1508, Yacht Bay
Sold prices and rental history: sold twice, last in July 2023, 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 1508, Yacht Bay
What is 1508 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 20 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,382 sqft
- Floor
- 15th of 16
- Parking
- B1- 83
- Developer
- Select Global Development
- Completed
- 2007
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.5M · July 2023
- Building
- Yacht Bay
About 1508, Yacht Bay
1508 is a two-bedroom apartment of 1,382 sqft on the 15th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. It last sold on 14 July 2023 for AED 1,500,000, or AED 1,085 per sqft, 13% above the AED 956 two-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 20 March 2025, is AED 135,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 26,700 a year.
Sales and rents for 1508 over time
1508 has sold twice; 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 1508 sits
All 75 2-beds →1508 last sold in July 2023 at AED 1,085 per sqft, 13% above what two-beds in Yacht Bay were fetching at the time (AED 956). 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. 1508's AED 135,000 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 15th floor
All 174 units in Yacht Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | Studio | 609 sqft | AED 750KAED 750,000 · May 2023May 2023 | 65,000 /yr | |
| 1502 | Studio | 554 sqft | AED 750KAED 750,000 · Jan 2017January 2017 | ||
| 1503 | Studio | 546 sqft | AED 575KAED 575,000 · Jun 2022June 2022 | 85,000 /yr | |
| 1504 | Studio | 460 sqft | AED 680KAED 680,000 · Mar 2023March 2023 | 45,000 /yr | |
| 1505 | 1-bed | 746 sqft | AED 900KAED 900,000 · Oct 2013October 2013 | 55,000 /yr | |
| 1506 | 1-bed | 801 sqft | AED 1.2MAED 1,200,000 · Oct 2023October 2023 | 85,000 /yr | |
| 1507 | 2-bed | 1,558 sqft | AED 1.5MAED 1,500,000 · Sep 2022September 2022 | 103,000 /yr | |
| 1509 | 2-bed | 587 sqft | AED 1.04MAED 1,036,800 · Jun 2009June 2009 | 100,000 /yr | |
| 1510 | 2-bed | 1,168 sqft | AED 1.84MAED 1,837,000 · Jul 2025July 2025 | 159,116 /yr | |
| 1511 | 2-bed | 1,185 sqft | AED 1.63MAED 1,625,000 · Nov 2024November 2024 | 116,000 /yr |
1508, Yacht Bay in numbers
- Sold twice: first on 17 December 2008 for AED 1,288,800, last on 14 July 2023 for AED 1,500,000 (AED 1,085 per sqft).
- Rented since January 2016 on 8 Ejari contracts. The rent fell from AED 139,625 to AED 70,000 in 2022 and recovered to AED 135,000 by March 2025.
- At AED 135,000 a year the gross yield on the 2023 price is 9.0%, 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 20 March 2025.
Questions about 1508, Yacht Bay
What did unit 1508 last sell for?
AED 1,500,000 on 14 July 2023: AED 1,085 per sqft for 1,382 sqft. The unit has 2 registered sales; the first was AED 1,288,800 in December 2008.
What is the rent for unit 1508?
AED 135,000 a year on the contract signed on 20 March 2025. The previous contract, from May 2022, was AED 70,000; the unit has been rented since January 2016.
How big is unit 1508?
1,382 sqft (128.4 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2007.
What is unit 1508 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.
Selling 1508? 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.
Mortgage on 1508, Yacht Bay
Starts from the last sale price (AED 1.5M, 14 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →