2-bed · 1,226 sqftBay Central - Central Tower, Dubai Marina · 35th floor · completed 2012

3503, Bay Central - Central Tower

Sold prices and rental history: sold twice, last in September 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3503 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 1.81M3 September 2013
Current rentAED 130K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3503, Bay Central - Central Tower

What is 3503 worth today?

Last sold for AED 1,811,182 in 2013

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1 May 2024RentedRenewal
AED 130,000/yr12 months · AED 106 per sqft
1 May 2024RentedRenewal
AED 130,000/yr12 months · AED 106 per sqft
1 May 2023RentedRenewal
AED 120,000/yr12 months · AED 98 per sqft
1 May 2022RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
5 Feb 2021RentedRenewal
AED 94,000/yr12 months · AED 77 per sqft
5 Feb 2020RentedNew contract
AED 106,000/yr12 months · AED 86 per sqft
5 Feb 2019RentedNew contract
AED 110,000/yr12 months · AED 90 per sqft
12 Jul 2015RentedNew contract
AED 160,000/yr12 months · AED 130 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
2-bed apartment
Size
1,226 sqft
Floor
35th of 47
Parking
G-53
Developer
Bay Central Developments
Completed
2012
Service charge
AED 26,600 /yr
Last sold
AED 1.81M · September 2013

About 3503, Bay Central - Central Tower

3503 is a two-bedroom apartment of 1,226 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 3 September 2013 for AED 1,811,182, or AED 1,476 per sqft, in line with the AED 1,476 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 May 2024, is AED 130,000 a year: a gross yield of 7.2% on the 2013 price, before the service charge of about AED 26,600 a year.

Sales and rents for 3503 over time

Sales
Unit 3503, 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, February 2013: AED 1,811,182 (AED 1,476 per sqft)Sold, September 2013: AED 1,811,182 (AED 1,476 per sqft)

3503 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3503, 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, July 2015: AED 160,000 a yearNew contract, February 2019: AED 110,000 a yearNew contract, February 2020: AED 106,000 a yearRenewal, February 2021: AED 94,000 a yearNew contract, May 2022: AED 110,000 a yearRenewal, May 2023: AED 120,000 a yearRenewal, May 2024: AED 130,000 a yearRenewal, May 2024: AED 130,000 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 3503 sits

All 50 2-beds →

3503 last sold in September 2013 at AED 1,476 per sqft, in line with what two-beds in Bay Central - Central Tower were fetching at the time (AED 1,476). 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. 3503's AED 130,000 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
35012-bedAED 1.39M · Oct 2013
35022-bedAED 2.07M · Oct 2013
35042-bedAED 1.92M · Aug 2023
35053-bedAED 2.53M · Nov 2022
35063-bedAED 2.05M · Nov 2021

3503, Bay Central - Central Tower in numbers

  • Sold twice: first on 6 February 2013 for AED 1,811,182, last on 3 September 2013 for AED 1,811,182 (AED 1,476 per sqft).
  • Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 160,000 to AED 94,000 in 2021 and recovered to AED 130,000 by May 2024.
  • At AED 130,000 a year the gross yield on the 2013 price is 7.2%, before a service charge of about AED 26,600 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 1 May 2024.

Questions about 3503, Bay Central - Central Tower

What did unit 3503 last sell for?

AED 1,811,182 on 3 September 2013: AED 1,476 per sqft for 1,226 sqft. The unit has 2 registered sales; the first was AED 1,811,182 in February 2013.

What is the rent for unit 3503?

AED 130,000 a year on the contract renewed on 1 May 2024. The previous contract, from May 2024, was AED 130,000; the unit has been rented since July 2015.

How big is unit 3503?

1,226 sqft (113.9 sqm): a two-bedroom apartment on the 35th floor of a 47-storey tower completed in 2012.

What is unit 3503 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 3503, Bay Central - Central Tower

Starts from the last sale price (AED 1.81M, 3 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,811,182
Deposit, UAE resident (20%)
AED 362,236
Deposit, non-resident (40%)
AED 724,473
Monthly over 25 years at 3.7%
AED 7,410

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