1-bed · 865 sqftSparkle Tower A, Dubai Marina · 14th floor · completed 2019

1-1407, Sparkle Tower A

Sold prices and rental history: sold twice, last in March 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1-1407 · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 1.5M3 March 2021
Current rentAED 119K /yr9 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1-1407, Sparkle Tower A

What is 1-1407 worth today?

Last sold for AED 1,500,000 in 2021

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9 Oct 2024RentedNew contract
AED 119,337/yr6 months · AED 138 per sqft
9 Oct 2024RentedNew contract
AED 119,337/yr6 months · AED 138 per sqft
3 Mar 2021SoldReady
AED 1,500,000AED 1,734 per sqft
19 Nov 2019RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
25 Apr 2019Sold by developerOff-plan
AED 1,350,000AED 1,589 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
1-bed apartment
Size
865 sqft
Floor
14th of 29
Parking
B3-101
Developer
Tebyan Real Estate Development Enterprises
Completed
2019
Service charge
AED 12,600 /yr
Last sold
AED 1.5M · March 2021

About 1-1407, Sparkle Tower A

1-1407 is a one-bedroom apartment of 865 sqft on the 14th floor of Sparkle Tower A, a 29-storey tower in Dubai Marina completed in 2019 by Tebyan Real Estate Development Enterprises. It last sold on 3 March 2021 for AED 1,500,000, or AED 1,734 per sqft, 7% above the AED 1,625 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 9 October 2024, is AED 119,337 a year: a gross yield of 8.0% on the 2021 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1-1407 over time

Sales
Unit 1-1407, each saleTypical one-bed in Sparkle Tower A
1.5M2M20152018202120242027Typical sale price by year: 2015 AED 1,830,983; 2016 AED 1,652,048; 2017 AED 1,638,744; 2018 AED 1,254,157; 2019 AED 1,300,000; 2020 AED 1,395,820; 2021 AED 1,350,000; 2022 AED 1,500,000; 2023 AED 1,830,000; 2024 AED 2,000,000; 2025 AED 2,000,000; 2026 AED 2,075,000Sold by developer, April 2019: AED 1,350,000 (AED 1,589 per sqft)Sold, March 2021: AED 1,500,000 (AED 1,734 per sqft)

1-1407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1-1407, each contractTypical one-bed in Sparkle Tower A
80K100K120K20192021202320252027Typical rent by year: 2019 AED 85,000; 2020 AED 78,000; 2021 AED 80,000; 2022 AED 88,000; 2023 AED 108,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 107,500New contract, November 2019: AED 95,000 a yearNew contract, October 2024: AED 119,337 a yearNew contract, October 2024: AED 119,337 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 Sparkle Tower A, and where 1-1407 sits

All 100 1-beds →

1-1407 last sold in March 2021 at AED 1,734 per sqft, 7% above what one-beds in Sparkle Tower A were fetching at the time (AED 1,625). Over the last 12 months one-beds sold for AED 1,850,000 to 2,450,000, around AED 2,385 per sqft, and rent for AED 62,000 to 140,000 a year. 1-1407's AED 119,337 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Sep 20262,450,000
10 Aug 20262,300,000
21 Apr 20262,075,000
26 Feb 20262,050,000
6 1-bed sales in the last 12 months

Sparkle Tower A

Building

217 apartments, studios to 4-bed over 29 floors in Dubai Marina, completed in 2019 by Tebyan Real Estate Development Enterprises. 11 sold in the last 12 months.

Typical price per sqft
AED 2,312 Up 10.9%
Typical sale
AED 2.45M
Typical rent
AED 125K /yr
Typical yield
5.1%
Sparkle Tower A, Dubai Marina: prices, sales and rents →

Other units on the 14th floor

All 217 units in Sparkle Tower A
Value
1-14012-bedAED 2.2M · May 2021
1-14022-bedAED 2.2M · May 2021
1-14031-bedAED 1.25M · Jun 2019
1-14041-bedAED 1.43M · May 2019
1-14052-bedAED 2M · Mar 2021
1-14062-bedAED 2.04M · Jul 2021
1-14081-bedAED 1.27M · Apr 2019

1-1407, Sparkle Tower A in numbers

  • Sold twice: first on 25 April 2019 for AED 1,350,000, last on 3 March 2021 for AED 1,500,000 (AED 1,734 per sqft).
  • Rented since November 2019 on 3 Ejari contracts, from AED 95,000 to AED 119,337 a year.
  • At AED 119,337 a year the gross yield on the 2021 price is 8.0%, before a service charge of about AED 12,600 a year (AED 14.54 per sqft).
  • One-beds in Sparkle Tower A sold for AED 1,850,000–2,450,000 in the 12 months to November 2026; the building's median across all types is AED 2,312 per sqft.

Source: Dubai Land Department. Updated 9 October 2024.

Questions about 1-1407, Sparkle Tower A

What did unit 1-1407 last sell for?

AED 1,500,000 on 3 March 2021: AED 1,734 per sqft for 865 sqft. The unit has 2 registered sales; the first was AED 1,350,000 in April 2019.

What is the rent for unit 1-1407?

AED 119,337 a year on the contract signed on 9 October 2024. The previous contract, from October 2024, was AED 119,337; the unit has been rented since November 2019.

How big is unit 1-1407?

865 sqft (80.4 sqm): a one-bedroom apartment on the 14th floor of a 29-storey tower completed in 2019.

What is unit 1-1407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sparkle Tower A sold for AED 1,850,000 to 2,450,000 in the last 12 months, around AED 2,385 per sqft.

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Mortgage on 1-1407, Sparkle Tower A

Starts from the last sale price (AED 1.5M, 3 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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