1-bed · 762 sqftMarina View Towers A, Dubai Marina · 16th floor · completed 2007

1607, Marina View Towers A

Sold prices and rental history: sold twice, last in September 2022, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 29 September 2022
Last soldAED 900K29 September 2022
Current rentAED 65K /yr1 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Marina View Towers A

What is 1607 worth today?

Last sold for AED 900,000 in 2022

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29 Sep 2022SoldReady
AED 900,000AED 1,181 per sqft
1 May 2018RentedNew contract
AED 65,000/yr12 months · AED 85 per sqft
13 Mar 2017RentedRenewal
AED 77,000/yr12 months · AED 101 per sqft
13 Mar 2016RentedNew contract
AED 77,000/yr12 months · AED 101 per sqft
17 Nov 2009Sold by developerReady
AED 743,000AED 975 per sqft

Source: Dubai Land Department. Updated 29 September 2022.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
16th of 23
Parking
B2/114
Developer
New City Developers
Completed
2007
Service charge
AED 12,700 /yr
Last sold
AED 900K · September 2022

About 1607, Marina View Towers A

1607 is a one-bedroom apartment of 762 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 29 September 2022 for AED 900,000, or AED 1,181 per sqft, 10% above the AED 1,078 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 1 May 2018, is AED 65,000 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, 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, November 2009: AED 743,000 (AED 975 per sqft)Sold, September 2022: AED 900,000 (AED 1,181 per sqft)

1607 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1607, 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, March 2016: AED 77,000 a yearRenewal, March 2017: AED 77,000 a yearNew contract, May 2018: AED 65,000 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 1607 sits

All 96 1-beds →

1607 last sold in September 2022 at AED 1,181 per sqft, 10% above what one-beds in Marina View Towers A were fetching at the time (AED 1,078). 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. 1607's AED 65,000 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
16061-bedAED 800K · Mar 2020
1608StudioAED 630K · Mar 2022
1–7 of 11

1607, Marina View Towers A in numbers

  • Sold twice: first on 17 November 2009 for AED 743,000, last on 29 September 2022 for AED 900,000 (AED 1,181 per sqft).
  • Rented since March 2016 on 3 Ejari contracts, from AED 77,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 7.2%, before a service charge of about AED 12,700 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 29 September 2022.

Questions about 1607, Marina View Towers A

What did unit 1607 last sell for?

AED 900,000 on 29 September 2022: AED 1,181 per sqft for 762 sqft. The unit has 2 registered sales; the first was AED 743,000 in November 2009.

What is the rent for unit 1607?

AED 65,000 a year on the contract signed on 1 May 2018. The previous contract, from March 2017, was AED 77,000; the unit has been rented since March 2016.

How big is unit 1607?

762 sqft (70.8 sqm): a one-bedroom apartment on the 16th floor of a 23-storey tower completed in 2007.

What is unit 1607 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 1607, Marina View Towers A

Starts from the last sale price (AED 900K, 29 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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