1-bed · 857 sqftBay Central - Central Tower, Dubai Marina · 25th floor · completed 2012

2503, Bay Central - Central Tower

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

Unit 2503 · DLD and Ejari recordsUpdated 22 August 2022
Last soldAED 1.54M29 April 2013
Current rentAED 80K /yr22 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2503, Bay Central - Central Tower

What is 2503 worth today?

Last sold for AED 1,537,438 in 2013

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22 Aug 2022RentedRenewal
AED 80,000/yr12 months · AED 93 per sqft
22 Aug 2021RentedRenewal
AED 52,000/yr12 months · AED 60 per sqft
22 Aug 2020RentedRenewal
AED 52,000/yr12 months · AED 60 per sqft
22 Aug 2019RentedRenewal
AED 85,000/yr12 months · AED 99 per sqft
22 Aug 2018RentedRenewal
AED 94,000/yr12 months · AED 109 per sqft
22 Aug 2017RentedNew contract
AED 103,000/yr12 months · AED 120 per sqft
26 Jun 2016RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
30 Jan 2015RentedNew contract
AED 97,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 22 August 2022.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
25th of 47
Parking
B1-18
Developer
Bay Central Developments
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 1.54M · April 2013

About 2503, Bay Central - Central Tower

2503 is a one-bedroom apartment of 857 sqft on the 25th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 29 April 2013 for AED 1,537,438, or AED 1,794 per sqft, 23% above the AED 1,461 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 22 August 2022, is AED 80,000 a year: a gross yield of 5.2% on the 2013 price, before the service charge of about AED 18,500 a year.

Sales and rents for 2503 over time

Sales
Unit 2503, each saleTypical one-bed in Bay Central - Central Tower
1M2M2009201420192024Typical 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 1,934,125 (AED 2,257 per sqft)Sold, April 2013: AED 1,537,438 (AED 1,794 per sqft)

2503 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2503, 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, January 2013: AED 82,500 a yearNew contract, January 2015: AED 97,000 a yearNew contract, June 2016: AED 95,000 a yearNew contract, August 2017: AED 103,000 a yearRenewal, August 2018: AED 94,000 a yearRenewal, August 2019: AED 85,000 a yearRenewal, August 2020: AED 52,000 a yearRenewal, August 2021: AED 52,000 a yearRenewal, August 2022: AED 80,000 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 2503 sits

All 302 1-beds →

2503 last sold in April 2013 at AED 1,794 per sqft, 23% above what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,461). 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. 2503's AED 80,000 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
25011-bedAED 967K · Sep 2013
25021-bedAED 1.4M · May 2014
25041-bedAED 1.8M · May 2009
25051-bedAED 975K · May 2013
25061-bedAED 1.44M · Nov 2014
25071-bedAED 2M · Dec 2025
25081-bedAED 1.88M · Oct 2026
1–7 of 9

2503, Bay Central - Central Tower in numbers

  • Sold twice: first on 12 May 2009 for AED 1,934,125, last on 29 April 2013 for AED 1,537,438 (AED 1,794 per sqft).
  • Rented since January 2013 on 9 Ejari contracts. The rent fell from AED 82,500 to AED 52,000 in 2021 and recovered to AED 80,000 by August 2022.
  • At AED 80,000 a year the gross yield on the 2013 price is 5.2%, 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 22 August 2022.

Questions about 2503, Bay Central - Central Tower

What did unit 2503 last sell for?

AED 1,537,438 on 29 April 2013: AED 1,794 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 1,934,125 in May 2009.

What is the rent for unit 2503?

AED 80,000 a year on the contract renewed on 22 August 2022. The previous contract, from August 2021, was AED 52,000; the unit has been rented since January 2013.

How big is unit 2503?

857 sqft (79.6 sqm): a one-bedroom apartment on the 25th floor of a 47-storey tower completed in 2012.

What is unit 2503 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 2503, Bay Central - Central Tower

Starts from the last sale price (AED 1.54M, 29 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,537,438
Deposit, UAE resident (20%)
AED 307,488
Deposit, non-resident (40%)
AED 614,975
Monthly over 25 years at 3.7%
AED 6,290

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