2-bed · 1,382 sqftYacht Bay, Dubai Marina · 11th floor · completed 2007

1108, Yacht Bay

Sold prices and rental history: sold twice, last in August 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 19 August 2020
Last soldAED 900K19 August 2020
Current rentAED 83K /yr1 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Yacht Bay

What is 1108 worth today?

Last sold for AED 900,000 in 2020

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19 Aug 2020SoldReady
AED 900,000AED 651 per sqft
1 Jul 2019RentedNew contract
AED 83,000/yr12 months · AED 60 per sqft
10 Jun 2018RentedNew contract
AED 105,000/yr12 months · AED 76 per sqft
5 Mar 2017RentedRenewal
AED 135,000/yr12 months · AED 98 per sqft
5 Mar 2016RentedRenewal
AED 135,000/yr12 months · AED 98 per sqft
5 Mar 2015RentedNew contract
AED 135,000/yr12 months · AED 98 per sqft
6 Aug 2008Sold by developerReady
AED 1,380,042AED 998 per sqft

Source: Dubai Land Department. Updated 19 August 2020.

Key facts

Type
2-bed apartment
Size
1,382 sqft
Floor
11th of 16
Parking
B1- 30
Developer
Select Global Development
Completed
2007
Service charge
AED 26,700 /yr
Last sold
AED 900K · August 2020
Building
Yacht Bay

About 1108, Yacht Bay

1108 is a two-bedroom apartment of 1,382 sqft on the 11th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. It last sold on 19 August 2020 for AED 900,000, or AED 651 per sqft, 7% below the AED 703 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 July 2019, is AED 83,000 a year: a gross yield of 9.2% on the 2020 price, before the service charge of about AED 26,700 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, 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, August 2008: AED 1,380,042 (AED 998 per sqft)Sold, August 2020: AED 900,000 (AED 651 per sqft)

1108 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1108, 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, March 2015: AED 135,000 a yearRenewal, March 2016: AED 135,000 a yearRenewal, March 2017: AED 135,000 a yearNew contract, June 2018: AED 105,000 a yearNew contract, July 2019: AED 83,000 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 1108 sits

All 77 2-beds →

1108 last sold in August 2020 at AED 651 per sqft, 7% below what two-beds in Yacht Bay were fetching at the time (AED 703). 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. 1108's AED 83,000 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 11th floor

All 174 units in Yacht Bay
Value
1101StudioAED 614K · Jan 2019
1102StudioAED 675K · Sep 2021
1103StudioAED 900K · Mar 2015
1104StudioAED 820K · Oct 2014
11051-bedAED 1M · Sep 2013
11061-bedAED 1.23M · Mar 2024
11072-bedAED 2.05M · Jan 2026
1–7 of 10

1108, Yacht Bay in numbers

  • Sold twice: first on 6 August 2008 for AED 1,380,042, last on 19 August 2020 for AED 900,000 (AED 651 per sqft).
  • Rented since March 2015 on 5 Ejari contracts, from AED 135,000 to AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2020 price is 9.2%, before a service charge of about AED 26,700 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 19 August 2020.

Questions about 1108, Yacht Bay

What did unit 1108 last sell for?

AED 900,000 on 19 August 2020: AED 651 per sqft for 1,382 sqft. The unit has 2 registered sales; the first was AED 1,380,042 in August 2008.

What is the rent for unit 1108?

AED 83,000 a year on the contract signed on 1 July 2019. The previous contract, from June 2018, was AED 105,000; the unit has been rented since March 2015.

How big is unit 1108?

1,382 sqft (128.4 sqm): a two-bedroom apartment on the 11th floor of a 16-storey tower completed in 2007.

What is unit 1108 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 1108, Yacht Bay

Starts from the last sale price (AED 900K, 19 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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