2-bed · 1,173 sqftYacht Bay, Dubai Marina · 10th floor · completed 2007

1009, Yacht Bay

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 23 September 2022
Last soldAED 979K7 December 2014
Current rentAED 78K /yr23 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, Yacht Bay

What is 1009 worth today?

Last sold for AED 979,200 in 2014

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23 Sep 2022RentedNew contract
AED 78,000/yr12 months · AED 66 per sqft
5 Sep 2021RentedRenewal
AED 63,000/yr12 months · AED 54 per sqft
5 Sep 2020RentedNew contract
AED 65,000/yr12 months · AED 55 per sqft
29 Jan 2018RentedNew contract
AED 120,000/yr12 months · AED 102 per sqft
9 Jan 2015RentedNew contract
AED 125,000/yr12 months · AED 107 per sqft
7 Dec 2014Sold by developerReady
AED 979,200AED 834 per sqft
19 Jun 2013RentedNew contract
AED 95,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 23 September 2022.

Key facts

Type
2-bed apartment
Size
1,173 sqft
Floor
10th of 16
Parking
B1- 20
Developer
Select Global Development
Completed
2007
Service charge
AED 22,700 /yr
Last sold
AED 979K · December 2014
Building
Yacht Bay

About 1009, Yacht Bay

1009 is a two-bedroom apartment of 1,173 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 7 December 2014 for AED 979,200, or AED 834 per sqft, in line with the AED 844 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 23 September 2022, is AED 78,000 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 22,700 a year.

Sales and rents for 1009 over time

Sales
Unit 1009, 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 2014: AED 979,200 (AED 834 per sqft)

1009 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1009, each contractTypical two-bed in Yacht Bay
100K2012201620202024Typical 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 2013: AED 95,000 a yearNew contract, January 2015: AED 125,000 a yearNew contract, January 2018: AED 120,000 a yearNew contract, September 2020: AED 65,000 a yearRenewal, September 2021: AED 63,000 a yearNew contract, September 2022: AED 78,000 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 1009 sits

All 77 2-beds →

1009 last sold in December 2014 at AED 834 per sqft, in line with what two-beds in Yacht Bay were fetching at the time (AED 844). 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. 1009's AED 78,000 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
10072-bedAED 1.34M · Dec 2008
1–7 of 10

1009, Yacht Bay in numbers

  • Sold once: by Select Global Development on 7 December 2014 for AED 979,200, or AED 834 per sqft.
  • Rented since June 2013 on 6 Ejari contracts. The rent fell from AED 95,000 to AED 63,000 in 2021 and recovered to AED 78,000 by September 2022.
  • At AED 78,000 a year the gross yield on the 2014 price is 8.0%, before a service charge of about AED 22,700 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 23 September 2022.

Questions about 1009, Yacht Bay

What did unit 1009 last sell for?

AED 979,200 on 7 December 2014, sold by the developer: AED 834 per sqft for 1,173 sqft. It is the only registered sale of the unit.

What is the rent for unit 1009?

AED 78,000 a year on the contract signed on 23 September 2022. The previous contract, from September 2021, was AED 63,000; the unit has been rented since June 2013.

How big is unit 1009?

1,173 sqft (109.0 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2007.

What is unit 1009 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 1009, Yacht Bay

Starts from the last sale price (AED 979K, 7 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 979,200
Deposit, UAE resident (20%)
AED 195,840
Deposit, non-resident (40%)
AED 391,680
Monthly over 25 years at 3.7%
AED 4,006

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