1-bed · 729 sqftSunrise Bay Tower 2, Dubai Harbour · 16th floor · completed 2021

1603, Sunrise Bay Tower 2

Sold prices and rental history: sold once, by the developer in November 2018, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1603 · DLD and Ejari recordsUpdated 26 March 2024
Last soldAED 1.46M7 November 2018
Current rentAED 150K /yr26 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1603, Sunrise Bay Tower 2

What is 1603 worth today?

Last sold for AED 1,464,888 in 2018

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26 Mar 2024RentedRenewal
AED 150,000/yr12 months · AED 205 per sqft
26 Mar 2022RentedNew contract
AED 120,000/yr12 months · AED 164 per sqft
7 Nov 2018Sold by developerOff-plan
AED 1,464,888AED 2,010 per sqft

Source: Dubai Land Department. Updated 26 March 2024.

Key facts

Type
1-bed apartment
Size
729 sqft
Floor
16th of 26
Parking
M-44
Developer
Emaar
Completed
2021
Service charge
AED 15,600 /yr
Last sold
AED 1.46M · November 2018

About 1603, Sunrise Bay Tower 2

1603 is a one-bedroom apartment of 729 sqft on the 16th floor of Sunrise Bay Tower 2, a 26-storey tower in Dubai Harbour completed in 2021 by Emaar. The developer sold it on 7 November 2018 for AED 1,464,888, or AED 2,010 per sqft, 10% above the AED 1,829 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 26 March 2024, is AED 150,000 a year: a gross yield of 10.2% on the 2018 price, before the service charge of about AED 15,600 a year.

Sales and rents for 1603 over time

Sales
Unit 1603, each saleTypical one-bed in Sunrise Bay Tower 2
2M20182020202220242026Typical sale price by year: 2018 AED 1,407,888; 2019 AED 1,477,888; 2021 AED 1,532,699; 2022 AED 1,950,000; 2023 AED 2,532,500; 2024 AED 2,335,000; 2025 AED 2,450,000Sold by developer, November 2018: AED 1,464,888 (AED 2,010 per sqft)

1603 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1603, each contractTypical one-bed in Sunrise Bay Tower 2
120K140K202220242026Typical rent by year: 2022 AED 125,000; 2023 AED 126,000; 2024 AED 144,000; 2025 AED 135,000; 2026 AED 130,000New contract, March 2022: AED 120,000 a yearRenewal, March 2024: AED 150,000 a year

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

1-beds in Sunrise Bay Tower 2, and where 1603 sits

All 57 1-beds →

1603 last sold in November 2018 at AED 2,010 per sqft, 10% above what one-beds in Sunrise Bay Tower 2 were fetching at the time (AED 1,829). Over the last 12 months one-beds sold for AED 2,250,000, around AED 2,774 per sqft, and rent for AED 125,000 to 135,000 a year. 1603's AED 150,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jan 20262,250,000
23 Jun 20252,250,000
21 May 20252,400,000
21 May 20252,500,000
1 1-bed sale in the last 12 months

Sunrise Bay Tower 2

Building

194 apartments, 1-bed to 3-bed over 26 floors in Dubai Harbour, completed in 2021 by Emaar. 5 sold in the last 12 months.

Typical price per sqft
AED 2,725
Typical sale
AED 3.8M
Typical rent
AED 190K /yr
Typical yield
5.9%
Sunrise Bay Tower 2, Dubai Harbour: prices, sales and rents →

Other units on the 16th floor

All 194 units in Sunrise Bay Tower 2
Value
1601AED 3.75M · Oct 2025
16021-bedAED 2.2M · Aug 2022
16042-bedAED 3.7M · Jul 2022
16053-bedAED 6.7M · Aug 2024
16062-bedAED 3.86M · Oct 2021
16072-bedAED 4.35M · Mar 2023
16083-bedAED 4.75M · Apr 2021

1603, Sunrise Bay Tower 2 in numbers

  • Sold once: by Emaar on 7 November 2018 for AED 1,464,888, or AED 2,010 per sqft.
  • Rented since March 2022 on 2 Ejari contracts, from AED 120,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2018 price is 10.2%, before a service charge of about AED 15,600 a year (AED 21.45 per sqft).
  • One-beds in Sunrise Bay Tower 2 sold for AED 2,250,000–2,250,000 in the 12 months to November 2026; the building's median across all types is AED 2,725 per sqft.

Source: Dubai Land Department. Updated 26 March 2024.

Questions about 1603, Sunrise Bay Tower 2

What did unit 1603 last sell for?

AED 1,464,888 on 7 November 2018, sold by the developer: AED 2,010 per sqft for 729 sqft. It is the only registered sale of the unit.

What is the rent for unit 1603?

AED 150,000 a year on the contract renewed on 26 March 2024. The previous contract, from March 2022, was AED 120,000.

How big is unit 1603?

729 sqft (67.7 sqm): a one-bedroom apartment on the 16th floor of a 26-storey tower completed in 2021.

What is unit 1603 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Sunrise Bay Tower 2 sold for AED 2,250,000 to 2,250,000 in the last 12 months, around AED 2,774 per sqft.

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Mortgage on 1603, Sunrise Bay Tower 2

Starts from the last sale price (AED 1.46M, 7 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,464,888
Deposit, UAE resident (20%)
AED 292,978
Deposit, non-resident (40%)
AED 585,955
Monthly over 25 years at 3.7%
AED 5,993

Plus AED 66,536 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →