2-bed · 1,282 sqftSunrise Bay Tower 1, Dubai Harbour · 7th floor · completed 2021

703, Sunrise Bay Tower 1

Sold prices and rental history: sold once, by the developer in February 2019, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 24 June 2024
Last soldAED 2.26M26 February 2019
Current rentAED 215K /yr24 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Sunrise Bay Tower 1

What is 703 worth today?

Last sold for AED 2,261,888 in 2019

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24 Jun 2024RentedRenewal
AED 215,294/yr17 months · AED 168 per sqft
24 Jun 2023RentedRenewal
AED 193,000/yr12 months · AED 151 per sqft
22 Jun 2022RentedNew contract
AED 180,000/yr12 months · AED 140 per sqft
26 Feb 2019Sold by developerOff-plan
AED 2,261,888AED 1,764 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 June 2024.

Key facts

Type
2-bed apartment
Size
1,282 sqft
Floor
7th of 26
Parking
G-40
Developer
Emaar
Completed
2021
Service charge
AED 27,500 /yr
Last sold
AED 2.26M · February 2019

About 703, Sunrise Bay Tower 1

703 is a two-bedroom apartment of 1,282 sqft on the 7th floor of Sunrise Bay Tower 1, a 26-storey tower in Dubai Harbour completed in 2021 by Emaar. The developer sold it on 26 February 2019 for AED 2,261,888, or AED 1,764 per sqft, 12% below the AED 1,996 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 24 June 2024, is AED 215,294 a year: a gross yield of 9.5% on the 2019 price, before the service charge of about AED 27,500 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical two-bed in Sunrise Bay Tower 1
2M4M20182020202220242026Typical sale price by year: 2018 AED 2,531,888; 2019 AED 2,536,888; 2020 AED 2,502,444; 2021 AED 2,580,888; 2022 AED 3,600,000; 2023 AED 4,700,000; 2024 AED 4,200,000; 2025 AED 3,520,000Sold by developer, February 2019: AED 2,261,888 (AED 1,764 per sqft)

703 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 703, each contractTypical two-bed in Sunrise Bay Tower 1
175K200K225K20222023202420252026Typical rent by year: 2022 AED 205,000; 2023 AED 230,000; 2024 AED 215,000; 2025 AED 199,732New contract, June 2022: AED 180,000 a yearRenewal, June 2023: AED 193,000 a yearRenewal, June 2024: AED 215,294 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Sunrise Bay Tower 1, and where 703 sits

All 96 2-beds →

703 last sold in February 2019 at AED 1,764 per sqft, 12% below what two-beds in Sunrise Bay Tower 1 were fetching at the time (AED 1,996). 703's AED 215,294 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Jul 20254,100,000
23 Jul 20254,000,000
25 Jun 20253,520,000
10 Jun 20253,500,000
0 2-bed sales in the last 12 months

Sunrise Bay Tower 1

Building

187 apartments, 1-bed to 4-bed over 26 floors in Dubai Harbour, completed in 2021 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 3,021
Typical sale
AED 2.25M
Typical rent
AED 140K /yr
Typical yield
5.3%
Sunrise Bay Tower 1, Dubai Harbour: prices, sales and rents →

Other units on the 7th floor

All 187 units in Sunrise Bay Tower 1
Value
7013-bedAED 4.85M · Apr 2021
7022-bedAED 4.5M · Jun 2022
7041-bedAED 2.53M · May 2023
7052-bedAED 4.45M · Dec 2022
7061-bedAED 2.35M · Dec 2025
7073-bedAED 6.25M · Nov 2022
7082-bedAED 2.93M · Feb 2019

703, Sunrise Bay Tower 1 in numbers

  • Sold once: by Emaar on 26 February 2019 for AED 2,261,888, or AED 1,764 per sqft.
  • Rented since June 2022 on 3 Ejari contracts, from AED 180,000 to AED 215,294 a year.
  • At AED 215,294 a year the gross yield on the 2019 price is 9.5%, before a service charge of about AED 27,500 a year (AED 21.45 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 24 June 2024.

Questions about 703, Sunrise Bay Tower 1

What did unit 703 last sell for?

AED 2,261,888 on 26 February 2019, sold by the developer: AED 1,764 per sqft for 1,282 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 215,294 a year on the contract renewed on 24 June 2024. The previous contract, from June 2023, was AED 193,000; the unit has been rented since June 2022.

How big is unit 703?

1,282 sqft (119.1 sqm): a two-bedroom apartment on the 7th floor of a 26-storey tower completed in 2021.

What is unit 703 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 703, Sunrise Bay Tower 1

Starts from the last sale price (AED 2.26M, 26 February 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,261,888
Deposit, UAE resident (20%)
AED 452,378
Deposit, non-resident (40%)
AED 904,755
Monthly over 25 years at 3.7%
AED 9,254

Plus AED 100,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →