1608, Yacht Bay
Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1608, Yacht Bay
What is 1608 worth today?
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Source: Dubai Land Department. Updated 31 October 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 2,103 sqft
- Floor
- 16th of 16
- Parking
- B1- 72 - 73
- Developer
- Select Global Development
- Completed
- 2007
- Service charge
- AED 40,700 /yr
- Last sold
- AED 2M · October 2022
- Building
- Yacht Bay
About 1608, Yacht Bay
1608 is a two-bedroom apartment of 2,103 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 31 October 2022 for AED 2,000,000, or AED 950 per sqft, 5% above the AED 902 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 12 July 2019, is AED 137,143 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 40,700 a year.
Sales and rents for 1608 over time
1608 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1608 sits
All 77 2-beds →1608 last sold in October 2022 at AED 950 per sqft, 5% above what two-beds in Yacht Bay were fetching at the time (AED 902). 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. 1608's AED 137,143 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,382 sqft | 1,900,000 | 1,374 | ||
| 7 Aug 20267 August 2026 | 1,382 sqft | 1,720,000 | 1,244 | ||
| 7 May 20267 May 2026 | 1,173 sqft | 1,875,000 | 1,598 | ||
| 14 Apr 202614 April 2026 | 1,382 sqft | 1,930,000 | 1,396 |
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 | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 2,319 sqft | AED 1.9MAED 1,900,000 · Mar 2022March 2022 | 125,383 /yr | |
| 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 | ||
| 1609 | 3-bed | 2,555 sqft | AED 2.1MAED 2,100,000 · Aug 2021August 2021 | 170,000 /yr |
1608, Yacht Bay in numbers
- Sold 3 times: first on 25 December 2008 for AED 1,829,760, last on 31 October 2022 for AED 2,000,000 (AED 950 per sqft).
- Rented since August 2012 on 7 Ejari contracts, from AED 160,000 to AED 137,143 a year.
- At AED 137,143 a year the gross yield on the 2022 price is 6.9%, before a service charge of about AED 40,700 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 31 October 2022.
Questions about 1608, Yacht Bay
What did unit 1608 last sell for?
AED 2,000,000 on 31 October 2022: AED 950 per sqft for 2,103 sqft. The unit has 3 registered sales; the first was AED 1,829,760 in December 2008.
What is the rent for unit 1608?
AED 137,143 a year on the contract signed on 12 July 2019. The previous contract, from July 2018, was AED 172,000; the unit has been rented since August 2012.
How big is unit 1608?
2,103 sqft (195.4 sqm): a two-bedroom apartment on the 16th floor of a 16-storey tower completed in 2007.
What is unit 1608 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 1608, Yacht Bay
Starts from the last sale price (AED 2M, 31 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →