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2-bed · 1,412 sqftDorra Bay Tower, Dubai Marina · completed 2008

W04, Dorra Bay Tower

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

Unit W04 · DLD and Ejari recordsUpdated 22 September 2014
Last soldAED 2.2M22 September 2014
Current rentAED 121K /yr19 March 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for W04, Dorra Bay Tower

What is W04 worth today?

Last sold for AED 2,200,000 in 2014

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22 Sep 2014SoldReady
AED 2,200,000AED 1,558 per sqft
19 Mar 2014RentedNew contract
AED 121,275/yr12 months · AED 86 per sqft
29 Apr 2009Sold by developerReady
AED 1,350,380AED 956 per sqft

Source: Dubai Land Department. Updated 22 September 2014.

Key facts

Type
2-bed apartment
Size
1,412 sqft
Parking
136A / 137A
Developer
Cayan Real Estate Investment & Development
Completed
2008
Service charge
AED 29,600 /yr
Last sold
AED 2.2M · September 2014
Building
Dorra Bay Tower

About W04, Dorra Bay Tower

W04 is a two-bedroom apartment of 1,412 sqft of Dorra Bay Tower, a 21-storey tower in Dubai Marina completed in 2008 by Cayan Real Estate Investment & Development. It last sold on 22 September 2014 for AED 2,200,000, or AED 1,558 per sqft, in line with the AED 1,558 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 March 2014. The current contract, signed on 19 March 2014, is AED 121,275 a year: a gross yield of 5.5% on the 2014 price, before the service charge of about AED 29,600 a year.

Sales and rents for W04 over time

Sales
Unit W04, 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 1,350,380 (AED 956 per sqft)Sold, September 2014: AED 2,200,000 (AED 1,558 per sqft)

W04 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit W04, 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, March 2014: AED 121,275 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 W04 sits

All 67 2-beds →

W04 last sold in September 2014 at AED 1,558 per sqft, in line with what two-beds in Dorra Bay Tower were fetching at the time (AED 1,558). 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. W04's AED 121,275 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 →

W04, Dorra Bay Tower in numbers

  • Sold twice: first on 29 April 2009 for AED 1,350,380, last on 22 September 2014 for AED 2,200,000 (AED 1,558 per sqft).
  • Rented since March 2014 on one Ejari contract, at AED 121,275 a year.
  • At AED 121,275 a year the gross yield on the 2014 price is 5.5%, before a service charge of about AED 29,600 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 22 September 2014.

Questions about W04, Dorra Bay Tower

What did unit W04 last sell for?

AED 2,200,000 on 22 September 2014: AED 1,558 per sqft for 1,412 sqft. The unit has 2 registered sales; the first was AED 1,350,380 in April 2009.

What is the rent for unit W04?

AED 121,275 a year on the contract signed on 19 March 2014.

How big is unit W04?

1,412 sqft (131.2 sqm): a two-bedroom apartment of a 21-storey tower completed in 2008.

What is unit W04 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 W04, Dorra Bay Tower

Starts from the last sale price (AED 2.2M, 22 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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