3-bed · 1,911 sqftSunrise Bay Tower 1, Dubai Harbour · 5th floor · completed 2021

501, Sunrise Bay Tower 1

Sold prices and rental history: sold once, by the developer in May 2023, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 24 May 2023
Last soldAED 6.8M24 May 2023
Current rentAED 360K /yr10 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Sunrise Bay Tower 1

What is 501 worth today?

Last sold for AED 6,800,000 in 2023

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24 May 2023Sold by developerReady
AED 6,800,000AED 3,559 per sqft
10 Dec 2021RentedNew contract
AED 360,000/yr12 months · AED 189 per sqft

Source: Dubai Land Department. Updated 24 May 2023.

Key facts

Type
3-bed apartment
Size
1,911 sqft
Floor
5th of 26
Parking
P3-7, P3-8
Developer
Emaar
Completed
2021
Service charge
AED 41,000 /yr
Last sold
AED 6.8M · May 2023

About 501, Sunrise Bay Tower 1

501 is a three-bedroom apartment of 1,911 sqft on the 5th floor of Sunrise Bay Tower 1, a 26-storey tower in Dubai Harbour completed in 2021 by Emaar. The developer sold it on 24 May 2023 for AED 6,800,000, or AED 3,559 per sqft, 6% above the AED 3,368 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 December 2021. The current contract, signed on 10 December 2021, is AED 360,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 41,000 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical three-bed in Sunrise Bay Tower 1
4M6M2019202120232025Typical sale price by year: 2019 AED 4,033,888; 2020 AED 3,926,888; 2021 AED 4,300,888; 2022 AED 5,300,000; 2023 AED 6,587,500; 2024 AED 6,350,000; 2025 AED 6,150,000Sold by developer, May 2023: AED 6,800,000 (AED 3,559 per sqft)

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

Rents
Unit 501, each contractTypical three-bed in Sunrise Bay Tower 1
300K350K400K2021202320252027Typical rent by year: 2022 AED 330,000; 2023 AED 390,000; 2024 AED 395,000; 2025 AED 390,000; 2026 AED 290,000New contract, December 2021: AED 360,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Sunrise Bay Tower 1, and where 501 sits

All 54 3-beds →

501 last sold in May 2023 at AED 3,559 per sqft, 6% above what three-beds in Sunrise Bay Tower 1 were fetching at the time (AED 3,368). Over the last 12 months three-beds sold for AED 5,600,000 to 6,370,000, around AED 3,107 per sqft, and rent for AED 90,000 to 375,000 a year. 501's AED 360,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
28 Oct 20265,600,000
8 Jun 20266,370,000
28 Aug 20256,150,000
9 Jun 20255,600,000
2 3-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 5th floor

All 187 units in Sunrise Bay Tower 1
Value
5022-bedAED 2.16M · Feb 2019
5032-bedAED 3.18M · Apr 2022
5041-bedAED 1.47M · Aug 2019
5052-bedAED 3.83M · Feb 2025
5061-bedAED 1.17M · Sep 2020
5073-bedAED 4.2M · May 2021
5082-bedAED 2.91M · Dec 2019

501, Sunrise Bay Tower 1 in numbers

  • Sold once: by Emaar on 24 May 2023 for AED 6,800,000, or AED 3,559 per sqft.
  • Rented since December 2021 on one Ejari contract, at AED 360,000 a year.
  • At AED 360,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 41,000 a year (AED 21.45 per sqft).
  • Three-beds in Sunrise Bay Tower 1 sold for AED 5,600,000–6,370,000 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 24 May 2023.

Questions about 501, Sunrise Bay Tower 1

What did unit 501 last sell for?

AED 6,800,000 on 24 May 2023, sold by the developer: AED 3,559 per sqft for 1,911 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 360,000 a year on the contract signed on 10 December 2021.

How big is unit 501?

1,911 sqft (177.5 sqm): a three-bedroom apartment on the 5th floor of a 26-storey tower completed in 2021.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sunrise Bay Tower 1 sold for AED 5,600,000 to 6,370,000 in the last 12 months, around AED 3,107 per sqft.

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Mortgage on 501, Sunrise Bay Tower 1

Starts from the last sale price (AED 6.8M, 24 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,800,000
Deposit, UAE resident (20%)
AED 1,360,000
Deposit, non-resident (40%)
AED 2,720,000
Monthly over 25 years at 3.7%
AED 27,821

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