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1-bed · 760 sqftMarina View Towers A, Dubai Marina · 16th floor · completed 2007

1606, Marina View Towers A

Sold prices and rental history: sold 3 times, last in March 2020, and rented once, from November 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 23 March 2020
Last soldAED 800K23 March 2020
Current rentAED 76K /yr5 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1606, Marina View Towers A

What is 1606 worth today?

Last sold for AED 800,000 in 2020

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23 Mar 2020SoldReady
AED 800,000AED 1,053 per sqft
5 Nov 2018RentedNew contract
AED 76,000/yr12 months · AED 99 per sqft
14 Oct 2018SoldReady
AED 880,000AED 1,158 per sqft
2 Feb 2014Sold by developerReady
AED 1,050,000AED 1,382 per sqft

Source: Dubai Land Department. Updated 23 March 2020.

Key facts

Type
1-bed apartment
Size
760 sqft
Floor
16th of 23
Parking
B3 / 82
Developer
New City Developers
Completed
2007
Service charge
AED 12,600 /yr
Last sold
AED 800K · March 2020
Building
Marina View Towers A

About 1606, Marina View Towers A

1606 is a one-bedroom apartment of 760 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 23 March 2020 for AED 800,000, or AED 1,053 per sqft.

One Ejari contract is registered, from 5 November 2018. The current contract, signed on 5 November 2018, is AED 76,000 a year: a gross yield of 9.5% on the 2020 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical one-bed in Marina View Towers A
500K1M2009201420192024Typical sale price by year: 2009 AED 661,319; 2010 AED 587,757; 2011 AED 620,000; 2012 AED 731,330; 2013 AED 870,000; 2014 AED 1,190,000; 2015 AED 1,120,000; 2016 AED 1,110,000; 2017 AED 1,019,000; 2018 AED 880,000; 2020 AED 730,000; 2021 AED 665,000; 2022 AED 884,000; 2023 AED 1,115,000; 2024 AED 1,290,000; 2025 AED 1,280,000Sold by developer, February 2014: AED 1,050,000 (AED 1,382 per sqft)Sold, October 2018: AED 880,000 (AED 1,158 per sqft)Sold, March 2020: AED 800,000 (AED 1,053 per sqft)

1606 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1606, each contractTypical one-bed in Marina View Towers A
60K80K2012201620202024Typical rent by year: 2012 AED 60,000; 2013 AED 75,000; 2014 AED 90,000; 2015 AED 90,750; 2016 AED 90,000; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 65,000; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 63,800; 2023 AED 76,000; 2024 AED 82,500; 2025 AED 84,000; 2026 AED 80,000New contract, November 2018: AED 76,000 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 View Towers A, and where 1606 sits

All 96 1-beds →

Over the last 12 months one-beds sold for AED 1,061,946 to 1,300,000, around AED 1,626 per sqft, and rent for AED 55,000 to 121,000 a year. 1606's AED 76,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Jun 20261,061,946
12 Jan 20261,300,000
14 Nov 20251,235,000
30 Jul 20251,280,000
3 1-bed sales in the last 12 months

Marina View Towers A

Building

256 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%
Marina View Towers A, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 256 units in Marina View Towers A
Value
16011-bedAED 930K · Nov 2022
1602StudioAED 805K · Jul 2023
16032-bedAED 914K · Apr 2012
16042-bedAED 1.45M · Oct 2013
1605StudioAED 436K · Aug 2014
16071-bedAED 900K · Sep 2022
1608StudioAED 630K · Mar 2022
1–7 of 11

1606, Marina View Towers A in numbers

  • Sold 3 times: first on 2 February 2014 for AED 1,050,000, last on 23 March 2020 for AED 800,000 (AED 1,053 per sqft).
  • Rented since November 2018 on one Ejari contract, at AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2020 price is 9.5%, before a service charge of about AED 12,600 a year (AED 16.65 per sqft).
  • One-beds in Marina View Towers A sold for AED 1,061,946–1,300,000 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 23 March 2020.

Questions about 1606, Marina View Towers A

What did unit 1606 last sell for?

AED 800,000 on 23 March 2020: AED 1,053 per sqft for 760 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in February 2014.

What is the rent for unit 1606?

AED 76,000 a year on the contract signed on 5 November 2018.

How big is unit 1606?

760 sqft (70.6 sqm): a one-bedroom apartment on the 16th floor of a 23-storey tower completed in 2007.

What is unit 1606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina View Towers A sold for AED 1,061,946 to 1,300,000 in the last 12 months, around AED 1,626 per sqft.

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Mortgage on 1606, Marina View Towers A

Starts from the last sale price (AED 800K, 23 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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