1602, Marina View Towers A
Sold prices and rental history: sold twice, last in July 2023, 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 View Towers A
What is 1602 worth today?
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Source: Dubai Land Department. Updated 6 July 2023.
Key facts
- Type
- Studio apartment
- Size
- 418 sqft
- Floor
- 16th of 23
- Parking
- B3 / 80
- Developer
- New City Developers
- Completed
- 2007
- Service charge
- AED 7,000 /yr
- Last sold
- AED 805K · July 2023
- Building
- Marina View Towers A
About 1602, Marina View Towers A
1602 is a studio of 418 sqft on the 16th floor of Marina View Towers A, a 23-storey tower in Dubai Marina completed in 2007 by New City Developers. It last sold on 6 July 2023 for AED 805,000, or AED 1,924 per sqft, 3% above the AED 1,863 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 18 January 2023, is AED 35,617 a year: a gross yield of 4.4% on the 2023 price, before the service charge of about AED 7,000 a year.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Marina View Towers A, and where 1602 sits
All 76 studios →1602 last sold in July 2023 at AED 1,924 per sqft, 3% above what studios in Marina View Towers A were fetching at the time (AED 1,863). Over the last 12 months studios sold for AED 240,000 to 950,000, around AED 2,082 per sqft, and rent for AED 44,000 to 84,000 a year. 1602's AED 35,617 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 418 sqft | 852,241 | 2,036 | ||
| 17 Jul 202617 July 2026 | 209 sqft | 240,000 | 1,146 | ||
| 9 Feb 20269 February 2026 | 404 sqft | 950,000 | 2,349 | ||
| 8 Dec 20258 December 2025 | 418 sqft | 890,000 | 2,127 |
Marina View Towers A
Building256 apartments, studios to 4-bed over 23 floors in Dubai Marina, completed in 2007 by New City Developers. 15 sold in the last 12 months.
- Typical price per sqft
- AED 1,573 Down 8.7%
- Typical sale
- AED 1.3M
- Typical rent
- AED 80K /yr
- Typical yield
- 7.3%
Other units on the 16th floor
All 256 units in Marina View Towers A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 751 sqft | AED 930KAED 930,000 · Nov 2022November 2022 | 85,000 /yr | |
| 1603 | 2-bed | 962 sqft | AED 914KAED 913,921 · Apr 2012April 2012 | 90,000 /yr | |
| 1604 | 2-bed | 953 sqft | AED 1.45MAED 1,450,000 · Oct 2013October 2013 | 112,500 /yr | |
| 1605 | Studio | 404 sqft | AED 436KAED 436,000 · Aug 2014August 2014 | 50,000 /yr | |
| 1606 | 1-bed | 760 sqft | AED 800KAED 800,000 · Mar 2020March 2020 | 76,000 /yr | |
| 1607 | 1-bed | 762 sqft | AED 900KAED 900,000 · Sep 2022September 2022 | 65,000 /yr | |
| 1608 | Studio | 402 sqft | AED 630KAED 630,000 · Mar 2022March 2022 | 70,000 /yr | |
| 1609 | 2-bed | 964 sqft | AED 1MAED 1,000,000 · Oct 2018October 2018 | 99,750 /yr | |
| 1610 | 2-bed | 961 sqft | AED 1.5MAED 1,500,000 · Jan 2014January 2014 | 80,000 /yr | |
| 1611 | Studio | 419 sqft | AED 730KAED 730,000 · Jan 2017January 2017 | 52,500 /yr | |
| 1612 | 1-bed | 749 sqft | AED 663KAED 662,637 · Aug 2009August 2009 | 80,000 /yr |
1602, Marina View Towers A in numbers
- Sold twice: first on 2 November 2009 for AED 315,000, last on 6 July 2023 for AED 805,000 (AED 1,924 per sqft).
- Rented since January 2014 on 8 Ejari contracts. The rent fell from AED 65,000 to AED 27,000 in 2021 and recovered to AED 35,617 by January 2023.
- At AED 35,617 a year the gross yield on the 2023 price is 4.4%, before a service charge of about AED 7,000 a year (AED 16.65 per sqft).
- Studios in Marina View Towers A sold for AED 240,000–950,000 in the 12 months to November 2026; the building's median across all types is AED 1,573 per sqft.
Source: Dubai Land Department. Updated 6 July 2023.
Questions about 1602, Marina View Towers A
What did unit 1602 last sell for?
AED 805,000 on 6 July 2023: AED 1,924 per sqft for 418 sqft. The unit has 2 registered sales; the first was AED 315,000 in November 2009.
What is the rent for unit 1602?
AED 35,617 a year on the contract renewed on 18 January 2023. The previous contract, from January 2022, was AED 29,700; the unit has been rented since January 2014.
How big is unit 1602?
418 sqft (38.8 sqm): a studio on the 16th floor of a 23-storey tower completed in 2007.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Marina View Towers A sold for AED 240,000 to 950,000 in the last 12 months, around AED 2,082 per sqft.
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Mortgage on 1602, Marina View Towers A
Starts from the last sale price (AED 805K, 6 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 805,000
- Deposit, UAE resident (20%)
- AED 161,000
- Deposit, non-resident (40%)
- AED 322,000
- Monthly over 25 years at 3.7%
- AED 3,294
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →