1-bed · 722 sqftSkyview Tower, Dubai Marina · 15th floor · completed 2011

1506, Skyview Tower

Sold prices and rental history: sold once, by the developer in July 2011, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 5 August 2024
Last soldAED 922K19 July 2011
Current rentAED 95K /yr5 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Skyview Tower

What is 1506 worth today?

Last sold for AED 922,000 in 2011

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5 Aug 2024RentedRenewal
AED 95,000/yr12 months · AED 132 per sqft
5 Aug 2024RentedRenewal
AED 95,000/yr12 months · AED 132 per sqft
19 Jul 2011Sold by developerOff-plan
AED 922,000AED 1,277 per sqft

Source: Dubai Land Department. Updated 5 August 2024.

Key facts

Type
1-bed apartment
Size
722 sqft
Floor
15th of 31
Parking
P3-06
Developer
Halcon Real Estate Development
Completed
2011
Service charge
AED 15,700 /yr
Last sold
AED 922K · July 2011

About 1506, Skyview Tower

1506 is a one-bedroom apartment of 722 sqft on the 15th floor of Skyview Tower, a 31-storey tower in Dubai Marina completed in 2011 by Halcon Real Estate Development. The developer sold it on 19 July 2011 for AED 922,000, or AED 1,277 per sqft, 35% above the AED 948 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 5 August 2024, is AED 95,000 a year: a gross yield of 10.3% on the 2011 price, before the service charge of about AED 15,700 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical one-bed in Skyview Tower
1M1.5M2010201520202025Typical sale price by year: 2010 AED 1,015,000; 2011 AED 1,228,770; 2012 AED 893,000; 2013 AED 1,065,000; 2014 AED 1,300,000; 2015 AED 1,090,000; 2016 AED 1,150,000; 2017 AED 1,150,000; 2018 AED 985,000; 2021 AED 777,480; 2022 AED 987,500; 2023 AED 1,300,000; 2024 AED 1,230,000; 2025 AED 1,390,000; 2026 AED 1,295,000Sold by developer, July 2011: AED 922,000 (AED 1,277 per sqft)

1506 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1506, each contractTypical one-bed in Skyview Tower
60K80K100K2018202120242027Typical rent by year: 2018 AED 78,750; 2019 AED 70,000; 2020 AED 56,000; 2021 AED 60,000; 2022 AED 71,532; 2023 AED 82,110; 2024 AED 90,148; 2025 AED 91,264; 2026 AED 95,000Renewal, August 2024: AED 95,000 a yearRenewal, August 2024: AED 95,000 a year

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

1-beds in Skyview Tower, and where 1506 sits

All 66 1-beds →

1506 last sold in July 2011 at AED 1,277 per sqft, 35% above what one-beds in Skyview Tower were fetching at the time (AED 948). Over the last 12 months one-beds sold for AED 1,150,000 to 1,500,000, around AED 1,673 per sqft, and rent for AED 70,000 to 119,502 a year. 1506's AED 95,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jul 20261,320,000
25 Jun 20261,270,000
16 Jun 20261,150,000
11 Mar 20261,500,000
5 1-bed 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 15th floor

All 189 units in Skyview Tower
Value
15011-bedAED 700K · Jun 2010
15021-bedAED 1.14M · Jun 2010
15031-bedAED 870K · Jul 2021
15041-bedAED 1.38M · Jun 2024
15051-bedAED 820K · Jul 2012
15071-bedAED 1.15M · Sep 2016
1508StudioAED 800K · Mar 2016
1–7 of 10

1506, Skyview Tower in numbers

  • Sold once: by Halcon Real Estate Development on 19 July 2011 for AED 922,000, or AED 1,277 per sqft.
  • Rented since August 2024 on 2 Ejari contracts, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2011 price is 10.3%, before a service charge of about AED 15,700 a year (AED 21.73 per sqft).
  • One-beds in Skyview Tower sold for AED 1,150,000–1,500,000 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 5 August 2024.

Questions about 1506, Skyview Tower

What did unit 1506 last sell for?

AED 922,000 on 19 July 2011, sold by the developer: AED 1,277 per sqft for 722 sqft. It is the only registered sale of the unit.

What is the rent for unit 1506?

AED 95,000 a year on the contract renewed on 5 August 2024. The previous contract, from August 2024, was AED 95,000.

How big is unit 1506?

722 sqft (67.1 sqm): a one-bedroom apartment on the 15th floor of a 31-storey tower completed in 2011.

What is unit 1506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Skyview Tower sold for AED 1,150,000 to 1,500,000 in the last 12 months, around AED 1,673 per sqft.

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Mortgage on 1506, Skyview Tower

Starts from the last sale price (AED 922K, 19 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 922,000
Deposit, UAE resident (20%)
AED 184,400
Deposit, non-resident (40%)
AED 368,800
Monthly over 25 years at 3.7%
AED 3,772

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