1-bed · 1,443 sqftThe Onyx Tower 2, The Greens · 16th floor · completed 2015

1602, The Onyx Tower 2

Sold prices and rental history: no registered sale, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1602 · DLD and Ejari recordsUpdated 30 May 2024
Current rentAED 123K /yr30 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, The Onyx Tower 2

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30 May 2024RentedRenewal
AED 123,000/yr12 months · AED 85 per sqft
30 May 2023RentedNew contract
AED 120,000/yr12 months · AED 83 per sqft
29 Mar 2021RentedNew contract
AED 80,000/yr36 months · AED 55 per sqft
7 Dec 2019RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
7 Dec 2018RentedNew contract
AED 115,000/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 30 May 2024.

Key facts

Type
1-bed apartment
Size
1,443 sqft
Floor
16th of 24
Parking
B2-521
Developer
The Onyx for Development
Completed
2015
Last sold
No registered sale

About 1602, The Onyx Tower 2

1602 is a one-bedroom apartment of 1,443 sqft on the 16th floor of The Onyx Tower 2, a 24-storey tower in The Greens completed in 2015 by The Onyx for Development. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 30 May 2024, is AED 123,000 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, each saleTypical one-bed in The Onyx Tower 2
1M2M2015201820212024Typical sale price by year: 2015 AED 1,692,656; 2016 AED 1,675,000; 2017 AED 1,664,310; 2018 AED 1,600,000; 2021 AED 1,540,000; 2022 AED 795,507; 2023 AED 1,730,000; 2024 AED 2,125,000; 2025 AED 1,985,000

No registered sale of 1602; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1602, each contractTypical one-bed in The Onyx Tower 2
100K150K2017202020232026Typical rent by year: 2017 AED 120,000; 2018 AED 115,000; 2019 AED 110,000; 2020 AED 90,000; 2021 AED 89,000; 2022 AED 95,000; 2023 AED 112,860; 2024 AED 128,250; 2025 AED 145,000; 2026 AED 140,000New contract, December 2018: AED 115,000 a yearNew contract, December 2019: AED 110,000 a yearNew contract, March 2021: AED 80,000 a yearNew contract, May 2023: AED 120,000 a yearRenewal, May 2024: AED 123,000 a year

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

1-beds in The Onyx Tower 2, and where 1602 sits

All 64 1-beds →

Over the last 12 months one-beds sold for AED 1,705,000, around AED 2,240 per sqft, and rent for AED 95,000 to 173,250 a year. 1602's AED 123,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 20261,705,000
14 Oct 20252,375,000
4 Jul 20252,500,000
29 Apr 20251,100,000
1 1-bed sale in the last 12 months

The Onyx Tower 2

Building

168 apartments, 1-bed to 3-bed over 24 floors in The Greens, completed in 2015 by The Onyx for Development. 1 sold in the last 12 months.

Typical price per sqft
AED 2,240
Typical sale
AED 1.71M
Typical rent
AED 175K /yr
Typical yield
4.8%
The Onyx Tower 2, The Greens: prices, sales and rents →

Other units on the 16th floor

All 168 units in The Onyx Tower 2
Value
16011-bedAED 1.55M · Nov 2017
16031-bedAED 1.72M · Jun 2017
16041-bedAED 1.23M · Oct 2022
16052-bedAED 2.2M · Sep 2016
16062-bedAED 1.89M · Jun 2021
16071-bedAED 1.65M · Sep 2018
16082-bedAED 2.33M · Aug 2015
1–7 of 12

1602, The Onyx Tower 2 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 115,000 to AED 80,000 in 2021 and recovered to AED 123,000 by May 2024.
  • One-beds in The Onyx Tower 2 sold for AED 1,705,000–1,705,000 in the 12 months to November 2026; the building's median across all types is AED 2,240 per sqft.

Source: Dubai Land Department. Updated 30 May 2024.

Questions about 1602, The Onyx Tower 2

What is the rent for unit 1602?

AED 123,000 a year on the contract renewed on 30 May 2024. The previous contract, from May 2023, was AED 120,000; the unit has been rented since December 2018.

How big is unit 1602?

1,443 sqft (134.1 sqm): a one-bedroom apartment on the 16th floor of a 24-storey tower completed in 2015.

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 The Onyx Tower 2 sold for AED 1,705,000 to 1,705,000 in the last 12 months, around AED 2,240 per sqft.

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