Studio · 546 sqftYacht Bay, Dubai Marina · 15th floor · completed 2007

1503, Yacht Bay

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1503 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 575K2 June 2022
Current rentAED 85K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1503, Yacht Bay

What is 1503 worth today?

Last sold for AED 575,000 in 2022

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1 Feb 2026RentedNew contract
AED 85,000/yr12 months · AED 158 per sqft
1 Oct 2025RentedRenewal
AED 50,000/yr12 months · AED 91 per sqft
1 Oct 2024RentedNew contract
AED 86,000/yr12 months · AED 157 per sqft
2 Jun 2022SoldReady
AED 575,000AED 1,053 per sqft
18 Sep 2021RentedNew contract
AED 39,000/yr12 months · AED 71 per sqft
17 May 2020RentedRenewal
AED 50,000/yr12 months · AED 92 per sqft
17 May 2019RentedRenewal
AED 55,000/yr12 months · AED 101 per sqft
17 May 2018RentedNew contract
AED 55,000/yr12 months · AED 101 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
Studio apartment
Size
546 sqft
Floor
15th of 16
Parking
B1- 78
Developer
Select Global Development
Completed
2007
Service charge
AED 10,600 /yr
Last sold
AED 575K · June 2022
Building
Yacht Bay

About 1503, Yacht Bay

1503 is a studio of 546 sqft on the 15th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. It last sold on 2 June 2022 for AED 575,000, or AED 1,053 per sqft, 6% below the AED 1,118 studios in the building were fetching at the time.

It has been rented continuously since 2011 on 14 Ejari contracts. The current contract, signed on 1 February 2026, is AED 85,000 a year: a gross yield of 14.8% on the 2022 price, before the service charge of about AED 10,600 a year.

Sales and rents for 1503 over time

Sales
Unit 1503, 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, May 2010: AED 488,610 (AED 894 per sqft)Sold, June 2022: AED 575,000 (AED 1,053 per sqft)

1503 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1503, each contractTypical studio in Yacht Bay
50K75K20112015201920232027Typical 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, March 2011: AED 40,000 a yearNew contract, April 2012: AED 45,000 a yearNew contract, May 2013: AED 50,000 a yearRenewal, May 2014: AED 52,500 a yearNew contract, June 2015: AED 70,000 a yearRenewal, June 2016: AED 70,000 a yearRenewal, June 2017: AED 70,000 a yearNew contract, May 2018: AED 55,000 a yearRenewal, May 2019: AED 55,000 a yearRenewal, May 2020: AED 50,000 a yearNew contract, September 2021: AED 39,000 a yearNew contract, October 2024: AED 86,000 a yearRenewal, October 2025: AED 50,000 a yearNew contract, February 2026: AED 85,000 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 1503 sits

All 60 studios →

1503 last sold in June 2022 at AED 1,053 per sqft, 6% below what studios in Yacht Bay were fetching at the time (AED 1,118). 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. 1503's AED 85,000 is in the upper 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 15th floor

All 174 units in Yacht Bay
Value
1501StudioAED 860K · Mar 2026
1502StudioAED 750K · Jan 2017
1504StudioAED 680K · Mar 2023
15051-bedAED 900K · Oct 2013
15061-bedAED 1.2M · Oct 2023
15072-bedAED 1.5M · Sep 2022
15082-bedAED 1.72M · Aug 2026
1–7 of 10

1503, Yacht Bay in numbers

  • Sold twice: first on 4 May 2010 for AED 488,610, last on 2 June 2022 for AED 575,000 (AED 1,053 per sqft).
  • Rented since March 2011 on 14 Ejari contracts, from AED 40,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2022 price is 14.8%, before a service charge of about AED 10,600 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 1 February 2026.

Questions about 1503, Yacht Bay

What did unit 1503 last sell for?

AED 575,000 on 2 June 2022: AED 1,053 per sqft for 546 sqft. The unit has 2 registered sales; the first was AED 488,610 in May 2010.

What is the rent for unit 1503?

AED 85,000 a year on the contract signed on 1 February 2026. The previous contract, from October 2025, was AED 50,000; the unit has been rented since March 2011.

How big is unit 1503?

546 sqft (50.7 sqm): a studio on the 15th floor of a 16-storey tower completed in 2007.

What is unit 1503 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.

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Mortgage on 1503, Yacht Bay

Starts from the last sale price (AED 575K, 2 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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