1-bed · 705 sqftBay Central - Central Tower, Dubai Marina · 17th floor · completed 2012

1702, Bay Central - Central Tower

Sold prices and rental history: sold 3 times, last in June 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 15 June 2022
Last soldAED 1.35M15 June 2022
Current rentAED 55K /yr15 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Bay Central - Central Tower

What is 1702 worth today?

Last sold for AED 1,350,000 in 2022

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15 Jun 2022SoldReady
AED 1,350,000AED 1,915 per sqft
13 Jan 2022SoldReady
AED 1,030,000AED 1,461 per sqft
15 Oct 2020RentedNew contract
AED 55,000/yr12 months · AED 78 per sqft
1 Jul 2018RentedNew contract
AED 80,000/yr12 months · AED 114 per sqft
24 Apr 2017RentedNew contract
AED 95,000/yr12 months · AED 135 per sqft
8 Apr 2016RentedNew contract
AED 91,587/yr12 months · AED 130 per sqft
8 Apr 2015RentedNew contract
AED 89,250/yr12 months · AED 128 per sqft
1 Oct 2013RentedNew contract
AED 80,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 15 June 2022.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
17th of 47
Parking
B4-91
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.35M · June 2022

About 1702, Bay Central - Central Tower

1702 is a one-bedroom apartment of 705 sqft on the 17th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 15 June 2022 for AED 1,350,000, or AED 1,915 per sqft, 31% above the AED 1,460 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 15 October 2020, is AED 55,000 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 15,300 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical one-bed in Bay Central - Central Tower
1M2M2009201420192024Typical 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, April 2009: AED 2,044,718 (AED 2,901 per sqft)Sold, January 2022: AED 1,030,000 (AED 1,461 per sqft)Sold, June 2022: AED 1,350,000 (AED 1,915 per sqft)

1702 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1702, 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 85,900New contract, October 2013: AED 80,000 a yearNew contract, April 2015: AED 89,250 a yearNew contract, April 2016: AED 91,587 a yearNew contract, April 2017: AED 95,000 a yearNew contract, July 2018: AED 80,000 a yearNew contract, October 2020: AED 55,000 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 1702 sits

All 302 1-beds →

1702 last sold in June 2022 at AED 1,915 per sqft, 31% above what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,460). 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. 1702's AED 55,000 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
17011-bedAED 1.59M · Nov 2022
17031-bedAED 850K · Feb 2020
17041-bedAED 1.1M · Mar 2018
17051-bedAED 854K · Oct 2013
17061-bedAED 870K · Jun 2021
17071-bedAED 1.66M · Jun 2025
17081-bedAED 1.8M · Oct 2025
1–7 of 9

1702, Bay Central - Central Tower in numbers

  • Sold 3 times: first on 27 April 2009 for AED 2,044,718, last on 15 June 2022 for AED 1,350,000 (AED 1,915 per sqft).
  • Rented since October 2013 on 6 Ejari contracts, from AED 80,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 4.1%, 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 15 June 2022.

Questions about 1702, Bay Central - Central Tower

What did unit 1702 last sell for?

AED 1,350,000 on 15 June 2022: AED 1,915 per sqft for 705 sqft. The unit has 3 registered sales; the first was AED 2,044,718 in April 2009.

What is the rent for unit 1702?

AED 55,000 a year on the contract signed on 15 October 2020. The previous contract, from July 2018, was AED 80,000; the unit has been rented since October 2013.

How big is unit 1702?

705 sqft (65.5 sqm): a one-bedroom apartment on the 17th floor of a 47-storey tower completed in 2012.

What is unit 1702 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 1702, Bay Central - Central Tower

Starts from the last sale price (AED 1.35M, 15 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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