2-bed · 1,558 sqftYacht Bay, Dubai Marina · 15th floor · completed 2007

1507, Yacht Bay

Sold prices and rental history: sold 3 times, last in September 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1507 · DLD and Ejari recordsUpdated 14 September 2022
Last soldAED 1.5M14 September 2022
Current rentAED 103K /yr28 May 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Yacht Bay

What is 1507 worth today?

Last sold for AED 1,500,000 in 2022

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14 Sep 2022SoldReady
AED 1,500,000AED 962 per sqft
28 May 2019RentedNew contract
AED 103,000/yr12 months · AED 66 per sqft
28 May 2018RentedNew contract
AED 103,000/yr12 months · AED 66 per sqft
9 Feb 2017SoldReady
AED 1,650,000AED 1,059 per sqft
4 Apr 2011Sold by developerReady
AED 707,400AED 454 per sqft

Source: Dubai Land Department. Updated 14 September 2022.

Key facts

Type
2-bed apartment
Size
1,558 sqft
Floor
15th of 16
Parking
B1- 91
Developer
Select Global Development
Completed
2007
Service charge
AED 30,100 /yr
Last sold
AED 1.5M · September 2022
Building
Yacht Bay

About 1507, Yacht Bay

1507 is a two-bedroom apartment of 1,558 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 14 September 2022 for AED 1,500,000, or AED 962 per sqft, 10% above the AED 873 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 28 May 2019, is AED 103,000 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 30,100 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, 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, April 2011: AED 707,400 (AED 454 per sqft)Sold, February 2017: AED 1,650,000 (AED 1,059 per sqft)Sold, September 2022: AED 1,500,000 (AED 962 per sqft)

1507 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1507, 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, May 2018: AED 103,000 a yearNew contract, May 2019: AED 103,000 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 1507 sits

All 77 2-beds →

1507 last sold in September 2022 at AED 962 per sqft, 10% above what two-beds in Yacht Bay were fetching at the time (AED 873). 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. 1507's AED 103,000 is in the lower half 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 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
15061-bedAED 1.2M · Oct 2023
15082-bedAED 1.72M · Aug 2026
1–7 of 10

1507, Yacht Bay in numbers

  • Sold 3 times: first on 4 April 2011 for AED 707,400, last on 14 September 2022 for AED 1,500,000 (AED 962 per sqft).
  • Rented since May 2018 on 2 Ejari contracts, at AED 103,000 a year.
  • At AED 103,000 a year the gross yield on the 2022 price is 6.9%, before a service charge of about AED 30,100 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 September 2022.

Questions about 1507, Yacht Bay

What did unit 1507 last sell for?

AED 1,500,000 on 14 September 2022: AED 962 per sqft for 1,558 sqft. The unit has 3 registered sales; the first was AED 707,400 in April 2011.

What is the rent for unit 1507?

AED 103,000 a year on the contract signed on 28 May 2019. The previous contract, from May 2018, was AED 103,000.

How big is unit 1507?

1,558 sqft (144.7 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2007.

What is unit 1507 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 1507, Yacht Bay

Starts from the last sale price (AED 1.5M, 14 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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