1-bed · 857 sqftBay Central - Central Tower, Dubai Marina · 10th floor · completed 2012

1003, Bay Central - Central Tower

Sold prices and rental history: sold 4 times, last in January 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 18 February 2019
Last soldAED 1.18M26 January 2016
Current rentAED 87K /yr18 February 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Bay Central - Central Tower

What is 1003 worth today?

Last sold for AED 1,180,000 in 2016

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18 Feb 2019RentedRenewal
AED 87,000/yr12 months · AED 101 per sqft
18 Feb 2018RentedRenewal
AED 90,000/yr12 months · AED 105 per sqft
18 Feb 2017RentedNew contract
AED 100,000/yr12 months · AED 116 per sqft
26 Jan 2016SoldReady
AED 1,180,000AED 1,377 per sqft
3 Oct 2013SoldReady
AED 1,464,854AED 1,709 per sqft
1 Aug 2013RentedNew contract
AED 70,000/yr12 months · AED 81 per sqft
8 Aug 2011SoldOff-plan
AED 1,464,854AED 1,709 per sqft
28 May 2009Sold by developerOff-plan
AED 1,464,854AED 1,709 per sqft

Source: Dubai Land Department. Updated 18 February 2019.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
10th of 47
Parking
B5-168
Developer
Bay Central Developments
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 1.18M · January 2016

About 1003, Bay Central - Central Tower

1003 is a one-bedroom apartment of 857 sqft on the 10th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 26 January 2016 for AED 1,180,000, or AED 1,377 per sqft, 32% below the AED 2,032 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 18 February 2019, is AED 87,000 a year: a gross yield of 7.4% on the 2016 price, before the service charge of about AED 18,500 a year.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in Bay Central - Central Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,324,054; 2010 AED 1,100,376; 2011 AED 956,136; 2012 AED 910,800; 2013 AED 1,074,997; 2014 AED 1,490,963; 2015 AED 1,415,554; 2016 AED 1,300,000; 2017 AED 1,370,000; 2018 AED 1,212,000; 2019 AED 1,022,500; 2020 AED 830,000; 2021 AED 950,000; 2022 AED 1,260,000; 2023 AED 1,462,500; 2024 AED 1,585,000; 2025 AED 1,700,000; 2026 AED 1,697,500Sold by developer, May 2009: AED 1,464,854 (AED 1,709 per sqft)Sold, August 2011: AED 1,464,854 (AED 1,709 per sqft)Sold, October 2013: AED 1,464,854 (AED 1,709 per sqft)Sold, January 2016: AED 1,180,000 (AED 1,377 per sqft)

1003 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Bay Central - Central Tower
60K80K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 90,555; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 95,000; 2018 AED 88,000; 2019 AED 78,825; 2020 AED 65,000; 2021 AED 63,000; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 90,650; 2026 AED 85,900New contract, August 2013: AED 70,000 a yearNew contract, February 2017: AED 100,000 a yearRenewal, February 2018: AED 90,000 a yearRenewal, February 2019: AED 87,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Bay Central - Central Tower, and where 1003 sits

All 302 1-beds →

1003 last sold in January 2016 at AED 1,377 per sqft, 32% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 2,032). Over the last 12 months one-beds sold for AED 1,225,000 to 2,130,000, around AED 2,404 per sqft, and rent for AED 28,000 to 150,000 a year. 1003's AED 87,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Oct 20261,880,000
24 Sep 20261,611,000
30 Jul 20263,800
17 Apr 20261,600,000
16 1-bed sales in the last 12 months

Bay Central - Central Tower

Building

380 apartments, 1-bed to 3-bed over 47 floors in Dubai Marina, completed in 2012 by Bay Central Developments. 18 sold in the last 12 months.

Typical price per sqft
AED 2,370 Up 3.3%
Typical sale
AED 1.75M
Typical rent
AED 90K /yr
Typical yield
5.2%
Bay Central - Central Tower, Dubai Marina: prices, sales and rents →
Value
10011-bedAED 1.29M · Jan 2022
10021-bedAED 1.45M · Sep 2023
10041-bedAED 1.3M · Nov 2022
10051-bedAED 875K · Nov 2013
10061-bedAED 1.4M · May 2009
10071-bedAED 1.69M · Apr 2009
10081-bedAED 980K · Sep 2013
1–7 of 9

1003, Bay Central - Central Tower in numbers

  • Sold 4 times: first on 28 May 2009 for AED 1,464,854, last on 26 January 2016 for AED 1,180,000 (AED 1,377 per sqft).
  • Rented since August 2013 on 4 Ejari contracts, from AED 70,000 to AED 87,000 a year.
  • At AED 87,000 a year the gross yield on the 2016 price is 7.4%, before a service charge of about AED 18,500 a year (AED 21.65 per sqft).
  • One-beds in Bay Central - Central Tower sold for AED 1,225,000–2,130,000 in the 12 months to November 2026; the building's median across all types is AED 2,370 per sqft.

Source: Dubai Land Department. Updated 18 February 2019.

Questions about 1003, Bay Central - Central Tower

What did unit 1003 last sell for?

AED 1,180,000 on 26 January 2016: AED 1,377 per sqft for 857 sqft. The unit has 4 registered sales; the first was AED 1,464,854 in May 2009.

What is the rent for unit 1003?

AED 87,000 a year on the contract renewed on 18 February 2019. The previous contract, from February 2018, was AED 90,000; the unit has been rented since August 2013.

How big is unit 1003?

857 sqft (79.6 sqm): a one-bedroom apartment on the 10th floor of a 47-storey tower completed in 2012.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bay Central - Central Tower sold for AED 1,225,000 to 2,130,000 in the last 12 months, around AED 2,404 per sqft.

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Mortgage on 1003, Bay Central - Central Tower

Starts from the last sale price (AED 1.18M, 26 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,000
Deposit, UAE resident (20%)
AED 236,000
Deposit, non-resident (40%)
AED 472,000
Monthly over 25 years at 3.7%
AED 4,828

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →