1-bed · 970 sqftSulafa Tower, Dubai Marina · 16th floor · completed 2010

1606, Sulafa Tower

Sold prices and rental history: sold twice, last in July 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 1 November 2021
Last soldAED 698K13 July 2011
Current rentAED 45K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Sulafa Tower

What is 1606 worth today?

Last sold for AED 697,600 in 2011

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1 Nov 2021RentedRenewal
AED 45,000/yr12 months · AED 46 per sqft
1 Nov 2020RentedNew contract
AED 45,000/yr12 months · AED 46 per sqft
1 May 2018RentedNew contract
AED 73,000/yr12 months · AED 75 per sqft
15 Jun 2014RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
15 Jun 2013RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
13 Jul 2011SoldReady
AED 697,600AED 719 per sqft
7 Jul 2009Sold by developerOff-plan
AED 697,600AED 719 per sqft

Source: Dubai Land Department. Updated 1 November 2021.

Key facts

Type
1-bed apartment
Size
970 sqft
Floor
16th of 75
Parking
P358
Developer
Al Sayyah & Sons Investment
Completed
2010
Service charge
AED 16,300 /yr
Last sold
AED 698K · July 2011
Building
Sulafa Tower

About 1606, Sulafa Tower

1606 is a one-bedroom apartment of 970 sqft on the 16th floor of Sulafa Tower, a 75-storey tower in Dubai Marina completed in 2010 by Al Sayyah & Sons Investment. It last sold on 13 July 2011 for AED 697,600, or AED 719 per sqft, 48% below the AED 1,373 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 November 2021, is AED 45,000 a year: a gross yield of 6.5% on the 2011 price, before the service charge of about AED 16,300 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical one-bed in Sulafa Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 1,030,792; 2011 AED 1,030,792; 2012 AED 685,710; 2013 AED 1,264,448; 2014 AED 1,200,000; 2015 AED 1,060,000; 2016 AED 970,000; 2017 AED 1,000,000; 2018 AED 885,000; 2019 AED 650,000; 2020 AED 535,000; 2021 AED 640,000; 2022 AED 650,000; 2023 AED 850,000; 2024 AED 935,000; 2025 AED 1,099,150; 2026 AED 1,160,000Sold by developer, July 2009: AED 697,600 (AED 719 per sqft)Sold, July 2011: AED 697,600 (AED 719 per sqft)

1606 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1606, each contractTypical one-bed in Sulafa Tower
40K60K80K20112015201920232027Typical rent by year: 2011 AED 64,000; 2012 AED 60,000; 2013 AED 65,000; 2014 AED 80,000; 2015 AED 85,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 60,587; 2020 AED 50,400; 2021 AED 45,000; 2022 AED 55,000; 2023 AED 62,750; 2024 AED 70,675; 2025 AED 75,000; 2026 AED 75,000New contract, June 2013: AED 70,000 a yearNew contract, June 2014: AED 70,000 a yearNew contract, May 2018: AED 73,000 a yearNew contract, November 2020: AED 45,000 a yearRenewal, November 2021: 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 Sulafa Tower, and where 1606 sits

All 384 1-beds →

1606 last sold in July 2011 at AED 719 per sqft, 48% below what one-beds in Sulafa Tower were fetching at the time (AED 1,373). Over the last 12 months one-beds sold for AED 1,000,000 to 1,475,000, around AED 1,334 per sqft, and rent for AED 60,000 to 90,000 a year. 1606's AED 45,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Jan 20261,160,000
19 Jan 20261,370,000
5 Jan 20261,150,000
25 Dec 202597,843
11 1-bed sales in the last 12 months

Sulafa Tower

Building

701 apartments, 1-bed to 5-bed over 75 floors in Dubai Marina, completed in 2010 by Al Sayyah & Sons Investment. 16 sold in the last 12 months.

Typical price per sqft
AED 1,295 Up 8.8%
Typical sale
AED 1.3M
Typical rent
AED 89K /yr
Typical yield
6.6%
Sulafa Tower, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 701 units in Sulafa Tower
Value
16011-bedAED 1.3M · Jun 2011
16021-bedAED 750K · Jun 2019
16041-bedAED 1.04M · Jan 2016
16051-bedAED 1.13M · Jun 2014
16071-bedAED 740K · May 2023
16081-bedAED 1M · Dec 2025
16091-bedAED 1.4M · May 2011
1–7 of 12

1606, Sulafa Tower in numbers

  • Sold twice: first on 7 July 2009 for AED 697,600, last on 13 July 2011 for AED 697,600 (AED 719 per sqft).
  • Rented since June 2013 on 5 Ejari contracts, from AED 70,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2011 price is 6.5%, before a service charge of about AED 16,300 a year (AED 16.81 per sqft).
  • One-beds in Sulafa Tower sold for AED 1,000,000–1,475,000 in the 12 months to November 2026; the building's median across all types is AED 1,295 per sqft.

Source: Dubai Land Department. Updated 1 November 2021.

Questions about 1606, Sulafa Tower

What did unit 1606 last sell for?

AED 697,600 on 13 July 2011: AED 719 per sqft for 970 sqft. The unit has 2 registered sales; the first was AED 697,600 in July 2009.

What is the rent for unit 1606?

AED 45,000 a year on the contract renewed on 1 November 2021. The previous contract, from November 2020, was AED 45,000; the unit has been rented since June 2013.

How big is unit 1606?

970 sqft (90.1 sqm): a one-bedroom apartment on the 16th floor of a 75-storey tower completed in 2010.

What is unit 1606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sulafa Tower sold for AED 1,000,000 to 1,475,000 in the last 12 months, around AED 1,334 per sqft.

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Mortgage on 1606, Sulafa Tower

Starts from the last sale price (AED 698K, 13 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 697,600
Deposit, UAE resident (20%)
AED 139,520
Deposit, non-resident (40%)
AED 279,040
Monthly over 25 years at 3.7%
AED 2,854

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