1603, Marina Heights Tower
Sold prices and rental history: sold twice, last in August 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Marina Heights Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 29 August 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 1,195 sqft
- Floor
- 16th of 53
- Parking
- B3-34
- Developer
- SRG
- Completed
- 2006
- Service charge
- AED 21,400 /yr
- Last sold
- AED 775K · August 2017
- Building
- Marina Heights Tower
About 1603, Marina Heights Tower
1603 is a two-bedroom apartment of 1,195 sqft on the 16th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. It last sold on 29 August 2017 for AED 775,000, or AED 596 per sqft, 55% below the AED 1,316 two-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 15 August 2016, is AED 115,000 a year: a gross yield of 14.8% on the 2017 price, before the service charge of about AED 21,400 a year.
Sales and rents for 1603 over time
1603 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Marina Heights Tower, and where 1603 sits
All 181 2-beds →1603 last sold in August 2017 at AED 596 per sqft, 55% below what two-beds in Marina Heights Tower were fetching at the time (AED 1,316). Over the last 12 months two-beds sold for AED 1,700,000 to 2,550,000, around AED 1,519 per sqft, and rent for AED 85,000 to 350,000 a year. 1603's AED 115,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Oct 202613 October 2026 | 1,784 sqft | 2,490,000 | 1,395 | ||
| 16 Sep 202616 September 2026 | 1,299 sqft | 2,550,000 | 1,962 | ||
| 6 Aug 20266 August 2026 | 1,431 sqft | 2,000,000 | 1,397 | ||
| 27 Jul 202627 July 2026 | 1,186 sqft | 42,131 | 35 |
Marina Heights Tower
Building375 apartments, 1-bed to 5-bed over 53 floors in Dubai Marina, completed in 2006 by SRG. 16 sold in the last 12 months.
- Typical price per sqft
- AED 1,448 Down 0.2%
- Typical sale
- AED 1.98M
- Typical rent
- AED 120K /yr
- Typical yield
- 6.5%
Other units on the 16th floor
All 375 units in Marina Heights Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,293 sqft | AED 1.7MAED 1,700,000 · Jun 2022June 2022 | 160,000 /yr | |
| 1604 | 2-bed | 1,431 sqft | AED 2MAED 2,000,000 · Aug 2026August 2026 | 130,000 /yr | |
| 1605 | 2-bed | 1,430 sqft | AED 1.58MAED 1,575,000 · Apr 2024April 2024 | 108,289 /yr | |
| 1606 | 1-bed | 1,008 sqft | AED 1.19MAED 1,190,000 · May 2023May 2023 | 76,900 /yr | |
| 1607 | 1-bed | 1,011 sqft | AED 1.3MAED 1,300,000 · Jun 2026June 2026 | 83,000 /yr | |
| 1608 | 1-bed | 685 sqft | AED 1.02MAED 1,020,000 · Mar 2010March 2010 | 75,000 /yr | |
| 1609 | 1-bed | 685 sqft | AED 638KAED 638,000 · May 2007May 2007 | 45,000 /yr | |
| 1610 | 2-bed | 1,287 sqft | AED 2.05MAED 2,050,000 · Jan 2025January 2025 | 140,000 /yr | |
| 1611 | 2-bed | 1,159 sqft | AED 800KAED 799,923 · Aug 2009August 2009 | 105,000 /yr |
1603, Marina Heights Tower in numbers
- Sold twice: first on 24 June 2010 for AED 851,675, last on 29 August 2017 for AED 775,000 (AED 596 per sqft).
- Rented since July 2013 on 3 Ejari contracts, from AED 86,500 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2017 price is 14.8%, before a service charge of about AED 21,400 a year (AED 17.95 per sqft).
- Two-beds in Marina Heights Tower sold for AED 1,700,000–2,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,448 per sqft.
Source: Dubai Land Department. Updated 29 August 2017.
Questions about 1603, Marina Heights Tower
What did unit 1603 last sell for?
AED 775,000 on 29 August 2017: AED 596 per sqft for 1,195 sqft. The unit has 2 registered sales; the first was AED 851,675 in June 2010.
What is the rent for unit 1603?
AED 115,000 a year on the contract renewed on 15 August 2016. The previous contract, from August 2015, was AED 115,000; the unit has been rented since July 2013.
How big is unit 1603?
1,195 sqft (111.0 sqm): a two-bedroom apartment on the 16th floor of a 53-storey tower completed in 2006.
What is unit 1603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Heights Tower sold for AED 1,700,000 to 2,550,000 in the last 12 months, around AED 1,519 per sqft.
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Mortgage on 1603, Marina Heights Tower
Starts from the last sale price (AED 775K, 29 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 775,000
- Deposit, UAE resident (20%)
- AED 155,000
- Deposit, non-resident (40%)
- AED 310,000
- Monthly over 25 years at 3.7%
- AED 3,171
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →