1603, Blakely
Sold prices and rental history: sold twice, last in January 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Blakely
What is 1603 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 8 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,463 sqft
- Floor
- 16th of 27
- Parking
- P1-1048
- Developer
- Emaar
- Completed
- 2010
- Service charge
- AED 15,300 /yr
- Last sold
- AED 1.86M · January 2011
- Building
- Blakely
About 1603, Blakely
1603 is a two-bedroom apartment of 1,463 sqft on the 16th floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 25 January 2011 for AED 1,863,888, or AED 1,273 per sqft, 9% above the AED 1,165 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 8 June 2025, is AED 140,000 a year: a gross yield of 7.5% on the 2011 price, before the service charge of about AED 15,300 a year.
Sales and rents for 1603 over time
1603 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Blakely, and where 1603 sits
All 51 2-beds →1603 last sold in January 2011 at AED 1,273 per sqft, 9% above what two-beds in Blakely were fetching at the time (AED 1,165). 1603's AED 140,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 18 May 202518 May 2025 | 1,463 sqft | 2,940,000 | 2,009 | ||
| 14 Mar 202514 March 2025 | 1,463 sqft | 2,600,000 | 1,777 | ||
| 20 Dec 202420 December 2024 | 1,463 sqft | 2,600,000 | 1,777 | ||
| 29 Mar 202429 March 2024 | 1,463 sqft | 2,400,000 | 1,640 |
Blakely
Building164 apartments, 1-bed to 3-bed over 27 floors in Dubai Marina, completed in 2010 by Emaar. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,952
- Typical sale
- AED 1.8M
- Typical rent
- AED 105K /yr
- Typical yield
- 5.9%
Other units on the 16th floor
All 164 units in Blakely| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 909 sqft | AED 858KAED 857,888 · Mar 2012March 2012 | 105,000 /yr | |
| 1602 | 2-bed | 1,361 sqft | AED 1.36MAED 1,362,888 · Mar 2011March 2011 | 140,000 /yr | |
| 1604 | 1,052 sqft | AED 867KAED 866,888 · May 2011May 2011 | |||
| 1605 | 1-bed | 709 sqft | AED 703KAED 702,888 · Jun 2011June 2011 | 92,000 /yr | |
| 1606 | 1-bed | 922 sqft | AED 1.55MAED 1,550,000 · Nov 2013November 2013 | 85,000 /yr |
1603, Blakely in numbers
- Sold twice: first on 5 August 2009 for AED 1,863,888, last on 25 January 2011 for AED 1,863,888 (AED 1,273 per sqft).
- Rented since March 2015 on 11 Ejari contracts. The rent fell from AED 198,333 to AED 115,000 in 2021 and recovered to AED 140,000 by June 2025.
- At AED 140,000 a year the gross yield on the 2011 price is 7.5%, before a service charge of about AED 15,300 a year (AED 10.47 per sqft).
Source: Dubai Land Department. Updated 8 June 2025.
Questions about 1603, Blakely
What did unit 1603 last sell for?
AED 1,863,888 on 25 January 2011: AED 1,273 per sqft for 1,463 sqft. The unit has 2 registered sales; the first was AED 1,863,888 in August 2009.
What is the rent for unit 1603?
AED 140,000 a year on the contract renewed on 8 June 2025. The previous contract, from June 2024, was AED 140,000; the unit has been rented since March 2015.
How big is unit 1603?
1,463 sqft (135.9 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2010.
What is unit 1603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 1603? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1603, Blakely
Starts from the last sale price (AED 1.86M, 25 January 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,863,888
- Deposit, UAE resident (20%)
- AED 372,778
- Deposit, non-resident (40%)
- AED 745,555
- Monthly over 25 years at 3.7%
- AED 7,626
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →