1-bed · 1,156 sqftThe Onyx Tower 2, The Greens · 16th floor · completed 2015

1607, The Onyx Tower 2

Sold prices and rental history: sold 3 times, last in September 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1607 · DLD and Ejari recordsUpdated 24 September 2018
Last soldAED 1.65M24 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1607, The Onyx Tower 2

What is 1607 worth today?

Last sold for AED 1,650,000 in 2018

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24 Sep 2018SoldReady
AED 1,650,000AED 1,427 per sqft
9 Nov 2016SoldOff-plan
AED 1,675,000AED 1,449 per sqft
16 Dec 2015Sold by developerOff-plan
AED 1,618,176AED 1,400 per sqft

Source: Dubai Land Department. Updated 24 September 2018.

Key facts

Type
1-bed apartment
Size
1,156 sqft
Floor
16th of 24
Parking
B2-470
Developer
The Onyx for Development
Completed
2015
Last sold
AED 1.65M · September 2018

About 1607, The Onyx Tower 2

1607 is a one-bedroom apartment of 1,156 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. It last sold on 24 September 2018 for AED 1,650,000, or AED 1,427 per sqft, 26% above the AED 1,136 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1607 over time

Sales
Unit 1607, 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 1,985,000Sold by developer, December 2015: AED 1,618,176 (AED 1,400 per sqft)Sold, November 2016: AED 1,675,000 (AED 1,449 per sqft)Sold, September 2018: AED 1,650,000 (AED 1,427 per sqft)

1607 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1607, 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 140,000

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 1607 sits

All 64 1-beds →

1607 last sold in September 2018 at AED 1,427 per sqft, 26% above what one-beds in The Onyx Tower 2 were fetching at the time (AED 1,136). 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.

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
16021-bedNo registered sale
16031-bedAED 1.72M · Jun 2017
16041-bedAED 1.23M · Oct 2022
16052-bedAED 2.2M · Sep 2016
16062-bedAED 1.89M · Jun 2021
16082-bedAED 2.33M · Aug 2015
1–7 of 12

1607, The Onyx Tower 2 in numbers

  • Sold 3 times: first on 16 December 2015 for AED 1,618,176, last on 24 September 2018 for AED 1,650,000 (AED 1,427 per sqft).
  • 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 24 September 2018.

Questions about 1607, The Onyx Tower 2

What did unit 1607 last sell for?

AED 1,650,000 on 24 September 2018: AED 1,427 per sqft for 1,156 sqft. The unit has 3 registered sales; the first was AED 1,618,176 in December 2015.

How big is unit 1607?

1,156 sqft (107.4 sqm): a one-bedroom apartment on the 16th floor of a 24-storey tower completed in 2015.

What is unit 1607 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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Mortgage on 1607, The Onyx Tower 2

Starts from the last sale price (AED 1.65M, 24 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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