1602, Marina Wharf Tower 1
Sold prices and rental history: sold twice, last in December 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Marina Wharf Tower 1
What is 1602 worth today?
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Source: Dubai Land Department. Updated 15 April 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,145 sqft
- Floor
- 16th of 27
- Parking
- F-28
- Developer
- Dheeraj & East Coast
- Completed
- 2010
- Service charge
- AED 20,400 /yr
- Last sold
- AED 1.23M · December 2013
- Building
- Marina Wharf Tower 1
About 1602, Marina Wharf Tower 1
1602 is a two-bedroom apartment of 1,145 sqft on the 16th floor of Marina Wharf Tower 1, a 27-storey tower in Dubai Marina completed in 2010 by Dheeraj & East Coast. It last sold on 4 December 2013 for AED 1,225,000, or AED 1,069 per sqft, 5% above the AED 1,022 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 15 April 2024, is AED 92,978 a year: a gross yield of 7.6% on the 2013 price, before the service charge of about AED 20,400 a year.
Sales and rents for 1602 over time
1602 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Marina Wharf Tower 1, and where 1602 sits
All 72 2-beds →1602 last sold in December 2013 at AED 1,069 per sqft, 5% above what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,022). Over the last 12 months two-beds sold for AED 1,473,807 to 2,700,000, around AED 1,498 per sqft, and rent for AED 75,166 to 350,000 a year. 1602's AED 92,978 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Oct 202621 October 2026 | 1,181 sqft | 1,473,807 | 1,248 | ||
| 15 Jul 202615 July 2026 | 1,189 sqft | 1,800,000 | 1,514 | ||
| 30 Apr 202630 April 2026 | 1,520 sqft | 2,700,000 | 1,775 | ||
| 25 Mar 202625 March 2026 | 1,417 sqft | 2,100,000 | 1,482 |
Marina Wharf Tower 1
Building135 apartments, 1-bed to 4-bed over 27 floors in Dubai Marina, completed in 2010 by Dheeraj & East Coast. 10 sold in the last 12 months.
- Typical price per sqft
- AED 1,503 Down 8.1%
- Typical sale
- AED 2.35M
- Typical rent
- AED 110K /yr
- Typical yield
- 6.1%
Other units on the 16th floor
All 135 units in Marina Wharf Tower 11602, Marina Wharf Tower 1 in numbers
- Sold twice: first on 1 July 2013 for AED 1,162,000, last on 4 December 2013 for AED 1,225,000 (AED 1,069 per sqft).
- Rented since September 2015 on 7 Ejari contracts. The rent fell from AED 112,500 to AED 70,000 in 2021 and recovered to AED 92,978 by April 2024.
- At AED 92,978 a year the gross yield on the 2013 price is 7.6%, before a service charge of about AED 20,400 a year (AED 17.79 per sqft).
- Two-beds in Marina Wharf Tower 1 sold for AED 1,473,807–2,700,000 in the 12 months to November 2026; the building's median across all types is AED 1,503 per sqft.
Source: Dubai Land Department. Updated 15 April 2024.
Questions about 1602, Marina Wharf Tower 1
What did unit 1602 last sell for?
AED 1,225,000 on 4 December 2013: AED 1,069 per sqft for 1,145 sqft. The unit has 2 registered sales; the first was AED 1,162,000 in July 2013.
What is the rent for unit 1602?
AED 92,978 a year on the contract signed on 15 April 2024. The previous contract, from April 2024, was AED 92,978; the unit has been rented since September 2015.
How big is unit 1602?
1,145 sqft (106.4 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2010.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Marina Wharf Tower 1 sold for AED 1,473,807 to 2,700,000 in the last 12 months, around AED 1,498 per sqft.
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Mortgage on 1602, Marina Wharf Tower 1
Starts from the last sale price (AED 1.23M, 4 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,225,000
- Deposit, UAE resident (20%)
- AED 245,000
- Deposit, non-resident (40%)
- AED 490,000
- Monthly over 25 years at 3.7%
- AED 5,012
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →