1602, KG Tower
Sold prices and rental history: sold once, by the developer in December 2016, 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 1602, KG Tower
What is 1602 worth today?
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Source: Dubai Land Department. Updated 8 October 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,772 sqft
- Floor
- 16th of 18
- Parking
- 37-38
- Developer
- KG Interntaional
- Completed
- 2007
- Service charge
- AED 47,700 /yr
- Last sold
- AED 1.4M · December 2016
- Building
- KG Tower
About 1602, KG Tower
1602 is a three-bedroom apartment of 2,772 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 15 December 2016 for AED 1,400,000, or AED 505 per sqft, in line with the AED 509 three-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 8 October 2026, is AED 160,000 a year: a gross yield of 11.4% on the 2016 price, before the service charge of about AED 47,700 a year.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in KG Tower, and where 1602 sits
All 36 3-beds →1602 last sold in December 2016 at AED 505 per sqft, in line with what three-beds in KG Tower were fetching at the time (AED 509). Over the last 12 months three-beds sold for AED 2,900,000 to 4,400,000, around AED 1,186 per sqft, and rent for AED 160,000 to 180,000 a year. 1602's AED 160,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Apr 202629 April 2026 | 3,077 sqft | 2,900,000 | 942 | ||
| 22 Dec 202522 December 2025 | 3,077 sqft | 4,400,000 | 1,430 | ||
| 1 Oct 20251 October 2025 | 2,613 sqft | 3,000,000 | 1,147 | ||
| 7 Aug 20257 August 2025 | 3,077 sqft | 3,100,000 | 1,007 |
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 Tower1602, KG Tower in numbers
- Sold once: by KG Interntaional on 15 December 2016 for AED 1,400,000, or AED 505 per sqft.
- Rented since May 2014 on 11 Ejari contracts. The rent fell from AED 174,064 to AED 110,000 in 2020 and recovered to AED 160,000 by October 2026.
- At AED 160,000 a year the gross yield on the 2016 price is 11.4%, before a service charge of about AED 47,700 a year (AED 17.22 per sqft).
- Three-beds in KG Tower sold for AED 2,900,000–4,400,000 in the 12 months to November 2026; the building's median across all types is AED 1,186 per sqft.
Source: Dubai Land Department. Updated 8 October 2026.
Questions about 1602, KG Tower
What did unit 1602 last sell for?
AED 1,400,000 on 15 December 2016, sold by the developer: AED 505 per sqft for 2,772 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 160,000 a year on the contract signed on 8 October 2026. The previous contract, from April 2024, was AED 160,000; the unit has been rented since May 2014.
How big is unit 1602?
2,772 sqft (257.5 sqm): a three-bedroom apartment on the 16th floor of a 18-storey tower completed in 2007.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in KG Tower sold for AED 2,900,000 to 4,400,000 in the last 12 months, around AED 1,186 per sqft.
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Mortgage on 1602, KG Tower
Starts from the last sale price (AED 1.4M, 15 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →