What is the rental yield in 17 Icon Bay?

17 Icon Bay returns 6.28% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 106 rental contracts registered in the last 24 months.

How much does a 2 bedroom in 17 Icon Bay cost?

The median registered sale price is AED 2.42M (2,166 AED/sqft), from 22 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

What are apartments in 17 Icon Bay selling for right now?

Registered sales of ready units in 17 Icon Bay over the last 6 months have a median of 1,992 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.

Have prices in 17 Icon Bay risen or fallen?

Median price per square foot moved +6.4% over the last 12 months against the 12 before it, on 22 registered sales. On a sample this size, read the direction rather than the exact figure.

How does 17 Icon Bay compare with Dubai Creek Harbour?

Its 6.28% gross yield sits +0.8 pts against the Dubai Creek Harbour median of 5.46%, computed at the same bedroom grain over the same 24-month window.

17 Icon Bay — sale prices & yield | Dubai Creek Harbour, Dubai

Buy: 2.42MAED; AED 1,992/sqft
Long-let: 6.28%; AED 135,000/yr
Short-let: 10.64%; AED 1,122/night · 1.00/sqft

Price per sqft: Median of 5 registered sales of ready units in the last 6 months, most recent July 2026.

Priced off the last 5 sales — most recent July 2026.

Yield spread: +0.8 pts; vs the Dubai Creek Harbour median for this unit type
Turnover upside: +3.9%; new tenants pay more than sitting ones — 108 renewals
AED/yr/sqft: AED 124
Sales: 22
Rental contracts: 106
Renewal rent: AED 130,000/yr

12 months: +6.4%
3 years: +25.0%+7.7%/yr
5 years: +43.2%+7.4%/yr

Based on 22 sales and 106 rental contracts in the last 24 months.

17 Icon Bay is an apartment building in Dubai Creek Harbour, Dubai. The closest metro station is Creek Metro Station, the nearest mall City Centre Mirdif and the nearest landmark Dubai International Airport. Land Department records for it run from 2017 to 2026, 1,036 registered sales in all — the 22 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in 17 Icon Bay, by year.

Monthly median AED per sqft, smoothed over three months. The band along the bottom is the number of records each month.

Yield by bedroom type

Type	Median price	AED/sqft	Yield	12mo	Sales
1 bed	AED 1.65M	2157	5.94% +0.1 pts	-0.7%	21
2 bed	AED 2.42M	2166	6.28% +0.8 pts	+6.4%	22
3 bed	AED 3.80M	2265	5.48% -0.2 pts	-0.7%	11
4+ bed	AED 8.50M	2112	—	—	1

Deltas compare each yield with the Dubai Creek Harbour median for the same unit type. How these yields are computed

How these yields are computed

Each yield divides the median rent by the median of the last 3 months of sales — or of the last 5 sales where the last 3 months hold fewer than three. Off-plan and ready sales count alike, and each bedroom type is priced off its own sales.

Short-let rates around 17 Icon Bay

Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.

How short-let rates are measured

Rates are sampled for every month of the coming year, so the figure carries the full season rather than a winter or summer slice. Listing counts are what those searches returned on the first page — a floor on what the building actually lists, not a count of it. Airbnb publishes approximate coordinates, so even the tightest set — listings within 50 metres — is the building and its immediate neighbours. Where that set is too small to measure a bedroom type, the row widens to the surrounding 500-metre cluster and is marked “500m”.

Type	Nightly (AED)	AED/night/sqft	Net revenue at 80%	Long-let rent	Uplift	Short-let yield	Listings seen
1 bed500m	604	0.79	AED 136,202	AED 95,000	1.4×	8.25%	32+
2 bed	1,122	1.00	AED 258,063	AED 135,000	1.9×	10.64%	2+
3 bed500m	1,119	0.67	AED 247,957	AED 209,477	1.2×	6.53%	11+
4+ bed500m	1,578	0.39	AED 321,849	—	—	3.79%	3+

Nightly rate per sqft through the year

Median nightly rate per sqft by month of stay. Smaller, fainter points rest on fewer listings. Per-sqft puts different bedroom types on the same axis.

Net revenue assumes 80% occupancy — an assumption, not a measurement.

What the net revenue deducts

Occupancy is an assumption because no Dubai source publishes it per building — at half the occupancy, halve the revenue and the yield. From the nightly rate a guest sees, net revenue deducts Airbnb's 15.5% fee, then cleaning at 2 turnovers a month and utilities, both scaled to the unit's measured floor area. Service charge and mortgage are deliberately not deducted: neither comes out of the long-let rent beside it, and a service charge is owed whichever way the unit is let, so taking it off one side only would break the comparison. Neither figure is net of income tax or furnishing. Rows marked 500m widen to the surrounding cluster, because 17 Icon Bay itself had too few listings of that type to measure.

Off-plan vs resale

Units sold off-plan in 17 Icon Bay between 2017 and 2023 went for a median of AED 1,523/sqft (AED 1.52M). The same building resells today at AED 2,206/sqft (AED 2.20M) — an uplift of +44.5%.

Based on 330 off-plan sales across the building's full history.

Why this uses the full history

This comparison is deliberately not restricted to the 24-month window used elsewhere on the page — off-plan launches mostly predate it, so the window would erase the sales being compared.

Recent transactions

As filed with the Land Department — data to 2026-08-26.

26 resales in the last 12 months, against 55 a year on average over 2023–2025.

Sales

Date	Type	Sqft	Price	AED/sqft
4 Aug 2026	1 bed	742	AED 1,670,000	2,249
17 Jul 2026	2 bed	1,096	AED 2,680,000	2,446

2 resales in the last 3 months.

Rental contracts

Start	Type	Sqft	Annual rent	AED/sqft	Contract
4 Sept 2026	2 bed	1,097	AED 105,000	96	New
1 Sept 2026	1 bed	742	AED 95,000	128	Renewal
1 Sept 2026	2 bed	1,097	AED 130,000	119	Renewal
1 Sept 2026	2 bed	1,079	AED 110,000	102	Renewal
1 Sept 2026	1 bed	770	AED 80,000	104	Renewal
22 Aug 2026	1 bed	1,656	AED 120,000	72	Renewal
20 Aug 2026	1 bed	742	AED 90,000	121	New
20 Aug 2026	1 bed	770	AED 85,000	110	Renewal
18 Aug 2026	1 bed	762	AED 85,000	112	New
18 Aug 2026	1 bed	762	AED 85,000	112	New
16 Aug 2026	1 bed	765	AED 82,000	107	New
14 Aug 2026	2 bed	1,094	AED 108,000	99	New
11 Aug 2026	2 bed	1,094	AED 135,000	123	New
10 Aug 2026	2 bed	1,131	AED 120,000	106	New
5 Aug 2026	2 bed	1,077	AED 110,000	102	New
5 Aug 2026	2 bed	1,094	AED 115,000	105	New
5 Aug 2026	2 bed	1,096	AED 120,000	110	Renewal
2 Aug 2026	1 bed	1,332	AED 83,462	63	New
1 Aug 2026	2 bed	1,097	AED 130,000	119	New
1 Aug 2026	1 bed	762	AED 85,000	112	Renewal
1 Aug 2026	1 bed	1,390	AED 120,000	86	New
1 Aug 2026	2 bed	1,094	AED 70,189	64	New
1 Aug 2026	3 bed	1,687	AED 183,750	109	New
1 Aug 2026	1 bed	765	AED 70,000	91	New
1 Aug 2026	3 bed	1,718	AED 180,000	105	New
1 Aug 2026	2 bed	1,094	AED 130,000	119	Renewal
1 Aug 2026	2 bed	1,079	AED 125,000	116	Renewal
31 Jul 2026	2 bed	1,079	AED 120,750	112	Renewal
21 Jul 2026	1 bed	765	AED 85,000	111	Renewal
20 Jul 2026	1 bed	765	AED 80,000	105	New
20 Jul 2026	1 bed	765	AED 85,000	111	Renewal
19 Jul 2026	1 bed	742	AED 100,000	135	Renewal
15 Jul 2026	3 bed	1,612	AED 196,000	122	Renewal
15 Jul 2026	3 bed	1,687	AED 200,000	119	New
14 Jul 2026	2 bed	1,097	AED 121,000	110	New
14 Jul 2026	1 bed	743	AED 88,200	119	Renewal
12 Jul 2026	2 bed	1,079	AED 100,000	93	New
10 Jul 2026	1 bed	765	AED 90,000	118	New
8 Jul 2026	2 bed	1,096	AED 150,000	137	New
7 Jul 2026	2 bed	1,096	AED 135,000	123	New
6 Jul 2026	1 bed	742	AED 90,000	121	New
5 Jul 2026	1 bed	744	AED 80,000	108	Renewal
2 Jul 2026	1 bed	765	AED 82,000	107	New
1 Jul 2026	2 bed	1,096	AED 121,000	110	Renewal
1 Jul 2026	2 bed	1,077	AED 120,000	111	New
26 Jun 2026	3 bed	1,612	AED 200,000	124	New
24 Jun 2026	1 bed	742	AED 95,514	129	New
22 Jun 2026	1 bed	770	AED 80,000	104	Renewal
20 Jun 2026	1 bed	765	AED 82,000	107	New
20 Jun 2026	2 bed	1,056	AED 120,000	114	New
19 Jun 2026	1 bed	770	AED 84,000	109	Renewal
18 Jun 2026	2 bed	1,096	AED 135,000	123	Renewal
14 Jun 2026	1 bed	770	AED 78,000	101	New
12 Jun 2026	1 bed	765	AED 85,000	111	New
10 Jun 2026	1 bed	762	AED 75,000	98	New
10 Jun 2026	2 bed	1,079	AED 120,000	111	New
8 Jun 2026	1 bed	1,338	AED 110,000	82	New
7 Jun 2026	1 bed	743	AED 95,000	128	New
6 Jun 2026	2 bed	1,079	AED 130,000	120	Renewal
3 Jun 2026	2 bed	1,079	AED 120,000	111	New

Showing the 60 most recent of 73 contracts starting on or after 26 May 2026.

Start dates after 26 Aug 2026 are contracts already filed for a later move-in. They count towards the rent medians above for the same reason they appear here.

Nearby

Metro: Creek Metro Station
Mall: City Centre Mirdif
Landmark: Dubai International Airport

Compare with nearby buildings

The most-traded buildings in 17 Icon Bay, on the same figures over the same window.

Highest rental yields in Dubai Creek Harbour · 17 Icon Bay places 6th of 86

Common questions

What is the rental yield in 17 Icon Bay?: 17 Icon Bay returns 6.28% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 106 rental contracts registered in the last 24 months.
How much does a 2 bedroom in 17 Icon Bay cost?: The median registered sale price is AED 2.42M (2,166 AED/sqft), from 22 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
What are apartments in 17 Icon Bay selling for right now?: Registered sales of ready units in 17 Icon Bay over the last 6 months have a median of 1,992 AED/sqft, across 5 sales. That is the freshest window holding at least five, and it excludes off-plan. It is a median of what traded, not a valuation of a specific unit — floor, view and condition all move a real price and none of them is in it.
Have prices in 17 Icon Bay risen or fallen?: Median price per square foot moved +6.4% over the last 12 months against the 12 before it, on 22 registered sales. On a sample this size, read the direction rather than the exact figure.
How does 17 Icon Bay compare with Dubai Creek Harbour?: Its 6.28% gross yield sits +0.8 pts against the Dubai Creek Harbour median of 5.46%, computed at the same bedroom grain over the same 24-month window.

17 Icon Bay