2-bed · 1,476 sqftSparkle Tower A, Dubai Marina · 3rd floor · completed 2019

1-302, Sparkle Tower A

Sold prices and rental history: sold once, by the developer in July 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1-302 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 2.6M3 July 2017
Current rentAED 170K /yr22 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1-302, Sparkle Tower A

What is 1-302 worth today?

Last sold for AED 2,601,012 in 2017

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22 Jul 2024RentedNew contract
AED 170,000/yr12 months · AED 115 per sqft
22 Jul 2024RentedNew contract
AED 170,000/yr12 months · AED 115 per sqft
15 Apr 2023RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft
10 Dec 2019RentedNew contract
AED 120,000/yr12 months · AED 81 per sqft
3 Jul 2017Sold by developerOff-plan
AED 2,601,012AED 1,761 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
2-bed apartment
Size
1,476 sqft
Floor
3rd of 29
Parking
B1-41
Developer
Tebyan Real Estate Development Enterprises
Completed
2019
Service charge
AED 21,500 /yr
Last sold
AED 2.6M · July 2017

About 1-302, Sparkle Tower A

1-302 is a two-bedroom apartment of 1,476 sqft on the 3rd 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 3 July 2017 for AED 2,601,012, or AED 1,761 per sqft, 6% above the AED 1,655 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 22 July 2024, is AED 170,000 a year: a gross yield of 6.5% on the 2017 price, before the service charge of about AED 21,500 a year.

Sales and rents for 1-302 over time

Sales
Unit 1-302, 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, July 2017: AED 2,601,012 (AED 1,761 per sqft)

1-302 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1-302, 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, December 2019: AED 120,000 a yearNew contract, April 2023: AED 120,000 a yearNew contract, July 2024: AED 170,000 a yearNew contract, July 2024: 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 1-302 sits

All 84 2-beds →

1-302 last sold in July 2017 at AED 1,761 per sqft, 6% above what two-beds in Sparkle Tower A were fetching at the time (AED 1,655). 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. 1-302'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 3rd floor

All 217 units in Sparkle Tower A
Value
1-3012-bedAED 2.46M · Mar 2017
1-3031-bedAED 1.79M · Sep 2015
1-3041-bedAED 1.16M · Apr 2019
1-3052-bedAED 2M · Oct 2016
1-306StudioAED 954K · Sep 2015
1-3071-bedAED 1.4M · Mar 2021
1-3081-bedAED 822K · Oct 2023

1-302, Sparkle Tower A in numbers

  • Sold once: by Tebyan Real Estate Development Enterprises on 3 July 2017 for AED 2,601,012, or AED 1,761 per sqft.
  • Rented since December 2019 on 4 Ejari contracts, from AED 120,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2017 price is 6.5%, 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 22 July 2024.

Questions about 1-302, Sparkle Tower A

What did unit 1-302 last sell for?

AED 2,601,012 on 3 July 2017, sold by the developer: AED 1,761 per sqft for 1,476 sqft. It is the only registered sale of the unit.

What is the rent for unit 1-302?

AED 170,000 a year on the contract signed on 22 July 2024. The previous contract, from July 2024, was AED 170,000; the unit has been rented since December 2019.

How big is unit 1-302?

1,476 sqft (137.1 sqm): a two-bedroom apartment on the 3rd floor of a 29-storey tower completed in 2019.

What is unit 1-302 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 1-302, Sparkle Tower A

Starts from the last sale price (AED 2.6M, 3 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,601,012
Deposit, UAE resident (20%)
AED 520,202
Deposit, non-resident (40%)
AED 1,040,405
Monthly over 25 years at 3.7%
AED 10,642

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