2-bed · 1,283 sqftSunrise Bay Tower 1, Dubai Harbour · completed 2021

P303, Sunrise Bay Tower 1

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

Unit P303 · DLD and Ejari recordsUpdated 28 September 2024
Last soldAED 1.93M6 March 2019
Current rentAED 235K /yr28 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P303, Sunrise Bay Tower 1

What is P303 worth today?

Last sold for AED 1,927,888 in 2019

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28 Sep 2024RentedRenewal
AED 235,000/yr12 months · AED 183 per sqft
28 Sep 2023RentedNew contract
AED 235,000/yr12 months · AED 183 per sqft
29 Sep 2022RentedNew contract
AED 235,000/yr12 months · AED 183 per sqft
6 Mar 2019Sold by developerOff-plan
AED 1,927,888AED 1,502 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 September 2024.

Key facts

Type
2-bed apartment
Size
1,283 sqft
Parking
P4-77
Developer
Emaar
Completed
2021
Service charge
AED 27,500 /yr
Last sold
AED 1.93M · March 2019

About P303, Sunrise Bay Tower 1

P303 is a two-bedroom apartment of 1,283 sqft of Sunrise Bay Tower 1, a 26-storey tower in Dubai Harbour completed in 2021 by Emaar. The developer sold it on 6 March 2019 for AED 1,927,888, or AED 1,502 per sqft, 24% below the AED 1,968 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 28 September 2024, is AED 235,000 a year: a gross yield of 12.2% on the 2019 price, before the service charge of about AED 27,500 a year.

Sales and rents for P303 over time

Sales
Unit P303, 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, March 2019: AED 1,927,888 (AED 1,502 per sqft)

P303 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit P303, each contractTypical two-bed in Sunrise Bay Tower 1
200K220K240K20222023202420252026Typical rent by year: 2022 AED 205,000; 2023 AED 230,000; 2024 AED 215,000; 2025 AED 199,732New contract, September 2022: AED 235,000 a yearNew contract, September 2023: AED 235,000 a yearRenewal, September 2024: AED 235,000 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 P303 sits

All 96 2-beds →

P303 last sold in March 2019 at AED 1,502 per sqft, 24% below what two-beds in Sunrise Bay Tower 1 were fetching at the time (AED 1,968). P303's AED 235,000 is at the top 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 →

P303, Sunrise Bay Tower 1 in numbers

  • Sold once: by Emaar on 6 March 2019 for AED 1,927,888, or AED 1,502 per sqft.
  • Rented since September 2022 on 3 Ejari contracts, at AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2019 price is 12.2%, 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 28 September 2024.

Questions about P303, Sunrise Bay Tower 1

What did unit P303 last sell for?

AED 1,927,888 on 6 March 2019, sold by the developer: AED 1,502 per sqft for 1,283 sqft. It is the only registered sale of the unit.

What is the rent for unit P303?

AED 235,000 a year on the contract renewed on 28 September 2024. The previous contract, from September 2023, was AED 235,000; the unit has been rented since September 2022.

How big is unit P303?

1,283 sqft (119.2 sqm): a two-bedroom apartment of a 26-storey tower completed in 2021.

What is unit P303 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 P303, Sunrise Bay Tower 1

Starts from the last sale price (AED 1.93M, 6 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,927,888
Deposit, UAE resident (20%)
AED 385,578
Deposit, non-resident (40%)
AED 771,155
Monthly over 25 years at 3.7%
AED 7,888

Plus AED 85,982 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →