2-bed · 1,537 sqftOpal Marina Tower, Dubai Marina · 27th floor · completed 2014

2704, Opal Marina Tower

Sold prices and rental history: sold once, by the developer in July 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2704 · DLD and Ejari recordsUpdated 6 July 2022
Last soldAED 1.24M6 July 2022
Current rentAED 65K /yr24 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2704, Opal Marina Tower

What is 2704 worth today?

Last sold for AED 1,241,600 in 2022

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6 Jul 2022Sold by developerReady
AED 1,241,600AED 807 per sqft
24 Feb 2021RentedNew contract
AED 65,000/yr12 months · AED 42 per sqft
12 Sep 2020RentedRenewal
AED 100,008/yr1 months · AED 65 per sqft
12 Aug 2020RentedRenewal
AED 100,008/yr1 months · AED 65 per sqft
12 May 2020RentedRenewal
AED 100,000/yr3 months · AED 65 per sqft
12 Nov 2019RentedRenewal
AED 100,000/yr6 months · AED 65 per sqft
12 Nov 2018RentedNew contract
AED 95,000/yr12 months · AED 62 per sqft
12 Oct 2018RentedRenewal
AED 131,256/yr1 months · AED 85 per sqft

Source: Dubai Land Department. Updated 6 July 2022.

Key facts

Type
2-bed apartment
Size
1,537 sqft
Floor
27th of 29
Parking
B3-71
Developer
Mismak Properties - Sole Proprietorship - Dubai Branch
Completed
2014
Service charge
AED 32,300 /yr
Last sold
AED 1.24M · July 2022

About 2704, Opal Marina Tower

2704 is a two-bedroom apartment of 1,537 sqft on the 27th 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 6 July 2022 for AED 1,241,600, or AED 807 per sqft, 7% below the AED 864 two-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 24 February 2021, is AED 65,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 32,300 a year.

Sales and rents for 2704 over time

Sales
Unit 2704, 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, July 2022: AED 1,241,600 (AED 807 per sqft)

2704 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2704, each contractTypical two-bed in Opal Marina Tower
100K2012201620202024Typical 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, July 2012: AED 95,000 a yearRenewal, July 2013: AED 100,000 a yearRenewal, July 2014: AED 115,000 a yearRenewal, July 2015: AED 126,500 a yearNew contract, October 2016: AED 125,000 a yearRenewal, October 2017: AED 125,000 a yearRenewal, October 2018: AED 131,256 a yearNew contract, November 2018: AED 95,000 a yearRenewal, November 2019: AED 100,000 a yearRenewal, May 2020: AED 100,000 a yearRenewal, August 2020: AED 100,008 a yearRenewal, September 2020: AED 100,008 a yearNew contract, February 2021: AED 65,000 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 2704 sits

All 109 2-beds →

2704 last sold in July 2022 at AED 807 per sqft, 7% below what two-beds in Opal Marina Tower were fetching at the time (AED 864). 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. 2704's AED 65,000 is at the bottom 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 27th floor

All 162 units in Opal Marina Tower
Value
27012-bedAED 1.55M · Jul 2021
27022-bedAED 1.41M · Mar 2022
27031-bedAED 953K · May 2023
27052-bedAED 1.4M · May 2023
27061-bedAED 1.29M · Jun 2026

2704, Opal Marina Tower in numbers

  • Sold once: by Mismak Properties - Sole Proprietorship - Dubai Branch on 6 July 2022 for AED 1,241,600, or AED 807 per sqft.
  • Rented since July 2012 on 13 Ejari contracts, from AED 95,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 5.2%, before a service charge of about AED 32,300 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 6 July 2022.

Questions about 2704, Opal Marina Tower

What did unit 2704 last sell for?

AED 1,241,600 on 6 July 2022, sold by the developer: AED 807 per sqft for 1,537 sqft. It is the only registered sale of the unit.

What is the rent for unit 2704?

AED 65,000 a year on the contract signed on 24 February 2021. The previous contract, from September 2020, was AED 100,008; the unit has been rented since July 2012.

How big is unit 2704?

1,537 sqft (142.8 sqm): a two-bedroom apartment on the 27th floor of a 29-storey tower completed in 2014.

What is unit 2704 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 2704, Opal Marina Tower

Starts from the last sale price (AED 1.24M, 6 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,241,600
Deposit, UAE resident (20%)
AED 248,320
Deposit, non-resident (40%)
AED 496,640
Monthly over 25 years at 3.7%
AED 5,080

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