1-bed · 708 sqftBay Central - Central Tower, Dubai Marina · 10th floor · completed 2012

1009, Bay Central - Central Tower

Sold prices and rental history: sold 3 times, last in November 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 31 January 2024
Last soldAED 1.41M12 November 2015
Current rentAED 94K /yr31 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, Bay Central - Central Tower

What is 1009 worth today?

Last sold for AED 1,410,000 in 2015

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31 Jan 2024RentedRenewal
AED 93,500/yr12 months · AED 132 per sqft
31 Jan 2023RentedRenewal
AED 85,000/yr12 months · AED 120 per sqft
31 Jan 2022RentedRenewal
AED 74,000/yr12 months · AED 104 per sqft
31 Jan 2021RentedRenewal
AED 56,000/yr12 months · AED 79 per sqft
31 Jan 2020RentedNew contract
AED 76,000/yr12 months · AED 107 per sqft
13 Jan 2019RentedRenewal
AED 92,000/yr12 months · AED 130 per sqft
13 Jan 2018RentedNew contract
AED 92,000/yr12 months · AED 130 per sqft
12 Nov 2015SoldReady
AED 1,410,000AED 1,991 per sqft

Source: Dubai Land Department. Updated 31 January 2024.

Key facts

Type
1-bed apartment
Size
708 sqft
Floor
10th of 47
Parking
B4-27
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.41M · November 2015

About 1009, Bay Central - Central Tower

1009 is a one-bedroom apartment of 708 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 12 November 2015 for AED 1,410,000, or AED 1,991 per sqft, 6% below the AED 2,118 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 31 January 2024, is AED 93,500 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1009 over time

Sales
Unit 1009, 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, April 2009: AED 1,146,965 (AED 1,619 per sqft)Sold, March 2013: AED 1,146,965 (AED 1,619 per sqft)Sold, November 2015: AED 1,410,000 (AED 1,991 per sqft)

1009 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1009, 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, May 2013: AED 75,000 a yearNew contract, September 2014: AED 90,000 a yearNew contract, January 2018: AED 92,000 a yearRenewal, January 2019: AED 92,000 a yearNew contract, January 2020: AED 76,000 a yearRenewal, January 2021: AED 56,000 a yearRenewal, January 2022: AED 74,000 a yearRenewal, January 2023: AED 85,000 a yearRenewal, January 2024: AED 93,500 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 1009 sits

All 302 1-beds →

1009 last sold in November 2015 at AED 1,991 per sqft, 6% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 2,118). 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. 1009's AED 93,500 is in the upper 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
10031-bedAED 1.18M · Jan 2016
10041-bedAED 1.3M · Nov 2022
10051-bedAED 875K · Nov 2013
10061-bedAED 1.4M · May 2009
10071-bedAED 1.69M · Apr 2009
1–7 of 9

1009, Bay Central - Central Tower in numbers

  • Sold 3 times: first on 26 April 2009 for AED 1,146,965, last on 12 November 2015 for AED 1,410,000 (AED 1,991 per sqft).
  • Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 75,000 to AED 56,000 in 2021 and recovered to AED 93,500 by January 2024.
  • At AED 93,500 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 15,300 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 31 January 2024.

Questions about 1009, Bay Central - Central Tower

What did unit 1009 last sell for?

AED 1,410,000 on 12 November 2015: AED 1,991 per sqft for 708 sqft. The unit has 3 registered sales; the first was AED 1,146,965 in April 2009.

What is the rent for unit 1009?

AED 93,500 a year on the contract renewed on 31 January 2024. The previous contract, from January 2023, was AED 85,000; the unit has been rented since May 2013.

How big is unit 1009?

708 sqft (65.8 sqm): a one-bedroom apartment on the 10th floor of a 47-storey tower completed in 2012.

What is unit 1009 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 1009, Bay Central - Central Tower

Starts from the last sale price (AED 1.41M, 12 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,410,000
Deposit, UAE resident (20%)
AED 282,000
Deposit, non-resident (40%)
AED 564,000
Monthly over 25 years at 3.7%
AED 5,769

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