1-bed · 651 sqftBay Central - Central Tower, Dubai Marina · 3rd floor · completed 2012

305, Bay Central - Central Tower

Sold prices and rental history: sold 8 times, last in July 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 2 July 2024
Last soldAED 1.25M2 July 2024
Current rentAED 55K /yr3 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Bay Central - Central Tower

What is 305 worth today?

Last sold for AED 1,250,000 in 2024

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2 Jul 2024SoldReady
AED 1,250,000AED 1,920 per sqft
2 Jul 2024SoldReady
AED 1,250,000AED 1,920 per sqft
12 May 2022SoldReady
AED 850,000AED 1,305 per sqft
3 Oct 2021RentedRenewal
AED 55,000/yr12 months · AED 85 per sqft
27 Aug 2019RentedNew contract
AED 72,000/yr12 months · AED 111 per sqft
5 May 2019SoldReady
AED 800,000AED 1,228 per sqft
29 Jun 2018RentedNew contract
AED 70,000/yr12 months · AED 108 per sqft
31 Jan 2015RentedNew contract
AED 95,000/yr12 months · AED 147 per sqft

Source: Dubai Land Department. Updated 2 July 2024.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
3rd of 47
Parking
B5-32
Developer
Bay Central Developments
Completed
2012
Service charge
AED 14,100 /yr
Last sold
AED 1.25M · July 2024

About 305, Bay Central - Central Tower

305 is a one-bedroom apartment of 651 sqft on the 3rd floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 2 July 2024 for AED 1,250,000, or AED 1,920 per sqft, 17% below the AED 2,317 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 3 October 2021, is AED 55,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 14,100 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, April 2009: AED 932,655 (AED 1,432 per sqft)Sold, September 2012: AED 1,000,000 (AED 1,536 per sqft)Sold, October 2013: AED 932,655 (AED 1,432 per sqft)Sold, July 2014: AED 740,000 (AED 1,136 per sqft)Sold, May 2019: AED 800,000 (AED 1,228 per sqft)Sold, May 2022: AED 850,000 (AED 1,305 per sqft)Sold, July 2024: AED 1,250,000 (AED 1,920 per sqft)Sold, July 2024: AED 1,250,000 (AED 1,920 per sqft)

305 has sold 8 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 305, 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, January 2015: AED 95,000 a yearNew contract, June 2018: AED 70,000 a yearNew contract, August 2019: AED 72,000 a yearRenewal, October 2021: AED 55,000 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 305 sits

All 302 1-beds →

305 last sold in July 2024 at AED 1,920 per sqft, 17% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 2,317). 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. 305's AED 55,000 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
3011-bedAED 933K · Sep 2013
3021-bedAED 1.47M · Oct 2025
3031-bedAED 2.17M · May 2009
3041-bedAED 830K · Jan 2022
3061-bedAED 1.38M · Jun 2010
3071-bedAED 1.11M · May 2013
3081-bedAED 1.6M · Aug 2024
1–7 of 9

305, Bay Central - Central Tower in numbers

  • Sold 8 times: first on 26 April 2009 for AED 932,655, last on 2 July 2024 for AED 1,250,000 (AED 1,920 per sqft).
  • Rented since January 2015 on 4 Ejari contracts, from AED 95,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 14,100 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 2 July 2024.

Questions about 305, Bay Central - Central Tower

What did unit 305 last sell for?

AED 1,250,000 on 2 July 2024: AED 1,920 per sqft for 651 sqft. The unit has 8 registered sales; the first was AED 932,655 in April 2009.

What is the rent for unit 305?

AED 55,000 a year on the contract renewed on 3 October 2021. The previous contract, from August 2019, was AED 72,000; the unit has been rented since January 2015.

How big is unit 305?

651 sqft (60.5 sqm): a one-bedroom apartment on the 3rd floor of a 47-storey tower completed in 2012.

What is unit 305 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 305, Bay Central - Central Tower

Starts from the last sale price (AED 1.25M, 2 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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