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1-bed · 742 sqftDorra Bay Tower, Dubai Marina · 15th floor · completed 2008

1516, Dorra Bay Tower

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1516 · DLD and Ejari recordsUpdated 20 April 2024
Last soldAED 1.2M24 January 2024
Current rentAED 112K /yr20 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1516, Dorra Bay Tower

What is 1516 worth today?

Last sold for AED 1,200,000 in 2024

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20 Apr 2024RentedNew contract
AED 112,000/yr12 months · AED 151 per sqft
24 Jan 2024SoldReady
AED 1,200,000AED 1,617 per sqft
25 May 2022RentedNew contract
AED 63,800/yr12 months · AED 86 per sqft
21 Apr 2022SoldReady
AED 510,000AED 687 per sqft
25 May 2021RentedNew contract
AED 58,000/yr12 months · AED 78 per sqft
31 Oct 2019RentedNew contract
AED 68,000/yr12 months · AED 92 per sqft
26 Apr 2009Sold by developerReady
AED 703,719AED 948 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 April 2024.

Key facts

Type
1-bed apartment
Size
742 sqft
Floor
15th of 21
Parking
39A
Developer
Cayan Real Estate Investment & Development
Completed
2008
Service charge
AED 15,600 /yr
Last sold
AED 1.2M · January 2024
Building
Dorra Bay Tower

About 1516, Dorra Bay Tower

1516 is a one-bedroom apartment of 742 sqft on the 15th floor of Dorra Bay Tower, a 21-storey tower in Dubai Marina completed in 2008 by Cayan Real Estate Investment & Development. It last sold on 24 January 2024 for AED 1,200,000, or AED 1,617 per sqft, 11% above the AED 1,461 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 20 April 2024, is AED 112,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 15,600 a year.

Sales and rents for 1516 over time

Sales
Unit 1516, each saleTypical one-bed in Dorra Bay Tower
500K1M2009201420192024Typical sale price by year: 2009 AED 616,279; 2010 AED 587,500; 2013 AED 1,012,500; 2014 AED 1,162,500; 2015 AED 992,500; 2016 AED 950,000; 2017 AED 1,110,000; 2018 AED 814,000; 2021 AED 734,000; 2022 AED 687,500; 2023 AED 1,250,000; 2024 AED 1,200,000; 2025 AED 1,300,000Sold by developer, April 2009: AED 703,719 (AED 948 per sqft)Sold, April 2022: AED 510,000 (AED 687 per sqft)Sold, January 2024: AED 1,200,000 (AED 1,617 per sqft)

1516 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1516, each contractTypical one-bed in Dorra Bay Tower
50K100K2012201620202024Typical rent by year: 2012 AED 54,000; 2013 AED 72,000; 2014 AED 81,400; 2015 AED 90,000; 2016 AED 90,000; 2017 AED 79,105; 2018 AED 70,000; 2019 AED 66,773; 2020 AED 50,000; 2021 AED 55,500; 2022 AED 65,000; 2023 AED 75,000; 2024 AED 82,527; 2025 AED 81,500; 2026 AED 80,000New contract, October 2019: AED 68,000 a yearNew contract, May 2021: AED 58,000 a yearNew contract, May 2022: AED 63,800 a yearNew contract, April 2024: AED 112,000 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 Dorra Bay Tower, and where 1516 sits

All 77 1-beds →

1516 last sold in January 2024 at AED 1,617 per sqft, 11% above what one-beds in Dorra Bay Tower were fetching at the time (AED 1,461). Over the last 12 months one-beds sold for AED 1,160,000 to 1,300,000, around AED 1,316 per sqft, and rent for AED 70,000 to 110,000 a year. 1516's AED 112,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Dec 20251,300,000
10 Dec 20251,160,000
2 Jun 20251,525,000
10 Dec 20241,500,000
2 1-bed sales in the last 12 months

Dorra Bay Tower

Building

189 apartments, 1-bed to 4-bed over 21 floors in Dubai Marina, completed in 2008 by Cayan Real Estate Investment & Development. 6 sold in the last 12 months.

Typical price per sqft
AED 1,414
Typical sale
AED 2.18M
Typical rent
AED 100K /yr
Typical yield
7.3%
Dorra Bay Tower, Dubai Marina: prices, sales and rents →

Other units on the 15th floor

All 189 units in Dorra Bay Tower
Value
15011-bedAED 1.5M · Dec 2024
1502AED 1.54M · Sep 2025
15031-bedAED 1.53M · Jun 2025
15041-bedAED 1.38M · Feb 2023
15051-bedAED 1.35M · Jun 2023
15061-bedAED 1.33M · May 2024
15071-bedAED 1.33M · May 2022
1–7 of 15

1516, Dorra Bay Tower in numbers

  • Sold 3 times: first on 26 April 2009 for AED 703,719, last on 24 January 2024 for AED 1,200,000 (AED 1,617 per sqft).
  • Rented since October 2019 on 4 Ejari contracts. The rent fell from AED 68,000 to AED 58,000 in 2021 and recovered to AED 112,000 by April 2024.
  • At AED 112,000 a year the gross yield on the 2024 price is 9.3%, before a service charge of about AED 15,600 a year (AED 20.98 per sqft).
  • One-beds in Dorra Bay Tower sold for AED 1,160,000–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,414 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 April 2024.

Questions about 1516, Dorra Bay Tower

What did unit 1516 last sell for?

AED 1,200,000 on 24 January 2024: AED 1,617 per sqft for 742 sqft. The unit has 3 registered sales; the first was AED 703,719 in April 2009.

What is the rent for unit 1516?

AED 112,000 a year on the contract signed on 20 April 2024. The previous contract, from May 2022, was AED 63,800; the unit has been rented since October 2019.

How big is unit 1516?

742 sqft (68.9 sqm): a one-bedroom apartment on the 15th floor of a 21-storey tower completed in 2008.

What is unit 1516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Dorra Bay Tower sold for AED 1,160,000 to 1,300,000 in the last 12 months, around AED 1,316 per sqft.

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Mortgage on 1516, Dorra Bay Tower

Starts from the last sale price (AED 1.2M, 24 January 2024). 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 AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →