apr 2014April 2014 | 66,814 /yr |
502, Marina Wharf Tower 1 in numbers
- Sold once: by Dheeraj & East Coast on 23 September 2012 for AED 1,645,600, or AED 1,161 per sqft.
- Rented since February 2013 on 12 Ejari contracts, from AED 80,000 to AED 95,622 a year.
- At AED 95,622 a year the gross yield on the 2012 price is 5.8%, before a service charge of about AED 25,200 a year (AED 17.79 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2025.
Questions about 502, Marina Wharf Tower 1
What did unit 502 last sell for?
AED 1,645,600 on 23 September 2012, sold by the developer: AED 1,161 per sqft for 1,417 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 95,622 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 91,069; the unit has been rented since February 2013.
How big is unit 502?
1,417 sqft (131.6 sqm): a two-bedroom apartment on the 5th floor of a 27-storey tower completed in 2010.
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 Wharf Tower 1
Starts from the last sale price (AED 1.65M, 23 September 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,645,600
- Deposit, UAE resident (20%)
- AED 329,120
- Deposit, non-resident (40%)
- AED 658,240
- Monthly over 25 years at 3.7%
- AED 6,733
Plus AED 74,125 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →