2-bed · 1,079 sqft17 Icon Bay, Dubai Creek Harbour · 4th floor · completed 2022

401, 17 Icon Bay

Sold prices and rental history: sold once, by the developer in October 2021, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.67M26 October 2021
Current rentAED 105K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, 17 Icon Bay

What is 401 worth today?

Last sold for AED 1,666,888 in 2021

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1 Sep 2024RentedNew contract
AED 105,000/yr12 months · AED 97 per sqft
26 Oct 2021Sold by developerOff-plan
AED 1,666,888AED 1,544 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed apartment
Size
1,079 sqft
Floor
4th of 43
Parking
G-400
Developer
Emaar
Completed
2022
Service charge
AED 23,300 /yr
Last sold
AED 1.67M · October 2021
Building
17 Icon Bay

About 401, 17 Icon Bay

401 is a two-bedroom apartment of 1,079 sqft on the 4th floor of 17 Icon Bay, a 43-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. The developer sold it on 26 October 2021 for AED 1,666,888, or AED 1,544 per sqft, in line with the AED 1,524 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2024. The current contract, signed on 1 September 2024, is AED 105,000 a year: a gross yield of 6.3% on the 2021 price, before the service charge of about AED 23,300 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, October 2021: AED 1,666,888 (AED 1,544 per sqft)

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

Rents
Unit 401, 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, September 2024: AED 105,000 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 401 sits

All 166 2-beds →

401 last sold in October 2021 at AED 1,544 per sqft, in line with what two-beds in 17 Icon Bay were fetching at the time (AED 1,524). 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. 401's AED 105,000 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 4th floor

All 326 units in 17 Icon Bay
Value
4022-bedAED 2M · Jun 2023
4031-bedAED 970K · Dec 2019
4042-bedAED 2M · Feb 2025
4052-bedAED 1.4M · Sep 2018
4062-bedAED 2.23M · Aug 2024
4071-bedAED 1.3M · Apr 2023
4081-bedAED 1.1M · Dec 2022
1–7 of 8

401, 17 Icon Bay in numbers

  • Sold once: by Emaar on 26 October 2021 for AED 1,666,888, or AED 1,544 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2021 price is 6.3%, before a service charge of about AED 23,300 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 1 September 2024.

Questions about 401, 17 Icon Bay

What did unit 401 last sell for?

AED 1,666,888 on 26 October 2021, sold by the developer: AED 1,544 per sqft for 1,079 sqft. It is the only registered sale of the unit.

What is the rent for unit 401?

AED 105,000 a year on the contract signed on 1 September 2024.

How big is unit 401?

1,079 sqft (100.2 sqm): a two-bedroom apartment on the 4th floor of a 43-storey tower completed in 2022.

What is unit 401 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 401, 17 Icon Bay

Starts from the last sale price (AED 1.67M, 26 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,666,888
Deposit, UAE resident (20%)
AED 333,378
Deposit, non-resident (40%)
AED 666,755
Monthly over 25 years at 3.7%
AED 6,820

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