4-bed · 2,901 sqftAl Mesk Tower, Dubai Marina · 16th floor · completed 2023

1603, Al Mesk Tower

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 15 March 2026
Last soldAED 1.92M23 March 2009
Current rentAED 260K /yr15 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Al Mesk Tower

What is 1603 worth today?

Last sold for AED 1,924,000 in 2009

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15 Mar 2026RentedNew contract
AED 260,000/yr12 months · AED 89 per sqft
12 Oct 2025RentedRenewal
AED 240,296/yr3 months · AED 83 per sqft
12 Oct 2024RentedRenewal
AED 219,000/yr12 months · AED 76 per sqft
12 Oct 2023RentedRenewal
AED 184,000/yr12 months · AED 64 per sqft
12 Oct 2021RentedRenewal
AED 160,000/yr24 months · AED 55 per sqft
12 Oct 2019RentedNew contract
AED 175,000/yr24 months · AED 60 per sqft
20 Nov 2017RentedNew contract
AED 120,000/yr12 months · AED 41 per sqft
20 Feb 2014RentedNew contract
AED 245,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 15 March 2026.

Key facts

Type
4-bed apartment
Size
2,901 sqft
Floor
16th of 37
Parking
817 , 818
Developer
Emaar
Completed
2023
Service charge
AED 42,600 /yr
Last sold
AED 1.92M · March 2009

About 1603, Al Mesk Tower

1603 is a four-bedroom apartment of 2,901 sqft on the 16th floor of Al Mesk Tower, a 37-storey tower in Dubai Marina completed in 2023 by Emaar. The developer sold it on 23 March 2009 for AED 1,924,000, or AED 663 per sqft, 5% below the AED 701 four-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 15 March 2026, is AED 260,000 a year: a gross yield of 13.5% on the 2009 price, before the service charge of about AED 42,600 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical four-bed in Al Mesk Tower
2M4M6M2008201320182023Typical sale price by year: 2008 AED 2,175,425; 2009 AED 1,913,000; 2010 AED 1,936,000; 2011 AED 2,828,000; 2012 AED 3,793,000; 2013 AED 3,650,000; 2014 AED 5,605,000; 2015 AED 2,000,000; 2020 AED 2,550,000; 2021 AED 3,687,500; 2023 AED 4,405,000; 2024 AED 5,362,500; 2025 AED 5,820,836Sold by developer, March 2009: AED 1,924,000 (AED 663 per sqft)

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

Rents
Unit 1603, each contractTypical four-bed in Al Mesk Tower
100K200K300K2012201620202024Typical rent by year: 2012 AED 240,000; 2013 AED 250,000; 2014 AED 270,000; 2015 AED 280,000; 2016 AED 264,250; 2017 AED 240,000; 2018 AED 225,000; 2019 AED 196,000; 2020 AED 180,000; 2021 AED 180,000; 2022 AED 207,000; 2023 AED 230,000; 2024 AED 265,000; 2025 AED 305,000; 2026 AED 304,000New contract, February 2013: AED 245,000 a yearNew contract, February 2014: AED 245,000 a yearNew contract, November 2017: AED 120,000 a yearNew contract, October 2019: AED 175,000 a yearRenewal, October 2021: AED 160,000 a yearRenewal, October 2023: AED 184,000 a yearRenewal, October 2024: AED 219,000 a yearRenewal, October 2025: AED 240,296 a yearNew contract, March 2026: AED 260,000 a year

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

4-beds in Al Mesk Tower, and where 1603 sits

All 54 4-beds →

1603 last sold in March 2009 at AED 663 per sqft, 5% below what four-beds in Al Mesk Tower were fetching at the time (AED 701). Over the last 12 months four-beds sold for AED 1,525,705 to 5,400,000, around AED 1,850 per sqft, and rent for AED 242,000 to 420,000 a year. 1603's AED 260,000 is in the lower half of that range.

Recent 4-bed salesUnit no.Price (AED)Summary
7 Jul 20265,400,000
30 Jun 20265,367,506
18 Nov 20251,525,705
14 Aug 20255,820,836
3 4-bed sales in the last 12 months

Al Mesk Tower

Building

232 apartments, 1-bed to 5-bed over 37 floors in Dubai Marina, completed in 2023 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 1,904
Typical sale
AED 3.95M
Typical rent
AED 185K /yr
Typical yield
5.6%
Al Mesk Tower, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 232 units in Al Mesk Tower
Value
16012-bedAED 1.86M · Feb 2013
16021-bedAED 1M · Jul 2024
16044-bedAED 4.3M · Jul 2008
16051-bedAED 1.8M · Feb 2018
16062-bedAED 3.3M · Jun 2017
16071-bedAED 3M · Oct 2024

1603, Al Mesk Tower in numbers

  • Sold once: by Emaar on 23 March 2009 for AED 1,924,000, or AED 663 per sqft.
  • Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 245,000 to AED 120,000 in 2017 and recovered to AED 260,000 by March 2026.
  • At AED 260,000 a year the gross yield on the 2009 price is 13.5%, before a service charge of about AED 42,600 a year (AED 14.69 per sqft).
  • Four-beds in Al Mesk Tower sold for AED 1,525,705–5,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,904 per sqft.

Source: Dubai Land Department. Updated 15 March 2026.

Questions about 1603, Al Mesk Tower

What did unit 1603 last sell for?

AED 1,924,000 on 23 March 2009, sold by the developer: AED 663 per sqft for 2,901 sqft. It is the only registered sale of the unit.

What is the rent for unit 1603?

AED 260,000 a year on the contract signed on 15 March 2026. The previous contract, from October 2025, was AED 240,296; the unit has been rented since February 2013.

How big is unit 1603?

2,901 sqft (269.5 sqm): a four-bedroom apartment on the 16th floor of a 37-storey tower completed in 2023.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Al Mesk Tower sold for AED 1,525,705 to 5,400,000 in the last 12 months, around AED 1,850 per sqft.

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Mortgage on 1603, Al Mesk Tower

Starts from the last sale price (AED 1.92M, 23 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,924,000
Deposit, UAE resident (20%)
AED 384,800
Deposit, non-resident (40%)
AED 769,600
Monthly over 25 years at 3.7%
AED 7,872

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