1-bed · 857 sqftBay Central - Central Tower, Dubai Marina · 14th floor · completed 2012

1403, Bay Central - Central Tower

Sold prices and rental history: sold twice, last in October 2013, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1403 · DLD and Ejari recordsUpdated 15 October 2020
Last soldAED 905K1 October 2013
Current rentAED 50K /yr15 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Bay Central - Central Tower

What is 1403 worth today?

Last sold for AED 905,184 in 2013

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15 Oct 2020RentedRenewal
AED 50,000/yr12 months · AED 58 per sqft
15 Oct 2019RentedNew contract
AED 66,000/yr12 months · AED 77 per sqft
22 Feb 2018RentedNew contract
AED 80,000/yr12 months · AED 93 per sqft
1 Oct 2013SoldReady
AED 905,184AED 1,056 per sqft
8 Aug 2012Sold by developerOff-plan
AED 905,184AED 1,056 per sqft

Source: Dubai Land Department. Updated 15 October 2020.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
14th of 47
Parking
B4-51
Developer
Bay Central Developments
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 905K · October 2013

About 1403, Bay Central - Central Tower

1403 is a one-bedroom apartment of 857 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 1 October 2013 for AED 905,184, or AED 1,056 per sqft, 30% below the AED 1,512 one-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 15 October 2020, is AED 50,000 a year: a gross yield of 5.5% on the 2013 price, before the service charge of about AED 18,500 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, 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, August 2012: AED 905,184 (AED 1,056 per sqft)Sold, October 2013: AED 905,184 (AED 1,056 per sqft)

1403 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, each contractTypical one-bed in Bay Central - Central Tower
50K75K100K2012201620202024Typical 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, February 2018: AED 80,000 a yearNew contract, October 2019: AED 66,000 a yearRenewal, October 2020: AED 50,000 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 1403 sits

All 302 1-beds →

1403 last sold in October 2013 at AED 1,056 per sqft, 30% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,512). 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. 1403's AED 50,000 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
14021-bedAED 1.2M · Oct 2018
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

1403, Bay Central - Central Tower in numbers

  • Sold twice: first on 8 August 2012 for AED 905,184, last on 1 October 2013 for AED 905,184 (AED 1,056 per sqft).
  • Rented since February 2018 on 3 Ejari contracts, from AED 80,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2013 price is 5.5%, 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 15 October 2020.

Questions about 1403, Bay Central - Central Tower

What did unit 1403 last sell for?

AED 905,184 on 1 October 2013: AED 1,056 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 905,184 in August 2012.

What is the rent for unit 1403?

AED 50,000 a year on the contract renewed on 15 October 2020. The previous contract, from October 2019, was AED 66,000; the unit has been rented since February 2018.

How big is unit 1403?

857 sqft (79.6 sqm): a one-bedroom apartment on the 14th floor of a 47-storey tower completed in 2012.

What is unit 1403 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 1403, Bay Central - Central Tower

Starts from the last sale price (AED 905K, 1 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 905,184
Deposit, UAE resident (20%)
AED 181,037
Deposit, non-resident (40%)
AED 362,074
Monthly over 25 years at 3.7%
AED 3,703

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