Studio · 413 sqftSparkle Tower B, Dubai Marina · 10th floor · completed 2019

2-1006, Sparkle Tower B

Sold prices and rental history: sold twice, last in September 2020, and rented once, from October 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2-1006 · DLD and Ejari recordsUpdated 9 October 2020
Last soldAED 700K1 September 2020
Current rentAED 40K /yr9 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2-1006, Sparkle Tower B

What is 2-1006 worth today?

Last sold for AED 700,000 in 2020

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9 Oct 2020RentedNew contract
AED 40,000/yr12 months · AED 98 per sqft
1 Sep 2020SoldReady
AED 700,000AED 1,696 per sqft
29 Jun 2015Sold by developerOff-plan
AED 847,686AED 2,054 per sqft

Source: Dubai Land Department. Updated 9 October 2020.

Key facts

Type
Studio apartment
Size
413 sqft
Floor
10th of 14
Parking
B3-24
Developer
Tebyan Real Estate Development Enterprises
Completed
2019
Service charge
AED 6,000 /yr
Last sold
AED 700K · September 2020

About 2-1006, Sparkle Tower B

2-1006 is a studio of 413 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. It last sold on 1 September 2020 for AED 700,000, or AED 1,696 per sqft, 6% below the AED 1,809 studios in the building were fetching at the time.

One Ejari contract is registered, from 9 October 2020. The current contract, signed on 9 October 2020, is AED 40,000 a year: a gross yield of 5.7% on the 2020 price, before the service charge of about AED 6,000 a year.

Sales and rents for 2-1006 over time

Sales
Unit 2-1006, each saleTypical studio in Sparkle Tower B
800K1M2015201820212024Typical sale price by year: 2015 AED 900,000; 2016 AED 1,037,326; 2019 AED 753,532; 2021 AED 800,000; 2022 AED 797,500; 2023 AED 975,000; 2024 AED 1,090,000; 2025 AED 1,025,000Sold by developer, June 2015: AED 847,686 (AED 2,054 per sqft)Sold, September 2020: AED 700,000 (AED 1,696 per sqft)

2-1006 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 2-1006, each contractTypical studio in Sparkle Tower B
40K60K80K2019202120232025Typical rent by year: 2019 AED 52,500; 2020 AED 50,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 67,500; 2024 AED 75,000; 2025 AED 73,750New contract, October 2020: AED 40,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Sparkle Tower B, and where 2-1006 sits

All 53 studios →

2-1006 last sold in September 2020 at AED 1,696 per sqft, 6% below what studios in Sparkle Tower B were fetching at the time (AED 1,809). 2-1006's AED 40,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
15 Jul 20251,025,000
3 Jul 20251,025,000
20 Jun 20251,000,000
11 Jun 20251,000,000
0 studio sales 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
2-10011-bedAED 1.16M · Sep 2019
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
2-10071-bedAED 1.23M · Oct 2019
2-1008AED 780K · Jul 2021
1–7 of 8

2-1006, Sparkle Tower B in numbers

  • Sold twice: first on 29 June 2015 for AED 847,686, last on 1 September 2020 for AED 700,000 (AED 1,696 per sqft).
  • Rented since October 2020 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2020 price is 5.7%, before a service charge of about AED 6,000 a year (AED 14.54 per sqft).

Source: Dubai Land Department. Updated 9 October 2020.

Questions about 2-1006, Sparkle Tower B

What did unit 2-1006 last sell for?

AED 700,000 on 1 September 2020: AED 1,696 per sqft for 413 sqft. The unit has 2 registered sales; the first was AED 847,686 in June 2015.

What is the rent for unit 2-1006?

AED 40,000 a year on the contract signed on 9 October 2020.

How big is unit 2-1006?

413 sqft (38.4 sqm): a studio on the 10th floor of a 14-storey tower completed in 2019.

What is unit 2-1006 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 2-1006, Sparkle Tower B

Starts from the last sale price (AED 700K, 1 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →