Studio · 370 sqftZumurud Tower, Dubai Marina · 16th floor · completed 2010

1603, Zumurud Tower

Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 26 July 2026
Last soldAED 577K9 February 2011
Current rentAED 50K /yr26 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Zumurud Tower

What is 1603 worth today?

Last sold for AED 577,000 in 2011

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26 Jul 2026RentedRenewal
AED 50,000/yr12 months · AED 135 per sqft
26 Jul 2025RentedNew contract
AED 55,000/yr12 months · AED 149 per sqft
20 Sep 2023RentedNew contract
AED 55,000/yr12 months · AED 150 per sqft
1 Jun 2022RentedNew contract
AED 42,000/yr12 months · AED 114 per sqft
1 Dec 2020RentedNew contract
AED 28,000/yr12 months · AED 77 per sqft
23 Jun 2019RentedRenewal
AED 45,000/yr12 months · AED 123 per sqft
23 Jun 2018RentedNew contract
AED 47,000/yr12 months · AED 128 per sqft
10 Oct 2013RentedNew contract
AED 55,000/yr12 months · AED 150 per sqft

Source: Dubai Land Department. Updated 26 July 2026.

Key facts

Type
Studio apartment
Size
370 sqft
Floor
16th of 28
Parking
B3-12
Developer
Zumurud Real Estate
Completed
2010
Service charge
AED 6,700 /yr
Last sold
AED 577K · February 2011

About 1603, Zumurud Tower

1603 is a studio of 370 sqft on the 16th floor of Zumurud Tower, a 28-storey tower in Dubai Marina completed in 2010 by Zumurud Real Estate. The developer sold it on 9 February 2011 for AED 577,000, or AED 1,559 per sqft, 6% above the AED 1,472 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 26 July 2026, is AED 50,000 a year: a gross yield of 8.7% on the 2011 price, before the service charge of about AED 6,700 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical studio in Zumurud Tower
400K600K800K2010201520202025Typical sale price by year: 2010 AED 553,253; 2011 AED 580,000; 2012 AED 418,000; 2013 AED 480,130; 2014 AED 765,000; 2016 AED 640,000; 2018 AED 600,000; 2020 AED 385,000; 2021 AED 410,000; 2022 AED 550,000; 2023 AED 630,000; 2024 AED 710,000; 2025 AED 795,000; 2026 AED 780,000Sold by developer, February 2011: AED 577,000 (AED 1,559 per sqft)

1603 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1603, each contractTypical studio in Zumurud Tower
40K60K2011201620212026Typical rent by year: 2011 AED 40,000; 2012 AED 41,000; 2013 AED 52,000; 2014 AED 62,000; 2015 AED 65,000; 2016 AED 60,000; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 43,000; 2020 AED 30,000; 2021 AED 30,000; 2022 AED 36,000; 2023 AED 48,000; 2024 AED 55,000; 2025 AED 58,000; 2026 AED 55,000New contract, October 2013: AED 55,000 a yearNew contract, June 2018: AED 47,000 a yearRenewal, June 2019: AED 45,000 a yearNew contract, December 2020: AED 28,000 a yearNew contract, June 2022: AED 42,000 a yearNew contract, September 2023: AED 55,000 a yearNew contract, July 2025: AED 55,000 a yearRenewal, July 2026: AED 50,000 a year

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

Studios in Zumurud Tower, and where 1603 sits

All 83 studios →

1603 last sold in February 2011 at AED 1,559 per sqft, 6% above what studios in Zumurud Tower were fetching at the time (AED 1,472). Over the last 12 months studios sold for AED 690,000 to 800,000, around AED 1,946 per sqft, and rent for AED 45,000 to 85,000 a year. 1603's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Oct 2026690,000
16 Jun 2026780,000
9 Apr 2026780,000
17 Dec 2025800,000
6 studio sales in the last 12 months

Zumurud Tower

Building

217 apartments, studios to 3-bed over 28 floors in Dubai Marina, completed in 2010 by Zumurud Real Estate. 13 sold in the last 12 months.

Typical price per sqft
AED 1,632 Down 4.6%
Typical sale
AED 1.1M
Typical rent
AED 72K /yr
Typical yield
6.3%
Zumurud Tower, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 217 units in Zumurud Tower
Value
16011-bedAED 1.5M · Oct 2026
16021-bedAED 898K · Mar 2010
1604StudioAED 700K · Dec 2015
16051-bedAED 776K · Mar 2010
16061-bedAED 776K · Apr 2010
16071-bedAED 1.2M · Sep 2025
16081-bedAED 762K · Apr 2010
1–7 of 10

1603, Zumurud Tower in numbers

  • Sold once: by Zumurud Real Estate on 9 February 2011 for AED 577,000, or AED 1,559 per sqft.
  • Rented since October 2013 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 28,000 in 2020 and recovered to AED 50,000 by July 2026.
  • At AED 50,000 a year the gross yield on the 2011 price is 8.7%, before a service charge of about AED 6,700 a year (AED 18.00 per sqft).
  • Studios in Zumurud Tower sold for AED 690,000–800,000 in the 12 months to November 2026; the building's median across all types is AED 1,632 per sqft.

Source: Dubai Land Department. Updated 26 July 2026.

Questions about 1603, Zumurud Tower

What did unit 1603 last sell for?

AED 577,000 on 9 February 2011, sold by the developer: AED 1,559 per sqft for 370 sqft. It is the only registered sale of the unit.

What is the rent for unit 1603?

AED 50,000 a year on the contract renewed on 26 July 2026. The previous contract, from July 2025, was AED 55,000; the unit has been rented since October 2013.

How big is unit 1603?

370 sqft (34.4 sqm): a studio on the 16th floor of a 28-storey tower completed in 2010.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Zumurud Tower sold for AED 690,000 to 800,000 in the last 12 months, around AED 1,946 per sqft.

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Mortgage on 1603, Zumurud Tower

Starts from the last sale price (AED 577K, 9 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 577,000
Deposit, UAE resident (20%)
AED 115,400
Deposit, non-resident (40%)
AED 230,800
Monthly over 25 years at 3.7%
AED 2,361

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