2-bed · 1,085 sqft17 Icon Bay, Dubai Creek Harbour · 1st floor · completed 2022

101, 17 Icon Bay

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 101 · DLD and Ejari recordsUpdated 25 May 2024
Last soldAED 1.52M29 September 2019
Current rentAED 100K /yr25 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, 17 Icon Bay

What is 101 worth today?

Last sold for AED 1,518,888 in 2019

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25 May 2024RentedRenewal
AED 100,431/yr9 months · AED 93 per sqft
25 May 2023RentedNew contract
AED 100,000/yr12 months · AED 92 per sqft
29 Sep 2019Sold by developerOff-plan
AED 1,518,888AED 1,399 per sqft

Source: Dubai Land Department. Updated 25 May 2024.

Key facts

Type
2-bed apartment
Size
1,085 sqft
Floor
1st of 43
Parking
G-442
Developer
Emaar
Completed
2022
Service charge
AED 23,400 /yr
Last sold
AED 1.52M · September 2019
Building
17 Icon Bay

About 101, 17 Icon Bay

101 is a two-bedroom apartment of 1,085 sqft on the 1st floor of 17 Icon Bay, a 43-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 29 September 2019 for AED 1,518,888, or AED 1,399 per sqft, in line with the AED 1,373 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 25 May 2024, is AED 100,431 a year: a gross yield of 6.6% on the 2019 price, before the service charge of about AED 23,400 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical two-bed in 17 Icon Bay
1.5M2M2.5M2017202020232026Typical sale price by year: 2017 AED 1,522,888; 2018 AED 1,524,888; 2019 AED 1,524,388; 2020 AED 1,718,888; 2021 AED 1,671,888; 2022 AED 1,678,094; 2023 AED 2,000,000; 2024 AED 2,200,000; 2025 AED 2,475,000; 2026 AED 2,350,000Sold by developer, September 2019: AED 1,518,888 (AED 1,399 per sqft)

101 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 101, each contractTypical two-bed in 17 Icon Bay
100K120K140K20232024202520262027Typical rent by year: 2023 AED 115,000; 2024 AED 125,000; 2025 AED 135,000; 2026 AED 130,000New contract, May 2023: AED 100,000 a yearRenewal, May 2024: AED 100,431 a year

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

2-beds in 17 Icon Bay, and where 101 sits

All 166 2-beds →

101 last sold in September 2019 at AED 1,399 per sqft, in line with what two-beds in 17 Icon Bay were fetching at the time (AED 1,373). Over the last 12 months two-beds sold for AED 1,956,186 to 2,680,000, around AED 2,190 per sqft, and rent for AED 100,000 to 220,000 a year. 101's AED 100,431 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20262,350,000
8 Oct 20262,400,000
18 Sep 20262,450,000
10 Sep 20262,550,000
12 2-bed sales in the last 12 months

17 Icon Bay

Building

326 apartments, 1-bed to 4-bed over 43 floors in Dubai Creek Harbour, completed in 2022 by Emaar. 25 sold in the last 12 months.

Typical price per sqft
AED 2,154 Down 2.4%
Typical sale
AED 2.35M
Typical rent
AED 124K /yr
Typical yield
5.5%
17 Icon Bay, Dubai Creek Harbour: prices, sales and rents →

Other units on the 1st floor

All 326 units in 17 Icon Bay
Value
1022-bedAED 1.58M · Sep 2022
1031-bedAED 1.02M · Sep 2019
1042-bedAED 1.9M · Jun 2023
1052-bedAED 1.44M · Feb 2020

101, 17 Icon Bay in numbers

  • Sold once: by Emaar on 29 September 2019 for AED 1,518,888, or AED 1,399 per sqft.
  • Rented since May 2023 on 2 Ejari contracts, from AED 100,000 to AED 100,431 a year.
  • At AED 100,431 a year the gross yield on the 2019 price is 6.6%, before a service charge of about AED 23,400 a year (AED 21.60 per sqft).
  • Two-beds in 17 Icon Bay sold for AED 1,956,186–2,680,000 in the 12 months to November 2026; the building's median across all types is AED 2,154 per sqft.

Source: Dubai Land Department. Updated 25 May 2024.

Questions about 101, 17 Icon Bay

What did unit 101 last sell for?

AED 1,518,888 on 29 September 2019, sold by the developer: AED 1,399 per sqft for 1,085 sqft. It is the only registered sale of the unit.

What is the rent for unit 101?

AED 100,431 a year on the contract renewed on 25 May 2024. The previous contract, from May 2023, was AED 100,000.

How big is unit 101?

1,085 sqft (100.8 sqm): a two-bedroom apartment on the 1st floor of a 43-storey tower completed in 2022.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 17 Icon Bay sold for AED 1,956,186 to 2,680,000 in the last 12 months, around AED 2,190 per sqft.

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Mortgage on 101, 17 Icon Bay

Starts from the last sale price (AED 1.52M, 29 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,518,888
Deposit, UAE resident (20%)
AED 303,778
Deposit, non-resident (40%)
AED 607,555
Monthly over 25 years at 3.7%
AED 6,214

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →