2-bed · 1,131 sqft52-42 Tower 2, Dubai Marina · 16th floor · completed 2020

1603, 52-42 Tower 2

Sold prices and rental history: sold 3 times, last in August 2021, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 20 April 2023
Last soldAED 2.4M4 August 2021
Current rentAED 210K /yr20 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, 52-42 Tower 2

What is 1603 worth today?

Last sold for AED 2,400,000 in 2021

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20 Apr 2023RentedNew contract
AED 210,000/yr23 months · AED 186 per sqft
4 Aug 2021SoldReady
AED 2,400,000AED 2,121 per sqft
14 Feb 2021SoldOff-plan
AED 1,800,000AED 1,591 per sqft
23 Jun 2016Sold by developerOff-plan
AED 2,320,888AED 2,051 per sqft

Source: Dubai Land Department. Updated 20 April 2023.

Key facts

Type
2-bed apartment
Size
1,131 sqft
Floor
16th of 34
Parking
3F-068
Developer
Emaar
Completed
2020
Last sold
AED 2.4M · August 2021

About 1603, 52-42 Tower 2

1603 is a two-bedroom apartment of 1,131 sqft on the 16th floor of 52-42 Tower 2, a 34-storey tower in Dubai Marina completed in 2020 by Emaar. It last sold on 4 August 2021 for AED 2,400,000, or AED 2,121 per sqft, 30% above the AED 1,635 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 April 2023. The current contract, signed on 20 April 2023, is AED 210,000 a year: a gross yield of 8.8% on the 2021 price.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical two-bed in 52-42 Tower 2
2M3M2016201920222025Typical sale price by year: 2016 AED 2,068,888; 2017 AED 2,030,888; 2018 AED 2,068,888; 2019 AED 2,272,388; 2020 AED 1,766,500; 2021 AED 2,133,888; 2022 AED 2,250,000; 2023 AED 2,950,000; 2024 AED 2,900,000; 2025 AED 2,750,000Sold by developer, June 2016: AED 2,320,888 (AED 2,051 per sqft)Sold, February 2021: AED 1,800,000 (AED 1,591 per sqft)Sold, August 2021: AED 2,400,000 (AED 2,121 per sqft)

1603 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, each contractTypical two-bed in 52-42 Tower 2
150K200K2021202320252027Typical rent by year: 2021 AED 152,500; 2022 AED 150,000; 2023 AED 166,304; 2024 AED 192,500; 2025 AED 195,000; 2026 AED 195,000New contract, April 2023: AED 210,000 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 2, and where 1603 sits

All 87 2-beds →

1603 last sold in August 2021 at AED 2,121 per sqft, 30% above what two-beds in 52-42 Tower 2 were fetching at the time (AED 1,635). Over the last 12 months two-beds sold for AED 2,500,000 to 3,900,000, around AED 2,837 per sqft, and rent for AED 170,000 to 242,000 a year. 1603's AED 210,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Jan 20263,900,000
26 Dec 20252,500,000
14 Apr 20253,250,000
3 Mar 20253,000,000
2 2-bed sales in the last 12 months

52-42 Tower 2

Building

191 apartments, 1-bed to 4-bed over 34 floors in Dubai Marina, completed in 2020 by Emaar. 3 sold in the last 12 months.

Typical price per sqft
AED 3,455
Typical sale
AED 2.5M
Typical rent
AED 193K /yr
Typical yield
5.0%
52-42 Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 191 units in 52-42 Tower 2
Value
16011-bedAED 1.33M · Jun 2016
16022-bedAED 3.44M · May 2023
16041-bedAED 2.2M · Jun 2022
16052-bedAED 2.25M · Oct 2022
16062-bedAED 2.5M · Dec 2025
16072-bedAED 3M · Feb 2024
16082-bedAED 2.2M · Nov 2021

1603, 52-42 Tower 2 in numbers

  • Sold 3 times: first on 23 June 2016 for AED 2,320,888, last on 4 August 2021 for AED 2,400,000 (AED 2,121 per sqft).
  • Rented since April 2023 on one Ejari contract, at AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2021 price is 8.8%.
  • Two-beds in 52-42 Tower 2 sold for AED 2,500,000–3,900,000 in the 12 months to November 2026; the building's median across all types is AED 3,455 per sqft.

Source: Dubai Land Department. Updated 20 April 2023.

Questions about 1603, 52-42 Tower 2

What did unit 1603 last sell for?

AED 2,400,000 on 4 August 2021: AED 2,121 per sqft for 1,131 sqft. The unit has 3 registered sales; the first was AED 2,320,888 in June 2016.

What is the rent for unit 1603?

AED 210,000 a year on the contract signed on 20 April 2023.

How big is unit 1603?

1,131 sqft (105.1 sqm): a two-bedroom apartment on the 16th floor of a 34-storey tower completed in 2020.

What is unit 1603 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 2 sold for AED 2,500,000 to 3,900,000 in the last 12 months, around AED 2,837 per sqft.

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Mortgage on 1603, 52-42 Tower 2

Starts from the last sale price (AED 2.4M, 4 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →