5242 Tower 1, Dubai

5242 Tower 1

What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.

5242 Tower 1 — recorded rents by layout for Dubai Marina, from 18,356 Ejari contracts in the year; its own gross yield 3.4% (1 B/R). 2 for rent with McCone, AED 130K – 135K / year. 2 for sale →

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Fatmata Binta Bah

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Renting in 5242 Tower 1? Fatmata can walk you through what these numbers mean for you.

Fatmata is marketing 2 homes for rent in 5242 Tower 1 right now.

Community
Dubai Marina
Handed over
2021 — the first year resales of completed homes appear in numbers on the register, not the developer’s date
First on record
2016 — an off-plan sale
Sales on record
515 — registered at the Dubai Land Department, the latest September 2026
Off-plan share
61% — 315 bought off-plan from the developer, 200 resales of a completed home

Every recorded sale in 5242 Tower 1 — prices, sizes and the year it was handed over →

How 5242 Tower 1 compares — every tower in Dubai Marina, ranked by recorded price →

What 5242 Tower 1's neighbours let for — every tower in Dubai Marina the register names, ranked →

Living in Dubai Marina — the area guide →

What a home in 5242 Tower 1 returns on its rent — the yield calculator →

Dubai Marina rent per sq ft
AED 96
a year · 18,356 contracts in Dubai Marina
Gross yield
3.4%
1 B/R · Dubai Marina rents over its own sale prices
Recorded sale price
AED 3,255
per sq ft · 515 sales on record
Handed over
2021
Derived from the register

The area, not the building

Recorded rents in Dubai Marina

The register does not name 5242 Tower 1 on enough contracts to quote it alone, so these are the community's figures — every tenancy registered in the last twelve months, read from the DLD area Marsa Dubai, which also covers Bluewaters, Dubai Harbour and Jumeirah Beach Residence. The full Dubai Marina rental report →

LayoutMedian rentMean rentNew leaseRenewalPer sq ft / yearContracts
Studio60,50066,09462,00060,5001351,195
1 B/R92,500101,06395,00090,0001107,842
2 B/R140,000158,672145,000138,5021046,563
PENTHOUSE190,000205,058190,000205,0007214
3 B/R200,000239,599215,000195,000962,345
4 B/R290,000358,538300,000284,77092363
5 B/R615,000614,623742,500290,0008432

A community figure, not this building’s. A tower priced below its neighbours usually lets below them too; a tower priced above them, above. Use these as the range the building sits in.

Rent against price

Gross yield in 5242 Tower 1

The rent per square foot a year recorded across Dubai Marina, over this building's own recorded resale price per square foot — an indicative figure, since the rent is the area's and the price is the building's.

LayoutRent / sq ft / yearRent fromSale / sq ftGross yield
2 B/R104Dubai Marina · 6,5632,8843.6%
3 B/R96Dubai Marina · 2,3453,1283.1%
1 B/R110Dubai Marina · 7,8423,2473.4%

Gross: before service charges, agency fees and any months empty between tenants. The sale side is completed homes sold here in the last three years, five or more of a layout.

Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The municipality’s housing fee on the DEWA bill is 5% of the same registered rent. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 28 Oct 2026.

Nearby

What else to look at in Dubai Marina

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Rove Home Dubai Marinanewest66420253,552
LIV Watersidenewest13020263,192
Sparkle Tower 35220152,049
Marina Gate 167820142,005
Vida Residences Dubai Marina70320171,993
Damac Heights1,01920091,988
Dubai Marina No.936520141,973
Stella Maris52620211,926
5242 Tower 233920161,908
Sparkle Tower 220620151,819

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Moving into 5242 Tower 1? Ejari, the DEWA move-in and your Makani number, explained.

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Fatmata Binta Bah

Fatmata Binta Bah

Your agent in 5242 Tower 1