What is the rental yield in Sparkle Tower 3?

Sparkle Tower 3 returns 7.77% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 71 rental contracts registered in the last 24 months.

How much does a studio in Sparkle Tower 3 cost?

The median registered sale price is AED 1.02M (2,600 AED/sqft), from 11 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in Sparkle Tower 3 selling for right now?

Registered sales of ready units in Sparkle Tower 3 over the last 12 months have a median of 2,609 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in Sparkle Tower 3 risen or fallen?

Median price per square foot moved +0.9% over the last 12 months against the 12 before it, on 11 registered sales. On a sample this size, read the direction rather than the exact figure.

How does Sparkle Tower 3 compare with Dubai Marina?

Its 7.77% gross yield sits +1.0 pts against the Dubai Marina median of 6.80%, computed at the same bedroom grain over the same 24-month window.

Sparkle Tower 3 — sale prices & yield

Buy: 1.02MAED; AED 2,609/sqft
Long-let: 7.77%; AED 80,000/yr
Short-let: 10.70%; AED 472/night · 1.20/sqft

Price per sqft: Median of 6 registered sales of ready units in the last 12 months, most recent February 2026.

Priced off the last 5 sales — most recent February 2026.

Yield spread: +1.0 pts; vs the Dubai Marina median for this unit type
Turnover upside: +14.3%; new tenants pay more than sitting ones — 21 renewals
AED/yr/sqft: AED 178
Sales: 11
Rental contracts: 71
Renewal rent: AED 70,000/yr

12 months: +0.9%

Based on 11 sales and 71 rental contracts in the last 24 months. Rental data covers the whole Sparkle Towers project, not this tower alone.

Sparkle Tower 3 is an apartment building in Dubai Marina, Dubai, one of the towers in the Sparkle Towers development. The closest metro station is Jumeirah Beach Residency, the nearest mall Marina Mall and the nearest landmark Burj Al Arab. Land Department records for it run from 2015 to 2026, 104 registered sales in all — the 11 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in Sparkle Tower 3, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
Studio	AED 1.02M	2600	7.77% +1.0 pts	+0.9%	11
1 bed	AED 1.55M	1997	8.04% +1.8 pts	—	2

Deltas compare each yield with the Dubai Marina median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around Sparkle Tower 3

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
Studio	472	1.20	AED 109,726	AED 80,000	1.4×	10.70%	2+
1 bed	661	0.85	AED 149,954	AED 115,000	1.3×	9.67%	6+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing.

Off-plan vs resale

Units sold off-plan in Sparkle Tower 3 between 2015 and 2015 went for a median of AED 1,925/sqft (AED 880,657). The same building resells today at AED 2,599/sqft (AED 1.03M) — an uplift of +17.0%.

Based on 36 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

8 resales in the last 12 months, against 17 a year on average over 2015–2025.

Sales

Nothing registered in the last 3 months. Try a wider window.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

Nearby

Metro: Jumeirah Beach Residency
Mall: Marina Mall
Landmark: Burj Al Arab

Compare with nearby buildings

The most-traded buildings in Sparkle Towers, on the same figures over the same window.

Highest rental yields in Dubai Marina · Sparkle Tower 3 places 2nd of 64

Common questions

What is the rental yield in Sparkle Tower 3?: Sparkle Tower 3 returns 7.77% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 71 rental contracts registered in the last 24 months.
How much does a studio in Sparkle Tower 3 cost?: The median registered sale price is AED 1.02M (2,600 AED/sqft), from 11 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in Sparkle Tower 3 selling for right now?: Registered sales of ready units in Sparkle Tower 3 over the last 12 months have a median of 2,609 AED/sqft, across 6 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in Sparkle Tower 3 risen or fallen?: Median price per square foot moved +0.9% over the last 12 months against the 12 before it, on 11 registered sales. On a sample this size, read the direction rather than the exact figure.
How does Sparkle Tower 3 compare with Dubai Marina?: Its 7.77% gross yield sits +1.0 pts against the Dubai Marina median of 6.80%, computed at the same bedroom grain over the same 24-month window.

Sparkle Tower 3