The Bay
- Completed 2022
- Master developer The Lagoons Phase One
A 1 bed in The Bay costs a median AED 2.00M and rents long-let for AED 90,000/yr (4.5% gross).
1 bed · typical price
2.00MAED
AED 1,495/sqft
- Rent a year
- AED 90,000
- Yield after service charge
- 3.2%
- vs Dubai Creek Harbour
- 37% below the median
Cost to buy, all inAED 2.13M
- Price
- AED 2.00M
- DLD fee 4%
- AED 80,000
- Agent 2% + VAT
- AED 42,000
- Trustee
- AED 4,200
Fees repaid by net rent24 months
Is The Bay a good investment?Little new supply nearby; the rent pays below the Dubai median
- Does it pay a good rent?4.5% gross, 3.2% after the service charge (Dubai median 6.8%)4.5%Watch
- Are rents going up?New 1 bed leases: AED 95,500 a year ago, AED 90,000 now (pooled across the project)-5.8%
- How fast do fees pay back?AED 126,200 in fees to buy a 1 bed; net rent covers it in 2.0 years2.0 yrsFair
- Can I sell easily?3 sales in 12 months (2 the year before)3
- Is a lot being built nearby?905 apartments are planned in Dubai Creek Harbour from 2026 to 2028, equal to 15% of the 5,973 homes let there today. Dubai Creek Harbour supply by year →15%Strength
- Did earlier buyers gain?Up 8% for launch buyers, before fees+8.5%Context
Readings use published thresholds · 1 bed figures, the most traded type · Data to 12 Oct 2026
The Bay prices and rents by unit typeA one-bed costs about AED 2.00M and rents for about AED 90,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
1 bed · price per sqft · Dubai Creek Harbour · area median AED 2,377/sqft
- vs area median
- -37.1%
- Rank by price per sqft
- 73rd of 74
- Off-plan price gain, 2019–2022
- +6.7% · +1.2%/yr
Rental income
1 bed · Dubai Creek Harbour
- Gross yield
- 4.5%
- Median new rent
- AED 90,000/yr
- Yield vs area median
- -1.1 pts
- Yield vs Dubai (6.8%)
- -2.3 pts
- Yield rank
- 56th of 56
- Renewal rent
- AED 92,000/yr
- New tenants pay vs sitting (40 renewals)
- -2.2%
Read with care
- Rental data covers the whole 17 Icon Bay project, not this tower alone.
- Thin sample — 3 sales in 12 months. Treat these figures as indicative.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Chart data, 1 bed: Aug 2019, AED 1,088,282; latest, Jun 2026, AED 2,050,000; peak, Jun 2026, AED 2,050,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,495 · before fees
- Launch, 2019–22
- 1,378
- +8%
- 50 sales
- 3 years ago
- 1,644
- −9%
- 43 sales
- Previous 12 months
- 2,295
- −35%
- 2 sales
- Last 12 months
- 1,495
- today
- 3 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
3 resales in the last 12 months.
Comparables in Dubai Creek Harbour
Every Dubai Creek Harbour building with a page, ranked by price per sqft over the same 12 months, all unit types. The Bay places 104th of 104; the nearest 4 are shown.
Rank 1 is the dearest per square foot. Differences are against The Bay (AED 1,495/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 1 bed, The Bay has registered sale prices 37% below the Dubai Creek Harbour median price per square foot of 2,377 AED, across 74 eligible buildings. It ranks 73rd of 74 by price per square foot and 56th of 56 by gross yield in Dubai Creek Harbour.
Market context in Dubai Creek Harbour
Registered sales activity
1,285 ready apartment sales in the 12 months to 2026-10-12.
+2.5% in median AED/sqft versus the preceding year, supported by 1,285 current and 1,419 prior price observations.
Explore sales activityPlanned apartment projects
0 known registered units across 0 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 4 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
905 apartments are planned in Dubai Creek Harbour from 2026 to 2028, equal to 15% of the 5,973 homes let there today.
Ready prices per sqft fell in 27% of 63 buildings (counted once per bedroom type) in Dubai Creek Harbour with sales in both years; the typical one moved +2.7%.
New-lease rents fell in 44% of 16 buildings (counted once per bedroom type) with leases in both years; the typical one moved 0.0%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
The 17 Icon Bay towers
2 towers in 17 Icon Bay, at the bedroom type above.
Dubai Creek Harbour: every development at this typeDubai Creek Harbour: every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 1 bed. A median needs 3 rows; a dash with a count means fewer. Developments sharing a name are grouped under it; DLD itself records no such parent.
About The Bay
The Bay is an apartment building completed in 2022 by The Lagoons Phase One in Dubai Creek Harbour. 109 sales are registered with the Dubai Land Department.
The building, as registered
- Service charge
- AED 19.71/sqft a year · 2026 budget
- Master developer
- The Lagoons Phase One
Drive times · typical
- Downtown
- 17 min · 12 km
- DXB Airport
- 12 min · 7.0 km
- DIFC
- 14 min · 15 km
- Dubai Marina
- 25 min · 30 km
- Palm Jumeirah
- 31 min · 34 km
Nearest, as registered
- Metro
- Creek Metro Station
- Mall
- City Centre Mirdif
- Landmark
- Dubai International Airport
The Bay: AED 1,495 per sq ft, 35% below the median Dubai Creek Harbour building, and a 6.0% gross yield, above the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- The BayAED 1,495
- Dubai Creek Harbour, readyAED 2,348
- Dubai Creek Harbour, off-planAED 2,616
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
The BayDubai Creek Harbour median building
- Dubai Creek Harbour6.0% vs 5.3%
More from The Lagoons Phase One
The Grand
Dubai Creek Harbour · 85 sales, 12 months
3.26M
AED, resale median · 2,754/sqft
Palace Residences - North
Dubai Creek Harbour · 81 sales, 12 months
2.55M
AED, resale median · 2,649/sqft
Creek Palace
Dubai Creek Harbour · 47 sales, 12 months
3.08M
AED, resale median · 2,765/sqft
Creek Waters
Dubai Creek Harbour · 46 sales, 12 months
2.69M
AED, resale median · 2,348/sqft
Nearby in Dubai Creek Harbour
Prices per sq ft around The Bay, on the mapPrices per sq ft around The Bay, on the map
17 Icon Bay
Dubai Creek Harbour · 27 sales, 12 months
2.40M
AED, resale median · 2,157/sqft
The Grand
Dubai Creek Harbour · 85 sales, 12 months
3.26M
AED, resale median · 2,754/sqft
Palace Residences - North
Dubai Creek Harbour · 81 sales, 12 months
2.55M
AED, resale median · 2,649/sqft
Creek Beach - Moor Building 4
Dubai Creek Harbour · 50 sales, 12 months
2.40M
AED, resale median · 2,294/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 1 bedRead with care
- Rental evidence · 1 bedRead with care
- Service chargeAED 19.71/sqft a year, 2026 owners-association budget; 3.2% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- DeveloperOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 1 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from The Bay’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 8,893AED
- 4.5% over 25 years
- Monthly rent
- 7,500AED
- AED 90,000 a year
- Cash needed at purchase
- 549,200AED
- 20% down plus AED 149,200 in fees
Owning costs AED 261,471 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 3.
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Common questions
- What is the rental yield in The Bay?
- The Bay returns 4.5% gross: a median new-contract rent of AED 90,000 a year (40 Ejari contracts in 12 months) over a price benchmark of AED 2.00M (median of 3 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant months.
- How much does a 1 bedroom in The Bay cost?
- The median registered sale price is AED 2.00M (1,495 AED/sqft), from 3 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- How does The Bay compare with Dubai Creek Harbour?
- Its 4.5% gross yield sits -1.1 pts against the Dubai Creek Harbour median of 5.6%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
- What is the registered annual rent for a 1 bedroom in The Bay?
- The median new annual rent is AED 90,000, from 40 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in The Bay risen or fallen?
- The median new annual rent changed -5.8% in the trailing 12 months against the previous 12, using 40 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
For agents
Send this page to a client as a branded report
The Bay sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 3 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /sale/apartments/dubai/dubai-creek-harbour/the-bay
Cite as: Dubai Wealth Index. “The Bay sale prices and yield.” Dubai Creek Harbour, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-creek-harbour/the-bay
Stable dataJSON