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1-bed · 746 sqftYacht Bay, Dubai Marina · 7th floor · completed 2007

705, Yacht Bay

Sold prices and rental history: sold once, by the developer in May 2012, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 20 July 2021
Last soldAED 615K8 May 2012
Current rentAED 50K /yr20 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Yacht Bay

What is 705 worth today?

Last sold for AED 615,000 in 2012

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20 Jul 2021RentedRenewal
AED 50,000/yr12 months · AED 67 per sqft
20 Jul 2020RentedRenewal
AED 50,000/yr12 months · AED 67 per sqft
20 Jul 2019RentedNew contract
AED 60,000/yr12 months · AED 81 per sqft
1 Jun 2016RentedNew contract
AED 47,867/yr12 months · AED 64 per sqft
8 May 2012Sold by developerReady
AED 615,000AED 824 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 July 2021.

Key facts

Type
1-bed apartment
Size
746 sqft
Floor
7th of 16
Parking
B2- 71
Developer
Select Global Development
Completed
2007
Service charge
AED 14,400 /yr
Last sold
AED 615K · May 2012
Building
Yacht Bay

About 705, Yacht Bay

705 is a one-bedroom apartment of 746 sqft on the 7th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. The developer sold it on 8 May 2012 for AED 615,000, or AED 824 per sqft, 23% above the AED 670 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 20 July 2021, is AED 50,000 a year: a gross yield of 8.1% on the 2012 price, before the service charge of about AED 14,400 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical one-bed in Yacht Bay
500K1M20082012201620202024Typical sale price by year: 2008 AED 873,845; 2009 AED 612,295; 2010 AED 594,060; 2011 AED 314,730; 2012 AED 615,000; 2013 AED 995,000; 2023 AED 1,080,000Sold by developer, May 2012: AED 615,000 (AED 824 per sqft)

705 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 705, each contractTypical one-bed in Yacht Bay
60K80K2013201720212025Typical rent by year: 2013 AED 70,000; 2014 AED 83,000; 2015 AED 86,000; 2016 AED 85,000; 2017 AED 80,000; 2018 AED 70,000; 2019 AED 65,000; 2020 AED 58,000; 2021 AED 51,000; 2022 AED 60,000; 2023 AED 79,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 85,000New contract, June 2016: AED 47,867 a yearNew contract, July 2019: AED 60,000 a yearRenewal, July 2020: AED 50,000 a yearRenewal, July 2021: AED 50,000 a year

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

1-beds in Yacht Bay, and where 705 sits

All 30 1-beds →

705 last sold in May 2012 at AED 824 per sqft, 23% above what one-beds in Yacht Bay were fetching at the time (AED 670). 705's AED 50,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Jun 20251,225,000
27 Feb 20251,225,000
13 Mar 20241,230,000
7 Dec 20231,080,000
0 1-bed 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 7th floor

All 174 units in Yacht Bay
Value
701StudioAED 1M · Jan 2025
702StudioAED 800K · Oct 2017
703StudioAED 820K · Nov 2013
704StudioAED 650K · May 2014
7061-bedAED 637K · May 2021
7072-bedAED 1.29M · Jul 2009
7082-bedAED 1.2M · Jun 2009
1–7 of 10

705, Yacht Bay in numbers

  • Sold once: by Select Global Development on 8 May 2012 for AED 615,000, or AED 824 per sqft.
  • Rented since June 2016 on 4 Ejari contracts, from AED 47,867 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2012 price is 8.1%, before a service charge of about AED 14,400 a year (AED 19.34 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 20 July 2021.

Questions about 705, Yacht Bay

What did unit 705 last sell for?

AED 615,000 on 8 May 2012, sold by the developer: AED 824 per sqft for 746 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 50,000 a year on the contract renewed on 20 July 2021. The previous contract, from July 2020, was AED 50,000; the unit has been rented since June 2016.

How big is unit 705?

746 sqft (69.3 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2007.

What is unit 705 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 705, Yacht Bay

Starts from the last sale price (AED 615K, 8 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 615,000
Deposit, UAE resident (20%)
AED 123,000
Deposit, non-resident (40%)
AED 246,000
Monthly over 25 years at 3.7%
AED 2,516

Plus AED 30,840 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →