1602, Marina Residence B
Sold prices and rental history: sold once, by the developer in October 2013, 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, Marina Residence B
What is 1602 worth today?
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Source: Dubai Land Department. Updated 1 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 723 sqft
- Floor
- 16th of 16
- Parking
- 62(B1)
- Developer
- Al Maskan Al Hadeeth Real Estate Developmant
- Completed
- 2006
- Service charge
- AED 13,300 /yr
- Last sold
- AED 539K · October 2013
- Building
- Marina Residence B
About 1602, Marina Residence B
1602 is a one-bedroom apartment of 723 sqft on the 16th floor of Marina Residence B, a 16-storey tower in Dubai Marina completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant . The developer sold it on 3 October 2013 for AED 538,821, or AED 745 per sqft, 21% below the AED 942 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 69,000 a year: a gross yield of 12.8% on the 2013 price, before the service charge of about AED 13,300 a year.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Marina Residence B, and where 1602 sits
All 89 1-beds →1602 last sold in October 2013 at AED 745 per sqft, 21% below what one-beds in Marina Residence B were fetching at the time (AED 942). Over the last 12 months one-beds sold for AED 960,000 to 1,190,000, around AED 1,615 per sqft, and rent for AED 60,000 to 100,000 a year. 1602's AED 69,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 613 sqft | 960,000 | 1,566 | ||
| 12 Jun 202612 June 2026 | 613 sqft | 1,050,000 | 1,712 | ||
| 25 Mar 202625 March 2026 | 613 sqft | 990,000 | 1,615 | ||
| 18 Mar 202618 March 2026 | 723 sqft | 1,095,000 | 1,514 |
Marina Residence B
Building105 apartments, 1-bed to 3-bed over 16 floors in Dubai Marina, completed in 2006 by Al Maskan Al Hadeeth Real Estate Developmant . 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,615
- Typical sale
- AED 1.05M
- Typical rent
- AED 74K /yr
- Typical yield
- 6.9%
Other units on the 16th floor
All 105 units in Marina Residence B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 613 sqft | AED 1.05MAED 1,050,000 · Oct 2014October 2014 | 60,000 /yr | |
| 1603 | 1-bed | 602 sqft | AED 509KAED 509,249 · Nov 2008November 2008 | 72,000 /yr | |
| 1604 | 1-bed | 723 sqft | AED 985KAED 985,000 · Feb 2024February 2024 | 95,000 /yr | |
| 1605 | 1-bed | 613 sqft | AED 551KAED 550,904 · Oct 2009October 2009 | 75,000 /yr | |
| 1606 | 3-bed | 1,815 sqft | AED 1.7MAED 1,700,000 · May 2023May 2023 | 210,000 /yr |
1602, Marina Residence B in numbers
- Sold once: by Al Maskan Al Hadeeth Real Estate Developmant on 3 October 2013 for AED 538,821, or AED 745 per sqft.
- Rented since January 2014 on 9 Ejari contracts. The rent fell from AED 66,000 to AED 48,000 in 2021 and recovered to AED 69,000 by June 2025.
- At AED 69,000 a year the gross yield on the 2013 price is 12.8%, before a service charge of about AED 13,300 a year (AED 18.43 per sqft).
- One-beds in Marina Residence B sold for AED 960,000–1,190,000 in the 12 months to November 2026; the building's median across all types is AED 1,615 per sqft.
Source: Dubai Land Department. Updated 1 June 2025.
Questions about 1602, Marina Residence B
What did unit 1602 last sell for?
AED 538,821 on 3 October 2013, sold by the developer: AED 745 per sqft for 723 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 69,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 69,000; the unit has been rented since January 2014.
How big is unit 1602?
723 sqft (67.2 sqm): a one-bedroom apartment on the 16th floor of a 16-storey tower completed in 2006.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Residence B sold for AED 960,000 to 1,190,000 in the last 12 months, around AED 1,615 per sqft.
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Mortgage on 1602, Marina Residence B
Starts from the last sale price (AED 539K, 3 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 538,821
- Deposit, UAE resident (20%)
- AED 107,764
- Deposit, non-resident (40%)
- AED 215,528
- Monthly over 25 years at 3.7%
- AED 2,204
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →