1604, Marina Wharf Tower 1
Sold prices and rental history: sold 4 times, last in August 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1604, Marina Wharf Tower 1
What is 1604 worth today?
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Source: Dubai Land Department. Updated 12 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,189 sqft
- Floor
- 16th of 27
- Parking
- F-30
- Developer
- Dheeraj & East Coast
- Completed
- 2010
- Service charge
- AED 21,100 /yr
- Last sold
- AED 1.95M · August 2024
- Building
- Marina Wharf Tower 1
About 1604, Marina Wharf Tower 1
1604 is a two-bedroom apartment of 1,189 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 12 August 2024 for AED 1,950,000, or AED 1,640 per sqft, 16% above the AED 1,411 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 18 March 2023, is AED 150,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 21,100 a year.
Sales and rents for 1604 over time
1604 has sold 4 times; 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 1604 sits
All 72 2-beds →1604 last sold in August 2024 at AED 1,640 per sqft, 16% above what two-beds in Marina Wharf Tower 1 were fetching at the time (AED 1,411). 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. 1604's AED 150,000 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 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 | |
| 1603 | 1-bed | 657 sqft | AED 1.36MAED 1,360,000 · Sep 2024September 2024 | 50,000 /yr | |
| 1605 | 3-bed | 1,944 sqft | AED 2.9MAED 2,900,000 · Mar 2026March 2026 |
1604, Marina Wharf Tower 1 in numbers
- Sold 4 times: first on 23 November 2011 for AED 1,145,200, last on 12 August 2024 for AED 1,950,000 (AED 1,640 per sqft).
- Rented since March 2013 on 4 Ejari contracts. The rent fell from AED 73,000 to AED 65,000 in 2020 and recovered to AED 150,000 by March 2023.
- At AED 150,000 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 21,100 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 12 August 2024.
Questions about 1604, Marina Wharf Tower 1
What did unit 1604 last sell for?
AED 1,950,000 on 12 August 2024: AED 1,640 per sqft for 1,189 sqft. The unit has 4 registered sales; the first was AED 1,145,200 in November 2011.
What is the rent for unit 1604?
AED 150,000 a year on the contract signed on 18 March 2023. The previous contract, from December 2020, was AED 65,000; the unit has been rented since March 2013.
How big is unit 1604?
1,189 sqft (110.5 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2010.
What is unit 1604 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 1604, Marina Wharf Tower 1
Starts from the last sale price (AED 1.95M, 12 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,950,000
- Deposit, UAE resident (20%)
- AED 390,000
- Deposit, non-resident (40%)
- AED 780,000
- Monthly over 25 years at 3.7%
- AED 7,978
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →