2-bed · 1,468 sqftDorra Bay Tower, Dubai Marina · 13th floor · completed 2008

1304, Dorra Bay Tower

Sold prices and rental history: sold twice, last in December 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1304 · DLD and Ejari recordsUpdated 15 December 2020
Last soldAED 1.03M15 December 2020
Current rentAED 128K /yr11 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1304, Dorra Bay Tower

What is 1304 worth today?

Last sold for AED 1,025,000 in 2020

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15 Dec 2020SoldReady
AED 1,025,000AED 698 per sqft
11 Aug 2018RentedRenewal
AED 128,250/yr12 months · AED 87 per sqft
11 Aug 2017RentedNew contract
AED 135,000/yr12 months · AED 92 per sqft
11 Sep 2015RentedNew contract
AED 133,082/yr12 months · AED 91 per sqft
4 Sep 2014RentedNew contract
AED 145,000/yr12 months · AED 99 per sqft
27 Oct 2009Sold by developerReady
AED 902,065AED 614 per sqft

Source: Dubai Land Department. Updated 15 December 2020.

Key facts

Type
2-bed apartment
Size
1,468 sqft
Floor
13th of 21
Parking
122B/113B
Developer
Cayan Real Estate Investment & Development
Completed
2008
Service charge
AED 30,800 /yr
Last sold
AED 1.03M · December 2020

About 1304, Dorra Bay Tower

1304 is a two-bedroom apartment of 1,468 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 15 December 2020 for AED 1,025,000, or AED 698 per sqft, 12% below the AED 796 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 11 August 2018, is AED 128,250 a year: a gross yield of 12.5% on the 2020 price, before the service charge of about AED 30,800 a year.

Sales and rents for 1304 over time

Sales
Unit 1304, each saleTypical two-bed in Dorra Bay Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,078,556; 2010 AED 1,269,386; 2011 AED 1,125,000; 2012 AED 1,363,500; 2013 AED 1,650,000; 2014 AED 2,150,000; 2016 AED 1,500,000; 2018 AED 1,575,000; 2019 AED 1,300,000; 2020 AED 1,150,000; 2021 AED 1,240,000; 2022 AED 1,120,000; 2023 AED 1,900,000; 2024 AED 2,180,000; 2025 AED 2,025,000; 2026 AED 2,212,500Sold by developer, October 2009: AED 902,065 (AED 614 per sqft)Sold, December 2020: AED 1,025,000 (AED 698 per sqft)

1304 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1304, each contractTypical two-bed in Dorra Bay Tower
100K150K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 117,500; 2014 AED 135,000; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 130,000; 2018 AED 115,000; 2019 AED 96,000; 2020 AED 85,000; 2021 AED 90,000; 2022 AED 110,000; 2023 AED 120,000; 2024 AED 130,000; 2025 AED 131,250; 2026 AED 129,000New contract, September 2014: AED 145,000 a yearNew contract, September 2015: AED 133,082 a yearNew contract, August 2017: AED 135,000 a yearRenewal, August 2018: AED 128,250 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 Dorra Bay Tower, and where 1304 sits

All 67 2-beds →

1304 last sold in December 2020 at AED 698 per sqft, 12% below what two-beds in Dorra Bay Tower were fetching at the time (AED 796). Over the last 12 months two-beds sold for AED 1,890,000 to 2,950,000, around AED 1,593 per sqft, and rent for AED 100,000 to 150,000 a year. 1304's AED 128,250 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20262,100,000
11 Sep 20262,175,000
23 Apr 20261,890,000
15 Apr 20262,250,000
7 2-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
13033-bedAED 1.7M · 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

1304, Dorra Bay Tower in numbers

  • Sold twice: first on 27 October 2009 for AED 902,065, last on 15 December 2020 for AED 1,025,000 (AED 698 per sqft).
  • Rented since September 2014 on 4 Ejari contracts, from AED 145,000 to AED 128,250 a year.
  • At AED 128,250 a year the gross yield on the 2020 price is 12.5%, before a service charge of about AED 30,800 a year (AED 20.98 per sqft).
  • Two-beds in Dorra Bay Tower sold for AED 1,890,000–2,950,000 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 15 December 2020.

Questions about 1304, Dorra Bay Tower

What did unit 1304 last sell for?

AED 1,025,000 on 15 December 2020: AED 698 per sqft for 1,468 sqft. The unit has 2 registered sales; the first was AED 902,065 in October 2009.

What is the rent for unit 1304?

AED 128,250 a year on the contract renewed on 11 August 2018. The previous contract, from August 2017, was AED 135,000; the unit has been rented since September 2014.

How big is unit 1304?

1,468 sqft (136.4 sqm): a two-bedroom apartment on the 13th floor of a 21-storey tower completed in 2008.

What is unit 1304 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Dorra Bay Tower sold for AED 1,890,000 to 2,950,000 in the last 12 months, around AED 1,593 per sqft.

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Mortgage on 1304, Dorra Bay Tower

Starts from the last sale price (AED 1.03M, 15 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,025,000
Deposit, UAE resident (20%)
AED 205,000
Deposit, non-resident (40%)
AED 410,000
Monthly over 25 years at 3.7%
AED 4,194

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