2-bed · 1,007 sqftBay Central - Central Tower, Dubai Marina · 35th floor · completed 2012

3501, Bay Central - Central Tower

Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3501 · DLD and Ejari recordsUpdated 21 March 2023
Last soldAED 1.39M1 October 2013
Current rentAED 97K /yr21 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3501, Bay Central - Central Tower

What is 3501 worth today?

Last sold for AED 1,392,226 in 2013

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21 Mar 2023RentedRenewal
AED 97,403/yr11 months · AED 97 per sqft
21 Mar 2022RentedRenewal
AED 88,000/yr12 months · AED 87 per sqft
21 Mar 2021RentedRenewal
AED 80,000/yr12 months · AED 79 per sqft
21 Mar 2020RentedRenewal
AED 90,000/yr12 months · AED 89 per sqft
21 Mar 2019RentedNew contract
AED 90,000/yr12 months · AED 89 per sqft
1 Nov 2018RentedRenewal
AED 130,000/yr3 months · AED 129 per sqft
1 Aug 2018RentedRenewal
AED 130,000/yr3 months · AED 129 per sqft
1 Aug 2017RentedRenewal
AED 130,000/yr12 months · AED 129 per sqft

Source: Dubai Land Department. Updated 21 March 2023.

Key facts

Type
2-bed apartment
Size
1,007 sqft
Floor
35th of 47
Parking
G-51
Developer
Bay Central Developments
Completed
2012
Service charge
AED 21,800 /yr
Last sold
AED 1.39M · October 2013

About 3501, Bay Central - Central Tower

3501 is a two-bedroom apartment of 1,007 sqft on the 35th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 1 October 2013 for AED 1,392,226, or AED 1,383 per sqft, 6% below the AED 1,475 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 21 March 2023, is AED 97,403 a year: a gross yield of 7.0% on the 2013 price, before the service charge of about AED 21,800 a year.

Sales and rents for 3501 over time

Sales
Unit 3501, each saleTypical two-bed in Bay Central - Central Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 2,074,311; 2012 AED 1,417,069; 2013 AED 1,696,084; 2014 AED 2,124,839; 2015 AED 2,116,800; 2017 AED 2,650,000; 2020 AED 1,090,000; 2021 AED 1,310,000; 2022 AED 1,700,000; 2023 AED 1,847,500; 2025 AED 2,365,000Sold by developer, May 2009: AED 1,392,226 (AED 1,383 per sqft)Sold, October 2013: AED 1,392,226 (AED 1,383 per sqft)

3501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3501, each contractTypical two-bed in Bay Central - Central Tower
100K150K2013201720212025Typical rent by year: 2013 AED 117,500; 2014 AED 130,625; 2015 AED 135,000; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 125,000; 2019 AED 101,965; 2020 AED 84,229; 2021 AED 81,000; 2022 AED 90,000; 2023 AED 99,220; 2024 AED 120,750; 2025 AED 120,375; 2026 AED 123,000New contract, September 2013: AED 165,000 a yearNew contract, April 2014: AED 121,000 a yearRenewal, April 2015: AED 133,100 a yearNew contract, August 2016: AED 130,000 a yearRenewal, August 2017: AED 130,000 a yearRenewal, August 2018: AED 130,000 a yearRenewal, November 2018: AED 130,000 a yearNew contract, March 2019: AED 90,000 a yearRenewal, March 2020: AED 90,000 a yearRenewal, March 2021: AED 80,000 a yearRenewal, March 2022: AED 88,000 a yearRenewal, March 2023: AED 97,403 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Bay Central - Central Tower, and where 3501 sits

All 50 2-beds →

3501 last sold in October 2013 at AED 1,383 per sqft, 6% below what two-beds in Bay Central - Central Tower were fetching at the time (AED 1,475). Over the last 12 months two-beds sold for AED 2,850,000, around AED 2,377 per sqft, and rent for AED 95,000 to 235,000 a year. 3501's AED 97,403 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Dec 20252,850,000
22 Sep 20252,365,000
30 Jul 20252,350,000
10 Aug 20231,915,000
1 2-bed sale 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
35022-bedAED 2.07M · Oct 2013
35032-bedAED 1.81M · Sep 2013
35042-bedAED 1.92M · Aug 2023
35053-bedAED 2.53M · Nov 2022
35063-bedAED 2.05M · Nov 2021

3501, Bay Central - Central Tower in numbers

  • Sold twice: first on 6 May 2009 for AED 1,392,226, last on 1 October 2013 for AED 1,392,226 (AED 1,383 per sqft).
  • Rented since September 2013 on 12 Ejari contracts. The rent fell from AED 165,000 to AED 80,000 in 2021 and recovered to AED 97,403 by March 2023.
  • At AED 97,403 a year the gross yield on the 2013 price is 7.0%, before a service charge of about AED 21,800 a year (AED 21.65 per sqft).
  • Two-beds in Bay Central - Central Tower sold for AED 2,850,000–2,850,000 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 21 March 2023.

Questions about 3501, Bay Central - Central Tower

What did unit 3501 last sell for?

AED 1,392,226 on 1 October 2013: AED 1,383 per sqft for 1,007 sqft. The unit has 2 registered sales; the first was AED 1,392,226 in May 2009.

What is the rent for unit 3501?

AED 97,403 a year on the contract renewed on 21 March 2023. The previous contract, from March 2022, was AED 88,000; the unit has been rented since September 2013.

How big is unit 3501?

1,007 sqft (93.6 sqm): a two-bedroom apartment on the 35th floor of a 47-storey tower completed in 2012.

What is unit 3501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bay Central - Central Tower sold for AED 2,850,000 to 2,850,000 in the last 12 months, around AED 2,377 per sqft.

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Mortgage on 3501, Bay Central - Central Tower

Starts from the last sale price (AED 1.39M, 1 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,392,226
Deposit, UAE resident (20%)
AED 278,445
Deposit, non-resident (40%)
AED 556,890
Monthly over 25 years at 3.7%
AED 5,696

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