Studio · 554 sqftYacht Bay, Dubai Marina · 4th floor · completed 2007

402, Yacht Bay

Sold prices and rental history: sold twice, last in September 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 5 November 2024
Last soldAED 675K5 September 2018
Current rentAED 62K /yr5 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Yacht Bay

What is 402 worth today?

Last sold for AED 675,000 in 2018

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5 Nov 2024RentedRenewal
AED 61,500/yr12 months · AED 112 per sqft
5 Nov 2023RentedRenewal
AED 51,500/yr12 months · AED 94 per sqft
5 Nov 2022RentedRenewal
AED 49,000/yr12 months · AED 89 per sqft
5 Nov 2021RentedNew contract
AED 47,000/yr12 months · AED 86 per sqft
1 Nov 2020RentedRenewal
AED 45,000/yr12 months · AED 82 per sqft
1 Nov 2019RentedRenewal
AED 52,000/yr12 months · AED 95 per sqft
1 Nov 2018RentedNew contract
AED 57,000/yr12 months · AED 104 per sqft
5 Sep 2018SoldReady
AED 675,000AED 1,218 per sqft

Source: Dubai Land Department. Updated 5 November 2024.

Key facts

Type
Studio apartment
Size
554 sqft
Floor
4th of 16
Parking
B2-35
Developer
Select Global Development
Completed
2007
Service charge
AED 10,700 /yr
Last sold
AED 675K · September 2018
Building
Yacht Bay

About 402, Yacht Bay

402 is a studio of 554 sqft on the 4th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. It last sold on 5 September 2018 for AED 675,000, or AED 1,218 per sqft.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 5 November 2024, is AED 61,500 a year: a gross yield of 9.1% on the 2018 price, before the service charge of about AED 10,700 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical studio in Yacht Bay
500K750K1M2008201320182023Typical sale price by year: 2008 AED 465,018; 2009 AED 478,030; 2010 AED 496,455; 2011 AED 440,000; 2012 AED 495,747; 2013 AED 585,000; 2014 AED 820,000; 2015 AED 615,000; 2017 AED 785,000; 2021 AED 580,000; 2022 AED 620,000; 2023 AED 715,000; 2024 AED 900,000; 2025 AED 940,000; 2026 AED 925,000Sold by developer, July 2009: AED 453,960 (AED 819 per sqft)Sold, September 2018: AED 675,000 (AED 1,218 per sqft)

402 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 402, each contractTypical studio in Yacht Bay
40K60K2012201620202024Typical rent by year: 2012 AED 45,000; 2013 AED 54,000; 2014 AED 60,000; 2015 AED 69,333; 2016 AED 68,000; 2017 AED 65,000; 2018 AED 58,000; 2019 AED 50,000; 2020 AED 43,000; 2021 AED 38,000; 2022 AED 47,000; 2023 AED 52,000; 2024 AED 68,125; 2025 AED 68,250; 2026 AED 60,375New contract, November 2018: AED 57,000 a yearRenewal, November 2019: AED 52,000 a yearRenewal, November 2020: AED 45,000 a yearNew contract, November 2021: AED 47,000 a yearRenewal, November 2022: AED 49,000 a yearRenewal, November 2023: AED 51,500 a yearRenewal, November 2024: AED 61,500 a year

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

Studios in Yacht Bay, and where 402 sits

All 60 studios →

Over the last 12 months studios sold for AED 860,000 to 930,000, around AED 1,693 per sqft, and rent for AED 45,000 to 120,000 a year. 402's AED 61,500 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Mar 2026860,000
26 Jan 2026930,000
16 Jan 2026925,000
16 Jun 2025170,000
3 studio 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 4th floor

All 174 units in Yacht Bay
Value
401StudioAED 170K · Jun 2025
403StudioAED 450K · Aug 2008
404StudioAED 370K · Dec 2010
4051-bedAED 1.15M · Nov 2023
4061-bedAED 638K · Jul 2009
4072-bedAED 1.45M · Oct 2018
4082-bedAED 1.18M · Aug 2008
1–7 of 10

402, Yacht Bay in numbers

  • Sold twice: first on 5 July 2009 for AED 453,960, last on 5 September 2018 for AED 675,000 (AED 1,218 per sqft).
  • Rented since November 2018 on 7 Ejari contracts. The rent fell from AED 57,000 to AED 45,000 in 2020 and recovered to AED 61,500 by November 2024.
  • At AED 61,500 a year the gross yield on the 2018 price is 9.1%, before a service charge of about AED 10,700 a year (AED 19.34 per sqft).
  • Studios in Yacht Bay sold for AED 860,000–930,000 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 5 November 2024.

Questions about 402, Yacht Bay

What did unit 402 last sell for?

AED 675,000 on 5 September 2018: AED 1,218 per sqft for 554 sqft. The unit has 2 registered sales; the first was AED 453,960 in July 2009.

What is the rent for unit 402?

AED 61,500 a year on the contract renewed on 5 November 2024. The previous contract, from November 2023, was AED 51,500; the unit has been rented since November 2018.

How big is unit 402?

554 sqft (51.5 sqm): a studio on the 4th floor of a 16-storey tower completed in 2007.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Yacht Bay sold for AED 860,000 to 930,000 in the last 12 months, around AED 1,693 per sqft.

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Mortgage on 402, Yacht Bay

Starts from the last sale price (AED 675K, 5 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

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