1-bed · 1,064 sqftOpal Marina Tower, Dubai Marina · 23rd floor · completed 2014

2303, Opal Marina Tower

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

Unit 2303 · DLD and Ejari recordsUpdated 16 September 2024
Last soldAED 1.19M16 September 2024
Current rentAED 60K /yr25 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2303, Opal Marina Tower

What is 2303 worth today?

Last sold for AED 1,190,000 in 2024

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16 Sep 2024SoldReady
AED 1,190,000AED 1,118 per sqft
2 May 2023Sold by developerReady
AED 1,003,400AED 942 per sqft
25 Mar 2022RentedNew contract
AED 60,000/yr12 months · AED 56 per sqft
27 Feb 2021RentedRenewal
AED 55,000/yr12 months · AED 52 per sqft
27 Feb 2020RentedRenewal
AED 65,000/yr12 months · AED 61 per sqft
27 Feb 2019RentedRenewal
AED 75,000/yr12 months · AED 70 per sqft
27 Feb 2018RentedNew contract
AED 75,000/yr12 months · AED 70 per sqft
28 Jul 2017RentedRenewal
AED 90,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 16 September 2024.

Key facts

Type
1-bed apartment
Size
1,064 sqft
Floor
23rd of 29
Parking
B3-46
Developer
Mismak Properties - Sole Proprietorship - Dubai Branch
Completed
2014
Service charge
AED 22,400 /yr
Last sold
AED 1.19M · September 2024

About 2303, Opal Marina Tower

2303 is a one-bedroom apartment of 1,064 sqft on the 23rd 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 16 September 2024 for AED 1,190,000, or AED 1,118 per sqft, 6% below the AED 1,193 one-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 25 March 2022, is AED 60,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 22,400 a year.

Sales and rents for 2303 over time

Sales
Unit 2303, 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, May 2023: AED 1,003,400 (AED 942 per sqft)Sold, September 2024: AED 1,190,000 (AED 1,118 per sqft)

2303 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2303, 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, April 2012: AED 70,000 a yearRenewal, April 2013: AED 75,250 a yearNew contract, May 2014: AED 95,000 a yearNew contract, July 2015: AED 90,000 a yearRenewal, July 2016: AED 90,000 a yearRenewal, July 2017: AED 90,000 a yearNew contract, February 2018: AED 75,000 a yearRenewal, February 2019: AED 75,000 a yearRenewal, February 2020: AED 65,000 a yearRenewal, February 2021: AED 55,000 a yearNew contract, March 2022: AED 60,000 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 2303 sits

All 51 1-beds →

2303 last sold in September 2024 at AED 1,118 per sqft, 6% below what one-beds in Opal Marina Tower were fetching at the time (AED 1,193). 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. 2303's AED 60,000 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 23rd floor

All 162 units in Opal Marina Tower
Value
23012-bedAED 1.55M · May 2023
23022-bedAED 800K · Mar 2023
23042-bedAED 1.35M · May 2023
23052-bedAED 2.3M · Nov 2014
23061-bedAED 1.39M · Jun 2024

2303, Opal Marina Tower in numbers

  • Sold twice: first on 2 May 2023 for AED 1,003,400, last on 16 September 2024 for AED 1,190,000 (AED 1,118 per sqft).
  • Rented since April 2012 on 11 Ejari contracts, from AED 70,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 5.0%, 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 16 September 2024.

Questions about 2303, Opal Marina Tower

What did unit 2303 last sell for?

AED 1,190,000 on 16 September 2024: AED 1,118 per sqft for 1,064 sqft. The unit has 2 registered sales; the first was AED 1,003,400 in May 2023.

What is the rent for unit 2303?

AED 60,000 a year on the contract signed on 25 March 2022. The previous contract, from February 2021, was AED 55,000; the unit has been rented since April 2012.

How big is unit 2303?

1,064 sqft (98.8 sqm): a one-bedroom apartment on the 23rd floor of a 29-storey tower completed in 2014.

What is unit 2303 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 2303, Opal Marina Tower

Starts from the last sale price (AED 1.19M, 16 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,190,000
Deposit, UAE resident (20%)
AED 238,000
Deposit, non-resident (40%)
AED 476,000
Monthly over 25 years at 3.7%
AED 4,869

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