1-bed · 862 sqftSparkle Tower A, Dubai Marina · 24th floor · completed 2019

1-2403, Sparkle Tower A

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1-2403 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 1.62M8 June 2022
Current rentAED 120K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1-2403, Sparkle Tower A

What is 1-2403 worth today?

Last sold for AED 1,615,000 in 2022

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1 Dec 2024RentedNew contract
AED 120,000/yr12 months · AED 139 per sqft
14 Nov 2023RentedRenewal
AED 115,500/yr12 months · AED 134 per sqft
14 Nov 2022RentedNew contract
AED 105,000/yr12 months · AED 122 per sqft
8 Jun 2022SoldReady
AED 1,615,000AED 1,872 per sqft
10 Nov 2021RentedRenewal
AED 80,000/yr12 months · AED 93 per sqft
10 Nov 2020RentedRenewal
AED 80,000/yr12 months · AED 93 per sqft
10 Nov 2019RentedNew contract
AED 83,000/yr12 months · AED 96 per sqft
7 Aug 2019Sold by developerReady
AED 1,365,000AED 1,582 per sqft

Source: Dubai Land Department. Updated 1 December 2024.

Key facts

Type
1-bed apartment
Size
862 sqft
Floor
24th of 29
Parking
B3-154
Developer
Tebyan Real Estate Development Enterprises
Completed
2019
Service charge
AED 12,500 /yr
Last sold
AED 1.62M · June 2022

About 1-2403, Sparkle Tower A

1-2403 is a one-bedroom apartment of 862 sqft on the 24th 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 8 June 2022 for AED 1,615,000, or AED 1,872 per sqft, 6% above the AED 1,763 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, signed on 1 December 2024, is AED 120,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 12,500 a year.

Sales and rents for 1-2403 over time

Sales
Unit 1-2403, each saleTypical one-bed in Sparkle Tower A
1.5M2M2015201820212024Typical 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, August 2019: AED 1,365,000 (AED 1,582 per sqft)Sold, June 2022: AED 1,615,000 (AED 1,872 per sqft)

1-2403 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1-2403, each contractTypical one-bed in Sparkle Tower A
80K100K120K2019202120232025Typical 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 120,000New contract, November 2019: AED 83,000 a yearRenewal, November 2020: AED 80,000 a yearRenewal, November 2021: AED 80,000 a yearNew contract, November 2022: AED 105,000 a yearRenewal, November 2023: AED 115,500 a yearNew contract, December 2024: AED 120,000 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 1-2403 sits

All 92 1-beds →

1-2403 last sold in June 2022 at AED 1,872 per sqft, 6% above what one-beds in Sparkle Tower A were fetching at the time (AED 1,763). 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. 1-2403's AED 120,000 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 24th floor

All 217 units in Sparkle Tower A
Value
1-24013-bedAED 4.41M · May 2015
1-24023-bedAED 4.41M · May 2015
1-24043-bedAED 2.91M · Jun 2022
1-24053-bedAED 2.92M · Jul 2022
1-24061-bedAED 1.5M · Jun 2022

1-2403, Sparkle Tower A in numbers

  • Sold twice: first on 7 August 2019 for AED 1,365,000, last on 8 June 2022 for AED 1,615,000 (AED 1,872 per sqft).
  • Rented since November 2019 on 6 Ejari contracts, from AED 83,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 7.4%, before a service charge of about AED 12,500 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 1 December 2024.

Questions about 1-2403, Sparkle Tower A

What did unit 1-2403 last sell for?

AED 1,615,000 on 8 June 2022: AED 1,872 per sqft for 862 sqft. The unit has 2 registered sales; the first was AED 1,365,000 in August 2019.

What is the rent for unit 1-2403?

AED 120,000 a year on the contract signed on 1 December 2024. The previous contract, from November 2023, was AED 115,500; the unit has been rented since November 2019.

How big is unit 1-2403?

862 sqft (80.1 sqm): a one-bedroom apartment on the 24th floor of a 29-storey tower completed in 2019.

What is unit 1-2403 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 1-2403, Sparkle Tower A

Starts from the last sale price (AED 1.62M, 8 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,615,000
Deposit, UAE resident (20%)
AED 323,000
Deposit, non-resident (40%)
AED 646,000
Monthly over 25 years at 3.7%
AED 6,607

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