1603, KG Tower
Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, KG Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 14 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,528 sqft
- Floor
- 16th of 18
- Parking
- 91-92
- Developer
- KG Interntaional
- Completed
- 2007
- Service charge
- AED 43,500 /yr
- Last sold
- AED 2.4M · October 2024
- Building
- KG Tower
About 1603, KG Tower
1603 is a three-bedroom apartment of 2,528 sqft on the 16th floor of KG Tower, a 18-storey tower in Dubai Marina completed in 2007 by KG Interntaional. It last sold on 14 October 2024 for AED 2,400,000, or AED 949 per sqft, 18% above the AED 803 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 1 July 2022, is AED 120,155 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 43,500 a year.
Sales and rents for 1603 over time
1603 has sold 4 times; 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 1603 sits
All 36 3-beds →1603 last sold in October 2024 at AED 949 per sqft, 18% above what three-beds in KG Tower were fetching at the time (AED 803). 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. 1603's AED 120,155 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 Tower1603, KG Tower in numbers
- Sold 4 times: first on 15 August 2010 for AED 2,090,000, last on 14 October 2024 for AED 2,400,000 (AED 949 per sqft).
- Rented since February 2018 on 5 Ejari contracts. The rent fell from AED 140,000 to AED 100,000 in 2020 and recovered to AED 120,155 by July 2022.
- At AED 120,155 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 43,500 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 14 October 2024.
Questions about 1603, KG Tower
What did unit 1603 last sell for?
AED 2,400,000 on 14 October 2024: AED 949 per sqft for 2,528 sqft. The unit has 4 registered sales; the first was AED 2,090,000 in August 2010.
What is the rent for unit 1603?
AED 120,155 a year on the contract signed on 1 July 2022. The previous contract, from September 2021, was AED 102,500; the unit has been rented since February 2018.
How big is unit 1603?
2,528 sqft (234.9 sqm): a three-bedroom apartment on the 16th floor of a 18-storey tower completed in 2007.
What is unit 1603 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 1603, KG Tower
Starts from the last sale price (AED 2.4M, 14 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →