2-bed · 1,989 sqftOpal Marina Tower, Dubai Marina · 3rd floor · completed 2014

301, Opal Marina Tower

Sold prices and rental history: sold once, by the developer in July 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 4 July 2023
Last soldAED 1.87M4 July 2023
Current rentAED 80K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Opal Marina Tower

What is 301 worth today?

Last sold for AED 1,868,700 in 2023

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4 Jul 2023Sold by developerReady
AED 1,868,700AED 939 per sqft
1 Jul 2021RentedNew contract
AED 80,000/yr12 months · AED 40 per sqft
3 Mar 2019RentedNew contract
AED 100,000/yr12 months · AED 50 per sqft
3 Mar 2018RentedNew contract
AED 110,000/yr12 months · AED 55 per sqft
28 Nov 2016RentedRenewal
AED 152,250/yr12 months · AED 77 per sqft
28 Nov 2015RentedRenewal
AED 152,250/yr12 months · AED 77 per sqft
28 Nov 2014RentedNew contract
AED 145,000/yr12 months · AED 73 per sqft
15 Feb 2014RentedRenewal
AED 104,500/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 4 July 2023.

Key facts

Type
2-bed apartment
Size
1,989 sqft
Floor
3rd of 29
Parking
B2-1
Developer
Mismak Properties - Sole Proprietorship - Dubai Branch
Completed
2014
Service charge
AED 41,800 /yr
Last sold
AED 1.87M · July 2023

About 301, Opal Marina Tower

301 is a two-bedroom apartment of 1,989 sqft on the 3rd 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 4 July 2023 for AED 1,868,700, or AED 939 per sqft, 7% above the AED 876 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 1 July 2021, is AED 80,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 41,800 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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 2023: AED 1,868,700 (AED 939 per sqft)

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

Rents
Unit 301, 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, February 2012: AED 95,000 a yearNew contract, February 2013: AED 95,000 a yearRenewal, February 2014: AED 104,500 a yearNew contract, November 2014: AED 145,000 a yearRenewal, November 2015: AED 152,250 a yearRenewal, November 2016: AED 152,250 a yearNew contract, March 2018: AED 110,000 a yearNew contract, March 2019: AED 100,000 a yearNew contract, July 2021: AED 80,000 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 301 sits

All 109 2-beds →

301 last sold in July 2023 at AED 939 per sqft, 7% above what two-beds in Opal Marina Tower were fetching at the time (AED 876). 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. 301's AED 80,000 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 3rd floor

All 162 units in Opal Marina Tower
Value
3022-bedAED 1.64M · May 2022
3031-bedAED 898K · May 2023
3042-bedAED 1.68M · May 2023
3052-bedAED 1.45M · Nov 2023
3061-bedAED 1M · Jun 2023

301, Opal Marina Tower in numbers

  • Sold once: by Mismak Properties - Sole Proprietorship - Dubai Branch on 4 July 2023 for AED 1,868,700, or AED 939 per sqft.
  • Rented since February 2012 on 9 Ejari contracts, from AED 95,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 41,800 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 4 July 2023.

Questions about 301, Opal Marina Tower

What did unit 301 last sell for?

AED 1,868,700 on 4 July 2023, sold by the developer: AED 939 per sqft for 1,989 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 80,000 a year on the contract signed on 1 July 2021. The previous contract, from March 2019, was AED 100,000; the unit has been rented since February 2012.

How big is unit 301?

1,989 sqft (184.8 sqm): a two-bedroom apartment on the 3rd floor of a 29-storey tower completed in 2014.

What is unit 301 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 301, Opal Marina Tower

Starts from the last sale price (AED 1.87M, 4 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,868,700
Deposit, UAE resident (20%)
AED 373,740
Deposit, non-resident (40%)
AED 747,480
Monthly over 25 years at 3.7%
AED 7,645

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