1-bed · 1,535 sqftAl Mesk Tower, Dubai Marina · 16th floor · completed 2023

1607, Al Mesk Tower

Sold prices and rental history: sold 4 times, last in October 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 16 October 2024
Last soldAED 3M16 October 2024
Current rentAED 160K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Al Mesk Tower

What is 1607 worth today?

Last sold for AED 3,000,000 in 2024

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16 Oct 2024SoldReady
AED 3,000,000AED 1,954 per sqft
16 Oct 2024SoldReady
AED 3,000,000AED 1,954 per sqft
1 Apr 2024RentedRenewal
AED 160,000/yr12 months · AED 105 per sqft
1 Apr 2024RentedRenewal
AED 160,000/yr12 months · AED 105 per sqft
1 Apr 2023RentedNew contract
AED 160,000/yr12 months · AED 104 per sqft
6 Mar 2011Sold by developerReady
AED 1,550,000AED 1,009 per sqft
6 Mar 2011SoldReady
AED 1,233,750AED 803 per sqft

Source: Dubai Land Department. Updated 16 October 2024.

Key facts

Type
1-bed apartment
Size
1,535 sqft
Floor
16th of 37
Parking
P1-592
Developer
Emaar
Completed
2023
Service charge
AED 22,500 /yr
Last sold
AED 3M · October 2024

About 1607, Al Mesk Tower

1607 is a one-bedroom apartment of 1,535 sqft on the 16th floor of Al Mesk Tower, a 37-storey tower in Dubai Marina completed in 2023 by Emaar. It last sold on 16 October 2024 for AED 3,000,000, or AED 1,954 per sqft, 9% above the AED 1,791 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 160,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 22,500 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, each saleTypical one-bed in Al Mesk Tower
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,155,000; 2009 AED 873,000; 2010 AED 817,000; 2011 AED 1,300,750; 2012 AED 1,254,500; 2013 AED 2,225,000; 2014 AED 2,525,000; 2015 AED 2,200,000; 2016 AED 1,500,000; 2017 AED 2,050,000; 2018 AED 1,850,000; 2019 AED 1,625,000; 2023 AED 2,550,000; 2024 AED 1,891,569; 2025 AED 2,567,500Sold by developer, March 2011: AED 1,550,000 (AED 1,009 per sqft)Sold, March 2011: AED 1,233,750 (AED 803 per sqft)Sold, October 2024: AED 3,000,000 (AED 1,954 per sqft)Sold, October 2024: AED 3,000,000 (AED 1,954 per sqft)

1607 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1607, each contractTypical one-bed in Al Mesk Tower
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 125,000; 2014 AED 135,000; 2015 AED 142,500; 2016 AED 142,500; 2017 AED 137,000; 2018 AED 121,250; 2019 AED 110,000; 2020 AED 95,000; 2021 AED 90,000; 2022 AED 110,000; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 131,000; 2026 AED 130,000New contract, April 2023: AED 160,000 a yearRenewal, April 2024: AED 160,000 a yearRenewal, April 2024: AED 160,000 a year

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

1-beds in Al Mesk Tower, and where 1607 sits

All 71 1-beds →

1607 last sold in October 2024 at AED 1,954 per sqft, 9% above what one-beds in Al Mesk Tower were fetching at the time (AED 1,791). Over the last 12 months one-beds sold for AED 2,550,000 to 3,000,000, around AED 2,048 per sqft, and rent for AED 80,000 to 210,000 a year. 1607's AED 160,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jan 20262,550,000
17 Nov 20253,000,000
9 Jul 20252,300,000
25 Jun 20253,060,000
2 1-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
16044-bedAED 4.3M · Jul 2008
16051-bedAED 1.8M · Feb 2018
16062-bedAED 3.3M · Jun 2017

1607, Al Mesk Tower in numbers

  • Sold 4 times: first on 6 March 2011 for AED 1,233,750, last on 16 October 2024 for AED 3,000,000 (AED 1,954 per sqft).
  • Rented since April 2023 on 3 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 22,500 a year (AED 14.69 per sqft).
  • One-beds in Al Mesk Tower sold for AED 2,550,000–3,000,000 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 16 October 2024.

Questions about 1607, Al Mesk Tower

What did unit 1607 last sell for?

AED 3,000,000 on 16 October 2024: AED 1,954 per sqft for 1,535 sqft. The unit has 4 registered sales; the first was AED 1,233,750 in March 2011.

What is the rent for unit 1607?

AED 160,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2024, was AED 160,000; the unit has been rented since April 2023.

How big is unit 1607?

1,535 sqft (142.6 sqm): a one-bedroom apartment on the 16th floor of a 37-storey tower completed in 2023.

What is unit 1607 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Mesk Tower sold for AED 2,550,000 to 3,000,000 in the last 12 months, around AED 2,048 per sqft.

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Mortgage on 1607, Al Mesk Tower

Starts from the last sale price (AED 3M, 16 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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