1-bed · 651 sqftBay Central - Central Tower, Dubai Marina · 20th floor · completed 2012

2005, Bay Central - Central Tower

Sold prices and rental history: sold 5 times, last in February 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2005 · DLD and Ejari recordsUpdated 4 February 2021
Last soldAED 950K4 February 2021
Current rentAED 75K /yr9 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2005, Bay Central - Central Tower

What is 2005 worth today?

Last sold for AED 950,000 in 2021

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4 Feb 2021SoldReady
AED 950,000AED 1,459 per sqft
9 Feb 2020RentedNew contract
AED 75,000/yr12 months · AED 116 per sqft
1 Jan 2018RentedNew contract
AED 90,000/yr12 months · AED 139 per sqft
1 Oct 2017RentedNew contract
AED 90,000/yr12 months · AED 139 per sqft
15 Jul 2016RentedRenewal
AED 95,000/yr12 months · AED 147 per sqft
15 Jan 2015RentedRenewal
AED 91,667/yr18 months · AED 142 per sqft
15 Jan 2014RentedNew contract
AED 90,000/yr12 months · AED 139 per sqft
31 Dec 2013SoldReady
AED 1,480,000AED 2,273 per sqft

Source: Dubai Land Department. Updated 4 February 2021.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
20th of 47
Parking
B3-18
Developer
Bay Central Developments
Completed
2012
Service charge
AED 14,100 /yr
Last sold
AED 950K · February 2021

About 2005, Bay Central - Central Tower

2005 is a one-bedroom apartment of 651 sqft on the 20th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 4 February 2021 for AED 950,000, or AED 1,459 per sqft, 22% above the AED 1,199 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 9 February 2020, is AED 75,000 a year: a gross yield of 7.9% on the 2021 price, before the service charge of about AED 14,100 a year.

Sales and rents for 2005 over time

Sales
Unit 2005, 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 2010: AED 915,240 (AED 1,405 per sqft)Sold, July 2013: AED 915,240 (AED 1,405 per sqft)Sold, August 2013: AED 1,200,000 (AED 1,843 per sqft)Sold, December 2013: AED 1,480,000 (AED 2,273 per sqft)Sold, February 2021: AED 950,000 (AED 1,459 per sqft)

2005 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2005, 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, January 2014: AED 90,000 a yearRenewal, January 2015: AED 91,667 a yearRenewal, July 2016: AED 95,000 a yearNew contract, October 2017: AED 90,000 a yearNew contract, January 2018: AED 90,000 a yearNew contract, February 2020: AED 75,000 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 2005 sits

All 302 1-beds →

2005 last sold in February 2021 at AED 1,459 per sqft, 22% above what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,199). 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. 2005's AED 75,000 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
20011-bedAED 1.33M · Oct 2013
20021-bedAED 1.33M · Oct 2013
20031-bedAED 1.05M · Jan 2013
20041-bedAED 1.41M · Jul 2022
20061-bedAED 1.03M · May 2013
20071-bedAED 1.14M · Oct 2013
20081-bedAED 1.9M · Feb 2025
1–7 of 9

2005, Bay Central - Central Tower in numbers

  • Sold 5 times: first on 25 October 2010 for AED 915,240, last on 4 February 2021 for AED 950,000 (AED 1,459 per sqft).
  • Rented since January 2014 on 6 Ejari contracts, from AED 90,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2021 price is 7.9%, before a service charge of about AED 14,100 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 4 February 2021.

Questions about 2005, Bay Central - Central Tower

What did unit 2005 last sell for?

AED 950,000 on 4 February 2021: AED 1,459 per sqft for 651 sqft. The unit has 5 registered sales; the first was AED 915,240 in October 2010.

What is the rent for unit 2005?

AED 75,000 a year on the contract signed on 9 February 2020. The previous contract, from January 2018, was AED 90,000; the unit has been rented since January 2014.

How big is unit 2005?

651 sqft (60.5 sqm): a one-bedroom apartment on the 20th floor of a 47-storey tower completed in 2012.

What is unit 2005 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 2005, Bay Central - Central Tower

Starts from the last sale price (AED 950K, 4 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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