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1-bed · 685 sqftMarina Heights Tower, Dubai Marina · 16th floor · completed 2006

1609, Marina Heights Tower

Sold prices and rental history: sold once, by the developer in May 2007, and rented once, from June 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1609 · DLD and Ejari recordsUpdated 1 June 2013
Last soldAED 638K2 May 2007
Current rentAED 45K /yr1 June 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1609, Marina Heights Tower

What is 1609 worth today?

Last sold for AED 638,000 in 2007

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1 Jun 2013RentedNew contract
AED 45,000/yr36 months · AED 65 per sqft
2 May 2007Sold by developerReady
AED 638,000AED 931 per sqft

Source: Dubai Land Department. Updated 1 June 2013.

Key facts

Type
1-bed apartment
Size
685 sqft
Floor
16th of 53
Parking
B3-40
Developer
SRG
Completed
2006
Service charge
AED 12,300 /yr
Last sold
AED 638K · May 2007
Building
Marina Heights Tower

About 1609, Marina Heights Tower

1609 is a one-bedroom apartment of 685 sqft on the 16th floor of Marina Heights Tower, a 53-storey tower in Dubai Marina completed in 2006 by SRG. The developer sold it on 2 May 2007 for AED 638,000, or AED 931 per sqft.

One Ejari contract is registered, from 1 June 2013. The current contract, signed on 1 June 2013, is AED 45,000 a year: a gross yield of 7.0% on the 2007 price, before the service charge of about AED 12,300 a year.

Sales and rents for 1609 over time

Sales
Unit 1609, each saleTypical one-bed in Marina Heights Tower
500K1M1.5M20072012201720222027Typical sale price by year: 2007 AED 704,070; 2008 AED 718,830; 2009 AED 665,824; 2010 AED 703,337; 2011 AED 696,000; 2012 AED 574,814; 2013 AED 910,000; 2014 AED 1,350,000; 2015 AED 1,137,500; 2016 AED 1,275,000; 2017 AED 1,062,500; 2019 AED 765,000; 2022 AED 900,000; 2023 AED 1,150,000; 2024 AED 1,275,000; 2025 AED 1,375,000; 2026 AED 1,300,000Sold by developer, May 2007: AED 638,000 (AED 931 per sqft)

1609 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1609, each contractTypical one-bed in Marina Heights Tower
50K75K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 86,000; 2015 AED 90,000; 2016 AED 90,478; 2017 AED 89,759; 2018 AED 75,000; 2019 AED 70,000; 2020 AED 56,200; 2021 AED 57,500; 2022 AED 68,650; 2023 AED 75,000; 2024 AED 90,000; 2025 AED 90,000; 2026 AED 85,000New contract, June 2013: AED 45,000 a year

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

1-beds in Marina Heights Tower, and where 1609 sits

All 89 1-beds →

Over the last 12 months one-beds sold for AED 1,300,000, around AED 1,286 per sqft, and rent for AED 62,000 to 145,020 a year. 1609's AED 45,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
10 Sep 20261,300,000
10 Aug 20261,300,000
19 Jun 20261,300,000
30 Jul 20251,215,000
3 1-bed sales in the last 12 months

Marina Heights Tower

Building

375 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%
Marina Heights Tower, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 375 units in Marina Heights Tower
Value
16012-bedAED 1.7M · Jun 2022
16032-bedAED 775K · Aug 2017
16042-bedAED 2M · Aug 2026
16052-bedAED 1.58M · Apr 2024
16061-bedAED 1.19M · May 2023
16071-bedAED 1.3M · Jun 2026
16081-bedAED 1.02M · Mar 2010
1–7 of 9

1609, Marina Heights Tower in numbers

  • Sold once: by SRG on 2 May 2007 for AED 638,000, or AED 931 per sqft.
  • Rented since June 2013 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2007 price is 7.0%, before a service charge of about AED 12,300 a year (AED 17.95 per sqft).
  • One-beds in Marina Heights Tower sold for AED 1,300,000–1,300,000 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 1 June 2013.

Questions about 1609, Marina Heights Tower

What did unit 1609 last sell for?

AED 638,000 on 2 May 2007, sold by the developer: AED 931 per sqft for 685 sqft. It is the only registered sale of the unit.

What is the rent for unit 1609?

AED 45,000 a year on the contract signed on 1 June 2013.

How big is unit 1609?

685 sqft (63.6 sqm): a one-bedroom apartment on the 16th floor of a 53-storey tower completed in 2006.

What is unit 1609 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Heights Tower sold for AED 1,300,000 to 1,300,000 in the last 12 months, around AED 1,286 per sqft.

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Mortgage on 1609, Marina Heights Tower

Starts from the last sale price (AED 638K, 2 May 2007). Switch to today's estimate once you have unlocked it.
Price
AED 638,000
Deposit, UAE resident (20%)
AED 127,600
Deposit, non-resident (40%)
AED 255,200
Monthly over 25 years at 3.7%
AED 2,610

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