1-bed · 1,064 sqftOpal Marina Tower, Dubai Marina · 13th floor · completed 2014

1306, Opal Marina Tower

Sold prices and rental history: sold once, by the developer in October 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1306 · DLD and Ejari recordsUpdated 2 October 2023
Last soldAED 1.03M2 October 2023
Current rentAED 67K /yr3 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1306, Opal Marina Tower

What is 1306 worth today?

Last sold for AED 1,026,100 in 2023

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2 Oct 2023Sold by developerReady
AED 1,026,100AED 964 per sqft
3 Mar 2023RentedRenewal
AED 66,550/yr12 months · AED 63 per sqft
3 Mar 2022RentedRenewal
AED 60,500/yr12 months · AED 57 per sqft
3 Mar 2021RentedRenewal
AED 55,000/yr12 months · AED 52 per sqft
3 Mar 2020RentedNew contract
AED 60,000/yr12 months · AED 56 per sqft
22 Dec 2018RentedNew contract
AED 70,000/yr12 months · AED 66 per sqft
7 Nov 2018RentedRenewal
AED 84,000/yr1 months · AED 79 per sqft
7 Nov 2017RentedNew contract
AED 80,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 2 October 2023.

Key facts

Type
1-bed apartment
Size
1,064 sqft
Floor
13th of 29
Parking
B2-66
Developer
Mismak Properties - Sole Proprietorship - Dubai Branch
Completed
2014
Service charge
AED 22,400 /yr
Last sold
AED 1.03M · October 2023

About 1306, Opal Marina Tower

1306 is a one-bedroom apartment of 1,064 sqft on the 13th floor of Opal Marina Tower, a 29-storey tower in Dubai Marina completed in 2014 by Mismak Properties - Sole Proprietorship - Dubai Branch. The developer sold it on 2 October 2023 for AED 1,026,100, or AED 964 per sqft, 8% above the AED 892 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 3 March 2023, is AED 66,550 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 22,400 a year.

Sales and rents for 1306 over time

Sales
Unit 1306, each saleTypical one-bed in Opal Marina Tower
1M1.5M202220242026Typical sale price by year: 2022 AED 916,000; 2023 AED 952,185; 2024 AED 1,330,000; 2025 AED 1,700,000; 2026 AED 1,396,322Sold by developer, October 2023: AED 1,026,100 (AED 964 per sqft)

1306 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1306, each contractTypical one-bed in Opal Marina Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 75,000; 2014 AED 82,728; 2015 AED 90,000; 2016 AED 90,046; 2017 AED 90,000; 2018 AED 75,000; 2019 AED 70,000; 2020 AED 60,000; 2021 AED 52,000; 2022 AED 60,000; 2023 AED 66,000; 2024 AED 92,000; 2025 AED 95,000; 2026 AED 90,000New contract, September 2012: AED 75,000 a yearNew contract, September 2013: AED 85,000 a yearRenewal, September 2014: AED 89,248 a yearRenewal, September 2015: AED 93,711 a yearNew contract, September 2016: AED 90,000 a yearNew contract, November 2017: AED 80,000 a yearRenewal, November 2018: AED 84,000 a yearNew contract, December 2018: AED 70,000 a yearNew contract, March 2020: AED 60,000 a yearRenewal, March 2021: AED 55,000 a yearRenewal, March 2022: AED 60,500 a yearRenewal, March 2023: AED 66,550 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 Opal Marina Tower, and where 1306 sits

All 51 1-beds →

1306 last sold in October 2023 at AED 964 per sqft, 8% above what one-beds in Opal Marina Tower were fetching at the time (AED 892). Over the last 12 months one-beds sold for AED 1,230,000 to 1,500,000, around AED 1,409 per sqft, and rent for AED 74,799 to 165,000 a year. 1306's AED 66,550 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Sep 20261,500,000
18 Jun 20261,230,000
16 Jun 20261,292,643
20 May 20261,500,000
5 1-bed sales in the last 12 months

Opal Marina Tower

Building

162 apartments, 1-bed to 4-bed over 29 floors in Dubai Marina, completed in 2014 by Mismak Properties - Sole Proprietorship - Dubai Branch. 7 sold in the last 12 months.

Typical price per sqft
AED 1,358
Typical sale
AED 1.5M
Typical rent
AED 120K /yr
Typical yield
5.8%
Opal Marina Tower, Dubai Marina: prices, sales and rents →

Other units on the 13th floor

All 162 units in Opal Marina Tower
Value
13012-bedAED 1.37M · Feb 2023
13022-bedAED 1.43M · Aug 2022
13031-bedAED 1.17M · Oct 2024
13042-bedAED 1.31M · May 2023
13052-bedAED 1.2M · Jun 2012

1306, Opal Marina Tower in numbers

  • Sold once: by Mismak Properties - Sole Proprietorship - Dubai Branch on 2 October 2023 for AED 1,026,100, or AED 964 per sqft.
  • Rented since September 2012 on 12 Ejari contracts. The rent fell from AED 75,000 to AED 55,000 in 2021 and recovered to AED 66,550 by March 2023.
  • At AED 66,550 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 22,400 a year (AED 21.01 per sqft).
  • One-beds in Opal Marina Tower sold for AED 1,230,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,358 per sqft.

Source: Dubai Land Department. Updated 2 October 2023.

Questions about 1306, Opal Marina Tower

What did unit 1306 last sell for?

AED 1,026,100 on 2 October 2023, sold by the developer: AED 964 per sqft for 1,064 sqft. It is the only registered sale of the unit.

What is the rent for unit 1306?

AED 66,550 a year on the contract renewed on 3 March 2023. The previous contract, from March 2022, was AED 60,500; the unit has been rented since September 2012.

How big is unit 1306?

1,064 sqft (98.8 sqm): a one-bedroom apartment on the 13th floor of a 29-storey tower completed in 2014.

What is unit 1306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Opal Marina Tower sold for AED 1,230,000 to 1,500,000 in the last 12 months, around AED 1,409 per sqft.

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Mortgage on 1306, Opal Marina Tower

Starts from the last sale price (AED 1.03M, 2 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,026,100
Deposit, UAE resident (20%)
AED 205,220
Deposit, non-resident (40%)
AED 410,440
Monthly over 25 years at 3.7%
AED 4,198

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