3-bed · 2,018 sqftDorra Bay Tower, Dubai Marina · 13th floor · completed 2008

1303, Dorra Bay Tower

Sold prices and rental history: sold 3 times, last in December 2020, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 28 December 2020
Last soldAED 1.7M28 December 2020
Current rentAED 240K /yr1 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1303, Dorra Bay Tower

What is 1303 worth today?

Last sold for AED 1,700,000 in 2020

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28 Dec 2020SoldReady
AED 1,700,000AED 842 per sqft
1 Feb 2017RentedNew contract
AED 240,000/yr12 months · AED 119 per sqft
1 Nov 2014RentedNew contract
AED 180,000/yr12 months · AED 89 per sqft
15 Sep 2013RentedNew contract
AED 155,000/yr12 months · AED 77 per sqft
27 Jul 2009SoldReady
AED 1,550,000AED 768 per sqft
23 Jun 2009Sold by developerReady
AED 1,000,000AED 495 per sqft

Source: Dubai Land Department. Updated 28 December 2020.

Key facts

Type
3-bed apartment
Size
2,018 sqft
Floor
13th of 21
Parking
105A / 106A
Developer
Cayan Real Estate Investment & Development
Completed
2008
Service charge
AED 42,300 /yr
Last sold
AED 1.7M · December 2020

About 1303, Dorra Bay Tower

1303 is a three-bedroom apartment of 2,018 sqft on the 13th floor of Dorra Bay Tower, a 21-storey tower in Dubai Marina completed in 2008 by Cayan Real Estate Investment & Development. It last sold on 28 December 2020 for AED 1,700,000, or AED 842 per sqft, 22% above the AED 693 three-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 February 2017, is AED 240,000 a year: a gross yield of 14.1% on the 2020 price, before the service charge of about AED 42,300 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical three-bed in Dorra Bay Tower
1M2M3M2009201420192024Typical sale price by year: 2009 AED 1,520,668; 2011 AED 1,787,500; 2012 AED 1,925,000; 2013 AED 2,500,000; 2014 AED 2,860,000; 2015 AED 1,821,123; 2019 AED 1,487,500; 2020 AED 1,550,000; 2021 AED 2,187,500; 2022 AED 1,823,500; 2023 AED 2,200,000; 2025 AED 2,850,000; 2026 AED 2,830,000Sold by developer, June 2009: AED 1,000,000 (AED 495 per sqft)Sold, July 2009: AED 1,550,000 (AED 768 per sqft)Sold, December 2020: AED 1,700,000 (AED 842 per sqft)

1303 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1303, each contractTypical three-bed in Dorra Bay Tower
100K200K2012201620202024Typical rent by year: 2012 AED 135,750; 2013 AED 150,000; 2014 AED 165,000; 2015 AED 162,500; 2016 AED 165,000; 2017 AED 164,000; 2018 AED 150,000; 2019 AED 120,000; 2020 AED 117,500; 2021 AED 120,000; 2022 AED 126,500; 2023 AED 139,150; 2024 AED 170,000; 2025 AED 184,000; 2026 AED 175,000New contract, September 2013: AED 155,000 a yearNew contract, November 2014: AED 180,000 a yearNew contract, February 2017: AED 240,000 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 Dorra Bay Tower, and where 1303 sits

All 49 3-beds →

1303 last sold in December 2020 at AED 842 per sqft, 22% above what three-beds in Dorra Bay Tower were fetching at the time (AED 693). Over the last 12 months three-beds sold for AED 2,675,000 to 3,300,000, around AED 1,465 per sqft, and rent for AED 80,000 to 199,446 a year. 1303's AED 240,000 is at the top of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
30 Mar 20263,300,000
26 Mar 20262,675,000
24 Mar 20262,750,000
19 Jan 20262,910,000
4 3-bed sales in the last 12 months

Dorra Bay Tower

Building

189 apartments, 1-bed to 4-bed over 21 floors in Dubai Marina, completed in 2008 by Cayan Real Estate Investment & Development. 17 sold in the last 12 months.

Typical price per sqft
AED 1,488 Up 3.6%
Typical sale
AED 2.18M
Typical rent
AED 105K /yr
Typical yield
6.4%
Dorra Bay Tower, Dubai Marina: prices, sales and rents →

Other units on the 13th floor

All 189 units in Dorra Bay Tower
Value
13013-bedAED 2.27M · Apr 2009
13022-bedAED 1.7M · Feb 2010
13042-bedAED 1.03M · Dec 2020
13053-bedAED 1.5M · Aug 2015
13062-bedAED 2.07M · Oct 2014
13073-bedAED 1.25M · Mar 2020
13082-bedAED 1.89M · Apr 2026

1303, Dorra Bay Tower in numbers

  • Sold 3 times: first on 23 June 2009 for AED 1,000,000, last on 28 December 2020 for AED 1,700,000 (AED 842 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, from AED 155,000 to AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2020 price is 14.1%, before a service charge of about AED 42,300 a year (AED 20.98 per sqft).
  • Three-beds in Dorra Bay Tower sold for AED 2,675,000–3,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,488 per sqft.

Source: Dubai Land Department. Updated 28 December 2020.

Questions about 1303, Dorra Bay Tower

What did unit 1303 last sell for?

AED 1,700,000 on 28 December 2020: AED 842 per sqft for 2,018 sqft. The unit has 3 registered sales; the first was AED 1,000,000 in June 2009.

What is the rent for unit 1303?

AED 240,000 a year on the contract signed on 1 February 2017. The previous contract, from November 2014, was AED 180,000; the unit has been rented since September 2013.

How big is unit 1303?

2,018 sqft (187.5 sqm): a three-bedroom apartment on the 13th floor of a 21-storey tower completed in 2008.

What is unit 1303 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Dorra Bay Tower sold for AED 2,675,000 to 3,300,000 in the last 12 months, around AED 1,465 per sqft.

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Mortgage on 1303, Dorra Bay Tower

Starts from the last sale price (AED 1.7M, 28 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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