505, Marina Wharf Tower 2
Sold prices and rental history: sold once, by the developer in May 2009, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Marina Wharf Tower 2
What is 505 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 29 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,245 sqft
- Floor
- 5th of 27
- Parking
- B2-20
- Developer
- Dheeraj & East Coast
- Completed
- 2014
- Service charge
- AED 21,000 /yr
- Last sold
- AED 1.26M · May 2009
- Building
- Marina Wharf Tower 2
About 505, Marina Wharf Tower 2
505 is a three-bedroom apartment of 1,245 sqft on the 5th floor of Marina Wharf Tower 2, a 27-storey tower in Dubai Marina completed in 2014 by Dheeraj & East Coast. The developer sold it on 31 May 2009 for AED 1,260,635, or AED 1,012 per sqft, 9% below the AED 1,118 three-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 29 September 2024, is AED 145,000 a year: a gross yield of 11.5% on the 2009 price, before the service charge of about AED 21,000 a year.
Sales and rents for 505 over time
505 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Marina Wharf Tower 2, and where 505 sits
All 103 3-beds →505 last sold in May 2009 at AED 1,012 per sqft, 9% below what three-beds in Marina Wharf Tower 2 were fetching at the time (AED 1,118). Over the last 12 months three-beds sold for AED 2,250,000, around AED 1,748 per sqft, and rent for AED 114,000 to 340,413 a year. 505's AED 145,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jan 20269 January 2026 | 1,287 sqft | 2,250,000 | 1,748 | ||
| 7 Jul 20257 July 2025 | 1,287 sqft | 2,200,000 | 1,709 | ||
| 18 May 202518 May 2025 | 1,395 sqft | 2,100,000 | 1,505 | ||
| 2 Apr 20252 April 2025 | 1,245 sqft | 2,000,000 | 1,605 |
Marina Wharf Tower 2
Building166 apartments, studios to 3-bed over 27 floors in Dubai Marina, completed in 2014 by Dheeraj & East Coast. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,862
- Typical sale
- AED 1.88M
- Typical rent
- AED 133K /yr
- Typical yield
- 5.9%
Other units on the 5th floor
All 166 units in Marina Wharf Tower 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,287 sqft | AED 1.43MAED 1,432,000 · Jun 2009June 2009 | ||
| 502 | 3-bed | 1,377 sqft | AED 1.32MAED 1,320,000 · Oct 2018October 2018 | 114,000 /yr | |
| 503 | 2-bed | 759 sqft | AED 1.18MAED 1,182,000 · Jun 2013June 2013 | 82,000 /yr | |
| 504 | 2-bed | 759 sqft | AED 1.03MAED 1,025,000 · Nov 2022November 2022 | 110,000 /yr | |
| 506 | 3-bed | 1,256 sqft | AED 2.1MAED 2,100,000 · Jul 2023July 2023 | 135,000 /yr |
505, Marina Wharf Tower 2 in numbers
- Sold once: by Dheeraj & East Coast on 31 May 2009 for AED 1,260,635, or AED 1,012 per sqft.
- Rented since November 2019 on 3 Ejari contracts, from AED 90,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2009 price is 11.5%, before a service charge of about AED 21,000 a year (AED 16.88 per sqft).
- Three-beds in Marina Wharf Tower 2 sold for AED 2,250,000–2,250,000 in the 12 months to November 2026; the building's median across all types is AED 1,862 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 29 September 2024.
Questions about 505, Marina Wharf Tower 2
What did unit 505 last sell for?
AED 1,260,635 on 31 May 2009, sold by the developer: AED 1,012 per sqft for 1,245 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 145,000 a year on the contract signed on 29 September 2024. The previous contract, from September 2022, was AED 110,000; the unit has been rented since November 2019.
How big is unit 505?
1,245 sqft (115.7 sqm): a three-bedroom apartment on the 5th floor of a 27-storey tower completed in 2014.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Wharf Tower 2 sold for AED 2,250,000 to 2,250,000 in the last 12 months, around AED 1,748 per sqft.
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Mortgage on 505, Marina Wharf Tower 2
Starts from the last sale price (AED 1.26M, 31 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,260,635
- Deposit, UAE resident (20%)
- AED 252,127
- Deposit, non-resident (40%)
- AED 504,254
- Monthly over 25 years at 3.7%
- AED 5,158
Plus AED 57,956 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →