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3-bed · 2,518 sqftAl Yass Tower, Dubai Marina · 16th floor · completed 2004

1603, Al Yass Tower

Sold prices and rental history: sold twice, last in November 2011, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 21 November 2011
Last soldAED 938K21 November 2011
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1603, Al Yass Tower

What is 1603 worth today?

Last sold for AED 937,500 in 2011

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21 Nov 2011SoldReady
AED 937,500AED 372 per sqft
1 Nov 2011Sold by developerReady
AED 937,500AED 372 per sqft

Source: Dubai Land Department. Updated 21 November 2011.

Key facts

Type
3-bed apartment
Size
2,518 sqft
Floor
16th of 24
Parking
524 , 525
Developer
Emaar
Completed
2004
Service charge
AED 37,000 /yr
Last sold
AED 938K · November 2011
Building
Al Yass Tower

About 1603, Al Yass Tower

1603 is a three-bedroom apartment of 2,518 sqft on the 16th floor of Al Yass Tower, a 24-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 21 November 2011 for AED 937,500, or AED 372 per sqft, 54% below the AED 815 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical three-bed in Al Yass Tower
2.5M5M2008201320182023Typical sale price by year: 2008 AED 2,600,000; 2009 AED 2,550,555; 2010 AED 1,815,000; 2011 AED 2,222,000; 2012 AED 2,537,500; 2014 AED 5,575,000; 2015 AED 5,250,000; 2021 AED 2,367,500; 2023 AED 3,800,000; 2024 AED 4,175,000Sold, November 2011: AED 937,500 (AED 372 per sqft)Sold by developer, November 2011: AED 937,500 (AED 372 per sqft)

1603 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1603, each contractTypical three-bed in Al Yass Tower
150K200K250K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 210,000; 2014 AED 232,500; 2015 AED 240,000; 2016 AED 236,250; 2017 AED 230,385; 2018 AED 200,000; 2019 AED 177,500; 2020 AED 170,000; 2021 AED 144,500; 2022 AED 175,000; 2023 AED 190,000; 2024 AED 207,500; 2025 AED 234,000; 2026 AED 247,500

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

3-beds in Al Yass Tower, and where 1603 sits

All 48 3-beds →

1603 last sold in November 2011 at AED 372 per sqft, 54% below what three-beds in Al Yass Tower were fetching at the time (AED 815). Over the last 12 months three-beds sold for AED 4,250,000 to 5,300,000, around AED 1,926 per sqft, and rent for AED 70,000 to 450,000 a year.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Mar 20265,300,000
28 Nov 20254,250,000
28 Nov 20254,850,000
6 Jun 20244,400,000
3 3-bed sales 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
16022-bedAED 1.56M · May 2012
16043-bedAED 4.4M · Jun 2024
16052-bedAED 189K · Feb 2019
16063-bedAED 6.65M · Jan 2014

1603, Al Yass Tower in numbers

  • Sold twice: first on 1 November 2011 for AED 937,500, last on 21 November 2011 for AED 937,500 (AED 372 per sqft).
  • Three-beds in Al Yass Tower sold for AED 4,250,000–5,300,000 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 21 November 2011.

Questions about 1603, Al Yass Tower

What did unit 1603 last sell for?

AED 937,500 on 21 November 2011: AED 372 per sqft for 2,518 sqft. The unit has 2 registered sales; the first was AED 937,500 in November 2011.

How big is unit 1603?

2,518 sqft (233.9 sqm): a three-bedroom apartment on the 16th floor of a 24-storey tower completed in 2004.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Yass Tower sold for AED 4,250,000 to 5,300,000 in the last 12 months, around AED 1,926 per sqft.

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Mortgage on 1603, Al Yass Tower

Starts from the last sale price (AED 938K, 21 November 2011). Switch to today's estimate once you have unlocked it.
Price
AED 937,500
Deposit, UAE resident (20%)
AED 187,500
Deposit, non-resident (40%)
AED 375,000
Monthly over 25 years at 3.7%
AED 3,836

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