1-bed · 479 sqftAurora, Dubai Marina · 16th floor · completed 2013

1602, Aurora

Sold prices and rental history: sold twice, last in February 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 504K26 February 2017
Current rentAED 110K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Aurora

What is 1602 worth today?

Last sold for AED 504,000 in 2017

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1 Oct 2024RentedRenewal
AED 110,000/yr12 months · AED 115 per sqft
1 Oct 2024RentedRenewal
AED 110,000/yr12 months · AED 115 per sqft
1 Oct 2023RentedNew contract
AED 110,000/yr12 months · AED 115 per sqft
14 Sep 2022RentedRenewal
AED 75,000/yr12 months · AED 78 per sqft
14 Sep 2021RentedRenewal
AED 75,000/yr12 months · AED 78 per sqft
14 Sep 2020RentedRenewal
AED 75,000/yr12 months · AED 78 per sqft
14 Sep 2019RentedNew contract
AED 80,000/yr12 months · AED 84 per sqft
25 Aug 2018RentedNew contract
AED 115,000/yr12 months · AED 120 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
479 sqft
Floor
16th of 27
Parking
P1 - 1087
Developer
Aurora Real Estate Development
Completed
2013
Service charge
AED 9,400 /yr
Last sold
AED 504K · February 2017
Building
Aurora

About 1602, Aurora

1602 is a one-bedroom apartment of 479 sqft on the 16th floor of Aurora, a 27-storey tower in Dubai Marina completed in 2013 by Aurora Real Estate Development. It last sold on 26 February 2017 for AED 504,000, or AED 1,052 per sqft, 41% below the AED 1,771 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 110,000 a year: a gross yield of 21.8% on the 2017 price, before the service charge of about AED 9,400 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical one-bed in Aurora
1M2M2009201420192024Typical sale price by year: 2009 AED 632,194; 2010 AED 997,888; 2011 AED 1,070,388; 2012 AED 1,016,888; 2013 AED 975,190; 2014 AED 1,930,000; 2015 AED 1,800,000; 2016 AED 1,775,000; 2017 AED 1,750,000; 2018 AED 1,602,500; 2019 AED 1,200,375; 2020 AED 1,125,000; 2021 AED 1,412,500; 2022 AED 1,612,500; 2023 AED 1,770,000; 2024 AED 2,175,000; 2025 AED 2,100,000; 2026 AED 1,953,500Sold by developer, July 2010: AED 449,444 (AED 469 per sqft)Sold, February 2017: AED 504,000 (AED 1,052 per sqft)

1602 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1602, each contractTypical one-bed in Aurora
75K100K125K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 100,000; 2014 AED 120,000; 2015 AED 120,248; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 95,000; 2020 AED 80,500; 2021 AED 80,000; 2022 AED 85,000; 2023 AED 109,000; 2024 AED 120,000; 2025 AED 119,750; 2026 AED 100,000New contract, August 2015: AED 115,000 a yearNew contract, August 2018: AED 115,000 a yearNew contract, September 2019: AED 80,000 a yearRenewal, September 2020: AED 75,000 a yearRenewal, September 2021: AED 75,000 a yearRenewal, September 2022: AED 75,000 a yearNew contract, October 2023: AED 110,000 a yearRenewal, October 2024: AED 110,000 a yearRenewal, October 2024: AED 110,000 a year

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

1-beds in Aurora, and where 1602 sits

All 72 1-beds →

1602 last sold in February 2017 at AED 1,052 per sqft, 41% below what one-beds in Aurora were fetching at the time (AED 1,771). Over the last 12 months one-beds sold for AED 1,750,000 to 2,100,000, around AED 2,039 per sqft, and rent for AED 75,000 to 158,000 a year. 1602's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Aug 20261,750,000
26 Mar 20262,017,000
5 Feb 20261,890,000
8 Jan 20262,100,000
4 1-bed sales in the last 12 months

Aurora

Building

129 apartments, studios to 3-bed over 27 floors in Dubai Marina, completed in 2013 by Aurora Real Estate Development. 8 sold in the last 12 months.

Typical price per sqft
AED 2,031
Typical sale
AED 2.05M
Typical rent
AED 120K /yr
Typical yield
5.5%
Aurora, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 129 units in Aurora
Value
16011-bedAED 1.65M · Dec 2022
16031-bedAED 514K · May 2010
16042-bedAED 2.67M · Nov 2021
16052-bedAED 2.5M · May 2016

1602, Aurora in numbers

  • Sold twice: first on 22 July 2010 for AED 449,444, last on 26 February 2017 for AED 504,000 (AED 1,052 per sqft).
  • Rented since August 2015 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 75,000 in 2022 and recovered to AED 110,000 by October 2024.
  • At AED 110,000 a year the gross yield on the 2017 price is 21.8%, before a service charge of about AED 9,400 a year (AED 19.56 per sqft).
  • One-beds in Aurora sold for AED 1,750,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,031 per sqft.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 1602, Aurora

What did unit 1602 last sell for?

AED 504,000 on 26 February 2017: AED 1,052 per sqft for 479 sqft. The unit has 2 registered sales; the first was AED 449,444 in July 2010.

What is the rent for unit 1602?

AED 110,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2024, was AED 110,000; the unit has been rented since August 2015.

How big is unit 1602?

479 sqft (44.5 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2013.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Aurora sold for AED 1,750,000 to 2,100,000 in the last 12 months, around AED 2,039 per sqft.

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Mortgage on 1602, Aurora

Starts from the last sale price (AED 504K, 26 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 504,000
Deposit, UAE resident (20%)
AED 100,800
Deposit, non-resident (40%)
AED 201,600
Monthly over 25 years at 3.7%
AED 2,062

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