1-306, Sparkle Tower A
Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1-306, Sparkle Tower A
What is 1-306 worth today?
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Source: Dubai Land Department. Updated 20 July 2023.
Key facts
- Type
- Studio apartment
- Size
- 459 sqft
- Floor
- 3rd of 29
- Parking
- B2-49
- Developer
- Tebyan Real Estate Development Enterprises
- Completed
- 2019
- Service charge
- AED 6,700 /yr
- Last sold
- AED 954K · September 2015
- Building
- Sparkle Tower A
About 1-306, Sparkle Tower A
1-306 is a studio of 459 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 8 September 2015 for AED 954,050, or AED 2,079 per sqft.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 20 July 2023, is AED 49,613 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 6,700 a year.
Sales and rents for 1-306 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Sparkle Tower A, and where 1-306 sits
All 4 studios →| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jun 202315 June 2023 | 459 sqft | 950,000 | 2,070 | ||
| 9 Aug 20169 August 2016 | 687 sqft | 1,178,470 | 1,715 | ||
| 15 Sep 201515 September 2015 | 459 sqft | 928,777 | 2,024 | ||
| 14 May 201514 May 2015 | 459 sqft | 960,369 | 2,092 |
Sparkle Tower A
Building217 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%
Other units on the 3rd floor
All 217 units in Sparkle Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1-301 | 2-bed | 1,474 sqft | AED 2.46MAED 2,456,662 · Mar 2017March 2017 | 125,000 /yr | |
| 1-302 | 2-bed | 1,476 sqft | AED 2.6MAED 2,601,012 · Jul 2017July 2017 | 170,000 /yr | |
| 1-303 | 1-bed | 865 sqft | AED 1.79MAED 1,786,934 · Sep 2015September 2015 | 120,000 /yr | |
| 1-304 | 1-bed | 849 sqft | AED 1.16MAED 1,161,635 · Apr 2019April 2019 | 115,000 /yr | |
| 1-305 | 2-bed | 1,476 sqft | AED 2MAED 2,000,000 · Oct 2016October 2016 | 138,000 /yr | |
| 1-307 | 1-bed | 862 sqft | AED 1.4MAED 1,400,000 · Mar 2021March 2021 | ||
| 1-308 | 1-bed | 432 sqft | AED 822KAED 821,986 · Oct 2023October 2023 | 80,000 /yr |
1-306, Sparkle Tower A in numbers
- Sold once: by Tebyan Real Estate Development Enterprises on 8 September 2015 for AED 954,050, or AED 2,079 per sqft.
- Rented since January 2020 on 4 Ejari contracts. The rent fell from AED 55,000 to AED 45,000 in 2021 and recovered to AED 49,613 by July 2023.
- At AED 49,613 a year the gross yield on the 2015 price is 5.2%, before a service charge of about AED 6,700 a year (AED 14.54 per sqft).
Source: Dubai Land Department. Updated 20 July 2023.
Questions about 1-306, Sparkle Tower A
What did unit 1-306 last sell for?
AED 954,050 on 8 September 2015, sold by the developer: AED 2,079 per sqft for 459 sqft. It is the only registered sale of the unit.
What is the rent for unit 1-306?
AED 49,613 a year on the contract renewed on 20 July 2023. The previous contract, from July 2022, was AED 47,250; the unit has been rented since January 2020.
How big is unit 1-306?
459 sqft (42.6 sqm): a studio on the 3rd floor of a 29-storey tower completed in 2019.
What is unit 1-306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1-306, Sparkle Tower A
Starts from the last sale price (AED 954K, 8 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 954,050
- Deposit, UAE resident (20%)
- AED 190,810
- Deposit, non-resident (40%)
- AED 381,620
- Monthly over 25 years at 3.7%
- AED 3,903
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →