1603, Blakely
Sold prices and rental history: sold twice, last in January 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Blakely
What is 1603 worth today?
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Source: Dubai Land Department. Updated 1 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,463 sqft
- Floor
- 16th of 27
- Parking
- P1-1048
- Developer
- Emaar
- Completed
- 2010
- Service charge
- AED 15,300 /yr
- Last sold
- AED 1.86M · January 2011
- Building
- Blakely
About 1603, Blakely
1603 is a two-bedroom apartment of 1,463 sqft on the 16th floor of Blakely, a 27-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 25 January 2011 for AED 1,863,888, or AED 1,273 per sqft, 8% above the AED 1,179 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 15 Ejari contracts. The current contract, signed on 1 August 2026, is AED 130,000 a year: a gross yield of 7.0% on the 2011 price, before the service charge of about AED 15,300 a year.
Sales and rents for 1603 over time
1603 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 1603 sits
All 52 2-beds →1603 last sold in January 2011 at AED 1,273 per sqft, 8% above what two-beds in Blakely were fetching at the time (AED 1,179). 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. 1603's AED 130,000 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 | |
| 1602 | 2-bed | 1,361 sqft | AED 1.36MAED 1,362,888 · Mar 2011March 2011 | 140,000 /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 |
1603, Blakely in numbers
- Sold twice: first on 5 August 2009 for AED 1,863,888, last on 25 January 2011 for AED 1,863,888 (AED 1,273 per sqft).
- Rented since March 2015 on 15 Ejari contracts. The rent fell from AED 198,333 to AED 115,000 in 2021 and recovered to AED 130,000 by August 2026.
- At AED 130,000 a year the gross yield on the 2011 price is 7.0%, before a service charge of about AED 15,300 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 1 August 2026.
Questions about 1603, Blakely
What did unit 1603 last sell for?
AED 1,863,888 on 25 January 2011: AED 1,273 per sqft for 1,463 sqft. The unit has 2 registered sales; the first was AED 1,863,888 in August 2009.
What is the rent for unit 1603?
AED 130,000 a year on the contract signed on 1 August 2026. The previous contract, from June 2025, was AED 140,000; the unit has been rented since March 2015.
How big is unit 1603?
1,463 sqft (135.9 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2010.
What is unit 1603 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 1603, Blakely
Starts from the last sale price (AED 1.86M, 25 January 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,863,888
- Deposit, UAE resident (20%)
- AED 372,778
- Deposit, non-resident (40%)
- AED 745,555
- Monthly over 25 years at 3.7%
- AED 7,626
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →