1508, Bay Central - Central Tower
Sold prices and rental history: sold 3 times, last in November 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1508, Bay Central - Central Tower
What is 1508 worth today?
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Source: Dubai Land Department. Updated 15 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 857 sqft
- Floor
- 15th of 47
- Parking
- B4-67
- Developer
- Bay Central Developments
- Completed
- 2012
- Service charge
- AED 18,500 /yr
- Last sold
- AED 1.06M · November 2012
- Building
- Bay Central - Central Tower
About 1508, Bay Central - Central Tower
1508 is a one-bedroom apartment of 857 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 November 2012 for AED 1,059,000, or AED 1,236 per sqft, in line with the AED 1,238 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, signed on 15 May 2024, is AED 105,000 a year: a gross yield of 9.9% on the 2012 price, before the service charge of about AED 18,500 a year.
Sales and rents for 1508 over time
1508 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 1508 sits
All 302 1-beds →1508 last sold in November 2012 at AED 1,236 per sqft, in line with what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,238). 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. 1508's AED 105,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Oct 20266 October 2026 | 857 sqft | 1,880,000 | 2,194 | ||
| 24 Sep 202624 September 2026 | 651 sqft | 1,611,000 | 2,474 | ||
| 30 Jul 202630 July 2026 | 651 sqft | 3,800 | 5 | ||
| 17 Apr 202617 April 2026 | 650 sqft | 1,600,000 | 2,460 |
Bay Central - Central Tower
Building380 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%
Other units on the 15th floor
All 380 units in Bay Central - Central Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 1-bed | 650 sqft | AED 1.48MAED 1,480,000 · Sep 2014September 2014 | ||
| 1502 | 1-bed | 705 sqft | AED 1.18MAED 1,182,585 · Feb 2013February 2013 | 85,000 /yr | |
| 1503 | 1-bed | 857 sqft | AED 1.28MAED 1,280,000 · Apr 2016April 2016 | 100,000 /yr | |
| 1504 | 1-bed | 708 sqft | AED 1.13MAED 1,125,000 · Mar 2018March 2018 | 85,000 /yr | |
| 1505 | 1-bed | 651 sqft | AED 1.07MAED 1,074,150 · Aug 2013August 2013 | 80,000 /yr | |
| 1506 | 1-bed | 650 sqft | AED 1.64MAED 1,640,000 · Jun 2025June 2025 | 84,000 /yr | |
| 1507 | 1-bed | 705 sqft | AED 1.48MAED 1,482,161 · Mar 2014March 2014 | 82,770 /yr | |
| 1509 | 1-bed | 708 sqft | AED 1.73MAED 1,732,933 · May 2009May 2009 | 70,000 /yr | |
| 1510 | 1-bed | 651 sqft | AED 1.19MAED 1,187,257 · Oct 2013October 2013 |
1508, Bay Central - Central Tower in numbers
- Sold 3 times: first on 25 March 2009 for AED 1,285,748, last on 22 November 2012 for AED 1,059,000 (AED 1,236 per sqft).
- Rented since November 2013 on 13 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2021 and recovered to AED 105,000 by May 2024.
- At AED 105,000 a year the gross yield on the 2012 price is 9.9%, 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 May 2024.
Questions about 1508, Bay Central - Central Tower
What did unit 1508 last sell for?
AED 1,059,000 on 22 November 2012: AED 1,236 per sqft for 857 sqft. The unit has 3 registered sales; the first was AED 1,285,748 in March 2009.
What is the rent for unit 1508?
AED 105,000 a year on the contract signed on 15 May 2024. The previous contract, from May 2024, was AED 105,000; the unit has been rented since November 2013.
How big is unit 1508?
857 sqft (79.6 sqm): a one-bedroom apartment on the 15th floor of a 47-storey tower completed in 2012.
What is unit 1508 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 1508, Bay Central - Central Tower
Starts from the last sale price (AED 1.06M, 22 November 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,059,000
- Deposit, UAE resident (20%)
- AED 211,800
- Deposit, non-resident (40%)
- AED 423,600
- Monthly over 25 years at 3.7%
- AED 4,333
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →