2-bed · 1,273 sqftSunrise Bay Tower 2, Dubai Harbour · completed 2021

P401, Sunrise Bay Tower 2

Sold prices and rental history: sold 3 times, last in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P401 · DLD and Ejari recordsUpdated 23 August 2022
Last soldAED 1.35M23 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P401, Sunrise Bay Tower 2

What is P401 worth today?

Last sold for AED 1,350,000 in 2022

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23 Aug 2022SoldReady
AED 1,350,000AED 1,060 per sqft
14 Jun 2022SoldReady
AED 1,350,000AED 1,060 per sqft
19 Aug 2021Sold by developerOff-plan
AED 2,138,888AED 1,680 per sqft

Source: Dubai Land Department. Updated 23 August 2022.

Key facts

Type
2-bed apartment
Size
1,273 sqft
Parking
P5-9
Developer
Emaar
Completed
2021
Service charge
AED 27,300 /yr
Last sold
AED 1.35M · August 2022

About P401, Sunrise Bay Tower 2

P401 is a two-bedroom apartment of 1,273 sqft of Sunrise Bay Tower 2, a 26-storey tower in Dubai Harbour completed in 2021 by Emaar. It last sold on 23 August 2022 for AED 1,350,000, or AED 1,060 per sqft, 61% below the AED 2,689 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for P401 over time

Sales
Unit P401, 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, August 2021: AED 2,138,888 (AED 1,680 per sqft)Sold, June 2022: AED 1,350,000 (AED 1,060 per sqft)Sold, August 2022: AED 1,350,000 (AED 1,060 per sqft)

P401 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit P401, 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 180,000

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 P401 sits

All 106 2-beds →

P401 last sold in August 2022 at AED 1,060 per sqft, 61% below what two-beds in Sunrise Bay Tower 2 were fetching at the time (AED 2,689). 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.

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 →

P401, Sunrise Bay Tower 2 in numbers

  • Sold 3 times: first on 19 August 2021 for AED 2,138,888, last on 23 August 2022 for AED 1,350,000 (AED 1,060 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 23 August 2022.

Questions about P401, Sunrise Bay Tower 2

What did unit P401 last sell for?

AED 1,350,000 on 23 August 2022: AED 1,060 per sqft for 1,273 sqft. The unit has 3 registered sales; the first was AED 2,138,888 in August 2021.

How big is unit P401?

1,273 sqft (118.3 sqm): a two-bedroom apartment of a 26-storey tower completed in 2021.

What is unit P401 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.

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Mortgage on P401, Sunrise Bay Tower 2

Starts from the last sale price (AED 1.35M, 23 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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