1-bed · 865 sqftSparkle Tower A, Dubai Marina · 16th floor · completed 2019

1-1603, Sparkle Tower A

Sold prices and rental history: sold once, by the developer in November 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1-1603 · DLD and Ejari recordsUpdated 29 November 2018
Last soldAED 1.29M29 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1-1603, Sparkle Tower A

What is 1-1603 worth today?

Last sold for AED 1,290,816 in 2018

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29 Nov 2018Sold by developerOff-plan
AED 1,290,816AED 1,519 per sqft

Source: Dubai Land Department. Updated 29 November 2018.

Key facts

Type
1-bed apartment
Size
865 sqft
Floor
16th of 29
Parking
B2-103
Developer
Tebyan Real Estate Development Enterprises
Completed
2019
Service charge
AED 12,600 /yr
Last sold
AED 1.29M · November 2018

About 1-1603, Sparkle Tower A

1-1603 is a one-bedroom apartment of 865 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 29 November 2018 for AED 1,290,816, or AED 1,519 per sqft, 4% above the AED 1,458 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1-1603 over time

Sales
Unit 1-1603, 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, November 2018: AED 1,290,816 (AED 1,519 per sqft)

1-1603 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1-1603, 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 107,500

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 1-1603 sits

All 100 1-beds →

1-1603 last sold in November 2018 at AED 1,519 per sqft, 4% above what one-beds in Sparkle Tower A were fetching at the time (AED 1,458). 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.

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 16th floor

All 217 units in Sparkle Tower A
Value
1-16012-bedAED 2.2M · Jun 2021
1-16022-bedAED 2.3M · Jun 2021
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

1-1603, Sparkle Tower A in numbers

  • Sold once: by Tebyan Real Estate Development Enterprises on 29 November 2018 for AED 1,290,816, or AED 1,519 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 29 November 2018.

Questions about 1-1603, Sparkle Tower A

What did unit 1-1603 last sell for?

AED 1,290,816 on 29 November 2018, sold by the developer: AED 1,519 per sqft for 865 sqft. It is the only registered sale of the unit.

How big is unit 1-1603?

865 sqft (80.4 sqm): a one-bedroom apartment on the 16th floor of a 29-storey tower completed in 2019.

What is unit 1-1603 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 1-1603, Sparkle Tower A

Starts from the last sale price (AED 1.29M, 29 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,290,816
Deposit, UAE resident (20%)
AED 258,163
Deposit, non-resident (40%)
AED 516,326
Monthly over 25 years at 3.7%
AED 5,281

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