3-bed · 2,483 sqftAl Mass Tower, Dubai Marina · 16th floor · completed 2004

1606, Al Mass Tower

Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 19 May 2023
Last soldAED 1.8M30 March 2011
Current rentAED 160K /yr19 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Al Mass Tower

What is 1606 worth today?

Last sold for AED 1,796,000 in 2011

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19 May 2023RentedNew contract
AED 160,000/yr12 months · AED 64 per sqft
20 May 2022RentedRenewal
AED 160,000/yr12 months · AED 64 per sqft
20 May 2021RentedNew contract
AED 160,000/yr12 months · AED 64 per sqft
30 May 2020RentedNew contract
AED 160,000/yr12 months · AED 64 per sqft
10 Dec 2017RentedNew contract
AED 234,000/yr12 months · AED 94 per sqft
1 Jul 2016RentedRenewal
AED 250,000/yr12 months · AED 101 per sqft
1 Jul 2015RentedNew contract
AED 250,000/yr12 months · AED 101 per sqft
30 Mar 2011Sold by developerReady
AED 1,796,000AED 723 per sqft

Source: Dubai Land Department. Updated 19 May 2023.

Key facts

Type
3-bed apartment
Size
2,483 sqft
Floor
16th of 28
Parking
138 , 139
Developer
Emaar
Completed
2004
Service charge
AED 37,200 /yr
Last sold
AED 1.8M · March 2011

About 1606, Al Mass Tower

1606 is a three-bedroom apartment of 2,483 sqft on the 16th floor of Al Mass Tower, a 28-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 30 March 2011 for AED 1,796,000, or AED 723 per sqft, 5% below the AED 765 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 19 May 2023, is AED 160,000 a year: a gross yield of 8.9% on the 2011 price, before the service charge of about AED 37,200 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical three-bed in Al Mass Tower
2.5M5M2008201320182023Typical sale price by year: 2008 AED 1,909,000; 2009 AED 1,884,238; 2010 AED 1,898,670; 2011 AED 2,300,000; 2012 AED 2,608,100; 2013 AED 3,972,500; 2014 AED 4,300,000; 2015 AED 3,800,000; 2016 AED 3,400,000; 2017 AED 4,700,000; 2018 AED 3,000,000; 2020 AED 2,525,000; 2021 AED 2,250,000; 2022 AED 3,500,000; 2023 AED 4,200,000; 2024 AED 5,242,500; 2025 AED 5,500,000; 2026 AED 6,600,000Sold by developer, March 2011: AED 1,796,000 (AED 723 per sqft)

1606 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1606, each contractTypical three-bed in Al Mass Tower
150K200K250K2012201620202024Typical rent by year: 2012 AED 222,750; 2013 AED 225,000; 2014 AED 230,000; 2015 AED 235,000; 2016 AED 235,000; 2017 AED 230,000; 2018 AED 215,000; 2019 AED 190,000; 2020 AED 170,000; 2021 AED 160,000; 2022 AED 184,000; 2023 AED 210,000; 2024 AED 230,000; 2025 AED 245,000; 2026 AED 240,000New contract, July 2015: AED 250,000 a yearRenewal, July 2016: AED 250,000 a yearNew contract, December 2017: AED 234,000 a yearNew contract, May 2020: AED 160,000 a yearNew contract, May 2021: AED 160,000 a yearRenewal, May 2022: AED 160,000 a yearNew contract, May 2023: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Al Mass Tower, and where 1606 sits

All 105 3-beds →

1606 last sold in March 2011 at AED 723 per sqft, 5% below what three-beds in Al Mass Tower were fetching at the time (AED 765). Over the last 12 months three-beds sold for AED 4,200,000 to 8,159,353, around AED 2,642 per sqft, and rent for AED 100,000 to 670,000 a year. 1606's AED 160,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Jul 20266,550,000
1 Jul 20264,200,000
13 Jun 20268,159,353
9 Mar 20267,800,000
5 3-bed sales in the last 12 months

Al Mass Tower

Building

169 apartments, 1-bed to 5-bed over 28 floors in Dubai Marina, completed in 2004 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,468
Typical sale
AED 6.58M
Typical rent
AED 221K /yr
Typical yield
4.2%
Al Mass Tower, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 169 units in Al Mass Tower
Value
16013-bedAED 1.92M · Jun 2009
16022-bedAED 3.1M · Oct 2013
16033-bedAED 1.68M · Jul 2008
16043-bedAED 1.6M · Aug 2010
16052-bedAED 1.42M · Nov 2011

1606, Al Mass Tower in numbers

  • Sold once: by Emaar on 30 March 2011 for AED 1,796,000, or AED 723 per sqft.
  • Rented since July 2015 on 7 Ejari contracts, from AED 250,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2011 price is 8.9%, before a service charge of about AED 37,200 a year (AED 15.00 per sqft).
  • Three-beds in Al Mass Tower sold for AED 4,200,000–8,159,353 in the 12 months to November 2026; the building's median across all types is AED 2,468 per sqft.

Source: Dubai Land Department. Updated 19 May 2023.

Questions about 1606, Al Mass Tower

What did unit 1606 last sell for?

AED 1,796,000 on 30 March 2011, sold by the developer: AED 723 per sqft for 2,483 sqft. It is the only registered sale of the unit.

What is the rent for unit 1606?

AED 160,000 a year on the contract signed on 19 May 2023. The previous contract, from May 2022, was AED 160,000; the unit has been rented since July 2015.

How big is unit 1606?

2,483 sqft (230.7 sqm): a three-bedroom apartment on the 16th floor of a 28-storey tower completed in 2004.

What is unit 1606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Mass Tower sold for AED 4,200,000 to 8,159,353 in the last 12 months, around AED 2,642 per sqft.

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Mortgage on 1606, Al Mass Tower

Starts from the last sale price (AED 1.8M, 30 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,796,000
Deposit, UAE resident (20%)
AED 359,200
Deposit, non-resident (40%)
AED 718,400
Monthly over 25 years at 3.7%
AED 7,348

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