2-bed · 1,149 sqftMarina Vista Tower 1, Dubai Harbour · 16th floor · completed 2023

1602, Marina Vista Tower 1

Sold prices and rental history: sold twice, last in April 2023, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 4.85M10 April 2023
Current rentAED 249K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Marina Vista Tower 1

What is 1602 worth today?

Last sold for AED 4,850,000 in 2023

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1 Oct 2024RentedNew contract
AED 248,571/yr14 months · AED 216 per sqft
10 Apr 2023SoldReady
AED 4,850,000AED 4,220 per sqft
5 Oct 2020Sold by developerOff-plan
AED 3,055,888AED 2,660 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,149 sqft
Floor
16th of 27
Parking
M-12
Developer
Emaar
Completed
2023
Service charge
AED 22,000 /yr
Last sold
AED 4.85M · April 2023

About 1602, Marina Vista Tower 1

1602 is a two-bedroom apartment of 1,149 sqft on the 16th floor of Marina Vista Tower 1, a 27-storey tower in Dubai Harbour completed in 2023 by Emaar. It last sold on 10 April 2023 for AED 4,850,000, or AED 4,220 per sqft, 21% above the AED 3,483 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2024. The current contract, signed on 1 October 2024, is AED 248,571 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 22,000 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical two-bed in Marina Vista Tower 1
3M4M5M2019202120232025Typical sale price by year: 2019 AED 3,087,388; 2020 AED 3,055,888; 2021 AED 3,546,888; 2022 AED 3,889,255; 2023 AED 4,100,000; 2024 AED 4,600,000; 2025 AED 4,600,000Sold by developer, October 2020: AED 3,055,888 (AED 2,660 per sqft)Sold, April 2023: AED 4,850,000 (AED 4,220 per sqft)

1602 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, each contractTypical two-bed in Marina Vista Tower 1
220K240K202420252026Typical rent by year: 2024 AED 220,000; 2025 AED 227,500New contract, October 2024: AED 248,571 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Marina Vista Tower 1, and where 1602 sits

All 57 2-beds →

1602 last sold in April 2023 at AED 4,220 per sqft, 21% above what two-beds in Marina Vista Tower 1 were fetching at the time (AED 3,483). 1602's AED 248,571 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Jul 20254,600,000
19 Jun 20255,070,000
27 May 20254,080,000
19 May 20254,800,000
0 2-bed sales in the last 12 months

Marina Vista Tower 1

Building

238 apartments, 1-bed to 3-bed over 27 floors in Dubai Harbour, completed in 2023 by Emaar. 7 sold in the last 12 months.

Typical price per sqft
AED 2,787
Typical sale
AED 2.3M
Typical rent
AED 173K /yr
Typical yield
6.7%
Marina Vista Tower 1, Dubai Harbour: prices, sales and rents →

Other units on the 16th floor

All 238 units in Marina Vista Tower 1
Value
16012-bedAED 3.9M · Mar 2023
16033-bedAED 5.15M · Sep 2021
16041-bedAED 1.78M · Apr 2020
16051-bedAED 2.4M · Apr 2023
16061-bedAED 2.08M · Jan 2022
16071-bedAED 2.35M · Oct 2023
16081-bedAED 1.73M · Apr 2020
1–7 of 8

1602, Marina Vista Tower 1 in numbers

  • Sold twice: first on 5 October 2020 for AED 3,055,888, last on 10 April 2023 for AED 4,850,000 (AED 4,220 per sqft).
  • Rented since October 2024 on one Ejari contract, at AED 248,571 a year.
  • At AED 248,571 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 22,000 a year (AED 19.16 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Questions about 1602, Marina Vista Tower 1

What did unit 1602 last sell for?

AED 4,850,000 on 10 April 2023: AED 4,220 per sqft for 1,149 sqft. The unit has 2 registered sales; the first was AED 3,055,888 in October 2020.

What is the rent for unit 1602?

AED 248,571 a year on the contract signed on 1 October 2024.

How big is unit 1602?

1,149 sqft (106.7 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2023.

What is unit 1602 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 1602, Marina Vista Tower 1

Starts from the last sale price (AED 4.85M, 10 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,850,000
Deposit, UAE resident (20%)
AED 970,000
Deposit, non-resident (40%)
AED 1,940,000
Monthly over 25 years at 3.7%
AED 19,843

Plus AED 208,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →