502, The Belvedere
Sold prices and rental history: sold 4 times, last in August 2023, 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, The Belvedere
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Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,518 sqft
- Floor
- 5th of 6
- Parking
- 01
- Developer
- ETA Star Property Developers
- Completed
- 2010
- Service charge
- AED 18,200 /yr
- Last sold
- AED 1.15M · August 2023
- Building
- The Belvedere
About 502, The Belvedere
502 is a two-bedroom apartment of 1,518 sqft on the 5th floor of The Belvedere, a 6-storey tower in Dubai Marina completed in 2010 by ETA Star Property Developers. It last sold on 28 August 2023 for AED 1,150,000, or AED 757 per sqft, in line with the AED 737 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 November 2022, is AED 85,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 18,200 a year.
Sales and rents for 502 over time
502 has sold 4 times; 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 The Belvedere, and where 502 sits
All 27 2-beds →502 last sold in August 2023 at AED 757 per sqft, in line with what two-beds in The Belvedere were fetching at the time (AED 737). 502's AED 85,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 May 202513 May 2025 | 1,518 sqft | 1,670,000 | 1,100 | ||
| 27 Jan 202527 January 2025 | 1,378 sqft | 1,375,000 | 997 | ||
| 27 Jan 202527 January 2025 | 1,410 sqft | 1,300,000 | 922 | ||
| 24 Jul 202424 July 2024 | 1,356 sqft | 1,400,000 | 1,032 |
The Belvedere
Building60 apartments, 1-bed to 3-bed over 6 floors in Dubai Marina, completed in 2010 by ETA Star Property Developers. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 115K /yr
- Typical yield
Other units on the 5th floor
All 60 units in The Belvedere| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 1,023 sqft | AED 1.07MAED 1,070,000 · Nov 2013November 2013 | 90,000 /yr | |
| 503 | 2-bed | 1,496 sqft | AED 1.3MAED 1,300,000 · Dec 2022December 2022 | ||
| 504 | 3-bed | 2,734 sqft | AED 1.8MAED 1,800,000 · Jul 2008July 2008 | 110,000 /yr | |
| 505 | 2-bed | 1,378 sqft | AED 1.38MAED 1,375,000 · Jan 2025January 2025 | 99,000 /yr | |
| 506 | 2-bed | 1,518 sqft | AED 700KAED 700,000 · Dec 2013December 2013 | 80,000 /yr | |
| 507 | 1-bed | 1,023 sqft | AED 655KAED 655,000 · Jul 2022July 2022 | 74,000 /yr | |
| 508 | 1-bed | 818 sqft | AED 303KAED 302,660 · Feb 2008February 2008 | 90,000 /yr | |
| 509 | 1-bed | 818 sqft | AED 1.13MAED 1,130,000 · Oct 2014October 2014 | 30,000 /yr |
502, The Belvedere in numbers
- Sold 4 times: first on 12 March 2009 for AED 987,000, last on 28 August 2023 for AED 1,150,000 (AED 757 per sqft).
- Rented since December 2013 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 60,000 in 2021 and recovered to AED 85,000 by November 2022.
- At AED 85,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 18,200 a year (AED 12.00 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2023.
Questions about 502, The Belvedere
What did unit 502 last sell for?
AED 1,150,000 on 28 August 2023: AED 757 per sqft for 1,518 sqft. The unit has 4 registered sales; the first was AED 987,000 in March 2009.
What is the rent for unit 502?
AED 85,000 a year on the contract signed on 1 November 2022. The previous contract, from September 2021, was AED 60,000; the unit has been rented since December 2013.
How big is unit 502?
1,518 sqft (141.0 sqm): a two-bedroom apartment on the 5th floor of a 6-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, The Belvedere
Starts from the last sale price (AED 1.15M, 28 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →