1509, Yacht Bay
Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1509, Yacht Bay
What is 1509 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 587 sqft
- Floor
- 15th of 16
- Parking
- B1- 84
- Developer
- Select Global Development
- Completed
- 2007
- Service charge
- AED 11,300 /yr
- Last sold
- AED 1.04M · June 2009
- Building
- Yacht Bay
About 1509, Yacht Bay
1509 is a two-bedroom apartment of 587 sqft on the 15th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. The developer sold it on 22 June 2009 for AED 1,036,800, or AED 883 per sqft, 4% above the AED 846 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 1 July 2017, is AED 100,000 a year: a gross yield of 9.7% on the 2009 price, before the service charge of about AED 11,300 a year.
Sales and rents for 1509 over time
1509 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 1509 sits
All 75 2-beds →1509 last sold in June 2009 at AED 883 per sqft, 4% above what two-beds in Yacht Bay were fetching at the time (AED 846). 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. 1509's AED 100,000 is at the bottom 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 | |
| 1508 | 2-bed | 1,382 sqft | AED 1.5MAED 1,500,000 · Jul 2023July 2023 | 135,000 /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 |
1509, Yacht Bay in numbers
- Sold once: by Select Global Development on 22 June 2009 for AED 1,036,800, or AED 883 per sqft.
- Rented since December 2012 on 4 Ejari contracts, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2009 price is 9.7%, before a service charge of about AED 11,300 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 1 July 2017.
Questions about 1509, Yacht Bay
What did unit 1509 last sell for?
AED 1,036,800 on 22 June 2009, sold by the developer: AED 883 per sqft for 587 sqft. It is the only registered sale of the unit.
What is the rent for unit 1509?
AED 100,000 a year on the contract signed on 1 July 2017. The previous contract, from December 2015, was AED 110,000; the unit has been rented since December 2012.
How big is unit 1509?
587 sqft (54.5 sqm): a two-bedroom apartment on the 15th floor of a 16-storey tower completed in 2007.
What is unit 1509 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 1509, Yacht Bay
Starts from the last sale price (AED 1.04M, 22 June 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,036,800
- Deposit, UAE resident (20%)
- AED 207,360
- Deposit, non-resident (40%)
- AED 414,720
- Monthly over 25 years at 3.7%
- AED 4,242
Plus AED 48,556 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →