1208, Yacht Bay
Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1208, Yacht Bay
What is 1208 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 June 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,382 sqft
- Floor
- 12th of 16
- Parking
- B1- 41
- Developer
- Select Global Development
- Completed
- 2007
- Service charge
- AED 26,700 /yr
- Last sold
- AED 623K · June 2009
- Building
- Yacht Bay
About 1208, Yacht Bay
1208 is a two-bedroom apartment of 1,382 sqft on the 12th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. The developer sold it on 29 June 2009 for AED 622,920, or AED 450 per sqft, 46% below the AED 831 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 15 June 2024, is AED 130,000 a year: a gross yield of 20.9% on the 2009 price, before the service charge of about AED 26,700 a year.
Sales and rents for 1208 over time
1208 has sold once; the dashed line is the two-bed median of each year in the building.
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 1208 sits
All 75 2-beds →1208 last sold in June 2009 at AED 450 per sqft, 46% below what two-beds in Yacht Bay were fetching at the time (AED 831). 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. 1208's AED 130,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 1,558 sqft | 2,050,000 | 1,315 | ||
| 15 Jan 202615 January 2026 | 1,173 sqft | 1,575,000 | 1,342 | ||
| 10 Dec 202510 December 2025 | 1,168 sqft | 2,000,000 | 1,712 | ||
| 15 Jul 202515 July 2025 | 1,168 sqft | 1,837,000 | 1,572 |
Yacht Bay
Building174 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%
Other units on the 12th floor
All 174 units in Yacht Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | Studio | 609 sqft | AED 571KAED 571,212 · Nov 2008November 2008 | 75,000 /yr | |
| 1202 | Studio | 554 sqft | AED 810KAED 810,000 · Aug 2024August 2024 | 60,000 /yr | |
| 1203 | Studio | 273 sqft | AED 680KAED 680,000 · Oct 2022October 2022 | 71,743 /yr | |
| 1204 | Studio | 460 sqft | AED 450KAED 450,251 · Aug 2008August 2008 | 50,000 /yr | |
| 1205 | 1-bed | 746 sqft | AED 860KAED 860,000 · Jan 2013January 2013 | 50,000 /yr | |
| 1206 | 1-bed | 801 sqft | AED 702KAED 702,090 · Dec 2008December 2008 | 84,000 /yr | |
| 1207 | 2-bed | 1,558 sqft | AED 2.25MAED 2,250,000 · May 2025May 2025 | 120,000 /yr | |
| 1209 | 2-bed | 1,173 sqft | AED 900KAED 900,000 · Oct 2019October 2019 | 90,000 /yr | |
| 1210 | 2-bed | 1,168 sqft | AED 1.3MAED 1,300,000 · Aug 2016August 2016 | 130,000 /yr | |
| 1211 | 2-bed | 1,185 sqft | AED 1.3MAED 1,300,000 · Nov 2022November 2022 | 124,332 /yr |
1208, Yacht Bay in numbers
- Sold once: by Select Global Development on 29 June 2009 for AED 622,920, or AED 450 per sqft.
- Rented since July 2016 on 6 Ejari contracts. The rent fell from AED 140,000 to AED 76,000 in 2020 and recovered to AED 130,000 by June 2024.
- At AED 130,000 a year the gross yield on the 2009 price is 20.9%, before a service charge of about AED 26,700 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 15 June 2024.
Questions about 1208, Yacht Bay
What did unit 1208 last sell for?
AED 622,920 on 29 June 2009, sold by the developer: AED 450 per sqft for 1,382 sqft. It is the only registered sale of the unit.
What is the rent for unit 1208?
AED 130,000 a year on the contract signed on 15 June 2024. The previous contract, from October 2020, was AED 76,000; the unit has been rented since July 2016.
How big is unit 1208?
1,382 sqft (128.4 sqm): a two-bedroom apartment on the 12th floor of a 16-storey tower completed in 2007.
What is unit 1208 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 1208, Yacht Bay
Starts from the last sale price (AED 623K, 29 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 622,920
- Deposit, UAE resident (20%)
- AED 124,584
- Deposit, non-resident (40%)
- AED 249,168
- Monthly over 25 years at 3.7%
- AED 2,549
Plus AED 31,173 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →