2-bed · 1,007 sqftBay Central - Central Tower, Dubai Marina · 37th floor · completed 2012

3701, Bay Central - Central Tower

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3701 · DLD and Ejari recordsUpdated 1 March 2023
Last soldAED 2.1M1 March 2023
Current rentAED 85K /yr3 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3701, Bay Central - Central Tower

What is 3701 worth today?

Last sold for AED 2,100,000 in 2023

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1 Mar 2023SoldReady
AED 2,100,000AED 2,086 per sqft
3 Apr 2022RentedRenewal
AED 85,000/yr12 months · AED 84 per sqft
3 Apr 2021RentedNew contract
AED 82,000/yr12 months · AED 81 per sqft
4 Mar 2020RentedNew contract
AED 95,000/yr12 months · AED 94 per sqft
26 Jan 2019RentedRenewal
AED 105,000/yr12 months · AED 104 per sqft
26 Jan 2018RentedRenewal
AED 120,000/yr12 months · AED 119 per sqft
26 Jan 2017RentedNew contract
AED 130,000/yr12 months · AED 128 per sqft
20 Oct 2013RentedNew contract
AED 115,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 1 March 2023.

Key facts

Type
2-bed apartment
Size
1,007 sqft
Floor
37th of 47
Parking
M-04
Developer
Bay Central Developments
Completed
2012
Service charge
AED 21,800 /yr
Last sold
AED 2.1M · March 2023

About 3701, Bay Central - Central Tower

3701 is a two-bedroom apartment of 1,007 sqft on the 37th 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 March 2023 for AED 2,100,000, or AED 2,086 per sqft, 27% above the AED 1,639 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 3 April 2022, is AED 85,000 a year: a gross yield of 4.0% on the 2023 price, before the service charge of about AED 21,800 a year.

Sales and rents for 3701 over time

Sales
Unit 3701, 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, October 2009: AED 2,030,779 (AED 2,017 per sqft)Sold, March 2023: AED 2,100,000 (AED 2,086 per sqft)

3701 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3701, 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, October 2013: AED 115,000 a yearNew contract, January 2017: AED 130,000 a yearRenewal, January 2018: AED 120,000 a yearRenewal, January 2019: AED 105,000 a yearNew contract, March 2020: AED 95,000 a yearNew contract, April 2021: AED 82,000 a yearRenewal, April 2022: AED 85,000 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 3701 sits

All 50 2-beds →

3701 last sold in March 2023 at AED 2,086 per sqft, 27% above what two-beds in Bay Central - Central Tower were fetching at the time (AED 1,639). 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. 3701's AED 85,000 is at the bottom 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
37022-bedAED 2.11M · Oct 2013
37032-bedAED 1.32M · Jun 2021
37042-bedAED 2.2M · Jul 2014
37053-bedAED 2.16M · Oct 2013
37063-bedAED 2.88M · Aug 2024

3701, Bay Central - Central Tower in numbers

  • Sold twice: first on 7 October 2009 for AED 2,030,779, last on 1 March 2023 for AED 2,100,000 (AED 2,086 per sqft).
  • Rented since October 2013 on 7 Ejari contracts, from AED 115,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2023 price is 4.0%, 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 1 March 2023.

Questions about 3701, Bay Central - Central Tower

What did unit 3701 last sell for?

AED 2,100,000 on 1 March 2023: AED 2,086 per sqft for 1,007 sqft. The unit has 2 registered sales; the first was AED 2,030,779 in October 2009.

What is the rent for unit 3701?

AED 85,000 a year on the contract renewed on 3 April 2022. The previous contract, from April 2021, was AED 82,000; the unit has been rented since October 2013.

How big is unit 3701?

1,007 sqft (93.6 sqm): a two-bedroom apartment on the 37th floor of a 47-storey tower completed in 2012.

What is unit 3701 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 3701, Bay Central - Central Tower

Starts from the last sale price (AED 2.1M, 1 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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