1-bed · 857 sqftBay Central - Central Tower, Dubai Marina · 24th floor · completed 2012

2403, Bay Central - Central Tower

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2403 · DLD and Ejari recordsUpdated 2 April 2024
Last soldAED 1.25M24 August 2022
Current rentAED 95K /yr2 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2403, Bay Central - Central Tower

What is 2403 worth today?

Last sold for AED 1,250,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Apr 2024RentedRenewal
AED 95,000/yr12 months · AED 110 per sqft
2 Apr 2024RentedRenewal
AED 95,000/yr12 months · AED 110 per sqft
2 Apr 2023RentedNew contract
AED 88,000/yr12 months · AED 102 per sqft
24 Aug 2022SoldReady
AED 1,250,000AED 1,459 per sqft
2 Apr 2022RentedRenewal
AED 80,000/yr12 months · AED 93 per sqft
2 Apr 2021RentedRenewal
AED 62,000/yr12 months · AED 72 per sqft
2 Apr 2020RentedNew contract
AED 78,000/yr12 months · AED 91 per sqft
20 Sep 2019RentedRenewal
AED 80,000/yr12 months · AED 93 per sqft

Source: Dubai Land Department. Updated 2 April 2024.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
24th of 47
Parking
B3-60
Developer
Bay Central Developments
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 1.25M · August 2022

About 2403, Bay Central - Central Tower

2403 is a one-bedroom apartment of 857 sqft on the 24th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 24 August 2022 for AED 1,250,000, or AED 1,459 per sqft, 16% below the AED 1,730 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 2 April 2024, is AED 95,000 a year: a gross yield of 7.6% on the 2022 price, before the service charge of about AED 18,500 a year.

Sales and rents for 2403 over time

Sales
Unit 2403, 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 2013: AED 1,520,567 (AED 1,774 per sqft)Sold, August 2022: AED 1,250,000 (AED 1,459 per sqft)

2403 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2403, 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, October 2017: AED 100,000 a yearNew contract, September 2018: AED 97,000 a yearRenewal, September 2019: AED 80,000 a yearNew contract, April 2020: AED 78,000 a yearRenewal, April 2021: AED 62,000 a yearRenewal, April 2022: AED 80,000 a yearNew contract, April 2023: AED 88,000 a yearRenewal, April 2024: AED 95,000 a yearRenewal, April 2024: 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 2403 sits

All 302 1-beds →

2403 last sold in August 2022 at AED 1,459 per sqft, 16% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,730). 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. 2403'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
24011-bedAED 987K · Sep 2013
24021-bedAED 1.68M · Oct 2025
24041-bedAED 1.35M · May 2023
24051-bedAED 1.43M · Feb 2015
24061-bedAED 1.59M · Mar 2026
24071-bedAED 1.27M · Feb 2022
24081-bedAED 1.16M · May 2022
1–7 of 9

2403, Bay Central - Central Tower in numbers

  • Sold twice: first on 3 October 2013 for AED 1,520,567, last on 24 August 2022 for AED 1,250,000 (AED 1,459 per sqft).
  • Rented since October 2017 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 62,000 in 2021 and recovered to AED 95,000 by April 2024.
  • At AED 95,000 a year the gross yield on the 2022 price is 7.6%, before a service charge of about AED 18,500 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 2 April 2024.

Questions about 2403, Bay Central - Central Tower

What did unit 2403 last sell for?

AED 1,250,000 on 24 August 2022: AED 1,459 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 1,520,567 in October 2013.

What is the rent for unit 2403?

AED 95,000 a year on the contract renewed on 2 April 2024. The previous contract, from April 2024, was AED 95,000; the unit has been rented since October 2017.

How big is unit 2403?

857 sqft (79.6 sqm): a one-bedroom apartment on the 24th floor of a 47-storey tower completed in 2012.

What is unit 2403 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.

Selling 2403? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 2403, Bay Central - Central Tower

Starts from the last sale price (AED 1.25M, 24 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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