Studio · 465 sqftSparkle Tower B, Dubai Marina · 13th floor · completed 2019

2-1308, Sparkle Tower B

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

Unit 2-1308 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 944K7 November 2017
Current rentAED 82K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2-1308, Sparkle Tower B

What is 2-1308 worth today?

Last sold for AED 944,108 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Oct 2024RentedNew contract
AED 82,000/yr12 months · AED 173 per sqft
20 Oct 2024RentedNew contract
AED 82,000/yr12 months · AED 173 per sqft
25 Apr 2024RentedRenewal
AED 80,000/yr12 months · AED 169 per sqft
25 Apr 2024RentedRenewal
AED 80,000/yr12 months · AED 169 per sqft
25 Apr 2023RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
20 Nov 2021RentedNew contract
AED 55,000/yr12 months · AED 116 per sqft
16 Oct 2019RentedNew contract
AED 55,000/yr12 months · AED 116 per sqft
7 Nov 2017Sold by developerOff-plan
AED 944,108AED 2,028 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
Studio apartment
Size
465 sqft
Floor
13th of 14
Parking
B3-137
Developer
Tebyan Real Estate Development Enterprises
Completed
2019
Service charge
AED 6,800 /yr
Last sold
AED 944K · November 2017

About 2-1308, Sparkle Tower B

2-1308 is a studio of 465 sqft on the 13th floor of Sparkle Tower B, a 14-storey tower in Dubai Marina completed in 2019 by Tebyan Real Estate Development Enterprises. The developer sold it on 7 November 2017 for AED 944,108, or AED 2,028 per sqft.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 20 October 2024, is AED 82,000 a year: a gross yield of 8.7% on the 2017 price, before the service charge of about AED 6,800 a year.

Sales and rents for 2-1308 over time

Sales
Unit 2-1308, each saleTypical studio in Sparkle Tower B
800K1M1.2M20152018202120242027Typical sale price by year: 2015 AED 900,000; 2016 AED 1,037,326; 2019 AED 753,532; 2021 AED 800,000; 2022 AED 797,500; 2023 AED 1,042,500; 2024 AED 1,150,000; 2025 AED 1,025,000; 2026 AED 1,012,500Sold by developer, November 2017: AED 944,108 (AED 2,028 per sqft)

2-1308 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2-1308, each contractTypical studio in Sparkle Tower B
40K60K80K20192021202320252027Typical rent by year: 2019 AED 52,500; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 67,750; 2024 AED 78,000; 2025 AED 75,000; 2026 AED 64,378New contract, October 2019: AED 55,000 a yearNew contract, November 2021: AED 55,000 a yearNew contract, April 2023: AED 75,000 a yearRenewal, April 2024: AED 80,000 a yearRenewal, April 2024: AED 80,000 a yearNew contract, October 2024: AED 82,000 a yearNew contract, October 2024: AED 82,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Sparkle Tower B, and where 2-1308 sits

All 56 studios →

Over the last 12 months studios sold for AED 900,000 to 1,070,000, around AED 2,387 per sqft, and rent for AED 55,000 to 90,000 a year. 2-1308's AED 82,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 2026970,000
17 Aug 2026900,000
6 Jul 20261,025,000
18 Jun 20261,070,000
8 studio sales 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 13th floor

All 126 units in Sparkle Tower B
Value
2-13011-bedAED 1.2M · Mar 2020
2-13021-bedAED 1.25M · Oct 2019
2-13032-bedAED 2.95M · Feb 2024
2-13042-bedAED 1.81M · Nov 2020
2-1305StudioAED 1.04M · Jul 2016
2-1306StudioAED 940K · Nov 2016
2-13071-bedAED 1.75M · Jun 2022
1–7 of 8

2-1308, Sparkle Tower B in numbers

  • Sold once: by Tebyan Real Estate Development Enterprises on 7 November 2017 for AED 944,108, or AED 2,028 per sqft.
  • Rented since October 2019 on 7 Ejari contracts, from AED 55,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2017 price is 8.7%, before a service charge of about AED 6,800 a year (AED 14.54 per sqft).
  • Studios in Sparkle Tower B sold for AED 900,000–1,070,000 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 20 October 2024.

Questions about 2-1308, Sparkle Tower B

What did unit 2-1308 last sell for?

AED 944,108 on 7 November 2017, sold by the developer: AED 2,028 per sqft for 465 sqft. It is the only registered sale of the unit.

What is the rent for unit 2-1308?

AED 82,000 a year on the contract signed on 20 October 2024. The previous contract, from October 2024, was AED 82,000; the unit has been rented since October 2019.

How big is unit 2-1308?

465 sqft (43.2 sqm): a studio on the 13th floor of a 14-storey tower completed in 2019.

What is unit 2-1308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Sparkle Tower B sold for AED 900,000 to 1,070,000 in the last 12 months, around AED 2,387 per sqft.

Selling 2-1308? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2-1308, Sparkle Tower B

Starts from the last sale price (AED 944K, 7 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 944,108
Deposit, UAE resident (20%)
AED 188,822
Deposit, non-resident (40%)
AED 377,643
Monthly over 25 years at 3.7%
AED 3,863

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