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2-bed · 1,224 sqftSparkle Tower A, Dubai Marina · 29th floor · completed 2019

1-2906, Sparkle Tower A

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

Unit 1-2906 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 3.25M19 April 2024
Current rentAED 160K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1-2906, Sparkle Tower A

What is 1-2906 worth today?

Last sold for AED 3,250,000 in 2024

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1 Jul 2024RentedNew contract
AED 160,000/yr12 months · AED 131 per sqft
19 Apr 2024SoldReady
AED 3,250,000AED 2,655 per sqft
15 Jul 2022Sold by developerReady
AED 2,419,000AED 1,976 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed apartment
Size
1,224 sqft
Floor
29th of 29
Parking
B1-92
Developer
Tebyan Real Estate Development Enterprises
Completed
2019
Service charge
AED 17,800 /yr
Last sold
AED 3.25M · April 2024
Building
Sparkle Tower A

About 1-2906, Sparkle Tower A

1-2906 is a two-bedroom apartment of 1,224 sqft on the 29th 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 19 April 2024 for AED 3,250,000, or AED 2,655 per sqft, in line with the AED 2,655 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2024. The current contract, signed on 1 July 2024, is AED 160,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 17,800 a year.

Sales and rents for 1-2906 over time

Sales
Unit 1-2906, each saleTypical two-bed in Sparkle Tower A
2M3M2015201820212024Typical sale price by year: 2015 AED 2,933,950; 2016 AED 2,263,641; 2017 AED 2,441,404; 2019 AED 2,095,000; 2020 AED 2,175,000; 2021 AED 2,040,650; 2022 AED 2,100,000; 2023 AED 3,050,000; 2024 AED 2,975,000; 2025 AED 2,800,000Sold by developer, July 2022: AED 2,419,000 (AED 1,976 per sqft)Sold, April 2024: AED 3,250,000 (AED 2,655 per sqft)

1-2906 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1-2906, each contractTypical two-bed in Sparkle Tower A
150K20192021202320252027Typical rent by year: 2019 AED 120,000; 2020 AED 115,000; 2021 AED 120,000; 2022 AED 180,000; 2023 AED 180,000; 2024 AED 180,000; 2025 AED 170,000; 2026 AED 175,000New contract, July 2024: AED 160,000 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 Sparkle Tower A, and where 1-2906 sits

All 83 2-beds →

1-2906 last sold in April 2024 at AED 2,655 per sqft, in line with what two-beds in Sparkle Tower A were fetching at the time (AED 2,655). Over the last 12 months two-beds sold for AED 3,150,000 to 3,850,000, around AED 2,203 per sqft, and rent for AED 147,400 to 220,000 a year. 1-2906's AED 160,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Feb 20263,300,000
23 Dec 20253,850,000
15 Dec 20253,150,000
30 Jun 20252,750,000
3 2-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 165K /yr
Typical yield
6.1%
Sparkle Tower A, Dubai Marina: prices, sales and rents →

Other units on the 29th floor

All 217 units in Sparkle Tower A
Value
1-29012-bedAED 2.41M · Jul 2022
1-29022-bedAED 3.25M · Apr 2024
1-29033-bedAED 4.73M · Nov 2017
1-29043-bedAED 4.1M · Jul 2024
1-29052-bedAED 3.25M · Mar 2024

1-2906, Sparkle Tower A in numbers

  • Sold twice: first on 15 July 2022 for AED 2,419,000, last on 19 April 2024 for AED 3,250,000 (AED 2,655 per sqft).
  • Rented since July 2024 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 17,800 a year (AED 14.54 per sqft).
  • Two-beds in Sparkle Tower A sold for AED 3,150,000–3,850,000 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 July 2024.

Questions about 1-2906, Sparkle Tower A

What did unit 1-2906 last sell for?

AED 3,250,000 on 19 April 2024: AED 2,655 per sqft for 1,224 sqft. The unit has 2 registered sales; the first was AED 2,419,000 in July 2022.

What is the rent for unit 1-2906?

AED 160,000 a year on the contract signed on 1 July 2024.

How big is unit 1-2906?

1,224 sqft (113.7 sqm): a two-bedroom apartment on the 29th floor of a 29-storey tower completed in 2019.

What is unit 1-2906 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sparkle Tower A sold for AED 3,150,000 to 3,850,000 in the last 12 months, around AED 2,203 per sqft.

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Mortgage on 1-2906, Sparkle Tower A

Starts from the last sale price (AED 3.25M, 19 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

Plus AED 141,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →