2-bed · 872 sqftDana Tower, Jumeirah Village Circle (JVC) · 16th floor · completed 2013

1602, Dana Tower

Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 350K18 March 2021
Current rentAED 50K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Dana Tower

What is 1602 worth today?

Last sold for AED 350,000 in 2021

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1 Dec 2023RentedNew contract
AED 50,000/yr12 months · AED 57 per sqft
1 Jul 2023RentedRenewal
AED 44,000/yr12 months · AED 50 per sqft
1 Jul 2022RentedNew contract
AED 40,000/yr12 months · AED 46 per sqft
3 Oct 2021RentedNew contract
AED 38,000/yr12 months · AED 44 per sqft
18 Mar 2021SoldReady
AED 350,000AED 401 per sqft
1 Nov 2019RentedNew contract
AED 44,000/yr12 months · AED 50 per sqft
15 Sep 2018RentedNew contract
AED 60,000/yr12 months · AED 69 per sqft
4 Dec 2017RentedNew contract
AED 70,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
2-bed apartment
Size
872 sqft
Floor
16th of 19
Parking
B1-14
Developer
Tiger Properties
Completed
2013
Service charge
AED 18,000 /yr
Last sold
AED 350K · March 2021
Building
Dana Tower

About 1602, Dana Tower

1602 is a two-bedroom apartment of 872 sqft on the 16th floor of Dana Tower, a 19-storey tower in Jumeirah Village Circle (JVC) completed in 2013 by Tiger Properties. It last sold on 18 March 2021 for AED 350,000, or AED 401 per sqft, 12% below the AED 455 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 December 2023, is AED 50,000 a year: a gross yield of 14.3% on the 2021 price, before the service charge of about AED 18,000 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical two-bed in Dana Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 1,322,418; 2013 AED 748,055; 2014 AED 752,531; 2015 AED 865,615; 2021 AED 510,000; 2022 AED 525,000; 2023 AED 682,500; 2024 AED 787,500; 2025 AED 800,000; 2026 AED 865,000Sold by developer, April 2009: AED 1,285,270 (AED 1,473 per sqft)Sold, March 2021: AED 350,000 (AED 401 per sqft)

1602 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1602, each contractTypical two-bed in Dana Tower
40K60K80K2014201820222026Typical rent by year: 2014 AED 71,500; 2015 AED 75,000; 2016 AED 78,000; 2017 AED 75,000; 2018 AED 60,000; 2019 AED 57,500; 2020 AED 45,000; 2021 AED 42,000; 2022 AED 47,500; 2023 AED 57,500; 2024 AED 70,000; 2025 AED 75,000; 2026 AED 75,000New contract, December 2017: AED 70,000 a yearNew contract, September 2018: AED 60,000 a yearNew contract, November 2019: AED 44,000 a yearNew contract, October 2021: AED 38,000 a yearNew contract, July 2022: AED 40,000 a yearRenewal, July 2023: AED 44,000 a yearNew contract, December 2023: AED 50,000 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 Dana Tower, and where 1602 sits

All 45 2-beds →

1602 last sold in March 2021 at AED 401 per sqft, 12% below what two-beds in Dana Tower were fetching at the time (AED 455). Over the last 12 months two-beds sold for AED 750,000 to 980,000, around AED 940 per sqft, and rent for AED 65,000 to 120,000 a year. 1602's AED 50,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Aug 2026750,000
5 Mar 2026980,000
13 Feb 2026865,000
6 Nov 2025800,000
3 2-bed sales in the last 12 months

Dana Tower

Building

151 apartments, studios to 2-bed over 19 floors in Jumeirah Village Circle (JVC), completed in 2013 by Tiger Properties. 13 sold in the last 12 months.

Typical price per sqft
AED 845 Up 10.0%
Typical sale
AED 630K
Typical rent
AED 65K /yr
Typical yield
9.4%
Dana Tower, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 16th floor

All 151 units in Dana Tower
Value
1601StudioAED 300K · Mar 2021
16031-bedAED 250K · Mar 2021
16042-bedAED 530K · Mar 2021
16051-bedAED 250K · Mar 2021
16061-bedAED 250K · Mar 2021
16072-bedAED 350K · Mar 2021
1608StudioAED 300K · Mar 2021

1602, Dana Tower in numbers

  • Sold twice: first on 25 April 2009 for AED 1,285,270, last on 18 March 2021 for AED 350,000 (AED 401 per sqft).
  • Rented since December 2017 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 38,000 in 2021 and recovered to AED 50,000 by December 2023.
  • At AED 50,000 a year the gross yield on the 2021 price is 14.3%, before a service charge of about AED 18,000 a year (AED 20.62 per sqft).
  • Two-beds in Dana Tower sold for AED 750,000–980,000 in the 12 months to November 2026; the building's median across all types is AED 845 per sqft.

Source: Dubai Land Department. Updated 1 December 2023.

Questions about 1602, Dana Tower

What did unit 1602 last sell for?

AED 350,000 on 18 March 2021: AED 401 per sqft for 872 sqft. The unit has 2 registered sales; the first was AED 1,285,270 in April 2009.

What is the rent for unit 1602?

AED 50,000 a year on the contract signed on 1 December 2023. The previous contract, from July 2023, was AED 44,000; the unit has been rented since December 2017.

How big is unit 1602?

872 sqft (81.0 sqm): a two-bedroom apartment on the 16th floor of a 19-storey tower completed in 2013.

What is unit 1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Dana Tower sold for AED 750,000 to 980,000 in the last 12 months, around AED 940 per sqft.

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Mortgage on 1602, Dana Tower

Starts from the last sale price (AED 350K, 18 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 350,000
Deposit, UAE resident (20%)
AED 70,000
Deposit, non-resident (40%)
AED 140,000
Monthly over 25 years at 3.7%
AED 1,432

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