Studio · 554 sqftYacht Bay, Dubai Marina · 7th floor · completed 2007

702, Yacht Bay

Sold prices and rental history: sold 3 times, last in October 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 19 February 2018
Last soldAED 800K15 October 2017
Current rentAED 65K /yr19 February 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Yacht Bay

What is 702 worth today?

Last sold for AED 800,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

19 Feb 2018RentedNew contract
AED 65,000/yr12 months · AED 118 per sqft
15 Oct 2017SoldReady
AED 800,000AED 1,443 per sqft
19 Feb 2017RentedRenewal
AED 70,000/yr12 months · AED 128 per sqft
19 Feb 2016RentedRenewal
AED 70,000/yr12 months · AED 128 per sqft
19 Feb 2015RentedNew contract
AED 70,000/yr12 months · AED 128 per sqft
23 Jan 2013SoldReady
AED 585,000AED 1,055 per sqft
27 Dec 2010Sold by developerReady
AED 509,134AED 918 per sqft

Source: Dubai Land Department. Updated 19 February 2018.

Key facts

Type
Studio apartment
Size
554 sqft
Floor
7th of 16
Parking
B2- 68
Developer
Select Global Development
Completed
2007
Service charge
AED 10,700 /yr
Last sold
AED 800K · October 2017
Building
Yacht Bay

About 702, Yacht Bay

702 is a studio of 554 sqft on the 7th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. It last sold on 15 October 2017 for AED 800,000, or AED 1,443 per sqft, in line with the AED 1,410 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 19 February 2018, is AED 65,000 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 10,700 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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, December 2010: AED 509,134 (AED 918 per sqft)Sold, January 2013: AED 585,000 (AED 1,055 per sqft)Sold, October 2017: AED 800,000 (AED 1,443 per sqft)

702 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 702, 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 60,375New contract, February 2015: AED 70,000 a yearRenewal, February 2016: AED 70,000 a yearRenewal, February 2017: AED 70,000 a yearNew contract, February 2018: AED 65,000 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 702 sits

All 60 studios →

702 last sold in October 2017 at AED 1,443 per sqft, in line with what studios in Yacht Bay were fetching at the time (AED 1,410). 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. 702's AED 65,000 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 7th floor

All 174 units in Yacht Bay
Value
701StudioAED 1M · Jan 2025
703StudioAED 820K · Nov 2013
704StudioAED 650K · May 2014
7051-bedAED 1.16M · Aug 2026
7061-bedAED 637K · May 2021
7072-bedAED 1.29M · Jul 2009
7082-bedAED 1.2M · Jun 2009
1–7 of 10

702, Yacht Bay in numbers

  • Sold 3 times: first on 27 December 2010 for AED 509,134, last on 15 October 2017 for AED 800,000 (AED 1,443 per sqft).
  • Rented since February 2015 on 4 Ejari contracts, from AED 70,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2017 price is 8.1%, before a service charge of about AED 10,700 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 19 February 2018.

Questions about 702, Yacht Bay

What did unit 702 last sell for?

AED 800,000 on 15 October 2017: AED 1,443 per sqft for 554 sqft. The unit has 3 registered sales; the first was AED 509,134 in December 2010.

What is the rent for unit 702?

AED 65,000 a year on the contract signed on 19 February 2018. The previous contract, from February 2017, was AED 70,000; the unit has been rented since February 2015.

How big is unit 702?

554 sqft (51.5 sqm): a studio on the 7th floor of a 16-storey tower completed in 2007.

What is unit 702 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.

Selling 702? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 702, Yacht Bay

Starts from the last sale price (AED 800K, 15 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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