2-bed · 1,480 sqftBonaire, Dubai Marina · 16th floor · completed 2010

1602, Bonaire

Sold prices and rental history: sold 4 times, last in September 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 2.65M29 September 2013
Current rentAED 148K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Bonaire

What is 1602 worth today?

Last sold for AED 2,650,000 in 2013

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10 Jun 2024RentedRenewal
AED 148,000/yr12 months · AED 100 per sqft
10 Jun 2024RentedRenewal
AED 148,000/yr12 months · AED 100 per sqft
10 Jun 2023RentedRenewal
AED 108,675/yr12 months · AED 73 per sqft
10 Jun 2022RentedRenewal
AED 94,500/yr12 months · AED 64 per sqft
10 Jun 2021RentedRenewal
AED 90,000/yr12 months · AED 61 per sqft
10 Jun 2020RentedRenewal
AED 90,000/yr12 months · AED 61 per sqft
10 Jun 2019RentedRenewal
AED 90,000/yr12 months · AED 61 per sqft
10 Jun 2018RentedNew contract
AED 122,500/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
2-bed apartment
Size
1,480 sqft
Floor
16th of 31
Parking
G-G058
Developer
Emaar
Completed
2010
Service charge
AED 15,500 /yr
Last sold
AED 2.65M · September 2013
Building
Bonaire

About 1602, Bonaire

1602 is a two-bedroom apartment of 1,480 sqft on the 16th floor of Bonaire, a 31-storey tower in Dubai Marina completed in 2010 by Emaar. It last sold on 29 September 2013 for AED 2,650,000, or AED 1,790 per sqft, 21% above the AED 1,475 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 10 June 2024, is AED 148,000 a year: a gross yield of 5.6% on the 2013 price, before the service charge of about AED 15,500 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical two-bed in Bonaire
2M2009201420192024Typical sale price by year: 2009 AED 1,495,888; 2010 AED 1,608,888; 2011 AED 1,575,000; 2012 AED 1,600,000; 2013 AED 2,029,444; 2014 AED 2,600,000; 2015 AED 2,412,500; 2016 AED 1,850,000; 2017 AED 2,050,000; 2018 AED 2,000,000; 2021 AED 1,525,000; 2022 AED 2,050,000; 2024 AED 2,400,000; 2025 AED 2,735,000; 2026 AED 2,480,000Sold by developer, March 2010: AED 1,591,888 (AED 1,075 per sqft)Sold, February 2012: AED 1,600,000 (AED 1,081 per sqft)Sold, February 2012: AED 1,591,888 (AED 1,075 per sqft)Sold, September 2013: AED 2,650,000 (AED 1,790 per sqft)

1602 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, each contractTypical two-bed in Bonaire
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 130,000; 2014 AED 150,000; 2015 AED 157,500; 2016 AED 155,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 125,000; 2020 AED 100,000; 2021 AED 100,000; 2022 AED 110,000; 2023 AED 130,000; 2024 AED 142,250; 2025 AED 147,500; 2026 AED 145,000New contract, December 2013: AED 170,000 a yearNew contract, July 2015: AED 155,000 a yearNew contract, June 2016: AED 150,000 a yearRenewal, June 2017: AED 145,000 a yearNew contract, June 2018: AED 122,500 a yearRenewal, June 2019: AED 90,000 a yearRenewal, June 2020: AED 90,000 a yearRenewal, June 2021: AED 90,000 a yearRenewal, June 2022: AED 94,500 a yearRenewal, June 2023: AED 108,675 a yearRenewal, June 2024: AED 148,000 a yearRenewal, June 2024: AED 148,000 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 Bonaire, and where 1602 sits

All 93 2-beds →

1602 last sold in September 2013 at AED 1,790 per sqft, 21% above what two-beds in Bonaire were fetching at the time (AED 1,475). Over the last 12 months two-beds sold for AED 2,015,000 to 3,000,000, around AED 1,783 per sqft, and rent for AED 50,000 to 180,000 a year. 1602's AED 148,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Sep 20262,550,000
1 Jun 20262,015,000
21 May 20262,480,000
28 Apr 20262,100,000
10 2-bed sales in the last 12 months

Bonaire

Building

189 apartments, 1-bed to 3-bed over 31 floors in Dubai Marina, completed in 2010 by Emaar. 22 sold in the last 12 months.

Typical price per sqft
AED 1,847 Down 7.4%
Typical sale
AED 2.08M
Typical rent
AED 123K /yr
Typical yield
5.8%
Bonaire, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 189 units in Bonaire
Value
16012-bedAED 2.54M · Jul 2017
16032-bedAED 1.75M · Feb 2011
16041-bedAED 835K · Feb 2021
16051-bedAED 1.15M · Mar 2012
16061-bedAED 861K · Mar 2011

1602, Bonaire in numbers

  • Sold 4 times: first on 2 March 2010 for AED 1,591,888, last on 29 September 2013 for AED 2,650,000 (AED 1,790 per sqft).
  • Rented since December 2013 on 12 Ejari contracts. The rent fell from AED 170,000 to AED 90,000 in 2021 and recovered to AED 148,000 by June 2024.
  • At AED 148,000 a year the gross yield on the 2013 price is 5.6%, before a service charge of about AED 15,500 a year (AED 10.47 per sqft).
  • Two-beds in Bonaire sold for AED 2,015,000–3,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,847 per sqft.

Source: Dubai Land Department. Updated 10 June 2024.

Questions about 1602, Bonaire

What did unit 1602 last sell for?

AED 2,650,000 on 29 September 2013: AED 1,790 per sqft for 1,480 sqft. The unit has 4 registered sales; the first was AED 1,591,888 in March 2010.

What is the rent for unit 1602?

AED 148,000 a year on the contract renewed on 10 June 2024. The previous contract, from June 2024, was AED 148,000; the unit has been rented since December 2013.

How big is unit 1602?

1,480 sqft (137.5 sqm): a two-bedroom apartment on the 16th floor of a 31-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 Bonaire sold for AED 2,015,000 to 3,000,000 in the last 12 months, around AED 1,783 per sqft.

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Mortgage on 1602, Bonaire

Starts from the last sale price (AED 2.65M, 29 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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