2-bed · 1,185 sqftYacht Bay, Dubai Marina · 11th floor · completed 2007

1111, Yacht Bay

Sold prices and rental history: sold once, by the developer in January 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1111 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.1M25 January 2009
Current rentAED 110K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1111, Yacht Bay

What is 1111 worth today?

Last sold for AED 1,097,928 in 2009

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1 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 93 per sqft
1 Oct 2024RentedNew contract
AED 110,000/yr12 months · AED 93 per sqft
1 Oct 2023RentedNew contract
AED 110,000/yr12 months · AED 93 per sqft
25 Aug 2022RentedNew contract
AED 95,000/yr12 months · AED 80 per sqft
25 Jul 2021RentedRenewal
AED 75,000/yr12 months · AED 63 per sqft
25 Jul 2020RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
1 Dec 2017RentedNew contract
AED 105,000/yr12 months · AED 89 per sqft
28 Feb 2015RentedNew contract
AED 125,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
11th of 16
Parking
B1- 33
Developer
Select Global Development
Completed
2007
Service charge
AED 22,900 /yr
Last sold
AED 1.1M · January 2009
Building
Yacht Bay

About 1111, Yacht Bay

1111 is a two-bedroom apartment of 1,185 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 25 January 2009 for AED 1,097,928, or AED 926 per sqft, 9% above the AED 851 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 1 October 2024, is AED 110,000 a year: a gross yield of 10.0% on the 2009 price, before the service charge of about AED 22,900 a year.

Sales and rents for 1111 over time

Sales
Unit 1111, 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, January 2009: AED 1,097,928 (AED 926 per sqft)

1111 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1111, 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, November 2012: AED 87,500 a yearNew contract, November 2013: AED 88,000 a yearNew contract, August 2014: AED 60,162 a yearNew contract, February 2015: AED 125,000 a yearNew contract, December 2017: AED 105,000 a yearNew contract, July 2020: AED 70,000 a yearRenewal, July 2021: AED 75,000 a yearNew contract, August 2022: AED 95,000 a yearNew contract, October 2023: AED 110,000 a yearNew contract, October 2024: AED 110,000 a yearNew contract, October 2024: AED 110,000 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 1111 sits

All 77 2-beds →

1111 last sold in January 2009 at AED 926 per sqft, 9% above what two-beds in Yacht Bay were fetching at the time (AED 851). 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. 1111's AED 110,000 is in the lower half 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

1111, Yacht Bay in numbers

  • Sold once: by Select Global Development on 25 January 2009 for AED 1,097,928, or AED 926 per sqft.
  • Rented since November 2012 on 11 Ejari contracts. The rent fell from AED 87,500 to AED 60,162 in 2014 and recovered to AED 110,000 by October 2024.
  • At AED 110,000 a year the gross yield on the 2009 price is 10.0%, before a service charge of about AED 22,900 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 1 October 2024.

Questions about 1111, Yacht Bay

What did unit 1111 last sell for?

AED 1,097,928 on 25 January 2009, sold by the developer: AED 926 per sqft for 1,185 sqft. It is the only registered sale of the unit.

What is the rent for unit 1111?

AED 110,000 a year on the contract signed on 1 October 2024. The previous contract, from October 2024, was AED 110,000; the unit has been rented since November 2012.

How big is unit 1111?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the 11th floor of a 16-storey tower completed in 2007.

What is unit 1111 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 1111, Yacht Bay

Starts from the last sale price (AED 1.1M, 25 January 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,097,928
Deposit, UAE resident (20%)
AED 219,586
Deposit, non-resident (40%)
AED 439,171
Monthly over 25 years at 3.7%
AED 4,492

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