1-bed · 811 sqftWadi Tower, City of Arabia · 16th floor · completed 2020

1603, Wadi Tower

Sold prices and rental history: sold twice, last in June 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 20 July 2025
Last soldAED 400K21 June 2023
Current rentAED 40K /yr20 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Wadi Tower

What is 1603 worth today?

Last sold for AED 400,000 in 2023

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20 Jul 2025RentedRenewal
AED 40,000/yr12 months · AED 50 per sqft
20 Jul 2024RentedRenewal
AED 38,500/yr12 months · AED 48 per sqft
21 Jun 2023SoldReady
AED 400,000AED 492 per sqft
19 Aug 2009Sold by developerOff-plan
AED 594,270AED 732 per sqft

Source: Dubai Land Department. Updated 20 July 2025.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
16th of 30
Parking
P3-5
Developer
Sky One Real Estate
Completed
2020
Service charge
AED 10,300 /yr
Last sold
AED 400K · June 2023
Building
Wadi Tower

About 1603, Wadi Tower

1603 is a one-bedroom apartment of 811 sqft on the 16th floor of Wadi Tower, a 30-storey tower in City of Arabia completed in 2020 by Sky One Real Estate. It last sold on 21 June 2023 for AED 400,000, or AED 492 per sqft, 40% below the AED 825 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 20 July 2025, is AED 40,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 10,300 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical one-bed in Wadi Tower
400K600K2009201420192024Typical sale price by year: 2009 AED 594,270; 2023 AED 676,500; 2024 AED 525,000; 2025 AED 600,000; 2026 AED 575,000Sold by developer, August 2009: AED 594,270 (AED 732 per sqft)Sold, June 2023: AED 400,000 (AED 492 per sqft)

1603 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1603, each contractTypical one-bed in Wadi Tower
40K202220242026Typical rent by year: 2022 AED 27,000; 2023 AED 32,211; 2024 AED 41,000; 2025 AED 45,444; 2026 AED 52,000Renewal, July 2024: AED 38,500 a yearRenewal, July 2025: AED 40,000 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 Wadi Tower, and where 1603 sits

All 44 1-beds →

1603 last sold in June 2023 at AED 492 per sqft, 40% below what one-beds in Wadi Tower were fetching at the time (AED 825). Over the last 12 months one-beds sold for AED 554,665 to 650,000, around AED 712 per sqft, and rent for AED 38,000 to 65,000 a year. 1603's AED 40,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Aug 2026568,778
16 Jun 2026650,000
3 Jun 2026554,665
22 Apr 2026640,000
6 1-bed sales in the last 12 months

Wadi Tower

Building

107 apartments, 1-bed to 3-bed over 30 floors in City of Arabia, completed in 2020 by Sky One Real Estate. 9 sold in the last 12 months.

Typical price per sqft
AED 722
Typical sale
AED 640K
Typical rent
AED 53K /yr
Typical yield
8.0%
Wadi Tower, City of Arabia: prices, sales and rents →

Other units on the 16th floor

All 107 units in Wadi Tower
Value
16012-bedAED 1.32M · Aug 2009
16041-bedAED 553K · Nov 2023
16052-bedAED 1.21M · Aug 2009
16062-bedAED 900K · Mar 2025
16071-bedAED 670K · Jul 2009

1603, Wadi Tower in numbers

  • Sold twice: first on 19 August 2009 for AED 594,270, last on 21 June 2023 for AED 400,000 (AED 492 per sqft).
  • Rented since July 2024 on 2 Ejari contracts, from AED 38,500 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 10,300 a year (AED 12.65 per sqft).
  • One-beds in Wadi Tower sold for AED 554,665–650,000 in the 12 months to November 2026; the building's median across all types is AED 722 per sqft.

Source: Dubai Land Department. Updated 20 July 2025.

Questions about 1603, Wadi Tower

What did unit 1603 last sell for?

AED 400,000 on 21 June 2023: AED 492 per sqft for 811 sqft. The unit has 2 registered sales; the first was AED 594,270 in August 2009.

What is the rent for unit 1603?

AED 40,000 a year on the contract renewed on 20 July 2025. The previous contract, from July 2024, was AED 38,500.

How big is unit 1603?

811 sqft (75.3 sqm): a one-bedroom apartment on the 16th floor of a 30-storey tower completed in 2020.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Wadi Tower sold for AED 554,665 to 650,000 in the last 12 months, around AED 712 per sqft.

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Mortgage on 1603, Wadi Tower

Starts from the last sale price (AED 400K, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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