1602, Damac Bay - Tower B
Sold prices and rental history: sold once, by the developer in May 2023, 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 1602, Damac Bay - Tower B
What is 1602 worth today?
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Source: Dubai Land Department. Updated 29 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 790 sqft
- Floor
- 16th of 48
- Parking
- 1
- Developer
- DAMAC
- Completed
- 2027
- Last sold
- AED 3.03M · May 2023
- Building
- Damac Bay - Tower B
About 1602, Damac Bay - Tower B
1602 is a one-bedroom apartment of 790 sqft on the 16th floor of Damac Bay - Tower B, a 48-storey tower in Dubai Harbour completed in 2027 by DAMAC. The developer sold it on 29 May 2023 for AED 3,025,000, or AED 3,830 per sqft, in line with the AED 3,773 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Damac Bay - Tower B, and where 1602 sits
All 207 1-beds →1602 last sold in May 2023 at AED 3,830 per sqft, in line with what one-beds in Damac Bay - Tower B were fetching at the time (AED 3,773). Over the last 12 months one-beds sold for AED 2,950,000 to 4,634,000, around AED 3,209 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 1,304 sqft | 3,856,320 | 2,958 | ||
| 5 Oct 20265 October 2026 | 1,303 sqft | 3,678,825 | 2,823 | ||
| 24 Sep 202624 September 2026 | 833 sqft | 3,089,000 | 3,706 | ||
| 8 Jun 20268 June 2026 | 785 sqft | 3,119,000 | 3,972 |
Damac Bay - Tower B
Building346 apartments, 1-bed to 5-bed over 48 floors in Dubai Harbour, completed in 2027 by DAMAC. 18 sold in the last 12 months.
- Typical price per sqft
- AED 3,264 Down 2.3%
- Typical sale
- AED 3.92M
- Typical rent
- Few contracts
- Typical yield
Other units on the 16th floor
All 346 units in Damac Bay - Tower B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,575 sqft | AED 5.74MAED 5,744,000 · May 2023May 2023 | ||
| 1603 | 1-bed | 719 sqft | AED 2.95MAED 2,950,000 · May 2023May 2023 | ||
| 1604 | 1-bed | 877 sqft | AED 3.36MAED 3,361,000 · Jun 2023June 2023 | ||
| 1605 | 1-bed | 922 sqft | AED 3.53MAED 3,530,000 · May 2023May 2023 | ||
| 1606 | 1-bed | 868 sqft | AED 3.32MAED 3,324,000 · May 2023May 2023 | ||
| 1607 | 2-bed | 1,293 sqft | AED 4.69MAED 4,694,000 · May 2023May 2023 | ||
| 1608 | 3-bed | 2,134 sqft | AED 8.05MAED 8,053,000 · Jun 2023June 2023 | ||
| 1609 | 1-bed | 1,255 sqft | AED 4.01MAED 4,006,240 · May 2024May 2024 |
1602, Damac Bay - Tower B in numbers
- Sold once: by DAMAC on 29 May 2023 for AED 3,025,000, or AED 3,830 per sqft.
- One-beds in Damac Bay - Tower B sold for AED 2,950,000–4,634,000 in the 12 months to November 2026; the building's median across all types is AED 3,264 per sqft.
Source: Dubai Land Department. Updated 29 May 2023.
Questions about 1602, Damac Bay - Tower B
What did unit 1602 last sell for?
AED 3,025,000 on 29 May 2023, sold by the developer: AED 3,830 per sqft for 790 sqft. It is the only registered sale of the unit.
How big is unit 1602?
790 sqft (73.4 sqm): a one-bedroom apartment on the 16th floor of a 48-storey tower completed in 2027.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Damac Bay - Tower B sold for AED 2,950,000 to 4,634,000 in the last 12 months, around AED 3,209 per sqft.
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Mortgage on 1602, Damac Bay - Tower B
Starts from the last sale price (AED 3.03M, 29 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,025,000
- Deposit, UAE resident (20%)
- AED 605,000
- Deposit, non-resident (40%)
- AED 1,210,000
- Monthly over 25 years at 3.7%
- AED 12,376
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →