2-bed · 1,185 sqftYacht Bay, Dubai Marina · 14th floor · completed 2007

1411, Yacht Bay

Sold prices and rental history: sold twice, last in July 2023, and rented once, from January 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1411 · DLD and Ejari recordsUpdated 14 July 2023
Last soldAED 1.45M14 July 2023
Current rentAED 65K /yr1 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1411, Yacht Bay

What is 1411 worth today?

Last sold for AED 1,450,000 in 2023

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14 Jul 2023SoldReady
AED 1,450,000AED 1,223 per sqft
1 Jan 2021RentedNew contract
AED 65,000/yr12 months · AED 55 per sqft
8 Jul 2009Sold by developerReady
AED 568,339AED 479 per sqft

Source: Dubai Land Department. Updated 14 July 2023.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
14th of 16
Parking
B1- 05
Developer
Select Global Development
Completed
2007
Service charge
AED 22,900 /yr
Last sold
AED 1.45M · July 2023
Building
Yacht Bay

About 1411, Yacht Bay

1411 is a two-bedroom apartment of 1,185 sqft on the 14th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. It last sold on 14 July 2023 for AED 1,450,000, or AED 1,223 per sqft, 28% above the AED 956 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2021. The current contract, signed on 1 January 2021, is AED 65,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 22,900 a year.

Sales and rents for 1411 over time

Sales
Unit 1411, 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, July 2009: AED 568,339 (AED 479 per sqft)Sold, July 2023: AED 1,450,000 (AED 1,223 per sqft)

1411 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1411, 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, January 2021: AED 65,000 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 1411 sits

All 77 2-beds →

1411 last sold in July 2023 at AED 1,223 per sqft, 28% above what two-beds in Yacht Bay were fetching at the time (AED 956). 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. 1411's AED 65,000 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 14th floor

All 174 units in Yacht Bay
Value
1401StudioAED 455K · Dec 2014
1402StudioAED 553K · Dec 2008
1403StudioAED 600K · Aug 2009
1404StudioAED 400K · Apr 2012
14051-bedAED 336K · Jun 2009
14061-bedAED 1.23M · Dec 2013
14072-bedAED 1.1M · Nov 2008
1–7 of 10

1411, Yacht Bay in numbers

  • Sold twice: first on 8 July 2009 for AED 568,339, last on 14 July 2023 for AED 1,450,000 (AED 1,223 per sqft).
  • Rented since January 2021 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 4.5%, 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 14 July 2023.

Questions about 1411, Yacht Bay

What did unit 1411 last sell for?

AED 1,450,000 on 14 July 2023: AED 1,223 per sqft for 1,185 sqft. The unit has 2 registered sales; the first was AED 568,339 in July 2009.

What is the rent for unit 1411?

AED 65,000 a year on the contract signed on 1 January 2021.

How big is unit 1411?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the 14th floor of a 16-storey tower completed in 2007.

What is unit 1411 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 1411, Yacht Bay

Starts from the last sale price (AED 1.45M, 14 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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