2-bed · 1,357 sqftDorra Bay Tower, Dubai Marina · 7th floor · completed 2008

706, Dorra Bay Tower

Sold prices and rental history: sold 4 times, last in July 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 2 July 2018
Last soldAED 1.56M2 July 2018
Current rentAED 110K /yr25 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Dorra Bay Tower

What is 706 worth today?

Last sold for AED 1,560,000 in 2018

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2 Jul 2018SoldReady
AED 1,560,000AED 1,149 per sqft
25 Jun 2018RentedNew contract
AED 110,000/yr3 months · AED 81 per sqft
25 Mar 2017RentedRenewal
AED 130,000/yr12 months · AED 96 per sqft
25 Mar 2016RentedNew contract
AED 130,000/yr12 months · AED 96 per sqft
29 Oct 2015RentedRenewal
AED 135,000/yr12 months · AED 100 per sqft
29 Oct 2014RentedRenewal
AED 125,000/yr12 months · AED 92 per sqft
29 Oct 2013RentedNew contract
AED 117,000/yr12 months · AED 86 per sqft
26 Oct 2011SoldReady
AED 1,300,000AED 957 per sqft

Source: Dubai Land Department. Updated 2 July 2018.

Key facts

Type
2-bed apartment
Size
1,357 sqft
Floor
7th of 21
Parking
106B/107B
Developer
Cayan Real Estate Investment & Development
Completed
2008
Service charge
AED 28,500 /yr
Last sold
AED 1.56M · July 2018

About 706, Dorra Bay Tower

706 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 2 July 2018 for AED 1,560,000, or AED 1,149 per sqft, in line with the AED 1,182 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 25 June 2018, is AED 110,000 a year: a gross yield of 7.0% on the 2018 price, before the service charge of about AED 28,500 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, April 2009: AED 856,550 (AED 631 per sqft)Sold, July 2011: AED 1,000,000 (AED 736 per sqft)Sold, October 2011: AED 1,300,000 (AED 957 per sqft)Sold, July 2018: AED 1,560,000 (AED 1,149 per sqft)

706 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 706, each contractTypical two-bed in Dorra Bay Tower
100K125K2012201620202024Typical 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, October 2013: AED 117,000 a yearRenewal, October 2014: AED 125,000 a yearRenewal, October 2015: AED 135,000 a yearNew contract, March 2016: AED 130,000 a yearRenewal, March 2017: AED 130,000 a yearNew contract, June 2018: AED 110,000 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 706 sits

All 67 2-beds →

706 last sold in July 2018 at AED 1,149 per sqft, in line with what two-beds in Dorra Bay Tower were fetching at the time (AED 1,182). 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. 706's AED 110,000 is in the lower 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 7th floor

All 189 units in Dorra Bay Tower
Value
7013-bedAED 2.86M · Mar 2014
7022-bedAED 2.48M · Oct 2024
7033-bedAED 1.58M · Aug 2021
7042-bedAED 1.63M · May 2017
7053-bedAED 1.95M · Dec 2022
7073-bedAED 2.12M · Nov 2022
7082-bedAED 864K · Apr 2009

706, Dorra Bay Tower in numbers

  • Sold 4 times: first on 29 April 2009 for AED 856,550, last on 2 July 2018 for AED 1,560,000 (AED 1,149 per sqft).
  • Rented since October 2013 on 6 Ejari contracts, from AED 117,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2018 price is 7.0%, 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 2 July 2018.

Questions about 706, Dorra Bay Tower

What did unit 706 last sell for?

AED 1,560,000 on 2 July 2018: AED 1,149 per sqft for 1,357 sqft. The unit has 4 registered sales; the first was AED 856,550 in April 2009.

What is the rent for unit 706?

AED 110,000 a year on the contract signed on 25 June 2018. The previous contract, from March 2017, was AED 130,000; the unit has been rented since October 2013.

How big is unit 706?

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 706 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 706, Dorra Bay Tower

Starts from the last sale price (AED 1.56M, 2 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,560,000
Deposit, UAE resident (20%)
AED 312,000
Deposit, non-resident (40%)
AED 624,000
Monthly over 25 years at 3.7%
AED 6,382

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