Studio · 460 sqftYacht Bay, Dubai Marina · 12th floor · completed 2007

1204, Yacht Bay

Sold prices and rental history: sold once, by the developer in August 2008, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 450K6 August 2008
Current rentAED 50K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Yacht Bay

What is 1204 worth today?

Last sold for AED 450,251 in 2008

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Feb 2026RentedRenewal
AED 50,000/yr12 months · AED 108 per sqft
15 Feb 2025RentedRenewal
AED 50,000/yr12 months · AED 108 per sqft
15 Feb 2024RentedRenewal
AED 45,000/yr12 months · AED 97 per sqft
15 Feb 2023RentedRenewal
AED 38,000/yr12 months · AED 82 per sqft
15 Feb 2022RentedRenewal
AED 32,000/yr12 months · AED 69 per sqft
15 Feb 2021RentedNew contract
AED 30,000/yr12 months · AED 65 per sqft
20 Nov 2019RentedNew contract
AED 42,000/yr12 months · AED 91 per sqft
16 Sep 2018RentedRenewal
AED 50,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
Studio apartment
Size
460 sqft
Floor
12th of 16
Parking
B2- 89
Developer
Select Global Development
Completed
2007
Service charge
AED 8,900 /yr
Last sold
AED 450K · August 2008
Building
Yacht Bay

About 1204, Yacht Bay

1204 is a studio of 460 sqft on the 12th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. The developer sold it on 6 August 2008 for AED 450,251, or AED 978 per sqft, 5% above the AED 934 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 50,000 a year: a gross yield of 11.1% on the 2008 price, before the service charge of about AED 8,900 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical studio in Yacht Bay
500K750K1M2008201320182023Typical sale price by year: 2008 AED 465,018; 2009 AED 478,030; 2010 AED 496,455; 2011 AED 440,000; 2012 AED 495,747; 2013 AED 585,000; 2014 AED 820,000; 2015 AED 615,000; 2017 AED 785,000; 2021 AED 580,000; 2022 AED 620,000; 2023 AED 715,000; 2024 AED 900,000; 2025 AED 940,000; 2026 AED 925,000Sold by developer, August 2008: AED 450,251 (AED 978 per sqft)

1204 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1204, each contractTypical studio in Yacht Bay
40K60K2012201620202024Typical rent by year: 2012 AED 45,000; 2013 AED 54,000; 2014 AED 60,000; 2015 AED 69,333; 2016 AED 68,000; 2017 AED 65,000; 2018 AED 58,000; 2019 AED 50,000; 2020 AED 43,000; 2021 AED 38,000; 2022 AED 47,000; 2023 AED 52,000; 2024 AED 68,125; 2025 AED 68,250; 2026 AED 60,375New contract, September 2017: AED 55,000 a yearRenewal, September 2018: AED 50,000 a yearNew contract, November 2019: AED 42,000 a yearNew contract, February 2021: AED 30,000 a yearRenewal, February 2022: AED 32,000 a yearRenewal, February 2023: AED 38,000 a yearRenewal, February 2024: AED 45,000 a yearRenewal, February 2025: AED 50,000 a yearRenewal, February 2026: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Yacht Bay, and where 1204 sits

All 60 studios →

1204 last sold in August 2008 at AED 978 per sqft, 5% above what studios in Yacht Bay were fetching at the time (AED 934). Over the last 12 months studios sold for AED 860,000 to 930,000, around AED 1,693 per sqft, and rent for AED 45,000 to 120,000 a year. 1204's AED 50,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Mar 2026860,000
26 Jan 2026930,000
16 Jan 2026925,000
16 Jun 2025170,000
3 studio 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 12th floor

All 174 units in Yacht Bay
Value
1201StudioAED 571K · Nov 2008
1202StudioAED 810K · Aug 2024
1203StudioAED 680K · Oct 2022
12051-bedAED 860K · Jan 2013
12061-bedAED 702K · Dec 2008
12072-bedAED 2.25M · May 2025
12082-bedAED 1.93M · Apr 2026
1–7 of 10

1204, Yacht Bay in numbers

  • Sold once: by Select Global Development on 6 August 2008 for AED 450,251, or AED 978 per sqft.
  • Rented since September 2017 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 30,000 in 2021 and recovered to AED 50,000 by February 2026.
  • At AED 50,000 a year the gross yield on the 2008 price is 11.1%, before a service charge of about AED 8,900 a year (AED 19.34 per sqft).
  • Studios in Yacht Bay sold for AED 860,000–930,000 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 15 February 2026.

Questions about 1204, Yacht Bay

What did unit 1204 last sell for?

AED 450,251 on 6 August 2008, sold by the developer: AED 978 per sqft for 460 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 50,000 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 50,000; the unit has been rented since September 2017.

How big is unit 1204?

460 sqft (42.7 sqm): a studio on the 12th floor of a 16-storey tower completed in 2007.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Yacht Bay sold for AED 860,000 to 930,000 in the last 12 months, around AED 1,693 per sqft.

Selling 1204? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1204, Yacht Bay

Starts from the last sale price (AED 450K, 6 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 450,251
Deposit, UAE resident (20%)
AED 90,050
Deposit, non-resident (40%)
AED 180,100
Monthly over 25 years at 3.7%
AED 1,842

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