1-bed · 705 sqftBay Central - Central Tower, Dubai Marina · 30th floor · completed 2012

3002, Bay Central - Central Tower

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

Unit 3002 · DLD and Ejari recordsUpdated 19 May 2024
Last soldAED 1.33M13 November 2013
Current rentAED 80K /yr19 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3002, Bay Central - Central Tower

What is 3002 worth today?

Last sold for AED 1,327,900 in 2013

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19 May 2024RentedRenewal
AED 80,000/yr12 months · AED 114 per sqft
19 May 2024RentedRenewal
AED 80,000/yr12 months · AED 114 per sqft
19 May 2022RentedNew contract
AED 70,000/yr12 months · AED 99 per sqft
24 Sep 2021RentedNew contract
AED 65,000/yr12 months · AED 93 per sqft
25 Sep 2020RentedNew contract
AED 60,000/yr12 months · AED 86 per sqft
15 Oct 2017RentedNew contract
AED 95,000/yr12 months · AED 136 per sqft
7 Mar 2017RentedRenewal
AED 95,000/yr12 months · AED 136 per sqft
7 Mar 2016RentedNew contract
AED 100,000/yr12 months · AED 143 per sqft

Source: Dubai Land Department. Updated 19 May 2024.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
30th of 47
Parking
G-06
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.33M · November 2013

About 3002, Bay Central - Central Tower

3002 is a one-bedroom apartment of 705 sqft on the 30th 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 13 November 2013 for AED 1,327,900, or AED 1,884 per sqft, 25% above the AED 1,512 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 19 May 2024, is AED 80,000 a year: a gross yield of 6.0% on the 2013 price, before the service charge of about AED 15,300 a year.

Sales and rents for 3002 over time

Sales
Unit 3002, 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, November 2013: AED 1,327,900 (AED 1,884 per sqft)

3002 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3002, 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, March 2014: AED 95,000 a yearNew contract, March 2016: AED 100,000 a yearRenewal, March 2017: AED 95,000 a yearNew contract, October 2017: AED 95,000 a yearNew contract, September 2020: AED 60,000 a yearNew contract, September 2021: AED 65,000 a yearNew contract, May 2022: AED 70,000 a yearRenewal, May 2024: AED 80,000 a yearRenewal, May 2024: 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 3002 sits

All 302 1-beds →

3002 last sold in November 2013 at AED 1,884 per sqft, 25% above 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. 3002'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
30011-bedAED 1.61M · May 2009
30031-bedAED 1.38M · Sep 2016
30041-bedAED 1.4M · Jul 2016
30051-bedAED 1.45M · Apr 2009
30061-bedAED 987K · Oct 2013
30071-bedAED 1.63M · May 2014
30081-bedAED 1.33M · Feb 2022
1–7 of 9

3002, Bay Central - Central Tower in numbers

  • Sold once: by Bay Central Developments on 13 November 2013 for AED 1,327,900, or AED 1,884 per sqft.
  • Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 95,000 to AED 60,000 in 2020 and recovered to AED 80,000 by May 2024.
  • At AED 80,000 a year the gross yield on the 2013 price is 6.0%, 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 19 May 2024.

Questions about 3002, Bay Central - Central Tower

What did unit 3002 last sell for?

AED 1,327,900 on 13 November 2013, sold by the developer: AED 1,884 per sqft for 705 sqft. It is the only registered sale of the unit.

What is the rent for unit 3002?

AED 80,000 a year on the contract renewed on 19 May 2024. The previous contract, from May 2024, was AED 80,000; the unit has been rented since March 2014.

How big is unit 3002?

705 sqft (65.5 sqm): a one-bedroom apartment on the 30th floor of a 47-storey tower completed in 2012.

What is unit 3002 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 3002, Bay Central - Central Tower

Starts from the last sale price (AED 1.33M, 13 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,327,900
Deposit, UAE resident (20%)
AED 265,580
Deposit, non-resident (40%)
AED 531,160
Monthly over 25 years at 3.7%
AED 5,433

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