Studio · 455 sqftSkyview Tower, Dubai Marina · 14th floor · completed 2011

1409, Skyview Tower

Sold prices and rental history: sold 4 times, last in September 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1409 · DLD and Ejari recordsUpdated 27 September 2023
Last soldAED 925K27 September 2023
Current rentAED 55K /yr25 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1409, Skyview Tower

What is 1409 worth today?

Last sold for AED 925,000 in 2023

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27 Sep 2023SoldReady
AED 925,000AED 2,033 per sqft
25 Apr 2022RentedNew contract
AED 55,000/yr12 months · AED 122 per sqft
10 Sep 2021RentedNew contract
AED 48,000/yr12 months · AED 106 per sqft
28 May 2012SoldOff-plan
AED 420,000AED 923 per sqft
14 Mar 2012SoldOff-plan
AED 400,000AED 879 per sqft
22 Jun 2010Sold by developerOff-plan
AED 473,100AED 1,040 per sqft

Source: Dubai Land Department. Updated 27 September 2023.

Key facts

Type
Studio apartment
Size
455 sqft
Floor
14th of 31
Parking
P4-19
Developer
Halcon Real Estate Development
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 925K · September 2023

About 1409, Skyview Tower

1409 is a studio of 455 sqft on the 14th floor of Skyview Tower, a 31-storey tower in Dubai Marina completed in 2011 by Halcon Real Estate Development. It last sold on 27 September 2023 for AED 925,000, or AED 2,033 per sqft, 17% above the AED 1,738 studios in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 25 April 2022, is AED 55,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1409 over time

Sales
Unit 1409, each saleTypical studio in Skyview Tower
500K750K1M2010201420182022Typical sale price by year: 2010 AED 540,000; 2011 AED 620,000; 2012 AED 442,300; 2013 AED 670,000; 2014 AED 852,500; 2016 AED 791,000; 2017 AED 800,000; 2022 AED 750,000; 2023 AED 765,000; 2024 AED 925,000Sold by developer, June 2010: AED 473,100 (AED 1,040 per sqft)Sold, March 2012: AED 400,000 (AED 879 per sqft)Sold, May 2012: AED 420,000 (AED 923 per sqft)Sold, September 2023: AED 925,000 (AED 2,033 per sqft)

1409 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1409, each contractTypical studio in Skyview Tower
40K60K2018202120242027Typical rent by year: 2018 AED 61,000; 2019 AED 50,000; 2020 AED 40,000; 2021 AED 41,700; 2022 AED 50,000; 2023 AED 60,000; 2024 AED 68,000; 2025 AED 66,000; 2026 AED 60,000New contract, September 2021: AED 48,000 a yearNew contract, April 2022: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Skyview Tower, and where 1409 sits

All 40 studios →

1409 last sold in September 2023 at AED 2,033 per sqft, 17% above what studios in Skyview Tower were fetching at the time (AED 1,738). Over the last 12 months studios sold for AED 1,200,000, around AED 2,641 per sqft, and rent for AED 50,000 to 70,000 a year. 1409's AED 55,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Jul 202631,069
10 Mar 20261,200,000
21 Jan 202619,354
21 Oct 20251,060,000
3 studio sales in the last 12 months

Skyview Tower

Building

189 apartments, studios to 7-bed over 31 floors in Dubai Marina, completed in 2011 by Halcon Real Estate Development. 18 sold in the last 12 months.

Typical price per sqft
AED 1,469 Down 0.9%
Typical sale
AED 1.91M
Typical rent
AED 105K /yr
Typical yield
7.5%
Skyview Tower, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 189 units in Skyview Tower
Value
14011-bedAED 1.52M · Mar 2014
14021-bedAED 1.55M · Sep 2025
14031-bedAED 1.15M · Jun 2010
14041-bedAED 1.2M · Sep 2023
14051-bedAED 1.3M · Feb 2014
14061-bedAED 675K · Jun 2010
14071-bedAED 1.3M · Oct 2013
1–7 of 10

1409, Skyview Tower in numbers

  • Sold 4 times: first on 22 June 2010 for AED 473,100, last on 27 September 2023 for AED 925,000 (AED 2,033 per sqft).
  • Rented since September 2021 on 2 Ejari contracts, from AED 48,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 5.9%, before a service charge of about AED 9,900 a year (AED 21.73 per sqft).
  • Studios in Skyview Tower sold for AED 1,200,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 1,469 per sqft.

Source: Dubai Land Department. Updated 27 September 2023.

Questions about 1409, Skyview Tower

What did unit 1409 last sell for?

AED 925,000 on 27 September 2023: AED 2,033 per sqft for 455 sqft. The unit has 4 registered sales; the first was AED 473,100 in June 2010.

What is the rent for unit 1409?

AED 55,000 a year on the contract signed on 25 April 2022. The previous contract, from September 2021, was AED 48,000.

How big is unit 1409?

455 sqft (42.3 sqm): a studio on the 14th floor of a 31-storey tower completed in 2011.

What is unit 1409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Skyview Tower sold for AED 1,200,000 to 1,200,000 in the last 12 months, around AED 2,641 per sqft.

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Mortgage on 1409, Skyview Tower

Starts from the last sale price (AED 925K, 27 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 925,000
Deposit, UAE resident (20%)
AED 185,000
Deposit, non-resident (40%)
AED 370,000
Monthly over 25 years at 3.7%
AED 3,784

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