3-bed · 1,848 sqftDorra Bay Tower, Dubai Marina · 16th floor · completed 2008

1602, Dorra Bay Tower

Sold prices and rental history: sold 3 times, last in December 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 7 February 2025
Last soldAED 950K28 December 2022
Current rentAED 270K /yr7 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Dorra Bay Tower

What is 1602 worth today?

Last sold for AED 950,000 in 2022

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7 Feb 2025RentedNew contract
AED 270,000/yr12 months · AED 146 per sqft
1 Jan 2023RentedNew contract · flagged as an outlier
AED 30,000/yr24 months · AED 16 per sqft
28 Dec 2022SoldReady
AED 950,000AED 514 per sqft
21 Apr 2022SoldReady
AED 1,250,000AED 676 per sqft
18 Mar 2021RentedNew contract
AED 125,000/yr12 months · AED 68 per sqft
26 Apr 2009Sold by developerReady
AED 1,771,727AED 958 per sqft

Source: Dubai Land Department. Updated 7 February 2025.

Key facts

Type
3-bed apartment
Size
1,848 sqft
Floor
16th of 21
Parking
42A / 43A
Developer
Cayan Real Estate Investment & Development
Completed
2008
Service charge
AED 38,800 /yr
Last sold
AED 950K · December 2022

About 1602, Dorra Bay Tower

1602 is a three-bedroom apartment of 1,848 sqft on the 16th floor of Dorra Bay Tower, a 21-storey tower in Dubai Marina completed in 2008 by Cayan Real Estate Investment & Development. It last sold on 28 December 2022 for AED 950,000, or AED 514 per sqft, 35% below the AED 790 three-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 7 February 2025, is AED 270,000 a year: a gross yield of 28.4% on the 2022 price, before the service charge of about AED 38,800 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical three-bed in Dorra Bay Tower
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,520,668; 2011 AED 1,787,500; 2012 AED 1,962,500; 2013 AED 2,500,000; 2014 AED 2,860,000; 2015 AED 1,821,123; 2019 AED 1,275,000; 2020 AED 1,550,000; 2021 AED 2,187,500; 2022 AED 1,823,500; 2023 AED 2,200,000; 2025 AED 2,787,500Sold by developer, April 2009: AED 1,771,727 (AED 958 per sqft)Sold, April 2022: AED 1,250,000 (AED 676 per sqft)Sold, December 2022: AED 950,000 (AED 514 per sqft)

1602 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1602, each contractTypical three-bed in Dorra Bay Tower
100K200K2012201620202024Typical rent by year: 2012 AED 135,750; 2013 AED 150,000; 2014 AED 180,000; 2015 AED 160,000; 2016 AED 165,000; 2017 AED 164,000; 2018 AED 150,000; 2019 AED 120,000; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 126,500; 2023 AED 139,150; 2024 AED 167,500; 2025 AED 175,000; 2026 AED 175,000New contract, March 2021: AED 125,000 a yearNew contract, February 2025: AED 270,000 a year

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

3-beds in Dorra Bay Tower, and where 1602 sits

All 48 3-beds →

1602 last sold in December 2022 at AED 514 per sqft, 35% below what three-beds in Dorra Bay Tower were fetching at the time (AED 790). Over the last 12 months three-beds sold for AED 2,910,000, around AED 1,442 per sqft, and rent for AED 164,000 to 190,000 a year. 1602's AED 270,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
19 Jan 20262,910,000
22 Jul 20252,850,000
15 Apr 20253,050,000
17 Mar 20252,725,000
1 3-bed sale in the last 12 months

Dorra Bay Tower

Building

189 apartments, 1-bed to 4-bed over 21 floors in Dubai Marina, completed in 2008 by Cayan Real Estate Investment & Development. 6 sold in the last 12 months.

Typical price per sqft
AED 1,414
Typical sale
AED 2.18M
Typical rent
AED 100K /yr
Typical yield
7.3%
Dorra Bay Tower, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 189 units in Dorra Bay Tower
Value
16013-bedAED 2.73M · Mar 2025
1603AED 1.6M · Sep 2022
16044-bedAED 4.15M · Jul 2022
16052-bedAED 2.3M · Nov 2024
16062-bedAED 2.15M · May 2025
16072-bedAED 2.09M · Apr 2025
16082-bedAED 2.23M · Jun 2024

1602, Dorra Bay Tower in numbers

  • Sold 3 times: first on 26 April 2009 for AED 1,771,727, last on 28 December 2022 for AED 950,000 (AED 514 per sqft).
  • Rented since March 2021 on 3 Ejari contracts. The rent fell from AED 125,000 to AED 30,000 in 2023 and recovered to AED 270,000 by February 2025.
  • At AED 270,000 a year the gross yield on the 2022 price is 28.4%, before a service charge of about AED 38,800 a year (AED 20.98 per sqft).
  • Three-beds in Dorra Bay Tower sold for AED 2,910,000–2,910,000 in the 12 months to November 2026; the building's median across all types is AED 1,414 per sqft.

Source: Dubai Land Department. Updated 7 February 2025.

Questions about 1602, Dorra Bay Tower

What did unit 1602 last sell for?

AED 950,000 on 28 December 2022: AED 514 per sqft for 1,848 sqft. The unit has 3 registered sales; the first was AED 1,771,727 in April 2009.

What is the rent for unit 1602?

AED 270,000 a year on the contract signed on 7 February 2025. The previous contract, from January 2023, was AED 30,000; the unit has been rented since March 2021.

How big is unit 1602?

1,848 sqft (171.7 sqm): a three-bedroom apartment on the 16th floor of a 21-storey tower completed in 2008.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Dorra Bay Tower sold for AED 2,910,000 to 2,910,000 in the last 12 months, around AED 1,442 per sqft.

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Mortgage on 1602, Dorra Bay Tower

Starts from the last sale price (AED 950K, 28 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →