1605, Al Areifi Marina Tower(Escan Marina Tower)
Sold prices and rental history: sold twice, last in December 2022, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1605, Al Areifi Marina Tower(Escan Marina Tower)
What is 1605 worth today?
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Source: Dubai Land Department. Updated 1 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 779 sqft
- Floor
- 16th of 31
- Parking
- B3-49
- Developer
- Tharwaa Escan Investments
- Completed
- 2016
- Service charge
- AED 14,100 /yr
- Last sold
- AED 550K · December 2022
About 1605, Al Areifi Marina Tower(Escan Marina Tower)
1605 is a one-bedroom apartment of 779 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 20 December 2022 for AED 550,000, or AED 706 per sqft, 9% below the AED 774 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 May 2023. The current contract, signed on 1 May 2023, is AED 62,000 a year: a gross yield of 11.3% on the 2022 price, before the service charge of about AED 14,100 a year.
Sales and rents for 1605 over time
1605 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Al Areifi Marina Tower(Escan Marina Tower), and where 1605 sits
All 202 1-beds →1605 last sold in December 2022 at AED 706 per sqft, 9% below what one-beds in Al Areifi Marina Tower(Escan Marina Tower) were fetching at the time (AED 774). Over the last 12 months one-beds sold for AED 840,000 to 1,625,000, around AED 1,278 per sqft, and rent for AED 39,000 to 150,000 a year. 1605's AED 62,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 660 sqft | 880,000 | 1,333 | ||
| 13 Jul 202613 July 2026 | 762 sqft | 1,150,000 | 1,509 | ||
| 2 Jul 20262 July 2026 | 755 sqft | 890,000 | 1,178 | ||
| 29 Jun 202629 June 2026 | 755 sqft | 906,000 | 1,199 |
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 71K /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 | |
| 1602 | Studio | 355 sqft | AED 420KAED 420,000 · Jun 2022June 2022 | 50,000 /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 | |
| 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 |
1605, Al Areifi Marina Tower(Escan Marina Tower) in numbers
- Sold twice: first on 22 July 2014 for AED 1,218,364, last on 20 December 2022 for AED 550,000 (AED 706 per sqft).
- Rented since May 2023 on one Ejari contract, at AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2022 price is 11.3%, before a service charge of about AED 14,100 a year (AED 18.12 per sqft).
- One-beds in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 840,000–1,625,000 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 2023.
Questions about 1605, Al Areifi Marina Tower(Escan Marina Tower)
What did unit 1605 last sell for?
AED 550,000 on 20 December 2022: AED 706 per sqft for 779 sqft. The unit has 2 registered sales; the first was AED 1,218,364 in July 2014.
What is the rent for unit 1605?
AED 62,000 a year on the contract signed on 1 May 2023.
How big is unit 1605?
779 sqft (72.4 sqm): a one-bedroom apartment on the 16th floor of a 31-storey tower completed in 2016.
What is unit 1605 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Areifi Marina Tower(Escan Marina Tower) sold for AED 840,000 to 1,625,000 in the last 12 months, around AED 1,278 per sqft.
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Mortgage on 1605, Al Areifi Marina Tower(Escan Marina Tower)
Starts from the last sale price (AED 550K, 20 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →