1601, Yacht Bay
Sold prices and rental history: sold 3 times, last in March 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Yacht Bay
What is 1601 worth today?
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Source: Dubai Land Department. Updated 30 October 2022.
Key facts
- Type
- 3-bed apartment
- Size
- 2,319 sqft
- Floor
- 16th of 16
- Parking
- B1- 66 - 67
- Developer
- Select Global Development
- Completed
- 2007
- Service charge
- AED 44,800 /yr
- Last sold
- AED 1.9M · March 2022
- Building
- Yacht Bay
About 1601, Yacht Bay
1601 is a three-bedroom apartment of 2,319 sqft on the 16th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. It last sold on 22 March 2022 for AED 1,900,000, or AED 819 per sqft.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 30 October 2022, is AED 125,383 a year: a gross yield of 6.6% on the 2022 price, before the service charge of about AED 44,800 a year.
Sales and rents for 1601 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Yacht Bay, and where 1601 sits
All 6 3-beds →Over the last 12 months three-beds sold for AED 4,100,000, around AED 1,406 per sqft, and rent for AED 135,000 to 250,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 2,915 sqft | 4,100,000 | 1,406 | ||
| 4 Aug 20214 August 2021 | 2,555 sqft | 2,100,000 | 821 | ||
| 22 Feb 202122 February 2021 | 2,915 sqft | 1,500,000 | 514 | ||
| 15 Dec 201915 December 2019 | 2,555 sqft | 1,375,000 | 538 |
Yacht Bay
Building174 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%
Other units on the 16th floor
All 174 units in Yacht Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 3-bed | 2,001 sqft | AED 1.59MAED 1,590,000 · May 2012May 2012 | 135,000 /yr | |
| 1603 | 1-bed | 1,502 sqft | AED 1.38MAED 1,375,000 · Nov 2021November 2021 | 140,000 /yr | |
| 1604 | 2-bed | 1,828 sqft | AED 1.1MAED 1,100,000 · Jun 2021June 2021 | 113,000 /yr | |
| 1605 | 3-bed | 2,995 sqft | AED 2.7MAED 2,700,000 · May 2013May 2013 | 125,000 /yr | |
| 1606 | 3-bed | 2,915 sqft | AED 4.1MAED 4,100,000 · Nov 2026November 2026 | 250,000 /yr | |
| 1607 | 3-bed | 2,132 sqft | AED 2.39MAED 2,390,000 · Jun 2013June 2013 | ||
| 1608 | 2-bed | 2,103 sqft | AED 2MAED 2,000,000 · Oct 2022October 2022 | 137,143 /yr | |
| 1609 | 3-bed | 2,555 sqft | AED 2.1MAED 2,100,000 · Aug 2021August 2021 | 170,000 /yr |
1601, Yacht Bay in numbers
- Sold 3 times: first on 14 June 2010 for AED 1,303,140, last on 22 March 2022 for AED 1,900,000 (AED 819 per sqft).
- Rented since March 2013 on 6 Ejari contracts, from AED 130,000 to AED 125,383 a year.
- At AED 125,383 a year the gross yield on the 2022 price is 6.6%, before a service charge of about AED 44,800 a year (AED 19.34 per sqft).
- Three-beds in Yacht Bay sold for AED 4,100,000–4,100,000 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 30 October 2022.
Questions about 1601, Yacht Bay
What did unit 1601 last sell for?
AED 1,900,000 on 22 March 2022: AED 819 per sqft for 2,319 sqft. The unit has 3 registered sales; the first was AED 1,303,140 in June 2010.
What is the rent for unit 1601?
AED 125,383 a year on the contract renewed on 30 October 2022. The previous contract, from October 2021, was AED 115,000; the unit has been rented since March 2013.
How big is unit 1601?
2,319 sqft (215.4 sqm): a three-bedroom apartment on the 16th floor of a 16-storey tower completed in 2007.
What is unit 1601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Yacht Bay sold for AED 4,100,000 to 4,100,000 in the last 12 months, around AED 1,406 per sqft.
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Mortgage on 1601, Yacht Bay
Starts from the last sale price (AED 1.9M, 22 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,900,000
- Deposit, UAE resident (20%)
- AED 380,000
- Deposit, non-resident (40%)
- AED 760,000
- Monthly over 25 years at 3.7%
- AED 7,773
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →