4-bed · 2,901 sqftAl Mesk Tower, Dubai Marina · 6th floor · completed 2023

603, Al Mesk Tower

Sold prices and rental history: sold once, by the developer in July 2023, and rented once, from May 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 18 July 2023
Last soldAED 4.15M18 July 2023
Current rentAED 350K /yr1 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Al Mesk Tower

What is 603 worth today?

Last sold for AED 4,150,000 in 2023

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18 Jul 2023Sold by developerReady
AED 4,150,000AED 1,430 per sqft
1 May 2023RentedNew contract
AED 350,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 18 July 2023.

Key facts

Type
4-bed apartment
Size
2,901 sqft
Floor
6th of 37
Parking
2716
Developer
Emaar
Completed
2023
Service charge
AED 42,600 /yr
Last sold
AED 4.15M · July 2023

About 603, Al Mesk Tower

603 is a four-bedroom apartment of 2,901 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 18 July 2023 for AED 4,150,000, or AED 1,430 per sqft, 6% below the AED 1,518 four-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 May 2023. The current contract, signed on 1 May 2023, is AED 350,000 a year: a gross yield of 8.4% on the 2023 price, before the service charge of about AED 42,600 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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 2023: AED 4,150,000 (AED 1,430 per sqft)

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

Rents
Unit 603, 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, May 2023: 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 603 sits

All 54 4-beds →

603 last sold in July 2023 at AED 1,430 per sqft, 6% below what four-beds in Al Mesk Tower were fetching at the time (AED 1,518). 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. 603'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 6th floor

All 232 units in Al Mesk Tower
Value
6012-bedAED 1.27M · Oct 2011
6021-bedAED 2.13M · Sep 2024
6044-bedAED 1.81M · May 2010
6051-bedAED 744K · Mar 2010
6062-bedAED 1.7M · Aug 2013
6071-bedAED 1.13M · Feb 2009

603, Al Mesk Tower in numbers

  • Sold once: by Emaar on 18 July 2023 for AED 4,150,000, or AED 1,430 per sqft.
  • Rented since May 2023 on one Ejari contract, at AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2023 price is 8.4%, 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 18 July 2023.

Questions about 603, Al Mesk Tower

What did unit 603 last sell for?

AED 4,150,000 on 18 July 2023, sold by the developer: AED 1,430 per sqft for 2,901 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 350,000 a year on the contract signed on 1 May 2023.

How big is unit 603?

2,901 sqft (269.5 sqm): a four-bedroom apartment on the 6th floor of a 37-storey tower completed in 2023.

What is unit 603 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 603, Al Mesk Tower

Starts from the last sale price (AED 4.15M, 18 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,150,000
Deposit, UAE resident (20%)
AED 830,000
Deposit, non-resident (40%)
AED 1,660,000
Monthly over 25 years at 3.7%
AED 16,979

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