2-bed · 1,475 sqftSparkle Tower A, Dubai Marina · 20th floor · completed 2019

1-2001, Sparkle Tower A

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1-2001 · DLD and Ejari recordsUpdated 3 October 2024
Last soldAED 3.05M3 October 2024
Current rentAED 115K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1-2001, Sparkle Tower A

What is 1-2001 worth today?

Last sold for AED 3,050,000 in 2024

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3 Oct 2024SoldReady
AED 3,050,000AED 2,067 per sqft
1 Dec 2022RentedRenewal
AED 115,000/yr12 months · AED 78 per sqft
1 Dec 2021RentedRenewal
AED 115,000/yr12 months · AED 78 per sqft
1 Dec 2020RentedNew contract
AED 115,000/yr12 months · AED 78 per sqft
1 Nov 2019RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft
1 Jun 2015Sold by developerOff-plan
AED 3,210,725AED 2,176 per sqft

Source: Dubai Land Department. Updated 3 October 2024.

Key facts

Type
2-bed apartment
Size
1,475 sqft
Floor
20th of 29
Parking
B1-51
Developer
Tebyan Real Estate Development Enterprises
Completed
2019
Service charge
AED 21,400 /yr
Last sold
AED 3.05M · October 2024

About 1-2001, Sparkle Tower A

1-2001 is a two-bedroom apartment of 1,475 sqft on the 20th 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 October 2024 for AED 3,050,000, or AED 2,067 per sqft, in line with the AED 2,069 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 115,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 21,400 a year.

Sales and rents for 1-2001 over time

Sales
Unit 1-2001, each saleTypical two-bed in Sparkle Tower A
2M3M2015201820212024Typical 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 2015: AED 3,210,725 (AED 2,176 per sqft)Sold, October 2024: AED 3,050,000 (AED 2,067 per sqft)

1-2001 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1-2001, each contractTypical two-bed in Sparkle Tower A
150K20192021202320252027Typical 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 2019: AED 120,000 a yearNew contract, December 2020: AED 115,000 a yearRenewal, December 2021: AED 115,000 a yearRenewal, December 2022: AED 115,000 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 1-2001 sits

All 84 2-beds →

1-2001 last sold in October 2024 at AED 2,067 per sqft, in line with what two-beds in Sparkle Tower A were fetching at the time (AED 2,069). 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. 1-2001's AED 115,000 is in the lower 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 20th floor

All 217 units in Sparkle Tower A
Value
1-20022-bedAED 2.25M · Nov 2021
1-20031-bedAED 1.9M · Jul 2023
1-20041-bedAED 1.67M · Mar 2018
1-20052-bedAED 2.11M · Jul 2021
1-20062-bedAED 2.52M · Sep 2015
1-20071-bedAED 1.53M · Oct 2019
1-20081-bedAED 1.79M · May 2023

1-2001, Sparkle Tower A in numbers

  • Sold twice: first on 1 June 2015 for AED 3,210,725, last on 3 October 2024 for AED 3,050,000 (AED 2,067 per sqft).
  • Rented since November 2019 on 4 Ejari contracts, from AED 120,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 21,400 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 3 October 2024.

Questions about 1-2001, Sparkle Tower A

What did unit 1-2001 last sell for?

AED 3,050,000 on 3 October 2024: AED 2,067 per sqft for 1,475 sqft. The unit has 2 registered sales; the first was AED 3,210,725 in June 2015.

What is the rent for unit 1-2001?

AED 115,000 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 115,000; the unit has been rented since November 2019.

How big is unit 1-2001?

1,475 sqft (137.0 sqm): a two-bedroom apartment on the 20th floor of a 29-storey tower completed in 2019.

What is unit 1-2001 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 1-2001, Sparkle Tower A

Starts from the last sale price (AED 3.05M, 3 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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