2-bed · 1,331 sqftWest Avenue Residential Tower, Dubai Marina · 16th floor · completed 2014

1605, West Avenue Residential Tower

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 2.1M8 December 2014
Current rentAED 163K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, West Avenue Residential Tower

What is 1605 worth today?

Last sold for AED 2,096,724 in 2014

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1 Dec 2024RentedRenewal
AED 163,000/yr12 months · AED 123 per sqft
1 Dec 2024RentedRenewal
AED 163,000/yr12 months · AED 123 per sqft
1 Dec 2023RentedRenewal
AED 155,000/yr12 months · AED 116 per sqft
1 Dec 2022RentedRenewal
AED 130,000/yr12 months · AED 97 per sqft
1 Dec 2021RentedNew contract
AED 130,000/yr12 months · AED 97 per sqft
6 Sep 2020RentedRenewal
AED 115,000/yr12 months · AED 86 per sqft
6 Sep 2019RentedRenewal
AED 130,000/yr12 months · AED 97 per sqft
6 Sep 2018RentedNew contract
AED 135,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
16th of 34
Parking
B1-44
Developer
West Avenue
Completed
2014
Service charge
AED 26,200 /yr
Last sold
AED 2.1M · December 2014

About 1605, West Avenue Residential Tower

1605 is a two-bedroom apartment of 1,331 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 8 December 2014 for AED 2,096,724, or AED 1,575 per sqft, in line with the AED 1,620 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 163,000 a year: a gross yield of 7.8% on the 2014 price, before the service charge of about AED 26,200 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, each saleTypical two-bed in West Avenue Residential Tower
1M2M2013201720212025Typical sale price by year: 2013 AED 1,981,727; 2014 AED 2,058,582; 2015 AED 2,620,000; 2017 AED 1,950,000; 2018 AED 1,850,000; 2019 AED 1,150,000; 2020 AED 1,295,000; 2021 AED 1,700,000; 2022 AED 1,700,000; 2023 AED 2,200,000; 2024 AED 2,150,000; 2025 AED 2,350,000Sold by developer, June 2013: AED 2,096,724 (AED 1,575 per sqft)Sold, December 2014: AED 2,096,724 (AED 1,575 per sqft)

1605 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1605, each contractTypical two-bed in West Avenue Residential Tower
100K200K2014201820222026Typical rent by year: 2014 AED 170,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 150,000; 2018 AED 135,000; 2019 AED 124,615; 2020 AED 100,000; 2021 AED 102,500; 2022 AED 115,000; 2023 AED 135,000; 2024 AED 146,750; 2025 AED 152,125; 2026 AED 140,293New contract, December 2014: AED 175,000 a yearRenewal, December 2015: AED 175,000 a yearNew contract, January 2017: AED 170,000 a yearRenewal, January 2018: AED 212,496 a yearNew contract, September 2018: AED 135,000 a yearRenewal, September 2019: AED 130,000 a yearRenewal, September 2020: AED 115,000 a yearNew contract, December 2021: AED 130,000 a yearRenewal, December 2022: AED 130,000 a yearRenewal, December 2023: AED 155,000 a yearRenewal, December 2024: AED 163,000 a yearRenewal, December 2024: AED 163,000 a year

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

2-beds in West Avenue Residential Tower, and where 1605 sits

All 96 2-beds →

1605 last sold in December 2014 at AED 1,575 per sqft, in line with what two-beds in West Avenue Residential Tower were fetching at the time (AED 1,620). Over the last 12 months two-beds sold for AED 2,750,000, around AED 2,063 per sqft, and rent for AED 50,000 to 195,000 a year. 1605's AED 163,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Aug 202639,104
5 Aug 202629,858
15 Jan 20262,750,000
8 Jan 202682,903
5 2-bed sales in the last 12 months

West Avenue Residential Tower

Building

271 apartments, studios to 4-bed over 34 floors in Dubai Marina, completed in 2014 by West Avenue. 17 sold in the last 12 months.

Typical price per sqft
AED 2,063 Up 9.1%
Typical sale
AED 1.45M
Typical rent
AED 90K /yr
Typical yield
5.8%
West Avenue Residential Tower, Dubai Marina: prices, sales and rents →
Value
16011-bedAED 1.53M · Sep 2017
16021-bedAED 1.07M · Dec 2014
16031-bedAED 1.65M · Feb 2015
16042-bedAED 2.93M · Nov 2014
16061-bedAED 1.08M · Dec 2014
16071-bedAED 1.02M · Dec 2014
16082-bedAED 1.77M · Dec 2014
1–7 of 8

1605, West Avenue Residential Tower in numbers

  • Sold twice: first on 24 June 2013 for AED 2,096,724, last on 8 December 2014 for AED 2,096,724 (AED 1,575 per sqft).
  • Rented since December 2014 on 12 Ejari contracts. The rent fell from AED 175,000 to AED 115,000 in 2020 and recovered to AED 163,000 by December 2024.
  • At AED 163,000 a year the gross yield on the 2014 price is 7.8%, before a service charge of about AED 26,200 a year (AED 19.72 per sqft).
  • Two-beds in West Avenue Residential Tower sold for AED 2,750,000–2,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,063 per sqft.

Source: Dubai Land Department. Updated 1 December 2024.

Questions about 1605, West Avenue Residential Tower

What did unit 1605 last sell for?

AED 2,096,724 on 8 December 2014: AED 1,575 per sqft for 1,331 sqft. The unit has 2 registered sales; the first was AED 2,096,724 in June 2013.

What is the rent for unit 1605?

AED 163,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2024, was AED 163,000; the unit has been rented since December 2014.

How big is unit 1605?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 16th floor of a 34-storey tower completed in 2014.

What is unit 1605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in West Avenue Residential Tower sold for AED 2,750,000 to 2,750,000 in the last 12 months, around AED 2,063 per sqft.

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Mortgage on 1605, West Avenue Residential Tower

Starts from the last sale price (AED 2.1M, 8 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,096,724
Deposit, UAE resident (20%)
AED 419,345
Deposit, non-resident (40%)
AED 838,690
Monthly over 25 years at 3.7%
AED 8,578

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