1603, Marina Tower
Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Marina Tower
What is 1603 worth today?
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Source: Dubai Land Department. Updated 2 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 959 sqft
- Floor
- 16th of 32
- Parking
- P5-116
- Developer
- Select Global Development
- Completed
- 2006
- Service charge
- AED 16,200 /yr
- Last sold
- AED 1.55M · May 2024
- Building
- Marina Tower
About 1603, Marina Tower
1603 is a one-bedroom apartment of 959 sqft on the 16th floor of Marina Tower, a 32-storey tower in Dubai Marina completed in 2006 by Select Global Development. It last sold on 2 May 2024 for AED 1,550,000, or AED 1,616 per sqft, 4% below the AED 1,675 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 7 January 2023, is AED 65,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 16,200 a year.
Sales and rents for 1603 over time
1603 has sold twice; 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 Tower, and where 1603 sits
All 51 1-beds →1603 last sold in May 2024 at AED 1,616 per sqft, 4% below what one-beds in Marina Tower were fetching at the time (AED 1,675). Over the last 12 months one-beds sold for AED 150,857 to 1,807,735, around AED 1,884 per sqft, and rent for AED 67,000 to 125,000 a year. 1603's AED 65,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Aug 202611 August 2026 | 761 sqft | 9,519 | 12 | ||
| 29 Jul 202629 July 2026 | 967 sqft | 41,824 | 43 | ||
| 14 Jul 202614 July 2026 | 769 sqft | 1,800,000 | 2,341 | ||
| 30 Apr 202630 April 2026 | 959 sqft | 1,807,735 | 1,884 |
Marina Tower
Building197 apartments, 1-bed to 3-bed over 32 floors in Dubai Marina, completed in 2006 by Select Global Development. 17 sold in the last 12 months.
- Typical price per sqft
- AED 1,891 Up 3.1%
- Typical sale
- AED 3.4M
- Typical rent
- AED 143K /yr
- Typical yield
- 5.7%
Other units on the 16th floor
All 197 units in Marina Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,586 sqft | AED 3.18MAED 3,180,000 · Jul 2014July 2014 | 96,844 /yr | |
| 1602 | 1-bed | 761 sqft | AED 1.17MAED 1,170,000 · Jun 2022June 2022 | 80,000 /yr | |
| 1604 | 2-bed | 1,269 sqft | AED 2.01MAED 2,010,000 · Oct 2013October 2013 | 126,604 /yr | |
| 1605 | 2-bed | 1,401 sqft | AED 2.19MAED 2,185,000 · Oct 2013October 2013 | 150,000 /yr | |
| 1606 | 3-bed | 1,854 sqft | AED 3.38MAED 3,375,000 · Nov 2025November 2025 | 173,250 /yr | |
| 1607 | 3-bed | 2,001 sqft | AED 3.4MAED 3,400,000 · May 2024May 2024 | 170,000 /yr |
1603, Marina Tower in numbers
- Sold twice: first on 18 July 2013 for AED 1,415,000, last on 2 May 2024 for AED 1,550,000 (AED 1,616 per sqft).
- Rented since October 2012 on 7 Ejari contracts, at AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2024 price is 4.2%, before a service charge of about AED 16,200 a year (AED 16.91 per sqft).
- One-beds in Marina Tower sold for AED 150,857–1,807,735 in the 12 months to November 2026; the building's median across all types is AED 1,891 per sqft.
Source: Dubai Land Department. Updated 2 May 2024.
Questions about 1603, Marina Tower
What did unit 1603 last sell for?
AED 1,550,000 on 2 May 2024: AED 1,616 per sqft for 959 sqft. The unit has 2 registered sales; the first was AED 1,415,000 in July 2013.
What is the rent for unit 1603?
AED 65,000 a year on the contract renewed on 7 January 2023. The previous contract, from December 2021, was AED 60,000; the unit has been rented since October 2012.
How big is unit 1603?
959 sqft (89.1 sqm): a one-bedroom apartment on the 16th floor of a 32-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. One-beds in Marina Tower sold for AED 150,857 to 1,807,735 in the last 12 months, around AED 1,884 per sqft.
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Mortgage on 1603, Marina Tower
Starts from the last sale price (AED 1.55M, 2 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →