1503, Opal Marina Tower
Sold prices and rental history: sold once, by the developer in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Opal Marina Tower
What is 1503 worth today?
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Source: Dubai Land Department. Updated 2 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,064 sqft
- Floor
- 15th of 29
- Parking
- B2-75
- Developer
- Mismak Properties - Sole Proprietorship - Dubai Branch
- Completed
- 2014
- Service charge
- AED 22,400 /yr
- Last sold
- AED 931K · May 2023
- Building
- Opal Marina Tower
About 1503, Opal Marina Tower
1503 is a one-bedroom apartment of 1,064 sqft on the 15th 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 May 2023 for AED 931,000, or AED 874 per sqft, in line with the AED 874 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 2 November 2024, is AED 95,000 a year: a gross yield of 10.2% on the 2023 price, before the service charge of about AED 22,400 a year.
Sales and rents for 1503 over time
1503 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 Opal Marina Tower, and where 1503 sits
All 51 1-beds →1503 last sold in May 2023 at AED 874 per sqft, in line with what one-beds in Opal Marina Tower were fetching at the time (AED 874). 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. 1503's AED 95,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Sep 202623 September 2026 | 1,064 sqft | 1,500,000 | 1,409 | ||
| 18 Jun 202618 June 2026 | 1,064 sqft | 1,230,000 | 1,155 | ||
| 16 Jun 202616 June 2026 | 1,064 sqft | 1,292,643 | 1,214 | ||
| 20 May 202620 May 2026 | 1,064 sqft | 1,500,000 | 1,409 |
Opal Marina Tower
Building162 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%
Other units on the 15th floor
All 162 units in Opal Marina Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,546 sqft | AED 1.38MAED 1,380,800 · Mar 2022March 2022 | 119,062 /yr | |
| 1502 | 2-bed | 1,546 sqft | AED 1.38MAED 1,380,800 · Mar 2022March 2022 | 113,392 /yr | |
| 1504 | 2-bed | 1,537 sqft | AED 1.08MAED 1,079,600 · Mar 2010March 2010 | 110,000 /yr | |
| 1505 | 2-bed | 1,536 sqft | AED 1.4MAED 1,400,000 · Oct 2012October 2012 | 115,212 /yr | |
| 1506 | 1-bed | 1,064 sqft | AED 1.5MAED 1,500,000 · May 2026May 2026 | 55,000 /yr |
1503, Opal Marina Tower in numbers
- Sold once: by Mismak Properties - Sole Proprietorship - Dubai Branch on 2 May 2023 for AED 931,000, or AED 874 per sqft.
- Rented since November 2012 on 13 Ejari contracts. The rent fell from AED 60,000 to AED 45,000 in 2021 and recovered to AED 95,000 by November 2024.
- At AED 95,000 a year the gross yield on the 2023 price is 10.2%, 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 November 2024.
Questions about 1503, Opal Marina Tower
What did unit 1503 last sell for?
AED 931,000 on 2 May 2023, sold by the developer: AED 874 per sqft for 1,064 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 95,000 a year on the contract signed on 2 November 2024. The previous contract, from November 2024, was AED 95,000; the unit has been rented since November 2012.
How big is unit 1503?
1,064 sqft (98.8 sqm): a one-bedroom apartment on the 15th floor of a 29-storey tower completed in 2014.
What is unit 1503 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 1503, Opal Marina Tower
Starts from the last sale price (AED 931K, 2 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 931,000
- Deposit, UAE resident (20%)
- AED 186,200
- Deposit, non-resident (40%)
- AED 372,400
- Monthly over 25 years at 3.7%
- AED 3,809
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →