1602, Marina Arcade Tower
Sold prices and rental history: sold once, by the developer in January 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Marina Arcade Tower
What is 1602 worth today?
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Source: Dubai Land Department. Updated 24 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,200 sqft
- Parking
- 1F-42
- Developer
- Marina Arcade Real Estate
- Completed
- 2017
- Service charge
- AED 18,900 /yr
- Last sold
- AED 1.54M · January 2019
- Building
- Marina Arcade Tower
About 1602, Marina Arcade Tower
1602 is a two-bedroom apartment of 1,200 sqft of Marina Arcade Tower, a 45-storey tower in Dubai Marina completed in 2017 by Marina Arcade Real Estate. The developer sold it on 30 January 2019 for AED 1,540,000, or AED 1,283 per sqft, 3% below the AED 1,329 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 24 December 2024, is AED 145,000 a year: a gross yield of 9.4% on the 2019 price, before the service charge of about AED 18,900 a year.
Sales and rents for 1602 over time
1602 has sold once; 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 Marina Arcade Tower, and where 1602 sits
All 191 2-beds →1602 last sold in January 2019 at AED 1,283 per sqft, 3% below what two-beds in Marina Arcade Tower were fetching at the time (AED 1,329). Over the last 12 months two-beds sold for AED 2,200,000, around AED 1,377 per sqft, and rent for AED 110,000 to 170,000 a year. 1602's AED 145,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Dec 202529 December 2025 | 1,163 sqft | 25,511 | 21 | ||
| 8 Dec 20258 December 2025 | 1,597 sqft | 2,200,000 | 1,377 | ||
| 20 Jun 202520 June 2025 | 1,163 sqft | 92,002 | 79 | ||
| 13 Jun 202513 June 2025 | 2,420 sqft | 2,919,700 | 1,206 |
Marina Arcade Tower
Building19 apartments, studios to 4-bed over 45 floors in Dubai Marina, completed in 2017 by Marina Arcade Real Estate. 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,553
- Typical sale
- AED 2.2M
- Typical rent
- AED 130K /yr
- Typical yield
- 6.7%
1602, Marina Arcade Tower in numbers
- Sold once: by Marina Arcade Real Estate on 30 January 2019 for AED 1,540,000, or AED 1,283 per sqft.
- Rented since October 2020 on 6 Ejari contracts, from AED 85,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2019 price is 9.4%, before a service charge of about AED 18,900 a year (AED 15.77 per sqft).
- Two-beds in Marina Arcade Tower sold for AED 2,200,000–2,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,553 per sqft.
Source: Dubai Land Department. Updated 24 December 2024.
Questions about 1602, Marina Arcade Tower
What did unit 1602 last sell for?
AED 1,540,000 on 30 January 2019, sold by the developer: AED 1,283 per sqft for 1,200 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 145,000 a year on the contract signed on 24 December 2024. The previous contract, from November 2023, was AED 113,400; the unit has been rented since October 2020.
How big is unit 1602?
1,200 sqft (111.5 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Arcade Tower sold for AED 2,200,000 to 2,200,000 in the last 12 months, around AED 1,377 per sqft.
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Mortgage on 1602, Marina Arcade Tower
Starts from the last sale price (AED 1.54M, 30 January 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,540,000
- Deposit, UAE resident (20%)
- AED 308,000
- Deposit, non-resident (40%)
- AED 616,000
- Monthly over 25 years at 3.7%
- AED 6,301
Plus AED 69,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →