2-bed · 1,537 sqftOpal Marina Tower, Dubai Marina · 23rd floor · completed 2014

2304, 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 2304 · DLD and Ejari recordsUpdated 16 June 2024
Last soldAED 1.35M2 May 2023
Current rentAED 115K /yr16 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Opal Marina Tower

What is 2304 worth today?

Last sold for AED 1,352,316 in 2023

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16 Jun 2024RentedNew contract
AED 115,000/yr12 months · AED 75 per sqft
3 May 2023RentedNew contract
AED 82,844/yr11 months · AED 54 per sqft
2 May 2023Sold by developerReady
AED 1,352,316AED 880 per sqft
21 Mar 2023RentedRenewal
AED 82,800/yr12 months · AED 54 per sqft
21 Feb 2022RentedRenewal
AED 72,000/yr13 months · AED 47 per sqft
21 Feb 2021RentedRenewal
AED 65,000/yr12 months · AED 42 per sqft
21 Feb 2020RentedRenewal
AED 90,000/yr12 months · AED 59 per sqft
21 Feb 2019RentedRenewal
AED 100,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 16 June 2024.

Key facts

Type
2-bed apartment
Size
1,537 sqft
Floor
23rd of 29
Parking
B3-47
Developer
Mismak Properties - Sole Proprietorship - Dubai Branch
Completed
2014
Service charge
AED 32,300 /yr
Last sold
AED 1.35M · May 2023

About 2304, Opal Marina Tower

2304 is a two-bedroom apartment of 1,537 sqft on the 23rd 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 1,352,316, or AED 880 per sqft, in line with the AED 873 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 16 June 2024, is AED 115,000 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 32,300 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, 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 1,352,316 (AED 880 per sqft)

2304 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2304, 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, October 2012: AED 94,500 a yearNew contract, February 2013: AED 100,000 a yearRenewal, February 2014: AED 100,000 a yearRenewal, February 2015: AED 115,000 a yearRenewal, February 2016: AED 126,500 a yearRenewal, February 2018: AED 120,000 a yearRenewal, February 2019: AED 100,000 a yearRenewal, February 2020: AED 90,000 a yearRenewal, February 2021: AED 65,000 a yearRenewal, February 2022: AED 72,000 a yearRenewal, March 2023: AED 82,800 a yearNew contract, May 2023: AED 82,844 a yearNew contract, June 2024: AED 115,000 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 2304 sits

All 109 2-beds →

2304 last sold in May 2023 at AED 880 per sqft, in line with what two-beds in Opal Marina Tower were fetching at the time (AED 873). 2304's AED 115,000 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 23rd floor

All 162 units in Opal Marina Tower
Value
23012-bedAED 1.55M · May 2023
23022-bedAED 800K · Mar 2023
23031-bedAED 1.19M · Sep 2024
23052-bedAED 2.3M · Nov 2014
23061-bedAED 1.39M · Jun 2024

2304, Opal Marina Tower in numbers

  • Sold once: by Mismak Properties - Sole Proprietorship - Dubai Branch on 2 May 2023 for AED 1,352,316, or AED 880 per sqft.
  • Rented since October 2012 on 13 Ejari contracts. The rent fell from AED 94,500 to AED 65,000 in 2021 and recovered to AED 115,000 by June 2024.
  • At AED 115,000 a year the gross yield on the 2023 price is 8.5%, before a service charge of about AED 32,300 a year (AED 21.01 per sqft).

Source: Dubai Land Department. Updated 16 June 2024.

Questions about 2304, Opal Marina Tower

What did unit 2304 last sell for?

AED 1,352,316 on 2 May 2023, sold by the developer: AED 880 per sqft for 1,537 sqft. It is the only registered sale of the unit.

What is the rent for unit 2304?

AED 115,000 a year on the contract signed on 16 June 2024. The previous contract, from May 2023, was AED 82,844; the unit has been rented since October 2012.

How big is unit 2304?

1,537 sqft (142.8 sqm): a two-bedroom apartment on the 23rd floor of a 29-storey tower completed in 2014.

What is unit 2304 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 2304, Opal Marina Tower

Starts from the last sale price (AED 1.35M, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,352,316
Deposit, UAE resident (20%)
AED 270,463
Deposit, non-resident (40%)
AED 540,926
Monthly over 25 years at 3.7%
AED 5,533

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