1-bed · 865 sqftSparkle Tower A, Dubai Marina · 16th floor · completed 2019

1-1607, Sparkle Tower A

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1-1607 · DLD and Ejari recordsUpdated 11 August 2024
Last soldAED 2.4M13 February 2024
Current rentAED 125K /yr11 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1-1607, Sparkle Tower A

What is 1-1607 worth today?

Last sold for AED 2,400,000 in 2024

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11 Aug 2024RentedNew contract
AED 125,000/yr12 months · AED 145 per sqft
13 Feb 2024SoldReady
AED 2,400,000AED 2,775 per sqft
15 May 2023RentedRenewal
AED 80,000/yr12 months · AED 93 per sqft
15 May 2022RentedRenewal
AED 80,000/yr12 months · AED 93 per sqft
15 May 2021RentedRenewal
AED 80,000/yr12 months · AED 93 per sqft
7 Jan 2020Sold by developerReady
AED 1,405,000AED 1,624 per sqft

Source: Dubai Land Department. Updated 11 August 2024.

Key facts

Type
1-bed apartment
Size
865 sqft
Floor
16th of 29
Parking
B1-82
Developer
Tebyan Real Estate Development Enterprises
Completed
2019
Service charge
AED 12,600 /yr
Last sold
AED 2.4M · February 2024

About 1-1607, Sparkle Tower A

1-1607 is a one-bedroom apartment of 865 sqft on the 16th floor of Sparkle Tower A, a 29-storey tower in Dubai Marina completed in 2019 by Tebyan Real Estate Development Enterprises. It last sold on 13 February 2024 for AED 2,400,000, or AED 2,775 per sqft, 20% above the AED 2,312 one-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 11 August 2024, is AED 125,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 12,600 a year.

Sales and rents for 1-1607 over time

Sales
Unit 1-1607, each saleTypical one-bed in Sparkle Tower A
2M2015201820212024Typical sale price by year: 2015 AED 1,830,983; 2016 AED 1,652,048; 2017 AED 1,668,519; 2018 AED 1,254,157; 2019 AED 1,315,000; 2020 AED 1,412,500; 2021 AED 1,350,000; 2022 AED 1,487,500; 2023 AED 1,810,000; 2024 AED 2,050,000; 2025 AED 1,985,000Sold by developer, January 2020: AED 1,405,000 (AED 1,624 per sqft)Sold, February 2024: AED 2,400,000 (AED 2,775 per sqft)

1-1607 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1-1607, each contractTypical one-bed in Sparkle Tower A
75K100K125K2019202120232025Typical rent by year: 2019 AED 84,000; 2020 AED 77,500; 2021 AED 80,000; 2022 AED 88,500; 2023 AED 105,000; 2024 AED 120,000; 2025 AED 120,000Renewal, May 2021: AED 80,000 a yearRenewal, May 2022: AED 80,000 a yearRenewal, May 2023: AED 80,000 a yearNew contract, August 2024: AED 125,000 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 Sparkle Tower A, and where 1-1607 sits

All 92 1-beds →

1-1607 last sold in February 2024 at AED 2,775 per sqft, 20% above what one-beds in Sparkle Tower A were fetching at the time (AED 2,312). Over the last 12 months one-beds sold for AED 1,850,000 to 2,000,000, around AED 2,226 per sqft, and rent for AED 78,750 to 140,000 a year. 1-1607's AED 125,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Jan 20262,000,000
10 Jul 20251,970,000
13 May 20252,200,000
17 Apr 20252,000,000
2 1-bed sales in the last 12 months

Sparkle Tower A

Building

217 apartments, studios to 4-bed over 29 floors in Dubai Marina, completed in 2019 by Tebyan Real Estate Development Enterprises. 6 sold in the last 12 months.

Typical price per sqft
AED 2,171
Typical sale
AED 3.23M
Typical rent
AED 160K /yr
Typical yield
5.9%
Sparkle Tower A, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 217 units in Sparkle Tower A
Value
1-16012-bedAED 2.2M · Jun 2021
1-16022-bedAED 2.3M · Jun 2021
1-16031-bedAED 1.29M · Nov 2018
1-16041-bedAED 1.8M · Nov 2024
1-16052-bedAED 1.98M · Jun 2021
1-16062-bedAED 2M · Jul 2021
1-16081-bedAED 2.4M · Feb 2024

1-1607, Sparkle Tower A in numbers

  • Sold twice: first on 7 January 2020 for AED 1,405,000, last on 13 February 2024 for AED 2,400,000 (AED 2,775 per sqft).
  • Rented since May 2021 on 4 Ejari contracts, from AED 80,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 12,600 a year (AED 14.54 per sqft).
  • One-beds in Sparkle Tower A sold for AED 1,850,000–2,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,171 per sqft.

Source: Dubai Land Department. Updated 11 August 2024.

Questions about 1-1607, Sparkle Tower A

What did unit 1-1607 last sell for?

AED 2,400,000 on 13 February 2024: AED 2,775 per sqft for 865 sqft. The unit has 2 registered sales; the first was AED 1,405,000 in January 2020.

What is the rent for unit 1-1607?

AED 125,000 a year on the contract signed on 11 August 2024. The previous contract, from May 2023, was AED 80,000; the unit has been rented since May 2021.

How big is unit 1-1607?

865 sqft (80.4 sqm): a one-bedroom apartment on the 16th floor of a 29-storey tower completed in 2019.

What is unit 1-1607 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sparkle Tower A sold for AED 1,850,000 to 2,000,000 in the last 12 months, around AED 2,226 per sqft.

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Mortgage on 1-1607, Sparkle Tower A

Starts from the last sale price (AED 2.4M, 13 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →