2-bed · 1,173 sqftYacht Bay, Dubai Marina · 11th floor · completed 2007

1109, Yacht Bay

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1109 · DLD and Ejari recordsUpdated 25 August 2024
Last soldAED 991K7 December 2014
Current rentAED 98K /yr25 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1109, Yacht Bay

What is 1109 worth today?

Last sold for AED 990,720 in 2014

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25 Aug 2024RentedRenewal
AED 97,750/yr12 months · AED 83 per sqft
25 Aug 2024RentedRenewal
AED 97,750/yr12 months · AED 83 per sqft
25 Aug 2023RentedRenewal
AED 85,000/yr12 months · AED 72 per sqft
25 Aug 2022RentedRenewal
AED 73,000/yr12 months · AED 62 per sqft
25 Aug 2021RentedNew contract
AED 60,000/yr12 months · AED 51 per sqft
6 Apr 2020RentedNew contract
AED 68,000/yr12 months · AED 58 per sqft
15 Dec 2018RentedNew contract
AED 85,000/yr12 months · AED 72 per sqft
2 Oct 2017RentedNew contract
AED 105,000/yr12 months · AED 89 per sqft

Source: Dubai Land Department. Updated 25 August 2024.

Key facts

Type
2-bed apartment
Size
1,173 sqft
Floor
11th of 16
Parking
B1- 31
Developer
Select Global Development
Completed
2007
Service charge
AED 22,700 /yr
Last sold
AED 991K · December 2014
Building
Yacht Bay

About 1109, Yacht Bay

1109 is a two-bedroom apartment of 1,173 sqft on the 11th 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 990,720, or AED 844 per sqft, in line with the AED 844 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 25 August 2024, is AED 97,750 a year: a gross yield of 9.9% on the 2014 price, before the service charge of about AED 22,700 a year.

Sales and rents for 1109 over time

Sales
Unit 1109, 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 990,720 (AED 844 per sqft)

1109 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1109, each contractTypical two-bed in Yacht Bay
50K100K2012201620202024Typical 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, October 2017: AED 105,000 a yearNew contract, December 2018: AED 85,000 a yearNew contract, April 2020: AED 68,000 a yearNew contract, August 2021: AED 60,000 a yearRenewal, August 2022: AED 73,000 a yearRenewal, August 2023: AED 85,000 a yearRenewal, August 2024: AED 97,750 a yearRenewal, August 2024: AED 97,750 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 1109 sits

All 77 2-beds →

1109 last sold in December 2014 at AED 844 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. 1109's AED 97,750 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

1109, Yacht Bay in numbers

  • Sold once: by Select Global Development on 7 December 2014 for AED 990,720, or AED 844 per sqft.
  • Rented since October 2017 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2021 and recovered to AED 97,750 by August 2024.
  • At AED 97,750 a year the gross yield on the 2014 price is 9.9%, 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 25 August 2024.

Questions about 1109, Yacht Bay

What did unit 1109 last sell for?

AED 990,720 on 7 December 2014, sold by the developer: AED 844 per sqft for 1,173 sqft. It is the only registered sale of the unit.

What is the rent for unit 1109?

AED 97,750 a year on the contract renewed on 25 August 2024. The previous contract, from August 2024, was AED 97,750; the unit has been rented since October 2017.

How big is unit 1109?

1,173 sqft (109.0 sqm): a two-bedroom apartment on the 11th floor of a 16-storey tower completed in 2007.

What is unit 1109 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 1109, Yacht Bay

Starts from the last sale price (AED 991K, 7 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 990,720
Deposit, UAE resident (20%)
AED 198,144
Deposit, non-resident (40%)
AED 396,288
Monthly over 25 years at 3.7%
AED 4,053

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