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

2306, Opal Marina Tower

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

Unit 2306 · DLD and Ejari recordsUpdated 4 June 2024
Last soldAED 1.39M4 June 2024
Current rentAED 61K /yr22 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2306, Opal Marina Tower

What is 2306 worth today?

Last sold for AED 1,390,000 in 2024

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4 Jun 2024SoldReady
AED 1,390,000AED 1,306 per sqft
22 Feb 2023RentedRenewal
AED 60,720/yr12 months · AED 58 per sqft
27 Oct 2022Sold by developerReady
AED 927,668AED 871 per sqft
27 Oct 2022RentedNew contract
AED 55,786/yr4 months · AED 53 per sqft
22 Feb 2022RentedRenewal
AED 55,200/yr12 months · AED 52 per sqft
22 Feb 2021RentedNew contract
AED 48,000/yr12 months · AED 45 per sqft
4 Feb 2020RentedNew contract
AED 65,000/yr12 months · AED 61 per sqft
16 Jun 2019RentedRenewal
AED 70,000/yr6 months · AED 66 per sqft

Source: Dubai Land Department. Updated 4 June 2024.

Key facts

Type
1-bed apartment
Size
1,064 sqft
Floor
23rd of 29
Parking
B3-49
Developer
Mismak Properties - Sole Proprietorship - Dubai Branch
Completed
2014
Service charge
AED 22,400 /yr
Last sold
AED 1.39M · June 2024

About 2306, Opal Marina Tower

2306 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 4 June 2024 for AED 1,390,000, or AED 1,306 per sqft, 35% above the AED 964 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 22 February 2023, is AED 60,720 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 22,400 a year.

Sales and rents for 2306 over time

Sales
Unit 2306, 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 2022: AED 927,668 (AED 871 per sqft)Sold, June 2024: AED 1,390,000 (AED 1,306 per sqft)

2306 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2306, each contractTypical one-bed in Opal Marina Tower
50K75K100K2012201620202024Typical 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, October 2012: AED 70,000 a yearNew contract, April 2013: AED 72,000 a yearRenewal, April 2014: AED 77,000 a yearRenewal, April 2015: AED 84,700 a yearNew contract, May 2016: AED 95,000 a yearRenewal, May 2017: AED 95,000 a yearNew contract, June 2018: AED 75,000 a yearRenewal, June 2019: AED 70,000 a yearNew contract, February 2020: AED 65,000 a yearNew contract, February 2021: AED 48,000 a yearRenewal, February 2022: AED 55,200 a yearNew contract, October 2022: AED 55,786 a yearRenewal, February 2023: AED 60,720 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 2306 sits

All 51 1-beds →

2306 last sold in June 2024 at AED 1,306 per sqft, 35% above what one-beds in Opal Marina Tower were fetching at the time (AED 964). 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. 2306's AED 60,720 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
23031-bedAED 1.19M · Sep 2024
23042-bedAED 1.35M · May 2023
23052-bedAED 2.3M · Nov 2014

2306, Opal Marina Tower in numbers

  • Sold twice: first on 27 October 2022 for AED 927,668, last on 4 June 2024 for AED 1,390,000 (AED 1,306 per sqft).
  • Rented since October 2012 on 13 Ejari contracts. The rent fell from AED 70,000 to AED 48,000 in 2021 and recovered to AED 60,720 by February 2023.
  • At AED 60,720 a year the gross yield on the 2024 price is 4.4%, 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 4 June 2024.

Questions about 2306, Opal Marina Tower

What did unit 2306 last sell for?

AED 1,390,000 on 4 June 2024: AED 1,306 per sqft for 1,064 sqft. The unit has 2 registered sales; the first was AED 927,668 in October 2022.

What is the rent for unit 2306?

AED 60,720 a year on the contract renewed on 22 February 2023. The previous contract, from October 2022, was AED 55,786; the unit has been rented since October 2012.

How big is unit 2306?

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 2306 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 2306, Opal Marina Tower

Starts from the last sale price (AED 1.39M, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,390,000
Deposit, UAE resident (20%)
AED 278,000
Deposit, non-resident (40%)
AED 556,000
Monthly over 25 years at 3.7%
AED 5,687

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