1-bed · 800 sqftSunrise Bay Tower 1, Dubai Harbour · 7th floor · completed 2021

704, Sunrise Bay Tower 1

Sold prices and rental history: sold 4 times, last in May 2023, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 10 May 2023
Last soldAED 2.53M10 May 2023
Current rentAED 115K /yr13 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Sunrise Bay Tower 1

What is 704 worth today?

Last sold for AED 2,525,000 in 2023

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10 May 2023SoldReady
AED 2,525,000AED 3,158 per sqft
5 Jan 2023SoldReady
AED 2,000,000AED 2,501 per sqft
13 Mar 2022RentedNew contract
AED 115,000/yr12 months · AED 144 per sqft
14 Feb 2022SoldReady
AED 1,700,000AED 2,126 per sqft
12 Mar 2019Sold by developerOff-plan
AED 1,479,888AED 1,850 per sqft

Source: Dubai Land Department. Updated 10 May 2023.

Key facts

Type
1-bed apartment
Size
800 sqft
Floor
7th of 26
Parking
P4-8
Developer
Emaar
Completed
2021
Service charge
AED 17,200 /yr
Last sold
AED 2.53M · May 2023

About 704, Sunrise Bay Tower 1

704 is a one-bedroom apartment of 800 sqft on the 7th floor of Sunrise Bay Tower 1, a 26-storey tower in Dubai Harbour completed in 2021 by Emaar. It last sold on 10 May 2023 for AED 2,525,000, or AED 3,158 per sqft, 4% above the AED 3,035 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 13 March 2022. The current contract, signed on 13 March 2022, is AED 115,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 17,200 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Sunrise Bay Tower 1
2M2018202120242027Typical sale price by year: 2018 AED 1,494,888; 2019 AED 1,522,388; 2020 AED 1,250,000; 2021 AED 1,560,000; 2022 AED 2,025,000; 2023 AED 2,525,000; 2024 AED 2,575,000; 2025 AED 2,150,000; 2026 AED 2,600,000Sold by developer, March 2019: AED 1,479,888 (AED 1,850 per sqft)Sold, February 2022: AED 1,700,000 (AED 2,126 per sqft)Sold, January 2023: AED 2,000,000 (AED 2,501 per sqft)Sold, May 2023: AED 2,525,000 (AED 3,158 per sqft)

704 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 704, each contractTypical one-bed in Sunrise Bay Tower 1
120K140K2021202320252027Typical rent by year: 2021 AED 115,000; 2022 AED 115,000; 2023 AED 145,000; 2024 AED 141,750; 2025 AED 130,000; 2026 AED 117,500New contract, March 2022: AED 115,000 a year

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

1-beds in Sunrise Bay Tower 1, and where 704 sits

All 63 1-beds →

704 last sold in May 2023 at AED 3,158 per sqft, 4% above what one-beds in Sunrise Bay Tower 1 were fetching at the time (AED 3,035). Over the last 12 months one-beds sold for AED 2,000,000 to 2,676,500, around AED 2,898 per sqft, and rent for AED 80,000 to 175,000 a year. 704's AED 115,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Oct 20262,676,500
8 Sep 20262,225,000
13 Feb 20262,600,000
29 Dec 20252,125,000
8 1-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 7th floor

All 187 units in Sunrise Bay Tower 1
Value
7013-bedAED 4.85M · Apr 2021
7022-bedAED 4.5M · Jun 2022
7032-bedAED 2.26M · Feb 2019
7052-bedAED 4.45M · Dec 2022
7061-bedAED 2.35M · Dec 2025
7073-bedAED 6.25M · Nov 2022
7082-bedAED 2.93M · Feb 2019

704, Sunrise Bay Tower 1 in numbers

  • Sold 4 times: first on 12 March 2019 for AED 1,479,888, last on 10 May 2023 for AED 2,525,000 (AED 3,158 per sqft).
  • Rented since March 2022 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 17,200 a year (AED 21.45 per sqft).
  • One-beds in Sunrise Bay Tower 1 sold for AED 2,000,000–2,676,500 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 10 May 2023.

Questions about 704, Sunrise Bay Tower 1

What did unit 704 last sell for?

AED 2,525,000 on 10 May 2023: AED 3,158 per sqft for 800 sqft. The unit has 4 registered sales; the first was AED 1,479,888 in March 2019.

What is the rent for unit 704?

AED 115,000 a year on the contract signed on 13 March 2022.

How big is unit 704?

800 sqft (74.3 sqm): a one-bedroom apartment on the 7th floor of a 26-storey tower completed in 2021.

What is unit 704 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sunrise Bay Tower 1 sold for AED 2,000,000 to 2,676,500 in the last 12 months, around AED 2,898 per sqft.

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Mortgage on 704, Sunrise Bay Tower 1

Starts from the last sale price (AED 2.53M, 10 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,525,000
Deposit, UAE resident (20%)
AED 505,000
Deposit, non-resident (40%)
AED 1,010,000
Monthly over 25 years at 3.7%
AED 10,331

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