1-bed · 1,388 sqftThe Onyx Tower 2, The Greens · 16th floor · completed 2015

1601, The Onyx Tower 2

Sold prices and rental history: sold once, by the developer in November 2017, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 15 February 2025
Last soldAED 1.55M12 November 2017
Current rentAED 150K /yr15 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, The Onyx Tower 2

What is 1601 worth today?

Last sold for AED 1,552,604 in 2017

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15 Feb 2025RentedRenewal
AED 150,000/yr12 months · AED 108 per sqft
15 Feb 2019RentedNew contract
AED 115,000/yr12 months · AED 83 per sqft
13 Jan 2018RentedNew contract
AED 115,000/yr12 months · AED 83 per sqft
12 Nov 2017Sold by developerReady
AED 1,552,604AED 1,118 per sqft

Source: Dubai Land Department. Updated 15 February 2025.

Key facts

Type
1-bed apartment
Size
1,388 sqft
Floor
16th of 24
Parking
B2-447
Developer
The Onyx for Development
Completed
2015
Last sold
AED 1.55M · November 2017

About 1601, The Onyx Tower 2

1601 is a one-bedroom apartment of 1,388 sqft on the 16th floor of The Onyx Tower 2, a 24-storey tower in The Greens completed in 2015 by The Onyx for Development. The developer sold it on 12 November 2017 for AED 1,552,604, or AED 1,118 per sqft, 6% below the AED 1,186 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 150,000 a year: a gross yield of 9.7% on the 2017 price.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical one-bed in The Onyx Tower 2
1M2M2015201820212024Typical sale price by year: 2015 AED 1,692,656; 2016 AED 1,675,000; 2017 AED 1,651,702; 2018 AED 1,600,000; 2021 AED 1,540,000; 2022 AED 795,507; 2023 AED 1,730,000; 2024 AED 2,125,000; 2025 AED 1,985,000Sold by developer, November 2017: AED 1,552,604 (AED 1,118 per sqft)

1601 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1601, each contractTypical one-bed in The Onyx Tower 2
100K150K2017202020232026Typical rent by year: 2017 AED 120,000; 2018 AED 115,000; 2019 AED 110,000; 2020 AED 90,000; 2021 AED 89,000; 2022 AED 96,367; 2023 AED 111,430; 2024 AED 130,000; 2025 AED 144,000; 2026 AED 155,000New contract, January 2018: AED 115,000 a yearNew contract, February 2019: AED 115,000 a yearRenewal, February 2025: AED 150,000 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 The Onyx Tower 2, and where 1601 sits

All 62 1-beds →

1601 last sold in November 2017 at AED 1,118 per sqft, 6% below what one-beds in The Onyx Tower 2 were fetching at the time (AED 1,186). 1601's AED 150,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Jul 20252,500,000
24 Mar 20252,270,000
27 Jan 20251,600,000
20 Jan 20251,700,000
0 1-bed sales in the last 12 months

The Onyx Tower 2

Building

167 apartments, 1-bed to 3-bed over 24 floors in The Greens, completed in 2015 by The Onyx for Development. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 184K /yr
Typical yield
The Onyx Tower 2, The Greens: prices, sales and rents →

Other units on the 16th floor

All 167 units in The Onyx Tower 2
Value
16031-bedAED 1.72M · Jun 2017
16041-bedAED 1.23M · Oct 2022
16052-bedAED 2.2M · Sep 2016
16062-bedAED 1.89M · Jun 2021
16071-bedAED 1.65M · Sep 2018
16082-bedAED 2.33M · Aug 2015
16092-bedAED 2.38M · Oct 2015
1–7 of 11

1601, The Onyx Tower 2 in numbers

  • Sold once: by The Onyx for Development on 12 November 2017 for AED 1,552,604, or AED 1,118 per sqft.
  • Rented since January 2018 on 3 Ejari contracts, from AED 115,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2017 price is 9.7%.

Source: Dubai Land Department. Updated 15 February 2025.

Questions about 1601, The Onyx Tower 2

What did unit 1601 last sell for?

AED 1,552,604 on 12 November 2017, sold by the developer: AED 1,118 per sqft for 1,388 sqft. It is the only registered sale of the unit.

What is the rent for unit 1601?

AED 150,000 a year on the contract renewed on 15 February 2025. The previous contract, from February 2019, was AED 115,000; the unit has been rented since January 2018.

How big is unit 1601?

1,388 sqft (128.9 sqm): a one-bedroom apartment on the 16th floor of a 24-storey tower completed in 2015.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1601, The Onyx Tower 2

Starts from the last sale price (AED 1.55M, 12 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,552,604
Deposit, UAE resident (20%)
AED 310,521
Deposit, non-resident (40%)
AED 621,042
Monthly over 25 years at 3.7%
AED 6,352

Plus AED 70,219 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →