1607, Marina Tower
Sold prices and rental history: sold 3 times, last in May 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1607, Marina Tower
What is 1607 worth today?
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Source: Dubai Land Department. Updated 16 May 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,001 sqft
- Floor
- 16th of 32
- Parking
- P5-122, P5-123
- Developer
- Select Global Development
- Completed
- 2006
- Service charge
- AED 33,800 /yr
- Last sold
- AED 3.4M · May 2024
- Building
- Marina Tower
About 1607, Marina Tower
1607 is a three-bedroom apartment of 2,001 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 16 May 2024 for AED 3,400,000, or AED 1,699 per sqft, in line with the AED 1,685 three-beds in the building were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 20 June 2019, is AED 170,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 33,800 a year.
Sales and rents for 1607 over time
1607 has sold 3 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 Marina Tower, and where 1607 sits
All 76 3-beds →1607 last sold in May 2024 at AED 1,699 per sqft, in line with what three-beds in Marina Tower were fetching at the time (AED 1,685). Over the last 12 months three-beds sold for AED 3,000,000 to 4,700,000, around AED 2,056 per sqft, and rent for AED 110,000 to 250,000 a year. 1607's AED 170,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 1,854 sqft | 3,615,000 | 1,950 | ||
| 19 Aug 202619 August 2026 | 2,274 sqft | 4,275,000 | 1,879 | ||
| 6 Aug 20266 August 2026 | 1,586 sqft | 124,219 | 78 | ||
| 12 May 202612 May 2026 | 1,586 sqft | 3,000,000 | 1,891 |
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 | |
| 1603 | 1-bed | 959 sqft | AED 1.55MAED 1,550,000 · May 2024May 2024 | 65,000 /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, Marina Tower in numbers
- Sold 3 times: first on 19 February 2014 for AED 3,825,000, last on 16 May 2024 for AED 3,400,000 (AED 1,699 per sqft).
- Rented since April 2013 on 3 Ejari contracts, from AED 150,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 33,800 a year (AED 16.91 per sqft).
- Three-beds in Marina Tower sold for AED 3,000,000–4,700,000 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 16 May 2024.
Questions about 1607, Marina Tower
What did unit 1607 last sell for?
AED 3,400,000 on 16 May 2024: AED 1,699 per sqft for 2,001 sqft. The unit has 3 registered sales; the first was AED 3,825,000 in February 2014.
What is the rent for unit 1607?
AED 170,000 a year on the contract renewed on 20 June 2019. The previous contract, from June 2018, was AED 170,000; the unit has been rented since April 2013.
How big is unit 1607?
2,001 sqft (185.9 sqm): a three-bedroom apartment on the 16th floor of a 32-storey tower completed in 2006.
What is unit 1607 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Marina Tower sold for AED 3,000,000 to 4,700,000 in the last 12 months, around AED 2,056 per sqft.
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Mortgage on 1607, Marina Tower
Starts from the last sale price (AED 3.4M, 16 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,400,000
- Deposit, UAE resident (20%)
- AED 680,000
- Deposit, non-resident (40%)
- AED 1,360,000
- Monthly over 25 years at 3.7%
- AED 13,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →