1-bed · 857 sqftBay Central - Central Tower, Dubai Marina · 32nd floor · completed 2012

3203, Bay Central - Central Tower

Sold prices and rental history: sold once, by the developer in October 2009, and rented once, from June 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3203 · DLD and Ejari recordsUpdated 1 June 2019
Last soldAED 1.99M7 October 2009
Current rentAED 75K /yr1 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3203, Bay Central - Central Tower

What is 3203 worth today?

Last sold for AED 1,986,717 in 2009

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1 Jun 2019RentedNew contract
AED 75,000/yr12 months · AED 87 per sqft
7 Oct 2009Sold by developerOff-plan
AED 1,986,717AED 2,319 per sqft

Source: Dubai Land Department. Updated 1 June 2019.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
32nd of 47
Parking
G-27
Developer
Bay Central Developments
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 1.99M · October 2009

About 3203, Bay Central - Central Tower

3203 is a one-bedroom apartment of 857 sqft on the 32nd 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 7 October 2009 for AED 1,986,717, or AED 2,319 per sqft, 33% above the AED 1,743 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 June 2019. The current contract, signed on 1 June 2019, is AED 75,000 a year: a gross yield of 3.8% on the 2009 price, before the service charge of about AED 18,500 a year.

Sales and rents for 3203 over time

Sales
Unit 3203, 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, October 2009: AED 1,986,717 (AED 2,319 per sqft)

3203 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3203, 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, June 2019: AED 75,000 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 3203 sits

All 302 1-beds →

3203 last sold in October 2009 at AED 2,319 per sqft, 33% above what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,743). 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. 3203's AED 75,000 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
32011-bedAED 1.48M · May 2009
32021-bedAED 1.6M · Sep 2014
32041-bedAED 1.67M · Jan 2024
32051-bedAED 1.34M · May 2018
32061-bedAED 996K · Oct 2013
32071-bedAED 1.1M · May 2013
32081-bedAED 1.24M · Jun 2013
1–7 of 9

3203, Bay Central - Central Tower in numbers

  • Sold once: by Bay Central Developments on 7 October 2009 for AED 1,986,717, or AED 2,319 per sqft.
  • Rented since June 2019 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2009 price is 3.8%, 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 1 June 2019.

Questions about 3203, Bay Central - Central Tower

What did unit 3203 last sell for?

AED 1,986,717 on 7 October 2009, sold by the developer: AED 2,319 per sqft for 857 sqft. It is the only registered sale of the unit.

What is the rent for unit 3203?

AED 75,000 a year on the contract signed on 1 June 2019.

How big is unit 3203?

857 sqft (79.6 sqm): a one-bedroom apartment on the 32nd floor of a 47-storey tower completed in 2012.

What is unit 3203 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 3203, Bay Central - Central Tower

Starts from the last sale price (AED 1.99M, 7 October 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,986,717
Deposit, UAE resident (20%)
AED 397,343
Deposit, non-resident (40%)
AED 794,687
Monthly over 25 years at 3.7%
AED 8,128

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