1612, Studio One
Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1612, Studio One
What is 1612 worth today?
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Source: Dubai Land Department. Updated 18 December 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 712 sqft
- Floor
- 16th of 31
- Parking
- B2-054
- Developer
- Select Global Development
- Completed
- 2019
- Service charge
- AED 11,500 /yr
- Last sold
- AED 1.13M · February 2017
- Building
- Studio One
About 1612, Studio One
1612 is a one-bedroom apartment of 712 sqft on the 16th floor of Studio One, a 31-storey tower in Dubai Marina completed in 2019 by Select Global Development. The developer sold it on 27 February 2017 for AED 1,128,810, or AED 1,584 per sqft, 5% below the AED 1,667 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 18 December 2023, is AED 84,000 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 11,500 a year.
Sales and rents for 1612 over time
1612 has sold once; 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 Studio One, and where 1612 sits
All 151 1-beds →1612 last sold in February 2017 at AED 1,584 per sqft, 5% below what one-beds in Studio One were fetching at the time (AED 1,667). Over the last 12 months one-beds sold for AED 1,340,000 to 1,840,000, around AED 2,317 per sqft, and rent for AED 60,000 to 120,000 a year. 1612's AED 84,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 718 sqft | 1,840,000 | 2,562 | ||
| 2 Feb 20262 February 2026 | 718 sqft | 1,700,000 | 2,367 | ||
| 22 Jan 202622 January 2026 | 712 sqft | 1,400,000 | 1,965 | ||
| 21 Jul 202521 July 2025 | 592 sqft | 1,350,000 | 2,281 |
Studio One
Building405 apartments, studios to 2-bed over 31 floors in Dubai Marina, completed in 2019 by Select Global Development. 16 sold in the last 12 months.
- Typical price per sqft
- AED 2,289 Down 5.3%
- Typical sale
- AED 1.7M
- Typical rent
- AED 90K /yr
- Typical yield
- 6.9%
Other units on the 16th floor
All 405 units in Studio One| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 592 sqft | AED 1.35MAED 1,350,000 · Jul 2025July 2025 | ||
| 1602 | Studio | 502 sqft | AED 1.15MAED 1,150,000 · Mar 2024March 2024 | 71,000 /yr | |
| 1603 | 1-bed | 718 sqft | AED 1.12MAED 1,124,918 · Mar 2021March 2021 | 105,000 /yr | |
| 1604 | Studio | 357 sqft | AED 632KAED 632,000 · Jan 2017January 2017 | 70,000 /yr | |
| 1605 | Studio | 357 sqft | AED 1.15MAED 1,150,000 · Jul 2025July 2025 | ||
| 1606 | 1-bed | 721 sqft | AED 1.2MAED 1,200,000 · Jan 2023January 2023 | 69,300 /yr | |
| 1607 | 2-bed | 834 sqft | AED 1.38MAED 1,384,000 · Sep 2017September 2017 | 120,000 /yr | |
| 1608 | 2-bed | 830 sqft | AED 1.35MAED 1,349,000 · Oct 2017October 2017 | 150,000 /yr | |
| 1609 | 1-bed | 714 sqft | AED 1.12MAED 1,116,000 · Apr 2017April 2017 | 110,000 /yr | |
| 1610 | Studio | 357 sqft | AED 579KAED 579,000 · Dec 2016December 2016 | 52,000 /yr | |
| 1611 | Studio | 357 sqft | AED 440KAED 440,000 · Aug 2020August 2020 | 70,000 /yr | |
| 1613 | Studio | 502 sqft | AED 1.14MAED 1,140,000 · Aug 2024August 2024 | 85,000 /yr | |
| 1614 | 1-bed | 591 sqft | AED 961KAED 961,000 · Jul 2017July 2017 |
1612, Studio One in numbers
- Sold once: by Select Global Development on 27 February 2017 for AED 1,128,810, or AED 1,584 per sqft.
- Rented since December 2019 on 4 Ejari contracts. The rent fell from AED 71,050 to AED 60,000 in 2020 and recovered to AED 84,000 by December 2023.
- At AED 84,000 a year the gross yield on the 2017 price is 7.4%, before a service charge of about AED 11,500 a year (AED 16.08 per sqft).
- One-beds in Studio One sold for AED 1,340,000–1,840,000 in the 12 months to November 2026; the building's median across all types is AED 2,289 per sqft.
Source: Dubai Land Department. Updated 18 December 2023.
Questions about 1612, Studio One
What did unit 1612 last sell for?
AED 1,128,810 on 27 February 2017, sold by the developer: AED 1,584 per sqft for 712 sqft. It is the only registered sale of the unit.
What is the rent for unit 1612?
AED 84,000 a year on the contract renewed on 18 December 2023. The previous contract, from December 2022, was AED 75,000; the unit has been rented since December 2019.
How big is unit 1612?
712 sqft (66.1 sqm): a one-bedroom apartment on the 16th floor of a 31-storey tower completed in 2019.
What is unit 1612 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Studio One sold for AED 1,340,000 to 1,840,000 in the last 12 months, around AED 2,317 per sqft.
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Mortgage on 1612, Studio One
Starts from the last sale price (AED 1.13M, 27 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,128,810
- Deposit, UAE resident (20%)
- AED 225,762
- Deposit, non-resident (40%)
- AED 451,524
- Monthly over 25 years at 3.7%
- AED 4,618
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →