1612, Dream Towers 1
Sold prices and rental history: sold 3 times, last in May 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1612, Dream Towers 1
What is 1612 worth today?
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Source: Dubai Land Department. Updated 1 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 637 sqft
- Floor
- 16th of 29
- Parking
- B2-F1612
- Developer
- Desert Dream Investments & Development Properties
- Completed
- 2009
- Service charge
- AED 14,300 /yr
- Last sold
- AED 950K · May 2013
- Building
- Dream Towers 1
About 1612, Dream Towers 1
1612 is a one-bedroom apartment of 637 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 20 May 2013 for AED 950,000, or AED 1,491 per sqft, 71% above the AED 872 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 August 2023, is AED 25,000 a year: a gross yield of 2.6% on the 2013 price, before the service charge of about AED 14,300 a year.
Sales and rents for 1612 over time
1612 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 1612 sits
All 231 1-beds →1612 last sold in May 2013 at AED 1,491 per sqft, 71% above what one-beds in Dream Towers 1 were fetching at the time (AED 872). 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. 1612's AED 25,000 is at the bottom 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 | ||
| 1605 | 1-bed | 694 sqft | AED 820KAED 820,000 · Jun 2017June 2017 | 65,000 /yr | |
| 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 | ||
| 1613 | 2-bed | 1,522 sqft | No registered sale | 85,000 /yr | |
| 1614 | 2-bed | 1,522 sqft | No registered sale | 20,000 /yr |
1612, Dream Towers 1 in numbers
- Sold 3 times: first on 27 October 2010 for AED 458,000, last on 20 May 2013 for AED 950,000 (AED 1,491 per sqft).
- Rented since September 2013 on 4 Ejari contracts, from AED 80,000 to AED 25,000 a year.
- At AED 25,000 a year the gross yield on the 2013 price is 2.6%, before a service charge of about AED 14,300 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 1 August 2023.
Questions about 1612, Dream Towers 1
What did unit 1612 last sell for?
AED 950,000 on 20 May 2013: AED 1,491 per sqft for 637 sqft. The unit has 3 registered sales; the first was AED 458,000 in October 2010.
What is the rent for unit 1612?
AED 25,000 a year on the contract signed on 1 August 2023. The previous contract, from October 2018, was AED 30,000; the unit has been rented since September 2013.
How big is unit 1612?
637 sqft (59.2 sqm): a one-bedroom apartment on the 16th floor of a 29-storey tower completed in 2009.
What is unit 1612 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 1612, Dream Towers 1
Starts from the last sale price (AED 950K, 20 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →