2-bed · 1,511 sqftAl Yass Tower, Dubai Marina · 16th floor · completed 2004

1602, Al Yass Tower

Sold prices and rental history: sold once, by the developer in May 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 1.56M13 May 2012
Current rentAED 179K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Al Yass Tower

What is 1602 worth today?

Last sold for AED 1,563,000 in 2012

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1 Jun 2025RentedNew contract
AED 178,500/yr12 months · AED 118 per sqft
1 Jun 2024RentedNew contract
AED 170,000/yr12 months · AED 113 per sqft
1 Jun 2024RentedNew contract
AED 170,000/yr12 months · AED 113 per sqft
4 Nov 2022RentedRenewal
AED 145,000/yr12 months · AED 96 per sqft
4 Nov 2021RentedNew contract
AED 125,000/yr12 months · AED 83 per sqft
27 Sep 2020RentedRenewal
AED 105,000/yr12 months · AED 70 per sqft
27 Sep 2019RentedNew contract
AED 115,000/yr12 months · AED 76 per sqft
25 Mar 2014RentedNew contract
AED 70,000/yr36 months · AED 46 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
2-bed apartment
Size
1,511 sqft
Floor
16th of 24
Parking
499
Developer
Emaar
Completed
2004
Service charge
AED 22,200 /yr
Last sold
AED 1.56M · May 2012

About 1602, Al Yass Tower

1602 is a two-bedroom apartment of 1,511 sqft on the 16th floor of Al Yass Tower, a 24-storey tower in Dubai Marina completed in 2004 by Emaar. The developer sold it on 13 May 2012 for AED 1,563,000, or AED 1,034 per sqft, 6% above the AED 978 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 June 2025, is AED 178,500 a year: a gross yield of 11.4% on the 2012 price, before the service charge of about AED 22,200 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical two-bed in Al Yass Tower
2M4M2008201320182023Typical sale price by year: 2008 AED 1,800,000; 2009 AED 1,543,000; 2010 AED 1,900,000; 2011 AED 1,673,875; 2012 AED 2,450,000; 2013 AED 2,940,000; 2014 AED 3,440,000; 2015 AED 2,755,000; 2016 AED 3,520,000; 2019 AED 2,100,000; 2021 AED 1,850,000; 2022 AED 2,550,000; 2023 AED 3,100,000; 2024 AED 3,250,000; 2025 AED 3,800,000Sold by developer, May 2012: AED 1,563,000 (AED 1,034 per sqft)

1602 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, each contractTypical two-bed in Al Yass Tower
100K200K2012201620202024Typical rent by year: 2012 AED 143,938; 2013 AED 170,000; 2014 AED 195,000; 2015 AED 190,000; 2016 AED 190,000; 2017 AED 180,000; 2018 AED 170,000; 2019 AED 152,500; 2020 AED 115,000; 2021 AED 117,500; 2022 AED 126,000; 2023 AED 165,000; 2024 AED 194,750; 2025 AED 200,000; 2026 AED 200,000New contract, March 2014: AED 70,000 a yearNew contract, September 2019: AED 115,000 a yearRenewal, September 2020: AED 105,000 a yearNew contract, November 2021: AED 125,000 a yearRenewal, November 2022: AED 145,000 a yearNew contract, June 2024: AED 170,000 a yearNew contract, June 2024: AED 170,000 a yearNew contract, June 2025: AED 178,500 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 Yass Tower, and where 1602 sits

All 58 2-beds →

1602 last sold in May 2012 at AED 1,034 per sqft, 6% above what two-beds in Al Yass Tower were fetching at the time (AED 978). Over the last 12 months two-beds sold for AED 3,900,000, around AED 2,581 per sqft, and rent for AED 120,000 to 240,000 a year. 1602's AED 178,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Dec 20253,900,000
29 Sep 20253,500,000
14 May 20254,600,000
13 Jan 20253,700,000
1 2-bed sale in the last 12 months

Al Yass Tower

Building

145 apartments, 1-bed to 5-bed over 24 floors in Dubai Marina, completed in 2004 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,064
Typical sale
AED 4.55M
Typical rent
AED 200K /yr
Typical yield
5.2%
Al Yass Tower, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 145 units in Al Yass Tower
Value
16013-bedAED 3.08M · Oct 2008
16033-bedAED 938K · Nov 2011
16043-bedAED 4.4M · Jun 2024
16052-bedAED 189K · Feb 2019
16063-bedAED 6.65M · Jan 2014

1602, Al Yass Tower in numbers

  • Sold once: by Emaar on 13 May 2012 for AED 1,563,000, or AED 1,034 per sqft.
  • Rented since March 2014 on 8 Ejari contracts, from AED 70,000 to AED 178,500 a year.
  • At AED 178,500 a year the gross yield on the 2012 price is 11.4%, before a service charge of about AED 22,200 a year (AED 14.69 per sqft).
  • Two-beds in Al Yass Tower sold for AED 3,900,000–3,900,000 in the 12 months to November 2026; the building's median across all types is AED 2,064 per sqft.

Source: Dubai Land Department. Updated 1 June 2025.

Questions about 1602, Al Yass Tower

What did unit 1602 last sell for?

AED 1,563,000 on 13 May 2012, sold by the developer: AED 1,034 per sqft for 1,511 sqft. It is the only registered sale of the unit.

What is the rent for unit 1602?

AED 178,500 a year on the contract signed on 1 June 2025. The previous contract, from June 2024, was AED 170,000; the unit has been rented since March 2014.

How big is unit 1602?

1,511 sqft (140.4 sqm): a two-bedroom apartment on the 16th floor of a 24-storey tower completed in 2004.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Yass Tower sold for AED 3,900,000 to 3,900,000 in the last 12 months, around AED 2,581 per sqft.

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Mortgage on 1602, Al Yass Tower

Starts from the last sale price (AED 1.56M, 13 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,563,000
Deposit, UAE resident (20%)
AED 312,600
Deposit, non-resident (40%)
AED 625,200
Monthly over 25 years at 3.7%
AED 6,395

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