1-bed · 650 sqftBay Central - Central Tower, Dubai Marina · 23rd floor · completed 2012

2301, Bay Central - Central Tower

Sold prices and rental history: sold twice, last in January 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2301 · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 967K28 January 2013
Current rentAED 70K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2301, Bay Central - Central Tower

What is 2301 worth today?

Last sold for AED 967,120 in 2013

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1 Jul 2022RentedNew contract
AED 70,000/yr12 months · AED 108 per sqft
29 Mar 2021RentedNew contract
AED 55,000/yr12 months · AED 85 per sqft
7 Dec 2020RentedNew contract
AED 53,000/yr12 months · AED 82 per sqft
14 Feb 2017RentedNew contract
AED 105,000/yr12 months · AED 163 per sqft
28 Jan 2013SoldReady
AED 967,120AED 1,487 per sqft
10 Jan 2013Sold by developerOff-plan
AED 967,120AED 1,487 per sqft

Source: Dubai Land Department. Updated 1 July 2022.

Key facts

Type
1-bed apartment
Size
650 sqft
Floor
23rd of 47
Parking
B3-44
Developer
Bay Central Developments
Completed
2012
Service charge
AED 14,100 /yr
Last sold
AED 967K · January 2013

About 2301, Bay Central - Central Tower

2301 is a one-bedroom apartment of 650 sqft on the 23rd floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 28 January 2013 for AED 967,120, or AED 1,487 per sqft, 15% above the AED 1,292 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 1 July 2022, is AED 70,000 a year: a gross yield of 7.2% on the 2013 price, before the service charge of about AED 14,100 a year.

Sales and rents for 2301 over time

Sales
Unit 2301, 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, January 2013: AED 967,120 (AED 1,487 per sqft)Sold by developer, January 2013: AED 967,120 (AED 1,487 per sqft)

2301 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2301, each contractTypical one-bed in Bay Central - Central Tower
50K75K100K2012201620202024Typical 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, February 2017: AED 105,000 a yearNew contract, December 2020: AED 53,000 a yearNew contract, March 2021: AED 55,000 a yearNew contract, July 2022: AED 70,000 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 2301 sits

All 302 1-beds →

2301 last sold in January 2013 at AED 1,487 per sqft, 15% above what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,292). 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. 2301's AED 70,000 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
23021-bedAED 988K · Apr 2019
23031-bedAED 1.3M · Oct 2013
23041-bedAED 1.42M · Feb 2015
23051-bedAED 1.2M · Jan 2018
23061-bedAED 1.65M · Feb 2024
23071-bedAED 975K · Apr 2020
23081-bedAED 2.13M · Mar 2026
1–7 of 9

2301, Bay Central - Central Tower in numbers

  • Sold twice: first on 10 January 2013 for AED 967,120, last on 28 January 2013 for AED 967,120 (AED 1,487 per sqft).
  • Rented since February 2017 on 4 Ejari contracts. The rent fell from AED 105,000 to AED 53,000 in 2020 and recovered to AED 70,000 by July 2022.
  • At AED 70,000 a year the gross yield on the 2013 price is 7.2%, 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 1 July 2022.

Questions about 2301, Bay Central - Central Tower

What did unit 2301 last sell for?

AED 967,120 on 28 January 2013: AED 1,487 per sqft for 650 sqft. The unit has 2 registered sales; the first was AED 967,120 in January 2013.

What is the rent for unit 2301?

AED 70,000 a year on the contract signed on 1 July 2022. The previous contract, from March 2021, was AED 55,000; the unit has been rented since February 2017.

How big is unit 2301?

650 sqft (60.4 sqm): a one-bedroom apartment on the 23rd floor of a 47-storey tower completed in 2012.

What is unit 2301 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 2301, Bay Central - Central Tower

Starts from the last sale price (AED 967K, 28 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 967,120
Deposit, UAE resident (20%)
AED 193,424
Deposit, non-resident (40%)
AED 386,848
Monthly over 25 years at 3.7%
AED 3,957

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