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2-bed · 1,599 sqftMarina Arcade Tower, Dubai Marina · completed 2017

1604, Marina Arcade Tower

Sold prices and rental history: sold once, by the developer in December 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 30 March 2024
Last soldAED 2M12 December 2023
Current rentAED 145K /yr30 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1604, Marina Arcade Tower

What is 1604 worth today?

Last sold for AED 2,001,400 in 2023

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30 Mar 2024RentedNew contract
AED 144,611/yr12 months · AED 91 per sqft
12 Dec 2023Sold by developerReady
AED 2,001,400AED 1,251 per sqft
19 Oct 2023RentedRenewal
AED 153,333/yr2 months · AED 96 per sqft
6 Oct 2019RentedNew contract
AED 115,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 30 March 2024.

Key facts

Type
2-bed apartment
Size
1,599 sqft
Parking
UB-99
Developer
Marina Arcade Real Estate
Completed
2017
Service charge
AED 25,200 /yr
Last sold
AED 2M · December 2023
Building
Marina Arcade Tower

About 1604, Marina Arcade Tower

1604 is a two-bedroom apartment of 1,599 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 12 December 2023 for AED 2,001,400, or AED 1,251 per sqft, 14% below the AED 1,458 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 30 March 2024, is AED 144,611 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 25,200 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, each saleTypical two-bed in Marina Arcade Tower
1M2M2016201920222025Typical sale price by year: 2016 AED 1,797,078; 2017 AED 1,864,193; 2018 AED 1,778,120; 2019 AED 1,600,000; 2020 AED 1,115,797; 2021 AED 1,600,000; 2022 AED 1,779,470; 2023 AED 2,135,500; 2024 AED 2,220,000; 2025 AED 2,150,000Sold by developer, December 2023: AED 2,001,400 (AED 1,251 per sqft)

1604 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1604, each contractTypical two-bed in Marina Arcade Tower
100K150K2017202020232026Typical rent by year: 2017 AED 135,000; 2018 AED 130,000; 2019 AED 115,000; 2020 AED 95,000; 2021 AED 91,813; 2022 AED 105,000; 2023 AED 125,000; 2024 AED 131,250; 2025 AED 139,000; 2026 AED 145,000New contract, October 2019: AED 115,000 a yearRenewal, October 2023: AED 153,333 a yearNew contract, March 2024: AED 144,611 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 Marina Arcade Tower, and where 1604 sits

All 191 2-beds →

1604 last sold in December 2023 at AED 1,251 per sqft, 14% below what two-beds in Marina Arcade Tower were fetching at the time (AED 1,458). 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. 1604's AED 144,611 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Dec 202525,511
8 Dec 20252,200,000
20 Jun 202592,002
13 Jun 20252,919,700
2 2-bed sales in the last 12 months

Marina Arcade Tower

Building

19 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
6.6%
Marina Arcade Tower, Dubai Marina: prices, sales and rents →

1604, Marina Arcade Tower in numbers

  • Sold once: by Marina Arcade Real Estate on 12 December 2023 for AED 2,001,400, or AED 1,251 per sqft.
  • Rented since October 2019 on 3 Ejari contracts, from AED 115,000 to AED 144,611 a year.
  • At AED 144,611 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 25,200 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 30 March 2024.

Questions about 1604, Marina Arcade Tower

What did unit 1604 last sell for?

AED 2,001,400 on 12 December 2023, sold by the developer: AED 1,251 per sqft for 1,599 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604?

AED 144,611 a year on the contract signed on 30 March 2024. The previous contract, from October 2023, was AED 153,333; the unit has been rented since October 2019.

How big is unit 1604?

1,599 sqft (148.6 sqm): a two-bedroom apartment of a 45-storey tower completed in 2017.

What is unit 1604 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 1604, Marina Arcade Tower

Starts from the last sale price (AED 2M, 12 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,001,400
Deposit, UAE resident (20%)
AED 400,280
Deposit, non-resident (40%)
AED 800,560
Monthly over 25 years at 3.7%
AED 8,188

Plus AED 89,069 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →