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1-bed · 650 sqftBay Central - Central Tower, Dubai Marina · 15th floor · completed 2012

1501, Bay Central - Central Tower

Sold prices and rental history: sold 3 times, last in September 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 22 September 2014
Last soldAED 1.48M22 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1501, Bay Central - Central Tower

What is 1501 worth today?

Last sold for AED 1,480,000 in 2014

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22 Sep 2014SoldReady
AED 1,480,000AED 2,275 per sqft
1 Oct 2013SoldReady
AED 954,665AED 1,467 per sqft
6 May 2009Sold by developerOff-plan
AED 1,398,354AED 2,150 per sqft

Source: Dubai Land Department. Updated 22 September 2014.

Key facts

Type
1-bed apartment
Size
650 sqft
Floor
15th of 47
Parking
B4-59
Developer
Bay Central Developments
Completed
2012
Service charge
AED 14,100 /yr
Last sold
AED 1.48M · September 2014
Building
Bay Central - Central Tower

About 1501, Bay Central - Central Tower

1501 is a one-bedroom apartment of 650 sqft on the 15th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 22 September 2014 for AED 1,480,000, or AED 2,275 per sqft, 40% above the AED 1,620 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1501 over time

Sales
Unit 1501, 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 1,398,354 (AED 2,150 per sqft)Sold, October 2013: AED 954,665 (AED 1,467 per sqft)Sold, September 2014: AED 1,480,000 (AED 2,275 per sqft)

1501 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1501, 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 85,900

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 1501 sits

All 302 1-beds →

1501 last sold in September 2014 at AED 2,275 per sqft, 40% above what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,620). 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.

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 →

Other units on the 15th floor

All 380 units in Bay Central - Central Tower
Value
15021-bedAED 1.18M · Feb 2013
15031-bedAED 1.28M · Apr 2016
15041-bedAED 1.13M · Mar 2018
15051-bedAED 1.07M · Aug 2013
15061-bedAED 1.64M · Jun 2025
15071-bedAED 1.48M · Mar 2014
15081-bedAED 1.06M · Nov 2012
1–7 of 9

1501, Bay Central - Central Tower in numbers

  • Sold 3 times: first on 6 May 2009 for AED 1,398,354, last on 22 September 2014 for AED 1,480,000 (AED 2,275 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 22 September 2014.

Questions about 1501, Bay Central - Central Tower

What did unit 1501 last sell for?

AED 1,480,000 on 22 September 2014: AED 2,275 per sqft for 650 sqft. The unit has 3 registered sales; the first was AED 1,398,354 in May 2009.

How big is unit 1501?

650 sqft (60.4 sqm): a one-bedroom apartment on the 15th floor of a 47-storey tower completed in 2012.

What is unit 1501 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 1501, Bay Central - Central Tower

Starts from the last sale price (AED 1.48M, 22 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,480,000
Deposit, UAE resident (20%)
AED 296,000
Deposit, non-resident (40%)
AED 592,000
Monthly over 25 years at 3.7%
AED 6,055

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