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1-bed · 705 sqftSunrise Bay Tower 1, Dubai Harbour · completed 2021

P304, Sunrise Bay Tower 1

Sold prices and rental history: sold once, by the developer in December 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P304 · DLD and Ejari recordsUpdated 8 October 2024
Last soldAED 1.34M26 December 2019
Current rentAED 140K /yr8 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P304, Sunrise Bay Tower 1

What is P304 worth today?

Last sold for AED 1,339,888 in 2019

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8 Oct 2024RentedNew contract
AED 140,000/yr12 months · AED 199 per sqft
15 Mar 2023RentedNew contract
AED 150,000/yr12 months · AED 213 per sqft
26 Dec 2019Sold by developerOff-plan
AED 1,339,888AED 1,901 per sqft

Source: Dubai Land Department. Updated 8 October 2024.

Key facts

Type
1-bed apartment
Size
705 sqft
Parking
P5-69
Developer
Emaar
Completed
2021
Service charge
AED 15,100 /yr
Last sold
AED 1.34M · December 2019
Building
Sunrise Bay Tower 1

About P304, Sunrise Bay Tower 1

P304 is a one-bedroom apartment of 705 sqft of Sunrise Bay Tower 1, a 26-storey tower in Dubai Harbour completed in 2021 by Emaar. The developer sold it on 26 December 2019 for AED 1,339,888, or AED 1,901 per sqft, in line with the AED 1,914 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 8 October 2024, is AED 140,000 a year: a gross yield of 10.4% on the 2019 price, before the service charge of about AED 15,100 a year.

Sales and rents for P304 over time

Sales
Unit P304, 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, December 2019: AED 1,339,888 (AED 1,901 per sqft)

P304 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit P304, 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 2023: AED 150,000 a yearNew contract, October 2024: AED 140,000 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 P304 sits

All 63 1-beds →

P304 last sold in December 2019 at AED 1,901 per sqft, in line with what one-beds in Sunrise Bay Tower 1 were fetching at the time (AED 1,914). 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. P304's AED 140,000 is in the upper 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 →

P304, Sunrise Bay Tower 1 in numbers

  • Sold once: by Emaar on 26 December 2019 for AED 1,339,888, or AED 1,901 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, from AED 150,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2019 price is 10.4%, before a service charge of about AED 15,100 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 8 October 2024.

Questions about P304, Sunrise Bay Tower 1

What did unit P304 last sell for?

AED 1,339,888 on 26 December 2019, sold by the developer: AED 1,901 per sqft for 705 sqft. It is the only registered sale of the unit.

What is the rent for unit P304?

AED 140,000 a year on the contract signed on 8 October 2024. The previous contract, from March 2023, was AED 150,000.

How big is unit P304?

705 sqft (65.5 sqm): a one-bedroom apartment of a 26-storey tower completed in 2021.

What is unit P304 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 P304, Sunrise Bay Tower 1

Starts from the last sale price (AED 1.34M, 26 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,339,888
Deposit, UAE resident (20%)
AED 267,978
Deposit, non-resident (40%)
AED 535,955
Monthly over 25 years at 3.7%
AED 5,482

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