407, Yacht Bay
Sold prices and rental history: sold twice, last in October 2018, 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 407, Yacht Bay
What is 407 worth today?
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Source: Dubai Land Department. Updated 11 October 2018.
Key facts
- Type
- 2-bed apartment
- Size
- 1,558 sqft
- Floor
- 4th of 16
- Parking
- B2-40
- Developer
- Select Global Development
- Completed
- 2007
- Service charge
- AED 30,100 /yr
- Last sold
- AED 1.45M · October 2018
- Building
- Yacht Bay
About 407, Yacht Bay
407 is a two-bedroom apartment of 1,558 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 11 October 2018 for AED 1,450,000, or AED 930 per sqft, in line with the AED 950 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 15 September 2017, is AED 120,000 a year: a gross yield of 8.3% on the 2018 price, before the service charge of about AED 30,100 a year.
Sales and rents for 407 over time
407 has sold twice; 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 407 sits
All 77 2-beds →407 last sold in October 2018 at AED 930 per sqft, in line with what two-beds in Yacht Bay were fetching at the time (AED 950). 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. 407's AED 120,000 is in the lower 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 4th floor
All 174 units in Yacht Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 305 sqft | AED 170KAED 170,000 · Jun 2025June 2025 | 75,000 /yr | |
| 402 | Studio | 554 sqft | AED 675KAED 675,000 · Sep 2018September 2018 | 61,500 /yr | |
| 403 | Studio | 546 sqft | AED 450KAED 449,631 · Aug 2008August 2008 | 54,000 /yr | |
| 404 | Studio | 460 sqft | AED 370KAED 369,720 · Dec 2010December 2010 | 60,000 /yr | |
| 405 | 1-bed | 746 sqft | AED 1.15MAED 1,150,000 · Nov 2023November 2023 | 70,000 /yr | |
| 406 | 1-bed | 801 sqft | AED 638KAED 637,530 · Jul 2009July 2009 | 78,500 /yr | |
| 408 | 2-bed | 1,382 sqft | AED 1.18MAED 1,176,531 · Aug 2008August 2008 | 142,000 /yr | |
| 409 | 2-bed | 1,216 sqft | AED 780KAED 780,000 · Apr 2021April 2021 | 120,000 /yr | |
| 410 | 2-bed | 1,226 sqft | AED 1.55MAED 1,550,000 · Oct 2023October 2023 | 132,000 /yr | |
| 411 | 2-bed | 1,202 sqft | AED 1.05MAED 1,050,000 · Sep 2021September 2021 | 80,000 /yr |
407, Yacht Bay in numbers
- Sold twice: first on 6 January 2009 for AED 1,367,888, last on 11 October 2018 for AED 1,450,000 (AED 930 per sqft).
- Rented since January 2012 on 6 Ejari contracts, from AED 150,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2018 price is 8.3%, before a service charge of about AED 30,100 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 11 October 2018.
Questions about 407, Yacht Bay
What did unit 407 last sell for?
AED 1,450,000 on 11 October 2018: AED 930 per sqft for 1,558 sqft. The unit has 2 registered sales; the first was AED 1,367,888 in January 2009.
What is the rent for unit 407?
AED 120,000 a year on the contract signed on 15 September 2017. The previous contract, from August 2016, was AED 140,000; the unit has been rented since January 2012.
How big is unit 407?
1,558 sqft (144.7 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2007.
What is unit 407 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 407, Yacht Bay
Starts from the last sale price (AED 1.45M, 11 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →