1-bed · 650 sqftBay Central - Central Tower, Dubai Marina · 12th floor · completed 2012

1206, Bay Central - Central Tower

Sold prices and rental history: sold twice, last in September 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 8 October 2024
Last soldAED 938K26 September 2013
Current rentAED 85K /yr8 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Bay Central - Central Tower

What is 1206 worth today?

Last sold for AED 938,465 in 2013

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8 Oct 2024RentedNew contract
AED 85,000/yr12 months · AED 131 per sqft
8 Oct 2024RentedNew contract
AED 85,000/yr12 months · AED 131 per sqft
1 Oct 2023RentedRenewal
AED 70,000/yr12 months · AED 108 per sqft
1 Oct 2022RentedRenewal
AED 66,500/yr12 months · AED 102 per sqft
1 Oct 2021RentedRenewal
AED 60,500/yr12 months · AED 93 per sqft
1 Oct 2020RentedNew contract
AED 55,000/yr12 months · AED 85 per sqft
27 Sep 2019RentedRenewal
AED 80,000/yr12 months · AED 123 per sqft
27 Sep 2018RentedNew contract
AED 80,000/yr12 months · AED 123 per sqft

Source: Dubai Land Department. Updated 8 October 2024.

Key facts

Type
1-bed apartment
Size
650 sqft
Floor
12th of 47
Parking
B4-44
Developer
Bay Central Developments
Completed
2012
Service charge
AED 14,100 /yr
Last sold
AED 938K · September 2013

About 1206, Bay Central - Central Tower

1206 is a one-bedroom apartment of 650 sqft on the 12th 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 September 2013 for AED 938,465, or AED 1,442 per sqft, 5% below the AED 1,510 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 8 October 2024, is AED 85,000 a year: a gross yield of 9.1% on the 2013 price, before the service charge of about AED 14,100 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, 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, October 2009: AED 938,465 (AED 1,442 per sqft)Sold, September 2013: AED 938,465 (AED 1,442 per sqft)

1206 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1206, 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, June 2014: AED 90,000 a yearNew contract, July 2016: AED 95,000 a yearNew contract, September 2018: AED 80,000 a yearRenewal, September 2019: AED 80,000 a yearNew contract, October 2020: AED 55,000 a yearRenewal, October 2021: AED 60,500 a yearRenewal, October 2022: AED 66,500 a yearRenewal, October 2023: AED 70,000 a yearNew contract, October 2024: AED 85,000 a yearNew contract, October 2024: AED 85,000 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 1206 sits

All 302 1-beds →

1206 last sold in September 2013 at AED 1,442 per sqft, 5% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,510). 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. 1206's AED 85,000 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
12011-bedAED 1.05M · Jun 2021
12021-bedAED 1.2M · Oct 2013
12031-bedAED 1.52M · Apr 2026
12041-bedAED 1.2M · Apr 2018
12051-bedAED 1.37M · Nov 2016
12071-bedAED 1.45M · Oct 2013
12081-bedAED 1.5M · Jun 2013
1–7 of 9

1206, Bay Central - Central Tower in numbers

  • Sold twice: first on 7 October 2009 for AED 938,465, last on 26 September 2013 for AED 938,465 (AED 1,442 per sqft).
  • Rented since June 2014 on 10 Ejari contracts. The rent fell from AED 90,000 to AED 55,000 in 2020 and recovered to AED 85,000 by October 2024.
  • At AED 85,000 a year the gross yield on the 2013 price is 9.1%, before a service charge of about AED 14,100 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 8 October 2024.

Questions about 1206, Bay Central - Central Tower

What did unit 1206 last sell for?

AED 938,465 on 26 September 2013: AED 1,442 per sqft for 650 sqft. The unit has 2 registered sales; the first was AED 938,465 in October 2009.

What is the rent for unit 1206?

AED 85,000 a year on the contract signed on 8 October 2024. The previous contract, from October 2024, was AED 85,000; the unit has been rented since June 2014.

How big is unit 1206?

650 sqft (60.4 sqm): a one-bedroom apartment on the 12th floor of a 47-storey tower completed in 2012.

What is unit 1206 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 1206, Bay Central - Central Tower

Starts from the last sale price (AED 938K, 26 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 938,465
Deposit, UAE resident (20%)
AED 187,693
Deposit, non-resident (40%)
AED 375,386
Monthly over 25 years at 3.7%
AED 3,840

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