1606, The Pier
Sold prices and rental history: sold once, by the developer in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1606, The Pier
What is 1606 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,173 sqft
- Floor
- 16th of 28
- Parking
- 1
- Developer
- Continental Investments LMD
- Completed
- 2026
- Last sold
- AED 2.95M · November 2024
- Building
- The Pier
About 1606, The Pier
1606 is a two-bedroom apartment of 1,173 sqft on the 16th floor of The Pier, a 28-storey tower in Dubai Maritime City completed in 2026 by Continental Investments LMD. The developer sold it on 18 November 2024 for AED 2,948,458, or AED 2,512 per sqft, 4% below the AED 2,615 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1606 over time
1606 has sold once; the dashed line is the two-bed median of each year in the building.
2-beds in The Pier, and where 1606 sits
All 59 2-beds →1606 last sold in November 2024 at AED 2,512 per sqft, 4% below what two-beds in The Pier were fetching at the time (AED 2,615). Over the last 12 months two-beds sold for AED 2,799,994 to 3,232,226, around AED 2,684 per sqft.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 May 202514 May 2025 | 1,179 sqft | 3,140,851 | 2,665 | ||
| 13 May 202513 May 2025 | 1,193 sqft | 2,867,702 | 2,403 | ||
| 23 Mar 202523 March 2025 | 1,160 sqft | 2,873,842 | 2,477 | ||
| 14 Mar 202514 March 2025 | 1,193 sqft | 2,601,034 | 2,180 |
The Pier
Building237 apartments, 1-bed to 3-bed over 28 floors in Dubai Maritime City, completed in 2026 by Continental Investments LMD. 5 sold in the last 12 months.
- Typical price per sqft
- AED 2,620
- Typical sale
- AED 2.91M
- Typical rent
- Few contracts
- Typical yield
Other units on the 16th floor
All 237 units in The Pier| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 699 sqft | AED 1.72MAED 1,723,207 · Dec 2024December 2024 | ||
| 1602 | 1-bed | 679 sqft | AED 1.68MAED 1,677,740 · Oct 2024October 2024 | ||
| 1603 | 1-bed | 749 sqft | AED 1.85MAED 1,847,509 · Nov 2024November 2024 | ||
| 1604 | 2-bed | 1,161 sqft | AED 3.09MAED 3,091,427 · Sep 2024September 2024 | ||
| 1607 | 1,150 sqft | AED 3.01MAED 3,014,750 · Nov 2025November 2025 | |||
| 1608 | 1-bed | 722 sqft | AED 1.86MAED 1,862,803 · Oct 2024October 2024 | ||
| 1610 | 1-bed | 689 sqft | AED 1.7MAED 1,697,170 · Nov 2024November 2024 | ||
| 1611 | 1-bed | 618 sqft | AED 1.5MAED 1,502,927 · Oct 2024October 2024 | ||
| 1612 | 1-bed | 711 sqft | AED 1.48MAED 1,479,149 · Oct 2024October 2024 | ||
| 1613 | 1-bed | 764 sqft | AED 1.6MAED 1,596,448 · Oct 2024October 2024 |
1606, The Pier in numbers
- Sold once: by Continental Investments LMD on 18 November 2024 for AED 2,948,458, or AED 2,512 per sqft.
- Two-beds in The Pier sold for AED 2,799,994–3,232,226 in the 12 months to November 2026; the building's median across all types is AED 2,620 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2024.
Questions about 1606, The Pier
What did unit 1606 last sell for?
AED 2,948,458 on 18 November 2024, sold by the developer: AED 2,512 per sqft for 1,173 sqft. It is the only registered sale of the unit.
How big is unit 1606?
1,173 sqft (109.0 sqm): a two-bedroom apartment on the 16th floor of a 28-storey tower completed in 2026.
What is unit 1606 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Pier sold for AED 2,799,994 to 3,232,226 in the last 12 months, around AED 2,684 per sqft.
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Mortgage on 1606, The Pier
Starts from the last sale price (AED 2.95M, 18 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,948,458
- Deposit, UAE resident (20%)
- AED 589,692
- Deposit, non-resident (40%)
- AED 1,179,383
- Monthly over 25 years at 3.7%
- AED 12,063
Plus AED 128,845 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →