1603, AKA Residence
Sold prices and rental history: sold once, by the developer in July 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, AKA Residence
What is 1603 worth today?
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Source: Dubai Land Department. Updated 29 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 402 sqft
- Floor
- 16th of 21
- Parking
- P4-46
- Developer
- AKA International
- Completed
- 2019
- Last sold
- AED 339K · July 2025
- Building
- AKA Residence
About 1603, AKA Residence
1603 is a studio of 402 sqft on the 16th floor of AKA Residence, a 21-storey tower in Jumeirah Village Circle (JVC) completed in 2019 by AKA International. The developer sold it on 21 July 2025 for AED 339,214, or AED 843 per sqft, 5% below the AED 889 studios in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 29 August 2026, is AED 44,000 a year: a gross yield of 13.0% on the 2025 price.
Sales and rents for 1603 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in AKA Residence, and where 1603 sits
All 32 studios →1603 last sold in July 2025 at AED 843 per sqft, 5% below what studios in AKA Residence were fetching at the time (AED 889). 1603's AED 44,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202523 July 2025 | 402 sqft | 511,536 | 1,271 | ||
| 21 Jul 202521 July 2025 | 409 sqft | 286,545 | 700 | ||
| 21 Jul 202521 July 2025 | 346 sqft | 307,451 | 887 | ||
| 21 Jul 202521 July 2025 | 408 sqft | 1,106,619 | 2,715 |
AKA Residence
Building210 apartments, studios to 3-bed over 21 floors in Jumeirah Village Circle (JVC), completed in 2019 by AKA International. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 63K /yr
- Typical yield
Other units on the 16th floor
All 210 units in AKA Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 771 sqft | AED 540KAED 539,515 · Jul 2025July 2025 | 54,024 /yr | |
| 1602 | 2-bed | 1,183 sqft | AED 775KAED 774,518 · Jul 2025July 2025 | 84,500 /yr | |
| 1604 | 1-bed | 710 sqft | AED 512KAED 511,550 · Jul 2025July 2025 | 56,870 /yr | |
| 1605 | 1-bed | 721 sqft | AED 516KAED 516,291 · Jul 2025July 2025 | 50,419 /yr | |
| 1606 | 1-bed | 1,148 sqft | AED 749KAED 748,695 · Jul 2025July 2025 | 90,000 /yr | |
| 1607 | 1-bed | 937 sqft | AED 638KAED 637,555 · Jul 2025July 2025 | 87,000 /yr | |
| 1608 | 1-bed | 854 sqft | AED 585KAED 585,403 · Jul 2025July 2025 | 63,000 /yr | |
| 1609 | 1-bed | 736 sqft | AED 526KAED 525,608 · Jul 2025July 2025 | 80,000 /yr | |
| 1610 | 1-bed | 731 sqft | AED 521KAED 521,183 · Jul 2025July 2025 | 65,000 /yr |
1603, AKA Residence in numbers
- Sold once: by AKA International on 21 July 2025 for AED 339,214, or AED 843 per sqft.
- Rented since July 2020 on 5 Ejari contracts, from AED 24,500 to AED 44,000 a year.
- At AED 44,000 a year the gross yield on the 2025 price is 13.0%.
Source: Dubai Land Department. Updated 29 August 2026.
Questions about 1603, AKA Residence
What did unit 1603 last sell for?
AED 339,214 on 21 July 2025, sold by the developer: AED 843 per sqft for 402 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603?
AED 44,000 a year on the contract renewed on 29 August 2026. The previous contract, from August 2025, was AED 44,000; the unit has been rented since July 2020.
How big is unit 1603?
402 sqft (37.3 sqm): a studio on the 16th floor of a 21-storey tower completed in 2019.
What is unit 1603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1603, AKA Residence
Starts from the last sale price (AED 339K, 21 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 339,214
- Deposit, UAE resident (20%)
- AED 67,843
- Deposit, non-resident (40%)
- AED 135,686
- Monthly over 25 years at 3.7%
- AED 1,388
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →