3-bed · 2,097 sqftSunrise Bay Tower 2, Dubai Harbour · 4th floor · completed 2021

408, Sunrise Bay Tower 2

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 7 September 2024
Last soldAED 6.6M11 May 2023
Current rentAED 350K /yr7 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Sunrise Bay Tower 2

What is 408 worth today?

Last sold for AED 6,600,000 in 2023

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7 Sep 2024RentedNew contract
AED 350,000/yr12 months · AED 167 per sqft
1 Aug 2023RentedNew contract
AED 350,000/yr12 months · AED 167 per sqft
11 May 2023SoldReady
AED 6,600,000AED 3,147 per sqft
10 Jan 2023RentedRenewal
AED 340,000/yr12 months · AED 162 per sqft
10 Jan 2022RentedNew contract
AED 330,000/yr12 months · AED 157 per sqft
9 Dec 2021Sold by developerReady
AED 5,583,888AED 2,663 per sqft

Source: Dubai Land Department. Updated 7 September 2024.

Key facts

Type
3-bed apartment
Size
2,097 sqft
Floor
4th of 26
Parking
P5-92, P5-93
Developer
Emaar
Completed
2021
Service charge
AED 45,000 /yr
Last sold
AED 6.6M · May 2023

About 408, Sunrise Bay Tower 2

408 is a three-bedroom apartment of 2,097 sqft on the 4th floor of Sunrise Bay Tower 2, a 26-storey tower in Dubai Harbour completed in 2021 by Emaar. It last sold on 11 May 2023 for AED 6,600,000, or AED 3,147 per sqft, 5% above the AED 3,004 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 7 September 2024, is AED 350,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 45,000 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical three-bed in Sunrise Bay Tower 2
6M202120232025Typical sale price by year: 2021 AED 5,462,931; 2022 AED 5,600,000; 2023 AED 6,600,000; 2024 AED 6,025,000; 2025 AED 6,560,000Sold by developer, December 2021: AED 5,583,888 (AED 2,663 per sqft)Sold, May 2023: AED 6,600,000 (AED 3,147 per sqft)

408 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 408, each contractTypical three-bed in Sunrise Bay Tower 2
350K400K202220242026Typical rent by year: 2022 AED 330,000; 2023 AED 350,000; 2024 AED 380,000; 2025 AED 410,000; 2026 AED 375,000New contract, January 2022: AED 330,000 a yearRenewal, January 2023: AED 340,000 a yearNew contract, August 2023: AED 350,000 a yearNew contract, September 2024: AED 350,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Sunrise Bay Tower 2, and where 408 sits

All 50 3-beds →

408 last sold in May 2023 at AED 3,147 per sqft, 5% above what three-beds in Sunrise Bay Tower 2 were fetching at the time (AED 3,004). Over the last 12 months three-beds sold for AED 5,120,000, around AED 2,441 per sqft, and rent for AED 300,000 to 500,000 a year. 408's AED 350,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
15 Sep 20265,120,000
8 Oct 20256,100,349
28 Jul 20256,100,000
26 Jun 20255,950,000
1 3-bed sale 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
4072-bedAED 2.7M · May 2019

408, Sunrise Bay Tower 2 in numbers

  • Sold twice: first on 9 December 2021 for AED 5,583,888, last on 11 May 2023 for AED 6,600,000 (AED 3,147 per sqft).
  • Rented since January 2022 on 4 Ejari contracts, from AED 330,000 to AED 350,000 a year.
  • At AED 350,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 45,000 a year (AED 21.45 per sqft).
  • Three-beds in Sunrise Bay Tower 2 sold for AED 5,120,000–5,120,000 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 7 September 2024.

Questions about 408, Sunrise Bay Tower 2

What did unit 408 last sell for?

AED 6,600,000 on 11 May 2023: AED 3,147 per sqft for 2,097 sqft. The unit has 2 registered sales; the first was AED 5,583,888 in December 2021.

What is the rent for unit 408?

AED 350,000 a year on the contract signed on 7 September 2024. The previous contract, from August 2023, was AED 350,000; the unit has been rented since January 2022.

How big is unit 408?

2,097 sqft (194.8 sqm): a three-bedroom apartment on the 4th floor of a 26-storey tower completed in 2021.

What is unit 408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Sunrise Bay Tower 2 sold for AED 5,120,000 to 5,120,000 in the last 12 months, around AED 2,441 per sqft.

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Mortgage on 408, Sunrise Bay Tower 2

Starts from the last sale price (AED 6.6M, 11 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 6,600,000
Deposit, UAE resident (20%)
AED 1,320,000
Deposit, non-resident (40%)
AED 2,640,000
Monthly over 25 years at 3.7%
AED 27,003

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