2-bed · 1,558 sqftYacht Bay, Dubai Marina · 10th floor · completed 2007

1007, Yacht Bay

Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 10 September 2020
Last soldAED 1.34M17 December 2008
Current rentAED 60K /yr10 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Yacht Bay

What is 1007 worth today?

Last sold for AED 1,336,200 in 2008

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10 Sep 2020RentedRenewal
AED 60,000/yr12 months · AED 38 per sqft
10 Sep 2019RentedRenewal
AED 78,000/yr12 months · AED 50 per sqft
10 Sep 2018RentedNew contract
AED 78,000/yr12 months · AED 50 per sqft
6 Aug 2013RentedNew contract
AED 120,000/yr12 months · AED 77 per sqft
23 Jun 2011RentedNew contract
AED 100,000/yr12 months · AED 64 per sqft
17 Dec 2008Sold by developerReady
AED 1,336,200AED 857 per sqft

Source: Dubai Land Department. Updated 10 September 2020.

Key facts

Type
2-bed apartment
Size
1,558 sqft
Floor
10th of 16
Parking
B1- 18
Developer
Select Global Development
Completed
2007
Service charge
AED 30,100 /yr
Last sold
AED 1.34M · December 2008
Building
Yacht Bay

About 1007, Yacht Bay

1007 is a two-bedroom apartment of 1,558 sqft on the 10th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. The developer sold it on 17 December 2008 for AED 1,336,200, or AED 857 per sqft, in line with the AED 845 two-beds in the building were fetching at the time.

It has been rented continuously since 2011 on 5 Ejari contracts. The current contract, renewed on 10 September 2020, is AED 60,000 a year: a gross yield of 4.5% on the 2008 price, before the service charge of about AED 30,100 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical two-bed in Yacht Bay
1M1.5M2M2008201320182023Typical sale price by year: 2008 AED 1,046,261; 2009 AED 910,080; 2010 AED 971,448; 2011 AED 850,000; 2012 AED 935,000; 2013 AED 1,280,000; 2014 AED 1,295,360; 2015 AED 1,600,000; 2016 AED 1,412,071; 2017 AED 1,512,500; 2018 AED 1,412,500; 2020 AED 890,000; 2021 AED 1,000,000; 2022 AED 1,225,000; 2023 AED 1,475,000; 2024 AED 1,570,000; 2025 AED 1,918,500; 2026 AED 1,887,500Sold by developer, December 2008: AED 1,336,200 (AED 857 per sqft)

1007 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1007, each contractTypical two-bed in Yacht Bay
50K100K20112015201920232027Typical rent by year: 2012 AED 93,750; 2013 AED 102,500; 2014 AED 120,000; 2015 AED 125,000; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 105,000; 2019 AED 96,123; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 84,000; 2023 AED 110,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 115,000New contract, June 2011: AED 100,000 a yearNew contract, August 2013: AED 120,000 a yearNew contract, September 2018: AED 78,000 a yearRenewal, September 2019: AED 78,000 a yearRenewal, September 2020: AED 60,000 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 Yacht Bay, and where 1007 sits

All 77 2-beds →

1007 last sold in December 2008 at AED 857 per sqft, in line with what two-beds in Yacht Bay were fetching at the time (AED 845). Over the last 12 months two-beds sold for AED 1,575,000 to 2,050,000, around AED 1,374 per sqft, and rent for AED 99,225 to 160,000 a year. 1007's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Aug 20261,900,000
7 Aug 20261,720,000
7 May 20261,875,000
14 Apr 20261,930,000
9 2-bed sales in the last 12 months

Yacht Bay

Building

174 apartments, studios to 3-bed over 16 floors in Dubai Marina, completed in 2007 by Select Global Development. 14 sold in the last 12 months.

Typical price per sqft
AED 1,401 Down 14.6%
Typical sale
AED 1.8M
Typical rent
AED 80K /yr
Typical yield
7.5%
Yacht Bay, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 174 units in Yacht Bay
Value
1001StudioAED 800K · Aug 2016
1002StudioAED 489K · Jul 2009
1003StudioAED 975K · Mar 2025
1004StudioAED 875K · Nov 2014
10051-bedAED 641K · Feb 2010
10061-bedAED 835K · Jun 2022
10082-bedAED 1.9M · Aug 2026
1–7 of 10

1007, Yacht Bay in numbers

  • Sold once: by Select Global Development on 17 December 2008 for AED 1,336,200, or AED 857 per sqft.
  • Rented since June 2011 on 5 Ejari contracts, from AED 100,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2008 price is 4.5%, before a service charge of about AED 30,100 a year (AED 19.34 per sqft).
  • Two-beds in Yacht Bay sold for AED 1,575,000–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,401 per sqft.

Source: Dubai Land Department. Updated 10 September 2020.

Questions about 1007, Yacht Bay

What did unit 1007 last sell for?

AED 1,336,200 on 17 December 2008, sold by the developer: AED 857 per sqft for 1,558 sqft. It is the only registered sale of the unit.

What is the rent for unit 1007?

AED 60,000 a year on the contract renewed on 10 September 2020. The previous contract, from September 2019, was AED 78,000; the unit has been rented since June 2011.

How big is unit 1007?

1,558 sqft (144.7 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2007.

What is unit 1007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Yacht Bay sold for AED 1,575,000 to 2,050,000 in the last 12 months, around AED 1,374 per sqft.

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Mortgage on 1007, Yacht Bay

Starts from the last sale price (AED 1.34M, 17 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,336,200
Deposit, UAE resident (20%)
AED 267,240
Deposit, non-resident (40%)
AED 534,480
Monthly over 25 years at 3.7%
AED 5,467

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