2-bed · 759 sqftMarina Wharf Tower 2, Dubai Marina · 16th floor · completed 2014

1603, Marina Wharf Tower 2

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 14 September 2025
Last soldAED 898K31 May 2009
Current rentAED 110K /yr14 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Marina Wharf Tower 2

What is 1603 worth today?

Last sold for AED 898,123 in 2009

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14 Sep 2025RentedRenewal
AED 110,000/yr12 months · AED 145 per sqft
14 Sep 2024RentedNew contract
AED 110,000/yr12 months · AED 145 per sqft
27 Sep 2023RentedNew contract
AED 100,000/yr12 months · AED 132 per sqft
3 Sep 2022RentedNew contract
AED 90,000/yr12 months · AED 119 per sqft
28 May 2021RentedNew contract
AED 64,000/yr12 months · AED 84 per sqft
30 Dec 2019RentedNew contract
AED 84,000/yr12 months · AED 110 per sqft
31 May 2009Sold by developerOff-plan
AED 898,123AED 1,182 per sqft

Source: Dubai Land Department. Updated 14 September 2025.

Key facts

Type
2-bed apartment
Size
759 sqft
Floor
16th of 27
Parking
F2-22
Developer
Dheeraj & East Coast
Completed
2014
Service charge
AED 12,800 /yr
Last sold
AED 898K · May 2009

About 1603, Marina Wharf Tower 2

1603 is a two-bedroom apartment of 759 sqft on the 16th floor of Marina Wharf Tower 2, a 27-storey tower in Dubai Marina completed in 2014 by Dheeraj & East Coast. The developer sold it on 31 May 2009 for AED 898,123, or AED 1,182 per sqft, in line with the AED 1,191 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 14 September 2025, is AED 110,000 a year: a gross yield of 12.3% on the 2009 price, before the service charge of about AED 12,800 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical two-bed in Marina Wharf Tower 2
1M1.5M2009201420192024Typical sale price by year: 2009 AED 899,699; 2013 AED 1,083,500; 2014 AED 1,260,000; 2018 AED 1,182,000; 2019 AED 1,005,000; 2020 AED 800,000; 2021 AED 875,000; 2022 AED 1,000,000; 2023 AED 1,225,000; 2024 AED 1,700,000; 2025 AED 1,500,000; 2026 AED 1,500,000Sold by developer, May 2009: AED 898,123 (AED 1,182 per sqft)

1603 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1603, each contractTypical two-bed in Marina Wharf Tower 2
75K100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 82,500; 2023 AED 95,000; 2024 AED 113,000; 2025 AED 110,000; 2026 AED 100,000New contract, December 2019: AED 84,000 a yearNew contract, May 2021: AED 64,000 a yearNew contract, September 2022: AED 90,000 a yearNew contract, September 2023: AED 100,000 a yearNew contract, September 2024: AED 110,000 a yearRenewal, September 2025: AED 110,000 a year

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 2, and where 1603 sits

All 55 2-beds →

1603 last sold in May 2009 at AED 1,182 per sqft, in line with what two-beds in Marina Wharf Tower 2 were fetching at the time (AED 1,191). Over the last 12 months two-beds sold for AED 1,470,000 to 1,566,400, around AED 1,975 per sqft, and rent for AED 64,615 to 140,000 a year. 1603's AED 110,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Jun 20261,500,000
16 Mar 20261,470,000
27 Feb 20261,566,400
23 Dec 20251,500,000
4 2-bed sales in the last 12 months

Marina Wharf Tower 2

Building

166 apartments, studios to 3-bed over 27 floors in Dubai Marina, completed in 2014 by Dheeraj & East Coast. 7 sold in the last 12 months.

Typical price per sqft
AED 1,748
Typical sale
AED 1.5M
Typical rent
AED 130K /yr
Typical yield
6.2%
Marina Wharf Tower 2, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 166 units in Marina Wharf Tower 2
Value
16013-bedAED 1.48M · Jun 2009
16023-bedAED 2.05M · Mar 2024
16042-bedAED 910K · Aug 2019
16053-bedAED 2M · Feb 2026
16063-bedAED 1.52M · Jan 2012

1603, Marina Wharf Tower 2 in numbers

  • Sold once: by Dheeraj & East Coast on 31 May 2009 for AED 898,123, or AED 1,182 per sqft.
  • Rented since December 2019 on 6 Ejari contracts. The rent fell from AED 84,000 to AED 64,000 in 2021 and recovered to AED 110,000 by September 2025.
  • At AED 110,000 a year the gross yield on the 2009 price is 12.3%, before a service charge of about AED 12,800 a year (AED 16.88 per sqft).
  • Two-beds in Marina Wharf Tower 2 sold for AED 1,470,000–1,566,400 in the 12 months to November 2026; the building's median across all types is AED 1,748 per sqft.

Source: Dubai Land Department. Updated 14 September 2025.

Questions about 1603, Marina Wharf Tower 2

What did unit 1603 last sell for?

AED 898,123 on 31 May 2009, sold by the developer: AED 1,182 per sqft for 759 sqft. It is the only registered sale of the unit.

What is the rent for unit 1603?

AED 110,000 a year on the contract renewed on 14 September 2025. The previous contract, from September 2024, was AED 110,000; the unit has been rented since December 2019.

How big is unit 1603?

759 sqft (70.5 sqm): a two-bedroom apartment on the 16th floor of a 27-storey tower completed in 2014.

What is unit 1603 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 2 sold for AED 1,470,000 to 1,566,400 in the last 12 months, around AED 1,975 per sqft.

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Mortgage on 1603, Marina Wharf Tower 2

Starts from the last sale price (AED 898K, 31 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 898,123
Deposit, UAE resident (20%)
AED 179,625
Deposit, non-resident (40%)
AED 359,249
Monthly over 25 years at 3.7%
AED 3,674

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