1-bed · 1,064 sqftOpal Marina Tower, Dubai Marina · 15th floor · completed 2014

1506, Opal Marina Tower

Sold prices and rental history: sold once, by the developer in October 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 20 October 2022
Last soldAED 916K20 October 2022
Current rentAED 55K /yr20 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Opal Marina Tower

What is 1506 worth today?

Last sold for AED 916,000 in 2022

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20 Oct 2022Sold by developerReady
AED 916,000AED 860 per sqft
20 Mar 2021RentedRenewal
AED 55,000/yr12 months · AED 52 per sqft
20 Mar 2020RentedRenewal
AED 70,000/yr12 months · AED 66 per sqft
3 Jun 2018RentedRenewal
AED 84,000/yr12 months · AED 79 per sqft
3 Jun 2017RentedRenewal
AED 93,381/yr12 months · AED 88 per sqft
3 Jun 2016RentedRenewal
AED 93,381/yr12 months · AED 88 per sqft
3 Jun 2015RentedRenewal
AED 88,935/yr12 months · AED 84 per sqft
3 Jun 2014RentedRenewal
AED 84,700/yr12 months · AED 80 per sqft

Source: Dubai Land Department. Updated 20 October 2022.

Key facts

Type
1-bed apartment
Size
1,064 sqft
Floor
15th of 29
Parking
B3-1
Developer
Mismak Properties - Sole Proprietorship - Dubai Branch
Completed
2014
Service charge
AED 22,400 /yr
Last sold
AED 916K · October 2022

About 1506, Opal Marina Tower

1506 is a one-bedroom apartment of 1,064 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 20 October 2022 for AED 916,000, or AED 860 per sqft, 5% above the AED 817 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 20 March 2021, is AED 55,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 22,400 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical one-bed in Opal Marina Tower
1M1.5M20222023202420252026Typical sale price by year: 2022 AED 916,000; 2023 AED 952,185; 2024 AED 1,330,000; 2025 AED 1,700,000Sold by developer, October 2022: AED 916,000 (AED 860 per sqft)

1506 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1506, each contractTypical one-bed in Opal Marina Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 69,256; 2013 AED 75,000; 2014 AED 82,540; 2015 AED 90,000; 2016 AED 90,046; 2017 AED 90,000; 2018 AED 75,000; 2019 AED 70,000; 2020 AED 60,000; 2021 AED 52,000; 2022 AED 60,000; 2023 AED 66,000; 2024 AED 93,500; 2025 AED 95,000New contract, June 2012: AED 70,000 a yearNew contract, June 2013: AED 77,000 a yearRenewal, June 2014: AED 84,700 a yearRenewal, June 2015: AED 88,935 a yearRenewal, June 2016: AED 93,381 a yearRenewal, June 2017: AED 93,381 a yearRenewal, June 2018: AED 84,000 a yearRenewal, March 2020: AED 70,000 a yearRenewal, March 2021: AED 55,000 a year

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

1-beds in Opal Marina Tower, and where 1506 sits

All 51 1-beds →

1506 last sold in October 2022 at AED 860 per sqft, 5% above what one-beds in Opal Marina Tower were fetching at the time (AED 817). Over the last 12 months one-beds sold for AED 1,500,000, around AED 1,409 per sqft, and rent for AED 95,000 to 155,000 a year. 1506's AED 55,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Dec 20251,500,000
24 Jun 20251,700,000
11 Apr 20251,650,000
20 Feb 20252,000,000
1 1-bed sale 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
15042-bedAED 1.08M · Mar 2010
15052-bedAED 1.4M · Oct 2012

1506, Opal Marina Tower in numbers

  • Sold once: by Mismak Properties - Sole Proprietorship - Dubai Branch on 20 October 2022 for AED 916,000, or AED 860 per sqft.
  • Rented since June 2012 on 9 Ejari contracts, from AED 70,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 22,400 a year (AED 21.01 per sqft).
  • One-beds in Opal Marina Tower sold for AED 1,500,000–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,409 per sqft.

Source: Dubai Land Department. Updated 20 October 2022.

Questions about 1506, Opal Marina Tower

What did unit 1506 last sell for?

AED 916,000 on 20 October 2022, sold by the developer: AED 860 per sqft for 1,064 sqft. It is the only registered sale of the unit.

What is the rent for unit 1506?

AED 55,000 a year on the contract renewed on 20 March 2021. The previous contract, from March 2020, was AED 70,000; the unit has been rented since June 2012.

How big is unit 1506?

1,064 sqft (98.8 sqm): a one-bedroom apartment on the 15th floor of a 29-storey tower completed in 2014.

What is unit 1506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Opal Marina Tower sold for AED 1,500,000 to 1,500,000 in the last 12 months, around AED 1,409 per sqft.

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Mortgage on 1506, Opal Marina Tower

Starts from the last sale price (AED 916K, 20 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 916,000
Deposit, UAE resident (20%)
AED 183,200
Deposit, non-resident (40%)
AED 366,400
Monthly over 25 years at 3.7%
AED 3,748

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