2-bed · 1,185 sqftYacht Bay, Dubai Marina · 15th floor · completed 2007

1511, Yacht Bay

Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1511 · DLD and Ejari recordsUpdated 28 August 2026
Last soldAED 1.63M11 November 2024
Current rentAED 100K /yr28 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1511, Yacht Bay

What is 1511 worth today?

Last sold for AED 1,625,000 in 2024

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28 Aug 2026RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
20 Jan 2026RentedNew contract
AED 116,000/yr15 months · AED 98 per sqft
20 Jan 2026RentedNew contract
AED 116,000/yr15 months · AED 98 per sqft
24 Nov 2024RentedNew contract
AED 120,000/yr12 months · AED 101 per sqft
24 Nov 2024RentedNew contract
AED 120,000/yr12 months · AED 101 per sqft
11 Nov 2024SoldReady
AED 1,625,000AED 1,371 per sqft
19 Feb 2023RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
27 Apr 2022SoldReady
AED 1,070,000AED 902 per sqft

Source: Dubai Land Department. Updated 28 August 2026.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
15th of 16
Parking
B1- 86
Developer
Select Global Development
Completed
2007
Service charge
AED 22,900 /yr
Last sold
AED 1.63M · November 2024
Building
Yacht Bay

About 1511, Yacht Bay

1511 is a two-bedroom apartment of 1,185 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 11 November 2024 for AED 1,625,000, or AED 1,371 per sqft, 7% above the AED 1,278 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, signed on 28 August 2026, is AED 100,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 22,900 a year.

Sales and rents for 1511 over time

Sales
Unit 1511, each saleTypical two-bed in Yacht Bay
1M1.5M2M2008201320182023Typical 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, February 2009: AED 1,064,440 (AED 898 per sqft)Sold, May 2018: AED 1,150,000 (AED 970 per sqft)Sold, April 2022: AED 1,070,000 (AED 902 per sqft)Sold, November 2024: AED 1,625,000 (AED 1,371 per sqft)

1511 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1511, 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 2014: AED 110,000 a yearNew contract, January 2015: AED 116,000 a yearRenewal, January 2016: AED 120,000 a yearRenewal, January 2017: AED 116,686 a yearNew contract, January 2019: AED 94,745 a yearRenewal, January 2020: AED 85,000 a yearNew contract, January 2021: AED 62,000 a yearNew contract, February 2022: AED 75,000 a yearNew contract, February 2023: AED 75,000 a yearNew contract, November 2024: AED 120,000 a yearNew contract, November 2024: AED 120,000 a yearNew contract, January 2026: AED 116,000 a yearNew contract, January 2026: AED 116,000 a yearNew contract, August 2026: AED 100,000 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 1511 sits

All 77 2-beds →

1511 last sold in November 2024 at AED 1,371 per sqft, 7% above what two-beds in Yacht Bay were fetching at the time (AED 1,278). 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. 1511's AED 100,000 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
15072-bedAED 1.5M · Sep 2022
1–7 of 10

1511, Yacht Bay in numbers

  • Sold 4 times: first on 3 February 2009 for AED 1,064,440, last on 11 November 2024 for AED 1,625,000 (AED 1,371 per sqft).
  • Rented since January 2014 on 14 Ejari contracts. The rent fell from AED 110,000 to AED 62,000 in 2021 and recovered to AED 100,000 by August 2026.
  • At AED 100,000 a year the gross yield on the 2024 price is 6.2%, 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 28 August 2026.

Questions about 1511, Yacht Bay

What did unit 1511 last sell for?

AED 1,625,000 on 11 November 2024: AED 1,371 per sqft for 1,185 sqft. The unit has 4 registered sales; the first was AED 1,064,440 in February 2009.

What is the rent for unit 1511?

AED 100,000 a year on the contract signed on 28 August 2026. The previous contract, from January 2026, was AED 116,000; the unit has been rented since January 2014.

How big is unit 1511?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2007.

What is unit 1511 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 1511, Yacht Bay

Starts from the last sale price (AED 1.63M, 11 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,625,000
Deposit, UAE resident (20%)
AED 325,000
Deposit, non-resident (40%)
AED 650,000
Monthly over 25 years at 3.7%
AED 6,648

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