Studio · 502 sqftStudio One, Dubai Marina · 6th floor · completed 2019

602, Studio One

Sold prices and rental history: sold twice, last in February 2018, and rented once, from May 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 20 May 2020
Last soldAED 755K20 February 2018
Current rentAED 46K /yr20 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Studio One

What is 602 worth today?

Last sold for AED 754,720 in 2018

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20 May 2020RentedNew contract
AED 46,000/yr12 months · AED 91 per sqft
20 Feb 2018SoldOff-plan
AED 754,720AED 1,503 per sqft
24 Jan 2017Sold by developerOff-plan
AED 735,000AED 1,464 per sqft

Source: Dubai Land Department. Updated 20 May 2020.

Key facts

Type
Studio apartment
Size
502 sqft
Floor
6th of 31
Parking
G-073
Developer
Select Global Development
Completed
2019
Service charge
AED 8,100 /yr
Last sold
AED 755K · February 2018
Building
Studio One

About 602, Studio One

602 is a studio of 502 sqft on the 6th floor of Studio One, a 31-storey tower in Dubai Marina completed in 2019 by Select Global Development. It last sold on 20 February 2018 for AED 754,720, or AED 1,503 per sqft, 8% below the AED 1,625 studios in the building were fetching at the time.

One Ejari contract is registered, from 20 May 2020. The current contract, signed on 20 May 2020, is AED 46,000 a year: a gross yield of 6.1% on the 2018 price, before the service charge of about AED 8,100 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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, January 2017: AED 735,000 (AED 1,464 per sqft)Sold, February 2018: AED 754,720 (AED 1,503 per sqft)

602 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 602, each contractTypical studio in Studio One
40K60K20192021202320252027Typical 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, May 2020: AED 46,000 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 602 sits

All 160 studios →

602 last sold in February 2018 at AED 1,503 per sqft, 8% below what studios in Studio One were fetching at the time (AED 1,625). 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. 602's AED 46,000 is at the bottom 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 6th floor

All 405 units in Studio One
Value
6011-bedAED 1.24M · May 2026
6031-bedAED 1.5M · Oct 2023
604StudioAED 950K · Jan 2025
605StudioAED 580K · Jun 2021
6061-bedAED 1.17M · Mar 2017
6072-bedAED 1.64M · Aug 2023
6082-bedAED 1.37M · Apr 2019
1–7 of 13

602, Studio One in numbers

  • Sold twice: first on 24 January 2017 for AED 735,000, last on 20 February 2018 for AED 754,720 (AED 1,503 per sqft).
  • Rented since May 2020 on one Ejari contract, at AED 46,000 a year.
  • At AED 46,000 a year the gross yield on the 2018 price is 6.1%, 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 20 May 2020.

Questions about 602, Studio One

What did unit 602 last sell for?

AED 754,720 on 20 February 2018: AED 1,503 per sqft for 502 sqft. The unit has 2 registered sales; the first was AED 735,000 in January 2017.

What is the rent for unit 602?

AED 46,000 a year on the contract signed on 20 May 2020.

How big is unit 602?

502 sqft (46.6 sqm): a studio on the 6th floor of a 31-storey tower completed in 2019.

What is unit 602 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 602, Studio One

Starts from the last sale price (AED 755K, 20 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 754,720
Deposit, UAE resident (20%)
AED 150,944
Deposit, non-resident (40%)
AED 301,888
Monthly over 25 years at 3.7%
AED 3,088

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