2-bed · 1,537 sqftOpal Marina Tower, Dubai Marina · 6th floor · completed 2014

604, Opal Marina Tower

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

Unit 604 · DLD and Ejari recordsUpdated 1 March 2022
Last soldAED 1.14M1 March 2022
Current rentAED 60K /yr10 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Opal Marina Tower

What is 604 worth today?

Last sold for AED 1,138,000 in 2022

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1 Mar 2022Sold by developerReady
AED 1,138,000AED 740 per sqft
10 Jan 2022RentedRenewal
AED 60,000/yr1 months · AED 39 per sqft
10 Jan 2021RentedNew contract
AED 60,000/yr12 months · AED 39 per sqft
11 Aug 2019RentedNew contract
AED 83,000/yr12 months · AED 54 per sqft
5 Jun 2017RentedNew contract
AED 117,000/yr12 months · AED 76 per sqft
10 Apr 2015RentedRenewal
AED 143,000/yr12 months · AED 93 per sqft
10 Apr 2014RentedNew contract
AED 130,000/yr12 months · AED 85 per sqft
22 Mar 2013RentedRenewal
AED 85,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 1 March 2022.

Key facts

Type
2-bed apartment
Size
1,537 sqft
Floor
6th of 29
Parking
B2-22
Developer
Mismak Properties - Sole Proprietorship - Dubai Branch
Completed
2014
Service charge
AED 32,300 /yr
Last sold
AED 1.14M · March 2022

About 604, Opal Marina Tower

604 is a two-bedroom apartment of 1,537 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 1 March 2022 for AED 1,138,000, or AED 740 per sqft, 12% below the AED 840 two-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 10 January 2022, is AED 60,000 a year: a gross yield of 5.3% on the 2022 price, before the service charge of about AED 32,300 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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, March 2022: AED 1,138,000 (AED 740 per sqft)

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

Rents
Unit 604, each contractTypical two-bed in Opal Marina Tower
50K100K150K2012201620202024Typical 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, March 2012: AED 85,000 a yearRenewal, March 2013: AED 85,000 a yearNew contract, April 2014: AED 130,000 a yearRenewal, April 2015: AED 143,000 a yearNew contract, June 2017: AED 117,000 a yearNew contract, August 2019: AED 83,000 a yearNew contract, January 2021: AED 60,000 a yearRenewal, January 2022: AED 60,000 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 604 sits

All 109 2-beds →

604 last sold in March 2022 at AED 740 per sqft, 12% below what two-beds in Opal Marina Tower were fetching at the time (AED 840). 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. 604's AED 60,000 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 6th floor

All 162 units in Opal Marina Tower
Value
6012-bedAED 1.42M · May 2023
6022-bedAED 1.46M · Jul 2023
6031-bedAED 850K · Feb 2023
6052-bedAED 1.24M · Feb 2023
6061-bedAED 952K · May 2023

604, Opal Marina Tower in numbers

  • Sold once: by Mismak Properties - Sole Proprietorship - Dubai Branch on 1 March 2022 for AED 1,138,000, or AED 740 per sqft.
  • Rented since March 2012 on 8 Ejari contracts, from AED 85,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 5.3%, 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 1 March 2022.

Questions about 604, Opal Marina Tower

What did unit 604 last sell for?

AED 1,138,000 on 1 March 2022, sold by the developer: AED 740 per sqft for 1,537 sqft. It is the only registered sale of the unit.

What is the rent for unit 604?

AED 60,000 a year on the contract renewed on 10 January 2022. The previous contract, from January 2021, was AED 60,000; the unit has been rented since March 2012.

How big is unit 604?

1,537 sqft (142.8 sqm): a two-bedroom apartment on the 6th floor of a 29-storey tower completed in 2014.

What is unit 604 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 604, Opal Marina Tower

Starts from the last sale price (AED 1.14M, 1 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,138,000
Deposit, UAE resident (20%)
AED 227,600
Deposit, non-resident (40%)
AED 455,200
Monthly over 25 years at 3.7%
AED 4,656

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