2-bed · 1,715 sqftAl Mesk Tower, Dubai Marina · 6th floor · completed 2023

601, Al Mesk Tower

Sold prices and rental history: sold twice, last in October 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 2.65M31 October 2011
Current rentAED 200K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Al Mesk Tower

What is 601 worth today?

Last sold for AED 2,650,000 in 2011

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20 Oct 2024RentedRenewal
AED 200,000/yr12 months · AED 117 per sqft
20 Oct 2024RentedRenewal
AED 200,000/yr12 months · AED 117 per sqft
20 Oct 2023RentedRenewal
AED 180,000/yr12 months · AED 105 per sqft
20 Oct 2022RentedRenewal
AED 160,000/yr12 months · AED 93 per sqft
20 Oct 2021RentedNew contract
AED 145,000/yr12 months · AED 85 per sqft
20 Mar 2021RentedNew contract
AED 115,000/yr12 months · AED 67 per sqft
23 Dec 2019RentedRenewal
AED 170,000/yr12 months · AED 99 per sqft
23 Dec 2018RentedRenewal
AED 183,000/yr12 months · AED 107 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
2-bed apartment
Size
1,715 sqft
Floor
6th of 37
Parking
2506
Developer
Emaar
Completed
2023
Service charge
AED 25,200 /yr
Last sold
AED 2.65M · October 2011

About 601, Al Mesk Tower

601 is a two-bedroom apartment of 1,715 sqft on the 6th floor of Al Mesk Tower, a 37-storey tower in Dubai Marina completed in 2023 by Emaar. The developer sold it on 31 October 2011 for AED 2,650,000, or AED 1,545 per sqft, 73% above the AED 893 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 20 October 2024, is AED 200,000 a year: a gross yield of 7.5% on the 2011 price, before the service charge of about AED 25,200 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical two-bed in Al Mesk Tower
2M2008201320182023Typical sale price by year: 2008 AED 1,550,000; 2009 AED 1,411,000; 2010 AED 1,273,000; 2011 AED 1,411,000; 2012 AED 2,225,000; 2013 AED 2,275,245; 2014 AED 3,550,000; 2015 AED 2,925,000; 2016 AED 3,100,000; 2017 AED 2,550,000; 2018 AED 2,420,000; 2020 AED 2,100,000; 2021 AED 2,525,000; 2023 AED 2,426,725; 2024 AED 3,300,000Sold by developer, October 2011: AED 2,650,000 (AED 1,545 per sqft)Sold, October 2011: AED 1,267,000 (AED 738 per sqft)

601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 601, each contractTypical two-bed in Al Mesk Tower
100K200K2012201620202024Typical rent by year: 2012 AED 162,500; 2013 AED 176,500; 2014 AED 197,500; 2015 AED 195,000; 2016 AED 190,000; 2017 AED 184,000; 2018 AED 169,900; 2019 AED 145,000; 2020 AED 121,750; 2021 AED 130,000; 2022 AED 130,000; 2023 AED 167,500; 2024 AED 180,000; 2025 AED 190,000; 2026 AED 195,000New contract, August 2014: AED 220,000 a yearNew contract, June 2015: AED 235,000 a yearNew contract, December 2016: AED 220,000 a yearNew contract, December 2017: AED 190,000 a yearRenewal, December 2018: AED 183,000 a yearRenewal, December 2019: AED 170,000 a yearNew contract, March 2021: AED 115,000 a yearNew contract, October 2021: AED 145,000 a yearRenewal, October 2022: AED 160,000 a yearRenewal, October 2023: AED 180,000 a yearRenewal, October 2024: AED 200,000 a yearRenewal, October 2024: AED 200,000 a year

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

2-beds in Al Mesk Tower, and where 601 sits

All 65 2-beds →

601 last sold in October 2011 at AED 1,545 per sqft, 73% above what two-beds in Al Mesk Tower were fetching at the time (AED 893). 601's AED 200,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Apr 20254,800,000
16 Dec 20243,500,000
16 Dec 20243,500,000
11 Jun 20243,175,000
0 2-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 6th floor

All 232 units in Al Mesk Tower
Value
6021-bedAED 2.13M · Sep 2024
6034-bedAED 4.15M · Jul 2023
6044-bedAED 1.81M · May 2010
6051-bedAED 744K · Mar 2010
6062-bedAED 1.7M · Aug 2013
6071-bedAED 1.13M · Feb 2009

601, Al Mesk Tower in numbers

  • Sold twice: first on 31 October 2011 for AED 1,267,000, last on 31 October 2011 for AED 2,650,000 (AED 1,545 per sqft).
  • Rented since August 2014 on 12 Ejari contracts. The rent fell from AED 220,000 to AED 115,000 in 2021 and recovered to AED 200,000 by October 2024.
  • At AED 200,000 a year the gross yield on the 2011 price is 7.5%, before a service charge of about AED 25,200 a year (AED 14.69 per sqft).

Source: Dubai Land Department. Updated 20 October 2024.

Questions about 601, Al Mesk Tower

What did unit 601 last sell for?

AED 2,650,000 on 31 October 2011, sold by the developer: AED 1,545 per sqft for 1,715 sqft. The unit has 2 registered sales; the first was AED 1,267,000 in October 2011.

What is the rent for unit 601?

AED 200,000 a year on the contract renewed on 20 October 2024. The previous contract, from October 2024, was AED 200,000; the unit has been rented since August 2014.

How big is unit 601?

1,715 sqft (159.3 sqm): a two-bedroom apartment on the 6th floor of a 37-storey tower completed in 2023.

What is unit 601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 601, Al Mesk Tower

Starts from the last sale price (AED 2.65M, 31 October 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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