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1-bed · 1,008 sqftMarina Heights Tower, Dubai Marina · 16th floor · completed 2006

1606, Marina Heights Tower

Sold prices and rental history: sold 3 times, last in May 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 22 May 2023
Last soldAED 1.19M22 May 2023
Current rentAED 77K /yr2 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Marina Heights Tower

What is 1606 worth today?

Last sold for AED 1,190,000 in 2023

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22 May 2023SoldReady
AED 1,190,000AED 1,180 per sqft
2 Mar 2023RentedRenewal
AED 76,900/yr12 months · AED 76 per sqft
2 Mar 2022RentedRenewal
AED 70,000/yr12 months · AED 69 per sqft
29 Nov 2018SoldReady
AED 900,000AED 893 per sqft
3 Mar 2013Sold by developerReady
AED 586,952AED 640 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 May 2023.

Key facts

Type
1-bed apartment
Size
1,008 sqft
Floor
16th of 53
Parking
B3-37
Developer
SRG
Completed
2006
Service charge
AED 18,100 /yr
Last sold
AED 1.19M · May 2023
Building
Marina Heights Tower

About 1606, Marina Heights Tower

1606 is a one-bedroom apartment of 1,008 sqft on the 16th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 22 May 2023 for AED 1,190,000, or AED 1,180 per sqft, in line with the AED 1,180 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 2 March 2023, is AED 76,900 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical one-bed in Marina Heights Tower
500K1M1.5M2007201220172022Typical sale price by year: 2007 AED 704,070; 2008 AED 718,830; 2009 AED 658,487; 2010 AED 703,337; 2011 AED 696,000; 2012 AED 574,814; 2013 AED 907,500; 2014 AED 1,350,000; 2015 AED 1,137,500; 2016 AED 1,275,000; 2017 AED 1,062,500; 2019 AED 765,000; 2022 AED 900,000; 2023 AED 1,150,000; 2024 AED 1,275,000; 2025 AED 1,375,000Sold by developer, March 2013: AED 586,952 (AED 640 per sqft)Sold, November 2018: AED 900,000 (AED 893 per sqft)Sold, May 2023: AED 1,190,000 (AED 1,180 per sqft)

1606 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1606, each contractTypical one-bed in Marina Heights Tower
60K80K2012201620202024Typical rent by year: 2012 AED 65,000; 2013 AED 80,000; 2014 AED 85,000; 2015 AED 90,000; 2016 AED 90,000; 2017 AED 90,000; 2018 AED 75,000; 2019 AED 70,000; 2020 AED 55,600; 2021 AED 58,000; 2022 AED 70,000; 2023 AED 76,900; 2024 AED 90,877; 2025 AED 90,000; 2026 AED 87,500Renewal, March 2022: AED 70,000 a yearRenewal, March 2023: AED 76,900 a year

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

1-beds in Marina Heights Tower, and where 1606 sits

All 88 1-beds →

1606 last sold in May 2023 at AED 1,180 per sqft, in line with what one-beds in Marina Heights Tower were fetching at the time (AED 1,180). 1606's AED 76,900 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Jul 20251,215,000
17 Jul 20251,375,000
29 Apr 20251,350,000
11 Apr 20251,490,000
0 1-bed sales in the last 12 months

Marina Heights Tower

Building

375 apartments, 1-bed to 5-bed over 53 floors in Dubai Marina, completed in 2006 by SRG. 3 sold in the last 12 months.

Typical price per sqft
AED 1,550
Typical sale
AED 1.91M
Typical rent
AED 126K /yr
Typical yield
6.3%
Marina Heights Tower, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 375 units in Marina Heights Tower
Value
16012-bedAED 1.7M · Jun 2022
16032-bedAED 775K · Aug 2017
16042-bedAED 1.28M · Nov 2019
16052-bedAED 1.58M · Apr 2024
16071-bedAED 1.35M · Jul 2024
16081-bedAED 1.02M · Mar 2010
16091-bedAED 638K · May 2007
1–7 of 9

1606, Marina Heights Tower in numbers

  • Sold 3 times: first on 3 March 2013 for AED 586,952, last on 22 May 2023 for AED 1,190,000 (AED 1,180 per sqft).
  • Rented since March 2022 on 2 Ejari contracts, from AED 70,000 to AED 76,900 a year.
  • At AED 76,900 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 18,100 a year (AED 17.95 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 22 May 2023.

Questions about 1606, Marina Heights Tower

What did unit 1606 last sell for?

AED 1,190,000 on 22 May 2023: AED 1,180 per sqft for 1,008 sqft. The unit has 3 registered sales; the first was AED 586,952 in March 2013.

What is the rent for unit 1606?

AED 76,900 a year on the contract renewed on 2 March 2023. The previous contract, from March 2022, was AED 70,000.

How big is unit 1606?

1,008 sqft (93.6 sqm): a one-bedroom apartment on the 16th floor of a 53-storey tower completed in 2006.

What is unit 1606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1606, Marina Heights Tower

Starts from the last sale price (AED 1.19M, 22 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,190,000
Deposit, UAE resident (20%)
AED 238,000
Deposit, non-resident (40%)
AED 476,000
Monthly over 25 years at 3.7%
AED 4,869

Plus AED 54,990 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →