511, Yacht Bay
Sold prices and rental history: sold once, by the developer in July 2024, 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 511, Yacht Bay
What is 511 worth today?
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Source: Dubai Land Department. Updated 8 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,185 sqft
- Floor
- 5th of 16
- Parking
- B2- 55
- Developer
- Select Global Development
- Completed
- 2007
- Service charge
- AED 22,900 /yr
- Last sold
- AED 1.02M · July 2024
- Building
- Yacht Bay
About 511, Yacht Bay
511 is a two-bedroom apartment of 1,185 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 8 July 2024 for AED 1,020,427, or AED 861 per sqft, 30% below the AED 1,227 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, signed on 8 January 2025, is AED 100,000 a year: a gross yield of 9.8% on the 2024 price, before the service charge of about AED 22,900 a year.
Sales and rents for 511 over time
511 has sold once; 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 511 sits
All 77 2-beds →511 last sold in July 2024 at AED 861 per sqft, 30% below what two-beds in Yacht Bay were fetching at the time (AED 1,227). 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. 511's AED 100,000 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 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 | |
| 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, Yacht Bay in numbers
- Sold once: by Select Global Development on 8 July 2024 for AED 1,020,427, or AED 861 per sqft.
- Rented since August 2012 on 13 Ejari contracts. The rent fell from AED 85,000 to AED 63,000 in 2020 and recovered to AED 100,000 by January 2025.
- At AED 100,000 a year the gross yield on the 2024 price is 9.8%, before a service charge of about AED 22,900 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 8 January 2025.
Questions about 511, Yacht Bay
What did unit 511 last sell for?
AED 1,020,427 on 8 July 2024, sold by the developer: AED 861 per sqft for 1,185 sqft. It is the only registered sale of the unit.
What is the rent for unit 511?
AED 100,000 a year on the contract signed on 8 January 2025. The previous contract, from January 2025, was AED 100,000; the unit has been rented since August 2012.
How big is unit 511?
1,185 sqft (110.1 sqm): a two-bedroom apartment on the 5th floor of a 16-storey tower completed in 2007.
What is unit 511 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 511, Yacht Bay
Starts from the last sale price (AED 1.02M, 8 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,020,427
- Deposit, UAE resident (20%)
- AED 204,085
- Deposit, non-resident (40%)
- AED 408,171
- Monthly over 25 years at 3.7%
- AED 4,175
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →