Studio · 477 sqftSparkle Tower B, Dubai Marina · 12th floor · completed 2019

2-1209, Sparkle Tower B

Sold prices and rental history: sold once, by the developer in September 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2-1209 · DLD and Ejari recordsUpdated 14 April 2023
Last soldAED 875K14 September 2021
Current rentAED 75K /yr14 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2-1209, Sparkle Tower B

What is 2-1209 worth today?

Last sold for AED 875,000 in 2021

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14 Apr 2023RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
22 Feb 2022RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
22 Feb 2022RentedNew contract
AED 75,000/yr12 months · AED 158 per sqft
14 Sep 2021Sold by developerReady
AED 875,000AED 1,834 per sqft

Source: Dubai Land Department. Updated 14 April 2023.

Key facts

Type
Studio apartment
Size
477 sqft
Floor
12th of 14
Parking
B3-77
Developer
Tebyan Real Estate Development Enterprises
Completed
2019
Service charge
AED 6,900 /yr
Last sold
AED 875K · September 2021

About 2-1209, Sparkle Tower B

2-1209 is a studio of 477 sqft on the 12th 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 14 September 2021 for AED 875,000, or AED 1,834 per sqft, 9% above the AED 1,689 studios in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 14 April 2023, is AED 75,000 a year: a gross yield of 8.6% on the 2021 price, before the service charge of about AED 6,900 a year.

Sales and rents for 2-1209 over time

Sales
Unit 2-1209, 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, September 2021: AED 875,000 (AED 1,834 per sqft)

2-1209 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 2-1209, 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, February 2022: AED 75,000 a yearNew contract, February 2022: AED 75,000 a yearNew contract, April 2023: AED 75,000 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 2-1209 sits

All 53 studios →

2-1209 last sold in September 2021 at AED 1,834 per sqft, 9% above what studios in Sparkle Tower B were fetching at the time (AED 1,689). 2-1209's AED 75,000 is in the lower half 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 12th floor

All 126 units in Sparkle Tower B
Value
2-12011-bedAED 1.27M · Feb 2020
2-12021-bedAED 1.7M · Jul 2024
2-12032-bedAED 1.96M · Apr 2021
2-12042-bedAED 2.2M · Oct 2019
2-1205StudioAED 760K · Dec 2022
2-1206StudioAED 720K · Dec 2019
2-12071-bedAED 1.7M · Apr 2024
1–7 of 8

2-1209, Sparkle Tower B in numbers

  • Sold once: by Tebyan Real Estate Development Enterprises on 14 September 2021 for AED 875,000, or AED 1,834 per sqft.
  • Rented since February 2022 on 3 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2021 price is 8.6%, before a service charge of about AED 6,900 a year (AED 14.54 per sqft).

Source: Dubai Land Department. Updated 14 April 2023.

Questions about 2-1209, Sparkle Tower B

What did unit 2-1209 last sell for?

AED 875,000 on 14 September 2021, sold by the developer: AED 1,834 per sqft for 477 sqft. It is the only registered sale of the unit.

What is the rent for unit 2-1209?

AED 75,000 a year on the contract signed on 14 April 2023. The previous contract, from February 2022, was AED 75,000; the unit has been rented since February 2022.

How big is unit 2-1209?

477 sqft (44.3 sqm): a studio on the 12th floor of a 14-storey tower completed in 2019.

What is unit 2-1209 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 2-1209, Sparkle Tower B

Starts from the last sale price (AED 875K, 14 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

Plus AED 41,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →