504, Yacht Bay
Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Yacht Bay
What is 504 worth today?
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Source: Dubai Land Department. Updated 20 February 2024.
Key facts
- Type
- Studio apartment
- Size
- 460 sqft
- Floor
- 5th of 16
- Parking
- B2-48
- Developer
- Select Global Development
- Completed
- 2007
- Service charge
- AED 8,900 /yr
- Last sold
- AED 775K · February 2024
- Building
- Yacht Bay
About 504, Yacht Bay
504 is a studio of 460 sqft on the 5th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. It last sold on 20 February 2024 for AED 775,000, or AED 1,684 per sqft, 14% above the AED 1,478 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 13 November 2022, is AED 35,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 8,900 a year.
Sales and rents for 504 over time
504 has sold twice; the dashed line is the studio median of each year in the building.
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 504 sits
All 60 studios →504 last sold in February 2024 at AED 1,684 per sqft, 14% above what studios in Yacht Bay were fetching at the time (AED 1,478). 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. 504's AED 35,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Mar 202624 March 2026 | 609 sqft | 860,000 | 1,412 | ||
| 26 Jan 202626 January 2026 | 546 sqft | 930,000 | 1,703 | ||
| 16 Jan 202616 January 2026 | 546 sqft | 925,000 | 1,693 | ||
| 16 Jun 202516 June 2025 | 305 sqft | 170,000 | 558 |
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 5th floor
All 174 units in Yacht Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 609 sqft | AED 625KAED 625,000 · Feb 2022February 2022 | 80,000 /yr | |
| 502 | Studio | 554 sqft | AED 750KAED 750,000 · Aug 2017August 2017 | 70,000 /yr | |
| 503 | Studio | 546 sqft | AED 455KAED 455,396 · Oct 2008October 2008 | 54,000 /yr | |
| 505 | 1-bed | 746 sqft | AED 1.1MAED 1,100,000 · Dec 2014December 2014 | 68,000 /yr | |
| 506 | 1-bed | 801 sqft | AED 322KAED 321,993 · Sep 2009September 2009 | 85,000 /yr | |
| 507 | 2-bed | 1,558 sqft | AED 1.2MAED 1,200,000 · May 2011May 2011 | 130,000 /yr | |
| 508 | 2-bed | 1,382 sqft | AED 1.4MAED 1,400,000 · Feb 2023February 2023 | 99,732 /yr | |
| 509 | 2-bed | 1,173 sqft | AED 1.88MAED 1,875,000 · May 2026May 2026 | 115,000 /yr | |
| 510 | 2-bed | 1,168 sqft | AED 475KAED 474,656 · Jun 2009June 2009 | 110,000 /yr | |
| 511 | 2-bed | 1,185 sqft | AED 1.02MAED 1,020,427 · Jul 2024July 2024 | 100,000 /yr |
504, Yacht Bay in numbers
- Sold twice: first on 14 December 2008 for AED 495,000, last on 20 February 2024 for AED 775,000 (AED 1,684 per sqft).
- Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 49,500 to AED 30,000 in 2020 and recovered to AED 35,000 by November 2022.
- At AED 35,000 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 8,900 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 2024.
Questions about 504, Yacht Bay
What did unit 504 last sell for?
AED 775,000 on 20 February 2024: AED 1,684 per sqft for 460 sqft. The unit has 2 registered sales; the first was AED 495,000 in December 2008.
What is the rent for unit 504?
AED 35,000 a year on the contract renewed on 13 November 2022. The previous contract, from November 2021, was AED 32,000; the unit has been rented since March 2014.
How big is unit 504?
460 sqft (42.7 sqm): a studio on the 5th floor of a 16-storey tower completed in 2007.
What is unit 504 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 504, Yacht Bay
Starts from the last sale price (AED 775K, 20 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 775,000
- Deposit, UAE resident (20%)
- AED 155,000
- Deposit, non-resident (40%)
- AED 310,000
- Monthly over 25 years at 3.7%
- AED 3,171
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →