2-bed · 1,546 sqftOpal Marina Tower, Dubai Marina · 16th floor · completed 2014

1601, Opal Marina Tower

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 29 January 2024
Last soldAED 1.9M29 January 2024
Current rentAED 140K /yr3 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Opal Marina Tower

What is 1601 worth today?

Last sold for AED 1,900,000 in 2024

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29 Jan 2024SoldReady
AED 1,900,000AED 1,228 per sqft
3 Dec 2022RentedNew contract
AED 140,000/yr12 months · AED 90 per sqft
10 Nov 2022Sold by developerReady
AED 1,350,000AED 873 per sqft
15 Nov 2021RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
15 Nov 2020RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
15 Nov 2019RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
23 Oct 2018RentedRenewal
AED 115,000/yr12 months · AED 74 per sqft
23 Oct 2017RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 29 January 2024.

Key facts

Type
2-bed apartment
Size
1,546 sqft
Floor
16th of 29
Parking
B3-2
Developer
Mismak Properties - Sole Proprietorship - Dubai Branch
Completed
2014
Service charge
AED 32,500 /yr
Last sold
AED 1.9M · January 2024

About 1601, Opal Marina Tower

1601 is a two-bedroom apartment of 1,546 sqft on the 16th floor of Opal Marina Tower, a 29-storey tower in Dubai Marina completed in 2014 by Mismak Properties - Sole Proprietorship - Dubai Branch. It last sold on 29 January 2024 for AED 1,900,000, or AED 1,228 per sqft, 40% above the AED 880 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 3 December 2022, is AED 140,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 32,500 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical two-bed in Opal Marina Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,093,539; 2010 AED 1,079,600; 2011 AED 1,079,600; 2012 AED 1,200,000; 2013 AED 1,625,000; 2021 AED 1,314,047; 2022 AED 1,355,000; 2023 AED 1,352,316; 2024 AED 1,900,000; 2025 AED 2,000,000Sold by developer, November 2022: AED 1,350,000 (AED 873 per sqft)Sold, January 2024: AED 1,900,000 (AED 1,228 per sqft)

1601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, each contractTypical two-bed in Opal Marina Tower
100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 100,000; 2014 AED 113,850; 2015 AED 129,838; 2016 AED 130,000; 2017 AED 130,000; 2018 AED 116,127; 2019 AED 99,000; 2020 AED 90,000; 2021 AED 70,000; 2022 AED 80,500; 2023 AED 95,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 120,000New contract, October 2012: AED 115,500 a yearRenewal, October 2013: AED 120,000 a yearRenewal, October 2014: AED 132,000 a yearRenewal, October 2015: AED 138,600 a yearNew contract, October 2016: AED 130,000 a yearRenewal, October 2017: AED 130,000 a yearRenewal, October 2018: AED 115,000 a yearNew contract, November 2019: AED 90,000 a yearRenewal, November 2020: AED 85,000 a yearRenewal, November 2021: AED 85,000 a yearNew contract, December 2022: AED 140,000 a year

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

2-beds in Opal Marina Tower, and where 1601 sits

All 109 2-beds →

1601 last sold in January 2024 at AED 1,228 per sqft, 40% above what two-beds in Opal Marina Tower were fetching at the time (AED 880). Over the last 12 months two-beds sold for AED 1,780,000 to 2,100,000, around AED 1,150 per sqft, and rent for AED 97,350 to 242,000 a year. 1601's AED 140,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Sep 20261,780,000
10 Jul 20262,100,000
25 Jul 20252,000,000
10 Jul 20251,925,000
2 2-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 16th floor

All 162 units in Opal Marina Tower
Value
16022-bedAED 1.09M · Oct 2009
16042-bedAED 1.31M · May 2023
16052-bedAED 1.08M · May 2010
16061-bedAED 465K · Aug 2022

1601, Opal Marina Tower in numbers

  • Sold twice: first on 10 November 2022 for AED 1,350,000, last on 29 January 2024 for AED 1,900,000 (AED 1,228 per sqft).
  • Rented since October 2012 on 11 Ejari contracts. The rent fell from AED 115,500 to AED 85,000 in 2021 and recovered to AED 140,000 by December 2022.
  • At AED 140,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 32,500 a year (AED 21.01 per sqft).
  • Two-beds in Opal Marina Tower sold for AED 1,780,000–2,100,000 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 29 January 2024.

Questions about 1601, Opal Marina Tower

What did unit 1601 last sell for?

AED 1,900,000 on 29 January 2024: AED 1,228 per sqft for 1,546 sqft. The unit has 2 registered sales; the first was AED 1,350,000 in November 2022.

What is the rent for unit 1601?

AED 140,000 a year on the contract signed on 3 December 2022. The previous contract, from November 2021, was AED 85,000; the unit has been rented since October 2012.

How big is unit 1601?

1,546 sqft (143.6 sqm): a two-bedroom apartment on the 16th floor of a 29-storey tower completed in 2014.

What is unit 1601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Opal Marina Tower sold for AED 1,780,000 to 2,100,000 in the last 12 months, around AED 1,150 per sqft.

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Mortgage on 1601, Opal Marina Tower

Starts from the last sale price (AED 1.9M, 29 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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