What is the rental yield in The Bay?

The Bay returns 5.00% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 82 rental contracts registered in the last 24 months.

How much does a 1 bedroom in The Bay cost?

The median registered sale price is AED 1.90M (1,495 AED/sqft), from 5 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.

Have prices in The Bay risen or fallen?

Median price per square foot moved -17.2% over the last 12 months against the 12 before it, on 5 registered sales. On a sample this size, read the direction rather than the exact figure.

How does The Bay compare with Dubai Creek Harbour?

Its 5.00% gross yield sits -0.8 pts against the Dubai Creek Harbour median of 5.80%, computed at the same bedroom grain over the same 24-month window.

Do new tenants in The Bay pay more than sitting ones?

A new tenant pays +5.6% against a renewing one, across 69 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

The Bay — sale prices & yield | Dubai Creek Harbour, Dubai

Buy: 1.90MAED; AED 1,495/sqft
Long-let: 5.00%; AED 95,000/yr

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

Yield spread: -0.8 pts; vs the Dubai Creek Harbour median for this unit type
Turnover upside: +5.6%; new tenants pay more than sitting ones — 69 renewals
AED/yr/sqft: AED 122
Sales: 5
Rental contracts: 82
Renewal rent: AED 90,000/yr

12 months: -17.2%
3 years: -7.5%-2.5%/yr

Based on 5 sales and 82 rental contracts in the last 24 months. Rental data covers the whole 17 Icon Bay project, not this tower alone.

The Bay is an apartment building in Dubai Creek Harbour, Dubai, one of the towers in the 17 Icon Bay development. 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 2019 to 2026, 216 registered sales in all — the 5 in the last 24 months are what every median above is computed from.

Price history

Every recorded sale in The 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 1.90M	1495	5.00% -0.8 pts	-17.2%	5
2 bed	AED 2.55M	2422	6.14% +0.7 pts	—	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.

2 bed: Priced off the last 5 sales — most recent November 2024.

Off-plan vs resale

Units sold off-plan in The Bay between 2019 and 2022 went for a median of AED 1,368/sqft (AED 1.21M). The same building resells today at AED 1,499/sqft (AED 1.95M) — an uplift of +61.6%.

Based on 54 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.

Sales

Date	Type	Sqft	Price	AED/sqft
3 Jun 2026	1 bed	1,365	AED 2,050,000	1,502

1 resales in the last 3 months.

Rental contracts

The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.

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 · The Bay places 23rd of 86

Common questions

What is the rental yield in The Bay?: The Bay returns 5.00% gross — median annual rent from new Ejari contracts over the median resale price, before service charge, agency fees or vacant months. Measured across 82 rental contracts registered in the last 24 months.
How much does a 1 bedroom in The Bay cost?: The median registered sale price is AED 1.90M (1,495 AED/sqft), from 5 Dubai Land Department sales in the last 24 months. This is a price paid, not an asking price.
Have prices in The Bay risen or fallen?: Median price per square foot moved -17.2% over the last 12 months against the 12 before it, on 5 registered sales. On a sample this size, read the direction rather than the exact figure.
How does The Bay compare with Dubai Creek Harbour?: Its 5.00% gross yield sits -0.8 pts against the Dubai Creek Harbour median of 5.80%, computed at the same bedroom grain over the same 24-month window.
Do new tenants in The Bay pay more than sitting ones?: A new tenant pays +5.6% against a renewing one, across 69 renewal contracts in the last 24 months. Renewals are capped by RERA and sit below market, so a wide gap means rent that is below market until the unit changes hands.

The Bay