2-bed · 1,173 sqftYacht Bay, Dubai Marina · 12th floor · completed 2007

1209, Yacht Bay

Sold prices and rental history: sold twice, last in October 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1209 · DLD and Ejari recordsUpdated 31 October 2019
Last soldAED 900K31 October 2019
Current rentAED 90K /yr3 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1209, Yacht Bay

What is 1209 worth today?

Last sold for AED 900,000 in 2019

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31 Oct 2019SoldReady
AED 900,000AED 767 per sqft
3 Aug 2018RentedNew contract
AED 90,000/yr12 months · AED 77 per sqft
16 Aug 2017RentedRenewal
AED 105,000/yr12 months · AED 89 per sqft
16 Aug 2016RentedNew contract
AED 115,000/yr12 months · AED 98 per sqft
10 Jul 2015RentedNew contract
AED 125,000/yr12 months · AED 107 per sqft
25 Mar 2013RentedNew contract
AED 102,500/yr16 months · AED 87 per sqft
21 Aug 2008Sold by developerReady
AED 1,002,240AED 854 per sqft

Source: Dubai Land Department. Updated 31 October 2019.

Key facts

Type
2-bed apartment
Size
1,173 sqft
Floor
12th of 16
Parking
B1- 42
Developer
Select Global Development
Completed
2007
Service charge
AED 22,700 /yr
Last sold
AED 900K · October 2019
Building
Yacht Bay

About 1209, Yacht Bay

1209 is a two-bedroom apartment of 1,173 sqft on the 12th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. It last sold on 31 October 2019 for AED 900,000, or AED 767 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 3 August 2018, is AED 90,000 a year: a gross yield of 10.0% on the 2019 price, before the service charge of about AED 22,700 a year.

Sales and rents for 1209 over time

Sales
Unit 1209, 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 1,002,240 (AED 854 per sqft)Sold, October 2019: AED 900,000 (AED 767 per sqft)

1209 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1209, 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 2013: AED 102,500 a yearNew contract, July 2015: AED 125,000 a yearNew contract, August 2016: AED 115,000 a yearRenewal, August 2017: AED 105,000 a yearNew contract, August 2018: AED 90,000 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 1209 sits

All 77 2-beds →

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. 1209's AED 90,000 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 12th floor

All 174 units in Yacht Bay
Value
1201StudioAED 571K · Nov 2008
1202StudioAED 810K · Aug 2024
1203StudioAED 680K · Oct 2022
1204StudioAED 450K · Aug 2008
12051-bedAED 860K · Jan 2013
12061-bedAED 702K · Dec 2008
12072-bedAED 2.25M · May 2025
1–7 of 10

1209, Yacht Bay in numbers

  • Sold twice: first on 21 August 2008 for AED 1,002,240, last on 31 October 2019 for AED 900,000 (AED 767 per sqft).
  • Rented since March 2013 on 5 Ejari contracts, from AED 102,500 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2019 price is 10.0%, 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 31 October 2019.

Questions about 1209, Yacht Bay

What did unit 1209 last sell for?

AED 900,000 on 31 October 2019: AED 767 per sqft for 1,173 sqft. The unit has 2 registered sales; the first was AED 1,002,240 in August 2008.

What is the rent for unit 1209?

AED 90,000 a year on the contract signed on 3 August 2018. The previous contract, from August 2017, was AED 105,000; the unit has been rented since March 2013.

How big is unit 1209?

1,173 sqft (109.0 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2007.

What is unit 1209 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 1209, Yacht Bay

Starts from the last sale price (AED 900K, 31 October 2019). 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 →