2-bed · 1,219 sqftSunrise Bay Tower 1, Dubai Harbour · completed 2021

P308, Sunrise Bay Tower 1

Sold prices and rental history: sold 3 times, last in June 2024, and rented once, from October 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P308 · DLD and Ejari recordsUpdated 6 June 2024
Last soldAED 4.4M6 June 2024
Current rentAED 270K /yr10 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P308, Sunrise Bay Tower 1

What is P308 worth today?

Last sold for AED 4,400,000 in 2024

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6 Jun 2024SoldReady
AED 4,400,000AED 3,608 per sqft
26 Oct 2022SoldReady
AED 2,500,000AED 2,050 per sqft
10 Oct 2022RentedNew contract
AED 270,000/yr12 months · AED 222 per sqft
20 Aug 2020Sold by developerOff-plan
AED 2,891,888AED 2,371 per sqft

Source: Dubai Land Department. Updated 6 June 2024.

Key facts

Type
2-bed apartment
Size
1,219 sqft
Parking
P1-79
Developer
Emaar
Completed
2021
Service charge
AED 26,200 /yr
Last sold
AED 4.4M · June 2024

About P308, Sunrise Bay Tower 1

P308 is a two-bedroom apartment of 1,219 sqft of Sunrise Bay Tower 1, a 26-storey tower in Dubai Harbour completed in 2021 by Emaar. It last sold on 6 June 2024 for AED 4,400,000, or AED 3,608 per sqft, in line with the AED 3,585 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 October 2022. The current contract, signed on 10 October 2022, is AED 270,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 26,200 a year.

Sales and rents for P308 over time

Sales
Unit P308, each saleTypical two-bed in Sunrise Bay Tower 1
3M4M5M2018202120242027Typical 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 2020: AED 2,891,888 (AED 2,371 per sqft)Sold, October 2022: AED 2,500,000 (AED 2,050 per sqft)Sold, June 2024: AED 4,400,000 (AED 3,608 per sqft)

P308 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit P308, each contractTypical two-bed in Sunrise Bay Tower 1
150K200K250K202220242026Typical rent by year: 2022 AED 205,000; 2023 AED 225,000; 2024 AED 215,000; 2025 AED 200,000; 2026 AED 167,500New contract, October 2022: AED 270,000 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 P308 sits

All 97 2-beds →

P308 last sold in June 2024 at AED 3,608 per sqft, in line with what two-beds in Sunrise Bay Tower 1 were fetching at the time (AED 3,585). 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. P308's AED 270,000 is at the top 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 →

P308, Sunrise Bay Tower 1 in numbers

  • Sold 3 times: first on 20 August 2020 for AED 2,891,888, last on 6 June 2024 for AED 4,400,000 (AED 3,608 per sqft).
  • Rented since October 2022 on one Ejari contract, at AED 270,000 a year.
  • At AED 270,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 26,200 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 6 June 2024.

Questions about P308, Sunrise Bay Tower 1

What did unit P308 last sell for?

AED 4,400,000 on 6 June 2024: AED 3,608 per sqft for 1,219 sqft. The unit has 3 registered sales; the first was AED 2,891,888 in August 2020.

What is the rent for unit P308?

AED 270,000 a year on the contract signed on 10 October 2022.

How big is unit P308?

1,219 sqft (113.2 sqm): a two-bedroom apartment of a 26-storey tower completed in 2021.

What is unit P308 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 P308, Sunrise Bay Tower 1

Starts from the last sale price (AED 4.4M, 6 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

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