1601, West Avenue Residential Tower
Sold prices and rental history: sold 3 times, last in September 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, West Avenue Residential Tower
What is 1601 worth today?
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Source: Dubai Land Department. Updated 31 May 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 789 sqft
- Floor
- 16th of 34
- Parking
- B2-94
- Developer
- West Avenue
- Completed
- 2014
- Service charge
- AED 15,600 /yr
- Last sold
- AED 1.53M · September 2017
- Building
- West Avenue Residential Tower
About 1601, West Avenue Residential Tower
1601 is a one-bedroom apartment of 789 sqft on the 16th floor of West Avenue Residential Tower, a 34-storey tower in Dubai Marina completed in 2014 by West Avenue. It last sold on 17 September 2017 for AED 1,525,000, or AED 1,933 per sqft, in line with the AED 1,933 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 31 May 2022, is AED 72,000 a year: a gross yield of 4.7% on the 2017 price, before the service charge of about AED 15,600 a year.
Sales and rents for 1601 over time
1601 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in West Avenue Residential Tower, and where 1601 sits
All 150 1-beds →1601 last sold in September 2017 at AED 1,933 per sqft, in line with what one-beds in West Avenue Residential Tower were fetching at the time (AED 1,933). Over the last 12 months one-beds sold for AED 1,226,899 to 1,650,000, around AED 2,011 per sqft, and rent for AED 60,000 to 137,000 a year. 1601's AED 72,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Nov 20265 November 2026 | 700 sqft | 1,399,000 | 1,999 | ||
| 20 Oct 202620 October 2026 | 713 sqft | 1,300,000 | 1,823 | ||
| 25 Sep 202625 September 2026 | 722 sqft | 1,226,899 | 1,698 | ||
| 24 Sep 202624 September 2026 | 721 sqft | 1,600,000 | 2,219 |
West Avenue Residential Tower
Building271 apartments, studios to 4-bed over 34 floors in Dubai Marina, completed in 2014 by West Avenue. 18 sold in the last 12 months.
- Typical price per sqft
- AED 2,048 Up 8.3%
- Typical sale
- AED 1.42M
- Typical rent
- AED 90K /yr
- Typical yield
- 5.9%
Other units on the 16th floor
All 271 units in West Avenue Residential Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 1-bed | 713 sqft | AED 1.07MAED 1,070,449 · Dec 2014December 2014 | 35,000 /yr | |
| 1603 | 1-bed | 721 sqft | AED 1.65MAED 1,650,000 · Feb 2015February 2015 | 89,145 /yr | |
| 1604 | 2-bed | 1,258 sqft | AED 2.93MAED 2,925,000 · Nov 2014November 2014 | 127,500 /yr | |
| 1605 | 2-bed | 1,331 sqft | AED 2.1MAED 2,096,724 · Dec 2014December 2014 | 163,000 /yr | |
| 1606 | 1-bed | 722 sqft | AED 1.08MAED 1,082,273 · Dec 2014December 2014 | 90,000 /yr | |
| 1607 | 1-bed | 700 sqft | AED 1.02MAED 1,016,043 · Dec 2014December 2014 | 95,000 /yr | |
| 1608 | 2-bed | 1,237 sqft | AED 1.77MAED 1,765,764 · Dec 2014December 2014 | 130,000 /yr | |
| 1609 | Studio | 443 sqft | AED 750KAED 750,000 · Mar 2022March 2022 | 70,000 /yr |
1601, West Avenue Residential Tower in numbers
- Sold 3 times: first on 24 June 2013 for AED 1,290,476, last on 17 September 2017 for AED 1,525,000 (AED 1,933 per sqft).
- Rented since January 2015 on 10 Ejari contracts, from AED 130,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2017 price is 4.7%, before a service charge of about AED 15,600 a year (AED 19.72 per sqft).
- One-beds in West Avenue Residential Tower sold for AED 1,226,899–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 2,048 per sqft.
Source: Dubai Land Department. Updated 31 May 2022.
Questions about 1601, West Avenue Residential Tower
What did unit 1601 last sell for?
AED 1,525,000 on 17 September 2017: AED 1,933 per sqft for 789 sqft. The unit has 3 registered sales; the first was AED 1,290,476 in June 2013.
What is the rent for unit 1601?
AED 72,000 a year on the contract renewed on 31 May 2022. The previous contract, from May 2021, was AED 70,000; the unit has been rented since January 2015.
How big is unit 1601?
789 sqft (73.3 sqm): a one-bedroom apartment on the 16th floor of a 34-storey tower completed in 2014.
What is unit 1601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in West Avenue Residential Tower sold for AED 1,226,899 to 1,650,000 in the last 12 months, around AED 2,011 per sqft.
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Mortgage on 1601, West Avenue Residential Tower
Starts from the last sale price (AED 1.53M, 17 September 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,525,000
- Deposit, UAE resident (20%)
- AED 305,000
- Deposit, non-resident (40%)
- AED 610,000
- Monthly over 25 years at 3.7%
- AED 6,239
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →