1601, KG Tower
Sold prices and rental history: sold once, by the developer in May 2009, and rented once, from January 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, KG Tower
What is 1601 worth today?
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Source: Dubai Land Department. Updated 23 January 2014.
Key facts
- Type
- 4-bed apartment
- Size
- 3,697 sqft
- Floor
- 16th of 18
- Parking
- 11 & 12
- Developer
- KG Interntaional
- Completed
- 2007
- Service charge
- AED 63,700 /yr
- Last sold
- AED 5.5M · May 2009
- Building
- KG Tower
About 1601, KG Tower
1601 is a four-bedroom apartment of 3,697 sqft on the 16th floor of KG Tower, a 18-storey tower in Dubai Marina completed in 2007 by KG Interntaional. The developer sold it on 3 May 2009 for AED 5,500,000, or AED 1,487 per sqft.
One Ejari contract is registered, from 23 January 2014. The current contract, signed on 23 January 2014, is AED 240,000 a year: a gross yield of 4.4% on the 2009 price, before the service charge of about AED 63,700 a year.
4-beds in KG Tower, and where 1601 sits
All 4 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jan 202121 January 2021 | 3,726 sqft | 2,800,000 | 751 | ||
| 23 Sep 201323 September 2013 | 3,491 sqft | 2,150,000 | 615 | ||
| 3 May 20093 May 2009 | 3,726 sqft | 5,800,000 | 1,556 |
KG Tower
Building68 apartments, 2-bed to 4-bed over 18 floors in Dubai Marina, completed in 2007 by KG Interntaional. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,186
- Typical sale
- AED 3.65M
- Typical rent
- AED 140K /yr
- Typical yield
- 5.8%
Other units on the 16th floor
All 68 units in KG Tower1601, KG Tower in numbers
- Sold once: by KG Interntaional on 3 May 2009 for AED 5,500,000, or AED 1,487 per sqft.
- Rented since January 2014 on one Ejari contract, at AED 240,000 a year.
- At AED 240,000 a year the gross yield on the 2009 price is 4.4%, before a service charge of about AED 63,700 a year (AED 17.22 per sqft).
Source: Dubai Land Department. Updated 23 January 2014.
Questions about 1601, KG Tower
What did unit 1601 last sell for?
AED 5,500,000 on 3 May 2009, sold by the developer: AED 1,487 per sqft for 3,697 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 240,000 a year on the contract signed on 23 January 2014.
How big is unit 1601?
3,697 sqft (343.5 sqm): a four-bedroom apartment on the 16th floor of a 18-storey tower completed in 2007.
What is unit 1601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1601, KG Tower
Starts from the last sale price (AED 5.5M, 3 May 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 5,500,000
- Deposit, UAE resident (20%)
- AED 1,100,000
- Deposit, non-resident (40%)
- AED 2,200,000
- Monthly over 25 years at 3.7%
- AED 22,502
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →