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1-bed · 908 sqftSkyview Tower, Dubai Marina · 15th floor · completed 2011

1503, Skyview Tower

Sold prices and rental history: sold twice, last in July 2021, and rented once, from October 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 5 July 2021
Last soldAED 870K5 July 2021
Current rentAED 72K /yr27 October 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1503, Skyview Tower

What is 1503 worth today?

Last sold for AED 870,000 in 2021

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5 Jul 2021SoldReady
AED 870,000AED 958 per sqft
27 Oct 2019RentedNew contract
AED 72,000/yr12 months · AED 80 per sqft
22 Jun 2010Sold by developerOff-plan
AED 1,090,000AED 1,200 per sqft

Source: Dubai Land Department. Updated 5 July 2021.

Key facts

Type
1-bed apartment
Size
908 sqft
Floor
15th of 31
Parking
P2-44
Developer
Halcon Real Estate Development
Completed
2011
Service charge
AED 19,700 /yr
Last sold
AED 870K · July 2021
Building
Skyview Tower

About 1503, Skyview Tower

1503 is a one-bedroom apartment of 908 sqft on the 15th floor of Skyview Tower, a 31-storey tower in Dubai Marina completed in 2011 by Halcon Real Estate Development. It last sold on 5 July 2021 for AED 870,000, or AED 958 per sqft, 8% below the AED 1,038 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 October 2019. The current contract, signed on 27 October 2019, is AED 72,000 a year: a gross yield of 8.3% on the 2021 price, before the service charge of about AED 19,700 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, each saleTypical one-bed in Skyview Tower
1M20102014201820222026Typical sale price by year: 2010 AED 1,007,500; 2011 AED 1,228,770; 2012 AED 893,000; 2013 AED 1,065,000; 2014 AED 1,300,000; 2015 AED 1,090,000; 2016 AED 1,150,000; 2017 AED 1,150,000; 2018 AED 985,000; 2021 AED 777,480; 2022 AED 987,500; 2023 AED 1,300,000; 2024 AED 1,230,000; 2025 AED 1,380,000Sold by developer, June 2010: AED 1,090,000 (AED 1,200 per sqft)Sold, July 2021: AED 870,000 (AED 958 per sqft)

1503 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1503, each contractTypical one-bed in Skyview Tower
60K80K100K2018202120242027Typical rent by year: 2018 AED 77,500; 2019 AED 70,000; 2020 AED 57,500; 2021 AED 60,000; 2022 AED 73,000; 2023 AED 81,055; 2024 AED 91,648; 2025 AED 90,411; 2026 AED 99,088New contract, October 2019: AED 72,000 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 Skyview Tower, and where 1503 sits

All 65 1-beds →

1503 last sold in July 2021 at AED 958 per sqft, 8% below what one-beds in Skyview Tower were fetching at the time (AED 1,038). Over the last 12 months one-beds sold for AED 1,400,000, around AED 1,294 per sqft, and rent for AED 89,250 to 105,000 a year. 1503's AED 72,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Dec 20251,400,000
26 Jun 20251,380,000
19 May 20251,170,000
10 Jun 20241,375,000
1 1-bed sale in the last 12 months

Skyview Tower

Building

189 apartments, studios to 7-bed over 31 floors in Dubai Marina, completed in 2011 by Halcon Real Estate Development. 5 sold in the last 12 months.

Typical price per sqft
AED 1,427
Typical sale
AED 1.79M
Typical rent
AED 103K /yr
Typical yield
7.9%
Skyview Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 189 units in Skyview Tower
Value
15011-bedAED 700K · Jun 2010
15021-bedAED 1.14M · Jun 2010
15041-bedAED 1.38M · Jun 2024
15051-bedAED 820K · Jul 2012
15061-bedAED 922K · Jul 2011
15071-bedAED 1.15M · Sep 2016
1508StudioAED 800K · Mar 2016
1–7 of 10

1503, Skyview Tower in numbers

  • Sold twice: first on 22 June 2010 for AED 1,090,000, last on 5 July 2021 for AED 870,000 (AED 958 per sqft).
  • Rented since October 2019 on one Ejari contract, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2021 price is 8.3%, before a service charge of about AED 19,700 a year (AED 21.73 per sqft).
  • One-beds in Skyview Tower sold for AED 1,400,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,427 per sqft.

Source: Dubai Land Department. Updated 5 July 2021.

Questions about 1503, Skyview Tower

What did unit 1503 last sell for?

AED 870,000 on 5 July 2021: AED 958 per sqft for 908 sqft. The unit has 2 registered sales; the first was AED 1,090,000 in June 2010.

What is the rent for unit 1503?

AED 72,000 a year on the contract signed on 27 October 2019.

How big is unit 1503?

908 sqft (84.4 sqm): a one-bedroom apartment on the 15th floor of a 31-storey tower completed in 2011.

What is unit 1503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Skyview Tower sold for AED 1,400,000 to 1,400,000 in the last 12 months, around AED 1,294 per sqft.

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Mortgage on 1503, Skyview Tower

Starts from the last sale price (AED 870K, 5 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →