1-bed · 705 sqftBay Central - Central Tower, Dubai Marina · 14th floor · completed 2012

1402, Bay Central - Central Tower

Sold prices and rental history: sold twice, last in October 2018, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1402 · DLD and Ejari recordsUpdated 2 October 2018
Last soldAED 1.2M2 October 2018
Current rentAED 73K /yr20 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1402, Bay Central - Central Tower

What is 1402 worth today?

Last sold for AED 1,200,000 in 2018

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2 Oct 2018SoldReady
AED 1,200,000AED 1,702 per sqft
20 Sep 2017RentedNew contract
AED 73,000/yr12 months · AED 104 per sqft
21 Nov 2015RentedNew contract
AED 95,000/yr12 months · AED 136 per sqft
30 Oct 2013Sold by developerReady
AED 1,317,031AED 1,868 per sqft

Source: Dubai Land Department. Updated 2 October 2018.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
14th of 47
Parking
B4-50
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.2M · October 2018

About 1402, Bay Central - Central Tower

1402 is a one-bedroom apartment of 705 sqft on the 14th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 2 October 2018 for AED 1,200,000, or AED 1,702 per sqft, 4% below the AED 1,764 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 20 September 2017, is AED 73,000 a year: a gross yield of 6.1% on the 2018 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1402 over time

Sales
Unit 1402, 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 2013: AED 1,317,031 (AED 1,868 per sqft)Sold, October 2018: AED 1,200,000 (AED 1,702 per sqft)

1402 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1402, 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, November 2015: AED 95,000 a yearNew contract, September 2017: AED 73,000 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 1402 sits

All 302 1-beds →

1402 last sold in October 2018 at AED 1,702 per sqft, 4% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,764). 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. 1402's AED 73,000 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
14011-bedAED 1.4M · Nov 2022
14031-bedAED 905K · Oct 2013
14041-bedAED 1.53M · Dec 2024
14051-bedAED 1.07M · Jun 2013
14061-bedAED 1.59M · Jan 2025
14071-bedAED 1.2M · Feb 2016
14081-bedAED 1.7M · Jul 2017
1–7 of 9

1402, Bay Central - Central Tower in numbers

  • Sold twice: first on 30 October 2013 for AED 1,317,031, last on 2 October 2018 for AED 1,200,000 (AED 1,702 per sqft).
  • Rented since November 2015 on 2 Ejari contracts, from AED 95,000 to AED 73,000 a year.
  • At AED 73,000 a year the gross yield on the 2018 price is 6.1%, 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 2 October 2018.

Questions about 1402, Bay Central - Central Tower

What did unit 1402 last sell for?

AED 1,200,000 on 2 October 2018: AED 1,702 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 1,317,031 in October 2013.

What is the rent for unit 1402?

AED 73,000 a year on the contract signed on 20 September 2017. The previous contract, from November 2015, was AED 95,000.

How big is unit 1402?

705 sqft (65.5 sqm): a one-bedroom apartment on the 14th floor of a 47-storey tower completed in 2012.

What is unit 1402 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 1402, Bay Central - Central Tower

Starts from the last sale price (AED 1.2M, 2 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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