1408, Yacht Bay
Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Yacht Bay
What is 1408 worth today?
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Source: Dubai Land Department. Updated 19 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,382 sqft
- Floor
- 14th of 16
- Parking
- B1- 63
- Developer
- Select Global Development
- Completed
- 2007
- Service charge
- AED 26,700 /yr
- Last sold
- AED 588K · June 2009
- Building
- Yacht Bay
About 1408, Yacht Bay
1408 is a two-bedroom apartment of 1,382 sqft on the 14th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. The developer sold it on 21 June 2009 for AED 587,500, or AED 425 per sqft, 50% below the AED 849 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 19 September 2023, is AED 55,000 a year: a gross yield of 9.4% on the 2009 price, before the service charge of about AED 26,700 a year.
Sales and rents for 1408 over time
1408 has sold once; the dashed line is the two-bed median of each year in the building.
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 1408 sits
All 77 2-beds →1408 last sold in June 2009 at AED 425 per sqft, 50% below what two-beds in Yacht Bay were fetching at the time (AED 849). 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. 1408's AED 55,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,382 sqft | 1,900,000 | 1,374 | ||
| 7 Aug 20267 August 2026 | 1,382 sqft | 1,720,000 | 1,244 | ||
| 7 May 20267 May 2026 | 1,173 sqft | 1,875,000 | 1,598 | ||
| 14 Apr 202614 April 2026 | 1,382 sqft | 1,930,000 | 1,396 |
Yacht Bay
Building174 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%
Other units on the 14th floor
All 174 units in Yacht Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | Studio | 609 sqft | AED 455KAED 455,000 · Dec 2014December 2014 | 65,000 /yr | |
| 1402 | Studio | 554 sqft | AED 553KAED 553,133 · Dec 2008December 2008 | 60,750 /yr | |
| 1403 | Studio | 546 sqft | AED 600KAED 600,000 · Aug 2009August 2009 | 54,000 /yr | |
| 1404 | Studio | 460 sqft | AED 400KAED 400,000 · Apr 2012April 2012 | 65,000 /yr | |
| 1405 | 1-bed | 746 sqft | AED 336KAED 335,530 · Jun 2009June 2009 | 85,000 /yr | |
| 1406 | 1-bed | 801 sqft | AED 1.23MAED 1,225,000 · Dec 2013December 2013 | 85,000 /yr | |
| 1407 | 2-bed | 1,558 sqft | AED 1.1MAED 1,100,000 · Nov 2008November 2008 | 145,000 /yr | |
| 1409 | 2-bed | 1,173 sqft | AED 1.8MAED 1,800,000 · Feb 2015February 2015 | ||
| 1410 | 2-bed | 1,168 sqft | AED 1.59MAED 1,585,000 · Dec 2016December 2016 | 127,050 /yr | |
| 1411 | 2-bed | 1,185 sqft | AED 1.45MAED 1,450,000 · Jul 2023July 2023 | 65,000 /yr |
1408, Yacht Bay in numbers
- Sold once: by Select Global Development on 21 June 2009 for AED 587,500, or AED 425 per sqft.
- Rented since July 2019 on 4 Ejari contracts, from AED 120,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2009 price is 9.4%, before a service charge of about AED 26,700 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 19 September 2023.
Questions about 1408, Yacht Bay
What did unit 1408 last sell for?
AED 587,500 on 21 June 2009, sold by the developer: AED 425 per sqft for 1,382 sqft. It is the only registered sale of the unit.
What is the rent for unit 1408?
AED 55,000 a year on the contract signed on 19 September 2023. The previous contract, from September 2021, was AED 80,000; the unit has been rented since July 2019.
How big is unit 1408?
1,382 sqft (128.4 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2007.
What is unit 1408 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 1408, Yacht Bay
Starts from the last sale price (AED 588K, 21 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 587,500
- Deposit, UAE resident (20%)
- AED 117,500
- Deposit, non-resident (40%)
- AED 235,000
- Monthly over 25 years at 3.7%
- AED 2,404
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →