1-bed · 812 sqftSunrise Bay Tower 2, Dubai Harbour · completed 2021

P402, Sunrise Bay Tower 2

Sold prices and rental history: sold twice, last in August 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit P402 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 1.5M5 August 2021
Current rentAED 143K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P402, Sunrise Bay Tower 2

What is P402 worth today?

Last sold for AED 1,500,000 in 2021

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15 Jun 2024RentedNew contract
AED 143,000/yr12 months · AED 177 per sqft
3 Jun 2022RentedNew contract
AED 130,000/yr12 months · AED 161 per sqft
5 Aug 2021SoldOff-plan
AED 1,500,000AED 1,848 per sqft
1 Nov 2018Sold by developerOff-plan
AED 1,386,888AED 1,709 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
1-bed apartment
Size
812 sqft
Parking
P5-6
Developer
Emaar
Completed
2021
Service charge
AED 17,400 /yr
Last sold
AED 1.5M · August 2021

About P402, Sunrise Bay Tower 2

P402 is a one-bedroom apartment of 812 sqft of Sunrise Bay Tower 2, a 26-storey tower in Dubai Harbour completed in 2021 by Emaar. It last sold on 5 August 2021 for AED 1,500,000, or AED 1,848 per sqft, 5% below the AED 1,943 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 15 June 2024, is AED 143,000 a year: a gross yield of 9.5% on the 2021 price, before the service charge of about AED 17,400 a year.

Sales and rents for P402 over time

Sales
Unit P402, 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 1,386,888 (AED 1,709 per sqft)Sold, August 2021: AED 1,500,000 (AED 1,848 per sqft)

P402 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit P402, each contractTypical one-bed in Sunrise Bay Tower 2
130K140K202220242026Typical rent by year: 2022 AED 125,000; 2023 AED 126,000; 2024 AED 144,000; 2025 AED 135,000; 2026 AED 130,000New contract, June 2022: AED 130,000 a yearNew contract, June 2024: AED 143,000 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 P402 sits

All 57 1-beds →

P402 last sold in August 2021 at AED 1,848 per sqft, 5% below what one-beds in Sunrise Bay Tower 2 were fetching at the time (AED 1,943). 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. P402's AED 143,000 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 →

P402, Sunrise Bay Tower 2 in numbers

  • Sold twice: first on 1 November 2018 for AED 1,386,888, last on 5 August 2021 for AED 1,500,000 (AED 1,848 per sqft).
  • Rented since June 2022 on 2 Ejari contracts, from AED 130,000 to AED 143,000 a year.
  • At AED 143,000 a year the gross yield on the 2021 price is 9.5%, before a service charge of about AED 17,400 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 15 June 2024.

Questions about P402, Sunrise Bay Tower 2

What did unit P402 last sell for?

AED 1,500,000 on 5 August 2021: AED 1,848 per sqft for 812 sqft. The unit has 2 registered sales; the first was AED 1,386,888 in November 2018.

What is the rent for unit P402?

AED 143,000 a year on the contract signed on 15 June 2024. The previous contract, from June 2022, was AED 130,000.

How big is unit P402?

812 sqft (75.4 sqm): a one-bedroom apartment of a 26-storey tower completed in 2021.

What is unit P402 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 P402, Sunrise Bay Tower 2

Starts from the last sale price (AED 1.5M, 5 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →