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1-bed · 685 sqftMarina Heights Tower, Dubai Marina · 16th floor · completed 2006

1609, Marina Heights Tower

Sold prices and rental history: sold once, by the developer in May 2007, and rented once, from June 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 1 June 2013
Last soldAED 638K2 May 2007
Current rentAED 45K /yr1 June 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1609, Marina Heights Tower

What is 1609 worth today?

Last sold for AED 638,000 in 2007

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1 Jun 2013RentedNew contract
AED 45,000/yr36 months · AED 65 per sqft
2 May 2007Sold by developerReady
AED 638,000AED 931 per sqft

Source: Dubai Land Department. Updated 1 June 2013.

Key facts

Type
1-bed apartment
Size
685 sqft
Floor
16th of 53
Parking
B3-40
Developer
SRG
Completed
2006
Service charge
AED 12,300 /yr
Last sold
AED 638K · May 2007
Building
Marina Heights Tower

About 1609, Marina Heights Tower

1609 is a one-bedroom apartment of 685 sqft on the 16th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. The developer sold it on 2 May 2007 for AED 638,000, or AED 931 per sqft.

One Ejari contract is registered, from 1 June 2013. The current contract, signed on 1 June 2013, is AED 45,000 a year: a gross yield of 7.0% on the 2007 price, before the service charge of about AED 12,300 a year.

Sales and rents for 1609 over time

Sales
Unit 1609, 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 2007: AED 638,000 (AED 931 per sqft)

1609 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1609, each contractTypical one-bed in Marina Heights Tower
50K75K2012201620202024Typical 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, June 2013: AED 45,000 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 1609 sits

All 88 1-beds →

1609's AED 45,000 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
16061-bedAED 1.19M · May 2023
16071-bedAED 1.35M · Jul 2024
16081-bedAED 1.02M · Mar 2010
1–7 of 9

1609, Marina Heights Tower in numbers

  • Sold once: by SRG on 2 May 2007 for AED 638,000, or AED 931 per sqft.
  • Rented since June 2013 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2007 price is 7.0%, before a service charge of about AED 12,300 a year (AED 17.95 per sqft).

Source: Dubai Land Department. Updated 1 June 2013.

Questions about 1609, Marina Heights Tower

What did unit 1609 last sell for?

AED 638,000 on 2 May 2007, sold by the developer: AED 931 per sqft for 685 sqft. It is the only registered sale of the unit.

What is the rent for unit 1609?

AED 45,000 a year on the contract signed on 1 June 2013.

How big is unit 1609?

685 sqft (63.6 sqm): a one-bedroom apartment on the 16th floor of a 53-storey tower completed in 2006.

What is unit 1609 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 1609, Marina Heights Tower

Starts from the last sale price (AED 638K, 2 May 2007). Switch to today's estimate once you have unlocked it.
Price
AED 638,000
Deposit, UAE resident (20%)
AED 127,600
Deposit, non-resident (40%)
AED 255,200
Monthly over 25 years at 3.7%
AED 2,610

Plus AED 31,806 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →