1603, Skyview Tower
Sold prices and rental history: sold 4 times, last in January 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Skyview Tower
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Source: Dubai Land Department. Updated 18 January 2024.
Key facts
- Type
- Studio apartment
- Size
- 454 sqft
- Floor
- 16th of 31
- Parking
- P4-22
- Developer
- Halcon Real Estate Development
- Completed
- 2011
- Service charge
- AED 9,900 /yr
- Last sold
- AED 925K · January 2024
- Building
- Skyview Tower
About 1603, Skyview Tower
1603 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 18 January 2024 for AED 925,000, or AED 2,036 per sqft, 13% above the AED 1,794 studios in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 5 July 2022, is AED 50,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 9,900 a year.
Sales and rents for 1603 over time
1603 has sold 4 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 1603 sits
All 40 studios →1603 last sold in January 2024 at AED 2,036 per sqft, 13% above what studios in Skyview Tower were fetching at the time (AED 1,794). 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. 1603'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 | ||
| 1602 | Studio | 454 sqft | AED 1MAED 1,000,000 · Oct 2022October 2022 | 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 |
1603, Skyview Tower in numbers
- Sold 4 times: first on 23 June 2010 for AED 322,001, last on 18 January 2024 for AED 925,000 (AED 2,036 per sqft).
- Rented since June 2019 on 3 Ejari contracts, from AED 45,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2024 price is 5.4%, 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 18 January 2024.
Questions about 1603, Skyview Tower
What did unit 1603 last sell for?
AED 925,000 on 18 January 2024: AED 2,036 per sqft for 454 sqft. The unit has 4 registered sales; the first was AED 322,001 in June 2010.
What is the rent for unit 1603?
AED 50,000 a year on the contract signed on 5 July 2022. The previous contract, from June 2021, was AED 41,000; the unit has been rented since June 2019.
How big is unit 1603?
454 sqft (42.2 sqm): a studio on the 16th floor of a 31-storey tower completed in 2011.
What is unit 1603 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 1603, Skyview Tower
Starts from the last sale price (AED 925K, 18 January 2024). 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 →