1-bed · 705 sqftBay Central - Central Tower, Dubai Marina · 15th floor · completed 2012

1502, Bay Central - Central Tower

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

Unit 1502 · DLD and Ejari recordsUpdated 18 September 2024
Last soldAED 1.18M11 February 2013
Current rentAED 85K /yr18 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1502, Bay Central - Central Tower

What is 1502 worth today?

Last sold for AED 1,182,585 in 2013

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18 Sep 2024RentedNew contract
AED 85,000/yr12 months · AED 121 per sqft
18 Sep 2024RentedNew contract
AED 85,000/yr12 months · AED 121 per sqft
10 May 2024RentedNew contract
AED 50,000/yr12 months · AED 71 per sqft
10 May 2024RentedNew contract
AED 50,000/yr12 months · AED 71 per sqft
23 Dec 2018RentedNew contract
AED 68,000/yr12 months · AED 97 per sqft
11 Feb 2013SoldReady
AED 1,182,585AED 1,678 per sqft
6 May 2009Sold by developerOff-plan
AED 1,182,585AED 1,678 per sqft

Source: Dubai Land Department. Updated 18 September 2024.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
15th of 47
Parking
B4-60
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.18M · February 2013

About 1502, Bay Central - Central Tower

1502 is a one-bedroom apartment of 705 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 11 February 2013 for AED 1,182,585, or AED 1,678 per sqft, 29% above the AED 1,305 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 18 September 2024, is AED 85,000 a year: a gross yield of 7.2% on the 2013 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1502 over time

Sales
Unit 1502, 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 1,182,585 (AED 1,678 per sqft)Sold, February 2013: AED 1,182,585 (AED 1,678 per sqft)

1502 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1502, 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, December 2018: AED 68,000 a yearNew contract, May 2024: AED 50,000 a yearNew contract, May 2024: AED 50,000 a yearNew contract, September 2024: AED 85,000 a yearNew contract, September 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 1502 sits

All 302 1-beds →

1502 last sold in February 2013 at AED 1,678 per sqft, 29% above what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,305). 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. 1502'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
15011-bedAED 1.48M · Sep 2014
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

1502, Bay Central - Central Tower in numbers

  • Sold twice: first on 6 May 2009 for AED 1,182,585, last on 11 February 2013 for AED 1,182,585 (AED 1,678 per sqft).
  • Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 68,000 to AED 50,000 in 2024 and recovered to AED 85,000 by September 2024.
  • At AED 85,000 a year the gross yield on the 2013 price is 7.2%, 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 18 September 2024.

Questions about 1502, Bay Central - Central Tower

What did unit 1502 last sell for?

AED 1,182,585 on 11 February 2013: AED 1,678 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 1,182,585 in May 2009.

What is the rent for unit 1502?

AED 85,000 a year on the contract signed on 18 September 2024. The previous contract, from September 2024, was AED 85,000; the unit has been rented since December 2018.

How big is unit 1502?

705 sqft (65.5 sqm): a one-bedroom apartment on the 15th floor of a 47-storey tower completed in 2012.

What is unit 1502 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 1502, Bay Central - Central Tower

Starts from the last sale price (AED 1.18M, 11 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,182,585
Deposit, UAE resident (20%)
AED 236,517
Deposit, non-resident (40%)
AED 473,034
Monthly over 25 years at 3.7%
AED 4,838

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