1-bed · 708 sqftBay Central - Central Tower, Dubai Marina · 3rd floor · completed 2012

309, Bay Central - Central Tower

Sold prices and rental history: sold 6 times, last in April 2018, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 29 April 2018
Last soldAED 1.28M29 April 2018
Current rentAED 93K /yr15 April 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Bay Central - Central Tower

What is 309 worth today?

Last sold for AED 1,275,000 in 2018

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29 Apr 2018SoldReady
AED 1,275,000AED 1,800 per sqft
15 Apr 2017RentedRenewal
AED 92,500/yr12 months · AED 130 per sqft
15 Apr 2016RentedNew contract
AED 95,000/yr12 months · AED 134 per sqft
27 May 2013SoldReady
AED 1,080,000AED 1,525 per sqft
21 May 2013SoldReady
AED 910,800AED 1,286 per sqft
15 May 2012SoldOff-plan
AED 749,340AED 1,058 per sqft
28 Mar 2012SoldOff-plan
AED 638,353AED 901 per sqft
8 Sep 2010Sold by developerOff-plan
AED 910,800AED 1,286 per sqft

Source: Dubai Land Department. Updated 29 April 2018.

Key facts

Type
1-bed apartment
Size
708 sqft
Floor
3rd of 47
Parking
B5-35
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.28M · April 2018

About 309, Bay Central - Central Tower

309 is a one-bedroom apartment of 708 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 29 April 2018 for AED 1,275,000, or AED 1,800 per sqft, 4% below the AED 1,880 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 15 April 2017, is AED 92,500 a year: a gross yield of 7.2% on the 2018 price, before the service charge of about AED 15,300 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical one-bed in Bay Central - Central Tower
500K1M1.5M2009201420192024Typical 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, September 2010: AED 910,800 (AED 1,286 per sqft)Sold, March 2012: AED 638,353 (AED 901 per sqft)Sold, May 2012: AED 749,340 (AED 1,058 per sqft)Sold, May 2013: AED 1,080,000 (AED 1,525 per sqft)Sold, May 2013: AED 910,800 (AED 1,286 per sqft)Sold, April 2018: AED 1,275,000 (AED 1,800 per sqft)

309 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 309, 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, April 2016: AED 95,000 a yearRenewal, April 2017: AED 92,500 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 309 sits

All 302 1-beds →

309 last sold in April 2018 at AED 1,800 per sqft, 4% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,880). 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. 309's AED 92,500 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
3011-bedAED 933K · Sep 2013
3021-bedAED 1.47M · Oct 2025
3031-bedAED 2.17M · May 2009
3041-bedAED 830K · Jan 2022
3051-bedAED 1.25M · Jul 2024
3061-bedAED 1.38M · Jun 2010
3071-bedAED 1.11M · May 2013
1–7 of 9

309, Bay Central - Central Tower in numbers

  • Sold 6 times: first on 8 September 2010 for AED 910,800, last on 29 April 2018 for AED 1,275,000 (AED 1,800 per sqft).
  • Rented since April 2016 on 2 Ejari contracts, from AED 95,000 to AED 92,500 a year.
  • At AED 92,500 a year the gross yield on the 2018 price is 7.2%, 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 29 April 2018.

Questions about 309, Bay Central - Central Tower

What did unit 309 last sell for?

AED 1,275,000 on 29 April 2018: AED 1,800 per sqft for 708 sqft. The unit has 6 registered sales; the first was AED 910,800 in September 2010.

What is the rent for unit 309?

AED 92,500 a year on the contract renewed on 15 April 2017. The previous contract, from April 2016, was AED 95,000.

How big is unit 309?

708 sqft (65.8 sqm): a one-bedroom apartment on the 3rd floor of a 47-storey tower completed in 2012.

What is unit 309 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 309, Bay Central - Central Tower

Starts from the last sale price (AED 1.28M, 29 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

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