1602, Marina Tower
Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Marina Tower
What is 1602 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 17 June 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 761 sqft
- Floor
- 16th of 32
- Parking
- P5-115
- Developer
- Select Global Development
- Completed
- 2006
- Service charge
- AED 12,900 /yr
- Last sold
- AED 1.17M · June 2022
- Building
- Marina Tower
About 1602, Marina Tower
1602 is a one-bedroom apartment of 761 sqft on the 16th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. It last sold on 17 June 2022 for AED 1,170,000, or AED 1,536 per sqft, 28% above the AED 1,197 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 24 December 2020, is AED 61,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 12,900 a year.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Marina Tower, and where 1602 sits
All 47 1-beds →1602 last sold in June 2022 at AED 1,536 per sqft, 28% above what one-beds in Marina Tower were fetching at the time (AED 1,197). Over the last 12 months one-beds sold for AED 150,857, around AED 156 per sqft, and rent for AED 105,000 to 125,000 a year. 1602's AED 61,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 967 sqft | 150,857 | 156 | ||
| 10 Apr 202510 April 2025 | 1,120 sqft | 2,700,000 | 2,411 | ||
| 13 Feb 202513 February 2025 | 761 sqft | 1,499,000 | 1,968 | ||
| 30 Sep 202430 September 2024 | 967 sqft | 1,524,000 | 1,576 |
Marina Tower
Building197 apartments, 1-bed to 3-bed over 32 floors in Dubai Marina, completed in 2006 by Select Global Development. 6 sold in the last 12 months.
- Typical price per sqft
- AED 2,046
- Typical sale
- AED 3.7M
- Typical rent
- AED 145K /yr
- Typical yield
- 5.5%
Other units on the 16th floor
All 197 units in Marina Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,586 sqft | AED 3.18MAED 3,180,000 · Jul 2014July 2014 | 96,844 /yr | |
| 1603 | 1-bed | 959 sqft | AED 1.55MAED 1,550,000 · May 2024May 2024 | 65,000 /yr | |
| 1604 | 2-bed | 1,269 sqft | AED 2.01MAED 2,010,000 · Oct 2013October 2013 | 115,095 /yr | |
| 1605 | 2-bed | 1,401 sqft | AED 2.19MAED 2,185,000 · Oct 2013October 2013 | 150,000 /yr | |
| 1606 | 1,854 sqft | AED 3.38MAED 3,375,000 · Nov 2025November 2025 | 173,250 /yr | ||
| 1607 | 3-bed | 2,001 sqft | AED 3.4MAED 3,400,000 · May 2024May 2024 | 170,000 /yr |
1602, Marina Tower in numbers
- Sold twice: first on 24 September 2013 for AED 1,195,000, last on 17 June 2022 for AED 1,170,000 (AED 1,536 per sqft).
- Rented since January 2013 on 8 Ejari contracts, from AED 75,000 to AED 61,000 a year.
- At AED 61,000 a year the gross yield on the 2022 price is 5.2%, before a service charge of about AED 12,900 a year (AED 16.91 per sqft).
- One-beds in Marina Tower sold for AED 150,857–150,857 in the 12 months to November 2026; the building's median across all types is AED 2,046 per sqft.
Source: Dubai Land Department. Updated 17 June 2022.
Questions about 1602, Marina Tower
What did unit 1602 last sell for?
AED 1,170,000 on 17 June 2022: AED 1,536 per sqft for 761 sqft. The unit has 2 registered sales; the first was AED 1,195,000 in September 2013.
What is the rent for unit 1602?
AED 61,000 a year on the contract signed on 24 December 2020. The previous contract, from June 2019, was AED 83,000; the unit has been rented since January 2013.
How big is unit 1602?
761 sqft (70.7 sqm): a one-bedroom apartment on the 16th floor of a 32-storey tower completed in 2006.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Tower sold for AED 150,857 to 150,857 in the last 12 months, around AED 156 per sqft.
Selling 1602? 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.
Mortgage on 1602, Marina Tower
Starts from the last sale price (AED 1.17M, 17 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,170,000
- Deposit, UAE resident (20%)
- AED 234,000
- Deposit, non-resident (40%)
- AED 468,000
- Monthly over 25 years at 3.7%
- AED 4,787
Plus AED 54,150 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →