1-bed · 789 sqftDream Towers 1, Dubai Marina · 16th floor · completed 2009

1603, Dream Towers 1

Sold prices and rental history: sold 5 times, last in July 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 19 January 2026
Last soldAED 1.02M15 July 2024
Current rentAED 78K /yr19 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Dream Towers 1

What is 1603 worth today?

Last sold for AED 1,020,000 in 2024

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19 Jan 2026RentedNew contract
AED 78,000/yr12 months · AED 99 per sqft
19 Jan 2026RentedNew contract
AED 78,000/yr12 months · AED 99 per sqft
1 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 115 per sqft
1 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 115 per sqft
15 Jul 2024SoldReady
AED 1,020,000AED 1,292 per sqft
30 Jan 2024SoldReady
AED 920,000AED 1,165 per sqft
18 Apr 2023RentedRenewal
AED 55,000/yr12 months · AED 70 per sqft
18 Apr 2022RentedNew contract
AED 55,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 19 January 2026.

Key facts

Type
1-bed apartment
Size
789 sqft
Floor
16th of 29
Parking
B2-F1603
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 17,700 /yr
Last sold
AED 1.02M · July 2024

About 1603, Dream Towers 1

1603 is a one-bedroom apartment of 789 sqft on the 16th floor of Dream Towers 1, a 29-storey tower in Dubai Marina completed in 2009 by Desert Dream Investments & Development Properties. It last sold on 15 July 2024 for AED 1,020,000, or AED 1,292 per sqft, 22% above the AED 1,059 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, signed on 19 January 2026, is AED 78,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 17,700 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical one-bed in Dream Towers 1
500K1M2010201520202025Typical sale price by year: 2010 AED 334,500; 2011 AED 458,000; 2012 AED 550,000; 2013 AED 788,500; 2014 AED 1,000,000; 2015 AED 880,000; 2016 AED 842,500; 2017 AED 800,000; 2019 AED 600,000; 2020 AED 535,000; 2021 AED 500,000; 2022 AED 600,000; 2023 AED 710,000; 2024 AED 860,000; 2025 AED 982,500; 2026 AED 1,100,000Sold by developer, September 2010: AED 334,569 (AED 423 per sqft)Sold, January 2012: AED 452,000 (AED 572 per sqft)Sold, November 2016: AED 1,050,000 (AED 1,330 per sqft)Sold, January 2024: AED 920,000 (AED 1,165 per sqft)Sold, July 2024: AED 1,020,000 (AED 1,292 per sqft)

1603 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1603, each contractTypical one-bed in Dream Towers 1
50K75K2012201620202024Typical rent by year: 2012 AED 57,500; 2013 AED 65,000; 2014 AED 78,000; 2015 AED 80,000; 2016 AED 75,000; 2017 AED 70,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 41,000; 2021 AED 40,000; 2022 AED 47,000; 2023 AED 59,000; 2024 AED 67,000; 2025 AED 70,000; 2026 AED 67,000New contract, April 2022: AED 55,000 a yearRenewal, April 2023: AED 55,000 a yearNew contract, September 2024: AED 90,000 a yearNew contract, September 2024: AED 90,000 a yearNew contract, January 2026: AED 78,000 a yearNew contract, January 2026: AED 78,000 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 Dream Towers 1, and where 1603 sits

All 231 1-beds →

1603 last sold in July 2024 at AED 1,292 per sqft, 22% above what one-beds in Dream Towers 1 were fetching at the time (AED 1,059). Over the last 12 months one-beds sold for AED 900,000 to 1,150,000, around AED 1,352 per sqft, and rent for AED 52,000 to 170,002 a year. 1603's AED 78,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 Aug 2026900,000
10 Mar 20261,100,000
2 Feb 20261,150,000
17 Nov 20251,000,000
4 1-bed sales in the last 12 months

Dream Towers 1

Building

359 apartments, 1-bed to 4-bed over 29 floors in Dubai Marina, completed in 2009 by Desert Dream Investments & Development Properties. 4 sold in the last 12 months.

Typical price per sqft
AED 1,352
Typical sale
AED 1.05M
Typical rent
AED 75K /yr
Typical yield
6.0%
Dream Towers 1, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 359 units in Dream Towers 1
Value
16011-bedAED 930K · Feb 2025
16021-bedAED 520K · Mar 2021
16041-bedAED 416K · Jul 2010
16051-bedAED 820K · Jun 2017
16062-bedNo registered sale
16072-bedNo registered sale
16081-bedAED 450K · Jul 2017
1–7 of 13

1603, Dream Towers 1 in numbers

  • Sold 5 times: first on 16 September 2010 for AED 334,569, last on 15 July 2024 for AED 1,020,000 (AED 1,292 per sqft).
  • Rented since April 2022 on 6 Ejari contracts, from AED 55,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 17,700 a year (AED 22.41 per sqft).
  • One-beds in Dream Towers 1 sold for AED 900,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,352 per sqft.

Source: Dubai Land Department. Updated 19 January 2026.

Questions about 1603, Dream Towers 1

What did unit 1603 last sell for?

AED 1,020,000 on 15 July 2024: AED 1,292 per sqft for 789 sqft. The unit has 5 registered sales; the first was AED 334,569 in September 2010.

What is the rent for unit 1603?

AED 78,000 a year on the contract signed on 19 January 2026. The previous contract, from January 2026, was AED 78,000; the unit has been rented since April 2022.

How big is unit 1603?

789 sqft (73.3 sqm): a one-bedroom apartment on the 16th floor of a 29-storey tower completed in 2009.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Dream Towers 1 sold for AED 900,000 to 1,150,000 in the last 12 months, around AED 1,352 per sqft.

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Mortgage on 1603, Dream Towers 1

Starts from the last sale price (AED 1.02M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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