1606, Opal Marina Tower
Sold prices and rental history: sold twice, last in August 2022, 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 1606, Opal Marina Tower
What is 1606 worth today?
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Source: Dubai Land Department. Updated 17 August 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,064 sqft
- Floor
- 16th of 29
- Parking
- B3-7
- Developer
- Mismak Properties - Sole Proprietorship - Dubai Branch
- Completed
- 2014
- Service charge
- AED 22,400 /yr
- Last sold
- AED 465K · August 2022
- Building
- Opal Marina Tower
About 1606, Opal Marina Tower
1606 is a one-bedroom apartment of 1,064 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 17 August 2022 for AED 465,000, or AED 436 per sqft, 46% below the AED 811 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 4 August 2020, is AED 65,000 a year: a gross yield of 14.0% on the 2022 price, before the service charge of about AED 22,400 a year.
Sales and rents for 1606 over time
1606 has sold twice; 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 1606 sits
All 51 1-beds →1606 last sold in August 2022 at AED 436 per sqft, 46% below what one-beds in Opal Marina Tower were fetching at the time (AED 811). 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. 1606's AED 65,000 is at the bottom 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 16th floor
All 162 units in Opal Marina Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 2-bed | 1,546 sqft | AED 1.9MAED 1,900,000 · Jan 2024January 2024 | 140,000 /yr | |
| 1602 | 2-bed | 1,546 sqft | AED 1.09MAED 1,093,539 · Oct 2009October 2009 | 111,804 /yr | |
| 1604 | 2-bed | 1,537 sqft | AED 1.31MAED 1,308,340 · May 2023May 2023 | 120,000 /yr | |
| 1605 | 2-bed | 1,536 sqft | AED 1.08MAED 1,079,600 · May 2010May 2010 | 105,000 /yr |
1606, Opal Marina Tower in numbers
- Sold twice: first on 29 March 2022 for AED 830,000, last on 17 August 2022 for AED 465,000 (AED 436 per sqft).
- Rented since September 2012 on 9 Ejari contracts, from AED 75,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2022 price is 14.0%, 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 17 August 2022.
Questions about 1606, Opal Marina Tower
What did unit 1606 last sell for?
AED 465,000 on 17 August 2022: AED 436 per sqft for 1,064 sqft. The unit has 2 registered sales; the first was AED 830,000 in March 2022.
What is the rent for unit 1606?
AED 65,000 a year on the contract renewed on 4 August 2020. The previous contract, from August 2019, was AED 65,000; the unit has been rented since September 2012.
How big is unit 1606?
1,064 sqft (98.8 sqm): a one-bedroom apartment on the 16th floor of a 29-storey tower completed in 2014.
What is unit 1606 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 1606, Opal Marina Tower
Starts from the last sale price (AED 465K, 17 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 465,000
- Deposit, UAE resident (20%)
- AED 93,000
- Deposit, non-resident (40%)
- AED 186,000
- Monthly over 25 years at 3.7%
- AED 1,902
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →