2-bed · 1,008 sqftSparkle Tower A, Dubai Marina · 29th floor · completed 2019

1-2905, Sparkle Tower A

Sold prices and rental history: sold once, by the developer in March 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1-2905 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 3.25M25 March 2024
Current rentAED 160K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1-2905, Sparkle Tower A

What is 1-2905 worth today?

Last sold for AED 3,250,000 in 2024

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1 Jul 2024RentedNew contract
AED 160,000/yr12 months · AED 159 per sqft
1 Jul 2024RentedNew contract
AED 160,000/yr12 months · AED 159 per sqft
25 Mar 2024Sold by developerReady
AED 3,250,000AED 3,222 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,008 sqft
Floor
29th of 29
Parking
B1-90
Developer
Tebyan Real Estate Development Enterprises
Completed
2019
Service charge
AED 14,700 /yr
Last sold
AED 3.25M · March 2024

About 1-2905, Sparkle Tower A

1-2905 is a two-bedroom apartment of 1,008 sqft on the 29th 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 25 March 2024 for AED 3,250,000, or AED 3,222 per sqft, 68% above the AED 1,920 two-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 July 2024, is AED 160,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 14,700 a year.

Sales and rents for 1-2905 over time

Sales
Unit 1-2905, 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, March 2024: AED 3,250,000 (AED 3,222 per sqft)

1-2905 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1-2905, 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, July 2024: AED 160,000 a yearNew contract, July 2024: AED 160,000 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 1-2905 sits

All 84 2-beds →

1-2905 last sold in March 2024 at AED 3,222 per sqft, 68% above what two-beds in Sparkle Tower A were fetching at the time (AED 1,920). 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. 1-2905's AED 160,000 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 29th floor

All 217 units in Sparkle Tower A
Value
1-29012-bedAED 2.41M · Jul 2022
1-29022-bedAED 3.25M · Apr 2024
1-29033-bedAED 4.73M · Nov 2017
1-29043-bedAED 4.1M · Jul 2024
1-29062-bedAED 3.25M · Apr 2024

1-2905, Sparkle Tower A in numbers

  • Sold once: by Tebyan Real Estate Development Enterprises on 25 March 2024 for AED 3,250,000, or AED 3,222 per sqft.
  • Rented since July 2024 on 2 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 14,700 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 2024.

Questions about 1-2905, Sparkle Tower A

What did unit 1-2905 last sell for?

AED 3,250,000 on 25 March 2024, sold by the developer: AED 3,222 per sqft for 1,008 sqft. It is the only registered sale of the unit.

What is the rent for unit 1-2905?

AED 160,000 a year on the contract signed on 1 July 2024. The previous contract, from July 2024, was AED 160,000.

How big is unit 1-2905?

1,008 sqft (93.6 sqm): a two-bedroom apartment on the 29th floor of a 29-storey tower completed in 2019.

What is unit 1-2905 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 1-2905, Sparkle Tower A

Starts from the last sale price (AED 3.25M, 25 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

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