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

P404, Sunrise Bay Tower 1

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

Unit P404 · DLD and Ejari recordsUpdated 14 March 2024
Last soldAED 1.35M20 June 2019
Current rentAED 160K /yr14 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P404, Sunrise Bay Tower 1

What is P404 worth today?

Last sold for AED 1,346,888 in 2019

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14 Mar 2024RentedNew contract
AED 160,000/yr12 months · AED 227 per sqft
13 Mar 2023RentedNew contract
AED 160,000/yr12 months · AED 229 per sqft
20 Jun 2019Sold by developerOff-plan
AED 1,346,888AED 1,911 per sqft

Source: Dubai Land Department. Updated 14 March 2024.

Key facts

Type
1-bed apartment
Size
705 sqft
Parking
P5-70
Developer
Emaar
Completed
2021
Service charge
AED 15,100 /yr
Last sold
AED 1.35M · June 2019

About P404, Sunrise Bay Tower 1

P404 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 20 June 2019 for AED 1,346,888, or AED 1,911 per sqft, in line with the AED 1,911 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 14 March 2024, is AED 160,000 a year: a gross yield of 11.9% on the 2019 price, before the service charge of about AED 15,100 a year.

Sales and rents for P404 over time

Sales
Unit P404, 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, June 2019: AED 1,346,888 (AED 1,911 per sqft)

P404 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit P404, each contractTypical one-bed in Sunrise Bay Tower 1
125K150K2021202320252027Typical 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 160,000 a yearNew contract, March 2024: AED 160,000 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 P404 sits

All 63 1-beds →

P404 last sold in June 2019 at AED 1,911 per sqft, in line with what one-beds in Sunrise Bay Tower 1 were fetching at the time (AED 1,911). 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. P404's AED 160,000 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 →

P404, Sunrise Bay Tower 1 in numbers

  • Sold once: by Emaar on 20 June 2019 for AED 1,346,888, or AED 1,911 per sqft.
  • Rented since March 2023 on 2 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2019 price is 11.9%, 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 14 March 2024.

Questions about P404, Sunrise Bay Tower 1

What did unit P404 last sell for?

AED 1,346,888 on 20 June 2019, sold by the developer: AED 1,911 per sqft for 705 sqft. It is the only registered sale of the unit.

What is the rent for unit P404?

AED 160,000 a year on the contract signed on 14 March 2024. The previous contract, from March 2023, was AED 160,000.

How big is unit P404?

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

What is unit P404 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 P404, Sunrise Bay Tower 1

Starts from the last sale price (AED 1.35M, 20 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,346,888
Deposit, UAE resident (20%)
AED 269,378
Deposit, non-resident (40%)
AED 538,755
Monthly over 25 years at 3.7%
AED 5,511

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