Studio · 458 sqftMoon Tower, Business Bay · 16th floor

1608, Moon Tower

Sold prices and rental history: sold once, by the developer in February 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 12 February 2017
Last soldAED 521K12 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Moon Tower

What is 1608 worth today?

Last sold for AED 520,760 in 2017

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12 Feb 2017Sold by developerOff-plan
AED 520,760AED 1,137 per sqft

Source: Dubai Land Department. Updated 12 February 2017.

Key facts

Type
Studio apartment
Size
458 sqft
Floor
16th of 17
Parking
1
Last sold
AED 521K · February 2017
Building
Moon Tower

About 1608, Moon Tower

1608 is a studio of 458 sqft on the 16th floor of Moon Tower, a 17-storey tower in Business Bay. The developer sold it on 12 February 2017 for AED 520,760, or AED 1,137 per sqft, 7% below the AED 1,217 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1608 over time

Sales
Unit 1608, each saleTypical studio in Moon Tower
500K600K2014201620182020Typical sale price by year: 2014 AED 479,700; 2015 AED 526,300; 2016 AED 531,840; 2017 AED 615,000; 2019 AED 534,855Sold by developer, February 2017: AED 520,760 (AED 1,137 per sqft)

1608 has sold once; the dashed line is the studio median of each year in the building.

Studios in Moon Tower, and where 1608 sits

All 59 studios →

1608 last sold in February 2017 at AED 1,137 per sqft, 7% below what studios in Moon Tower were fetching at the time (AED 1,217).

Recent studio salesUnit no.Price (AED)Summary
26 Mar 2020254,308
23 Mar 2020268,258
13 Nov 2019389,445
11 Nov 2019590,010
0 studio sales in the last 12 months

Moon Tower

Building

163 apartments, studios to 2-bed over 17 floors in Business Bay. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
Few contracts
Typical yield
Moon Tower, Business Bay: prices, sales and rents →

Other units on the 16th floor

All 163 units in Moon Tower
Value
16032-bedAED 968K · Dec 2023
16041-bedAED 950K · Sep 2016
16062-bedAED 1.44M · Mar 2024
1607StudioAED 466K · Feb 2017
1609StudioAED 556K · Apr 2009
1610StudioAED 581K · Jun 2015
16151-bedAED 1.12M · Nov 2019
1–7 of 9

1608, Moon Tower in numbers

  • Sold once: by the developer on 12 February 2017 for AED 520,760, or AED 1,137 per sqft.

Source: Dubai Land Department. Updated 12 February 2017.

Questions about 1608, Moon Tower

What did unit 1608 last sell for?

AED 520,760 on 12 February 2017, sold by the developer: AED 1,137 per sqft for 458 sqft. It is the only registered sale of the unit.

How big is unit 1608?

458 sqft (42.5 sqm): a studio on the 16th floor of a 17-storey tower.

What is unit 1608 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 1608, Moon Tower

Starts from the last sale price (AED 521K, 12 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 520,760
Deposit, UAE resident (20%)
AED 104,152
Deposit, non-resident (40%)
AED 208,304
Monthly over 25 years at 3.7%
AED 2,131

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