Studio · 502 sqftStudio One, Dubai Marina · 16th floor · completed 2019

1602, Studio One

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 1.15M25 March 2024
Current rentAED 72K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Studio One

What is 1602 worth today?

Last sold for AED 1,150,000 in 2024

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10 Oct 2026RentedNew contract
AED 72,000/yr12 months · AED 143 per sqft
15 May 2024RentedNew contract
AED 71,000/yr12 months · AED 140 per sqft
15 May 2024RentedNew contract
AED 71,000/yr12 months · AED 140 per sqft
25 Mar 2024SoldReady
AED 1,150,000AED 2,290 per sqft
20 Aug 2023RentedNew contract
AED 80,000/yr12 months · AED 158 per sqft
27 Apr 2023SoldReady
AED 900,000AED 1,792 per sqft
1 May 2022RentedNew contract
AED 48,000/yr12 months · AED 95 per sqft
3 Feb 2021RentedRenewal
AED 40,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
Studio apartment
Size
502 sqft
Floor
16th of 31
Parking
G-036
Developer
Select Global Development
Completed
2019
Service charge
AED 8,100 /yr
Last sold
AED 1.15M · March 2024
Building
Studio One

About 1602, Studio One

1602 is a studio of 502 sqft on the 16th floor of Studio One, a 31-storey tower in Dubai Marina completed in 2019 by Select Global Development. It last sold on 25 March 2024 for AED 1,150,000, or AED 2,290 per sqft, in line with the AED 2,344 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 10 October 2026, is AED 72,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 8,100 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical studio in Studio One
500K1M2016201920222025Typical sale price by year: 2016 AED 586,500; 2017 AED 632,000; 2018 AED 615,000; 2019 AED 600,000; 2020 AED 550,000; 2021 AED 590,000; 2022 AED 750,000; 2023 AED 862,500; 2024 AED 925,000; 2025 AED 1,056,000; 2026 AED 1,150,000Sold by developer, December 2016: AED 743,000 (AED 1,479 per sqft)Sold, April 2023: AED 900,000 (AED 1,792 per sqft)Sold, March 2024: AED 1,150,000 (AED 2,290 per sqft)

1602 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1602, each contractTypical studio in Studio One
40K60K80K201920222025Typical rent by year: 2019 AED 48,500; 2020 AED 43,000; 2021 AED 41,000; 2022 AED 48,825; 2023 AED 60,000; 2024 AED 72,000; 2025 AED 72,000; 2026 AED 65,000New contract, February 2020: AED 50,000 a yearRenewal, February 2021: AED 40,000 a yearNew contract, May 2022: AED 48,000 a yearNew contract, August 2023: AED 80,000 a yearNew contract, May 2024: AED 71,000 a yearNew contract, May 2024: AED 71,000 a yearNew contract, October 2026: AED 72,000 a year

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

Studios in Studio One, and where 1602 sits

All 160 studios →

1602 last sold in March 2024 at AED 2,290 per sqft, in line with what studios in Studio One were fetching at the time (AED 2,344). Over the last 12 months studios sold for AED 106,063 to 1,400,000, around AED 3,133 per sqft, and rent for AED 48,000 to 169,091 a year. 1602's AED 72,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
29 Jul 202638,349
1 Jun 20261,310,000
6 Mar 20261,350,000
6 Mar 20261,400,000
11 studio sales in the last 12 months

Studio One

Building

405 apartments, studios to 2-bed over 31 floors in Dubai Marina, completed in 2019 by Select Global Development. 33 sold in the last 12 months.

Typical price per sqft
AED 2,198 Down 8.3%
Typical sale
AED 1.4M
Typical rent
AED 80K /yr
Typical yield
6.5%
Studio One, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 405 units in Studio One
Value
16011-bedAED 1.35M · Jul 2025
16031-bedAED 1.12M · Mar 2021
1604StudioAED 632K · Jan 2017
1605StudioAED 1.15M · Jul 2025
16061-bedAED 1.2M · Jan 2023
16072-bedAED 1.38M · Sep 2017
16082-bedAED 1.35M · Oct 2017
1–7 of 13

1602, Studio One in numbers

  • Sold 3 times: first on 12 December 2016 for AED 743,000, last on 25 March 2024 for AED 1,150,000 (AED 2,290 per sqft).
  • Rented since February 2020 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2021 and recovered to AED 72,000 by October 2026.
  • At AED 72,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 8,100 a year (AED 16.08 per sqft).
  • Studios in Studio One sold for AED 106,063–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 2,198 per sqft.

Source: Dubai Land Department. Updated 10 October 2026.

Questions about 1602, Studio One

What did unit 1602 last sell for?

AED 1,150,000 on 25 March 2024: AED 2,290 per sqft for 502 sqft. The unit has 3 registered sales; the first was AED 743,000 in December 2016.

What is the rent for unit 1602?

AED 72,000 a year on the contract signed on 10 October 2026. The previous contract, from May 2024, was AED 71,000; the unit has been rented since February 2020.

How big is unit 1602?

502 sqft (46.6 sqm): a studio on the 16th floor of a 31-storey tower completed in 2019.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Studio One sold for AED 106,063 to 1,400,000 in the last 12 months, around AED 3,133 per sqft.

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Mortgage on 1602, Studio One

Starts from the last sale price (AED 1.15M, 25 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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