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

302, Opal Marina Tower

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

Unit 302 · DLD and Ejari recordsUpdated 12 May 2022
Last soldAED 1.64M12 May 2022
Current rentAED 90K /yr7 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 302, Opal Marina Tower

What is 302 worth today?

Last sold for AED 1,642,707 in 2022

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12 May 2022Sold by developerReady
AED 1,642,707AED 825 per sqft
7 Mar 2021RentedRenewal
AED 90,000/yr12 months · AED 45 per sqft
7 Mar 2020RentedRenewal
AED 95,000/yr12 months · AED 48 per sqft
7 Mar 2019RentedNew contract
AED 95,000/yr12 months · AED 48 per sqft
15 Nov 2018RentedRenewal
AED 130,000/yr3 months · AED 65 per sqft
15 May 2018RentedRenewal
AED 130,000/yr6 months · AED 65 per sqft
15 Feb 2018RentedRenewal
AED 130,000/yr3 months · AED 65 per sqft
15 Nov 2017RentedRenewal
AED 130,000/yr3 months · AED 65 per sqft

Source: Dubai Land Department. Updated 12 May 2022.

Key facts

Type
2-bed apartment
Size
1,989 sqft
Floor
3rd of 29
Parking
B2-2
Developer
Mismak Properties - Sole Proprietorship - Dubai Branch
Completed
2014
Service charge
AED 41,800 /yr
Last sold
AED 1.64M · May 2022

About 302, Opal Marina Tower

302 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 12 May 2022 for AED 1,642,707, or AED 825 per sqft, 4% below the AED 861 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 7 March 2021, is AED 90,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 41,800 a year.

Sales and rents for 302 over time

Sales
Unit 302, 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, May 2022: AED 1,642,707 (AED 825 per sqft)

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

Rents
Unit 302, 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, August 2012: AED 90,000 a yearNew contract, September 2013: AED 125,000 a yearRenewal, September 2014: AED 131,248 a yearRenewal, September 2015: AED 137,811 a yearNew contract, November 2016: AED 130,000 a yearRenewal, November 2017: AED 130,000 a yearRenewal, February 2018: AED 130,000 a yearRenewal, May 2018: AED 130,000 a yearRenewal, November 2018: AED 130,000 a yearNew contract, March 2019: AED 95,000 a yearRenewal, March 2020: AED 95,000 a yearRenewal, March 2021: AED 90,000 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 302 sits

All 109 2-beds →

302 last sold in May 2022 at AED 825 per sqft, 4% below what two-beds in Opal Marina Tower were fetching at the time (AED 861). 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. 302's AED 90,000 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
3012-bedAED 1.87M · Jul 2023
3031-bedAED 898K · May 2023
3042-bedAED 1.68M · May 2023
3052-bedAED 1.45M · Nov 2023
3061-bedAED 1M · Jun 2023

302, Opal Marina Tower in numbers

  • Sold once: by Mismak Properties - Sole Proprietorship - Dubai Branch on 12 May 2022 for AED 1,642,707, or AED 825 per sqft.
  • Rented since August 2012 on 12 Ejari contracts, at AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 5.5%, 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 12 May 2022.

Questions about 302, Opal Marina Tower

What did unit 302 last sell for?

AED 1,642,707 on 12 May 2022, sold by the developer: AED 825 per sqft for 1,989 sqft. It is the only registered sale of the unit.

What is the rent for unit 302?

AED 90,000 a year on the contract renewed on 7 March 2021. The previous contract, from March 2020, was AED 95,000; the unit has been rented since August 2012.

How big is unit 302?

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 302 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 302, Opal Marina Tower

Starts from the last sale price (AED 1.64M, 12 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,642,707
Deposit, UAE resident (20%)
AED 328,541
Deposit, non-resident (40%)
AED 657,083
Monthly over 25 years at 3.7%
AED 6,721

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