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2-bed · 1,576 sqftAl Yass Tower, Dubai Marina · 6th floor · completed 2004

602, Al Yass Tower

Sold prices and rental history: sold twice, last in May 2021, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 17 May 2021
Last soldAED 1.8M17 May 2021
Current rentAED 150K /yr1 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 602, Al Yass Tower

What is 602 worth today?

Last sold for AED 1,800,000 in 2021

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17 May 2021SoldReady
AED 1,800,000AED 1,142 per sqft
1 Sep 2017RentedNew contract
AED 150,000/yr12 months · AED 95 per sqft
10 Nov 2016RentedNew contract
AED 165,000/yr12 months · AED 105 per sqft
24 May 2009Sold by developerReady
AED 2,000,000AED 1,268 per sqft

Source: Dubai Land Department. Updated 17 May 2021.

Key facts

Type
2-bed apartment
Size
1,576 sqft
Floor
6th of 24
Parking
2520
Developer
Emaar
Completed
2004
Service charge
AED 23,200 /yr
Last sold
AED 1.8M · May 2021
Building
Al Yass Tower

About 602, Al Yass Tower

602 is a two-bedroom apartment of 1,576 sqft on the 6th floor of Al Yass Tower, a 24-storey tower in Dubai Marina completed in 2004 by Emaar. It last sold on 17 May 2021 for AED 1,800,000, or AED 1,142 per sqft, in line with the AED 1,167 two-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 1 September 2017, is AED 150,000 a year: a gross yield of 8.3% on the 2021 price, before the service charge of about AED 23,200 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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 2009: AED 2,000,000 (AED 1,268 per sqft)Sold, May 2021: AED 1,800,000 (AED 1,142 per sqft)

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

Rents
Unit 602, each contractTypical two-bed in Al Yass Tower
100K150K200K2012201620202024Typical 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, November 2016: AED 165,000 a yearNew contract, September 2017: AED 150,000 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 602 sits

All 58 2-beds →

602 last sold in May 2021 at AED 1,142 per sqft, in line with what two-beds in Al Yass Tower were fetching at the time (AED 1,167). 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. 602's AED 150,000 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 6th floor

All 145 units in Al Yass Tower
Value
6012-bedAED 3.4M · Jan 2024
6033-bedAED 1.15M · Mar 2011
6043-bedAED 1.81M · Aug 2010
6052-bedAED 1.95M · May 2009
6062-bedAED 3M · Jun 2022
6071-bedAED 1.24M · Feb 2013

602, Al Yass Tower in numbers

  • Sold twice: first on 24 May 2009 for AED 2,000,000, last on 17 May 2021 for AED 1,800,000 (AED 1,142 per sqft).
  • Rented since November 2016 on 2 Ejari contracts, from AED 165,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2021 price is 8.3%, before a service charge of about AED 23,200 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 17 May 2021.

Questions about 602, Al Yass Tower

What did unit 602 last sell for?

AED 1,800,000 on 17 May 2021: AED 1,142 per sqft for 1,576 sqft. The unit has 2 registered sales; the first was AED 2,000,000 in May 2009.

What is the rent for unit 602?

AED 150,000 a year on the contract signed on 1 September 2017. The previous contract, from November 2016, was AED 165,000.

How big is unit 602?

1,576 sqft (146.4 sqm): a two-bedroom apartment on the 6th floor of a 24-storey tower completed in 2004.

What is unit 602 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 602, Al Yass Tower

Starts from the last sale price (AED 1.8M, 17 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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