2-bed · 1,122 sqft52-42 Tower 1, Dubai Marina · 16th floor · completed 2020

1602, 52-42 Tower 1

Sold prices and rental history: sold twice, last in March 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 17 March 2021
Last soldAED 2.36M17 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, 52-42 Tower 1

What is 1602 worth today?

Last sold for AED 2,360,000 in 2021

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17 Mar 2021SoldOff-plan
AED 2,360,000AED 2,102 per sqft
26 May 2016Sold by developerOff-plan
AED 2,359,888AED 2,102 per sqft

Source: Dubai Land Department. Updated 17 March 2021.

Key facts

Type
2-bed apartment
Size
1,122 sqft
Floor
16th of 47
Parking
4F-032
Developer
Emaar
Completed
2020
Last sold
AED 2.36M · March 2021

About 1602, 52-42 Tower 1

1602 is a two-bedroom apartment of 1,122 sqft on the 16th floor of 52-42 Tower 1, a 47-storey tower in Dubai Marina completed in 2020 by Emaar. It last sold on 17 March 2021 for AED 2,360,000, or AED 2,102 per sqft, 38% above the AED 1,522 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical two-bed in 52-42 Tower 1
2M3M4M2016201920222025Typical sale price by year: 2016 AED 2,213,888; 2017 AED 2,354,888; 2018 AED 1,900,000; 2019 AED 2,051,888; 2020 AED 1,875,000; 2021 AED 2,438,388; 2022 AED 2,471,444; 2023 AED 3,300,000; 2024 AED 3,200,000; 2025 AED 3,750,000Sold by developer, May 2016: AED 2,359,888 (AED 2,102 per sqft)Sold, March 2021: AED 2,360,000 (AED 2,102 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 52-42 Tower 1
150K200K2021202320252027Typical rent by year: 2021 AED 145,000; 2022 AED 150,000; 2023 AED 165,000; 2024 AED 180,000; 2025 AED 185,000; 2026 AED 215,000

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

2-beds in 52-42 Tower 1, and where 1602 sits

All 151 2-beds →

1602 last sold in March 2021 at AED 2,102 per sqft, 38% above what two-beds in 52-42 Tower 1 were fetching at the time (AED 1,522). Over the last 12 months two-beds sold for AED 3,300,000, around AED 2,787 per sqft, and rent for AED 127,500 to 220,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Jun 20253,275,000
12 May 20254,035,000
22 Apr 20253,400,000
14 Mar 20253,750,000
1 2-bed sale in the last 12 months

52-42 Tower 1

Building

295 apartments, 1-bed to 4-bed over 47 floors in Dubai Marina, completed in 2020 by Emaar. 7 sold in the last 12 months.

Typical price per sqft
AED 3,385
Typical sale
AED 5.83M
Typical rent
AED 158K /yr
Typical yield
5.5%
52-42 Tower 1, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 295 units in 52-42 Tower 1
Value
16011-bedAED 1.4M · Jun 2016
16032-bedAED 2.34M · Jul 2016
16041-bedAED 2M · Aug 2022
16052-bedAED 2.1M · Mar 2022
16062-bedAED 2.22M · Jul 2016
16072-bedAED 2M · Jan 2022
16082-bedAED 2M · Jan 2022

1602, 52-42 Tower 1 in numbers

  • Sold twice: first on 26 May 2016 for AED 2,359,888, last on 17 March 2021 for AED 2,360,000 (AED 2,102 per sqft).
  • Two-beds in 52-42 Tower 1 sold for AED 3,300,000–3,300,000 in the 12 months to November 2026; the building's median across all types is AED 3,385 per sqft.

Source: Dubai Land Department. Updated 17 March 2021.

Questions about 1602, 52-42 Tower 1

What did unit 1602 last sell for?

AED 2,360,000 on 17 March 2021: AED 2,102 per sqft for 1,122 sqft. The unit has 2 registered sales; the first was AED 2,359,888 in May 2016.

How big is unit 1602?

1,122 sqft (104.2 sqm): a two-bedroom apartment on the 16th floor of a 47-storey tower completed in 2020.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 52-42 Tower 1 sold for AED 3,300,000 to 3,300,000 in the last 12 months, around AED 2,787 per sqft.

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Mortgage on 1602, 52-42 Tower 1

Starts from the last sale price (AED 2.36M, 17 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,360,000
Deposit, UAE resident (20%)
AED 472,000
Deposit, non-resident (40%)
AED 944,000
Monthly over 25 years at 3.7%
AED 9,655

Plus AED 104,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →