1-bed · 857 sqftBay Central - Central Tower, Dubai Marina · 26th floor · completed 2012

2603, Bay Central - Central Tower

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2603 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 879K1 October 2013
Current rentAED 75K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2603, Bay Central - Central Tower

What is 2603 worth today?

Last sold for AED 879,032 in 2013

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1 Dec 2023RentedRenewal
AED 75,000/yr12 months · AED 87 per sqft
1 Dec 2022RentedRenewal
AED 75,000/yr12 months · AED 87 per sqft
1 Dec 2021RentedRenewal
AED 50,000/yr12 months · AED 58 per sqft
1 Dec 2020RentedNew contract
AED 50,000/yr12 months · AED 58 per sqft
31 Mar 2019RentedNew contract
AED 75,000/yr12 months · AED 87 per sqft
11 Apr 2014RentedNew contract
AED 100,000/yr12 months · AED 116 per sqft
1 Oct 2013Sold by developerReady
AED 879,032AED 1,026 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
26th of 47
Parking
B1-28
Developer
Bay Central Developments
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 879K · October 2013

About 2603, Bay Central - Central Tower

2603 is a one-bedroom apartment of 857 sqft on the 26th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. The developer sold it on 1 October 2013 for AED 879,032, or AED 1,026 per sqft, 32% below the AED 1,512 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 75,000 a year: a gross yield of 8.5% on the 2013 price, before the service charge of about AED 18,500 a year.

Sales and rents for 2603 over time

Sales
Unit 2603, 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 879,032 (AED 1,026 per sqft)

2603 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2603, 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, April 2014: AED 100,000 a yearNew contract, March 2019: AED 75,000 a yearNew contract, December 2020: AED 50,000 a yearRenewal, December 2021: AED 50,000 a yearRenewal, December 2022: AED 75,000 a yearRenewal, December 2023: AED 75,000 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 2603 sits

All 302 1-beds →

2603 last sold in October 2013 at AED 1,026 per sqft, 32% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,512). 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. 2603's AED 75,000 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
26011-bedAED 1M · Apr 2021
26021-bedAED 799K · Oct 2013
26041-bedAED 1.87M · Apr 2025
26051-bedAED 1.85M · Apr 2025
26061-bedAED 984K · Oct 2013
26071-bedAED 849K · Oct 2013
26081-bedAED 1.35M · Feb 2013
1–7 of 9

2603, Bay Central - Central Tower in numbers

  • Sold once: by Bay Central Developments on 1 October 2013 for AED 879,032, or AED 1,026 per sqft.
  • Rented since April 2014 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 50,000 in 2021 and recovered to AED 75,000 by December 2023.
  • At AED 75,000 a year the gross yield on the 2013 price is 8.5%, 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 1 December 2023.

Questions about 2603, Bay Central - Central Tower

What did unit 2603 last sell for?

AED 879,032 on 1 October 2013, sold by the developer: AED 1,026 per sqft for 857 sqft. It is the only registered sale of the unit.

What is the rent for unit 2603?

AED 75,000 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 75,000; the unit has been rented since April 2014.

How big is unit 2603?

857 sqft (79.6 sqm): a one-bedroom apartment on the 26th floor of a 47-storey tower completed in 2012.

What is unit 2603 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 2603, Bay Central - Central Tower

Starts from the last sale price (AED 879K, 1 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 879,032
Deposit, UAE resident (20%)
AED 175,806
Deposit, non-resident (40%)
AED 351,613
Monthly over 25 years at 3.7%
AED 3,596

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