2-bed · 1,546 sqftOpal Marina Tower, Dubai Marina · 4th floor · completed 2014

401, 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 401 · DLD and Ejari recordsUpdated 19 April 2024
Last soldAED 1.37M2 May 2023
Current rentAED 108K /yr19 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Opal Marina Tower

What is 401 worth today?

Last sold for AED 1,371,610 in 2023

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19 Apr 2024RentedNew contract
AED 107,812/yr12 months · AED 70 per sqft
2 May 2023Sold by developerReady
AED 1,371,610AED 887 per sqft
23 Oct 2022RentedRenewal
AED 86,250/yr12 months · AED 56 per sqft
23 Oct 2021RentedRenewal
AED 75,000/yr12 months · AED 49 per sqft
23 Oct 2020RentedRenewal
AED 80,000/yr12 months · AED 52 per sqft
23 Oct 2019RentedRenewal
AED 98,000/yr12 months · AED 63 per sqft
23 Oct 2018RentedRenewal
AED 115,000/yr12 months · AED 74 per sqft
23 Oct 2017RentedRenewal
AED 137,473/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 19 April 2024.

Key facts

Type
2-bed apartment
Size
1,546 sqft
Floor
4th of 29
Parking
B2-7
Developer
Mismak Properties - Sole Proprietorship - Dubai Branch
Completed
2014
Service charge
AED 32,500 /yr
Last sold
AED 1.37M · May 2023

About 401, Opal Marina Tower

401 is a two-bedroom apartment of 1,546 sqft on the 4th 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 1,371,610, or AED 887 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 12 Ejari contracts. The current contract, signed on 19 April 2024, is AED 107,812 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 32,500 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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 1,371,610 (AED 887 per sqft)

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

Rents
Unit 401, 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 90,000 a yearRenewal, October 2013: AED 99,000 a yearRenewal, October 2014: AED 113,850 a yearRenewal, October 2015: AED 130,927 a yearRenewal, October 2016: AED 137,473 a yearRenewal, October 2017: AED 137,473 a yearRenewal, October 2018: AED 115,000 a yearRenewal, October 2019: AED 98,000 a yearRenewal, October 2020: AED 80,000 a yearRenewal, October 2021: AED 75,000 a yearRenewal, October 2022: AED 86,250 a yearNew contract, April 2024: AED 107,812 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 401 sits

All 109 2-beds →

401 last sold in May 2023 at AED 887 per sqft, in line with what two-beds in Opal Marina Tower were fetching at the time (AED 873). 401's AED 107,812 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 4th floor

All 162 units in Opal Marina Tower
Value
4022-bedAED 638K · May 2022
4042-bedAED 1.26M · May 2023
4052-bedAED 1.31M · May 2023
4061-bedAED 952K · May 2023

401, Opal Marina Tower in numbers

  • Sold once: by Mismak Properties - Sole Proprietorship - Dubai Branch on 2 May 2023 for AED 1,371,610, or AED 887 per sqft.
  • Rented since October 2012 on 12 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2021 and recovered to AED 107,812 by April 2024.
  • At AED 107,812 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 32,500 a year (AED 21.01 per sqft).

Source: Dubai Land Department. Updated 19 April 2024.

Questions about 401, Opal Marina Tower

What did unit 401 last sell for?

AED 1,371,610 on 2 May 2023, sold by the developer: AED 887 per sqft for 1,546 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 107,812 a year on the contract signed on 19 April 2024. The previous contract, from October 2022, was AED 86,250; the unit has been rented since October 2012.

How big is unit 401?

1,546 sqft (143.6 sqm): a two-bedroom apartment on the 4th floor of a 29-storey tower completed in 2014.

What is unit 401 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 401, Opal Marina Tower

Starts from the last sale price (AED 1.37M, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,371,610
Deposit, UAE resident (20%)
AED 274,322
Deposit, non-resident (40%)
AED 548,644
Monthly over 25 years at 3.7%
AED 5,612

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