3-bed · 1,557 sqftBay Central - Central Tower, Dubai Marina · 35th floor · completed 2012

3506, Bay Central - Central Tower

Sold prices and rental history: sold 5 times, last in November 2021, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3506 · DLD and Ejari recordsUpdated 30 November 2021
Last soldAED 2.05M30 November 2021
Current rentAED 180K /yr5 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3506, Bay Central - Central Tower

What is 3506 worth today?

Last sold for AED 2,050,000 in 2021

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30 Nov 2021SoldReady
AED 2,050,000AED 1,316 per sqft
7 Jan 2016SoldReady
AED 2,500,000AED 1,605 per sqft
5 Nov 2014RentedNew contract
AED 180,000/yr12 months · AED 115 per sqft
29 Sep 2014SoldReady
AED 2,700,000AED 1,733 per sqft
15 Sep 2014SoldReady
AED 3,626,235AED 2,328 per sqft
29 Nov 2012RentedNew contract
AED 130,000/yr12 months · AED 83 per sqft
7 Oct 2009Sold by developerOff-plan
AED 3,626,235AED 2,328 per sqft

Source: Dubai Land Department. Updated 30 November 2021.

Key facts

Type
3-bed apartment
Size
1,557 sqft
Floor
35th of 47
Parking
G-56, B3-92
Developer
Bay Central Developments
Completed
2012
Service charge
AED 33,700 /yr
Last sold
AED 2.05M · November 2021

About 3506, Bay Central - Central Tower

3506 is a three-bedroom apartment of 1,557 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 30 November 2021 for AED 2,050,000, or AED 1,316 per sqft, 5% above the AED 1,252 three-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 5 November 2014, is AED 180,000 a year: a gross yield of 8.8% on the 2021 price, before the service charge of about AED 33,700 a year.

Sales and rents for 3506 over time

Sales
Unit 3506, each saleTypical three-bed in Bay Central - Central Tower
2M3M20092013201720212025Typical sale price by year: 2009 AED 3,386,269; 2012 AED 2,343,386; 2013 AED 2,445,936; 2014 AED 2,750,000; 2021 AED 1,950,000; 2022 AED 2,564,000; 2023 AED 2,950,000; 2024 AED 2,875,000Sold by developer, October 2009: AED 3,626,235 (AED 2,328 per sqft)Sold, September 2014: AED 2,700,000 (AED 1,733 per sqft)Sold, September 2014: AED 3,626,235 (AED 2,328 per sqft)Sold, January 2016: AED 2,500,000 (AED 1,605 per sqft)Sold, November 2021: AED 2,050,000 (AED 1,316 per sqft)

3506 has sold 5 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3506, each contractTypical three-bed in Bay Central - Central Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 165,000; 2015 AED 172,500; 2016 AED 170,000; 2017 AED 167,063; 2018 AED 160,000; 2019 AED 125,000; 2020 AED 115,000; 2021 AED 101,436; 2022 AED 130,000; 2023 AED 146,250; 2024 AED 185,000; 2025 AED 186,250; 2026 AED 155,000New contract, November 2012: AED 130,000 a yearNew contract, November 2014: AED 180,000 a year

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

3-beds in Bay Central - Central Tower, and where 3506 sits

All 24 3-beds →

3506 last sold in November 2021 at AED 1,316 per sqft, 5% above what three-beds in Bay Central - Central Tower were fetching at the time (AED 1,252). Over the last 12 months three-beds sold for AED 2,300,000, around AED 1,476 per sqft, and rent for AED 120,000 to 275,000 a year. 3506's AED 180,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Nov 20252,300,000
22 Sep 20252,650,000
25 Nov 20243,050,000
25 Nov 20243,050,000
1 3-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
35032-bedAED 1.81M · Sep 2013
35042-bedAED 1.92M · Aug 2023
35053-bedAED 2.53M · Nov 2022

3506, Bay Central - Central Tower in numbers

  • Sold 5 times: first on 7 October 2009 for AED 3,626,235, last on 30 November 2021 for AED 2,050,000 (AED 1,316 per sqft).
  • Rented since November 2012 on 2 Ejari contracts, from AED 130,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2021 price is 8.8%, before a service charge of about AED 33,700 a year (AED 21.65 per sqft).
  • Three-beds in Bay Central - Central Tower sold for AED 2,300,000–2,300,000 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 30 November 2021.

Questions about 3506, Bay Central - Central Tower

What did unit 3506 last sell for?

AED 2,050,000 on 30 November 2021: AED 1,316 per sqft for 1,557 sqft. The unit has 5 registered sales; the first was AED 3,626,235 in October 2009.

What is the rent for unit 3506?

AED 180,000 a year on the contract signed on 5 November 2014. The previous contract, from November 2012, was AED 130,000.

How big is unit 3506?

1,557 sqft (144.7 sqm): a three-bedroom apartment on the 35th floor of a 47-storey tower completed in 2012.

What is unit 3506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bay Central - Central Tower sold for AED 2,300,000 to 2,300,000 in the last 12 months, around AED 1,476 per sqft.

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Mortgage on 3506, Bay Central - Central Tower

Starts from the last sale price (AED 2.05M, 30 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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