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

1604, Al Mesk Tower

Sold prices and rental history: sold once, by the developer in July 2008, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 23 January 2025
Last soldAED 4.3M6 July 2008
Current rentAED 350K /yr23 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Al Mesk Tower

What is 1604 worth today?

Last sold for AED 4,300,000 in 2008

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23 Jan 2025RentedNew contract
AED 350,000/yr12 months · AED 121 per sqft
23 Jan 2024RentedNew contract
AED 350,000/yr12 months · AED 121 per sqft
23 Jan 2024RentedNew contract
AED 350,000/yr12 months · AED 121 per sqft
1 Jun 2021RentedRenewal
AED 175,000/yr12 months · AED 60 per sqft
1 Jun 2020RentedRenewal
AED 175,000/yr12 months · AED 60 per sqft
1 Jun 2019RentedNew contract
AED 177,000/yr12 months · AED 61 per sqft
1 Oct 2016RentedNew contract
AED 270,000/yr12 months · AED 93 per sqft
6 Jul 2008Sold by developerReady
AED 4,300,000AED 1,482 per sqft

Source: Dubai Land Department. Updated 23 January 2025.

Key facts

Type
4-bed apartment
Size
2,901 sqft
Floor
16th of 37
Parking
819 , 820
Developer
Emaar
Completed
2023
Service charge
AED 42,600 /yr
Last sold
AED 4.3M · July 2008

About 1604, Al Mesk Tower

1604 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 6 July 2008 for AED 4,300,000, or AED 1,482 per sqft, 64% above the AED 902 four-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 23 January 2025, is AED 350,000 a year: a gross yield of 8.1% on the 2008 price, before the service charge of about AED 42,600 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, 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, July 2008: AED 4,300,000 (AED 1,482 per sqft)

1604 has sold once; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1604, each contractTypical four-bed in Al Mesk Tower
200K300K2012201620202024Typical 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, October 2016: AED 270,000 a yearNew contract, June 2019: AED 177,000 a yearRenewal, June 2020: AED 175,000 a yearRenewal, June 2021: AED 175,000 a yearNew contract, January 2024: AED 350,000 a yearNew contract, January 2024: AED 350,000 a yearNew contract, January 2025: AED 350,000 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 1604 sits

All 54 4-beds →

1604 last sold in July 2008 at AED 1,482 per sqft, 64% above what four-beds in Al Mesk Tower were fetching at the time (AED 902). 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. 1604's AED 350,000 is in the upper 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
16034-bedAED 1.92M · Mar 2009
16051-bedAED 1.8M · Feb 2018
16062-bedAED 3.3M · Jun 2017
16071-bedAED 3M · Oct 2024

1604, Al Mesk Tower in numbers

  • Sold once: by Emaar on 6 July 2008 for AED 4,300,000, or AED 1,482 per sqft.
  • Rented since October 2016 on 7 Ejari contracts. The rent fell from AED 270,000 to AED 175,000 in 2021 and recovered to AED 350,000 by January 2025.
  • At AED 350,000 a year the gross yield on the 2008 price is 8.1%, 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 23 January 2025.

Questions about 1604, Al Mesk Tower

What did unit 1604 last sell for?

AED 4,300,000 on 6 July 2008, sold by the developer: AED 1,482 per sqft for 2,901 sqft. It is the only registered sale of the unit.

What is the rent for unit 1604?

AED 350,000 a year on the contract signed on 23 January 2025. The previous contract, from January 2024, was AED 350,000; the unit has been rented since October 2016.

How big is unit 1604?

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 1604 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 1604, Al Mesk Tower

Starts from the last sale price (AED 4.3M, 6 July 2008). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

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