708, Yacht Bay
Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Yacht Bay
What is 708 worth today?
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Source: Dubai Land Department. Updated 1 November 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,382 sqft
- Floor
- 7th of 16
- Parking
- B2- 74
- Developer
- Select Global Development
- Completed
- 2007
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.2M · June 2009
- Building
- Yacht Bay
About 708, Yacht Bay
708 is a two-bedroom apartment of 1,382 sqft on the 7th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. The developer sold it on 22 June 2009 for AED 1,200,000, or AED 868 per sqft, in line with the AED 850 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 November 2020, is AED 60,000 a year: a gross yield of 5.0% on the 2009 price, before the service charge of about AED 26,700 a year.
Sales and rents for 708 over time
708 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 708 sits
All 77 2-beds →708 last sold in June 2009 at AED 868 per sqft, in line with what two-beds in Yacht Bay were fetching at the time (AED 850). 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. 708's AED 60,000 is at the bottom 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 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 | |
| 704 | Studio | 460 sqft | AED 650KAED 650,000 · May 2014May 2014 | 45,000 /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 | |
| 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 |
708, Yacht Bay in numbers
- Sold once: by Select Global Development on 22 June 2009 for AED 1,200,000, or AED 868 per sqft.
- Rented since June 2013 on 8 Ejari contracts, from AED 120,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2009 price is 5.0%, before a service charge of about AED 26,700 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 1 November 2020.
Questions about 708, Yacht Bay
What did unit 708 last sell for?
AED 1,200,000 on 22 June 2009, sold by the developer: AED 868 per sqft for 1,382 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 60,000 a year on the contract signed on 1 November 2020. The previous contract, from August 2019, was AED 107,886; the unit has been rented since June 2013.
How big is unit 708?
1,382 sqft (128.4 sqm): a two-bedroom apartment on the 7th floor of a 16-storey tower completed in 2007.
What is unit 708 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 708, Yacht Bay
Starts from the last sale price (AED 1.2M, 22 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →