PropertyIndex

17 Icon Bay

Completed · Q4 2022|434 units · 1 tower · 1 building

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17 Icon Bay is a completed apartment development by THE LAGOONS PHASE ONE L.L.C in Dubai Creek Harbour, Al Khairan First, comprising 434 registered units. 624 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,172 per sqft. At AED 2,172 per sqft, 17 Icon Bay prices 9% below the Dubai Creek Harbour average of AED 2,399 per sqft on registered sales.

PIX© price · 1.2% YoY
2.52MAED
Typical
2,172AED
PSF
Gross yield
5.0%
PIX© rent ÷ PIX© price
Sale records
624
DLD · all time
Rent contracts
836
Ejari · all time
17 Icon Bay

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
17 – 4,025 sqft
4342.52M2,1721.2%125K5.0%
Residential
1 Bed · Apartment
737 – 1,656 sqft
134
2 Bed · Apartment
1,040 – 1,363 sqft
186
3 Bed · Apartment
1,612 – 2,244 sqft
58
4 Bed · Apartment
3,943 – 4,025 sqft
2
Commercial
Shop
631 – 695 sqft
3
Store
17 – 33 sqft
51
Sales — Project-Wide624 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
4 Aug 20261 BedFloor 107421,670,0002,249+70.3%PremiumStandard Sale
17 Jul 20262 BedFloor 381,0962,680,0002,446+7.2%PremiumStandard Sale
3 Jun 20261 BedThe Bay · Floor G1,3652,050,0001,502+17.1%Entry LevelStandard Sale
Rentals — Project-Wide836 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 404 rentals
Floors 1-22 · 270 rentals
Floors 24-43 · 134 rentals
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
1 Sep 20261 Bed77080,000104Entry Levelrenewal
1 Sep 20261 Bed74395,000128Standardrenewal
1 Sep 20262 Bed1,097130,000119Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Dubai Creek Harbour

The closest-priced registered projects in Dubai Creek Harbour.

Common questions about 17 Icon Bay

Answered from Dubai Land Department registered transactions.

How much does a property in 17 Icon Bay cost?

Property in 17 Icon Bay sells at a current PIX© price of AED 2,172 per sqft, or about AED 2,519,013 for a typical unit, based on 624 sales registered with the Dubai Land Department.

Is 17 Icon Bay completed?

Yes. 17 Icon Bay is recorded as completed in the Dubai Land Department project register (completed q4 2022).

Who is the developer of 17 Icon Bay?

17 Icon Bay is developed by THE LAGOONS PHASE ONE L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in 17 Icon Bay?

17 Icon Bay yields 5.0% gross, calculated from current PIX© rent against current PIX© sale price, across 836 registered Ejari contracts.

How many units are in 17 Icon Bay?

17 Icon Bay holds 434 registered units, per the Dubai Land Department unit register.

Have prices in 17 Icon Bay gone up or down?

Price per sqft has fallen -1.2% over the last 12 months, to AED 2,172, across 624 registered sales.