507, The Belvedere
Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, The Belvedere
What is 507 worth today?
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Source: Dubai Land Department. Updated 5 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,023 sqft
- Floor
- 5th of 6
- Parking
- 51
- Developer
- ETA Star Property Developers
- Completed
- 2010
- Service charge
- AED 12,300 /yr
- Last sold
- AED 655K · July 2022
- Building
- The Belvedere
About 507, The Belvedere
507 is a one-bedroom apartment of 1,023 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 25 July 2022 for AED 655,000, or AED 640 per sqft, 4% below the AED 665 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 5 October 2024, is AED 74,000 a year: a gross yield of 11.3% on the 2022 price, before the service charge of about AED 12,300 a year.
Sales and rents for 507 over time
507 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in The Belvedere, and where 507 sits
All 23 1-beds →507 last sold in July 2022 at AED 640 per sqft, 4% below what one-beds in The Belvedere were fetching at the time (AED 665).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Aug 202415 August 2024 | 818 sqft | 930,000 | 1,136 | ||
| 6 Mar 20246 March 2024 | 1,017 sqft | 1,100,000 | 1,081 | ||
| 21 Dec 202321 December 2023 | 818 sqft | 800,000 | 978 | ||
| 6 Oct 20236 October 2023 | 1,023 sqft | 950,000 | 928 |
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 | |
| 502 | 2-bed | 1,518 sqft | AED 1.15MAED 1,150,000 · Aug 2023August 2023 | 85,000 /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 | |
| 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 |
507, The Belvedere in numbers
- Sold twice: first on 3 August 2008 for AED 690,525, last on 25 July 2022 for AED 655,000 (AED 640 per sqft).
- Rented since December 2014 on 9 Ejari contracts. The rent fell from AED 90,000 to AED 38,000 in 2020 and recovered to AED 74,000 by October 2024.
- At AED 74,000 a year the gross yield on the 2022 price is 11.3%, before a service charge of about AED 12,300 a year (AED 12.00 per sqft).
Source: Dubai Land Department. Updated 5 October 2024.
Questions about 507, The Belvedere
What did unit 507 last sell for?
AED 655,000 on 25 July 2022: AED 640 per sqft for 1,023 sqft. The unit has 2 registered sales; the first was AED 690,525 in August 2008.
What is the rent for unit 507?
AED 74,000 a year on the contract renewed on 5 October 2024. The previous contract, from September 2022, was AED 60,000; the unit has been rented since December 2014.
How big is unit 507?
1,023 sqft (95.0 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2010.
What is unit 507 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 507, The Belvedere
Starts from the last sale price (AED 655K, 25 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 655,000
- Deposit, UAE resident (20%)
- AED 131,000
- Deposit, non-resident (40%)
- AED 262,000
- Monthly over 25 years at 3.7%
- AED 2,680
Plus AED 32,520 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →