1-bed · 721 sqftStudio One, Dubai Marina · 16th floor · completed 2019

1606, Studio One

Sold prices and rental history: sold twice, last in January 2023, 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 20 January 2023
Last soldAED 1.2M20 January 2023
Current rentAED 69K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, Studio One

What is 1606 worth today?

Last sold for AED 1,200,000 in 2023

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20 Jan 2023SoldReady
AED 1,200,000AED 1,664 per sqft
1 Jan 2023RentedRenewal
AED 69,300/yr11 months · AED 96 per sqft
1 Jan 2022RentedRenewal
AED 66,000/yr12 months · AED 92 per sqft
1 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 83 per sqft
18 Dec 2019RentedNew contract
AED 70,000/yr12 months · AED 97 per sqft
2 Mar 2017Sold by developerOff-plan
AED 1,265,000AED 1,754 per sqft

Source: Dubai Land Department. Updated 20 January 2023.

Key facts

Type
1-bed apartment
Size
721 sqft
Floor
16th of 31
Parking
B2-052
Developer
Select Global Development
Completed
2019
Service charge
AED 11,600 /yr
Last sold
AED 1.2M · January 2023
Building
Studio One

About 1606, Studio One

1606 is a one-bedroom apartment of 721 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 20 January 2023 for AED 1,200,000, or AED 1,664 per sqft, 3% below the AED 1,719 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 69,300 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 11,600 a year.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical one-bed in Studio One
1M1.25M2016201920222025Typical sale price by year: 2016 AED 961,000; 2017 AED 1,107,000; 2018 AED 1,025,770; 2019 AED 1,098,500; 2020 AED 955,000; 2021 AED 939,480; 2022 AED 1,180,000; 2023 AED 1,275,000; 2024 AED 1,400,000; 2025 AED 1,375,000; 2026 AED 1,350,000Sold by developer, March 2017: AED 1,265,000 (AED 1,754 per sqft)Sold, January 2023: AED 1,200,000 (AED 1,664 per sqft)

1606 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1606, each contractTypical one-bed in Studio One
60K80K100K20192021202320252027Typical rent by year: 2019 AED 70,000; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 83,750; 2024 AED 95,000; 2025 AED 103,400; 2026 AED 85,000New contract, December 2019: AED 70,000 a yearNew contract, January 2021: AED 60,000 a yearRenewal, January 2022: AED 66,000 a yearRenewal, January 2023: AED 69,300 a year

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

1-beds in Studio One, and where 1606 sits

All 160 1-beds →

1606 last sold in January 2023 at AED 1,664 per sqft, 3% below what one-beds in Studio One were fetching at the time (AED 1,719). Over the last 12 months one-beds sold for AED 1,070,000 to 1,840,000, around AED 2,131 per sqft, and rent for AED 55,000 to 120,000 a year. 1606's AED 69,300 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,180,000
27 Oct 20261,530,000
19 Oct 20261,275,000
27 Aug 20261,300,000
13 1-bed 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
1602StudioAED 1.15M · Mar 2024
16031-bedAED 1.12M · Mar 2021
1604StudioAED 632K · Jan 2017
1605StudioAED 1.15M · Jul 2025
16072-bedAED 1.38M · Sep 2017
16082-bedAED 1.35M · Oct 2017
1–7 of 13

1606, Studio One in numbers

  • Sold twice: first on 2 March 2017 for AED 1,265,000, last on 20 January 2023 for AED 1,200,000 (AED 1,664 per sqft).
  • Rented since December 2019 on 4 Ejari contracts. The rent fell from AED 70,000 to AED 60,000 in 2021 and recovered to AED 69,300 by January 2023.
  • At AED 69,300 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 11,600 a year (AED 16.08 per sqft).
  • One-beds in Studio One sold for AED 1,070,000–1,840,000 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 20 January 2023.

Questions about 1606, Studio One

What did unit 1606 last sell for?

AED 1,200,000 on 20 January 2023: AED 1,664 per sqft for 721 sqft. The unit has 2 registered sales; the first was AED 1,265,000 in March 2017.

What is the rent for unit 1606?

AED 69,300 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 66,000; the unit has been rented since December 2019.

How big is unit 1606?

721 sqft (67.0 sqm): a one-bedroom apartment on the 16th floor of a 31-storey tower completed in 2019.

What is unit 1606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Studio One sold for AED 1,070,000 to 1,840,000 in the last 12 months, around AED 2,131 per sqft.

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Mortgage on 1606, Studio One

Starts from the last sale price (AED 1.2M, 20 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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