2-bed · 1,185 sqftYacht Bay, Dubai Marina · 10th floor · completed 2007

1011, Yacht Bay

Sold prices and rental history: sold twice, last in July 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1011 · DLD and Ejari recordsUpdated 12 July 2020
Last soldAED 880K12 July 2020
Current rentAED 94K /yr10 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1011, Yacht Bay

What is 1011 worth today?

Last sold for AED 880,000 in 2020

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12 Jul 2020SoldReady
AED 880,000AED 742 per sqft
10 Mar 2019RentedNew contract
AED 94,000/yr12 months · AED 79 per sqft
15 Oct 2015RentedNew contract
AED 135,000/yr12 months · AED 114 per sqft
22 Feb 2015RentedNew contract
AED 135,000/yr12 months · AED 114 per sqft
23 Jun 2013RentedNew contract
AED 120,000/yr11 months · AED 101 per sqft
6 Jul 2009Sold by developerReady
AED 542,506AED 457 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 July 2020.

Key facts

Type
2-bed apartment
Size
1,185 sqft
Floor
10th of 16
Parking
B1- 22
Developer
Select Global Development
Completed
2007
Service charge
AED 22,900 /yr
Last sold
AED 880K · July 2020
Building
Yacht Bay

About 1011, Yacht Bay

1011 is a two-bedroom apartment of 1,185 sqft on the 10th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. It last sold on 12 July 2020 for AED 880,000, or AED 742 per sqft, in line with the AED 742 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 10 March 2019, is AED 94,000 a year: a gross yield of 10.7% on the 2020 price, before the service charge of about AED 22,900 a year.

Sales and rents for 1011 over time

Sales
Unit 1011, each saleTypical two-bed in Yacht Bay
1M2M2008201320182023Typical sale price by year: 2008 AED 1,034,527; 2009 AED 880,040; 2010 AED 971,448; 2011 AED 850,000; 2012 AED 935,000; 2013 AED 1,280,000; 2014 AED 1,295,360; 2015 AED 1,600,000; 2016 AED 1,412,071; 2017 AED 1,512,500; 2018 AED 1,412,500; 2020 AED 890,000; 2021 AED 975,000; 2022 AED 1,225,000; 2023 AED 1,475,000; 2024 AED 1,570,000; 2025 AED 1,918,500Sold by developer, July 2009: AED 542,506 (AED 457 per sqft)Sold, July 2020: AED 880,000 (AED 742 per sqft)

1011 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1011, each contractTypical two-bed in Yacht Bay
100K2012201620202024Typical rent by year: 2012 AED 93,750; 2013 AED 106,250; 2014 AED 125,000; 2015 AED 125,000; 2016 AED 125,000; 2017 AED 118,343; 2018 AED 103,000; 2019 AED 97,500; 2020 AED 70,000; 2021 AED 65,000; 2022 AED 85,000; 2023 AED 110,000; 2024 AED 120,000; 2025 AED 120,000; 2026 AED 116,633New contract, June 2013: AED 120,000 a yearNew contract, February 2015: AED 135,000 a yearNew contract, October 2015: AED 135,000 a yearNew contract, March 2019: AED 94,000 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 Yacht Bay, and where 1011 sits

All 75 2-beds →

1011 last sold in July 2020 at AED 742 per sqft, in line with what two-beds in Yacht Bay were fetching at the time (AED 742). Over the last 12 months two-beds sold for AED 1,575,000 to 2,050,000, around AED 1,342 per sqft, and rent for AED 100,000 to 120,000 a year. 1011's AED 94,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jan 20262,050,000
15 Jan 20261,575,000
10 Dec 20252,000,000
15 Jul 20251,837,000
5 2-bed sales in the last 12 months

Yacht Bay

Building

174 apartments, studios to 3-bed over 16 floors in Dubai Marina, completed in 2007 by Select Global Development. 7 sold in the last 12 months.

Typical price per sqft
AED 1,392
Typical sale
AED 1.65M
Typical rent
AED 95K /yr
Typical yield
7.5%
Yacht Bay, Dubai Marina: prices, sales and rents →

Other units on the 10th floor

All 174 units in Yacht Bay
Value
1001StudioAED 800K · Aug 2016
1002StudioAED 489K · Jul 2009
1003StudioAED 975K · Mar 2025
1004StudioAED 875K · Nov 2014
10051-bedAED 641K · Feb 2010
10061-bedAED 835K · Jun 2022
10072-bedAED 1.34M · Dec 2008
1–7 of 10

1011, Yacht Bay in numbers

  • Sold twice: first on 6 July 2009 for AED 542,506, last on 12 July 2020 for AED 880,000 (AED 742 per sqft).
  • Rented since June 2013 on 4 Ejari contracts, from AED 120,000 to AED 94,000 a year.
  • At AED 94,000 a year the gross yield on the 2020 price is 10.7%, before a service charge of about AED 22,900 a year (AED 19.34 per sqft).
  • Two-beds in Yacht Bay sold for AED 1,575,000–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,392 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 July 2020.

Questions about 1011, Yacht Bay

What did unit 1011 last sell for?

AED 880,000 on 12 July 2020: AED 742 per sqft for 1,185 sqft. The unit has 2 registered sales; the first was AED 542,506 in July 2009.

What is the rent for unit 1011?

AED 94,000 a year on the contract signed on 10 March 2019. The previous contract, from October 2015, was AED 135,000; the unit has been rented since June 2013.

How big is unit 1011?

1,185 sqft (110.1 sqm): a two-bedroom apartment on the 10th floor of a 16-storey tower completed in 2007.

What is unit 1011 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Yacht Bay sold for AED 1,575,000 to 2,050,000 in the last 12 months, around AED 1,342 per sqft.

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Mortgage on 1011, Yacht Bay

Starts from the last sale price (AED 880K, 12 July 2020). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

Plus AED 41,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →