1602, Blakely
Sold prices and rental history: sold twice, last in March 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Blakely
What is 1602 worth today?
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Source: Dubai Land Department. Updated 10 July 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,361 sqft
- Floor
- 16th of 27
- Parking
- P1-1029
- Developer
- Emaar
- Completed
- 2010
- Service charge
- AED 14,200 /yr
- Last sold
- AED 1.36M · March 2011
- Building
- Blakely
About 1602, Blakely
1602 is a two-bedroom apartment of 1,361 sqft on the 16th floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 13 March 2011 for AED 1,362,888, or AED 1,001 per sqft, 11% below the AED 1,126 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 15 Ejari contracts. The current contract, renewed on 10 July 2026, is AED 140,000 a year: a gross yield of 10.3% on the 2011 price, before the service charge of about AED 14,200 a year.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Blakely, and where 1602 sits
All 52 2-beds →1602 last sold in March 2011 at AED 1,001 per sqft, 11% below what two-beds in Blakely were fetching at the time (AED 1,126). Over the last 12 months two-beds sold for AED 2,261,339 to 2,900,000, around AED 1,711 per sqft, and rent for AED 60,000 to 162,000 a year. 1602's AED 140,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 1,463 sqft | 2,600,000 | 1,777 | ||
| 14 Sep 202614 September 2026 | 1,463 sqft | 2,900,000 | 1,982 | ||
| 23 Jun 202623 June 2026 | 1,361 sqft | 2,330,000 | 1,711 | ||
| 18 May 202618 May 2026 | 1,361 sqft | 2,261,339 | 1,661 |
Blakely
Building164 apartments, 1-bed to 3-bed over 27 floors in Dubai Marina, completed in 2010 by Emaar. 18 sold in the last 12 months.
- Typical price per sqft
- AED 1,769 Down 4.4%
- Typical sale
- AED 2.05M
- Typical rent
- AED 105K /yr
- Typical yield
- 5.9%
Other units on the 16th floor
All 164 units in Blakely| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 909 sqft | AED 858KAED 857,888 · Mar 2012March 2012 | 105,000 /yr | |
| 1603 | 2-bed | 1,463 sqft | AED 1.86MAED 1,863,888 · Jan 2011January 2011 | 130,000 /yr | |
| 1604 | 1-bed | 1,052 sqft | AED 867KAED 866,888 · May 2011May 2011 | ||
| 1605 | 1-bed | 709 sqft | AED 703KAED 702,888 · Jun 2011June 2011 | 92,000 /yr | |
| 1606 | 1-bed | 922 sqft | AED 1.55MAED 1,550,000 · Nov 2013November 2013 | 85,000 /yr |
1602, Blakely in numbers
- Sold twice: first on 2 March 2010 for AED 1,362,888, last on 13 March 2011 for AED 1,362,888 (AED 1,001 per sqft).
- Rented since November 2014 on 15 Ejari contracts. The rent fell from AED 165,000 to AED 50,000 in 2022 and recovered to AED 140,000 by July 2026.
- At AED 140,000 a year the gross yield on the 2011 price is 10.3%, before a service charge of about AED 14,200 a year (AED 10.47 per sqft).
- Two-beds in Blakely sold for AED 2,261,339–2,900,000 in the 12 months to November 2026; the building's median across all types is AED 1,769 per sqft.
Source: Dubai Land Department. Updated 10 July 2026.
Questions about 1602, Blakely
What did unit 1602 last sell for?
AED 1,362,888 on 13 March 2011: AED 1,001 per sqft for 1,361 sqft. The unit has 2 registered sales; the first was AED 1,362,888 in March 2010.
What is the rent for unit 1602?
AED 140,000 a year on the contract renewed on 10 July 2026. The previous contract, from July 2025, was AED 140,000; the unit has been rented since November 2014.
How big is unit 1602?
1,361 sqft (126.4 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2010.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Blakely sold for AED 2,261,339 to 2,900,000 in the last 12 months, around AED 1,711 per sqft.
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Mortgage on 1602, Blakely
Starts from the last sale price (AED 1.36M, 13 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,362,888
- Deposit, UAE resident (20%)
- AED 272,578
- Deposit, non-resident (40%)
- AED 545,155
- Monthly over 25 years at 3.7%
- AED 5,576
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →