702, Dorra Bay Tower
Sold prices and rental history: sold 3 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Dorra Bay Tower
What is 702 worth today?
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Source: Dubai Land Department. Updated 28 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,357 sqft
- Floor
- 7th of 21
- Parking
- 98B/99B
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2008
- Service charge
- AED 28,500 /yr
- Last sold
- AED 2.48M · October 2024
- Building
- Dorra Bay Tower
About 702, Dorra Bay Tower
702 is a two-bedroom apartment of 1,357 sqft on the 7th 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 October 2024 for AED 2,475,000, or AED 1,823 per sqft, 26% above the AED 1,448 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 14 January 2023, is AED 135,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 28,500 a year.
Sales and rents for 702 over time
702 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 702 sits
All 67 2-beds →702 last sold in October 2024 at AED 1,823 per sqft, 26% above what two-beds in Dorra Bay Tower were fetching at the time (AED 1,448). 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. 702's AED 135,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Oct 20268 October 2026 | 1,484 sqft | 2,100,000 | 1,415 | ||
| 11 Sep 202611 September 2026 | 1,357 sqft | 2,175,000 | 1,602 | ||
| 23 Apr 202623 April 2026 | 1,468 sqft | 1,890,000 | 1,287 | ||
| 15 Apr 202615 April 2026 | 1,412 sqft | 2,250,000 | 1,593 |
Dorra Bay Tower
Building189 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%
Other units on the 7th floor
All 189 units in Dorra Bay Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,758 sqft | AED 2.86MAED 2,860,000 · Mar 2014March 2014 | 200,000 /yr | |
| 703 | 3-bed | 2,018 sqft | AED 1.58MAED 1,575,000 · Aug 2021August 2021 | 164,000 /yr | |
| 704 | 2-bed | 1,382 sqft | AED 1.63MAED 1,625,000 · May 2017May 2017 | 135,000 /yr | |
| 705 | 3-bed | 1,854 sqft | AED 1.95MAED 1,947,000 · Dec 2022December 2022 | ||
| 706 | 2-bed | 1,357 sqft | AED 1.56MAED 1,560,000 · Jul 2018July 2018 | 110,000 /yr | |
| 707 | 3-bed | 2,018 sqft | AED 2.12MAED 2,118,000 · Nov 2022November 2022 | 168,000 /yr | |
| 708 | 2-bed | 1,382 sqft | AED 864KAED 863,571 · Apr 2009April 2009 | 131,250 /yr |
702, Dorra Bay Tower in numbers
- Sold 3 times: first on 29 April 2009 for AED 856,550, last on 28 October 2024 for AED 2,475,000 (AED 1,823 per sqft).
- Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 112,000 to AED 90,000 in 2020 and recovered to AED 135,000 by January 2023.
- At AED 135,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 28,500 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 28 October 2024.
Questions about 702, Dorra Bay Tower
What did unit 702 last sell for?
AED 2,475,000 on 28 October 2024: AED 1,823 per sqft for 1,357 sqft. The unit has 3 registered sales; the first was AED 856,550 in April 2009.
What is the rent for unit 702?
AED 135,000 a year on the contract renewed on 14 January 2023. The previous contract, from January 2022, was AED 125,000; the unit has been rented since July 2013.
How big is unit 702?
1,357 sqft (126.1 sqm): a two-bedroom apartment on the 7th floor of a 21-storey tower completed in 2008.
What is unit 702 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 702, Dorra Bay Tower
Starts from the last sale price (AED 2.48M, 28 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,475,000
- Deposit, UAE resident (20%)
- AED 495,000
- Deposit, non-resident (40%)
- AED 990,000
- Monthly over 25 years at 3.7%
- AED 10,126
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →