1-bed · 970 sqftSparkle Tower B, Dubai Marina · 10th floor · completed 2019

2-1001, Sparkle Tower B

Sold prices and rental history: sold once, by the developer in September 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2-1001 · DLD and Ejari recordsUpdated 25 August 2024
Last soldAED 1.16M29 September 2019
Current rentAED 125K /yr25 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2-1001, Sparkle Tower B

What is 2-1001 worth today?

Last sold for AED 1,164,076 in 2019

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25 Aug 2024RentedNew contract
AED 124,665/yr12 months · AED 129 per sqft
26 May 2023RentedNew contract
AED 125,000/yr12 months · AED 129 per sqft
29 Sep 2019Sold by developerReady
AED 1,164,076AED 1,199 per sqft

Source: Dubai Land Department. Updated 25 August 2024.

Key facts

Type
1-bed apartment
Size
970 sqft
Floor
10th of 14
Parking
B3-19
Developer
Tebyan Real Estate Development Enterprises
Completed
2019
Service charge
AED 14,100 /yr
Last sold
AED 1.16M · September 2019

About 2-1001, Sparkle Tower B

2-1001 is a one-bedroom apartment of 970 sqft on the 10th floor of Sparkle Tower B, a 14-storey tower in Dubai Marina completed in 2019 by Tebyan Real Estate Development Enterprises. The developer sold it on 29 September 2019 for AED 1,164,076, or AED 1,199 per sqft, 14% below the AED 1,401 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 25 August 2024, is AED 124,665 a year: a gross yield of 10.7% on the 2019 price, before the service charge of about AED 14,100 a year.

Sales and rents for 2-1001 over time

Sales
Unit 2-1001, each saleTypical one-bed in Sparkle Tower B
1.5M2019202120232025Typical sale price by year: 2019 AED 1,179,000; 2020 AED 1,190,000; 2021 AED 1,141,305; 2022 AED 1,500,000; 2023 AED 1,696,905; 2024 AED 1,650,000Sold by developer, September 2019: AED 1,164,076 (AED 1,199 per sqft)

2-1001 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2-1001, each contractTypical one-bed in Sparkle Tower B
100K20192021202320252027Typical rent by year: 2019 AED 75,000; 2020 AED 72,500; 2021 AED 67,500; 2022 AED 99,862; 2023 AED 115,000; 2024 AED 110,000; 2025 AED 112,500; 2026 AED 115,000New contract, May 2023: AED 125,000 a yearNew contract, August 2024: AED 124,665 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 B, and where 2-1001 sits

All 41 1-beds →

2-1001 last sold in September 2019 at AED 1,199 per sqft, 14% below what one-beds in Sparkle Tower B were fetching at the time (AED 1,401). Over the last 12 months one-beds sold for AED 58,812, around AED 71 per sqft, and rent for AED 100,000 to 127,000 a year. 2-1001's AED 124,665 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Dec 202558,812
26 Jun 202514,469
24 Feb 20251,750,000
17 Dec 202435,956
1 1-bed sale in the last 12 months

Sparkle Tower B

Building

126 apartments, studios to 2-bed over 14 floors in Dubai Marina, completed in 2019 by Tebyan Real Estate Development Enterprises. 1 sold in the last 12 months.

Typical price per sqft
AED 71
Typical sale
AED 59K
Typical rent
AED 115K /yr
Typical yield
184.1%
Sparkle Tower B, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 126 units in Sparkle Tower B
Value
2-10021-bedAED 1.2M · Mar 2020
2-10032-bedAED 2.85M · May 2023
2-10042-bedAED 2.22M · Dec 2019
2-1005StudioAED 841K · Apr 2015
2-1006StudioAED 700K · Sep 2020
2-10071-bedAED 1.23M · Oct 2019
2-1008AED 780K · Jul 2021
1–7 of 8

2-1001, Sparkle Tower B in numbers

  • Sold once: by Tebyan Real Estate Development Enterprises on 29 September 2019 for AED 1,164,076, or AED 1,199 per sqft.
  • Rented since May 2023 on 2 Ejari contracts, from AED 125,000 to AED 124,665 a year.
  • At AED 124,665 a year the gross yield on the 2019 price is 10.7%, before a service charge of about AED 14,100 a year (AED 14.54 per sqft).
  • One-beds in Sparkle Tower B sold for AED 58,812–58,812 in the 12 months to November 2026; the building's median across all types is AED 71 per sqft.

Source: Dubai Land Department. Updated 25 August 2024.

Questions about 2-1001, Sparkle Tower B

What did unit 2-1001 last sell for?

AED 1,164,076 on 29 September 2019, sold by the developer: AED 1,199 per sqft for 970 sqft. It is the only registered sale of the unit.

What is the rent for unit 2-1001?

AED 124,665 a year on the contract signed on 25 August 2024. The previous contract, from May 2023, was AED 125,000.

How big is unit 2-1001?

970 sqft (90.1 sqm): a one-bedroom apartment on the 10th floor of a 14-storey tower completed in 2019.

What is unit 2-1001 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 B sold for AED 58,812 to 58,812 in the last 12 months, around AED 71 per sqft.

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Mortgage on 2-1001, Sparkle Tower B

Starts from the last sale price (AED 1.16M, 29 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,164,076
Deposit, UAE resident (20%)
AED 232,815
Deposit, non-resident (40%)
AED 465,630
Monthly over 25 years at 3.7%
AED 4,763

Plus AED 53,901 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →