1-bed · 923 sqftDubai Marina Star Tower, Dubai Marina · 16th floor · completed 2023

O1602, Dubai Marina Star Tower

Sold prices and rental history: sold once, by the developer in August 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit O1602 · DLD and Ejari recordsUpdated 30 August 2023
Last soldAED 2.59M30 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for O1602, Dubai Marina Star Tower

What is O1602 worth today?

Last sold for AED 2,593,704 in 2023

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30 Aug 2023Sold by developerOff-plan
AED 2,593,704AED 2,811 per sqft

Source: Dubai Land Department. Updated 30 August 2023.

Key facts

Type
1-bed apartment
Size
923 sqft
Floor
16th of 48
Parking
B1-10
Developer
Condor Real Estate Development
Completed
2023
Last sold
AED 2.59M · August 2023

About O1602, Dubai Marina Star Tower

O1602 is a one-bedroom apartment of 923 sqft on the 16th floor of Dubai Marina Star Tower, a 48-storey tower in Dubai Marina completed in 2023 by Condor Real Estate Development . The developer sold it on 30 August 2023 for AED 2,593,704, or AED 2,811 per sqft, in line with the AED 2,866 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for O1602 over time

Sales
Unit O1602, each saleTypical one-bed in Dubai Marina Star Tower
1M2M2010201520202025Typical sale price by year: 2010 AED 1,049,217; 2013 AED 1,255,048; 2023 AED 922,574; 2024 AED 2,372,355; 2025 AED 2,385,315; 2026 AED 2,418,932Sold by developer, August 2023: AED 2,593,704 (AED 2,811 per sqft)

O1602 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit O1602, each contractTypical one-bed in Dubai Marina Star Tower
125K150K2024202520262027Typical rent by year: 2024 AED 160,000; 2025 AED 150,000; 2026 AED 110,000

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Dubai Marina Star Tower, and where O1602 sits

All 94 1-beds →

O1602 last sold in August 2023 at AED 2,811 per sqft, in line with what one-beds in Dubai Marina Star Tower were fetching at the time (AED 2,866). Over the last 12 months one-beds sold for AED 1,410,000 to 3,348,502, around AED 3,000 per sqft, and rent for AED 90,000 to 160,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Jul 20262,555,281
11 Jun 20262,996,003
15 May 20261,410,000
26 Mar 20262,213,044
11 1-bed sales in the last 12 months

Dubai Marina Star Tower

Building

206 apartments, studios to 5-bed over 48 floors in Dubai Marina, completed in 2023 by Condor Real Estate Development . 28 sold in the last 12 months.

Typical price per sqft
AED 2,999 Up 7.1%
Typical sale
AED 2.21M
Typical rent
AED 110K /yr
Typical yield
4.7%
Dubai Marina Star Tower, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 206 units in Dubai Marina Star Tower
Value
O16011-bedAED 2.15M · Aug 2024
O16031-bedAED 2.25M · Feb 2024
O16041-bedAED 1.05M · May 2010
O16051-bedAED 3.22M · Oct 2024
S1601StudioAED 784K · Jun 2010
S1602StudioAED 484K · Nov 2023
S1603StudioAED 1.22M · Dec 2024
1–7 of 9

O1602, Dubai Marina Star Tower in numbers

  • Sold once: by Condor Real Estate Development on 30 August 2023 for AED 2,593,704, or AED 2,811 per sqft.
  • One-beds in Dubai Marina Star Tower sold for AED 1,410,000–3,348,502 in the 12 months to November 2026; the building's median across all types is AED 2,999 per sqft.

Source: Dubai Land Department. Updated 30 August 2023.

Questions about O1602, Dubai Marina Star Tower

What did unit O1602 last sell for?

AED 2,593,704 on 30 August 2023, sold by the developer: AED 2,811 per sqft for 923 sqft. It is the only registered sale of the unit.

How big is unit O1602?

923 sqft (85.7 sqm): a one-bedroom apartment on the 16th floor of a 48-storey tower completed in 2023.

What is unit O1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Dubai Marina Star Tower sold for AED 1,410,000 to 3,348,502 in the last 12 months, around AED 3,000 per sqft.

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Mortgage on O1602, Dubai Marina Star Tower

Starts from the last sale price (AED 2.59M, 30 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,593,704
Deposit, UAE resident (20%)
AED 518,741
Deposit, non-resident (40%)
AED 1,037,482
Monthly over 25 years at 3.7%
AED 10,612

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