1-bed · 801 sqftYacht Bay, Dubai Marina · 15th floor · completed 2007

1506, Yacht Bay

Sold prices and rental history: sold 4 times, last in October 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 19 September 2026
Last soldAED 1.2M30 October 2023
Current rentAED 83K /yr19 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Yacht Bay

What is 1506 worth today?

Last sold for AED 1,200,000 in 2023

Unlock today's estimate, updated daily, with

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

19 Sep 2026RentedNew contract
AED 83,000/yr12 months · AED 104 per sqft
30 Oct 2023SoldReady
AED 1,200,000AED 1,498 per sqft
7 Oct 2015SoldReady
AED 535,000AED 667 per sqft
1 Oct 2014RentedNew contract
AED 85,000/yr12 months · AED 106 per sqft
15 Sep 2013RentedNew contract
AED 78,267/yr13 months · AED 98 per sqft
25 Jul 2013SoldReady
AED 1,050,000AED 1,310 per sqft
4 Apr 2011Sold by developerReady
AED 363,150AED 453 per sqft

Source: Dubai Land Department. Updated 19 September 2026.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
15th of 16
Parking
B1- 90
Developer
Select Global Development
Completed
2007
Service charge
AED 15,500 /yr
Last sold
AED 1.2M · October 2023
Building
Yacht Bay

About 1506, Yacht Bay

1506 is a one-bedroom apartment of 801 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 30 October 2023 for AED 1,200,000, or AED 1,498 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 19 September 2026, is AED 83,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 15,500 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, each saleTypical one-bed in Yacht Bay
500K1M2008201320182023Typical sale price by year: 2008 AED 873,845; 2009 AED 612,295; 2010 AED 594,060; 2011 AED 314,730; 2012 AED 677,500; 2013 AED 995,000; 2015 AED 1,100,000; 2023 AED 1,080,000; 2025 AED 1,225,000Sold by developer, April 2011: AED 363,150 (AED 453 per sqft)Sold, July 2013: AED 1,050,000 (AED 1,310 per sqft)Sold, October 2015: AED 535,000 (AED 667 per sqft)Sold, October 2023: AED 1,200,000 (AED 1,498 per sqft)

1506 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1506, each contractTypical one-bed in Yacht Bay
60K80K2013201720212025Typical rent by year: 2013 AED 70,000; 2014 AED 80,500; 2015 AED 86,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 59,000; 2021 AED 50,000; 2022 AED 60,000; 2023 AED 75,000; 2024 AED 80,000; 2025 AED 86,000; 2026 AED 81,500New contract, September 2013: AED 78,267 a yearNew contract, October 2014: AED 85,000 a yearNew contract, September 2026: AED 83,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Yacht Bay, and where 1506 sits

All 31 1-beds →

Over the last 12 months one-beds sold for AED 1,155,000, around AED 1,548 per sqft, and rent for AED 68,000 to 100,000 a year. 1506's AED 83,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Aug 20261,155,000
9 Oct 20251,250,000
11 Jun 20251,225,000
27 Feb 20251,225,000
1 1-bed sale 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
1504StudioAED 680K · Mar 2023
15051-bedAED 900K · Oct 2013
15072-bedAED 1.5M · Sep 2022
15082-bedAED 1.72M · Aug 2026
1–7 of 10

1506, Yacht Bay in numbers

  • Sold 4 times: first on 4 April 2011 for AED 363,150, last on 30 October 2023 for AED 1,200,000 (AED 1,498 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, from AED 78,267 to AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 15,500 a year (AED 19.34 per sqft).
  • One-beds in Yacht Bay sold for AED 1,155,000–1,155,000 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 2026.

Questions about 1506, Yacht Bay

What did unit 1506 last sell for?

AED 1,200,000 on 30 October 2023: AED 1,498 per sqft for 801 sqft. The unit has 4 registered sales; the first was AED 363,150 in April 2011.

What is the rent for unit 1506?

AED 83,000 a year on the contract signed on 19 September 2026. The previous contract, from October 2014, was AED 85,000; the unit has been rented since September 2013.

How big is unit 1506?

801 sqft (74.4 sqm): a one-bedroom apartment on the 15th floor of a 16-storey tower completed in 2007.

What is unit 1506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Yacht Bay sold for AED 1,155,000 to 1,155,000 in the last 12 months, around AED 1,548 per sqft.

Selling 1506? 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 1506, Yacht Bay

Starts from the last sale price (AED 1.2M, 30 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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