1-bed · 857 sqftBay Central - Central Tower, Dubai Marina · 16th floor · completed 2012

1608, Bay Central - Central Tower

Sold prices and rental history: sold 5 times, last in March 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1608 · DLD and Ejari recordsUpdated 8 March 2023
Last soldAED 1.6M8 March 2023
Current rentAED 69K /yr15 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1608, Bay Central - Central Tower

What is 1608 worth today?

Last sold for AED 1,600,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

8 Mar 2023SoldReady
AED 1,600,000AED 1,867 per sqft
23 Feb 2022SoldReady
AED 1,250,000AED 1,459 per sqft
15 Dec 2021RentedNew contract
AED 69,000/yr12 months · AED 80 per sqft
15 Dec 2020RentedNew contract
AED 64,000/yr12 months · AED 74 per sqft
3 Dec 2019RentedRenewal
AED 80,000/yr12 months · AED 93 per sqft
3 Dec 2018RentedRenewal
AED 95,000/yr12 months · AED 110 per sqft
3 Dec 2017RentedNew contract
AED 110,000/yr12 months · AED 128 per sqft
10 Nov 2013SoldReady
AED 951,749AED 1,110 per sqft

Source: Dubai Land Department. Updated 8 March 2023.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
16th of 47
Parking
B4-87
Developer
Bay Central Developments
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 1.6M · March 2023

About 1608, Bay Central - Central Tower

1608 is a one-bedroom apartment of 857 sqft on the 16th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 8 March 2023 for AED 1,600,000, or AED 1,867 per sqft, in line with the AED 1,856 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 15 December 2021, is AED 69,000 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 18,500 a year.

Sales and rents for 1608 over time

Sales
Unit 1608, 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 1,504,075 (AED 1,755 per sqft)Sold, August 2012: AED 951,749 (AED 1,110 per sqft)Sold, November 2013: AED 951,749 (AED 1,110 per sqft)Sold, February 2022: AED 1,250,000 (AED 1,459 per sqft)Sold, March 2023: AED 1,600,000 (AED 1,867 per sqft)

1608 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1608, each contractTypical one-bed in Bay Central - Central Tower
75K100K2012201620202024Typical 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 2017: AED 110,000 a yearRenewal, December 2018: AED 95,000 a yearRenewal, December 2019: AED 80,000 a yearNew contract, December 2020: AED 64,000 a yearNew contract, December 2021: AED 69,000 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 1608 sits

All 302 1-beds →

1608 last sold in March 2023 at AED 1,867 per sqft, in line with what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,856). 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. 1608's AED 69,000 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
16011-bedAED 957K · Oct 2013
16021-bedAED 1.18M · Feb 2013
16031-bedAED 1M · Jun 2024
16041-bedAED 1.58M · Jun 2025
16051-bedAED 1.07M · Sep 2013
16061-bedAED 1.04M · Jan 2013
16071-bedAED 1.5M · Jan 2025
1–7 of 9

1608, Bay Central - Central Tower in numbers

  • Sold 5 times: first on 12 May 2009 for AED 1,504,075, last on 8 March 2023 for AED 1,600,000 (AED 1,867 per sqft).
  • Rented since December 2017 on 5 Ejari contracts, from AED 110,000 to AED 69,000 a year.
  • At AED 69,000 a year the gross yield on the 2023 price is 4.3%, 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 8 March 2023.

Questions about 1608, Bay Central - Central Tower

What did unit 1608 last sell for?

AED 1,600,000 on 8 March 2023: AED 1,867 per sqft for 857 sqft. The unit has 5 registered sales; the first was AED 1,504,075 in May 2009.

What is the rent for unit 1608?

AED 69,000 a year on the contract signed on 15 December 2021. The previous contract, from December 2020, was AED 64,000; the unit has been rented since December 2017.

How big is unit 1608?

857 sqft (79.6 sqm): a one-bedroom apartment on the 16th floor of a 47-storey tower completed in 2012.

What is unit 1608 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.

Selling 1608? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1608, Bay Central - Central Tower

Starts from the last sale price (AED 1.6M, 8 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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