1-bed · 1,011 sqftMarina Heights Tower, Dubai Marina · 16th floor · completed 2006

1607, Marina Heights Tower

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.35M1 July 2024
Current rentAED 84K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Marina Heights Tower

What is 1607 worth today?

Last sold for AED 1,350,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2024RentedNew contract
AED 83,947/yr7 months · AED 83 per sqft
1 Jul 2024SoldReady
AED 1,350,000AED 1,335 per sqft
1 Oct 2023RentedRenewal
AED 84,000/yr12 months · AED 83 per sqft
1 Oct 2022RentedRenewal
AED 80,000/yr12 months · AED 79 per sqft
18 Apr 2022RentedNew contract
AED 73,546/yr5 months · AED 73 per sqft
18 Apr 2022RentedRenewal
AED 80,000/yr12 months · AED 79 per sqft
18 Apr 2021RentedNew contract
AED 77,000/yr12 months · AED 76 per sqft
1 Oct 2019RentedNew contract
AED 90,000/yr12 months · AED 89 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
1,011 sqft
Floor
16th of 53
Parking
B3-38
Developer
SRG
Completed
2006
Service charge
AED 18,100 /yr
Last sold
AED 1.35M · July 2024

About 1607, Marina Heights Tower

1607 is a one-bedroom apartment of 1,011 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 1 July 2024 for AED 1,350,000, or AED 1,335 per sqft, 4% above the AED 1,286 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 1 October 2024, is AED 83,947 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 18,100 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, 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, May 2010: AED 910,000 (AED 992 per sqft)Sold, July 2024: AED 1,350,000 (AED 1,335 per sqft)

1607 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1607, each contractTypical one-bed in Marina Heights Tower
60K80K100K2012201620202024Typical 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 87,500New contract, October 2013: AED 82,500 a yearNew contract, October 2014: AED 85,000 a yearNew contract, October 2015: AED 95,000 a yearRenewal, October 2017: AED 95,000 a yearNew contract, October 2019: AED 90,000 a yearNew contract, April 2021: AED 77,000 a yearNew contract, April 2022: AED 73,546 a yearRenewal, April 2022: AED 80,000 a yearRenewal, October 2022: AED 80,000 a yearRenewal, October 2023: AED 84,000 a yearNew contract, October 2024: AED 83,947 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 1607 sits

All 88 1-beds →

1607 last sold in July 2024 at AED 1,335 per sqft, 4% above what one-beds in Marina Heights Tower were fetching at the time (AED 1,286). 1607's AED 83,947 is in the lower half 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
16061-bedAED 1.19M · May 2023
16081-bedAED 1.02M · Mar 2010
16091-bedAED 638K · May 2007
1–7 of 9

1607, Marina Heights Tower in numbers

  • Sold twice: first on 2 May 2010 for AED 910,000, last on 1 July 2024 for AED 1,350,000 (AED 1,335 per sqft).
  • Rented since October 2013 on 11 Ejari contracts. The rent fell from AED 82,500 to AED 73,546 in 2022 and recovered to AED 83,947 by October 2024.
  • At AED 83,947 a year the gross yield on the 2024 price is 6.2%, 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 1 October 2024.

Questions about 1607, Marina Heights Tower

What did unit 1607 last sell for?

AED 1,350,000 on 1 July 2024: AED 1,335 per sqft for 1,011 sqft. The unit has 2 registered sales; the first was AED 910,000 in May 2010.

What is the rent for unit 1607?

AED 83,947 a year on the contract signed on 1 October 2024. The previous contract, from October 2023, was AED 84,000; the unit has been rented since October 2013.

How big is unit 1607?

1,011 sqft (93.9 sqm): a one-bedroom apartment on the 16th floor of a 53-storey tower completed in 2006.

What is unit 1607 worth today?

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

Selling 1607? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1607, Marina Heights Tower

Starts from the last sale price (AED 1.35M, 1 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →