1-bed · 708 sqftBay Central - Central Tower, Dubai Marina · 32nd floor · completed 2012

3204, Bay Central - Central Tower

Sold prices and rental history: sold 5 times, last in January 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3204 · DLD and Ejari recordsUpdated 3 January 2024
Last soldAED 1.67M3 January 2024
Current rentAED 92K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3204, Bay Central - Central Tower

What is 3204 worth today?

Last sold for AED 1,670,000 in 2024

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3 Jan 2024SoldReady
AED 1,670,000AED 2,358 per sqft
3 Jan 2024SoldReady
AED 1,670,000AED 2,358 per sqft
1 Sep 2023RentedRenewal
AED 92,000/yr12 months · AED 130 per sqft
1 Sep 2022RentedRenewal
AED 85,200/yr12 months · AED 120 per sqft
1 Sep 2021RentedRenewal
AED 65,000/yr12 months · AED 91 per sqft
1 Sep 2020RentedRenewal
AED 56,250/yr12 months · AED 79 per sqft
1 Sep 2019RentedRenewal
AED 81,000/yr12 months · AED 114 per sqft
1 Sep 2018RentedRenewal
AED 95,000/yr12 months · AED 134 per sqft

Source: Dubai Land Department. Updated 3 January 2024.

Key facts

Type
1-bed apartment
Size
708 sqft
Floor
32nd of 47
Parking
G-28
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.67M · January 2024

About 3204, Bay Central - Central Tower

3204 is a one-bedroom apartment of 708 sqft on the 32nd floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 3 January 2024 for AED 1,670,000, or AED 2,358 per sqft, 10% above the AED 2,134 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 1 September 2023, is AED 92,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 15,300 a year.

Sales and rents for 3204 over time

Sales
Unit 3204, 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, May 2009: AED 1,131,017 (AED 1,597 per sqft)Sold, October 2013: AED 1,131,017 (AED 1,597 per sqft)Sold, December 2014: AED 1,500,000 (AED 2,118 per sqft)Sold, January 2024: AED 1,670,000 (AED 2,358 per sqft)Sold, January 2024: AED 1,670,000 (AED 2,358 per sqft)

3204 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3204, 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, October 2014: AED 100,000 a yearNew contract, August 2016: AED 100,000 a yearNew contract, September 2017: AED 100,000 a yearRenewal, September 2018: AED 95,000 a yearRenewal, September 2019: AED 81,000 a yearRenewal, September 2020: AED 56,250 a yearRenewal, September 2021: AED 65,000 a yearRenewal, September 2022: AED 85,200 a yearRenewal, September 2023: AED 92,000 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 3204 sits

All 302 1-beds →

3204 last sold in January 2024 at AED 2,358 per sqft, 10% above what one-beds in Bay Central - Central Tower were fetching at the time (AED 2,134). 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. 3204's AED 92,000 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
32011-bedAED 1.48M · May 2009
32021-bedAED 1.6M · Sep 2014
32031-bedAED 1.99M · Oct 2009
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

3204, Bay Central - Central Tower in numbers

  • Sold 5 times: first on 31 May 2009 for AED 1,131,017, last on 3 January 2024 for AED 1,670,000 (AED 2,358 per sqft).
  • Rented since October 2014 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 56,250 in 2020 and recovered to AED 92,000 by September 2023.
  • At AED 92,000 a year the gross yield on the 2024 price is 5.5%, 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 3 January 2024.

Questions about 3204, Bay Central - Central Tower

What did unit 3204 last sell for?

AED 1,670,000 on 3 January 2024: AED 2,358 per sqft for 708 sqft. The unit has 5 registered sales; the first was AED 1,131,017 in May 2009.

What is the rent for unit 3204?

AED 92,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2022, was AED 85,200; the unit has been rented since October 2014.

How big is unit 3204?

708 sqft (65.8 sqm): a one-bedroom apartment on the 32nd floor of a 47-storey tower completed in 2012.

What is unit 3204 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 3204, Bay Central - Central Tower

Starts from the last sale price (AED 1.67M, 3 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,670,000
Deposit, UAE resident (20%)
AED 334,000
Deposit, non-resident (40%)
AED 668,000
Monthly over 25 years at 3.7%
AED 6,832

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