1609, Dream Towers 1
Sold prices and rental history: sold 5 times, last in November 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1609, Dream Towers 1
What is 1609 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 729 sqft
- Floor
- 16th of 29
- Parking
- B2-F1609
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 16,300 /yr
- Last sold
- AED 770K · November 2023
- Building
- Dream Towers 1
About 1609, Dream Towers 1
1609 is a one-bedroom apartment of 729 sqft on the 16th floor of Dream Towers 1, a 29-storey tower in Dubai Marina completed in 2009 by Desert Dream Investments & Development Properties. It last sold on 27 November 2023 for AED 770,000, or AED 1,056 per sqft, 7% above the AED 985 one-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 26 March 2024, is AED 85,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 16,300 a year.
Sales and rents for 1609 over time
1609 has sold 5 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Dream Towers 1, and where 1609 sits
All 226 1-beds →1609 last sold in November 2023 at AED 1,056 per sqft, 7% above what one-beds in Dream Towers 1 were fetching at the time (AED 985). Over the last 12 months one-beds sold for AED 1,000,000 to 1,150,000, around AED 1,490 per sqft, and rent for AED 58,000 to 130,000 a year. 1609's AED 85,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Feb 20262 February 2026 | 678 sqft | 1,150,000 | 1,696 | ||
| 21 Jul 202521 July 2025 | 637 sqft | 900,000 | 1,413 | ||
| 30 Jun 202530 June 2025 | 694 sqft | 1,100,000 | 1,583 | ||
| 25 Jun 202525 June 2025 | 731 sqft | 970,000 | 1,326 |
Dream Towers 1
Building359 apartments, 1-bed to 2-bed over 29 floors in Dubai Marina, completed in 2009 by Desert Dream Investments & Development Properties. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,490
- Typical sale
- AED 1.08M
- Typical rent
- AED 78K /yr
- Typical yield
- 5.7%
Other units on the 16th floor
All 359 units in Dream Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 679 sqft | AED 930KAED 930,000 · Feb 2025February 2025 | 70,000 /yr | |
| 1602 | 1-bed | 774 sqft | AED 520KAED 520,000 · Mar 2021March 2021 | 36,000 /yr | |
| 1603 | 1-bed | 789 sqft | AED 1.02MAED 1,020,000 · Jul 2024July 2024 | 78,000 /yr | |
| 1604 | 1-bed | 731 sqft | AED 416KAED 416,000 · Jul 2010July 2010 | ||
| 1605 | 1-bed | 694 sqft | AED 820KAED 820,000 · Jun 2017June 2017 | 65,000 /yr | |
| 1606 | 2-bed | 1,251 sqft | No registered sale | 85,000 /yr | |
| 1607 | 2-bed | 1,251 sqft | No registered sale | 75,000 /yr | |
| 1608 | 1-bed | 678 sqft | AED 450KAED 450,000 · Jul 2017July 2017 | 85,000 /yr | |
| 1610 | 1-bed | 798 sqft | AED 800KAED 800,000 · Apr 2024April 2024 | 68,000 /yr | |
| 1611 | 1-bed | 779 sqft | AED 1.05MAED 1,050,000 · Sep 2014September 2014 | ||
| 1612 | 1-bed | 637 sqft | AED 950KAED 950,000 · May 2013May 2013 | 25,000 /yr | |
| 1613 | 2-bed | 1,522 sqft | No registered sale | 85,000 /yr | |
| 1614 | 2-bed | 1,522 sqft | No registered sale | 30,000 /yr |
1609, Dream Towers 1 in numbers
- Sold 5 times: first on 12 October 2010 for AED 297,000, last on 27 November 2023 for AED 770,000 (AED 1,056 per sqft).
- Rented since November 2021 on 3 Ejari contracts, from AED 41,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 16,300 a year (AED 22.41 per sqft).
- One-beds in Dream Towers 1 sold for AED 1,000,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,490 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 26 March 2024.
Questions about 1609, Dream Towers 1
What did unit 1609 last sell for?
AED 770,000 on 27 November 2023: AED 1,056 per sqft for 729 sqft. The unit has 5 registered sales; the first was AED 297,000 in October 2010.
What is the rent for unit 1609?
AED 85,000 a year on the contract signed on 26 March 2024. The previous contract, from November 2022, was AED 55,000; the unit has been rented since November 2021.
How big is unit 1609?
729 sqft (67.7 sqm): a one-bedroom apartment on the 16th floor of a 29-storey tower completed in 2009.
What is unit 1609 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Dream Towers 1 sold for AED 1,000,000 to 1,150,000 in the last 12 months, around AED 1,490 per sqft.
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Mortgage on 1609, Dream Towers 1
Starts from the last sale price (AED 770K, 27 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 770,000
- Deposit, UAE resident (20%)
- AED 154,000
- Deposit, non-resident (40%)
- AED 308,000
- Monthly over 25 years at 3.7%
- AED 3,150
Plus AED 37,350 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →