Studio · 460 sqftYacht Bay, Dubai Marina · 15th floor · completed 2007

1504, Yacht Bay

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1504 · DLD and Ejari recordsUpdated 7 March 2023
Last soldAED 680K7 March 2023
Current rentAED 45K /yr2 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1504, Yacht Bay

What is 1504 worth today?

Last sold for AED 680,000 in 2023

Unlock today's estimate, updated daily, with

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

7 Mar 2023SoldReady
AED 680,000AED 1,478 per sqft
2 Jun 2022RentedRenewal
AED 45,000/yr1 months · AED 97 per sqft
2 Jun 2021RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
5 Jun 2020RentedNew contract
AED 35,000/yr12 months · AED 76 per sqft
7 Sep 2019RentedNew contract
AED 43,000/yr12 months · AED 93 per sqft
20 Apr 2018RentedNew contract
AED 58,000/yr12 months · AED 125 per sqft
1 Jan 2016RentedNew contract
AED 75,000/yr12 months · AED 162 per sqft
27 Jul 2015Sold by developerReady
AED 421,860AED 916 per sqft

Source: Dubai Land Department. Updated 7 March 2023.

Key facts

Type
Studio apartment
Size
460 sqft
Floor
15th of 16
Parking
B1- 87
Developer
Select Global Development
Completed
2007
Service charge
AED 8,900 /yr
Last sold
AED 680K · March 2023
Building
Yacht Bay

About 1504, Yacht Bay

1504 is a studio of 460 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 7 March 2023 for AED 680,000, or AED 1,478 per sqft, 24% above the AED 1,195 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 2 June 2022, is AED 45,000 a year: a gross yield of 6.6% on the 2023 price, before the service charge of about AED 8,900 a year.

Sales and rents for 1504 over time

Sales
Unit 1504, 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, July 2015: AED 421,860 (AED 916 per sqft)Sold, March 2023: AED 680,000 (AED 1,478 per sqft)

1504 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1504, each contractTypical studio in Yacht Bay
40K60K80K2012201620202024Typical 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, January 2016: AED 75,000 a yearNew contract, April 2018: AED 58,000 a yearNew contract, September 2019: AED 43,000 a yearNew contract, June 2020: AED 35,000 a yearNew contract, June 2021: AED 45,000 a yearRenewal, June 2022: AED 45,000 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 1504 sits

All 60 studios →

1504 last sold in March 2023 at AED 1,478 per sqft, 24% above what studios in Yacht Bay were fetching at the time (AED 1,195). 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. 1504's AED 45,000 is at the bottom 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
1503StudioAED 575K · Jun 2022
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

1504, Yacht Bay in numbers

  • Sold twice: first on 27 July 2015 for AED 421,860, last on 7 March 2023 for AED 680,000 (AED 1,478 per sqft).
  • Rented since January 2016 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 35,000 in 2020 and recovered to AED 45,000 by June 2022.
  • At AED 45,000 a year the gross yield on the 2023 price is 6.6%, 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 7 March 2023.

Questions about 1504, Yacht Bay

What did unit 1504 last sell for?

AED 680,000 on 7 March 2023: AED 1,478 per sqft for 460 sqft. The unit has 2 registered sales; the first was AED 421,860 in July 2015.

What is the rent for unit 1504?

AED 45,000 a year on the contract renewed on 2 June 2022. The previous contract, from June 2021, was AED 45,000; the unit has been rented since January 2016.

How big is unit 1504?

460 sqft (42.7 sqm): a studio on the 15th floor of a 16-storey tower completed in 2007.

What is unit 1504 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 1504? 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 1504, Yacht Bay

Starts from the last sale price (AED 680K, 7 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

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