3-bed · 2,337 sqftAl Yass Tower, Dubai Marina · 16th floor · completed 2004

1606, Al Yass Tower

Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 19 June 2017
Last soldAED 6.65M22 January 2014
Current rentAED 240K /yr19 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Al Yass Tower

What is 1606 worth today?

Last sold for AED 6,650,000 in 2014

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19 Jun 2017RentedRenewal
AED 240,000/yr12 months · AED 103 per sqft
19 Jun 2016RentedNew contract
AED 240,000/yr12 months · AED 103 per sqft
12 Jan 2015RentedNew contract
AED 255,000/yr12 months · AED 109 per sqft
22 Jan 2014SoldReady
AED 6,650,000AED 2,845 per sqft
12 Jan 2014RentedNew contract
AED 230,000/yr12 months · AED 98 per sqft
12 Jan 2013RentedNew contract
AED 230,000/yr12 months · AED 98 per sqft
23 Feb 2012Sold by developerReady
AED 2,643,850AED 1,131 per sqft

Source: Dubai Land Department. Updated 19 June 2017.

Key facts

Type
3-bed apartment
Size
2,337 sqft
Floor
16th of 24
Parking
515 , 516
Developer
Emaar
Completed
2004
Service charge
AED 34,300 /yr
Last sold
AED 6.65M · January 2014

About 1606, Al Yass Tower

1606 is a three-bedroom apartment of 2,337 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 22 January 2014 for AED 6,650,000, or AED 2,845 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 19 June 2017, is AED 240,000 a year: a gross yield of 3.6% on the 2014 price, before the service charge of about AED 34,300 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical three-bed in Al Yass Tower
2.5M5M7.5M2008201320182023Typical 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, February 2012: AED 2,643,850 (AED 1,131 per sqft)Sold, January 2014: AED 6,650,000 (AED 2,845 per sqft)

1606 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1606, each contractTypical three-bed in Al Yass Tower
200K2012201620202024Typical 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, January 2013: AED 230,000 a yearNew contract, January 2014: AED 230,000 a yearNew contract, January 2015: AED 255,000 a yearNew contract, June 2016: AED 240,000 a yearRenewal, June 2017: AED 240,000 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 1606 sits

All 48 3-beds →

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. 1606's AED 240,000 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
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
16033-bedAED 938K · Nov 2011
16043-bedAED 4.4M · Jun 2024
16052-bedAED 189K · Feb 2019

1606, Al Yass Tower in numbers

  • Sold twice: first on 23 February 2012 for AED 2,643,850, last on 22 January 2014 for AED 6,650,000 (AED 2,845 per sqft).
  • Rented since January 2013 on 5 Ejari contracts, from AED 230,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2014 price is 3.6%, before a service charge of about AED 34,300 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 19 June 2017.

Questions about 1606, Al Yass Tower

What did unit 1606 last sell for?

AED 6,650,000 on 22 January 2014: AED 2,845 per sqft for 2,337 sqft. The unit has 2 registered sales; the first was AED 2,643,850 in February 2012.

What is the rent for unit 1606?

AED 240,000 a year on the contract renewed on 19 June 2017. The previous contract, from June 2016, was AED 240,000; the unit has been rented since January 2013.

How big is unit 1606?

2,337 sqft (217.1 sqm): a three-bedroom apartment on the 16th floor of a 24-storey tower completed in 2004.

What is unit 1606 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 1606, Al Yass Tower

Starts from the last sale price (AED 6.65M, 22 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 6,650,000
Deposit, UAE resident (20%)
AED 1,330,000
Deposit, non-resident (40%)
AED 2,660,000
Monthly over 25 years at 3.7%
AED 27,207

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