2-bed · 1,140 sqftSunrise Bay Tower 1, Dubai Harbour · 12th floor · completed 2021

1202, Sunrise Bay Tower 1

Sold prices and rental history: sold once, by the developer in February 2019, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 15 February 2022
Last soldAED 2.44M25 February 2019
Current rentAED 190K /yr15 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Sunrise Bay Tower 1

What is 1202 worth today?

Last sold for AED 2,435,888 in 2019

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15 Feb 2022RentedNew contract
AED 190,000/yr12 months · AED 167 per sqft
25 Feb 2019Sold by developerOff-plan
AED 2,435,888AED 2,136 per sqft

Source: Dubai Land Department. Updated 15 February 2022.

Key facts

Type
2-bed apartment
Size
1,140 sqft
Floor
12th of 26
Parking
P2-9
Developer
Emaar
Completed
2021
Service charge
AED 24,500 /yr
Last sold
AED 2.44M · February 2019

About 1202, Sunrise Bay Tower 1

1202 is a two-bedroom apartment of 1,140 sqft on the 12th floor of Sunrise Bay Tower 1, a 26-storey tower in Dubai Harbour completed in 2021 by Emaar. The developer sold it on 25 February 2019 for AED 2,435,888, or AED 2,136 per sqft, 11% above the AED 1,927 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 February 2022. The current contract, signed on 15 February 2022, is AED 190,000 a year: a gross yield of 7.8% on the 2019 price, before the service charge of about AED 24,500 a year.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical two-bed in Sunrise Bay Tower 1
4M2018202120242027Typical sale price by year: 2018 AED 2,531,888; 2019 AED 2,536,888; 2020 AED 2,500,000; 2021 AED 2,580,888; 2022 AED 3,600,000; 2023 AED 4,700,000; 2024 AED 4,200,000; 2025 AED 3,610,000; 2026 AED 3,050,000Sold by developer, February 2019: AED 2,435,888 (AED 2,136 per sqft)

1202 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1202, each contractTypical two-bed in Sunrise Bay Tower 1
200K202220242026Typical rent by year: 2022 AED 205,000; 2023 AED 225,000; 2024 AED 215,000; 2025 AED 200,000; 2026 AED 167,500New contract, February 2022: AED 190,000 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 Sunrise Bay Tower 1, and where 1202 sits

All 97 2-beds →

1202 last sold in February 2019 at AED 2,136 per sqft, 11% above what two-beds in Sunrise Bay Tower 1 were fetching at the time (AED 1,927). Over the last 12 months two-beds sold for AED 2,781,160 to 3,350,000, around AED 2,377 per sqft, and rent for AED 99,999 to 252,000 a year. 1202's AED 190,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Jun 20262,781,160
11 May 20263,050,000
23 Feb 20263,350,000
3 Oct 20254,000,000
3 2-bed sales in the last 12 months

Sunrise Bay Tower 1

Building

187 apartments, 1-bed to 4-bed over 26 floors in Dubai Harbour, completed in 2021 by Emaar. 13 sold in the last 12 months.

Typical price per sqft
AED 2,838 Down 7.5%
Typical sale
AED 2.65M
Typical rent
AED 145K /yr
Typical yield
5.3%
Sunrise Bay Tower 1, Dubai Harbour: prices, sales and rents →

Other units on the 12th floor

All 187 units in Sunrise Bay Tower 1
Value
12013-bedAED 6.65M · Jul 2023
12032-bedAED 2.46M · Jun 2020
12041-bedAED 2.75M · Jun 2023
12052-bedAED 4.7M · Feb 2023
12061-bedAED 2.65M · Nov 2024
12073-bedAED 4.25M · Apr 2021
12082-bedAED 4.9M · Jul 2023

1202, Sunrise Bay Tower 1 in numbers

  • Sold once: by Emaar on 25 February 2019 for AED 2,435,888, or AED 2,136 per sqft.
  • Rented since February 2022 on one Ejari contract, at AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2019 price is 7.8%, before a service charge of about AED 24,500 a year (AED 21.45 per sqft).
  • Two-beds in Sunrise Bay Tower 1 sold for AED 2,781,160–3,350,000 in the 12 months to November 2026; the building's median across all types is AED 2,838 per sqft.

Source: Dubai Land Department. Updated 15 February 2022.

Questions about 1202, Sunrise Bay Tower 1

What did unit 1202 last sell for?

AED 2,435,888 on 25 February 2019, sold by the developer: AED 2,136 per sqft for 1,140 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 190,000 a year on the contract signed on 15 February 2022.

How big is unit 1202?

1,140 sqft (105.9 sqm): a two-bedroom apartment on the 12th floor of a 26-storey tower completed in 2021.

What is unit 1202 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Sunrise Bay Tower 1 sold for AED 2,781,160 to 3,350,000 in the last 12 months, around AED 2,377 per sqft.

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Mortgage on 1202, Sunrise Bay Tower 1

Starts from the last sale price (AED 2.44M, 25 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,435,888
Deposit, UAE resident (20%)
AED 487,178
Deposit, non-resident (40%)
AED 974,355
Monthly over 25 years at 3.7%
AED 9,966

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