2-bed · 1,075 sqftNo. 9 Tower Dubai Marina, Dubai Marina · 16th floor · completed 2017

1602, No. 9 Tower Dubai Marina

Sold prices and rental history: sold twice, last in February 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 2 February 2023
Last soldAED 2.3M2 February 2023
Current rentAED 111K /yr3 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, No. 9 Tower Dubai Marina

What is 1602 worth today?

Last sold for AED 2,300,000 in 2023

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2 Feb 2023SoldReady
AED 2,300,000AED 2,139 per sqft
3 May 2022RentedRenewal
AED 110,794/yr9 months · AED 104 per sqft
3 May 2021RentedNew contract
AED 110,000/yr12 months · AED 102 per sqft
20 Aug 2019RentedNew contract
AED 120,000/yr12 months · AED 111 per sqft
16 Jun 2014Sold by developerOff-plan
AED 2,450,000AED 2,279 per sqft

Source: Dubai Land Department. Updated 2 February 2023.

Key facts

Type
2-bed apartment
Size
1,075 sqft
Floor
16th of 34
Parking
B3-50
Developer
Select Global Development
Completed
2017
Service charge
AED 16,600 /yr
Last sold
AED 2.3M · February 2023

About 1602, No. 9 Tower Dubai Marina

1602 is a two-bedroom apartment of 1,075 sqft on the 16th floor of No. 9 Tower Dubai Marina, a 34-storey tower in Dubai Marina completed in 2017 by Select Global Development. It last sold on 2 February 2023 for AED 2,300,000, or AED 2,139 per sqft, 15% above the AED 1,862 two-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 3 May 2022, is AED 110,794 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 16,600 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical two-bed in No. 9 Tower Dubai Marina
2M3M2014201820222026Typical sale price by year: 2014 AED 2,148,195; 2015 AED 2,165,700; 2019 AED 1,850,000; 2020 AED 1,550,000; 2021 AED 1,649,000; 2022 AED 2,200,000; 2023 AED 2,430,000; 2024 AED 2,560,000; 2025 AED 2,794,000; 2026 AED 2,525,000Sold by developer, June 2014: AED 2,450,000 (AED 2,279 per sqft)Sold, February 2023: AED 2,300,000 (AED 2,139 per sqft)

1602 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, each contractTypical two-bed in No. 9 Tower Dubai Marina
100K125K150K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 110,000; 2021 AED 105,000; 2022 AED 120,500; 2023 AED 135,000; 2024 AED 150,000; 2025 AED 150,000; 2026 AED 145,000New contract, August 2019: AED 120,000 a yearNew contract, May 2021: AED 110,000 a yearRenewal, May 2022: AED 110,794 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 No. 9 Tower Dubai Marina, and where 1602 sits

All 97 2-beds →

1602 last sold in February 2023 at AED 2,139 per sqft, 15% above what two-beds in No. 9 Tower Dubai Marina were fetching at the time (AED 1,862). Over the last 12 months two-beds sold for AED 2,400,000 to 2,800,000, around AED 2,180 per sqft, and rent for AED 60,000 to 260,000 a year. 1602's AED 110,794 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Oct 20262,400,000
18 Aug 20262,600,000
12 May 20262,625,000
5 Jan 20262,450,000
6 2-bed sales in the last 12 months

No. 9 Tower Dubai Marina

Building

216 apartments, 1-bed to 3-bed over 34 floors in Dubai Marina, completed in 2017 by Select Global Development. 12 sold in the last 12 months.

Typical price per sqft
AED 2,452 Down 0.5%
Typical sale
AED 2.28M
Typical rent
AED 130K /yr
Typical yield
5.6%
No. 9 Tower Dubai Marina, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 216 units in No. 9 Tower Dubai Marina
Value
16011-bedAED 1.52M · Jul 2022
16032-bedAED 2.8M · Nov 2024
16041-bedAED 1.54M · Feb 2015
16051-bedAED 1.49M · Feb 2015
16062-bedAED 2.23M · May 2015
16071-bedAED 1.7M · Oct 2024
16081-bedAED 1.13M · Mar 2021

1602, No. 9 Tower Dubai Marina in numbers

  • Sold twice: first on 16 June 2014 for AED 2,450,000, last on 2 February 2023 for AED 2,300,000 (AED 2,139 per sqft).
  • Rented since August 2019 on 3 Ejari contracts, from AED 120,000 to AED 110,794 a year.
  • At AED 110,794 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 16,600 a year (AED 15.42 per sqft).
  • Two-beds in No. 9 Tower Dubai Marina sold for AED 2,400,000–2,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,452 per sqft.

Source: Dubai Land Department. Updated 2 February 2023.

Questions about 1602, No. 9 Tower Dubai Marina

What did unit 1602 last sell for?

AED 2,300,000 on 2 February 2023: AED 2,139 per sqft for 1,075 sqft. The unit has 2 registered sales; the first was AED 2,450,000 in June 2014.

What is the rent for unit 1602?

AED 110,794 a year on the contract renewed on 3 May 2022. The previous contract, from May 2021, was AED 110,000; the unit has been rented since August 2019.

How big is unit 1602?

1,075 sqft (99.9 sqm): a two-bedroom apartment on the 16th floor of a 34-storey tower completed in 2017.

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 No. 9 Tower Dubai Marina sold for AED 2,400,000 to 2,800,000 in the last 12 months, around AED 2,180 per sqft.

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Mortgage on 1602, No. 9 Tower Dubai Marina

Starts from the last sale price (AED 2.3M, 2 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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