2-bed · 1,282 sqftSunrise Bay Tower 1, Dubai Harbour · 2nd floor · completed 2021

203, Sunrise Bay Tower 1

Sold prices and rental history: sold twice, last in December 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 2 January 2024
Last soldAED 3.93M22 December 2023
Current rentAED 221K /yr2 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Sunrise Bay Tower 1

What is 203 worth today?

Last sold for AED 3,930,000 in 2023

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2 Jan 2024RentedNew contract
AED 220,593/yr12 months · AED 172 per sqft
22 Dec 2023SoldReady
AED 3,930,000AED 3,065 per sqft
1 Jan 2023RentedNew contract
AED 220,000/yr12 months · AED 172 per sqft
1 Aug 2019Sold by developerOff-plan
AED 2,065,888AED 1,611 per sqft

Source: Dubai Land Department. Updated 2 January 2024.

Key facts

Type
2-bed apartment
Size
1,282 sqft
Floor
2nd of 26
Parking
P4-84
Developer
Emaar
Completed
2021
Service charge
AED 27,500 /yr
Last sold
AED 3.93M · December 2023

About 203, Sunrise Bay Tower 1

203 is a two-bedroom apartment of 1,282 sqft on the 2nd floor of Sunrise Bay Tower 1, a 26-storey tower in Dubai Harbour completed in 2021 by Emaar. It last sold on 22 December 2023 for AED 3,930,000, or AED 3,065 per sqft, 14% below the AED 3,554 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 2 January 2024, is AED 220,593 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 27,500 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical two-bed in Sunrise Bay Tower 1
2M4M2018202120242027Typical 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, August 2019: AED 2,065,888 (AED 1,611 per sqft)Sold, December 2023: AED 3,930,000 (AED 3,065 per sqft)

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

Rents
Unit 203, 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, January 2023: AED 220,000 a yearNew contract, January 2024: AED 220,593 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 203 sits

All 97 2-beds →

203 last sold in December 2023 at AED 3,065 per sqft, 14% below what two-beds in Sunrise Bay Tower 1 were fetching at the time (AED 3,554). 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. 203's AED 220,593 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 2nd floor

All 187 units in Sunrise Bay Tower 1
Value
2013-bedAED 3.94M · Jun 2021
2022-bedAED 3.5M · Aug 2022
2041-bedAED 2.22M · May 2023
2052-bedAED 2.52M · Jun 2021
2061-bedAED 1.25M · Jul 2020
2073-bedAED 4.62M · Oct 2021
2082-bedAED 2.9M · May 2019

203, Sunrise Bay Tower 1 in numbers

  • Sold twice: first on 1 August 2019 for AED 2,065,888, last on 22 December 2023 for AED 3,930,000 (AED 3,065 per sqft).
  • Rented since January 2023 on 2 Ejari contracts, from AED 220,000 to AED 220,593 a year.
  • At AED 220,593 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 27,500 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 2 January 2024.

Questions about 203, Sunrise Bay Tower 1

What did unit 203 last sell for?

AED 3,930,000 on 22 December 2023: AED 3,065 per sqft for 1,282 sqft. The unit has 2 registered sales; the first was AED 2,065,888 in August 2019.

What is the rent for unit 203?

AED 220,593 a year on the contract signed on 2 January 2024. The previous contract, from January 2023, was AED 220,000.

How big is unit 203?

1,282 sqft (119.1 sqm): a two-bedroom apartment on the 2nd floor of a 26-storey tower completed in 2021.

What is unit 203 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 203, Sunrise Bay Tower 1

Starts from the last sale price (AED 3.93M, 22 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,930,000
Deposit, UAE resident (20%)
AED 786,000
Deposit, non-resident (40%)
AED 1,572,000
Monthly over 25 years at 3.7%
AED 16,079

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