1-bed · 857 sqftBay Central - Central Tower, Dubai Marina · 17th floor · completed 2012

1703, Bay Central - Central Tower

Sold prices and rental history: sold twice, last in February 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1703 · DLD and Ejari recordsUpdated 19 July 2022
Last soldAED 850K19 February 2020
Current rentAED 83K /yr19 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1703, Bay Central - Central Tower

What is 1703 worth today?

Last sold for AED 850,000 in 2020

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19 Jul 2022RentedRenewal
AED 82,500/yr12 months · AED 96 per sqft
19 Jul 2021RentedNew contract
AED 65,000/yr12 months · AED 75 per sqft
19 Feb 2020SoldReady
AED 850,000AED 992 per sqft
12 Dec 2018RentedNew contract
AED 72,000/yr12 months · AED 84 per sqft
1 Dec 2013RentedNew contract
AED 90,000/yr12 months · AED 105 per sqft
3 Oct 2013Sold by developerReady
AED 1,477,734AED 1,724 per sqft

Source: Dubai Land Department. Updated 19 July 2022.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
17th of 47
Parking
B4-92
Developer
Bay Central Developments
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 850K · February 2020

About 1703, Bay Central - Central Tower

1703 is a one-bedroom apartment of 857 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 19 February 2020 for AED 850,000, or AED 992 per sqft, 30% below the AED 1,411 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 19 July 2022, is AED 82,500 a year: a gross yield of 9.7% on the 2020 price, before the service charge of about AED 18,500 a year.

Sales and rents for 1703 over time

Sales
Unit 1703, 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, October 2013: AED 1,477,734 (AED 1,724 per sqft)Sold, February 2020: AED 850,000 (AED 992 per sqft)

1703 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1703, 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, December 2013: AED 90,000 a yearNew contract, December 2018: AED 72,000 a yearNew contract, July 2021: AED 65,000 a yearRenewal, July 2022: AED 82,500 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 1703 sits

All 302 1-beds →

1703 last sold in February 2020 at AED 992 per sqft, 30% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,411). 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. 1703's AED 82,500 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
17021-bedAED 1.35M · Jun 2022
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

1703, Bay Central - Central Tower in numbers

  • Sold twice: first on 3 October 2013 for AED 1,477,734, last on 19 February 2020 for AED 850,000 (AED 992 per sqft).
  • Rented since December 2013 on 4 Ejari contracts. The rent fell from AED 90,000 to AED 65,000 in 2021 and recovered to AED 82,500 by July 2022.
  • At AED 82,500 a year the gross yield on the 2020 price is 9.7%, 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 19 July 2022.

Questions about 1703, Bay Central - Central Tower

What did unit 1703 last sell for?

AED 850,000 on 19 February 2020: AED 992 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 1,477,734 in October 2013.

What is the rent for unit 1703?

AED 82,500 a year on the contract renewed on 19 July 2022. The previous contract, from July 2021, was AED 65,000; the unit has been rented since December 2013.

How big is unit 1703?

857 sqft (79.6 sqm): a one-bedroom apartment on the 17th floor of a 47-storey tower completed in 2012.

What is unit 1703 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 1703, Bay Central - Central Tower

Starts from the last sale price (AED 850K, 19 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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