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2-bed · 1,283 sqftSunrise Bay Tower 1, Dubai Harbour · completed 2021

P403, Sunrise Bay Tower 1

Sold prices and rental history: sold once, by the developer in June 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P403 · DLD and Ejari recordsUpdated 19 October 2024
Last soldAED 1.93M18 June 2019
Current rentAED 200K /yr19 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for P403, Sunrise Bay Tower 1

What is P403 worth today?

Last sold for AED 1,927,888 in 2019

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19 Oct 2024RentedRenewal
AED 200,000/yr12 months · AED 156 per sqft
19 Oct 2023RentedNew contract
AED 190,000/yr12 months · AED 148 per sqft
19 Oct 2022RentedNew contract
AED 190,000/yr12 months · AED 148 per sqft
18 Jun 2019Sold by developerOff-plan
AED 1,927,888AED 1,502 per sqft

Source: Dubai Land Department. Updated 19 October 2024.

Key facts

Type
2-bed apartment
Size
1,283 sqft
Parking
P4-76
Developer
Emaar
Completed
2021
Service charge
AED 27,500 /yr
Last sold
AED 1.93M · June 2019
Building
Sunrise Bay Tower 1

About P403, Sunrise Bay Tower 1

P403 is a two-bedroom apartment of 1,283 sqft of Sunrise Bay Tower 1, a 26-storey tower in Dubai Harbour completed in 2021 by Emaar. The developer sold it on 18 June 2019 for AED 1,927,888, or AED 1,502 per sqft, 26% below the AED 2,030 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 19 October 2024, is AED 200,000 a year: a gross yield of 10.4% on the 2019 price, before the service charge of about AED 27,500 a year.

Sales and rents for P403 over time

Sales
Unit P403, 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, June 2019: AED 1,927,888 (AED 1,502 per sqft)

P403 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit P403, 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 167,500New contract, October 2022: AED 190,000 a yearNew contract, October 2023: AED 190,000 a yearRenewal, October 2024: AED 200,000 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 P403 sits

All 97 2-beds →

P403 last sold in June 2019 at AED 1,502 per sqft, 26% below what two-beds in Sunrise Bay Tower 1 were fetching at the time (AED 2,030). 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. P403's AED 200,000 is in the upper half 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 →

P403, Sunrise Bay Tower 1 in numbers

  • Sold once: by Emaar on 18 June 2019 for AED 1,927,888, or AED 1,502 per sqft.
  • Rented since October 2022 on 3 Ejari contracts, from AED 190,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2019 price is 10.4%, before a service charge of about AED 27,500 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 19 October 2024.

Questions about P403, Sunrise Bay Tower 1

What did unit P403 last sell for?

AED 1,927,888 on 18 June 2019, sold by the developer: AED 1,502 per sqft for 1,283 sqft. It is the only registered sale of the unit.

What is the rent for unit P403?

AED 200,000 a year on the contract renewed on 19 October 2024. The previous contract, from October 2023, was AED 190,000; the unit has been rented since October 2022.

How big is unit P403?

1,283 sqft (119.2 sqm): a two-bedroom apartment of a 26-storey tower completed in 2021.

What is unit P403 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 P403, Sunrise Bay Tower 1

Starts from the last sale price (AED 1.93M, 18 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,927,888
Deposit, UAE resident (20%)
AED 385,578
Deposit, non-resident (40%)
AED 771,155
Monthly over 25 years at 3.7%
AED 7,888

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