2-bed · 1,537 sqftOpal Marina Tower, Dubai Marina · 15th floor · completed 2014

1504, Opal Marina Tower

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 18 February 2024
Last soldAED 1.08M23 March 2010
Current rentAED 93K /yr18 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Opal Marina Tower

What is 1504 worth today?

Last sold for AED 1,079,600 in 2010

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18 Feb 2024RentedRenewal
AED 92,575/yr12 months · AED 61 per sqft
18 Feb 2023RentedRenewal
AED 80,500/yr12 months · AED 52 per sqft
18 Feb 2022RentedRenewal
AED 70,000/yr12 months · AED 45 per sqft
15 Dec 2018RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
3 Oct 2016RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
5 Dec 2013RentedNew contract
AED 98,175/yr12 months · AED 64 per sqft
5 Dec 2012RentedNew contract
AED 89,250/yr12 months · AED 58 per sqft
23 Mar 2010Sold by developerReady
AED 1,079,600AED 702 per sqft

Source: Dubai Land Department. Updated 18 February 2024.

Key facts

Type
2-bed apartment
Size
1,537 sqft
Floor
15th of 29
Parking
1
Developer
Mismak Properties - Sole Proprietorship - Dubai Branch
Completed
2014
Service charge
AED 32,300 /yr
Last sold
AED 1.08M · March 2010

About 1504, Opal Marina Tower

1504 is a two-bedroom apartment of 1,537 sqft on the 15th 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 23 March 2010 for AED 1,079,600, or AED 702 per sqft, in line with the AED 707 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 18 February 2024, is AED 92,575 a year: a gross yield of 8.6% on the 2010 price, before the service charge of about AED 32,300 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, 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, March 2010: AED 1,079,600 (AED 702 per sqft)

1504 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1504, 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, December 2012: AED 89,250 a yearNew contract, December 2013: AED 98,175 a yearNew contract, October 2016: AED 115,000 a yearNew contract, December 2018: AED 90,000 a yearRenewal, February 2022: AED 70,000 a yearRenewal, February 2023: AED 80,500 a yearRenewal, February 2024: AED 92,575 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 1504 sits

All 109 2-beds →

1504 last sold in March 2010 at AED 702 per sqft, in line with what two-beds in Opal Marina Tower were fetching at the time (AED 707). 1504's AED 92,575 is at the bottom 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 15th floor

All 162 units in Opal Marina Tower
Value
15012-bedAED 1.38M · Mar 2022
15022-bedAED 1.38M · Mar 2022
15031-bedAED 931K · May 2023
15052-bedAED 1.4M · Oct 2012
15061-bedAED 916K · Oct 2022

1504, Opal Marina Tower in numbers

  • Sold once: by Mismak Properties - Sole Proprietorship - Dubai Branch on 23 March 2010 for AED 1,079,600, or AED 702 per sqft.
  • Rented since December 2012 on 7 Ejari contracts. The rent fell from AED 89,250 to AED 70,000 in 2022 and recovered to AED 92,575 by February 2024.
  • At AED 92,575 a year the gross yield on the 2010 price is 8.6%, before a service charge of about AED 32,300 a year (AED 21.01 per sqft).

Source: Dubai Land Department. Updated 18 February 2024.

Questions about 1504, Opal Marina Tower

What did unit 1504 last sell for?

AED 1,079,600 on 23 March 2010, sold by the developer: AED 702 per sqft for 1,537 sqft. It is the only registered sale of the unit.

What is the rent for unit 1504?

AED 92,575 a year on the contract renewed on 18 February 2024. The previous contract, from February 2023, was AED 80,500; the unit has been rented since December 2012.

How big is unit 1504?

1,537 sqft (142.8 sqm): a two-bedroom apartment on the 15th floor of a 29-storey tower completed in 2014.

What is unit 1504 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 1504, Opal Marina Tower

Starts from the last sale price (AED 1.08M, 23 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,079,600
Deposit, UAE resident (20%)
AED 215,920
Deposit, non-resident (40%)
AED 431,840
Monthly over 25 years at 3.7%
AED 4,417

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