MISMAK PROPERTIES - SOLE PROPRIETORSHIP L.L.C - DUBAI BRANCH

Opal Tower

Completed · Q4 2012|206 units · 1 podium

Alerts: Get notified of every new DLD-registered sale and rental contract.

Opal Tower is a completed apartment development by MISMAK PROPERTIES - SOLE PROPRIETORSHIP L.L.C - DUBAI BRANCH in Business Bay, comprising 206 registered units. 456 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,201 per sqft. At AED 2,201 per sqft, Opal Tower prices 9% below the Business Bay average of AED 2,432 per sqft on registered sales.

PIX© price · ↑24.5% YoY

3.86MAED

Typical

2,201AED

PSF

Gross yield

1.0%

PIX© rent ÷ PIX© price

Sale records

456

DLD · all time

Rent contracts

5,112

Ejari · all time

SATELLITE

LocationBusiness Bay in Business Bay

Drive times · typical

Downtown Dubai4 min · 1.2 km

DXB Airport15 min · 16.3 km

DIFC11 min · 4.9 km

Dubai Marina24 min · 22.8 km

Palm Jumeirah25 min · 25.1 km

Nearest · straight-line

Metro stationBusiness Bay1.7 km

MallMicro Fashion LLC0.1 km

SchoolProton Academy

HospitalThe Practice for Psychiatry | Dr. Kamelya Goudarzi0.1 km

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Opal Tower2,201AED/sqft · project-wide

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
PIX© Core Project-Wide 666 – 2,205 sqft	206	3.86M	2,201	↑24.5%		40K	1.0%
Office 1,189 – 2,205 sqft	200
Other Commercial —	—	—	—	—	—	—	—
Shop 666 – 2,098 sqft	6	—	—	—		—

Sales — Project-Wide456 DLD records

PIX© price analysis

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Date	Position	Size	Price	PSF	vs Prior Sale	Tier	Type
13 Aug 2026	Floor 16	2,204	5,250,000	2,382	+90.9%	Premium	Standard Sale
20 Jul 2026	Floor 6	1,203	2,075,000	1,724	+11.5%	Standard	Standard Sale
13 Jul 2026	Floor 18	1,203	2,680,000	2,227	—	Premium	Standard Sale

Rentals — Project-Wide5,112 Ejari contracts

PIX© rent analysis

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Corporate

Latest contracts

Start Date	Unit	Size	Rent / Yr	Rent PSF	vs Prior Rent	Tier	Type
3 Apr 2027	—	—	6,000	—	—	Standard	renewal
26 Mar 2027	—	—	5,000	—	—	Standard	renewal
24 Dec 2026	—	—	39,000	—	—	Standard	renewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare2 peers could not be placed

This project

Opal Tower

Compared with

The Prism

PIX© PSF

1,837

Rank

#20 of 35

#19 of 35

Typical price

2.22M

Yield

4.3%

Units

206

300

Sales

109

Rents

1,148

905

Developer

MISMAK PROPERTIES - SOLE PROPRIETORSHIP L.L.C - DUBAI BRANCH

CREDO INVESTMENTS F Z E

Handover

2012

2010

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Sobha Sapphire SOBHA VENTURES LIMITED · 2011	172					79	999
	The Mertopolis DEYAAR DEVELOPMENT (P.J.S.C) · 2011	332					157	739
	Westburry Tower TASAMEEM REAL ESTATE ( TASAMEEM ) OWNED BY UNITED INTERNATIONAL REPRESENTATION OF COMPANIES L L C - SOLE PROPRIETORSHIP L.L.C · 2014	280					95	1,873
	Empire Heights GPD INVESTMENTS SPV ONE LIMITED · 2011	221					141	3,688
	The Prism CREDO INVESTMENTS F Z E · 2010	300					109	905
20	Opal Tower MISMAK PROPERTIES - SOLE PROPRIETORSHIP L.L.C - DUBAI BRANCH · 2012	206	1,837	Subject	2.22M	4.3%	92	1,148
	Xl Tower DAMAC PROPERTIES CO (L.L.C) · 2010	165					74	302
	The Exchange TANMIYAT GLOBAL REAL ESTATE DEVELOPMENT L L C · 2015	188					50	2,802
	Iris Bay SHETH ESTATE (INTERNATIONAL) LIMITED · 2015	202					140	7,341
	Bayswater OMNIYAT PROPERTIES DEVELOPMENT CORPORATION · 2010	298					123	522
	Crystal Tower REEF REAL ESTATE INVESTMENT CO (L.L.C) · 2010	441					25	441

Community median 1,861 AED/sqft. Showing the closest-ranked peers of 35 ranked projects in the community. 12 community projects excluded for insufficient recorded sales. 46 excluded for trading only in the off-plan market. 25 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Business Bay

The closest-priced registered projects in Business Bay.

Chic TowerAED 2,199/sqft
Trillionaire Residences by BinghattiAED 2,198/sqft
Urban OasisAED 2,193/sqft
West Five Business Bay ResidencesAED 2,191/sqft
Empire HeightsAED 2,180/sqft
Luxury Family Residence 2AED 2,240/sqft

Common questions about Opal Tower

Answered from Dubai Land Department registered transactions.

How much does a property in Opal Tower cost?

Property in Opal Tower sells at a current PIX© price of AED 2,201 per sqft, or about AED 3,857,657 for a typical unit, based on 456 sales registered with the Dubai Land Department.

Is Opal Tower completed?

Yes. Opal Tower is recorded as completed in the Dubai Land Department project register (completed q4 2012).

Who is the developer of Opal Tower?

Opal Tower is developed by MISMAK PROPERTIES - SOLE PROPRIETORSHIP L.L.C - DUBAI BRANCH, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Opal Tower?

Opal Tower yields 1.0% gross, calculated from current PIX© rent against current PIX© sale price, across 5,112 registered Ejari contracts.

How many units are in Opal Tower?

Opal Tower holds 206 registered units, per the Dubai Land Department unit register.

Have prices in Opal Tower gone up or down?

Price per sqft has risen +24.5% over the last 12 months, to AED 2,201, across 456 registered sales.