2-bed · 1,525 sqftSparkle Tower B, Dubai Marina · 10th floor · completed 2019

2-1003, Sparkle Tower B

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

Unit 2-1003 · DLD and Ejari recordsUpdated 12 May 2023
Last soldAED 2.85M12 May 2023
Current rentAED 120K /yr3 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2-1003, Sparkle Tower B

What is 2-1003 worth today?

Last sold for AED 2,850,000 in 2023

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12 May 2023SoldReady
AED 2,850,000AED 1,869 per sqft
3 Jul 2021RentedNew contract
AED 120,000/yr12 months · AED 79 per sqft
2 Mar 2021Sold by developerReady
AED 1,900,000AED 1,246 per sqft

Source: Dubai Land Department. Updated 12 May 2023.

Key facts

Type
2-bed apartment
Size
1,525 sqft
Floor
10th of 14
Parking
B3-21
Developer
Tebyan Real Estate Development Enterprises
Completed
2019
Service charge
AED 22,200 /yr
Last sold
AED 2.85M · May 2023

About 2-1003, Sparkle Tower B

2-1003 is a two-bedroom apartment of 1,525 sqft on the 10th floor of Sparkle Tower B, a 14-storey tower in Dubai Marina completed in 2019 by Tebyan Real Estate Development Enterprises. It last sold on 12 May 2023 for AED 2,850,000, or AED 1,869 per sqft, 108% above the AED 900 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 3 July 2021. The current contract, signed on 3 July 2021, is AED 120,000 a year: a gross yield of 4.2% on the 2023 price, before the service charge of about AED 22,200 a year.

Sales and rents for 2-1003 over time

Sales
Unit 2-1003, each saleTypical two-bed in Sparkle Tower B
2M2.5M3M2019202120232025Typical sale price by year: 2019 AED 1,985,000; 2020 AED 1,963,711; 2021 AED 1,950,000; 2022 AED 1,855,000; 2024 AED 2,800,000; 2025 AED 2,500,000Sold by developer, March 2021: AED 1,900,000 (AED 1,246 per sqft)Sold, May 2023: AED 2,850,000 (AED 1,869 per sqft)

2-1003 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2-1003, each contractTypical two-bed in Sparkle Tower B
150K200K2020202220242026Typical rent by year: 2020 AED 117,500; 2021 AED 120,000; 2022 AED 130,000; 2023 AED 150,000; 2024 AED 170,000; 2025 AED 190,000; 2026 AED 150,000New contract, July 2021: AED 120,000 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 B, and where 2-1003 sits

All 28 2-beds →

2-1003 last sold in May 2023 at AED 1,869 per sqft, 108% above what two-beds in Sparkle Tower B were fetching at the time (AED 900). Over the last 12 months two-beds sold for AED 2,750,000, around AED 1,437 per sqft, and rent for AED 115,000 to 250,000 a year. 2-1003's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jun 20262,750,000
3 Apr 20252,500,000
6 Feb 20252,780,000
2 Jan 20252,391,000
1 2-bed sale in the last 12 months

Sparkle Tower B

Building

126 apartments, studios to 2-bed over 14 floors in Dubai Marina, completed in 2019 by Tebyan Real Estate Development Enterprises. 12 sold in the last 12 months.

Typical price per sqft
AED 2,334 Up 7.8%
Typical sale
AED 1.05M
Typical rent
AED 85K /yr
Typical yield
5.6%
Sparkle Tower B, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 126 units in Sparkle Tower B
Value
2-10011-bedAED 1.16M · Sep 2019
2-10021-bedAED 1.2M · Mar 2020
2-10042-bedAED 2.22M · Dec 2019
2-1005StudioAED 841K · Apr 2015
2-1006StudioAED 700K · Sep 2020
2-10071-bedAED 1.23M · Oct 2019
2-1008StudioAED 780K · Jul 2021
1–7 of 8

2-1003, Sparkle Tower B in numbers

  • Sold twice: first on 2 March 2021 for AED 1,900,000, last on 12 May 2023 for AED 2,850,000 (AED 1,869 per sqft).
  • Rented since July 2021 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 4.2%, before a service charge of about AED 22,200 a year (AED 14.54 per sqft).
  • Two-beds in Sparkle Tower B sold for AED 2,750,000–2,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,334 per sqft.

Source: Dubai Land Department. Updated 12 May 2023.

Questions about 2-1003, Sparkle Tower B

What did unit 2-1003 last sell for?

AED 2,850,000 on 12 May 2023: AED 1,869 per sqft for 1,525 sqft. The unit has 2 registered sales; the first was AED 1,900,000 in March 2021.

What is the rent for unit 2-1003?

AED 120,000 a year on the contract signed on 3 July 2021.

How big is unit 2-1003?

1,525 sqft (141.7 sqm): a two-bedroom apartment on the 10th floor of a 14-storey tower completed in 2019.

What is unit 2-1003 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 B sold for AED 2,750,000 to 2,750,000 in the last 12 months, around AED 1,437 per sqft.

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Mortgage on 2-1003, Sparkle Tower B

Starts from the last sale price (AED 2.85M, 12 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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