2-bed · 1,166 sqftBeach Isle Tower 1, Dubai Harbour · 7th floor · completed 2023

705, Beach Isle Tower 1

Sold prices and rental history: sold 3 times, last in October 2022, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 4.4M17 October 2022
Current rentAED 285K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Beach Isle Tower 1

What is 705 worth today?

Last sold for AED 4,400,000 in 2022

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15 Aug 2024RentedNew contract
AED 285,000/yr24 months · AED 243 per sqft
17 Oct 2022SoldOff-plan
AED 4,400,000AED 3,773 per sqft
7 Mar 2022SoldOff-plan
AED 2,500,000AED 2,143 per sqft
15 Sep 2021Sold by developerOff-plan
AED 2,948,888AED 2,528 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
1,166 sqft
Floor
7th of 24
Parking
1
Developer
Emaar
Completed
2023
Last sold
AED 4.4M · October 2022

About 705, Beach Isle Tower 1

705 is a two-bedroom apartment of 1,166 sqft on the 7th floor of Beach Isle Tower 1, a 24-storey tower in Dubai Harbour completed in 2023 by Emaar. It last sold on 17 October 2022 for AED 4,400,000, or AED 3,773 per sqft, 49% above the AED 2,535 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2024. The current contract, signed on 15 August 2024, is AED 285,000 a year: a gross yield of 6.5% on the 2022 price.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical two-bed in Beach Isle Tower 1
4M2020202220242026Typical sale price by year: 2020 AED 3,000,888; 2021 AED 2,883,888; 2022 AED 2,841,888; 2023 AED 4,000,000; 2024 AED 4,800,000; 2026 AED 5,050,000Sold by developer, September 2021: AED 2,948,888 (AED 2,528 per sqft)Sold, March 2022: AED 2,500,000 (AED 2,143 per sqft)Sold, October 2022: AED 4,400,000 (AED 3,773 per sqft)

705 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 705, each contractTypical two-bed in Beach Isle Tower 1
250K2024202520262027Typical rent by year: 2024 AED 241,500; 2025 AED 257,500; 2026 AED 215,000New contract, August 2024: AED 285,000 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 Beach Isle Tower 1, and where 705 sits

All 98 2-beds →

705 last sold in October 2022 at AED 3,773 per sqft, 49% above what two-beds in Beach Isle Tower 1 were fetching at the time (AED 2,535). Over the last 12 months two-beds sold for AED 3,625,000 to 5,600,000, around AED 3,715 per sqft, and rent for AED 78,000 to 320,000 a year. 705's AED 285,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Oct 20265,600,000
20 Aug 20264,000,000
12 Aug 20265,500,000
11 Feb 20264,600,000
5 2-bed sales in the last 12 months

Beach Isle Tower 1

Building

217 apartments, 1-bed to 6-bed over 24 floors in Dubai Harbour, completed in 2023 by Emaar. 12 sold in the last 12 months.

Typical price per sqft
AED 3,358 Down 0.9%
Typical sale
AED 4.3M
Typical rent
AED 175K /yr
Typical yield
5.1%
Beach Isle Tower 1, Dubai Harbour: prices, sales and rents →

Other units on the 7th floor

All 217 units in Beach Isle Tower 1
Value
7011-bedAED 3.15M · Dec 2023
7021-bedAED 2.8M · Feb 2024
7032-bedAED 2.79M · Nov 2021
7042-bedAED 3.44M · Jun 2021
7063-bedAED 4.36M · Sep 2021
7072-bedAED 2.56M · Mar 2021
7081-bedAED 2.1M · May 2023
1–7 of 8

705, Beach Isle Tower 1 in numbers

  • Sold 3 times: first on 15 September 2021 for AED 2,948,888, last on 17 October 2022 for AED 4,400,000 (AED 3,773 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 285,000 a year.
  • At AED 285,000 a year the gross yield on the 2022 price is 6.5%.
  • Two-beds in Beach Isle Tower 1 sold for AED 3,625,000–5,600,000 in the 12 months to November 2026; the building's median across all types is AED 3,358 per sqft.

Source: Dubai Land Department. Updated 15 August 2024.

Questions about 705, Beach Isle Tower 1

What did unit 705 last sell for?

AED 4,400,000 on 17 October 2022: AED 3,773 per sqft for 1,166 sqft. The unit has 3 registered sales; the first was AED 2,948,888 in September 2021.

What is the rent for unit 705?

AED 285,000 a year on the contract signed on 15 August 2024.

How big is unit 705?

1,166 sqft (108.3 sqm): a two-bedroom apartment on the 7th floor of a 24-storey tower completed in 2023.

What is unit 705 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Beach Isle Tower 1 sold for AED 3,625,000 to 5,600,000 in the last 12 months, around AED 3,715 per sqft.

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Mortgage on 705, Beach Isle Tower 1

Starts from the last sale price (AED 4.4M, 17 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

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