704, Yacht Bay
Sold prices and rental history: sold twice, last in May 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, Yacht Bay
What is 704 worth today?
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Source: Dubai Land Department. Updated 1 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 460 sqft
- Floor
- 7th of 16
- Parking
- B2- 70
- Developer
- Select Global Development
- Completed
- 2007
- Service charge
- AED 8,900 /yr
- Last sold
- AED 650K · May 2014
- Building
- Yacht Bay
About 704, Yacht Bay
704 is a studio of 460 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 5 May 2014 for AED 650,000, or AED 1,412 per sqft, in line with the AED 1,412 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 July 2026, is AED 45,000 a year: a gross yield of 6.9% on the 2014 price, before the service charge of about AED 8,900 a year.
Sales and rents for 704 over time
704 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 704 sits
All 60 studios →704 last sold in May 2014 at AED 1,412 per sqft, in line with what studios in Yacht Bay were fetching at the time (AED 1,412). 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. 704's AED 45,000 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 7th floor
All 174 units in Yacht Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 609 sqft | AED 1MAED 1,000,000 · Jan 2025January 2025 | 60,000 /yr | |
| 702 | Studio | 554 sqft | AED 800KAED 800,000 · Oct 2017October 2017 | 65,000 /yr | |
| 703 | Studio | 546 sqft | AED 820KAED 820,000 · Nov 2013November 2013 | 52,500 /yr | |
| 705 | 1-bed | 746 sqft | AED 1.16MAED 1,155,000 · Aug 2026August 2026 | 50,000 /yr | |
| 706 | 1-bed | 801 sqft | AED 637KAED 636,710 · May 2021May 2021 | 80,000 /yr | |
| 707 | 2-bed | 1,558 sqft | AED 1.29MAED 1,289,040 · Jul 2009July 2009 | 120,000 /yr | |
| 708 | 2-bed | 1,382 sqft | AED 1.2MAED 1,200,000 · Jun 2009June 2009 | 60,000 /yr | |
| 709 | 2-bed | 1,173 sqft | AED 1.55MAED 1,550,000 · Dec 2023December 2023 | 130,000 /yr | |
| 710 | 2-bed | 1,168 sqft | AED 973KAED 973,045 · May 2010May 2010 | 99,225 /yr | |
| 711 | 2-bed | 1,185 sqft | AED 1.05MAED 1,046,261 · Aug 2008August 2008 | 110,000 /yr |
704, Yacht Bay in numbers
- Sold twice: first on 3 February 2009 for AED 473,000, last on 5 May 2014 for AED 650,000 (AED 1,412 per sqft).
- Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 57,000 to AED 33,000 in 2021 and recovered to AED 45,000 by July 2026.
- At AED 45,000 a year the gross yield on the 2014 price is 6.9%, 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 1 July 2026.
Questions about 704, Yacht Bay
What did unit 704 last sell for?
AED 650,000 on 5 May 2014: AED 1,412 per sqft for 460 sqft. The unit has 2 registered sales; the first was AED 473,000 in February 2009.
What is the rent for unit 704?
AED 45,000 a year on the contract signed on 1 July 2026. The previous contract, from April 2023, was AED 47,250; the unit has been rented since August 2017.
How big is unit 704?
460 sqft (42.7 sqm): a studio on the 7th floor of a 16-storey tower completed in 2007.
What is unit 704 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 704, Yacht Bay
Starts from the last sale price (AED 650K, 5 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →