3-bed · 2,995 sqftYacht Bay, Dubai Marina · 16th floor · completed 2007

1605, Yacht Bay

Sold prices and rental history: sold twice, last in May 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 1 March 2021
Last soldAED 2.7M20 May 2013
Current rentAED 125K /yr1 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Yacht Bay

What is 1605 worth today?

Last sold for AED 2,700,000 in 2013

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1 Mar 2021RentedNew contract
AED 125,000/yr12 months · AED 42 per sqft
10 Nov 2018RentedNew contract
AED 160,000/yr12 months · AED 53 per sqft
4 Sep 2017RentedNew contract
AED 185,000/yr12 months · AED 62 per sqft
20 May 2013SoldReady
AED 2,700,000AED 901 per sqft
1 May 2012RentedNew contract
AED 150,000/yr12 months · AED 50 per sqft
15 Oct 2008Sold by developerReady
AED 2,605,440AED 869 per sqft

Source: Dubai Land Department. Updated 1 March 2021.

Key facts

Type
3-bed apartment
Size
2,995 sqft
Floor
16th of 16
Parking
B1- 61 - 62
Developer
Select Global Development
Completed
2007
Service charge
AED 57,900 /yr
Last sold
AED 2.7M · May 2013
Building
Yacht Bay

About 1605, Yacht Bay

1605 is a three-bedroom apartment of 2,995 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 20 May 2013 for AED 2,700,000, or AED 901 per sqft.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 1 March 2021, is AED 125,000 a year: a gross yield of 4.6% on the 2013 price, before the service charge of about AED 57,900 a year.

Sales and rents for 1605 over time

Rents
Unit 1605, each contractTypical three-bed in Yacht Bay
150K2012201520182021Typical rent by year: 2015 AED 170,000; 2017 AED 175,000; 2018 AED 145,000; 2021 AED 115,000New contract, May 2012: AED 150,000 a yearNew contract, September 2017: AED 185,000 a yearNew contract, November 2018: AED 160,000 a yearNew contract, March 2021: AED 125,000 a year

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 1605 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 salesUnit no.Price (AED)Summary
2 Nov 20264,100,000
22 Mar 20221,900,000
4 Aug 20212,100,000
22 Feb 20211,500,000
1 3-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 16th floor

All 174 units in Yacht Bay
Value
16013-bedAED 1.9M · Mar 2022
16023-bedAED 1.59M · May 2012
16031-bedAED 1.38M · Nov 2021
16042-bedAED 1.1M · Jun 2021
16063-bedAED 4.1M · Nov 2026
16073-bedAED 2.39M · Jun 2013
16082-bedAED 2M · Oct 2022
1–7 of 8

1605, Yacht Bay in numbers

  • Sold twice: first on 15 October 2008 for AED 2,605,440, last on 20 May 2013 for AED 2,700,000 (AED 901 per sqft).
  • Rented since May 2012 on 4 Ejari contracts, from AED 150,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2013 price is 4.6%, before a service charge of about AED 57,900 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 1 March 2021.

Questions about 1605, Yacht Bay

What did unit 1605 last sell for?

AED 2,700,000 on 20 May 2013: AED 901 per sqft for 2,995 sqft. The unit has 2 registered sales; the first was AED 2,605,440 in October 2008.

What is the rent for unit 1605?

AED 125,000 a year on the contract signed on 1 March 2021. The previous contract, from November 2018, was AED 160,000; the unit has been rented since May 2012.

How big is unit 1605?

2,995 sqft (278.2 sqm): a three-bedroom apartment on the 16th floor of a 16-storey tower completed in 2007.

What is unit 1605 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 1605, Yacht Bay

Starts from the last sale price (AED 2.7M, 20 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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