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

1604, Al Yass Tower

Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1604 · DLD and Ejari recordsUpdated 6 June 2024
Last soldAED 4.4M6 June 2024
Current rentAED 187K /yr20 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1604, Al Yass Tower

What is 1604 worth today?

Last sold for AED 4,400,000 in 2024

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6 Jun 2024SoldReady
AED 4,400,000AED 1,747 per sqft
6 Jun 2024SoldReady
AED 4,400,000AED 1,747 per sqft
20 May 2023RentedRenewal
AED 187,000/yr12 months · AED 74 per sqft
20 May 2022RentedNew contract
AED 170,000/yr12 months · AED 67 per sqft
20 May 2021RentedNew contract
AED 155,000/yr12 months · AED 62 per sqft
11 Apr 2020RentedRenewal
AED 170,000/yr12 months · AED 67 per sqft
11 Apr 2019RentedRenewal
AED 175,000/yr12 months · AED 69 per sqft
11 Apr 2018RentedNew contract
AED 180,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 6 June 2024.

Key facts

Type
3-bed apartment
Size
2,518 sqft
Floor
16th of 24
Parking
P1-512,P1-513
Developer
Emaar
Completed
2004
Service charge
AED 37,000 /yr
Last sold
AED 4.4M · June 2024

About 1604, Al Yass Tower

1604 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 6 June 2024 for AED 4,400,000, or AED 1,747 per sqft, 11% above the AED 1,571 three-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 20 May 2023, is AED 187,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 37,000 a year.

Sales and rents for 1604 over time

Sales
Unit 1604, each saleTypical three-bed in Al Yass Tower
2M4M6M2008201320182023Typical 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 by developer, August 2010: AED 2,222,000 (AED 882 per sqft)Sold, February 2012: AED 2,500,000 (AED 992 per sqft)Sold, June 2024: AED 4,400,000 (AED 1,747 per sqft)Sold, June 2024: AED 4,400,000 (AED 1,747 per sqft)

1604 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1604, 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 247,500New contract, April 2018: AED 180,000 a yearRenewal, April 2019: AED 175,000 a yearRenewal, April 2020: AED 170,000 a yearNew contract, May 2021: AED 155,000 a yearNew contract, May 2022: AED 170,000 a yearRenewal, May 2023: AED 187,000 a year

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 1604 sits

All 48 3-beds →

1604 last sold in June 2024 at AED 1,747 per sqft, 11% above what three-beds in Al Yass Tower were fetching at the time (AED 1,571). 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. 1604's AED 187,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Mar 20265,300,000
28 Nov 20254,250,000
28 Nov 20254,850,000
19 Apr 20243,950,000
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
16033-bedAED 938K · Nov 2011
16052-bedAED 189K · Feb 2019
16063-bedAED 6.65M · Jan 2014

1604, Al Yass Tower in numbers

  • Sold 4 times: first on 29 August 2010 for AED 2,222,000, last on 6 June 2024 for AED 4,400,000 (AED 1,747 per sqft).
  • Rented since April 2018 on 6 Ejari contracts. The rent fell from AED 180,000 to AED 155,000 in 2021 and recovered to AED 187,000 by May 2023.
  • At AED 187,000 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 37,000 a year (AED 14.69 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 6 June 2024.

Questions about 1604, Al Yass Tower

What did unit 1604 last sell for?

AED 4,400,000 on 6 June 2024: AED 1,747 per sqft for 2,518 sqft. The unit has 4 registered sales; the first was AED 2,222,000 in August 2010.

What is the rent for unit 1604?

AED 187,000 a year on the contract renewed on 20 May 2023. The previous contract, from May 2022, was AED 170,000; the unit has been rented since April 2018.

How big is unit 1604?

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 1604 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 1604, Al Yass Tower

Starts from the last sale price (AED 4.4M, 6 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

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