1-bed · 705 sqftBay Central - Central Tower, Dubai Marina · 27th floor · completed 2012

2707, Bay Central - Central Tower

Sold prices and rental history: sold 4 times, last in May 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2707 · DLD and Ejari recordsUpdated 27 May 2021
Last soldAED 1.15M27 May 2021
Current rentAED 65K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2707, Bay Central - Central Tower

What is 2707 worth today?

Last sold for AED 1,150,000 in 2021

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27 May 2021SoldReady
AED 1,150,000AED 1,631 per sqft
1 Aug 2020RentedNew contract
AED 65,000/yr12 months · AED 93 per sqft
1 Feb 2020RentedNew contract
AED 69,000/yr12 months · AED 99 per sqft
7 Dec 2018RentedNew contract
AED 78,000/yr12 months · AED 111 per sqft
30 Nov 2017RentedRenewal
AED 100,000/yr12 months · AED 142 per sqft
30 Nov 2016RentedRenewal
AED 100,000/yr12 months · AED 142 per sqft
30 Nov 2015RentedNew contract
AED 100,000/yr12 months · AED 142 per sqft
6 Nov 2014RentedNew contract
AED 100,000/yr12 months · AED 142 per sqft

Source: Dubai Land Department. Updated 27 May 2021.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
27th of 47
Parking
B1-42
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.15M · May 2021

About 2707, Bay Central - Central Tower

2707 is a one-bedroom apartment of 705 sqft on the 27th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 27 May 2021 for AED 1,150,000, or AED 1,631 per sqft, 18% above the AED 1,383 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 August 2020, is AED 65,000 a year: a gross yield of 5.7% on the 2021 price, before the service charge of about AED 15,300 a year.

Sales and rents for 2707 over time

Sales
Unit 2707, 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, January 2010: AED 1,178,965 (AED 1,672 per sqft)Sold, May 2013: AED 1,178,965 (AED 1,672 per sqft)Sold, June 2013: AED 1,178,965 (AED 1,672 per sqft)Sold, May 2021: AED 1,150,000 (AED 1,631 per sqft)

2707 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2707, 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, November 2014: AED 100,000 a yearNew contract, November 2015: AED 100,000 a yearRenewal, November 2016: AED 100,000 a yearRenewal, November 2017: AED 100,000 a yearNew contract, December 2018: AED 78,000 a yearNew contract, February 2020: AED 69,000 a yearNew contract, August 2020: AED 65,000 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 2707 sits

All 302 1-beds →

2707 last sold in May 2021 at AED 1,631 per sqft, 18% above what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,383). 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. 2707's AED 65,000 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
27011-bedAED 968K · Apr 2013
27021-bedAED 1.56M · Mar 2014
27031-bedAED 1M · Mar 2019
27041-bedAED 1.2M · Jan 2016
27051-bedAED 979K · Oct 2013
27061-bedAED 1.1M · May 2013
27081-bedAED 1.55M · May 2022
1–7 of 9

2707, Bay Central - Central Tower in numbers

  • Sold 4 times: first on 20 January 2010 for AED 1,178,965, last on 27 May 2021 for AED 1,150,000 (AED 1,631 per sqft).
  • Rented since November 2014 on 7 Ejari contracts, from AED 100,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2021 price is 5.7%, 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 27 May 2021.

Questions about 2707, Bay Central - Central Tower

What did unit 2707 last sell for?

AED 1,150,000 on 27 May 2021: AED 1,631 per sqft for 705 sqft. The unit has 4 registered sales; the first was AED 1,178,965 in January 2010.

What is the rent for unit 2707?

AED 65,000 a year on the contract signed on 1 August 2020. The previous contract, from February 2020, was AED 69,000; the unit has been rented since November 2014.

How big is unit 2707?

705 sqft (65.5 sqm): a one-bedroom apartment on the 27th floor of a 47-storey tower completed in 2012.

What is unit 2707 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 2707, Bay Central - Central Tower

Starts from the last sale price (AED 1.15M, 27 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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