1605, Dream Towers 1
Sold prices and rental history: sold 3 times, last in June 2017, 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 1605, Dream Towers 1
What is 1605 worth today?
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Source: Dubai Land Department. Updated 21 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 694 sqft
- Floor
- 16th of 29
- Parking
- B2-F1605
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 15,600 /yr
- Last sold
- AED 820K · June 2017
- Building
- Dream Towers 1
About 1605, Dream Towers 1
1605 is a one-bedroom apartment of 694 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 12 June 2017 for AED 820,000, or AED 1,180 per sqft, 5% above the AED 1,125 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 21 April 2024, is AED 65,000 a year: a gross yield of 7.9% on the 2017 price, before the service charge of about AED 15,600 a year.
Sales and rents for 1605 over time
1605 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1605 sits
All 231 1-beds →1605 last sold in June 2017 at AED 1,180 per sqft, 5% above what one-beds in Dream Towers 1 were fetching at the time (AED 1,125). 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. 1605's AED 65,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Aug 20264 August 2026 | 694 sqft | 900,000 | 1,297 | ||
| 10 Mar 202610 March 2026 | 782 sqft | 1,100,000 | 1,406 | ||
| 2 Feb 20262 February 2026 | 678 sqft | 1,150,000 | 1,696 | ||
| 17 Nov 202517 November 2025 | 779 sqft | 1,000,000 | 1,284 |
Dream Towers 1
Building359 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%
Other units on the 16th floor
All 359 units in Dream Towers 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 679 sqft | AED 930KAED 930,000 · Feb 2025February 2025 | 68,000 /yr | |
| 1602 | 1-bed | 774 sqft | AED 520KAED 520,000 · Mar 2021March 2021 | 75,000 /yr | |
| 1603 | 1-bed | 789 sqft | AED 1.02MAED 1,020,000 · Jul 2024July 2024 | 78,000 /yr | |
| 1604 | 1-bed | 731 sqft | AED 416KAED 416,000 · Jul 2010July 2010 | ||
| 1606 | 2-bed | 1,251 sqft | No registered sale | 85,000 /yr | |
| 1607 | 2-bed | 1,251 sqft | No registered sale | 78,750 /yr | |
| 1608 | 1-bed | 678 sqft | AED 450KAED 450,000 · Jul 2017July 2017 | 85,000 /yr | |
| 1609 | 1-bed | 729 sqft | AED 770KAED 770,000 · Nov 2023November 2023 | 82,000 /yr | |
| 1610 | 1-bed | 798 sqft | AED 800KAED 800,000 · Apr 2024April 2024 | 63,000 /yr | |
| 1611 | 1-bed | 779 sqft | AED 1.05MAED 1,050,000 · Sep 2014September 2014 | ||
| 1612 | 1-bed | 637 sqft | AED 950KAED 950,000 · May 2013May 2013 | 25,000 /yr | |
| 1613 | 2-bed | 1,522 sqft | No registered sale | 85,000 /yr | |
| 1614 | 2-bed | 1,522 sqft | No registered sale | 20,000 /yr |
1605, Dream Towers 1 in numbers
- Sold 3 times: first on 27 October 2010 for AED 482,000, last on 12 June 2017 for AED 820,000 (AED 1,180 per sqft).
- Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 78,000 to AED 36,000 in 2021 and recovered to AED 65,000 by April 2024.
- At AED 65,000 a year the gross yield on the 2017 price is 7.9%, before a service charge of about AED 15,600 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 21 April 2024.
Questions about 1605, Dream Towers 1
What did unit 1605 last sell for?
AED 820,000 on 12 June 2017: AED 1,180 per sqft for 694 sqft. The unit has 3 registered sales; the first was AED 482,000 in October 2010.
What is the rent for unit 1605?
AED 65,000 a year on the contract renewed on 21 April 2024. The previous contract, from April 2024, was AED 65,000; the unit has been rented since August 2014.
How big is unit 1605?
694 sqft (64.5 sqm): a one-bedroom apartment on the 16th floor of a 29-storey tower completed in 2009.
What is unit 1605 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 1605, Dream Towers 1
Starts from the last sale price (AED 820K, 12 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 820,000
- Deposit, UAE resident (20%)
- AED 164,000
- Deposit, non-resident (40%)
- AED 328,000
- Monthly over 25 years at 3.7%
- AED 3,355
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →