3-bed · 2,097 sqftSunrise Bay Tower 2, Dubai Harbour · 5th floor · completed 2021

508, Sunrise Bay Tower 2

Sold prices and rental history: sold once, by the developer in July 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 5.59M12 July 2021
Current rentAED 550K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Sunrise Bay Tower 2

What is 508 worth today?

Last sold for AED 5,594,888 in 2021

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1 Apr 2024RentedRenewal
AED 550,000/yr12 months · AED 263 per sqft
1 Apr 2023RentedNew contract
AED 550,000/yr12 months · AED 262 per sqft
12 Jul 2021Sold by developerOff-plan
AED 5,594,888AED 2,668 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
3-bed apartment
Size
2,097 sqft
Floor
5th of 26
Parking
P1-47, P1-48
Developer
Emaar
Completed
2021
Service charge
AED 45,000 /yr
Last sold
AED 5.59M · July 2021

About 508, Sunrise Bay Tower 2

508 is a three-bedroom apartment of 2,097 sqft on the 5th floor of Sunrise Bay Tower 2, a 26-storey tower in Dubai Harbour completed in 2021 by Emaar. The developer sold it on 12 July 2021 for AED 5,594,888, or AED 2,668 per sqft, 17% above the AED 2,280 three-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 April 2024, is AED 550,000 a year: a gross yield of 9.8% on the 2021 price, before the service charge of about AED 45,000 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, July 2021: AED 5,594,888 (AED 2,668 per sqft)

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

Rents
Unit 508, each contractTypical three-bed in Sunrise Bay Tower 2
300K400K500K202220242026Typical rent by year: 2022 AED 330,000; 2023 AED 350,000; 2024 AED 380,000; 2025 AED 410,000; 2026 AED 375,000New contract, April 2023: AED 550,000 a yearRenewal, April 2024: AED 550,000 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 508 sits

All 50 3-beds →

508 last sold in July 2021 at AED 2,668 per sqft, 17% above what three-beds in Sunrise Bay Tower 2 were fetching at the time (AED 2,280). 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. 508's AED 550,000 is at the top 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 5th floor

All 194 units in Sunrise Bay Tower 2
Value
5012-bedAED 2.22M · Jan 2019
5021-bedAED 2M · Nov 2021
5031-bedAED 1.4M · Mar 2019
5042-bedAED 2.22M · Feb 2020
5053-bedAED 6.1M · Oct 2025
5062-bedAED 4.35M · Oct 2024
5072-bedAED 3.55M · May 2022

508, Sunrise Bay Tower 2 in numbers

  • Sold once: by Emaar on 12 July 2021 for AED 5,594,888, or AED 2,668 per sqft.
  • Rented since April 2023 on 2 Ejari contracts, at AED 550,000 a year.
  • At AED 550,000 a year the gross yield on the 2021 price is 9.8%, 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 1 April 2024.

Questions about 508, Sunrise Bay Tower 2

What did unit 508 last sell for?

AED 5,594,888 on 12 July 2021, sold by the developer: AED 2,668 per sqft for 2,097 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 550,000 a year on the contract renewed on 1 April 2024. The previous contract, from April 2023, was AED 550,000.

How big is unit 508?

2,097 sqft (194.8 sqm): a three-bedroom apartment on the 5th floor of a 26-storey tower completed in 2021.

What is unit 508 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 508, Sunrise Bay Tower 2

Starts from the last sale price (AED 5.59M, 12 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 5,594,888
Deposit, UAE resident (20%)
AED 1,118,978
Deposit, non-resident (40%)
AED 2,237,955
Monthly over 25 years at 3.7%
AED 22,890

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