2-bed · 1,536 sqftOpal Marina Tower, Dubai Marina · 5th floor · completed 2014

505, Opal Marina Tower

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

Unit 505 · DLD and Ejari recordsUpdated 8 December 2022
Last soldAED 1.24M8 December 2022
Current rentAED 76K /yr30 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Opal Marina Tower

What is 505 worth today?

Last sold for AED 1,236,100 in 2022

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8 Dec 2022Sold by developerReady
AED 1,236,100AED 804 per sqft
30 May 2022RentedRenewal
AED 75,600/yr12 months · AED 49 per sqft
30 May 2021RentedNew contract
AED 63,000/yr12 months · AED 41 per sqft
4 Aug 2020RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft
4 Aug 2019RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
17 Aug 2018RentedRenewal
AED 110,000/yr3 months · AED 72 per sqft
17 Aug 2017RentedNew contract
AED 110,000/yr12 months · AED 72 per sqft
18 Nov 2016RentedRenewal
AED 136,500/yr3 months · AED 89 per sqft

Source: Dubai Land Department. Updated 8 December 2022.

Key facts

Type
2-bed apartment
Size
1,536 sqft
Floor
5th of 29
Parking
B2-17
Developer
Mismak Properties - Sole Proprietorship - Dubai Branch
Completed
2014
Service charge
AED 32,300 /yr
Last sold
AED 1.24M · December 2022

About 505, Opal Marina Tower

505 is a two-bedroom apartment of 1,536 sqft on the 5th 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 8 December 2022 for AED 1,236,100, or AED 804 per sqft, 8% below the AED 874 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 30 May 2022, is AED 75,600 a year: a gross yield of 6.1% on the 2022 price, before the service charge of about AED 32,300 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, December 2022: AED 1,236,100 (AED 804 per sqft)

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

Rents
Unit 505, each contractTypical two-bed in Opal Marina Tower
50K100K2012201620202024Typical 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, August 2013: AED 115,000 a yearRenewal, August 2014: AED 126,500 a yearNew contract, November 2015: AED 130,000 a yearRenewal, November 2016: AED 136,500 a yearNew contract, August 2017: AED 110,000 a yearRenewal, August 2018: AED 110,000 a yearNew contract, August 2019: AED 85,000 a yearRenewal, August 2020: AED 85,000 a yearNew contract, May 2021: AED 63,000 a yearRenewal, May 2022: AED 75,600 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 505 sits

All 109 2-beds →

505 last sold in December 2022 at AED 804 per sqft, 8% below what two-beds in Opal Marina Tower were fetching at the time (AED 874). 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. 505's AED 75,600 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 5th floor

All 162 units in Opal Marina Tower
Value
5012-bedAED 2M · Jul 2025
5022-bedAED 2.4M · Feb 2025
5031-bedAED 1.5M · Dec 2025
5042-bedAED 1.26M · May 2023
5061-bedAED 1.7M · Jun 2025

505, Opal Marina Tower in numbers

  • Sold once: by Mismak Properties - Sole Proprietorship - Dubai Branch on 8 December 2022 for AED 1,236,100, or AED 804 per sqft.
  • Rented since August 2012 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 63,000 in 2021 and recovered to AED 75,600 by May 2022.
  • At AED 75,600 a year the gross yield on the 2022 price is 6.1%, 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 8 December 2022.

Questions about 505, Opal Marina Tower

What did unit 505 last sell for?

AED 1,236,100 on 8 December 2022, sold by the developer: AED 804 per sqft for 1,536 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 75,600 a year on the contract renewed on 30 May 2022. The previous contract, from May 2021, was AED 63,000; the unit has been rented since August 2012.

How big is unit 505?

1,536 sqft (142.7 sqm): a two-bedroom apartment on the 5th floor of a 29-storey tower completed in 2014.

What is unit 505 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 505, Opal Marina Tower

Starts from the last sale price (AED 1.24M, 8 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,236,100
Deposit, UAE resident (20%)
AED 247,220
Deposit, non-resident (40%)
AED 494,440
Monthly over 25 years at 3.7%
AED 5,057

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