Studio · 546 sqftYacht Bay, Dubai Marina · 5th floor · completed 2007

503, Yacht Bay

Sold prices and rental history: sold once, by the developer in October 2008, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 455K14 October 2008
Current rentAED 54K /yr20 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Yacht Bay

What is 503 worth today?

Last sold for AED 455,396 in 2008

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20 Feb 2025RentedNew contract
AED 54,000/yr12 months · AED 99 per sqft
20 Feb 2025RentedNew contract
AED 54,000/yr12 months · AED 99 per sqft
20 Feb 2024RentedRenewal
AED 47,250/yr12 months · AED 86 per sqft
20 Feb 2023RentedNew contract
AED 45,000/yr12 months · AED 82 per sqft
15 Feb 2022RentedNew contract
AED 35,000/yr12 months · AED 64 per sqft
15 Feb 2021RentedNew contract
AED 33,000/yr12 months · AED 60 per sqft
15 Jul 2020RentedNew contract
AED 36,000/yr12 months · AED 66 per sqft
1 Apr 2019RentedRenewal
AED 50,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
Studio apartment
Size
546 sqft
Floor
5th of 16
Parking
B2-72
Developer
Select Global Development
Completed
2007
Service charge
AED 10,600 /yr
Last sold
AED 455K · October 2008
Building
Yacht Bay

About 503, Yacht Bay

503 is a studio of 546 sqft on the 5th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. The developer sold it on 14 October 2008 for AED 455,396, or AED 833 per sqft, in line with the AED 836 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 20 February 2025, is AED 54,000 a year: a gross yield of 11.9% on the 2008 price, before the service charge of about AED 10,600 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, October 2008: AED 455,396 (AED 833 per sqft)

503 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 503, 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 60,375Renewal, April 2019: AED 50,000 a yearNew contract, July 2020: AED 36,000 a yearNew contract, February 2021: AED 33,000 a yearNew contract, February 2022: AED 35,000 a yearNew contract, February 2023: AED 45,000 a yearRenewal, February 2024: AED 47,250 a yearNew contract, February 2025: AED 54,000 a yearNew contract, February 2025: AED 54,000 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 503 sits

All 60 studios →

503 last sold in October 2008 at AED 833 per sqft, in line with what studios in Yacht Bay were fetching at the time (AED 836). 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. 503's AED 54,000 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 5th floor

All 174 units in Yacht Bay
Value
501StudioAED 625K · Feb 2022
502StudioAED 750K · Aug 2017
504StudioAED 775K · Feb 2024
5051-bedAED 1.1M · Dec 2014
5061-bedAED 322K · Sep 2009
5072-bedAED 1.2M · May 2011
5082-bedAED 1.4M · Feb 2023
1–7 of 10

503, Yacht Bay in numbers

  • Sold once: by Select Global Development on 14 October 2008 for AED 455,396, or AED 833 per sqft.
  • Rented since April 2019 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 33,000 in 2021 and recovered to AED 54,000 by February 2025.
  • At AED 54,000 a year the gross yield on the 2008 price is 11.9%, before a service charge of about AED 10,600 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 20 February 2025.

Questions about 503, Yacht Bay

What did unit 503 last sell for?

AED 455,396 on 14 October 2008, sold by the developer: AED 833 per sqft for 546 sqft. It is the only registered sale of the unit.

What is the rent for unit 503?

AED 54,000 a year on the contract signed on 20 February 2025. The previous contract, from February 2025, was AED 54,000; the unit has been rented since April 2019.

How big is unit 503?

546 sqft (50.7 sqm): a studio on the 5th floor of a 16-storey tower completed in 2007.

What is unit 503 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 503, Yacht Bay

Starts from the last sale price (AED 455K, 14 October 2008). Switch to today's estimate once you have unlocked it.
Price
AED 455,396
Deposit, UAE resident (20%)
AED 91,079
Deposit, non-resident (40%)
AED 182,158
Monthly over 25 years at 3.7%
AED 1,863

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