Studio · 454 sqftSkyview Tower, Dubai Marina · 16th floor · completed 2011

1606, Skyview Tower

Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 10 September 2024
Last soldAED 975K10 September 2024
Current rentAED 44K /yr2 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Skyview Tower

What is 1606 worth today?

Last sold for AED 975,000 in 2024

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10 Sep 2024SoldReady
AED 975,000AED 2,146 per sqft
10 Jan 2024SoldReady
AED 800,000AED 1,761 per sqft
2 Sep 2021RentedNew contract
AED 44,000/yr12 months · AED 97 per sqft
31 Mar 2020RentedNew contract
AED 47,000/yr12 months · AED 104 per sqft
1 Mar 2019RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
1 Jan 2019RentedNew contract
AED 55,000/yr12 months · AED 122 per sqft
23 Jul 2013SoldOff-plan
AED 765,000AED 1,684 per sqft
23 Jun 2010Sold by developerOff-plan
AED 567,000AED 1,248 per sqft

Source: Dubai Land Department. Updated 10 September 2024.

Key facts

Type
Studio apartment
Size
454 sqft
Floor
16th of 31
Parking
P4-15
Developer
Halcon Real Estate Development
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 975K · September 2024

About 1606, Skyview Tower

1606 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 10 September 2024 for AED 975,000, or AED 2,146 per sqft, 6% above the AED 2,033 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 2 September 2021, is AED 44,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, 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 567,000 (AED 1,248 per sqft)Sold, July 2013: AED 765,000 (AED 1,684 per sqft)Sold, January 2024: AED 800,000 (AED 1,761 per sqft)Sold, September 2024: AED 975,000 (AED 2,146 per sqft)

1606 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1606, 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, January 2019: AED 55,000 a yearNew contract, March 2019: AED 60,000 a yearNew contract, March 2020: AED 47,000 a yearNew contract, September 2021: AED 44,000 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 1606 sits

All 40 studios →

1606 last sold in September 2024 at AED 2,146 per sqft, 6% above what studios in Skyview Tower were fetching at the time (AED 2,033). 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. 1606's AED 44,000 is at the bottom 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 16th floor

All 189 units in Skyview Tower
Value
16012-bedAED 1.73M · Dec 2022
1602StudioAED 1M · Oct 2022
1603StudioAED 925K · Jan 2024
16043-bedAED 3M · Mar 2024
16053-bedAED 3.29M · Oct 2025
1607StudioAED 728K · Aug 2011
16082-bedAED 1.9M · Jun 2010

1606, Skyview Tower in numbers

  • Sold 4 times: first on 23 June 2010 for AED 567,000, last on 10 September 2024 for AED 975,000 (AED 2,146 per sqft).
  • Rented since January 2019 on 4 Ejari contracts, from AED 55,000 to AED 44,000 a year.
  • At AED 44,000 a year the gross yield on the 2024 price is 4.5%, 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 10 September 2024.

Questions about 1606, Skyview Tower

What did unit 1606 last sell for?

AED 975,000 on 10 September 2024: AED 2,146 per sqft for 454 sqft. The unit has 4 registered sales; the first was AED 567,000 in June 2010.

What is the rent for unit 1606?

AED 44,000 a year on the contract signed on 2 September 2021. The previous contract, from March 2020, was AED 47,000; the unit has been rented since January 2019.

How big is unit 1606?

454 sqft (42.2 sqm): a studio on the 16th floor of a 31-storey tower completed in 2011.

What is unit 1606 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 1606, Skyview Tower

Starts from the last sale price (AED 975K, 10 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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