Studio · 454 sqftSkyview Tower, Dubai Marina · 17th floor · completed 2011

1702, Skyview Tower

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 23 October 2024
Last soldAED 602K23 June 2010
Current rentAED 102K /yr23 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Skyview Tower

What is 1702 worth today?

Last sold for AED 602,000 in 2010

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23 Oct 2024RentedNew contract
AED 102,000/yr12 months · AED 226 per sqft
23 Oct 2024RentedNew contract
AED 102,000/yr12 months · AED 226 per sqft
5 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 88 per sqft
5 Jun 2020RentedNew contract
AED 39,000/yr12 months · AED 86 per sqft
23 Jun 2010Sold by developerOff-plan
AED 602,000AED 1,325 per sqft

Source: Dubai Land Department. Updated 23 October 2024.

Key facts

Type
Studio apartment
Size
454 sqft
Floor
17th of 31
Parking
P4-16
Developer
Halcon Real Estate Development
Completed
2011
Service charge
AED 9,900 /yr
Last sold
AED 602K · June 2010

About 1702, Skyview Tower

1702 is a studio of 454 sqft on the 17th floor of Skyview Tower, a 31-storey tower in Dubai Marina completed in 2011 by Halcon Real Estate Development. The developer sold it on 23 June 2010 for AED 602,000, or AED 1,325 per sqft, 12% above the AED 1,187 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 23 October 2024, is AED 102,000 a year: a gross yield of 16.9% on the 2010 price, before the service charge of about AED 9,900 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, 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 602,000 (AED 1,325 per sqft)

1702 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1702, each contractTypical studio in Skyview Tower
50K100K2018202120242027Typical 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, June 2020: AED 39,000 a yearNew contract, October 2021: AED 40,000 a yearNew contract, October 2024: AED 102,000 a yearNew contract, October 2024: AED 102,000 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 1702 sits

All 40 studios →

1702 last sold in June 2010 at AED 1,325 per sqft, 12% above what studios in Skyview Tower were fetching at the time (AED 1,187). 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. 1702's AED 102,000 is at the top 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 17th floor

All 189 units in Skyview Tower
Value
17012-bedAED 2.4M · Jun 2010
1703StudioAED 602K · Jun 2010
17043-bedAED 2.2M · Dec 2022
17052-bedAED 1.7M · Oct 2015
1706StudioAED 960K · Apr 2024
1707StudioAED 1.2M · Mar 2026
17083-bedAED 2.6M · Sep 2024

1702, Skyview Tower in numbers

  • Sold once: by Halcon Real Estate Development on 23 June 2010 for AED 602,000, or AED 1,325 per sqft.
  • Rented since June 2020 on 4 Ejari contracts, from AED 39,000 to AED 102,000 a year.
  • At AED 102,000 a year the gross yield on the 2010 price is 16.9%, 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 23 October 2024.

Questions about 1702, Skyview Tower

What did unit 1702 last sell for?

AED 602,000 on 23 June 2010, sold by the developer: AED 1,325 per sqft for 454 sqft. It is the only registered sale of the unit.

What is the rent for unit 1702?

AED 102,000 a year on the contract signed on 23 October 2024. The previous contract, from October 2024, was AED 102,000; the unit has been rented since June 2020.

How big is unit 1702?

454 sqft (42.2 sqm): a studio on the 17th floor of a 31-storey tower completed in 2011.

What is unit 1702 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 1702, Skyview Tower

Starts from the last sale price (AED 602K, 23 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 602,000
Deposit, UAE resident (20%)
AED 120,400
Deposit, non-resident (40%)
AED 240,800
Monthly over 25 years at 3.7%
AED 2,463

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