1602, Sydney Tower
Sold prices and rental history: sold once, by the developer in January 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1602, Sydney Tower
What is 1602 worth today?
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Source: Dubai Land Department. Updated 18 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 713 sqft
- Floor
- 16th of 20
- Parking
- P4-03
- Last sold
- AED 800K · January 2024
- Building
- Sydney Tower
About 1602, Sydney Tower
1602 is a one-bedroom apartment of 713 sqft on the 16th floor of Sydney Tower, a 20-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 18 January 2024 for AED 800,000, or AED 1,122 per sqft, 7% above the AED 1,051 one-beds in the building were fetching at the time.
It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 1 August 2020, is AED 44,000 a year: a gross yield of 5.5% on the 2024 price.
Sales and rents for 1602 over time
1602 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Sydney Tower, and where 1602 sits
All 95 1-beds →1602 last sold in January 2024 at AED 1,122 per sqft, 7% above what one-beds in Sydney Tower were fetching at the time (AED 1,051). Over the last 12 months one-beds sold for AED 780,000 to 937,500, around AED 1,231 per sqft, and rent for AED 50,000 to 85,000 a year. 1602's AED 44,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Nov 20264 November 2026 | 667 sqft | 895,000 | 1,340 | ||
| 4 Nov 20264 November 2026 | 725 sqft | 936,000 | 1,291 | ||
| 17 Jul 202617 July 2026 | 750 sqft | 780,000 | 1,040 | ||
| 17 Jul 202617 July 2026 | 713 sqft | 780,000 | 1,094 |
Sydney Tower
Building156 apartments, studios to 2-bed over 20 floors in Jumeirah Village Circle (JVC). 24 sold in the last 12 months.
- Typical price per sqft
- AED 1,165 Down 5.1%
- Typical sale
- AED 916K
- Typical rent
- AED 73K /yr
- Typical yield
- 7.7%
Other units on the 16th floor
All 156 units in Sydney Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,117 sqft | AED 1.42MAED 1,419,469 · Apr 2026April 2026 | 100,000 /yr | |
| 1603 | 1-bed | 725 sqft | No registered sale | 65,000 /yr | |
| 1604 | 1-bed | 796 sqft | AED 850KAED 850,000 · Dec 2023December 2023 | 34,000 /yr | |
| 1605 | 1-bed | 750 sqft | No registered sale | 75,000 /yr | |
| 1606 | 1-bed | 667 sqft | AED 846KAED 846,000 · Nov 2025November 2025 | 75,000 /yr | |
| 1607 | 2-bed | 1,128 sqft | No registered sale | 110,000 /yr | |
| 1608 | Studio | 388 sqft | AED 578KAED 577,500 · Apr 2024April 2024 | 66,000 /yr |
1602, Sydney Tower in numbers
- Sold once: by the developer on 18 January 2024 for AED 800,000, or AED 1,122 per sqft.
- Rented since August 2018 on 2 Ejari contracts, from AED 55,000 to AED 44,000 a year.
- At AED 44,000 a year the gross yield on the 2024 price is 5.5%.
- One-beds in Sydney Tower sold for AED 780,000–937,500 in the 12 months to November 2026; the building's median across all types is AED 1,165 per sqft.
Source: Dubai Land Department. Updated 18 January 2024.
Questions about 1602, Sydney Tower
What did unit 1602 last sell for?
AED 800,000 on 18 January 2024, sold by the developer: AED 1,122 per sqft for 713 sqft. It is the only registered sale of the unit.
What is the rent for unit 1602?
AED 44,000 a year on the contract signed on 1 August 2020. The previous contract, from August 2018, was AED 55,000.
How big is unit 1602?
713 sqft (66.2 sqm): a one-bedroom apartment on the 16th floor of a 20-storey tower.
What is unit 1602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sydney Tower sold for AED 780,000 to 937,500 in the last 12 months, around AED 1,231 per sqft.
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Mortgage on 1602, Sydney Tower
Starts from the last sale price (AED 800K, 18 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →