3-bed · 3,459 sqftDorra Bay Tower, Dubai Marina · 19th floor · completed 2008

1903, Dorra Bay Tower

Sold prices and rental history: sold twice, last in October 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1903 · DLD and Ejari recordsUpdated 31 October 2021
Last soldAED 2.8M31 October 2021
Current rentAED 155K /yr15 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1903, Dorra Bay Tower

What is 1903 worth today?

Last sold for AED 2,800,000 in 2021

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31 Oct 2021SoldReady
AED 2,800,000AED 809 per sqft
15 Aug 2021RentedRenewal
AED 154,705/yr9 months · AED 45 per sqft
15 Jul 2020RentedNew contract
AED 155,000/yr13 months · AED 45 per sqft
15 Apr 2018RentedNew contract
AED 150,000/yr12 months · AED 43 per sqft
12 Jul 2009Sold by developerReady
AED 2,400,000AED 693 per sqft

Source: Dubai Land Department. Updated 31 October 2021.

Key facts

Type
3-bed apartment
Size
3,459 sqft
Floor
19th of 21
Parking
125A / 126A
Developer
Cayan Real Estate Investment & Development
Completed
2008
Service charge
AED 72,600 /yr
Last sold
AED 2.8M · October 2021

About 1903, Dorra Bay Tower

1903 is a three-bedroom apartment of 3,459 sqft on the 19th 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 31 October 2021 for AED 2,800,000, or AED 809 per sqft, in line with the AED 795 three-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 15 August 2021, is AED 154,705 a year: a gross yield of 5.5% on the 2021 price, before the service charge of about AED 72,600 a year.

Sales and rents for 1903 over time

Sales
Unit 1903, each saleTypical three-bed in Dorra Bay Tower
2M3M2009201420192024Typical 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, July 2009: AED 2,400,000 (AED 693 per sqft)Sold, October 2021: AED 2,800,000 (AED 809 per sqft)

1903 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1903, each contractTypical three-bed in Dorra Bay Tower
150K2012201620202024Typical 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, April 2018: AED 150,000 a yearNew contract, July 2020: AED 155,000 a yearRenewal, August 2021: AED 154,705 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 1903 sits

All 49 3-beds →

1903 last sold in October 2021 at AED 809 per sqft, in line with what three-beds in Dorra Bay Tower were fetching at the time (AED 795). 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. 1903's AED 154,705 is in the upper half 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 19th floor

All 189 units in Dorra Bay Tower
Value
19013-bedAED 3.1M · Aug 2022
19023-bedAED 1.7M · Dec 2011
19043-bedAED 2.7M · May 2012

1903, Dorra Bay Tower in numbers

  • Sold twice: first on 12 July 2009 for AED 2,400,000, last on 31 October 2021 for AED 2,800,000 (AED 809 per sqft).
  • Rented since April 2018 on 3 Ejari contracts, from AED 150,000 to AED 154,705 a year.
  • At AED 154,705 a year the gross yield on the 2021 price is 5.5%, before a service charge of about AED 72,600 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 31 October 2021.

Questions about 1903, Dorra Bay Tower

What did unit 1903 last sell for?

AED 2,800,000 on 31 October 2021: AED 809 per sqft for 3,459 sqft. The unit has 2 registered sales; the first was AED 2,400,000 in July 2009.

What is the rent for unit 1903?

AED 154,705 a year on the contract renewed on 15 August 2021. The previous contract, from July 2020, was AED 155,000; the unit has been rented since April 2018.

How big is unit 1903?

3,459 sqft (321.4 sqm): a three-bedroom apartment on the 19th floor of a 21-storey tower completed in 2008.

What is unit 1903 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 1903, Dorra Bay Tower

Starts from the last sale price (AED 2.8M, 31 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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