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1-bed · 805 sqftBay Central - Central Tower, Dubai Marina · 2nd floor · completed 2012

202, Bay Central - Central Tower

Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 18 October 2021
Last soldAED 870K18 October 2021
Current rentAED 62K /yr4 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 202, Bay Central - Central Tower

What is 202 worth today?

Last sold for AED 870,000 in 2021

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18 Oct 2021SoldReady
AED 870,000AED 1,080 per sqft
4 Aug 2020RentedRenewal
AED 62,000/yr12 months · AED 77 per sqft
4 Aug 2019RentedNew contract
AED 66,000/yr12 months · AED 82 per sqft
9 Jul 2018RentedNew contract
AED 70,000/yr12 months · AED 87 per sqft
22 Mar 2017RentedNew contract
AED 90,000/yr12 months · AED 111 per sqft
22 Mar 2016RentedNew contract
AED 95,000/yr12 months · AED 118 per sqft
18 Mar 2013Sold by developerReady
AED 825,000AED 1,024 per sqft

Source: Dubai Land Department. Updated 18 October 2021.

Key facts

Type
1-bed apartment
Size
805 sqft
Floor
2nd of 47
Parking
B5-25
Developer
Bay Central Developments
Completed
2012
Service charge
AED 17,400 /yr
Last sold
AED 870K · October 2021
Building
Bay Central - Central Tower

About 202, Bay Central - Central Tower

202 is a one-bedroom apartment of 805 sqft on the 2nd floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 18 October 2021 for AED 870,000, or AED 1,080 per sqft, 16% below the AED 1,290 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 4 August 2020, is AED 62,000 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 17,400 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, March 2013: AED 825,000 (AED 1,024 per sqft)Sold, October 2021: AED 870,000 (AED 1,080 per sqft)

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

Rents
Unit 202, 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, March 2016: AED 95,000 a yearNew contract, March 2017: AED 90,000 a yearNew contract, July 2018: AED 70,000 a yearNew contract, August 2019: AED 66,000 a yearRenewal, August 2020: AED 62,000 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 202 sits

All 302 1-beds →

202 last sold in October 2021 at AED 1,080 per sqft, 16% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,290). 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. 202's AED 62,000 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 →

Other units on the 2nd floor

All 380 units in Bay Central - Central Tower
Value
2011-bedAED 1.28M · Dec 2022
2032-bedAED 2.65M · Feb 2017
2042-bedAED 2.75M · Feb 2017

202, Bay Central - Central Tower in numbers

  • Sold twice: first on 18 March 2013 for AED 825,000, last on 18 October 2021 for AED 870,000 (AED 1,080 per sqft).
  • Rented since March 2016 on 5 Ejari contracts, from AED 95,000 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2021 price is 7.1%, before a service charge of about AED 17,400 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 18 October 2021.

Questions about 202, Bay Central - Central Tower

What did unit 202 last sell for?

AED 870,000 on 18 October 2021: AED 1,080 per sqft for 805 sqft. The unit has 2 registered sales; the first was AED 825,000 in March 2013.

What is the rent for unit 202?

AED 62,000 a year on the contract renewed on 4 August 2020. The previous contract, from August 2019, was AED 66,000; the unit has been rented since March 2016.

How big is unit 202?

805 sqft (74.8 sqm): a one-bedroom apartment on the 2nd floor of a 47-storey tower completed in 2012.

What is unit 202 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 202, Bay Central - Central Tower

Starts from the last sale price (AED 870K, 18 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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