2-bed · 962 sqftMarina View Towers A, Dubai Marina · 16th floor · completed 2007

1603, Marina View Towers A

Sold prices and rental history: sold twice, last in April 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 914K26 April 2012
Current rentAED 120K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Marina View Towers A

What is 1603 worth today?

Last sold for AED 913,921 in 2012

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1 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 125 per sqft
21 Feb 2024RentedRenewal
AED 105,000/yr12 months · AED 109 per sqft
30 Apr 2021RentedRenewal
AED 80,000/yr12 months · AED 84 per sqft
30 Apr 2019RentedRenewal
AED 95,000/yr12 months · AED 99 per sqft
30 Apr 2018RentedRenewal
AED 104,500/yr12 months · AED 109 per sqft
2 May 2013RentedNew contract
AED 95,000/yr12 months · AED 99 per sqft
26 Apr 2012Sold by developerReady
AED 913,921AED 950 per sqft
26 Apr 2012SoldReady
AED 975,000AED 1,013 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.

Key facts

Type
2-bed apartment
Size
962 sqft
Floor
16th of 23
Parking
B2 / 26
Developer
New City Developers
Completed
2007
Service charge
AED 16,000 /yr
Last sold
AED 914K · April 2012

About 1603, Marina View Towers A

1603 is a two-bedroom apartment of 962 sqft on the 16th floor of Marina View Towers A, a 23-storey tower in Dubai Marina completed in 2007 by New City Developers. The developer sold it on 26 April 2012 for AED 913,921, or AED 950 per sqft, 3% above the AED 921 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 March 2025, is AED 120,000 a year: a gross yield of 13.1% on the 2012 price, before the service charge of about AED 16,000 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical two-bed in Marina View Towers A
1M1.5M2009201420192024Typical sale price by year: 2009 AED 802,304; 2010 AED 814,099; 2011 AED 1,012,205; 2012 AED 939,458; 2013 AED 1,250,000; 2014 AED 1,250,000; 2015 AED 1,250,000; 2016 AED 1,315,000; 2018 AED 1,200,000; 2021 AED 810,000; 2022 AED 1,070,000; 2023 AED 1,250,359; 2024 AED 1,600,000; 2025 AED 1,650,000Sold by developer, April 2012: AED 913,921 (AED 950 per sqft)Sold, April 2012: AED 975,000 (AED 1,013 per sqft)

1603 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, each contractTypical two-bed in Marina View Towers A
50K100K2012201620202024Typical rent by year: 2012 AED 80,000; 2013 AED 95,000; 2014 AED 114,000; 2015 AED 117,750; 2016 AED 112,000; 2017 AED 105,000; 2018 AED 95,000; 2019 AED 78,000; 2020 AED 66,000; 2021 AED 60,000; 2022 AED 74,500; 2023 AED 90,000; 2024 AED 104,000; 2025 AED 115,000; 2026 AED 105,000New contract, May 2013: AED 95,000 a yearRenewal, April 2018: AED 104,500 a yearRenewal, April 2019: AED 95,000 a yearRenewal, April 2021: AED 80,000 a yearRenewal, February 2024: AED 105,000 a yearNew contract, March 2025: AED 120,000 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 View Towers A, and where 1603 sits

All 74 2-beds →

1603 last sold in April 2012 at AED 950 per sqft, 3% above what two-beds in Marina View Towers A were fetching at the time (AED 921). Over the last 12 months two-beds sold for AED 2,050,000, around AED 1,207 per sqft, and rent for AED 95,000 to 216,667 a year. 1603's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Dec 202557,238
4 Jul 202519,924
20 Jun 20251,650,000
13 Jun 20251,600,000
2 2-bed sales in the last 12 months

Marina View Towers A

Building

256 apartments, studios to 4-bed over 23 floors in Dubai Marina, completed in 2007 by New City Developers. 7 sold in the last 12 months.

Typical price per sqft
AED 1,666
Typical sale
AED 1.27M
Typical rent
AED 85K /yr
Typical yield
7.5%
Marina View Towers A, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 256 units in Marina View Towers A
Value
16011-bedAED 930K · Nov 2022
1602StudioAED 805K · Jul 2023
16042-bedAED 1.45M · Oct 2013
1605StudioAED 436K · Aug 2014
16061-bedAED 800K · Mar 2020
16071-bedAED 900K · Sep 2022
1608StudioAED 630K · Mar 2022
1–7 of 11

1603, Marina View Towers A in numbers

  • Sold twice: first on 26 April 2012 for AED 975,000, last on 26 April 2012 for AED 913,921 (AED 950 per sqft).
  • Rented since May 2013 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 80,000 in 2021 and recovered to AED 120,000 by March 2025.
  • At AED 120,000 a year the gross yield on the 2012 price is 13.1%, before a service charge of about AED 16,000 a year (AED 16.65 per sqft).
  • Two-beds in Marina View Towers A sold for AED 2,050,000–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,666 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 March 2025.

Questions about 1603, Marina View Towers A

What did unit 1603 last sell for?

AED 913,921 on 26 April 2012, sold by the developer: AED 950 per sqft for 962 sqft. The unit has 2 registered sales; the first was AED 975,000 in April 2012.

What is the rent for unit 1603?

AED 120,000 a year on the contract signed on 1 March 2025. The previous contract, from February 2024, was AED 105,000; the unit has been rented since May 2013.

How big is unit 1603?

962 sqft (89.4 sqm): a two-bedroom apartment on the 16th floor of a 23-storey tower completed in 2007.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina View Towers A sold for AED 2,050,000 to 2,050,000 in the last 12 months, around AED 1,207 per sqft.

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Mortgage on 1603, Marina View Towers A

Starts from the last sale price (AED 914K, 26 April 2012). Switch to today's estimate once you have unlocked it.
Price
AED 913,921
Deposit, UAE resident (20%)
AED 182,784
Deposit, non-resident (40%)
AED 365,568
Monthly over 25 years at 3.7%
AED 3,739

Plus AED 43,395 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →