1-bed · 708 sqftBay Central - Central Tower, Dubai Marina · 23rd floor · completed 2012

2304, Bay Central - Central Tower

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2304 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 1.42M18 February 2015
Current rentAED 100K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2304, Bay Central - Central Tower

What is 2304 worth today?

Last sold for AED 1,421,107 in 2015

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1 Nov 2024RentedNew contract
AED 100,000/yr12 months · AED 141 per sqft
22 Mar 2021RentedNew contract
AED 62,000/yr12 months · AED 87 per sqft
5 Oct 2020RentedNew contract
AED 58,000/yr12 months · AED 82 per sqft
29 Jan 2019RentedNew contract
AED 85,000/yr12 months · AED 120 per sqft
18 Feb 2015SoldReady
AED 1,421,107AED 2,007 per sqft
27 Apr 2009Sold by developerOff-plan
AED 1,421,107AED 2,007 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
708 sqft
Floor
23rd of 47
Parking
B3-51
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.42M · February 2015

About 2304, Bay Central - Central Tower

2304 is a one-bedroom apartment of 708 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 18 February 2015 for AED 1,421,107, or AED 2,007 per sqft, 8% below the AED 2,187 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 November 2024, is AED 100,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 15,300 a year.

Sales and rents for 2304 over time

Sales
Unit 2304, 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, April 2009: AED 1,421,107 (AED 2,007 per sqft)Sold, February 2015: AED 1,421,107 (AED 2,007 per sqft)

2304 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2304, 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 2019: AED 85,000 a yearNew contract, October 2020: AED 58,000 a yearNew contract, March 2021: AED 62,000 a yearNew contract, November 2024: AED 100,000 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 2304 sits

All 302 1-beds →

2304 last sold in February 2015 at AED 2,007 per sqft, 8% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 2,187). 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. 2304's AED 100,000 is in the upper 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
23011-bedAED 967K · Jan 2013
23021-bedAED 988K · Apr 2019
23031-bedAED 1.3M · Oct 2013
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

2304, Bay Central - Central Tower in numbers

  • Sold twice: first on 27 April 2009 for AED 1,421,107, last on 18 February 2015 for AED 1,421,107 (AED 2,007 per sqft).
  • Rented since January 2019 on 4 Ejari contracts. The rent fell from AED 85,000 to AED 58,000 in 2020 and recovered to AED 100,000 by November 2024.
  • At AED 100,000 a year the gross yield on the 2015 price is 7.0%, 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 1 November 2024.

Questions about 2304, Bay Central - Central Tower

What did unit 2304 last sell for?

AED 1,421,107 on 18 February 2015: AED 2,007 per sqft for 708 sqft. The unit has 2 registered sales; the first was AED 1,421,107 in April 2009.

What is the rent for unit 2304?

AED 100,000 a year on the contract signed on 1 November 2024. The previous contract, from March 2021, was AED 62,000; the unit has been rented since January 2019.

How big is unit 2304?

708 sqft (65.8 sqm): a one-bedroom apartment on the 23rd floor of a 47-storey tower completed in 2012.

What is unit 2304 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 2304, Bay Central - Central Tower

Starts from the last sale price (AED 1.42M, 18 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,421,107
Deposit, UAE resident (20%)
AED 284,221
Deposit, non-resident (40%)
AED 568,443
Monthly over 25 years at 3.7%
AED 5,814

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