1-bed · 718 sqftStudio One, Dubai Marina · 6th floor · completed 2019

603, Studio One

Sold prices and rental history: sold 3 times, last in October 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 11 October 2023
Last soldAED 1.5M11 October 2023
Current rentAED 70K /yr10 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Studio One

What is 603 worth today?

Last sold for AED 1,500,000 in 2023

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11 Oct 2023SoldReady
AED 1,500,000AED 2,089 per sqft
7 Sep 2022SoldReady
AED 1,180,000AED 1,643 per sqft
10 Dec 2021RentedNew contract
AED 70,000/yr12 months · AED 97 per sqft
1 Apr 2021RentedNew contract
AED 60,000/yr12 months · AED 83 per sqft
19 Mar 2020RentedNew contract
AED 70,000/yr12 months · AED 97 per sqft
27 Mar 2017Sold by developerOff-plan
AED 1,188,000AED 1,654 per sqft

Source: Dubai Land Department. Updated 11 October 2023.

Key facts

Type
1-bed apartment
Size
718 sqft
Floor
6th of 31
Parking
B2-122
Developer
Select Global Development
Completed
2019
Service charge
AED 11,500 /yr
Last sold
AED 1.5M · October 2023
Building
Studio One

About 603, Studio One

603 is a one-bedroom apartment of 718 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 11 October 2023 for AED 1,500,000, or AED 2,089 per sqft, 15% above the AED 1,810 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 10 December 2021, is AED 70,000 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 11,500 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical one-bed in Studio One
1M1.5M2016201920222025Typical 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 1,188,000 (AED 1,654 per sqft)Sold, September 2022: AED 1,180,000 (AED 1,643 per sqft)Sold, October 2023: AED 1,500,000 (AED 2,089 per sqft)

603 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 603, 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, March 2020: AED 70,000 a yearNew contract, April 2021: AED 60,000 a yearNew contract, December 2021: AED 70,000 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 603 sits

All 160 1-beds →

603 last sold in October 2023 at AED 2,089 per sqft, 15% above what one-beds in Studio One were fetching at the time (AED 1,810). 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. 603's AED 70,000 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 6th floor

All 405 units in Studio One
Value
6011-bedAED 1.24M · May 2026
602StudioAED 755K · Feb 2018
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

603, Studio One in numbers

  • Sold 3 times: first on 27 March 2017 for AED 1,188,000, last on 11 October 2023 for AED 1,500,000 (AED 2,089 per sqft).
  • Rented since March 2020 on 3 Ejari contracts. The rent fell from AED 70,000 to AED 60,000 in 2021 and recovered to AED 70,000 by December 2021.
  • At AED 70,000 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 11,500 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 11 October 2023.

Questions about 603, Studio One

What did unit 603 last sell for?

AED 1,500,000 on 11 October 2023: AED 2,089 per sqft for 718 sqft. The unit has 3 registered sales; the first was AED 1,188,000 in March 2017.

What is the rent for unit 603?

AED 70,000 a year on the contract signed on 10 December 2021. The previous contract, from April 2021, was AED 60,000; the unit has been rented since March 2020.

How big is unit 603?

718 sqft (66.7 sqm): a one-bedroom apartment on the 6th floor of a 31-storey tower completed in 2019.

What is unit 603 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 603, Studio One

Starts from the last sale price (AED 1.5M, 11 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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