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1-bed · 432 sqftSparkle Tower A, Dubai Marina · 3rd floor · completed 2019

1-308, Sparkle Tower A

Sold prices and rental history: sold 3 times, last in October 2023, and rented once, from September 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1-308 · DLD and Ejari recordsUpdated 5 October 2023
Last soldAED 822K5 October 2023
Current rentAED 80K /yr18 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1-308, Sparkle Tower A

What is 1-308 worth today?

Last sold for AED 821,986 in 2023

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5 Oct 2023SoldReady
AED 821,986AED 1,901 per sqft
23 Jan 2023SoldReady
AED 1,600,000AED 1,850 per sqft
18 Sep 2021RentedNew contract
AED 80,000/yr12 months · AED 93 per sqft
2 Jun 2021Sold by developerReady
AED 1,350,000AED 1,561 per sqft

Source: Dubai Land Department. Updated 5 October 2023.

Key facts

Type
1-bed apartment
Size
432 sqft
Floor
3rd of 29
Parking
B2-50
Developer
Tebyan Real Estate Development Enterprises
Completed
2019
Service charge
AED 6,300 /yr
Last sold
AED 822K · October 2023
Building
Sparkle Tower A

About 1-308, Sparkle Tower A

1-308 is a one-bedroom apartment of 432 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. It last sold on 5 October 2023 for AED 821,986, or AED 1,901 per sqft, 3% below the AED 1,962 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 18 September 2021. The current contract, signed on 18 September 2021, is AED 80,000 a year: a gross yield of 9.7% on the 2023 price, before the service charge of about AED 6,300 a year.

Sales and rents for 1-308 over time

Sales
Unit 1-308, each saleTypical one-bed in Sparkle Tower A
1M2M20152018202120242027Typical 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, June 2021: AED 1,350,000 (AED 1,561 per sqft)Sold, January 2023: AED 1,600,000 (AED 1,850 per sqft)Sold, October 2023: AED 821,986 (AED 1,901 per sqft)

1-308 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1-308, 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, September 2021: AED 80,000 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 1-308 sits

All 100 1-beds →

1-308 last sold in October 2023 at AED 1,901 per sqft, 3% below what one-beds in Sparkle Tower A were fetching at the time (AED 1,962). 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. 1-308's AED 80,000 is in the lower 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 3rd floor

All 217 units in Sparkle Tower A
Value
1-3012-bedAED 2.46M · Mar 2017
1-3022-bedAED 2.6M · Jul 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

1-308, Sparkle Tower A in numbers

  • Sold 3 times: first on 2 June 2021 for AED 1,350,000, last on 5 October 2023 for AED 821,986 (AED 1,901 per sqft).
  • Rented since September 2021 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 9.7%, before a service charge of about AED 6,300 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 5 October 2023.

Questions about 1-308, Sparkle Tower A

What did unit 1-308 last sell for?

AED 821,986 on 5 October 2023: AED 1,901 per sqft for 432 sqft. The unit has 3 registered sales; the first was AED 1,350,000 in June 2021.

What is the rent for unit 1-308?

AED 80,000 a year on the contract signed on 18 September 2021.

How big is unit 1-308?

432 sqft (40.1 sqm): a one-bedroom apartment on the 3rd floor of a 29-storey tower completed in 2019.

What is unit 1-308 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 1-308, Sparkle Tower A

Starts from the last sale price (AED 822K, 5 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 821,986
Deposit, UAE resident (20%)
AED 164,397
Deposit, non-resident (40%)
AED 328,794
Monthly over 25 years at 3.7%
AED 3,363

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