1606, Yacht Bay
Sold prices and rental history: sold twice, last in February 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1606, Yacht Bay
What is 1606 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 February 2021.
Key facts
- Type
- 3-bed apartment
- Size
- 2,915 sqft
- Floor
- 16th of 16
- Parking
- B1- 88 - B2- 12
- Developer
- Select Global Development
- Completed
- 2007
- Service charge
- AED 56,400 /yr
- Last sold
- AED 1.5M · February 2021
- Building
- Yacht Bay
About 1606, Yacht Bay
1606 is a three-bedroom apartment of 2,915 sqft on the 16th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. It last sold on 22 February 2021 for AED 1,500,000, or AED 514 per sqft.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 10 May 2019, is AED 169,544 a year: a gross yield of 11.3% on the 2021 price, before the service charge of about AED 56,400 a year.
Sales and rents for 1606 over time
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Yacht Bay, and where 1606 sits
All 6 3-beds →| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Mar 202222 March 2022 | 2,319 sqft | 1,900,000 | 819 | ||
| 4 Aug 20214 August 2021 | 2,555 sqft | 2,100,000 | 821 | ||
| 15 Dec 201915 December 2019 | 2,555 sqft | 1,375,000 | 538 | ||
| 26 Jun 201326 June 2013 | 2,132 sqft | 2,390,000 | 1,121 |
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 16th floor
All 174 units in Yacht Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 3-bed | 2,319 sqft | AED 1.9MAED 1,900,000 · Mar 2022March 2022 | 125,383 /yr | |
| 1602 | 3-bed | 2,001 sqft | AED 1.59MAED 1,590,000 · May 2012May 2012 | 135,000 /yr | |
| 1603 | 1-bed | 1,502 sqft | AED 1.38MAED 1,375,000 · Nov 2021November 2021 | 140,000 /yr | |
| 1604 | 2-bed | 1,828 sqft | AED 1.1MAED 1,100,000 · Jun 2021June 2021 | 113,000 /yr | |
| 1605 | 3-bed | 2,995 sqft | AED 2.7MAED 2,700,000 · May 2013May 2013 | 125,000 /yr | |
| 1607 | 3-bed | 2,132 sqft | AED 2.39MAED 2,390,000 · Jun 2013June 2013 | ||
| 1608 | 2-bed | 2,103 sqft | AED 2MAED 2,000,000 · Oct 2022October 2022 | 137,143 /yr | |
| 1609 | 3-bed | 2,555 sqft | AED 2.1MAED 2,100,000 · Aug 2021August 2021 | 170,000 /yr |
1606, Yacht Bay in numbers
- Sold twice: first on 28 June 2009 for AED 2,521,920, last on 22 February 2021 for AED 1,500,000 (AED 514 per sqft).
- Rented since December 2014 on 4 Ejari contracts, from AED 159,865 to AED 169,544 a year.
- At AED 169,544 a year the gross yield on the 2021 price is 11.3%, before a service charge of about AED 56,400 a year (AED 19.34 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 22 February 2021.
Questions about 1606, Yacht Bay
What did unit 1606 last sell for?
AED 1,500,000 on 22 February 2021: AED 514 per sqft for 2,915 sqft. The unit has 2 registered sales; the first was AED 2,521,920 in June 2009.
What is the rent for unit 1606?
AED 169,544 a year on the contract renewed on 10 May 2019. The previous contract, from May 2018, was AED 170,000; the unit has been rented since December 2014.
How big is unit 1606?
2,915 sqft (270.8 sqm): a three-bedroom apartment on the 16th floor of a 16-storey tower completed in 2007.
What is unit 1606 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1606, Yacht Bay
Starts from the last sale price (AED 1.5M, 22 February 2021). 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 →