2-bed · 570 sqftSunrise Bay Tower 1, Dubai Harbour · completed 2021

P402, Sunrise Bay Tower 1

Sold prices and rental history: sold 3 times, last in January 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P402 · DLD and Ejari recordsUpdated 28 January 2022
Last soldAED 2M28 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P402, Sunrise Bay Tower 1

What is P402 worth today?

Last sold for AED 2,000,000 in 2022

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28 Jan 2022SoldReady
AED 2,000,000AED 1,753 per sqft
14 Dec 2020SoldOff-plan
AED 1,650,000AED 1,446 per sqft
3 Jul 2019Sold by developerOff-plan
AED 1,903,888AED 1,669 per sqft

Source: Dubai Land Department. Updated 28 January 2022.

Key facts

Type
2-bed apartment
Size
570 sqft
Parking
P4-74
Developer
Emaar
Completed
2021
Service charge
AED 12,200 /yr
Last sold
AED 2M · January 2022

About P402, Sunrise Bay Tower 1

P402 is a two-bedroom apartment of 570 sqft of Sunrise Bay Tower 1, a 26-storey tower in Dubai Harbour completed in 2021 by Emaar. It last sold on 28 January 2022 for AED 2,000,000, or AED 1,753 per sqft, 15% below the AED 2,054 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for P402 over time

Sales
Unit P402, 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, July 2019: AED 1,903,888 (AED 1,669 per sqft)Sold, December 2020: AED 1,650,000 (AED 1,446 per sqft)Sold, January 2022: AED 2,000,000 (AED 1,753 per sqft)

P402 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit P402, 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 167,500

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 P402 sits

All 97 2-beds →

P402 last sold in January 2022 at AED 1,753 per sqft, 15% below what two-beds in Sunrise Bay Tower 1 were fetching at the time (AED 2,054). 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.

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 →

P402, Sunrise Bay Tower 1 in numbers

  • Sold 3 times: first on 3 July 2019 for AED 1,903,888, last on 28 January 2022 for AED 2,000,000 (AED 1,753 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 28 January 2022.

Questions about P402, Sunrise Bay Tower 1

What did unit P402 last sell for?

AED 2,000,000 on 28 January 2022: AED 1,753 per sqft for 570 sqft. The unit has 3 registered sales; the first was AED 1,903,888 in July 2019.

How big is unit P402?

570 sqft (53.0 sqm): a two-bedroom apartment of a 26-storey tower completed in 2021.

What is unit P402 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 P402, Sunrise Bay Tower 1

Starts from the last sale price (AED 2M, 28 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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