2-bed · 1,443 sqftDorra Bay Tower, Dubai Marina · 16th floor · completed 2008

1603, Dorra Bay Tower

Sold prices and rental history: sold 3 times, last in September 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 7 September 2022
Last soldAED 1.6M7 September 2022
Current rentAED 100K /yr2 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Dorra Bay Tower

What is 1603 worth today?

Last sold for AED 1,600,000 in 2022

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7 Sep 2022SoldReady
AED 1,600,000AED 1,108 per sqft
21 Apr 2022SoldReady
AED 960,000AED 665 per sqft
2 Jun 2021RentedNew contract
AED 100,000/yr12 months · AED 69 per sqft
8 Apr 2020RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft
19 Jun 2018RentedNew contract
AED 130,000/yr12 months · AED 90 per sqft
26 Apr 2009Sold by developerReady
AED 1,281,228AED 887 per sqft

Source: Dubai Land Department. Updated 7 September 2022.

Key facts

Type
2-bed apartment
Size
1,443 sqft
Floor
16th of 21
Parking
44A / 45A
Developer
Cayan Real Estate Investment & Development
Completed
2008
Service charge
AED 30,300 /yr
Last sold
AED 1.6M · September 2022

About 1603, Dorra Bay Tower

1603 is a two-bedroom apartment of 1,443 sqft on the 16th floor of Dorra Bay Tower, a 21-storey tower in Dubai Marina completed in 2008 by Cayan Real Estate Investment & Development. It last sold on 7 September 2022 for AED 1,600,000, or AED 1,108 per sqft, 66% above the AED 667 two-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 2 June 2021, is AED 100,000 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 30,300 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical two-bed in Dorra Bay Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,078,556; 2010 AED 1,269,386; 2011 AED 1,125,000; 2012 AED 1,363,500; 2013 AED 1,650,000; 2014 AED 2,150,000; 2016 AED 1,500,000; 2018 AED 1,575,000; 2019 AED 1,300,000; 2020 AED 1,150,000; 2021 AED 1,240,000; 2022 AED 1,120,000; 2023 AED 1,900,000; 2024 AED 2,180,000; 2025 AED 2,025,000; 2026 AED 2,212,500Sold by developer, April 2009: AED 1,281,228 (AED 887 per sqft)Sold, April 2022: AED 960,000 (AED 665 per sqft)Sold, September 2022: AED 1,600,000 (AED 1,108 per sqft)

1603 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, each contractTypical two-bed in Dorra Bay Tower
100K125K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 117,500; 2014 AED 135,000; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 130,000; 2018 AED 115,000; 2019 AED 96,000; 2020 AED 85,000; 2021 AED 90,000; 2022 AED 110,000; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 131,250; 2026 AED 129,000New contract, June 2018: AED 130,000 a yearNew contract, April 2020: AED 120,000 a yearNew contract, June 2021: AED 100,000 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 Dorra Bay Tower, and where 1603 sits

All 67 2-beds →

1603 last sold in September 2022 at AED 1,108 per sqft, 66% above what two-beds in Dorra Bay Tower were fetching at the time (AED 667). Over the last 12 months two-beds sold for AED 1,890,000 to 2,950,000, around AED 1,593 per sqft, and rent for AED 100,000 to 150,000 a year. 1603's AED 100,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20262,100,000
11 Sep 20262,175,000
23 Apr 20261,890,000
15 Apr 20262,250,000
7 2-bed sales in the last 12 months

Dorra Bay Tower

Building

189 apartments, 1-bed to 4-bed over 21 floors in Dubai Marina, completed in 2008 by Cayan Real Estate Investment & Development. 17 sold in the last 12 months.

Typical price per sqft
AED 1,488 Up 3.6%
Typical sale
AED 2.18M
Typical rent
AED 105K /yr
Typical yield
6.4%
Dorra Bay Tower, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 189 units in Dorra Bay Tower
Value
16013-bedAED 2.73M · Mar 2025
16023-bedAED 2.75M · Mar 2026
16044-bedAED 3.5M · Sep 2026
16052-bedAED 2.3M · Nov 2024
16062-bedAED 2.15M · May 2025
16072-bedAED 2.09M · Apr 2025
16082-bedAED 2.23M · Jun 2024

1603, Dorra Bay Tower in numbers

  • Sold 3 times: first on 26 April 2009 for AED 1,281,228, last on 7 September 2022 for AED 1,600,000 (AED 1,108 per sqft).
  • Rented since June 2018 on 3 Ejari contracts, from AED 130,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 30,300 a year (AED 20.98 per sqft).
  • Two-beds in Dorra Bay Tower sold for AED 1,890,000–2,950,000 in the 12 months to November 2026; the building's median across all types is AED 1,488 per sqft.

Source: Dubai Land Department. Updated 7 September 2022.

Questions about 1603, Dorra Bay Tower

What did unit 1603 last sell for?

AED 1,600,000 on 7 September 2022: AED 1,108 per sqft for 1,443 sqft. The unit has 3 registered sales; the first was AED 1,281,228 in April 2009.

What is the rent for unit 1603?

AED 100,000 a year on the contract signed on 2 June 2021. The previous contract, from April 2020, was AED 120,000; the unit has been rented since June 2018.

How big is unit 1603?

1,443 sqft (134.1 sqm): a two-bedroom apartment on the 16th floor of a 21-storey tower completed in 2008.

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 Dorra Bay Tower sold for AED 1,890,000 to 2,950,000 in the last 12 months, around AED 1,593 per sqft.

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Mortgage on 1603, Dorra Bay Tower

Starts from the last sale price (AED 1.6M, 7 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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