704, Dorra Bay Tower
Sold prices and rental history: sold twice, last in May 2017, 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 704, Dorra Bay Tower
What is 704 worth today?
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Source: Dubai Land Department. Updated 16 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,382 sqft
- Floor
- 7th of 21
- Parking
- 102B/103B
- Developer
- Cayan Real Estate Investment & Development
- Completed
- 2008
- Service charge
- AED 29,000 /yr
- Last sold
- AED 1.63M · May 2017
- Building
- Dorra Bay Tower
About 704, Dorra Bay Tower
704 is a two-bedroom apartment of 1,382 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 May 2017 for AED 1,625,000, or AED 1,175 per sqft, in line with the AED 1,175 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 16 December 2024, is AED 135,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 29,000 a year.
Sales and rents for 704 over time
704 has sold twice; 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 704 sits
All 67 2-beds →704 last sold in May 2017 at AED 1,175 per sqft, in line with what two-beds in Dorra Bay Tower were fetching at the time (AED 1,175). 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. 704'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 | |
| 702 | 2-bed | 1,357 sqft | AED 2.48MAED 2,475,000 · Oct 2024October 2024 | 135,000 /yr | |
| 703 | 3-bed | 2,018 sqft | AED 1.58MAED 1,575,000 · Aug 2021August 2021 | 164,000 /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 |
704, Dorra Bay Tower in numbers
- Sold twice: first on 29 April 2009 for AED 893,349, last on 28 May 2017 for AED 1,625,000 (AED 1,175 per sqft).
- Rented since December 2013 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 80,000 in 2020 and recovered to AED 135,000 by December 2024.
- At AED 135,000 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 29,000 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 16 December 2024.
Questions about 704, Dorra Bay Tower
What did unit 704 last sell for?
AED 1,625,000 on 28 May 2017: AED 1,175 per sqft for 1,382 sqft. The unit has 2 registered sales; the first was AED 893,349 in April 2009.
What is the rent for unit 704?
AED 135,000 a year on the contract renewed on 16 December 2024. The previous contract, from December 2024, was AED 135,000; the unit has been rented since December 2013.
How big is unit 704?
1,382 sqft (128.4 sqm): a two-bedroom apartment on the 7th floor of a 21-storey tower completed in 2008.
What is unit 704 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 704, Dorra Bay Tower
Starts from the last sale price (AED 1.63M, 28 May 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,625,000
- Deposit, UAE resident (20%)
- AED 325,000
- Deposit, non-resident (40%)
- AED 650,000
- Monthly over 25 years at 3.7%
- AED 6,648
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →