Yacht Bay Tower, Dubai Marina
HIGHLIGHTS
- Parking
- Gym
- Floor plans
- Renting property
- Buying property
- ROI
- Service charges
- Getting around
- Restaurants nearby
About Yacht Bay Tower
Yacht Bay Tower is a boating-themed residential tower in the waterfront community of Dubai, named Dubai Marina. It is a 16-storey building that is designed to provide its residents with luxurious living experiences. The building was developed by Star Group Global in 2007. There are a total of 174 apartments, including studio apartments and 1, 2 and 3-bedroom apartments. All these apartments have elegant décor, modern furnishes and spacious layouts. Yacht Bay is located just a few minutes away from Marina Walk and Dubai Marina Mall. The strategic location of this tower connects it directly to the DMCC metro station.
Due to its luxurious waterfront lifestyle experience, Dubai Marina is one of the most popular areas in Dubai for residential purposes. According to Bayut’s 2019 Real Estate Market Report, it is the most popular neighbourhood in Dubai for buying apartments. It is home to marvellous destinations, including Dubai Marina Mall and Dubai Marina Walk.
IN A NUTSHELL
- Yacht Bay Tower is a 16-storey tower located in Dubai Marina
- The tower has 174 apartments including studio apartments and 1, 2 and 3-bedroom apartments
- It was developed by Star Group Global in 2007
- It is located at a small distance from Marina Walk and Dubai Marina Mall
- It has direct access to Sheikh Zayed Road that connects residents to Abu Dhabi
- The apartments offer beautiful views
BUILDING DETAILS
Facilities in Yacht Bay Tower
Parking
For parking in Yacht Bay Tower Marina secure parking spaces are available for residents.
Elevator
There are high-speed elevators in Yacht Bay Tower, Dubai.
Security, Central Air-Conditioning and Maintenance Services
For security, guards are available in Yach Bay, Dubai Marina, along with CCTV cameras to ensure safety. Utilities in the building are powered by DEWA.
Event Space
Residents can find a small barbecue area in Yach Bay, Dubai Marina, where they can hold small parties. The tower also has multiple parks located nearby for recreational purposes.
Gym and Fitness Centre
There is a well-equipped gym in Yach Bay, Dubai Marina, to assist fitness enthusiasts. The building also has a large temperature-controlled swimming pool, among other fitness facilities. There is a Jacuzzi at the side of the pool for anyone wishing to find comfort after a long tiring day. Sauna and steam rooms are also available in order to help you detox your body and mind.
Lifestyle Amenities
Yacht Bay Marina is close to a garden, which can be used for recreational purposes. For young residents, there is a designated children’s play area where they can go and have a good time in a safe environment.
Concierge and Guest Services
Yacht Bay Tower has round-the-clock concierge services.
Pet-Friendly
The building is located in a pet-friendly community.
Safety Features
For safety, the tower is well equipped with smoke detectors and fire extinguishers.
Yacht Bay TowerFloor Plans
- The floor plans of studio apartments consist of eight types
- The floor plans of 1-bedroom apartments consist of five types
- The floor plans of 2-bedroom apartments consist of 13 types
- The floor plans of 3-bedroom apartments consist of three types
Bayut.com offers 2D and 3D formats of Yacht Bay Towerfloor plans. You may visit Bayut’s website for more detailed information.
Apartment Types in Yacht Bay Tower
There are four types of apartments available in Yacht Bay Tower, offering the utmost luxury and comfort. These include:
Studio Apartments in Yacht Bay Tower
A studio apartment in Yacht Bay Tower has a starting area of 460 sq. ft. and goes up to 554 sq. ft. with one bathroom. Some of these units are furnished. Studio units in this tower have rich wooden flooring and a warm ambience.
1-Bedroom Apartments in Yacht Bay Tower
1-bedroom apartments in Yacht Bay Tower cover a minimum area of 747 sq. ft., which goes as high as 801 sq. ft. These units come with an en-suite bathroom, a powder room, a laundry area and a kitchen. You can also find a large living room in these units.
2-Bedroom Apartments in Yacht Bay Tower
The spacious 2-bedroom flats in Yacht Bay Tower starts with a floor area of 1,167 sq. ft. going up to 1,558 sq. ft. having up to two en-suite bathrooms. The apartments have a large living area with a wonderful layout, well-maintained kitchen and built-in wardrobes. You can also find a laundry room and a powder room in these units.
3-Bedroom Apartments in Yacht Bay Tower
Units with 3-bedrooms are quite spacious with a starting area of 1,502 sq. ft. to 2,555 sq. ft. having two en-suite bathrooms. These units also come with a maid’s room, two powder rooms, a kitchen, a living room and a balcony.
Most Popular Apartment Types in Yacht Bay Tower
Studio apartments in Yacht Bay Tower are the most popular bed-type, according to the view percentages on Bayut.com. 1, 2 and 3-bedroom units in this tower secured third, second and fourth ranks in the popularity chart.
Rental Trends in Yacht Bay Tower
According to Bayut.com, apartments for rent in Yacht Bay have prices ranging from AED 40k to AED 150k. Details include:
- Studio rental apartments in Yacht Bay cost around AED 40k to AED 46k
- 1-bedroom rental apartments in Yacht Bay cost around AED 55k to AED 70k
- 2-bedroom rental apartments in Yacht Bay cost around AED 65k to AED 92k
- 3-bedroom rental apartments in Yacht Bay cost around AED 120k to AED 150k
These units offer a luxurious living experience through a wide variety of amenities. You may also check out Dubai Marina apartments for rent for more options.
Sales Trends in Yacht Bay Tower
According to Bayut.com, apartments for sale in Yacht Bay Tower have prices ranging from AED 570k to AED 2M. Details include:
- Studio apartments for sale in Yacht Bay Tower cost around AED 570k to AED 590k
- 1-bedroom apartments for sale in Yacht Bay Tower cost around AED 700k to AED 950k
- 2-bedroom apartments for sale in Yacht Bay Tower cost around AED 800k to AED 1.3M
- 3-bedroom apartments for sale in Yacht Bay Tower cost around AED 1.1M to AED 2M
Among investment opportunities, these apartments are quite popular among Dubai Marina apartments for sale.
Rental Yield in Yacht Bay Tower
The lowest return on investment (ROI) in Yacht Bay Tower is a 3-bedroom apartment, which offers the rate of 6.2%. The ROI is highest for a studio unit, i.e., 7.6% while it decreases to 7.4% and 7% for a 2-bedroom and 1-bedroom apartment in Yacht Bay.
Service Charges in Yacht Bay Tower
GENERAL FUND | PRICE PER SQ. FT. IN AED |
|---|---|
GENERAL FUND Services  General upkeep of the building | PRICE PER SQ. FT. IN AED 3.09 |
GENERAL FUND Maintenance General repairs and replacements | PRICE PER SQ. FT. IN AED 4.96 |
GENERAL FUND Utilities Services Charges for using DEWA/district cooling facilities and meters | PRICE PER SQ. FT. IN AED 2.83 |
GENERAL FUND Management Services Owner’s association charges for managing the property | PRICE PER SQ. FT. IN AED 2.15 |
GENERAL FUND Insurance Charge for the insurance of the building | PRICE PER SQ. FT. IN AED 0.40 |
GENERAL FUND Master Community Fees for communal facilities in the neighbourhood | PRICE PER SQ. FT. IN AED 0.72 |
GENERAL FUND Reserved Fund Funds used for major repairs and to help maintain the yearly service charges fees | PRICE PER SQ. FT. IN AED 1.53 |
GENERAL FUND Adjustment The difference between the estimated amount charged the previous year vs the actual amount spent | PRICE PER SQ. FT. IN AED -1.16 |
GENERAL FUND Total | PRICE PER SQ. FT. IN AED 14.52 |
ADDITIONAL SERVICES | PRICE PER SQ. FT. IN AED |
|---|---|
ADDITIONAL SERVICES Additional Services | PRICE PER SQ. FT. IN AED 4.24 |
These figures are based on the services charges for Yacht Bay Tower* as per the Dubai Land Department.
There are many different types of Dubai service charges, read up on the service charges guide if you are interested in buying a property in Dubai.
*These charges are subject to change.
NEARBY AMENITIES
Transportation near Yacht Bay Tower
Transportation near Yacht Bay Tower include:
Bus Stops near Yacht Bay Tower
- Jumeirah Beach Residence Station 2 Bus Stop (5 minutes away)
- Marsa Dubai Bus Stop (4 minutes away)
- Jumeirah Beach Residence Station 1 Bus Stop (7 minutes away)
Metro Stations near Yacht Bay Tower
- DMCC Metro Station (3 minutes away)
- DAMAC Properties Metro Station (4 minutes away)
- Nakheel Metro Station (7 minutes away)
Tram Stations near Yacht Bay Tower
- JBR 2 Tram Station (5 minutes away)
- JBR 1 Tram Station (5 minutes away)
- Dubai Marina Mall Tram Station (4 minutes away)
Cabs are also available in this area.
Restaurants near Yacht Bay Tower
Popular restaurants near Yacht Bay Tower include:
- The Cheesecake Factory
- P. F Chang’s
- Carfoosh Restaurant
- Toro Toro
The Cheesecake Factory is an American restaurant chain, which is popular for its freshly baked items. It is located just 7 minutes away from Yacht Bay Tower. P.F Chang’s is another casual dining eatery, which serves Chinese cuisine to its customers. The restaurant is popular for its authentic Chinese taste. Its most popular dish is its Dynamite Shrimps. It is located 7 minutes away from Yacht Bay Tower. For barbecue lovers, Carfoosh Restaurant is just 3 minutes away. For Latin American cuisine, you may head to Toro Toro, one of the best restaurants in Dubai Marina. It is 9 minutes away from the tower.
Supermarkets near Yacht Bay Tower
Supermarkets near Yacht Bay Tower include:
- ZOOM (6 minutes away)
- Al Maya Supermarket (2 minutes away)
- W Mart Supermarket (1 minute away)
W Mart Supermarket, Al Maya Supermarket and ZOOM are all located within just a 5-minute drive from Yacht Bay Tower. You can also go to Carrefour Market where all your shopping needs will be dealt with under one roof.
Nearby Buildings
Buildings near Yacht Bay Tower include:
- Princess Tower (8 minutes away)
- The Jewels (4 minutes away)
- Emirates Crown (9 minutes away)
Princess Tower is one of the tallest and most popular residential buildings in Dubai Marina. Developed by Tameer Holdings, this building consists of 101 storeys above the ground level. The tower features 763 residential units, consisting of 1, 2 and 3-bedroom apartments and penthouses. Residents can avail a wide variety of facilities including 13 elevators, six basement levels for parking and eight retail shops.
The Jewels is a residential complex consisting of two high-rise towers. It features six elevators and about 120 residential units in total. Developed by Cayan Property Developers and Palma Holding, the project was completed in 2007.
Just 9 minutes away from Yacht Bay Tower, Emirates Crown is located. It is a 971 ft. tall residential tower, featuring 63 floors in total. Emirates Crown has been recognized as the sixth tallest building in Dubai.
Major Landmark
Dubai Marina has various attractions and landmarks within the area. Residents of Yacht Bay can take benefit of multiple attractions located nearby, including:
- Dubai Marina Mall (6 minutes away)
- The Walk JBR (5 minutes away)
- JBR Beach (3 minutes away)
If you are looking for a luxurious shopping experience, you may head to Dubai Marina Mall, located just 6 minutes away from Yacht Bay Tower. The mall not only hosts some of the most popular brands in the world but also features fun activities, including a cinema and Xline rides. The Walk, JBR, offers a unique shopping experience where visitors can enjoy the cool sea breeze while shopping from their favourite outlets. The destination also hosts multiple eateries. For entertainment, you may head to JBR Beach, located just 3 minutes away.
THINGS TO CONSIDER
Undoubtedly, Yacht Bay Tower offers a luxurious lifestyle to its residents. Apart from a wide variety of amenities in the tower, residents can benefit from its closeness to popular restaurants, supermarkets and entertainment places. However, a few things must be kept in mind while planning to reside in this tower. People who use personal cars for transportation will face traffic issues, as the area tends to get busy during the weekends. Therefore, it is better to use public transport as a mode of commute or use traffic applications to find alternative routes.