2-bed · 1,251 sqftDream Towers 1, Dubai Marina · 16th floor · completed 2009

1606, Dream Towers 1

Sold prices and rental history: no registered sale, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 1 November 2024
Current rentAED 85K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Dream Towers 1

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1 Nov 2024RentedRenewal
AED 85,000/yr12 months · AED 68 per sqft
1 Nov 2024RentedRenewal
AED 85,000/yr12 months · AED 68 per sqft
1 Nov 2023RentedRenewal
AED 76,000/yr12 months · AED 61 per sqft
1 Nov 2022RentedNew contract
AED 65,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
2-bed apartment
Size
1,251 sqft
Floor
16th of 29
Parking
B2-F1606
Developer
Desert Dream Investments & Development Properties
Completed
2009
Service charge
AED 28,000 /yr
Last sold
No registered sale

About 1606, Dream Towers 1

1606 is a two-bedroom apartment of 1,251 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. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 85,000 a year, before the service charge of about AED 28,000 a year.

Sales and rents for 1606 over time

Rents
Unit 1606, each contractTypical two-bed in Dream Towers 1
50K75K100K2013201720212025Typical rent by year: 2013 AED 80,000; 2014 AED 90,000; 2015 AED 91,500; 2016 AED 100,000; 2017 AED 95,000; 2018 AED 88,000; 2019 AED 80,000; 2020 AED 71,000; 2021 AED 55,001; 2022 AED 59,000; 2023 AED 72,850; 2024 AED 84,180; 2025 AED 85,000; 2026 AED 85,000New contract, November 2022: AED 65,000 a yearRenewal, November 2023: AED 76,000 a yearRenewal, November 2024: AED 85,000 a yearRenewal, November 2024: AED 85,000 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 Dream Towers 1, and where 1606 sits

All 126 2-beds →

1606's AED 85,000 is in the lower half of that range.

0 2-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
16031-bedAED 1.02M · Jul 2024
16041-bedAED 416K · Jul 2010
16051-bedAED 820K · Jun 2017
16072-bedNo registered sale
16081-bedAED 450K · Jul 2017
1–7 of 13

1606, Dream Towers 1 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since November 2022 on 4 Ejari contracts, from AED 65,000 to AED 85,000 a year.

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 1606, Dream Towers 1

What is the rent for unit 1606?

AED 85,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2024, was AED 85,000; the unit has been rented since November 2022.

How big is unit 1606?

1,251 sqft (116.2 sqm): a two-bedroom apartment on the 16th floor of a 29-storey tower completed in 2009.

What is unit 1606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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