505, Marina Wharf Tower 1
Sold prices and rental history: sold twice, last in January 2015, 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 505, Marina Wharf Tower 1
What is 505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,439 sqft
- Floor
- 5th of 27
- Parking
- S-11
- Developer
- Dheeraj & East Coast
- Completed
- 2010
- Service charge
- AED 25,600 /yr
- Last sold
- AED 2.03M · January 2015
- Building
- Marina Wharf Tower 1
About 505, Marina Wharf Tower 1
505 is a two-bedroom apartment of 1,439 sqft on the 5th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. It last sold on 4 January 2015 for AED 2,026,750, or AED 1,408 per sqft, 11% above the AED 1,270 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 8 July 2025, is AED 119,144 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 25,600 a year.
Sales and rents for 505 over time
505 has sold twice; 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 505 sits
All 69 2-beds →505 last sold in January 2015 at AED 1,408 per sqft, 11% above what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,270). 505's AED 119,144 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 | |
| 502 | 2-bed | 1,417 sqft | AED 1.65MAED 1,645,600 · Sep 2012September 2012 | 95,622 /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 | |
| 506 | 2-bed | 1,181 sqft | AED 1.92MAED 1,915,000 · Apr 2014April 2014 | 66,814 /yr |
505, Marina Wharf Tower 1 in numbers
- Sold twice: first on 14 January 2013 for AED 1,335,055, last on 4 January 2015 for AED 2,026,750 (AED 1,408 per sqft).
- Rented since April 2013 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 65,000 in 2020 and recovered to AED 119,144 by July 2025.
- At AED 119,144 a year the gross yield on the 2015 price is 5.9%, before a service charge of about AED 25,600 a year (AED 17.79 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 8 July 2025.
Questions about 505, Marina Wharf Tower 1
What did unit 505 last sell for?
AED 2,026,750 on 4 January 2015: AED 1,408 per sqft for 1,439 sqft. The unit has 2 registered sales; the first was AED 1,335,055 in January 2013.
What is the rent for unit 505?
AED 119,144 a year on the contract renewed on 8 July 2025. The previous contract, from July 2024, was AED 113,470; the unit has been rented since April 2013.
How big is unit 505?
1,439 sqft (133.7 sqm): a two-bedroom apartment on the 5th floor of a 27-storey tower completed in 2010.
What is unit 505 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 505, Marina Wharf Tower 1
Starts from the last sale price (AED 2.03M, 4 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 2,026,750
- Deposit, UAE resident (20%)
- AED 405,350
- Deposit, non-resident (40%)
- AED 810,700
- Monthly over 25 years at 3.7%
- AED 8,292
Plus AED 90,134 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →