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

1-1604, Sparkle Tower A

Sold prices and rental history: sold twice, last in November 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1-1604 · DLD and Ejari recordsUpdated 7 November 2024
Last soldAED 1.8M7 November 2024
Current rentAED 120K /yr2 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1-1604, Sparkle Tower A

What is 1-1604 worth today?

Last sold for AED 1,800,000 in 2024

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7 Nov 2024SoldReady
AED 1,800,000AED 2,081 per sqft
2 Apr 2023RentedRenewal
AED 120,000/yr12 months · AED 139 per sqft
2 Apr 2022RentedNew contract
AED 105,000/yr12 months · AED 122 per sqft
1 May 2021RentedNew contract
AED 85,000/yr12 months · AED 99 per sqft
14 Jul 2019Sold by developerOff-plan
AED 1,400,000AED 1,618 per sqft

Source: Dubai Land Department. Updated 7 November 2024.

Key facts

Type
1-bed apartment
Size
865 sqft
Floor
16th of 29
Parking
B3-104
Developer
Tebyan Real Estate Development Enterprises
Completed
2019
Service charge
AED 12,600 /yr
Last sold
AED 1.8M · November 2024

About 1-1604, Sparkle Tower A

1-1604 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. It last sold on 7 November 2024 for AED 1,800,000, or AED 2,081 per sqft, 11% below the AED 2,350 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 2 April 2023, is AED 120,000 a year: a gross yield of 6.7% on the 2024 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1-1604 over time

Sales
Unit 1-1604, 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, July 2019: AED 1,400,000 (AED 1,618 per sqft)Sold, November 2024: AED 1,800,000 (AED 2,081 per sqft)

1-1604 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1-1604, 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, May 2021: AED 85,000 a yearNew contract, April 2022: AED 105,000 a yearRenewal, April 2023: AED 120,000 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 1-1604 sits

All 100 1-beds →

1-1604 last sold in November 2024 at AED 2,081 per sqft, 11% below what one-beds in Sparkle Tower A were fetching at the time (AED 2,350). 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. 1-1604's AED 120,000 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 16th floor

All 217 units in Sparkle Tower A
Value
1-16012-bedAED 2.2M · Jun 2021
1-16022-bedAED 2.3M · Jun 2021
1-16031-bedAED 1.29M · Nov 2018
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

1-1604, Sparkle Tower A in numbers

  • Sold twice: first on 14 July 2019 for AED 1,400,000, last on 7 November 2024 for AED 1,800,000 (AED 2,081 per sqft).
  • Rented since May 2021 on 3 Ejari contracts, from AED 85,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 6.7%, 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 7 November 2024.

Questions about 1-1604, Sparkle Tower A

What did unit 1-1604 last sell for?

AED 1,800,000 on 7 November 2024: AED 2,081 per sqft for 865 sqft. The unit has 2 registered sales; the first was AED 1,400,000 in July 2019.

What is the rent for unit 1-1604?

AED 120,000 a year on the contract renewed on 2 April 2023. The previous contract, from April 2022, was AED 105,000; the unit has been rented since May 2021.

How big is unit 1-1604?

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

What is unit 1-1604 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 1-1604, Sparkle Tower A

Starts from the last sale price (AED 1.8M, 7 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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