2-bed · 1,151 sqftSunrise Bay Tower 2, Dubai Harbour · 4th floor · completed 2021

407, Sunrise Bay Tower 2

Sold prices and rental history: sold once, by the developer in May 2019, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 2.7M13 May 2019
Current rentAED 218K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Sunrise Bay Tower 2

What is 407 worth today?

Last sold for AED 2,695,888 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2024RentedNew contract
AED 218,000/yr12 months · AED 189 per sqft
13 May 2019Sold by developerOff-plan
AED 2,695,888AED 2,342 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,151 sqft
Floor
4th of 26
Parking
P4-15
Developer
Emaar
Completed
2021
Service charge
AED 24,700 /yr
Last sold
AED 2.7M · May 2019

About 407, Sunrise Bay Tower 2

407 is a two-bedroom apartment of 1,151 sqft on the 4th floor of Sunrise Bay Tower 2, a 26-storey tower in Dubai Harbour completed in 2021 by Emaar. The developer sold it on 13 May 2019 for AED 2,695,888, or AED 2,342 per sqft, in line with the AED 2,293 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 October 2024. The current contract, signed on 1 October 2024, is AED 218,000 a year: a gross yield of 8.1% on the 2019 price, before the service charge of about AED 24,700 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Sunrise Bay Tower 2
2M4M2018202120242027Typical sale price by year: 2018 AED 2,295,888; 2019 AED 2,291,888; 2020 AED 2,295,888; 2021 AED 2,812,500; 2022 AED 3,550,000; 2023 AED 4,175,000; 2024 AED 4,650,000; 2025 AED 4,000,000; 2026 AED 3,800,000Sold by developer, May 2019: AED 2,695,888 (AED 2,342 per sqft)

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

Rents
Unit 407, each contractTypical two-bed in Sunrise Bay Tower 2
175K200K225K202220242026Typical rent by year: 2022 AED 230,000; 2023 AED 232,500; 2024 AED 216,500; 2025 AED 210,000; 2026 AED 180,000New contract, October 2024: AED 218,000 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 2, and where 407 sits

All 106 2-beds →

407 last sold in May 2019 at AED 2,342 per sqft, in line with what two-beds in Sunrise Bay Tower 2 were fetching at the time (AED 2,293). Over the last 12 months two-beds sold for AED 3,000,000 to 4,000,000, around AED 2,725 per sqft, and rent for AED 85,995 to 260,000 a year. 407's AED 218,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Sep 20263,000,000
9 Apr 20263,000,000
4 Mar 20264,000,000
26 Feb 20264,000,000
8 2-bed sales in the last 12 months

Sunrise Bay Tower 2

Building

194 apartments, 1-bed to 3-bed over 26 floors in Dubai Harbour, completed in 2021 by Emaar. 12 sold in the last 12 months.

Typical price per sqft
AED 2,698 Down 14.1%
Typical sale
AED 3.6M
Typical rent
AED 170K /yr
Typical yield
5.3%
Sunrise Bay Tower 2, Dubai Harbour: prices, sales and rents →

Other units on the 4th floor

All 194 units in Sunrise Bay Tower 2
Value
4012-bedAED 4M · Jun 2022
4021-bedAED 2.05M · Feb 2024
4031-bedAED 1.59M · May 2021
4042-bedAED 3M · Apr 2026
4053-bedAED 5.58M · Sep 2021
4062-bedAED 4.4M · Feb 2023
4083-bedAED 6.6M · May 2023

407, Sunrise Bay Tower 2 in numbers

  • Sold once: by Emaar on 13 May 2019 for AED 2,695,888, or AED 2,342 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 218,000 a year.
  • At AED 218,000 a year the gross yield on the 2019 price is 8.1%, before a service charge of about AED 24,700 a year (AED 21.45 per sqft).
  • Two-beds in Sunrise Bay Tower 2 sold for AED 3,000,000–4,000,000 in the 12 months to November 2026; the building's median across all types is AED 2,698 per sqft.

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 407, Sunrise Bay Tower 2

What did unit 407 last sell for?

AED 2,695,888 on 13 May 2019, sold by the developer: AED 2,342 per sqft for 1,151 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 218,000 a year on the contract signed on 1 October 2024.

How big is unit 407?

1,151 sqft (106.9 sqm): a two-bedroom apartment on the 4th floor of a 26-storey tower completed in 2021.

What is unit 407 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 2 sold for AED 3,000,000 to 4,000,000 in the last 12 months, around AED 2,725 per sqft.

Selling 407? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 407, Sunrise Bay Tower 2

Starts from the last sale price (AED 2.7M, 13 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,695,888
Deposit, UAE resident (20%)
AED 539,178
Deposit, non-resident (40%)
AED 1,078,355
Monthly over 25 years at 3.7%
AED 11,030

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