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

2309, Bay Central - Central Tower

Sold prices and rental history: sold twice, last in April 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2309 · DLD and Ejari recordsUpdated 14 April 2019
Last soldAED 1.1M14 April 2019
Current rentAED 95K /yr1 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2309, Bay Central - Central Tower

What is 2309 worth today?

Last sold for AED 1,100,000 in 2019

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14 Apr 2019SoldReady
AED 1,100,000AED 1,553 per sqft
1 Apr 2018RentedNew contract
AED 95,000/yr12 months · AED 134 per sqft
27 Sep 2015RentedRenewal
AED 89,250/yr12 months · AED 126 per sqft
27 Sep 2013RentedNew contract
AED 85,000/yr24 months · AED 120 per sqft
25 Mar 2013RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
30 May 2009Sold by developerOff-plan
AED 1,669,157AED 2,357 per sqft

Source: Dubai Land Department. Updated 14 April 2019.

Key facts

Type
1-bed apartment
Size
708 sqft
Floor
23rd of 47
Parking
B3-56
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.1M · April 2019

About 2309, Bay Central - Central Tower

2309 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 14 April 2019 for AED 1,100,000, or AED 1,553 per sqft, in line with the AED 1,566 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 April 2018, is AED 95,000 a year: a gross yield of 8.6% on the 2019 price, before the service charge of about AED 15,300 a year.

Sales and rents for 2309 over time

Sales
Unit 2309, 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, May 2009: AED 1,669,157 (AED 2,357 per sqft)Sold, April 2019: AED 1,100,000 (AED 1,553 per sqft)

2309 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2309, 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 2013: AED 80,000 a yearNew contract, September 2013: AED 85,000 a yearRenewal, September 2015: AED 89,250 a yearNew contract, April 2018: AED 95,000 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 2309 sits

All 302 1-beds →

2309 last sold in April 2019 at AED 1,553 per sqft, in line with what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,566). 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. 2309's AED 95,000 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
23041-bedAED 1.42M · Feb 2015
23051-bedAED 1.2M · Jan 2018
23061-bedAED 1.65M · Feb 2024
23071-bedAED 975K · Apr 2020
1–7 of 9

2309, Bay Central - Central Tower in numbers

  • Sold twice: first on 30 May 2009 for AED 1,669,157, last on 14 April 2019 for AED 1,100,000 (AED 1,553 per sqft).
  • Rented since March 2013 on 4 Ejari contracts, from AED 80,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2019 price is 8.6%, 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 14 April 2019.

Questions about 2309, Bay Central - Central Tower

What did unit 2309 last sell for?

AED 1,100,000 on 14 April 2019: AED 1,553 per sqft for 708 sqft. The unit has 2 registered sales; the first was AED 1,669,157 in May 2009.

What is the rent for unit 2309?

AED 95,000 a year on the contract signed on 1 April 2018. The previous contract, from September 2015, was AED 89,250; the unit has been rented since March 2013.

How big is unit 2309?

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

What is unit 2309 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 2309, Bay Central - Central Tower

Starts from the last sale price (AED 1.1M, 14 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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