2-bed · 1,173 sqftThe Pier, Dubai Maritime City · 16th floor · completed 2026

1606, The Pier

Sold prices and rental history: sold once, by the developer in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1606 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 2.95M18 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1606, The Pier

What is 1606 worth today?

Last sold for AED 2,948,458 in 2024

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18 Nov 2024Sold by developerOff-plan
AED 2,948,458AED 2,512 per sqft

Source: Dubai Land Department. Updated 18 November 2024.

Key facts

Type
2-bed apartment
Size
1,173 sqft
Floor
16th of 28
Parking
1
Developer
Continental Investments LMD
Completed
2026
Last sold
AED 2.95M · November 2024
Building
The Pier

About 1606, The Pier

1606 is a two-bedroom apartment of 1,173 sqft on the 16th floor of The Pier, a 28-storey tower in Dubai Maritime City completed in 2026 by Continental Investments LMD. The developer sold it on 18 November 2024 for AED 2,948,458, or AED 2,512 per sqft, 4% below the AED 2,615 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1606 over time

Sales
Unit 1606, each saleTypical two-bed in The Pier
3M2024202520262027Typical sale price by year: 2024 AED 3,030,810; 2025 AED 2,896,525; 2026 AED 3,144,256Sold by developer, November 2024: AED 2,948,458 (AED 2,512 per sqft)

1606 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in The Pier, and where 1606 sits

All 92 2-beds →

1606 last sold in November 2024 at AED 2,512 per sqft, 4% below what two-beds in The Pier were fetching at the time (AED 2,615). Over the last 12 months two-beds sold for AED 2,163,075 to 3,589,527, around AED 2,626 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
13 Oct 20263,208,924
13 Oct 20263,206,222
16 Jun 20263,589,527
20 May 20263,583,514
20 2-bed sales in the last 12 months

The Pier

Building

259 apartments, 1-bed to 3-bed over 28 floors in Dubai Maritime City, completed in 2026 by Continental Investments LMD. 27 sold in the last 12 months.

Typical price per sqft
AED 2,626 Up 7.8%
Typical sale
AED 2.91M
Typical rent
Few contracts
Typical yield
The Pier, Dubai Maritime City: prices, sales and rents →

Other units on the 16th floor

All 259 units in The Pier
Value
16011-bedAED 1.72M · Dec 2024
16021-bedAED 1.68M · Oct 2024
16031-bedAED 1.85M · Nov 2024
16042-bedAED 3.09M · Sep 2024
16052-bedAED 2.63M · Dec 2025
16072-bedAED 3.01M · Nov 2025
16081-bedAED 1.86M · Oct 2024
1–7 of 11

1606, The Pier in numbers

  • Sold once: by Continental Investments LMD on 18 November 2024 for AED 2,948,458, or AED 2,512 per sqft.
  • Two-beds in The Pier sold for AED 2,163,075–3,589,527 in the 12 months to November 2026; the building's median across all types is AED 2,626 per sqft.

Source: Dubai Land Department. Updated 18 November 2024.

Questions about 1606, The Pier

What did unit 1606 last sell for?

AED 2,948,458 on 18 November 2024, sold by the developer: AED 2,512 per sqft for 1,173 sqft. It is the only registered sale of the unit.

How big is unit 1606?

1,173 sqft (109.0 sqm): a two-bedroom apartment on the 16th floor of a 28-storey tower completed in 2026.

What is unit 1606 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Pier sold for AED 2,163,075 to 3,589,527 in the last 12 months, around AED 2,626 per sqft.

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Mortgage on 1606, The Pier

Starts from the last sale price (AED 2.95M, 18 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,948,458
Deposit, UAE resident (20%)
AED 589,692
Deposit, non-resident (40%)
AED 1,179,383
Monthly over 25 years at 3.7%
AED 12,063

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