1-bed · 801 sqftYacht Bay, Dubai Marina · 3rd floor · completed 2007

306, Yacht Bay

Sold prices and rental history: sold 3 times, last in November 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.04M28 November 2023
Current rentAED 135K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Yacht Bay

What is 306 worth today?

Last sold for AED 1,040,000 in 2023

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1 Jul 2024RentedNew contract
AED 135,000/yr12 months · AED 169 per sqft
1 Jul 2024RentedNew contract
AED 135,000/yr12 months · AED 169 per sqft
28 Nov 2023SoldReady
AED 1,040,000AED 1,298 per sqft
1 Sep 2022RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft
30 Jun 2019RentedNew contract
AED 64,000/yr12 months · AED 80 per sqft
10 Mar 2017RentedRenewal
AED 85,000/yr12 months · AED 107 per sqft
10 Mar 2016RentedNew contract
AED 85,000/yr12 months · AED 107 per sqft
4 Nov 2013SoldReady
AED 1,150,000AED 1,435 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
3rd of 16
Parking
B2-28
Developer
Select Global Development
Completed
2007
Service charge
AED 15,500 /yr
Last sold
AED 1.04M · November 2023
Building
Yacht Bay

About 306, Yacht Bay

306 is a one-bedroom apartment of 801 sqft on the 3rd floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. It last sold on 28 November 2023 for AED 1,040,000, or AED 1,298 per sqft, in line with the AED 1,298 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 1 July 2024, is AED 135,000 a year: a gross yield of 13.0% on the 2023 price, before the service charge of about AED 15,500 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Yacht Bay
500K1M2008201320182023Typical sale price by year: 2008 AED 873,845; 2009 AED 612,295; 2010 AED 594,060; 2011 AED 314,730; 2012 AED 677,500; 2013 AED 995,000; 2015 AED 1,100,000; 2023 AED 1,080,000; 2025 AED 1,225,000Sold by developer, March 2011: AED 314,730 (AED 392 per sqft)Sold, November 2013: AED 1,150,000 (AED 1,435 per sqft)Sold, November 2023: AED 1,040,000 (AED 1,298 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Yacht Bay
50K100K150K2013201720212025Typical rent by year: 2013 AED 70,000; 2014 AED 80,500; 2015 AED 86,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 59,000; 2021 AED 50,000; 2022 AED 60,000; 2023 AED 75,000; 2024 AED 80,000; 2025 AED 86,000; 2026 AED 81,500New contract, March 2016: AED 85,000 a yearRenewal, March 2017: AED 85,000 a yearNew contract, June 2019: AED 64,000 a yearNew contract, September 2022: AED 60,000 a yearNew contract, July 2024: AED 135,000 a yearNew contract, July 2024: AED 135,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Yacht Bay, and where 306 sits

All 31 1-beds →

306 last sold in November 2023 at AED 1,298 per sqft, in line with what one-beds in Yacht Bay were fetching at the time (AED 1,298). Over the last 12 months one-beds sold for AED 1,155,000, around AED 1,548 per sqft, and rent for AED 68,000 to 100,000 a year. 306's AED 135,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Aug 20261,155,000
9 Oct 20251,250,000
11 Jun 20251,225,000
27 Feb 20251,225,000
1 1-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 3rd floor

All 174 units in Yacht Bay
Value
301StudioAED 497K · Aug 2013
302StudioAED 471K · May 2009
303StudioAED 930K · Sep 2024
304StudioAED 620K · Nov 2022
3051-bedAED 600K · Jul 2010
3072-bedAED 1.43M · Jul 2018
3082-bedAED 1.75M · Jul 2024
1–7 of 10

306, Yacht Bay in numbers

  • Sold 3 times: first on 22 March 2011 for AED 314,730, last on 28 November 2023 for AED 1,040,000 (AED 1,298 per sqft).
  • Rented since March 2016 on 6 Ejari contracts. The rent fell from AED 85,000 to AED 60,000 in 2022 and recovered to AED 135,000 by July 2024.
  • At AED 135,000 a year the gross yield on the 2023 price is 13.0%, before a service charge of about AED 15,500 a year (AED 19.34 per sqft).
  • One-beds in Yacht Bay sold for AED 1,155,000–1,155,000 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 July 2024.

Questions about 306, Yacht Bay

What did unit 306 last sell for?

AED 1,040,000 on 28 November 2023: AED 1,298 per sqft for 801 sqft. The unit has 3 registered sales; the first was AED 314,730 in March 2011.

What is the rent for unit 306?

AED 135,000 a year on the contract signed on 1 July 2024. The previous contract, from July 2024, was AED 135,000; the unit has been rented since March 2016.

How big is unit 306?

801 sqft (74.4 sqm): a one-bedroom apartment on the 3rd floor of a 16-storey tower completed in 2007.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Yacht Bay sold for AED 1,155,000 to 1,155,000 in the last 12 months, around AED 1,548 per sqft.

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Mortgage on 306, Yacht Bay

Starts from the last sale price (AED 1.04M, 28 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,040,000
Deposit, UAE resident (20%)
AED 208,000
Deposit, non-resident (40%)
AED 416,000
Monthly over 25 years at 3.7%
AED 4,255

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