1603, Marina Wharf Tower 1
Sold prices and rental history: sold 5 times, last in September 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Marina Wharf Tower 1
What is 1603 worth today?
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Source: Dubai Land Department. Updated 30 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 657 sqft
- Floor
- 16th of 27
- Parking
- F-29
- Developer
- Dheeraj & East Coast
- Completed
- 2010
- Service charge
- AED 11,700 /yr
- Last sold
- AED 1.36M · September 2024
- Building
- Marina Wharf Tower 1
About 1603, Marina Wharf Tower 1
1603 is a one-bedroom apartment of 657 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 30 September 2024 for AED 1,360,000, or AED 2,070 per sqft, 11% above the AED 1,865 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 September 2020, is AED 50,000 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 11,700 a year.
Sales and rents for 1603 over time
1603 has sold 5 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Marina Wharf Tower 1, and where 1603 sits
All 33 1-beds →1603 last sold in September 2024 at AED 2,070 per sqft, 11% above what one-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,865). Over the last 12 months one-beds sold for AED 1,200,000 to 1,349,957, around AED 1,757 per sqft, and rent for AED 70,180 to 110,000 a year. 1603's AED 50,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 823 sqft | 1,200,000 | 1,458 | ||
| 30 Dec 202530 December 2025 | 657 sqft | 1,349,957 | 2,055 | ||
| 13 Mar 202513 March 2025 | 824 sqft | 1,400,000 | 1,698 | ||
| 20 Jan 202520 January 2025 | 824 sqft | 1,650,000 | 2,001 |
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 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 1,987 sqft | AED 1.54MAED 1,540,000 · Jun 2022June 2022 | 150,000 /yr | |
| 1602 | 2-bed | 1,145 sqft | AED 1.23MAED 1,225,000 · Dec 2013December 2013 | 92,978 /yr | |
| 1604 | 2-bed | 1,189 sqft | AED 1.95MAED 1,950,000 · Aug 2024August 2024 | 150,000 /yr | |
| 1605 | 3-bed | 1,944 sqft | AED 2.9MAED 2,900,000 · Mar 2026March 2026 |
1603, Marina Wharf Tower 1 in numbers
- Sold 5 times: first on 17 October 2011 for AED 643,500, last on 30 September 2024 for AED 1,360,000 (AED 2,070 per sqft).
- Rented since February 2017 on 5 Ejari contracts, from AED 85,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 11,700 a year (AED 17.79 per sqft).
- One-beds in Marina Wharf Tower 1 sold for AED 1,200,000–1,349,957 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 30 September 2024.
Questions about 1603, Marina Wharf Tower 1
What did unit 1603 last sell for?
AED 1,360,000 on 30 September 2024: AED 2,070 per sqft for 657 sqft. The unit has 5 registered sales; the first was AED 643,500 in October 2011.
What is the rent for unit 1603?
AED 50,000 a year on the contract signed on 1 September 2020. The previous contract, from February 2020, was AED 80,000; the unit has been rented since February 2017.
How big is unit 1603?
657 sqft (61.0 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2010.
What is unit 1603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Wharf Tower 1 sold for AED 1,200,000 to 1,349,957 in the last 12 months, around AED 1,757 per sqft.
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Mortgage on 1603, Marina Wharf Tower 1
Starts from the last sale price (AED 1.36M, 30 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,360,000
- Deposit, UAE resident (20%)
- AED 272,000
- Deposit, non-resident (40%)
- AED 544,000
- Monthly over 25 years at 3.7%
- AED 5,564
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →