2-bed · 1,226 sqftBay Central - Central Tower, Dubai Marina · 37th floor · completed 2012

3703, Bay Central - Central Tower

Sold prices and rental history: sold 3 times, last in June 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3703 · DLD and Ejari recordsUpdated 9 June 2021
Last soldAED 1.32M9 June 2021
Current rentAED 80K /yr8 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3703, Bay Central - Central Tower

What is 3703 worth today?

Last sold for AED 1,320,000 in 2021

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9 Jun 2021SoldReady
AED 1,320,000AED 1,076 per sqft
8 Jun 2020RentedRenewal
AED 80,000/yr12 months · AED 65 per sqft
8 Jun 2019RentedNew contract
AED 115,000/yr12 months · AED 94 per sqft
18 Apr 2018RentedNew contract
AED 132,000/yr12 months · AED 108 per sqft
18 Apr 2017RentedNew contract
AED 134,000/yr12 months · AED 109 per sqft
12 Nov 2012SoldReady
AED 874,513AED 713 per sqft
24 Sep 2012Sold by developerOff-plan
AED 1,749,025AED 1,426 per sqft

Source: Dubai Land Department. Updated 9 June 2021.

Key facts

Type
2-bed apartment
Size
1,226 sqft
Floor
37th of 47
Parking
M-06
Developer
Bay Central Developments
Completed
2012
Service charge
AED 26,600 /yr
Last sold
AED 1.32M · June 2021

About 3703, Bay Central - Central Tower

3703 is a two-bedroom apartment of 1,226 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 9 June 2021 for AED 1,320,000, or AED 1,076 per sqft, 17% above the AED 919 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 8 June 2020, is AED 80,000 a year: a gross yield of 6.1% on the 2021 price, before the service charge of about AED 26,600 a year.

Sales and rents for 3703 over time

Sales
Unit 3703, 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, September 2012: AED 1,749,025 (AED 1,426 per sqft)Sold, November 2012: AED 874,513 (AED 713 per sqft)Sold, June 2021: AED 1,320,000 (AED 1,076 per sqft)

3703 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3703, 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, April 2017: AED 134,000 a yearNew contract, April 2018: AED 132,000 a yearNew contract, June 2019: AED 115,000 a yearRenewal, June 2020: AED 80,000 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 3703 sits

All 50 2-beds →

3703 last sold in June 2021 at AED 1,076 per sqft, 17% above what two-beds in Bay Central - Central Tower were fetching at the time (AED 919). 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. 3703's AED 80,000 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
37012-bedAED 2.1M · Mar 2023
37022-bedAED 2.11M · Oct 2013
37042-bedAED 2.2M · Jul 2014
37053-bedAED 2.16M · Oct 2013
37063-bedAED 2.88M · Aug 2024

3703, Bay Central - Central Tower in numbers

  • Sold 3 times: first on 24 September 2012 for AED 1,749,025, last on 9 June 2021 for AED 1,320,000 (AED 1,076 per sqft).
  • Rented since April 2017 on 4 Ejari contracts, from AED 134,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 6.1%, 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 9 June 2021.

Questions about 3703, Bay Central - Central Tower

What did unit 3703 last sell for?

AED 1,320,000 on 9 June 2021: AED 1,076 per sqft for 1,226 sqft. The unit has 3 registered sales; the first was AED 1,749,025 in September 2012.

What is the rent for unit 3703?

AED 80,000 a year on the contract renewed on 8 June 2020. The previous contract, from June 2019, was AED 115,000; the unit has been rented since April 2017.

How big is unit 3703?

1,226 sqft (113.9 sqm): a two-bedroom apartment on the 37th floor of a 47-storey tower completed in 2012.

What is unit 3703 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 3703, Bay Central - Central Tower

Starts from the last sale price (AED 1.32M, 9 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,320,000
Deposit, UAE resident (20%)
AED 264,000
Deposit, non-resident (40%)
AED 528,000
Monthly over 25 years at 3.7%
AED 5,401

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