506, Yacht Bay
Sold prices and rental history: sold once, by the developer in September 2009, 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 506, Yacht Bay
What is 506 worth today?
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Source: Dubai Land Department. Updated 14 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 801 sqft
- Floor
- 5th of 16
- Parking
- B2-50
- Developer
- Select Global Development
- Completed
- 2007
- Service charge
- AED 15,500 /yr
- Last sold
- AED 322K · September 2009
- Building
- Yacht Bay
About 506, Yacht Bay
506 is a one-bedroom apartment of 801 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 September 2009 for AED 321,993, or AED 401 per sqft, 50% below the AED 808 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 14 January 2026, is AED 85,000 a year: a gross yield of 26.4% on the 2009 price, before the service charge of about AED 15,500 a year.
Sales and rents for 506 over time
506 has sold once; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 31 1-beds →506 last sold in September 2009 at AED 401 per sqft, 50% below what one-beds in Yacht Bay were fetching at the time (AED 808). 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. 506's AED 85,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Aug 202626 August 2026 | 746 sqft | 1,155,000 | 1,548 | ||
| 9 Oct 20259 October 2025 | 746 sqft | 1,250,000 | 1,675 | ||
| 11 Jun 202511 June 2025 | 746 sqft | 1,225,000 | 1,641 | ||
| 27 Feb 202527 February 2025 | 801 sqft | 1,225,000 | 1,529 |
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 | |
| 504 | Studio | 460 sqft | AED 775KAED 775,000 · Feb 2024February 2024 | 35,000 /yr | |
| 505 | 1-bed | 746 sqft | AED 1.1MAED 1,100,000 · Dec 2014December 2014 | 68,000 /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 |
506, Yacht Bay in numbers
- Sold once: by Select Global Development on 14 September 2009 for AED 321,993, or AED 401 per sqft.
- Rented since March 2014 on 8 Ejari contracts. The rent fell from AED 78,000 to AED 55,000 in 2021 and recovered to AED 85,000 by January 2026.
- At AED 85,000 a year the gross yield on the 2009 price is 26.4%, 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 14 January 2026.
Questions about 506, Yacht Bay
What did unit 506 last sell for?
AED 321,993 on 14 September 2009, sold by the developer: AED 401 per sqft for 801 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 85,000 a year on the contract signed on 14 January 2026. The previous contract, from January 2026, was AED 85,000; the unit has been rented since March 2014.
How big is unit 506?
801 sqft (74.4 sqm): a one-bedroom apartment on the 5th floor of a 16-storey tower completed in 2007.
What is unit 506 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 506, Yacht Bay
Starts from the last sale price (AED 322K, 14 September 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 321,993
- Deposit, UAE resident (20%)
- AED 64,399
- Deposit, non-resident (40%)
- AED 128,797
- Monthly over 25 years at 3.7%
- AED 1,317
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →