1-bed · 1,064 sqftOpal Marina Tower, Dubai Marina · 17th floor · completed 2014

1703, 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 1703 · DLD and Ejari recordsUpdated 31 August 2024
Last soldAED 931K2 May 2023
Current rentAED 110K /yr31 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Opal Marina Tower

What is 1703 worth today?

Last sold for AED 931,000 in 2023

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31 Aug 2024RentedNew contract
AED 110,000/yr12 months · AED 103 per sqft
26 Jun 2023RentedNew contract
AED 60,720/yr12 months · AED 58 per sqft
2 May 2023Sold by developerReady
AED 931,000AED 874 per sqft
25 Jun 2022RentedRenewal
AED 55,200/yr12 months · AED 52 per sqft
25 Jun 2021RentedNew contract
AED 48,000/yr12 months · AED 45 per sqft
11 Feb 2021RentedNew contract
AED 48,000/yr12 months · AED 45 per sqft
5 Dec 2018RentedRenewal
AED 75,000/yr12 months · AED 70 per sqft
5 Dec 2017RentedNew contract
AED 75,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 31 August 2024.

Key facts

Type
1-bed apartment
Size
1,064 sqft
Floor
17th of 29
Parking
B3-10
Developer
Mismak Properties - Sole Proprietorship - Dubai Branch
Completed
2014
Service charge
AED 22,400 /yr
Last sold
AED 931K · May 2023

About 1703, Opal Marina Tower

1703 is a one-bedroom apartment of 1,064 sqft on the 17th 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 931,000, or AED 874 per sqft, in line with the AED 874 one-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 31 August 2024, is AED 110,000 a year: a gross yield of 11.8% on the 2023 price, before the service charge of about AED 22,400 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, May 2023: AED 931,000 (AED 874 per sqft)

1703 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1703, each contractTypical one-bed in Opal Marina Tower
50K100K2012201620202024Typical 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, October 2012: AED 60,000 a yearRenewal, October 2013: AED 66,000 a yearRenewal, October 2014: AED 75,900 a yearNew contract, November 2015: AED 90,000 a yearRenewal, November 2016: AED 90,000 a yearNew contract, December 2017: AED 75,000 a yearRenewal, December 2018: AED 75,000 a yearNew contract, February 2021: AED 48,000 a yearNew contract, June 2021: AED 48,000 a yearRenewal, June 2022: AED 55,200 a yearNew contract, June 2023: AED 60,720 a yearNew contract, August 2024: AED 110,000 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 1703 sits

All 51 1-beds →

1703 last sold in May 2023 at AED 874 per sqft, in line with what one-beds in Opal Marina Tower were fetching at the time (AED 874). 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. 1703's AED 110,000 is in the lower half 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 17th floor

All 162 units in Opal Marina Tower
Value
17012-bedAED 1.56M · Jun 2023
17022-bedAED 1.41M · Aug 2022
17042-bedAED 1.31M · May 2023
17052-bedAED 1.35M · May 2023
17061-bedAED 950K · Jan 2023

1703, Opal Marina Tower in numbers

  • Sold once: by Mismak Properties - Sole Proprietorship - Dubai Branch on 2 May 2023 for AED 931,000, or AED 874 per sqft.
  • Rented since October 2012 on 12 Ejari contracts. The rent fell from AED 60,000 to AED 48,000 in 2021 and recovered to AED 110,000 by August 2024.
  • At AED 110,000 a year the gross yield on the 2023 price is 11.8%, 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 31 August 2024.

Questions about 1703, Opal Marina Tower

What did unit 1703 last sell for?

AED 931,000 on 2 May 2023, sold by the developer: AED 874 per sqft for 1,064 sqft. It is the only registered sale of the unit.

What is the rent for unit 1703?

AED 110,000 a year on the contract signed on 31 August 2024. The previous contract, from June 2023, was AED 60,720; the unit has been rented since October 2012.

How big is unit 1703?

1,064 sqft (98.8 sqm): a one-bedroom apartment on the 17th floor of a 29-storey tower completed in 2014.

What is unit 1703 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 1703, Opal Marina Tower

Starts from the last sale price (AED 931K, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 931,000
Deposit, UAE resident (20%)
AED 186,200
Deposit, non-resident (40%)
AED 372,400
Monthly over 25 years at 3.7%
AED 3,809

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