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2-bed · 1,412 sqftDorra Bay Tower, Dubai Marina · completed 2008

W03, Dorra Bay Tower

Sold prices and rental history: sold twice, last in March 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit W03 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 1.7M15 March 2018
Current rentAED 124K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for W03, Dorra Bay Tower

What is W03 worth today?

Last sold for AED 1,700,000 in 2018

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1 Feb 2023RentedRenewal
AED 124,000/yr12 months · AED 88 per sqft
1 Dec 2021RentedNew contract
AED 109,714/yr14 months · AED 78 per sqft
15 Mar 2018SoldReady
AED 1,700,000AED 1,203 per sqft
22 Apr 2010Sold by developerReady
AED 1,400,000AED 991 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2023.

Key facts

Type
2-bed apartment
Size
1,412 sqft
Parking
134A / 135A
Developer
Cayan Real Estate Investment & Development
Completed
2008
Service charge
AED 29,600 /yr
Last sold
AED 1.7M · March 2018
Building
Dorra Bay Tower

About W03, Dorra Bay Tower

W03 is a two-bedroom apartment of 1,412 sqft of Dorra Bay Tower, a 21-storey tower in Dubai Marina completed in 2008 by Cayan Real Estate Investment & Development. It last sold on 15 March 2018 for AED 1,700,000, or AED 1,203 per sqft, in line with the AED 1,206 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 124,000 a year: a gross yield of 7.3% on the 2018 price, before the service charge of about AED 29,600 a year.

Sales and rents for W03 over time

Sales
Unit W03, each saleTypical two-bed in Dorra Bay Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,074,924; 2010 AED 1,269,386; 2011 AED 1,125,000; 2012 AED 1,387,000; 2013 AED 1,650,000; 2014 AED 2,150,000; 2016 AED 1,500,000; 2018 AED 1,575,000; 2019 AED 1,300,000; 2020 AED 1,150,000; 2021 AED 1,200,000; 2022 AED 1,120,000; 2023 AED 1,900,000; 2024 AED 2,180,000; 2025 AED 2,070,000Sold by developer, April 2010: AED 1,400,000 (AED 991 per sqft)Sold, March 2018: AED 1,700,000 (AED 1,203 per sqft)

W03 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit W03, each contractTypical two-bed in Dorra Bay Tower
100K125K2012201620202024Typical rent by year: 2012 AED 110,000; 2013 AED 117,500; 2014 AED 135,000; 2015 AED 135,000; 2016 AED 130,000; 2017 AED 130,000; 2018 AED 115,000; 2019 AED 96,000; 2020 AED 85,000; 2021 AED 90,000; 2022 AED 110,000; 2023 AED 125,000; 2024 AED 130,000; 2025 AED 135,625New contract, December 2021: AED 109,714 a yearRenewal, February 2023: AED 124,000 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 Dorra Bay Tower, and where W03 sits

All 62 2-beds →

W03 last sold in March 2018 at AED 1,203 per sqft, in line with what two-beds in Dorra Bay Tower were fetching at the time (AED 1,206). Over the last 12 months two-beds sold for AED 2,000,000 to 2,950,000, around AED 1,600 per sqft, and rent for AED 100,000 to 130,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
17 Feb 20262,950,000
14 Jan 20262,350,000
28 May 20252,150,000
27 May 20251,950,000
3 2-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 →

W03, Dorra Bay Tower in numbers

  • Sold twice: first on 22 April 2010 for AED 1,400,000, last on 15 March 2018 for AED 1,700,000 (AED 1,203 per sqft).
  • Rented since December 2021 on 2 Ejari contracts, from AED 109,714 to AED 124,000 a year.
  • At AED 124,000 a year the gross yield on the 2018 price is 7.3%, before a service charge of about AED 29,600 a year (AED 20.98 per sqft).
  • Two-beds in Dorra Bay Tower sold for AED 2,000,000–2,950,000 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 1 February 2023.

Questions about W03, Dorra Bay Tower

What did unit W03 last sell for?

AED 1,700,000 on 15 March 2018: AED 1,203 per sqft for 1,412 sqft. The unit has 2 registered sales; the first was AED 1,400,000 in April 2010.

What is the rent for unit W03?

AED 124,000 a year on the contract renewed on 1 February 2023. The previous contract, from December 2021, was AED 109,714.

How big is unit W03?

1,412 sqft (131.2 sqm): a two-bedroom apartment of a 21-storey tower completed in 2008.

What is unit W03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Dorra Bay Tower sold for AED 2,000,000 to 2,950,000 in the last 12 months, around AED 1,600 per sqft.

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Mortgage on W03, Dorra Bay Tower

Starts from the last sale price (AED 1.7M, 15 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →