2-bed · 1,553 sqftAttessa, Dubai Marina · 16th floor · completed 2008

1601, Attessa

Sold prices and rental history: sold twice, last in January 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 25 January 2021
Last soldAED 1.85M25 January 2021
Current rentAED 140K /yr18 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Attessa

What is 1601 worth today?

Last sold for AED 1,850,000 in 2021

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25 Jan 2021SoldReady
AED 1,850,000AED 1,191 per sqft
18 Feb 2020RentedNew contract
AED 140,000/yr12 months · AED 90 per sqft
2 Feb 2019RentedRenewal
AED 187,000/yr12 months · AED 121 per sqft
2 Feb 2018RentedRenewal
AED 195,000/yr12 months · AED 126 per sqft
2 Feb 2017RentedRenewal
AED 195,000/yr12 months · AED 126 per sqft
2 Feb 2016RentedNew contract
AED 195,000/yr12 months · AED 126 per sqft
1 Feb 2015RentedNew contract
AED 190,000/yr12 months · AED 123 per sqft
15 Feb 2014RentedNew contract
AED 189,436/yr12 months · AED 122 per sqft

Source: Dubai Land Department. Updated 25 January 2021.

Key facts

Type
2-bed apartment
Size
1,553 sqft
Floor
16th of 32
Parking
P4 - 4171
Developer
Emaar
Completed
2008
Service charge
AED 30,400 /yr
Last sold
AED 1.85M · January 2021
Building
Attessa

About 1601, Attessa

1601 is a two-bedroom apartment of 1,553 sqft on the 16th floor of Attessa, a 32-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 25 January 2021 for AED 1,850,000, or AED 1,191 per sqft, 9% below the AED 1,315 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 18 February 2020, is AED 140,000 a year: a gross yield of 7.6% on the 2021 price, before the service charge of about AED 30,400 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical two-bed in Attessa
2M3M2009201420192024Typical sale price by year: 2009 AED 1,700,000; 2010 AED 1,756,888; 2011 AED 1,638,291; 2012 AED 2,115,000; 2013 AED 2,625,000; 2014 AED 3,400,000; 2015 AED 1,730,888; 2016 AED 2,800,000; 2019 AED 2,350,000; 2021 AED 2,137,500; 2022 AED 2,522,004; 2023 AED 2,600,000; 2025 AED 3,280,000; 2026 AED 3,260,000Sold by developer, August 2010: AED 2,975,000 (AED 1,915 per sqft)Sold, January 2021: AED 1,850,000 (AED 1,191 per sqft)

1601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, each contractTypical two-bed in Attessa
150K200K2012201620202024Typical rent by year: 2012 AED 135,000; 2013 AED 157,500; 2014 AED 180,000; 2015 AED 180,000; 2016 AED 180,000; 2017 AED 177,500; 2018 AED 159,571; 2019 AED 140,000; 2020 AED 130,000; 2021 AED 115,000; 2022 AED 125,000; 2023 AED 155,000; 2024 AED 160,000; 2025 AED 170,000; 2026 AED 170,000New contract, February 2014: AED 189,436 a yearNew contract, February 2015: AED 190,000 a yearNew contract, February 2016: AED 195,000 a yearRenewal, February 2017: AED 195,000 a yearRenewal, February 2018: AED 195,000 a yearRenewal, February 2019: AED 187,000 a yearNew contract, February 2020: AED 140,000 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 Attessa, and where 1601 sits

All 60 2-beds →

1601 last sold in January 2021 at AED 1,191 per sqft, 9% below what two-beds in Attessa were fetching at the time (AED 1,315). Over the last 12 months two-beds sold for AED 3,200,000 to 3,500,000, around AED 2,092 per sqft, and rent for AED 120,000 to 200,000 a year. 1601's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Aug 20263,200,000
16 Mar 20263,500,000
12 Jan 20263,260,000
14 May 20253,280,000
3 2-bed sales in the last 12 months

Attessa

Building

153 apartments, studios to 3-bed over 32 floors in Dubai Marina, completed in 2008 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,103
Typical sale
AED 2.4M
Typical rent
AED 120K /yr
Typical yield
5.2%
Attessa, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 153 units in Attessa
Value
16022-bedAED 3.3M · Dec 2013
16031-bedAED 895K · Jun 2023
16041-bedAED 2.13M · May 2026
16051-bedAED 946K · Apr 2009

1601, Attessa in numbers

  • Sold twice: first on 25 August 2010 for AED 2,975,000, last on 25 January 2021 for AED 1,850,000 (AED 1,191 per sqft).
  • Rented since February 2014 on 7 Ejari contracts, from AED 189,436 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2021 price is 7.6%, before a service charge of about AED 30,400 a year (AED 19.56 per sqft).
  • Two-beds in Attessa sold for AED 3,200,000–3,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,103 per sqft.

Source: Dubai Land Department. Updated 25 January 2021.

Questions about 1601, Attessa

What did unit 1601 last sell for?

AED 1,850,000 on 25 January 2021: AED 1,191 per sqft for 1,553 sqft. The unit has 2 registered sales; the first was AED 2,975,000 in August 2010.

What is the rent for unit 1601?

AED 140,000 a year on the contract signed on 18 February 2020. The previous contract, from February 2019, was AED 187,000; the unit has been rented since February 2014.

How big is unit 1601?

1,553 sqft (144.3 sqm): a two-bedroom apartment on the 16th floor of a 32-storey tower completed in 2008.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Attessa sold for AED 3,200,000 to 3,500,000 in the last 12 months, around AED 2,092 per sqft.

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Mortgage on 1601, Attessa

Starts from the last sale price (AED 1.85M, 25 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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