2-bed · 1,546 sqftOpal Marina Tower, Dubai Marina · 12th floor · completed 2014

1201, Opal Marina Tower

Sold prices and rental history: sold once, by the developer in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 6 June 2024
Last soldAED 1.46M2 May 2023
Current rentAED 130K /yr6 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Opal Marina Tower

What is 1201 worth today?

Last sold for AED 1,462,240 in 2023

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6 Jun 2024RentedNew contract
AED 130,000/yr12 months · AED 84 per sqft
15 Sep 2023RentedRenewal
AED 93,273/yr9 months · AED 60 per sqft
3 May 2023RentedNew contract
AED 93,616/yr4 months · AED 60 per sqft
2 May 2023Sold by developerReady
AED 1,462,240AED 945 per sqft
15 Sep 2022RentedRenewal
AED 93,500/yr12 months · AED 60 per sqft
15 Sep 2019RentedNew contract
AED 92,000/yr12 months · AED 60 per sqft
7 Aug 2018RentedRenewal
AED 120,000/yr12 months · AED 78 per sqft
7 Aug 2017RentedRenewal
AED 130,000/yr12 months · AED 84 per sqft

Source: Dubai Land Department. Updated 6 June 2024.

Key facts

Type
2-bed apartment
Size
1,546 sqft
Floor
12th of 29
Parking
B2-55
Developer
Mismak Properties - Sole Proprietorship - Dubai Branch
Completed
2014
Service charge
AED 32,500 /yr
Last sold
AED 1.46M · May 2023

About 1201, Opal Marina Tower

1201 is a two-bedroom apartment of 1,546 sqft on the 12th floor of Opal Marina Tower, a 29-storey tower in Dubai Marina completed in 2014 by Mismak Properties - Sole Proprietorship - Dubai Branch. The developer sold it on 2 May 2023 for AED 1,462,240, or AED 945 per sqft, 8% above the AED 873 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 6 June 2024, is AED 130,000 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 32,500 a year.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical two-bed in Opal Marina Tower
1M1.5M2M2009201420192024Typical sale price by year: 2009 AED 1,093,539; 2010 AED 1,079,600; 2011 AED 1,079,600; 2012 AED 1,200,000; 2013 AED 1,625,000; 2021 AED 1,314,047; 2022 AED 1,355,000; 2023 AED 1,352,316; 2024 AED 1,900,000; 2025 AED 2,000,000Sold by developer, May 2023: AED 1,462,240 (AED 945 per sqft)

1201 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1201, each contractTypical two-bed in Opal Marina Tower
100K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 100,000; 2014 AED 112,903; 2015 AED 129,718; 2016 AED 130,000; 2017 AED 130,000; 2018 AED 115,000; 2019 AED 99,000; 2020 AED 90,000; 2021 AED 70,000; 2022 AED 80,500; 2023 AED 95,000; 2024 AED 120,000; 2025 AED 125,000; 2026 AED 130,000New contract, May 2012: AED 110,000 a yearRenewal, May 2013: AED 105,000 a yearRenewal, May 2014: AED 120,750 a yearRenewal, May 2015: AED 132,825 a yearNew contract, August 2016: AED 130,000 a yearRenewal, August 2017: AED 130,000 a yearRenewal, August 2018: AED 120,000 a yearNew contract, September 2019: AED 92,000 a yearRenewal, September 2022: AED 93,500 a yearNew contract, May 2023: AED 93,616 a yearRenewal, September 2023: AED 93,273 a yearNew contract, June 2024: AED 130,000 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 Opal Marina Tower, and where 1201 sits

All 109 2-beds →

1201 last sold in May 2023 at AED 945 per sqft, 8% above what two-beds in Opal Marina Tower were fetching at the time (AED 873). 1201's AED 130,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Jul 20252,000,000
10 Jul 20251,925,000
14 Apr 20252,125,000
19 Feb 20252,400,000
0 2-bed sales in the last 12 months

Opal Marina Tower

Building

162 apartments, 1-bed to 4-bed over 29 floors in Dubai Marina, completed in 2014 by Mismak Properties - Sole Proprietorship - Dubai Branch. 1 sold in the last 12 months.

Typical price per sqft
AED 1,409
Typical sale
AED 1.5M
Typical rent
AED 125K /yr
Typical yield
6.2%
Opal Marina Tower, Dubai Marina: prices, sales and rents →

Other units on the 12th floor

All 162 units in Opal Marina Tower
Value
12022-bedAED 1.35M · Feb 2023
12031-bedAED 931K · May 2023
12042-bedAED 1.34M · May 2023
12052-bedAED 1.65M · Apr 2013
12061-bedAED 850K · Mar 2022

1201, Opal Marina Tower in numbers

  • Sold once: by Mismak Properties - Sole Proprietorship - Dubai Branch on 2 May 2023 for AED 1,462,240, or AED 945 per sqft.
  • Rented since May 2012 on 12 Ejari contracts. The rent fell from AED 110,000 to AED 92,000 in 2019 and recovered to AED 130,000 by June 2024.
  • At AED 130,000 a year the gross yield on the 2023 price is 8.9%, before a service charge of about AED 32,500 a year (AED 21.01 per sqft).

Source: Dubai Land Department. Updated 6 June 2024.

Questions about 1201, Opal Marina Tower

What did unit 1201 last sell for?

AED 1,462,240 on 2 May 2023, sold by the developer: AED 945 per sqft for 1,546 sqft. It is the only registered sale of the unit.

What is the rent for unit 1201?

AED 130,000 a year on the contract signed on 6 June 2024. The previous contract, from September 2023, was AED 93,273; the unit has been rented since May 2012.

How big is unit 1201?

1,546 sqft (143.6 sqm): a two-bedroom apartment on the 12th floor of a 29-storey tower completed in 2014.

What is unit 1201 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 1201, Opal Marina Tower

Starts from the last sale price (AED 1.46M, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,462,240
Deposit, UAE resident (20%)
AED 292,448
Deposit, non-resident (40%)
AED 584,896
Monthly over 25 years at 3.7%
AED 5,982

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