2-bed · 1,455 sqftDamac Bay - Tower B, Dubai Harbour · 12th floor · completed 2027

1201, Damac Bay - Tower B

Sold prices and rental history: sold once, by the developer in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 29 May 2023
Last soldAED 5.24M29 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Damac Bay - Tower B

What is 1201 worth today?

Last sold for AED 5,238,000 in 2023

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29 May 2023Sold by developerOff-plan
AED 5,238,000AED 3,599 per sqft

Source: Dubai Land Department. Updated 29 May 2023.

Key facts

Type
2-bed apartment
Size
1,455 sqft
Floor
12th of 48
Parking
1
Developer
DAMAC
Completed
2027
Last sold
AED 5.24M · May 2023

About 1201, Damac Bay - Tower B

1201 is a two-bedroom apartment of 1,455 sqft on the 12th floor of Damac Bay - Tower B, a 48-storey tower in Dubai Harbour completed in 2027 by DAMAC. The developer sold it on 29 May 2023 for AED 5,238,000, or AED 3,599 per sqft, in line with the AED 3,593 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1201 over time

Sales
Unit 1201, each saleTypical two-bed in Damac Bay - Tower B
6M8M2023202420252026Typical sale price by year: 2023 AED 5,338,000; 2024 AED 6,308,000; 2025 AED 7,848,000Sold by developer, May 2023: AED 5,238,000 (AED 3,599 per sqft)

1201 has sold once; the dashed line is the two-bed median of each year in the building.

2-beds in Damac Bay - Tower B, and where 1201 sits

All 78 2-beds →

1201 last sold in May 2023 at AED 3,599 per sqft, in line with what two-beds in Damac Bay - Tower B were fetching at the time (AED 3,593). Over the last 12 months two-beds sold for AED 4,609,000 to 6,233,900, around AED 3,961 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Feb 20266,233,900
10 Dec 20254,609,000
10 Jul 20257,848,000
4 Jun 20259,225,000
2 2-bed sales in the last 12 months

Damac Bay - Tower B

Building

346 apartments, 1-bed to 5-bed over 48 floors in Dubai Harbour, completed in 2027 by DAMAC. 18 sold in the last 12 months.

Typical price per sqft
AED 3,264 Down 2.3%
Typical sale
AED 3.92M
Typical rent
Few contracts
Typical yield
Damac Bay - Tower B, Dubai Harbour: prices, sales and rents →

Other units on the 12th floor

All 346 units in Damac Bay - Tower B
Value
12021-bedAED 3.37M · Jun 2023
12031-bedAED 3.17M · May 2023
12041-bedAED 3.15M · Jun 2023
12051-bedAED 3.22M · Jun 2023
12061-bedAED 3.38M · Jun 2023
12072-bedAED 5.1M · May 2023
12083-bedAED 8.18M · Jun 2023
1–7 of 8

1201, Damac Bay - Tower B in numbers

  • Sold once: by DAMAC on 29 May 2023 for AED 5,238,000, or AED 3,599 per sqft.
  • Two-beds in Damac Bay - Tower B sold for AED 4,609,000–6,233,900 in the 12 months to November 2026; the building's median across all types is AED 3,264 per sqft.

Source: Dubai Land Department. Updated 29 May 2023.

Questions about 1201, Damac Bay - Tower B

What did unit 1201 last sell for?

AED 5,238,000 on 29 May 2023, sold by the developer: AED 3,599 per sqft for 1,455 sqft. It is the only registered sale of the unit.

How big is unit 1201?

1,455 sqft (135.2 sqm): a two-bedroom apartment on the 12th floor of a 48-storey tower completed in 2027.

What is unit 1201 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Damac Bay - Tower B sold for AED 4,609,000 to 6,233,900 in the last 12 months, around AED 3,961 per sqft.

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Mortgage on 1201, Damac Bay - Tower B

Starts from the last sale price (AED 5.24M, 29 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,238,000
Deposit, UAE resident (20%)
AED 1,047,600
Deposit, non-resident (40%)
AED 2,095,200
Monthly over 25 years at 3.7%
AED 21,430

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