Studio · 273 sqftYacht Bay, Dubai Marina · 12th floor · completed 2007

1203, Yacht Bay

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 680K19 October 2022
Current rentAED 72K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Yacht Bay

What is 1203 worth today?

Last sold for AED 680,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Apr 2025RentedNew contract
AED 71,743/yr9 months · AED 133 per sqft
9 Jun 2024RentedRenewal
AED 60,000/yr7 months · AED 109 per sqft
9 Dec 2023RentedRenewal
AED 60,000/yr6 months · AED 109 per sqft
19 Oct 2022SoldReady
AED 680,000AED 1,245 per sqft
10 Jun 2015RentedNew contract
AED 65,000/yr12 months · AED 118 per sqft
8 Mar 2012SoldReady
AED 450,000AED 824 per sqft
8 Jan 2012Sold by developerReady
AED 495,747AED 907 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 April 2025.

Key facts

Type
Studio apartment
Size
273 sqft
Floor
12th of 16
Parking
B1- 36
Developer
Select Global Development
Completed
2007
Service charge
AED 5,300 /yr
Last sold
AED 680K · October 2022
Building
Yacht Bay

About 1203, Yacht Bay

1203 is a studio of 273 sqft on the 12th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. It last sold on 19 October 2022 for AED 680,000, or AED 1,245 per sqft, 15% above the AED 1,082 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 1 April 2025, is AED 71,743 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 5,300 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical studio in Yacht Bay
500K750K1M2008201320182023Typical sale price by year: 2008 AED 465,018; 2009 AED 478,030; 2010 AED 496,455; 2011 AED 445,000; 2012 AED 495,747; 2013 AED 592,500; 2014 AED 820,000; 2015 AED 615,000; 2017 AED 785,000; 2021 AED 580,000; 2022 AED 620,000; 2023 AED 715,000; 2024 AED 900,000; 2025 AED 940,000Sold by developer, January 2012: AED 495,747 (AED 907 per sqft)Sold, March 2012: AED 450,000 (AED 824 per sqft)Sold, October 2022: AED 680,000 (AED 1,245 per sqft)

1203 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1203, each contractTypical studio in Yacht Bay
40K60K2012201620202024Typical rent by year: 2012 AED 45,000; 2013 AED 54,000; 2014 AED 60,000; 2015 AED 70,000; 2016 AED 68,000; 2017 AED 65,000; 2018 AED 58,000; 2019 AED 50,000; 2020 AED 42,929; 2021 AED 38,000; 2022 AED 47,000; 2023 AED 55,000; 2024 AED 68,125; 2025 AED 68,250New contract, June 2015: AED 65,000 a yearRenewal, December 2023: AED 60,000 a yearRenewal, June 2024: AED 60,000 a yearNew contract, April 2025: AED 71,743 a year

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

Studios in Yacht Bay, and where 1203 sits

All 59 studios →

1203 last sold in October 2022 at AED 1,245 per sqft, 15% above what studios in Yacht Bay were fetching at the time (AED 1,082). Over the last 12 months studios sold for AED 925,000 to 930,000, around AED 1,698 per sqft, and rent for AED 70,000 to 85,000 a year. 1203's AED 71,743 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Jan 2026930,000
16 Jan 2026925,000
16 Jun 2025170,000
5 May 2025940,000
2 studio 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 12th floor

All 174 units in Yacht Bay
Value
1201StudioAED 571K · Nov 2008
1202StudioAED 810K · Aug 2024
1204StudioAED 450K · Aug 2008
12051-bedAED 860K · Jan 2013
12061-bedAED 702K · Dec 2008
12072-bedAED 2.25M · May 2025
12082-bedAED 623K · Jun 2009
1–7 of 10

1203, Yacht Bay in numbers

  • Sold 3 times: first on 8 January 2012 for AED 495,747, last on 19 October 2022 for AED 680,000 (AED 1,245 per sqft).
  • Rented since June 2015 on 4 Ejari contracts, from AED 65,000 to AED 71,743 a year.
  • At AED 71,743 a year the gross yield on the 2022 price is 10.5%, before a service charge of about AED 5,300 a year (AED 19.34 per sqft).
  • Studios in Yacht Bay sold for AED 925,000–930,000 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 1 April 2025.

Questions about 1203, Yacht Bay

What did unit 1203 last sell for?

AED 680,000 on 19 October 2022: AED 1,245 per sqft for 273 sqft. The unit has 3 registered sales; the first was AED 495,747 in January 2012.

What is the rent for unit 1203?

AED 71,743 a year on the contract signed on 1 April 2025. The previous contract, from June 2024, was AED 60,000; the unit has been rented since June 2015.

How big is unit 1203?

273 sqft (25.4 sqm): a studio on the 12th floor of a 16-storey tower completed in 2007.

What is unit 1203 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Yacht Bay sold for AED 925,000 to 930,000 in the last 12 months, around AED 1,698 per sqft.

Selling 1203? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1203, Yacht Bay

Starts from the last sale price (AED 680K, 19 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 680,000
Deposit, UAE resident (20%)
AED 136,000
Deposit, non-resident (40%)
AED 272,000
Monthly over 25 years at 3.7%
AED 2,782

Plus AED 33,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →