1-bed · 1,073 sqftStella Maris Tower, Dubai Marina · 16th floor · completed 2022

1602, Stella Maris Tower

Sold prices and rental history: sold twice, last in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 9 May 2022
Last soldAED 2.33M9 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Stella Maris Tower

What is 1602 worth today?

Last sold for AED 2,325,000 in 2022

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9 May 2022SoldOff-plan
AED 2,325,000AED 2,165 per sqft
5 Sep 2021Sold by developerOff-plan
AED 1,648,907AED 1,536 per sqft

Source: Dubai Land Department. Updated 9 May 2022.

Key facts

Type
1-bed apartment
Size
1,073 sqft
Floor
16th of 50
Parking
B5-33
Developer
Scope Investment
Completed
2022
Service charge
AED 17,900 /yr
Last sold
AED 2.33M · May 2022

About 1602, Stella Maris Tower

1602 is a one-bedroom apartment of 1,073 sqft on the 16th floor of Stella Maris Tower, a 50-storey tower in Dubai Marina completed in 2022 by Scope Investment. It last sold on 9 May 2022 for AED 2,325,000, or AED 2,165 per sqft, 30% above the AED 1,669 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical one-bed in Stella Maris Tower
1.5M2M2.5M2021202320252027Typical sale price by year: 2021 AED 1,596,885; 2022 AED 1,980,064; 2023 AED 2,500,000; 2024 AED 2,675,000; 2025 AED 2,150,000; 2026 AED 2,200,000Sold by developer, September 2021: AED 1,648,907 (AED 1,536 per sqft)Sold, May 2022: AED 2,325,000 (AED 2,165 per sqft)

1602 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1602, each contractTypical one-bed in Stella Maris Tower
130K140K150K20232024202520262027Typical rent by year: 2023 AED 150,000; 2024 AED 145,000; 2025 AED 145,000; 2026 AED 132,022

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Stella Maris Tower, and where 1602 sits

All 106 1-beds →

1602 last sold in May 2022 at AED 2,165 per sqft, 30% above what one-beds in Stella Maris Tower were fetching at the time (AED 1,669). Over the last 12 months one-beds sold for AED 2,050,000 to 3,100,000, around AED 2,610 per sqft, and rent for AED 29,681 to 195,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Jul 20262,340,000
14 May 20262,050,000
13 May 20262,150,000
21 Jan 20262,200,000
6 1-bed sales in the last 12 months

Stella Maris Tower

Building

294 apartments, 1-bed to 4-bed over 50 floors in Dubai Marina, completed in 2022 by Scope Investment. 19 sold in the last 12 months.

Typical price per sqft
AED 2,458 Down 3.7%
Typical sale
AED 3.85M
Typical rent
AED 180K /yr
Typical yield
5.5%
Stella Maris Tower, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 294 units in Stella Maris Tower
Value
16011-bedAED 2.16M · Jun 2022
16031-bedAED 2.34M · Jul 2026
16041-bedAED 2.35M · Apr 2022
16051-bedAED 2.15M · Mar 2022
16062-bedAED 3.65M · Jan 2023
16072-bedAED 1.95M · Feb 2022
16082-bedAED 2.63M · Feb 2022

1602, Stella Maris Tower in numbers

  • Sold twice: first on 5 September 2021 for AED 1,648,907, last on 9 May 2022 for AED 2,325,000 (AED 2,165 per sqft).
  • One-beds in Stella Maris Tower sold for AED 2,050,000–3,100,000 in the 12 months to November 2026; the building's median across all types is AED 2,458 per sqft.

Source: Dubai Land Department. Updated 9 May 2022.

Questions about 1602, Stella Maris Tower

What did unit 1602 last sell for?

AED 2,325,000 on 9 May 2022: AED 2,165 per sqft for 1,073 sqft. The unit has 2 registered sales; the first was AED 1,648,907 in September 2021.

How big is unit 1602?

1,073 sqft (99.7 sqm): a one-bedroom apartment on the 16th floor of a 50-storey tower completed in 2022.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Stella Maris Tower sold for AED 2,050,000 to 3,100,000 in the last 12 months, around AED 2,610 per sqft.

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Mortgage on 1602, Stella Maris Tower

Starts from the last sale price (AED 2.33M, 9 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,325,000
Deposit, UAE resident (20%)
AED 465,000
Deposit, non-resident (40%)
AED 930,000
Monthly over 25 years at 3.7%
AED 9,512

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