1-bed · 857 sqftBay Central - Central Tower, Dubai Marina · 28th floor · completed 2012

2803, Bay Central - Central Tower

Sold prices and rental history: sold twice, last in April 2022, and rented once, from September 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2803 · DLD and Ejari recordsUpdated 28 April 2022
Last soldAED 1.23M28 April 2022
Current rentAED 120K /yr19 September 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2803, Bay Central - Central Tower

What is 2803 worth today?

Last sold for AED 1,226,572 in 2022

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28 Apr 2022SoldReady
AED 1,226,572AED 1,431 per sqft
19 Sep 2013RentedNew contract
AED 120,000/yr12 months · AED 139 per sqft
31 May 2009Sold by developerOff-plan
AED 1,973,485AED 2,303 per sqft

Source: Dubai Land Department. Updated 28 April 2022.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
28th of 47
Parking
B1-53
Developer
Bay Central Developments
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 1.23M · April 2022

About 2803, Bay Central - Central Tower

2803 is a one-bedroom apartment of 857 sqft on the 28th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 28 April 2022 for AED 1,226,572, or AED 1,431 per sqft, in line with the AED 1,460 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 September 2013. The current contract, signed on 19 September 2013, is AED 120,000 a year: a gross yield of 9.8% on the 2022 price, before the service charge of about AED 18,500 a year.

Sales and rents for 2803 over time

Sales
Unit 2803, 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 1,973,485 (AED 2,303 per sqft)Sold, April 2022: AED 1,226,572 (AED 1,431 per sqft)

2803 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2803, each contractTypical one-bed in Bay Central - Central Tower
100K2012201620202024Typical 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, September 2013: AED 120,000 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 2803 sits

All 302 1-beds →

2803 last sold in April 2022 at AED 1,431 per sqft, in line with what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,460). 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. 2803's AED 120,000 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
28011-bedAED 981K · Jun 2013
28021-bedAED 815K · Oct 2013
28041-bedAED 1.85M · Apr 2009
28051-bedAED 981K · Jul 2013
28061-bedAED 1.38M · Dec 2022
28071-bedAED 1.75M · Apr 2025
28081-bedAED 1.29M · Oct 2013
1–7 of 9

2803, Bay Central - Central Tower in numbers

  • Sold twice: first on 31 May 2009 for AED 1,973,485, last on 28 April 2022 for AED 1,226,572 (AED 1,431 per sqft).
  • Rented since September 2013 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 9.8%, 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 28 April 2022.

Questions about 2803, Bay Central - Central Tower

What did unit 2803 last sell for?

AED 1,226,572 on 28 April 2022: AED 1,431 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 1,973,485 in May 2009.

What is the rent for unit 2803?

AED 120,000 a year on the contract signed on 19 September 2013.

How big is unit 2803?

857 sqft (79.6 sqm): a one-bedroom apartment on the 28th floor of a 47-storey tower completed in 2012.

What is unit 2803 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 2803, Bay Central - Central Tower

Starts from the last sale price (AED 1.23M, 28 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,226,572
Deposit, UAE resident (20%)
AED 245,314
Deposit, non-resident (40%)
AED 490,629
Monthly over 25 years at 3.7%
AED 5,018

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