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2-bed · 1,096 sqftYacht Bay, Dubai Marina · 1st floor · completed 2007

111, Yacht Bay

Sold prices and rental history: sold twice, last in March 2021, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 23 March 2021
Last soldAED 800K23 March 2021
Current rentAED 60K /yr27 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 111, Yacht Bay

What is 111 worth today?

Last sold for AED 800,000 in 2021

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23 Mar 2021SoldReady
AED 800,000AED 729 per sqft
27 Jun 2020RentedRenewal
AED 60,000/yr12 months · AED 55 per sqft
27 Jun 2019RentedNew contract
AED 80,000/yr12 months · AED 73 per sqft
29 Oct 2008Sold by developerReady
AED 831,750AED 758 per sqft

Source: Dubai Land Department. Updated 23 March 2021.

Key facts

Type
2-bed apartment
Size
1,096 sqft
Floor
1st of 16
Parking
B2-11
Developer
Select Global Development
Completed
2007
Service charge
AED 21,200 /yr
Last sold
AED 800K · March 2021
Building
Yacht Bay

About 111, Yacht Bay

111 is a two-bedroom apartment of 1,096 sqft on the 1st floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. It last sold on 23 March 2021 for AED 800,000, or AED 729 per sqft, 9% above the AED 666 two-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 27 June 2020, is AED 60,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 21,200 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical two-bed in Yacht Bay
1M2M2008201320182023Typical 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, October 2008: AED 831,750 (AED 758 per sqft)Sold, March 2021: AED 800,000 (AED 729 per sqft)

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

Rents
Unit 111, 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, June 2019: AED 80,000 a yearRenewal, June 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 111 sits

All 77 2-beds →

111 last sold in March 2021 at AED 729 per sqft, 9% above what two-beds in Yacht Bay were fetching at the time (AED 666). 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. 111'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 1st floor

All 174 units in Yacht Bay
Value
101StudioAED 198K · Dec 2012
102StudioAED 186K · Mar 2011
103StudioAED 339K · Sep 2013
104StudioAED 850K · Feb 2025
1051-bedAED 1.23M · Jun 2025
1061-bedAED 307K · Jun 2009
1072-bedAED 1.18M · Aug 2009
1–7 of 10

111, Yacht Bay in numbers

  • Sold twice: first on 29 October 2008 for AED 831,750, last on 23 March 2021 for AED 800,000 (AED 729 per sqft).
  • Rented since June 2019 on 2 Ejari contracts, from AED 80,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 7.5%, before a service charge of about AED 21,200 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 March 2021.

Questions about 111, Yacht Bay

What did unit 111 last sell for?

AED 800,000 on 23 March 2021: AED 729 per sqft for 1,096 sqft. The unit has 2 registered sales; the first was AED 831,750 in October 2008.

What is the rent for unit 111?

AED 60,000 a year on the contract renewed on 27 June 2020. The previous contract, from June 2019, was AED 80,000.

How big is unit 111?

1,096 sqft (101.8 sqm): a two-bedroom apartment on the 1st floor of a 16-storey tower completed in 2007.

What is unit 111 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 111, Yacht Bay

Starts from the last sale price (AED 800K, 23 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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