1-bed · 1,064 sqftOpal Marina Tower, Dubai Marina · 6th floor · completed 2014

603, Opal Marina Tower

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

Unit 603 · DLD and Ejari recordsUpdated 8 February 2023
Last soldAED 850K8 February 2023
Current rentAED 58K /yr5 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Opal Marina Tower

What is 603 worth today?

Last sold for AED 849,526 in 2023

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8 Feb 2023Sold by developerReady
AED 849,526AED 798 per sqft
5 Jan 2022RentedRenewal
AED 57,500/yr12 months · AED 54 per sqft
5 Jan 2021RentedRenewal
AED 50,000/yr12 months · AED 47 per sqft
5 Jan 2020RentedNew contract
AED 60,000/yr12 months · AED 56 per sqft
6 Apr 2017RentedNew contract
AED 96,000/yr11 months · AED 90 per sqft
10 Dec 2015RentedNew contract
AED 90,000/yr12 months · AED 85 per sqft
1 Dec 2014RentedRenewal
AED 75,900/yr12 months · AED 71 per sqft
1 Dec 2013RentedRenewal
AED 66,000/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 8 February 2023.

Key facts

Type
1-bed apartment
Size
1,064 sqft
Floor
6th of 29
Parking
B2-21
Developer
Mismak Properties - Sole Proprietorship - Dubai Branch
Completed
2014
Service charge
AED 22,400 /yr
Last sold
AED 850K · February 2023

About 603, Opal Marina Tower

603 is a one-bedroom apartment of 1,064 sqft on the 6th 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 February 2023 for AED 849,526, or AED 798 per sqft, 8% below the AED 864 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 5 January 2022, is AED 57,500 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 22,400 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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, February 2023: AED 849,526 (AED 798 per sqft)

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

Rents
Unit 603, 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, December 2012: AED 60,000 a yearRenewal, December 2013: AED 66,000 a yearRenewal, December 2014: AED 75,900 a yearNew contract, December 2015: AED 90,000 a yearNew contract, April 2017: AED 96,000 a yearNew contract, January 2020: AED 60,000 a yearRenewal, January 2021: AED 50,000 a yearRenewal, January 2022: AED 57,500 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 603 sits

All 51 1-beds →

603 last sold in February 2023 at AED 798 per sqft, 8% below what one-beds in Opal Marina Tower were fetching at the time (AED 864). 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. 603's AED 57,500 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 6th floor

All 162 units in Opal Marina Tower
Value
6012-bedAED 1.42M · May 2023
6022-bedAED 1.46M · Jul 2023
6042-bedAED 1.14M · Mar 2022
6052-bedAED 1.24M · Feb 2023
6061-bedAED 952K · May 2023

603, Opal Marina Tower in numbers

  • Sold once: by Mismak Properties - Sole Proprietorship - Dubai Branch on 8 February 2023 for AED 849,526, or AED 798 per sqft.
  • Rented since December 2012 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 50,000 in 2021 and recovered to AED 57,500 by January 2022.
  • At AED 57,500 a year the gross yield on the 2023 price is 6.8%, 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 8 February 2023.

Questions about 603, Opal Marina Tower

What did unit 603 last sell for?

AED 849,526 on 8 February 2023, sold by the developer: AED 798 per sqft for 1,064 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 57,500 a year on the contract renewed on 5 January 2022. The previous contract, from January 2021, was AED 50,000; the unit has been rented since December 2012.

How big is unit 603?

1,064 sqft (98.8 sqm): a one-bedroom apartment on the 6th floor of a 29-storey tower completed in 2014.

What is unit 603 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 603, Opal Marina Tower

Starts from the last sale price (AED 850K, 8 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 849,526
Deposit, UAE resident (20%)
AED 169,905
Deposit, non-resident (40%)
AED 339,810
Monthly over 25 years at 3.7%
AED 3,476

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