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

1607, Skyview Tower

Sold prices and rental history: sold once, by the developer in August 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 19 August 2025
Last soldAED 728K14 August 2011
Current rentAED 45K /yr19 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, Skyview Tower

What is 1607 worth today?

Last sold for AED 728,000 in 2011

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19 Aug 2025RentedNew contract
AED 45,000/yr12 months · AED 100 per sqft
10 Jun 2022RentedNew contract
AED 56,000/yr12 months · AED 124 per sqft
15 Jul 2021RentedNew contract
AED 60,000/yr12 months · AED 133 per sqft
7 Apr 2015RentedNew contract
AED 138,000/yr12 months · AED 291 per sqft
14 Aug 2011Sold by developerOff-plan
AED 728,000AED 1,602 per sqft

Source: Dubai Land Department. Updated 19 August 2025.

Key facts

Type
Studio apartment
Size
454 sqft
Floor
16th of 31
Parking
P4-08
Developer
Halcon Real Estate Development
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 728K · August 2011

About 1607, Skyview Tower

1607 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. The developer sold it on 14 August 2011 for AED 728,000, or AED 1,602 per sqft, in line with the AED 1,586 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 19 August 2025, is AED 45,000 a year: a gross yield of 6.2% on the 2011 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1607 over time

Sales
Unit 1607, 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, August 2011: AED 728,000 (AED 1,602 per sqft)

1607 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1607, each contractTypical studio in Skyview Tower
50K100K150K20152018202120242027Typical 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, April 2015: AED 138,000 a yearNew contract, July 2021: AED 60,000 a yearNew contract, June 2022: AED 56,000 a yearNew contract, August 2025: AED 45,000 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 1607 sits

All 40 studios →

1607 last sold in August 2011 at AED 1,602 per sqft, in line with what studios in Skyview Tower were fetching at the time (AED 1,586). 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. 1607's AED 45,000 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
1606StudioAED 975K · Sep 2024
16082-bedAED 1.9M · Jun 2010

1607, Skyview Tower in numbers

  • Sold once: by Halcon Real Estate Development on 14 August 2011 for AED 728,000, or AED 1,602 per sqft.
  • Rented since April 2015 on 4 Ejari contracts, from AED 138,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2011 price is 6.2%, 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 19 August 2025.

Questions about 1607, Skyview Tower

What did unit 1607 last sell for?

AED 728,000 on 14 August 2011, sold by the developer: AED 1,602 per sqft for 454 sqft. It is the only registered sale of the unit.

What is the rent for unit 1607?

AED 45,000 a year on the contract signed on 19 August 2025. The previous contract, from June 2022, was AED 56,000; the unit has been rented since April 2015.

How big is unit 1607?

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

What is unit 1607 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 1607, Skyview Tower

Starts from the last sale price (AED 728K, 14 August 2011). Switch to today's estimate once you have unlocked it.
Price
AED 728,000
Deposit, UAE resident (20%)
AED 145,600
Deposit, non-resident (40%)
AED 291,200
Monthly over 25 years at 3.7%
AED 2,978

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