1602, Skyview Tower
Sold prices and rental history: sold 3 times, last in October 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Skyview Tower
What is 1602 worth today?
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Source: Dubai Land Department. Updated 7 October 2022.
Key facts
- Type
- Studio apartment
- Size
- 454 sqft
- Floor
- 16th of 31
- Parking
- P4-46
- Developer
- Halcon Real Estate Development
- Completed
- 2011
- Service charge
- AED 9,900 /yr
- Last sold
- AED 1M · October 2022
- Building
- Skyview Tower
About 1602, Skyview Tower
1602 is a studio of 454 sqft on the 16th floor of Skyview Tower, a 31-storey tower in Dubai Marina completed in 2011 by Halcon Real Estate Development. It last sold on 7 October 2022 for AED 1,000,000, or AED 2,201 per sqft.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 15 March 2022, is AED 50,000 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 9,900 a year.
Sales and rents for 1602 over time
1602 has sold 3 times; the dashed line is the studio median of each year in the building.
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 1602 sits
All 40 studios →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. 1602's AED 50,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jul 202628 July 2026 | 455 sqft | 31,069 | 68 | ||
| 10 Mar 202610 March 2026 | 454 sqft | 1,200,000 | 2,641 | ||
| 21 Jan 202621 January 2026 | 455 sqft | 19,354 | 42 | ||
| 21 Oct 202521 October 2025 | 455 sqft | 1,060,000 | 2,330 |
Skyview Tower
Building189 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%
Other units on the 16th floor
All 189 units in Skyview Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,597 sqft | AED 1.73MAED 1,725,000 · Dec 2022December 2022 | ||
| 1603 | Studio | 454 sqft | AED 925KAED 925,000 · Jan 2024January 2024 | 50,000 /yr | |
| 1604 | 3-bed | 1,597 sqft | AED 3MAED 3,000,000 · Mar 2024March 2024 | 140,000 /yr | |
| 1605 | 3-bed | 1,597 sqft | AED 3.29MAED 3,290,000 · Oct 2025October 2025 | 175,000 /yr | |
| 1606 | Studio | 454 sqft | AED 975KAED 975,000 · Sep 2024September 2024 | 44,000 /yr | |
| 1607 | Studio | 454 sqft | AED 728KAED 728,000 · Aug 2011August 2011 | 45,000 /yr | |
| 1608 | 2-bed | 839 sqft | AED 1.9MAED 1,900,000 · Jun 2010June 2010 | 115,000 /yr |
1602, Skyview Tower in numbers
- Sold 3 times: first on 5 August 2012 for AED 670,000, last on 7 October 2022 for AED 1,000,000 (AED 2,201 per sqft).
- Rented since May 2019 on 3 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2021 and recovered to AED 50,000 by March 2022.
- At AED 50,000 a year the gross yield on the 2022 price is 5.0%, 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 7 October 2022.
Questions about 1602, Skyview Tower
What did unit 1602 last sell for?
AED 1,000,000 on 7 October 2022: AED 2,201 per sqft for 454 sqft. The unit has 3 registered sales; the first was AED 670,000 in August 2012.
What is the rent for unit 1602?
AED 50,000 a year on the contract signed on 15 March 2022. The previous contract, from January 2021, was AED 40,000; the unit has been rented since May 2019.
How big is unit 1602?
454 sqft (42.2 sqm): a studio on the 16th floor of a 31-storey tower completed in 2011.
What is unit 1602 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 1602, Skyview Tower
Starts from the last sale price (AED 1M, 7 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →