1602, One JBR (1 JBR)
Sold prices and rental history: sold once, by the developer in December 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, One JBR (1 JBR)
What is 1602 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 14 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,938 sqft
- Floor
- 16th of 45
- Parking
- B-125, B-126
- Developer
- The One JBR
- Completed
- 2020
- Service charge
- AED 47,900 /yr
- Last sold
- AED 5.62M · December 2017
- Building
- One JBR (1 JBR)
About 1602, One JBR (1 JBR)
1602 is a two-bedroom apartment of 1,938 sqft on the 16th floor of One JBR (1 JBR), a 45-storey tower in Jumeirah Beach Residence completed in 2020 by The One JBR. The developer sold it on 26 December 2017 for AED 5,620,000, or AED 2,899 per sqft, in line with the AED 2,931 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 14 September 2023, is AED 400,000 a year: a gross yield of 7.1% on the 2017 price, before the service charge of about AED 47,900 a year.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in One JBR (1 JBR), and where 1602 sits
All 78 2-beds →1602 last sold in December 2017 at AED 2,899 per sqft, in line with what two-beds in One JBR (1 JBR) were fetching at the time (AED 2,931). Over the last 12 months two-beds sold for AED 9,000,000, around AED 4,689 per sqft, and rent for AED 350,000 to 500,000 a year. 1602's AED 400,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Dec 202419 December 2024 | 1,920 sqft | 10,400,000 | 5,416 | ||
| 1 Oct 20241 October 2024 | 1,926 sqft | 8,700,000 | 4,517 | ||
| 21 Aug 202421 August 2024 | 1,929 sqft | 9,000,000 | 4,664 | ||
| 2 Aug 20242 August 2024 | 1,940 sqft | 8,800,000 | 4,536 |
One JBR (1 JBR)
Building164 apartments, 2-bed to 5-bed over 45 floors in Jumeirah Beach Residence, completed in 2020 by The One JBR. 2 sold in the last 12 months.
- Typical price per sqft
- AED 4,406
- Typical sale
- AED 9.85M
- Typical rent
- AED 480K /yr
- Typical yield
- 5.0%
Other units on the 16th floor
All 164 units in One JBR (1 JBR)1602, One JBR (1 JBR) in numbers
- Sold once: by The One JBR on 26 December 2017 for AED 5,620,000, or AED 2,899 per sqft.
- Rented since August 2020 on 4 Ejari contracts, from AED 195,000 to AED 400,000 a year.
- At AED 400,000 a year the gross yield on the 2017 price is 7.1%, before a service charge of about AED 47,900 a year (AED 24.74 per sqft).
- Two-beds in One JBR (1 JBR) sold for AED 9,000,000–9,000,000 in the 12 months to November 2026; the building's median across all types is AED 4,406 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 14 September 2023.
Questions about 1602, One JBR (1 JBR)
What did unit 1602 last sell for?
AED 5,620,000 on 26 December 2017, sold by the developer: AED 2,899 per sqft for 1,938 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 400,000 a year on the contract signed on 14 September 2023. The previous contract, from July 2022, was AED 325,000; the unit has been rented since August 2020.
How big is unit 1602?
1,938 sqft (180.0 sqm): a two-bedroom apartment on the 16th floor of a 45-storey tower completed in 2020.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in One JBR (1 JBR) sold for AED 9,000,000 to 9,000,000 in the last 12 months, around AED 4,689 per sqft.
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Mortgage on 1602, One JBR (1 JBR)
Starts from the last sale price (AED 5.62M, 26 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 5,620,000
- Deposit, UAE resident (20%)
- AED 1,124,000
- Deposit, non-resident (40%)
- AED 2,248,000
- Monthly over 25 years at 3.7%
- AED 22,993
Plus AED 241,050 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →