1602, Al Areifi Marina Tower(Escan Marina Tower)
Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Al Areifi Marina Tower(Escan Marina Tower)
What is 1602 worth today?
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Source: Dubai Land Department. Updated 1 May 2026.
Key facts
- Type
- Studio apartment
- Size
- 355 sqft
- Floor
- 16th of 31
- Parking
- B4-56
- Developer
- Tharwaa Escan Investments
- Completed
- 2016
- Service charge
- AED 6,400 /yr
- Last sold
- AED 420K · June 2022
About 1602, Al Areifi Marina Tower(Escan Marina Tower)
1602 is a studio of 355 sqft on the 16th floor of Al Areifi Marina Tower(Escan Marina Tower), a 31-storey tower in Dubai Marina completed in 2016 by Tharwaa Escan Investments. It last sold on 2 June 2022 for AED 420,000, or AED 1,184 per sqft.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, signed on 1 May 2026, is AED 50,000 a year: a gross yield of 11.9% on the 2022 price, before the service charge of about AED 6,400 a year.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Areifi Marina Tower(Escan Marina Tower), and where 1602 sits
All 37 studios →Over the last 12 months studios sold for AED 688,000, around AED 1,920 per sqft, and rent for AED 32,681 to 60,000 a year. 1602's AED 50,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 358 sqft | 688,000 | 1,920 | ||
| 20 May 202520 May 2025 | 356 sqft | 700,000 | 1,968 | ||
| 13 May 202513 May 2025 | 351 sqft | 670,000 | 1,907 | ||
| 2 Apr 20252 April 2025 | 351 sqft | 600,000 | 1,707 |
Al Areifi Marina Tower(Escan Marina Tower)
Building332 apartments, studios to 2-bed over 31 floors in Dubai Marina, completed in 2016 by Tharwaa Escan Investments. 26 sold in the last 12 months.
- Typical price per sqft
- AED 1,278 Up 1.1%
- Typical sale
- AED 1.15M
- Typical rent
- AED 72K /yr
- Typical yield
- 7.4%
Other units on the 16th floor
All 332 units in Al Areifi Marina Tower(Escan Marina Tower)| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,188 sqft | AED 1MAED 1,000,000 · Jun 2022June 2022 | 70,000 /yr | |
| 1603 | 1-bed | 715 sqft | AED 541KAED 540,969 · Dec 2022December 2022 | 68,000 /yr | |
| 1604 | 1-bed | 763 sqft | AED 535KAED 535,000 · Dec 2022December 2022 | 72,000 /yr | |
| 1605 | 1-bed | 779 sqft | AED 550KAED 550,000 · Dec 2022December 2022 | 62,000 /yr | |
| 1606 | 1-bed | 769 sqft | AED 1.05MAED 1,050,000 · Oct 2023October 2023 | 86,500 /yr | |
| 1607 | 2-bed | 1,105 sqft | AED 775KAED 775,000 · Dec 2022December 2022 | 80,000 /yr | |
| 1608 | 1-bed | 755 sqft | AED 530KAED 530,000 · Dec 2022December 2022 | 55,000 /yr | |
| 1609 | 1-bed | 660 sqft | AED 599KAED 599,499 · Dec 2022December 2022 | 69,000 /yr | |
| 1610 | 1-bed | 837 sqft | AED 690KAED 690,000 · Dec 2022December 2022 | 72,000 /yr | |
| 1611 | 2-bed | 1,169 sqft | AED 820KAED 820,000 · Dec 2022December 2022 | 75,000 /yr |
1602, Al Areifi Marina Tower(Escan Marina Tower) in numbers
- Sold twice: first on 1 June 2011 for AED 315,000, last on 2 June 2022 for AED 420,000 (AED 1,184 per sqft).
- Rented since February 2023 on 5 Ejari contracts, from AED 58,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2022 price is 11.9%, before a service charge of about AED 6,400 a year (AED 18.12 per sqft).
- Studios in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 688,000–688,000 in the 12 months to November 2026; the building's median across all types is AED 1,278 per sqft.
Source: Dubai Land Department. Updated 1 May 2026.
Questions about 1602, Al Areifi Marina Tower(Escan Marina Tower)
What did unit 1602 last sell for?
AED 420,000 on 2 June 2022: AED 1,184 per sqft for 355 sqft. The unit has 2 registered sales; the first was AED 315,000 in June 2011.
What is the rent for unit 1602?
AED 50,000 a year on the contract signed on 1 May 2026. The previous contract, from April 2026, was AED 50,000; the unit has been rented since February 2023.
How big is unit 1602?
355 sqft (33.0 sqm): a studio on the 16th floor of a 31-storey tower completed in 2016.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 688,000 to 688,000 in the last 12 months, around AED 1,920 per sqft.
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Mortgage on 1602, Al Areifi Marina Tower(Escan Marina Tower)
Starts from the last sale price (AED 420K, 2 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 420,000
- Deposit, UAE resident (20%)
- AED 84,000
- Deposit, non-resident (40%)
- AED 168,000
- Monthly over 25 years at 3.7%
- AED 1,718
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →