1-406, Sparkle Tower A
Sold prices and rental history: sold once, by the developer in May 2015, and rented once, from April 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1-406, Sparkle Tower A
What is 1-406 worth today?
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Source: Dubai Land Department. Updated 1 April 2020.
Key facts
- Type
- Studio apartment
- Size
- 459 sqft
- Floor
- 4th of 29
- Parking
- B2-53
- Developer
- Tebyan Real Estate Development Enterprises
- Completed
- 2019
- Service charge
- AED 6,700 /yr
- Last sold
- AED 960K · May 2015
- Building
- Sparkle Tower A
About 1-406, Sparkle Tower A
1-406 is a studio of 459 sqft on the 4th 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 14 May 2015 for AED 960,369, or AED 2,092 per sqft.
One Ejari contract is registered, from 1 April 2020. The current contract, signed on 1 April 2020, is AED 56,000 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 6,700 a year.
Sales and rents for 1-406 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 1-406 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 | ||
| 8 Sep 20158 September 2015 | 459 sqft | 954,050 | 2,079 |
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 4th floor
All 217 units in Sparkle Tower A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1-401 | 2-bed | 1,487 sqft | AED 1.9MAED 1,900,000 · Nov 2020November 2020 | ||
| 1-402 | 2-bed | 1,477 sqft | AED 2.85MAED 2,850,000 · Aug 2024August 2024 | 180,000 /yr | |
| 1-403 | 1-bed | 849 sqft | AED 1.81MAED 1,806,464 · Mar 2016March 2016 | ||
| 1-404 | 1-bed | 865 sqft | AED 2MAED 2,000,000 · Oct 2023October 2023 | 130,000 /yr | |
| 1-405 | 2-bed | 1,476 sqft | AED 2.26MAED 2,263,641 · Apr 2016April 2016 | ||
| 1-407 | 1-bed | 850 sqft | AED 1.51MAED 1,512,281 · Oct 2016October 2016 | 90,200 /yr | |
| 1-408 | 1-bed | 865 sqft | AED 1.53MAED 1,530,000 · Dec 2022December 2022 | 115,000 /yr |
1-406, Sparkle Tower A in numbers
- Sold once: by Tebyan Real Estate Development Enterprises on 14 May 2015 for AED 960,369, or AED 2,092 per sqft.
- Rented since April 2020 on one Ejari contract, at AED 56,000 a year.
- At AED 56,000 a year the gross yield on the 2015 price is 5.8%, before a service charge of about AED 6,700 a year (AED 14.54 per sqft).
Source: Dubai Land Department. Updated 1 April 2020.
Questions about 1-406, Sparkle Tower A
What did unit 1-406 last sell for?
AED 960,369 on 14 May 2015, sold by the developer: AED 2,092 per sqft for 459 sqft. It is the only registered sale of the unit.
What is the rent for unit 1-406?
AED 56,000 a year on the contract signed on 1 April 2020.
How big is unit 1-406?
459 sqft (42.6 sqm): a studio on the 4th floor of a 29-storey tower completed in 2019.
What is unit 1-406 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 1-406, Sparkle Tower A
Starts from the last sale price (AED 960K, 14 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 960,369
- Deposit, UAE resident (20%)
- AED 192,074
- Deposit, non-resident (40%)
- AED 384,148
- Monthly over 25 years at 3.7%
- AED 3,929
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →