2-bed · 1,477 sqftSparkle Tower A, Dubai Marina · 16th floor · completed 2019

1-1602, Sparkle Tower A

Sold prices and rental history: sold once, by the developer in June 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1-1602 · DLD and Ejari recordsUpdated 1 July 2025
Last soldAED 2.3M16 June 2021
Current rentAED 170K /yr1 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1-1602, Sparkle Tower A

What is 1-1602 worth today?

Last sold for AED 2,300,000 in 2021

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1 Jul 2025RentedNew contract
AED 170,000/yr12 months · AED 115 per sqft
1 Jul 2025RentedNew contract
AED 170,000/yr12 months · AED 115 per sqft
1 Dec 2023RentedNew contract
AED 190,000/yr12 months · AED 129 per sqft
14 Nov 2022RentedNew contract
AED 205,000/yr12 months · AED 139 per sqft
16 Jun 2021Sold by developerReady
AED 2,300,000AED 1,556 per sqft

Source: Dubai Land Department. Updated 1 July 2025.

Key facts

Type
2-bed apartment
Size
1,477 sqft
Floor
16th of 29
Parking
B3-103
Developer
Tebyan Real Estate Development Enterprises
Completed
2019
Service charge
AED 21,500 /yr
Last sold
AED 2.3M · June 2021

About 1-1602, Sparkle Tower A

1-1602 is a two-bedroom apartment of 1,477 sqft on the 16th floor of Sparkle Tower A, a 29-storey tower in Dubai Marina completed in 2019 by Tebyan Real Estate Development Enterprises. The developer sold it on 16 June 2021 for AED 2,300,000, or AED 1,556 per sqft, 15% above the AED 1,352 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 July 2025, is AED 170,000 a year: a gross yield of 7.4% on the 2021 price, before the service charge of about AED 21,500 a year.

Sales and rents for 1-1602 over time

Sales
Unit 1-1602, each saleTypical two-bed in Sparkle Tower A
2M2.5M3M2015201820212024Typical sale price by year: 2015 AED 2,933,950; 2016 AED 2,263,641; 2017 AED 2,441,404; 2019 AED 2,156,575; 2020 AED 2,175,000; 2021 AED 2,040,650; 2022 AED 2,190,000; 2023 AED 3,050,000; 2024 AED 2,975,000; 2025 AED 2,800,000Sold by developer, June 2021: AED 2,300,000 (AED 1,556 per sqft)

1-1602 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1-1602, each contractTypical two-bed in Sparkle Tower A
100K150K200K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 175,000; 2023 AED 180,000; 2024 AED 180,000; 2025 AED 170,000; 2026 AED 160,000New contract, November 2022: AED 205,000 a yearNew contract, December 2023: AED 190,000 a yearNew contract, July 2025: AED 170,000 a yearNew contract, July 2025: AED 170,000 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 Sparkle Tower A, and where 1-1602 sits

All 84 2-beds →

1-1602 last sold in June 2021 at AED 1,556 per sqft, 15% above what two-beds in Sparkle Tower A were fetching at the time (AED 1,352). Over the last 12 months two-beds sold for AED 2,850,000 to 3,850,000, around AED 2,167 per sqft, and rent for AED 110,000 to 220,000 a year. 1-1602's AED 170,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Sep 20262,850,000
4 Feb 20263,300,000
23 Dec 20253,850,000
15 Dec 20253,150,000
4 2-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 16th floor

All 217 units in Sparkle Tower A
Value
1-16012-bedAED 2.2M · Jun 2021
1-16031-bedAED 1.29M · Nov 2018
1-16041-bedAED 1.8M · Nov 2024
1-16052-bedAED 1.98M · Jun 2021
1-16062-bedAED 2M · Jul 2021
1-16071-bedAED 2.4M · Feb 2024
1-16081-bedAED 2.4M · Feb 2024

1-1602, Sparkle Tower A in numbers

  • Sold once: by Tebyan Real Estate Development Enterprises on 16 June 2021 for AED 2,300,000, or AED 1,556 per sqft.
  • Rented since November 2022 on 4 Ejari contracts, from AED 205,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2021 price is 7.4%, before a service charge of about AED 21,500 a year (AED 14.54 per sqft).
  • Two-beds in Sparkle Tower A sold for AED 2,850,000–3,850,000 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 1 July 2025.

Questions about 1-1602, Sparkle Tower A

What did unit 1-1602 last sell for?

AED 2,300,000 on 16 June 2021, sold by the developer: AED 1,556 per sqft for 1,477 sqft. It is the only registered sale of the unit.

What is the rent for unit 1-1602?

AED 170,000 a year on the contract signed on 1 July 2025. The previous contract, from July 2025, was AED 170,000; the unit has been rented since November 2022.

How big is unit 1-1602?

1,477 sqft (137.2 sqm): a two-bedroom apartment on the 16th floor of a 29-storey tower completed in 2019.

What is unit 1-1602 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sparkle Tower A sold for AED 2,850,000 to 3,850,000 in the last 12 months, around AED 2,167 per sqft.

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Mortgage on 1-1602, Sparkle Tower A

Starts from the last sale price (AED 2.3M, 16 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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