2-bed · 1,184 sqft52-42 Tower 1, Dubai Marina · 16th floor · completed 2020

1607, 52-42 Tower 1

Sold prices and rental history: sold 3 times, last in January 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 15 July 2023
Last soldAED 2M3 January 2022
Current rentAED 85K /yr15 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, 52-42 Tower 1

What is 1607 worth today?

Last sold for AED 2,000,000 in 2022

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15 Jul 2023RentedRenewal
AED 85,000/yr24 months · AED 72 per sqft
15 Jul 2022RentedNew contract
AED 160,000/yr12 months · AED 135 per sqft
3 Jan 2022SoldReady
AED 2,000,000AED 1,689 per sqft
8 Oct 2019SoldOff-plan
AED 1,946,405AED 1,644 per sqft
13 Jun 2016Sold by developerOff-plan
AED 2,289,888AED 1,934 per sqft

Source: Dubai Land Department. Updated 15 July 2023.

Key facts

Type
2-bed apartment
Size
1,184 sqft
Floor
16th of 47
Parking
3F-064
Developer
Emaar
Completed
2020
Last sold
AED 2M · January 2022

About 1607, 52-42 Tower 1

1607 is a two-bedroom apartment of 1,184 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 3 January 2022 for AED 2,000,000, or AED 1,689 per sqft, 18% below the AED 2,057 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 15 July 2023, is AED 85,000 a year: a gross yield of 4.3% on the 2022 price.

Sales and rents for 1607 over time

Sales
Unit 1607, 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, June 2016: AED 2,289,888 (AED 1,934 per sqft)Sold, October 2019: AED 1,946,405 (AED 1,644 per sqft)Sold, January 2022: AED 2,000,000 (AED 1,689 per sqft)

1607 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1607, each contractTypical two-bed in 52-42 Tower 1
100K200K2021202320252027Typical 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 215,000New contract, July 2022: AED 160,000 a yearRenewal, July 2023: AED 85,000 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 52-42 Tower 1, and where 1607 sits

All 151 2-beds →

1607 last sold in January 2022 at AED 1,689 per sqft, 18% below what two-beds in 52-42 Tower 1 were fetching at the time (AED 2,057). 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. 1607's AED 85,000 is at the bottom of that range.

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
16022-bedAED 2.36M · Mar 2021
16032-bedAED 2.34M · Jul 2016
16041-bedAED 2M · Aug 2022
16052-bedAED 2.1M · Mar 2022
16062-bedAED 2.22M · Jul 2016
16082-bedAED 2M · Jan 2022

1607, 52-42 Tower 1 in numbers

  • Sold 3 times: first on 13 June 2016 for AED 2,289,888, last on 3 January 2022 for AED 2,000,000 (AED 1,689 per sqft).
  • Rented since July 2022 on 2 Ejari contracts, from AED 160,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 4.3%.
  • 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 15 July 2023.

Questions about 1607, 52-42 Tower 1

What did unit 1607 last sell for?

AED 2,000,000 on 3 January 2022: AED 1,689 per sqft for 1,184 sqft. The unit has 3 registered sales; the first was AED 2,289,888 in June 2016.

What is the rent for unit 1607?

AED 85,000 a year on the contract renewed on 15 July 2023. The previous contract, from July 2022, was AED 160,000.

How big is unit 1607?

1,184 sqft (110.0 sqm): a two-bedroom apartment on the 16th floor of a 47-storey tower completed in 2020.

What is unit 1607 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 1607, 52-42 Tower 1

Starts from the last sale price (AED 2M, 3 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →