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1-bed · 801 sqftYacht Bay, Dubai Marina · 7th floor · completed 2007

706, Yacht Bay

Sold prices and rental history: sold 3 times, last in May 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 637K6 May 2021
Current rentAED 80K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Yacht Bay

What is 706 worth today?

Last sold for AED 636,710 in 2021

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1 Jun 2024RentedNew contract
AED 80,000/yr12 months · AED 100 per sqft
31 May 2023RentedNew contract
AED 80,000/yr12 months · AED 100 per sqft
20 May 2022RentedRenewal
AED 55,200/yr12 months · AED 69 per sqft
20 May 2021RentedNew contract
AED 48,000/yr12 months · AED 60 per sqft
6 May 2021SoldReady
AED 636,710AED 794 per sqft
22 Oct 2019RentedRenewal
AED 65,000/yr24 months · AED 81 per sqft
22 Oct 2018RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
22 Jul 2013SoldReady
AED 960,000AED 1,198 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2024.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
7th of 16
Parking
B2- 47
Developer
Select Global Development
Completed
2007
Service charge
AED 15,500 /yr
Last sold
AED 637K · May 2021
Building
Yacht Bay

About 706, Yacht Bay

706 is a one-bedroom apartment of 801 sqft on the 7th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. It last sold on 6 May 2021 for AED 636,710, or AED 794 per sqft, in line with the AED 794 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 1 June 2024, is AED 80,000 a year: a gross yield of 12.6% on the 2021 price, before the service charge of about AED 15,500 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, June 2009: AED 330,870 (AED 413 per sqft)Sold, July 2013: AED 960,000 (AED 1,198 per sqft)Sold, May 2021: AED 636,710 (AED 794 per sqft)

706 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 706, each contractTypical one-bed in Yacht Bay
60K80K2012201620202024Typical 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, December 2012: AED 75,000 a yearNew contract, October 2018: AED 70,000 a yearRenewal, October 2019: AED 65,000 a yearNew contract, May 2021: AED 48,000 a yearRenewal, May 2022: AED 55,200 a yearNew contract, May 2023: AED 80,000 a yearNew contract, June 2024: AED 80,000 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 706 sits

All 30 1-beds →

706 last sold in May 2021 at AED 794 per sqft, in line with what one-beds in Yacht Bay were fetching at the time (AED 794). 706's AED 80,000 is in the lower half 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
7051-bedAED 615K · May 2012
7072-bedAED 1.29M · Jul 2009
7082-bedAED 1.2M · Jun 2009
1–7 of 10

706, Yacht Bay in numbers

  • Sold 3 times: first on 30 June 2009 for AED 330,870, last on 6 May 2021 for AED 636,710 (AED 794 per sqft).
  • Rented since December 2012 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 48,000 in 2021 and recovered to AED 80,000 by June 2024.
  • At AED 80,000 a year the gross yield on the 2021 price is 12.6%, before a service charge of about AED 15,500 a year (AED 19.34 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2024.

Questions about 706, Yacht Bay

What did unit 706 last sell for?

AED 636,710 on 6 May 2021: AED 794 per sqft for 801 sqft. The unit has 3 registered sales; the first was AED 330,870 in June 2009.

What is the rent for unit 706?

AED 80,000 a year on the contract signed on 1 June 2024. The previous contract, from May 2023, was AED 80,000; the unit has been rented since December 2012.

How big is unit 706?

801 sqft (74.4 sqm): a one-bedroom apartment on the 7th floor of a 16-storey tower completed in 2007.

What is unit 706 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 706, Yacht Bay

Starts from the last sale price (AED 637K, 6 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 636,710
Deposit, UAE resident (20%)
AED 127,342
Deposit, non-resident (40%)
AED 254,684
Monthly over 25 years at 3.7%
AED 2,605

Plus AED 31,751 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →