2-bed · 1,199 sqftBay Central - Central Tower, Dubai Marina · 38th floor · completed 2012

3802, Bay Central - Central Tower

Sold prices and rental history: sold 3 times, last in January 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3802 · DLD and Ejari recordsUpdated 27 September 2022
Last soldAED 1.1M26 January 2020
Current rentAED 140K /yr27 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3802, Bay Central - Central Tower

What is 3802 worth today?

Last sold for AED 1,100,000 in 2020

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27 Sep 2022RentedRenewal
AED 140,377/yr12 months · AED 117 per sqft
27 Sep 2021RentedNew contract
AED 140,000/yr12 months · AED 117 per sqft
15 Aug 2020RentedNew contract
AED 110,000/yr12 months · AED 92 per sqft
26 Jan 2020SoldReady
AED 1,100,000AED 917 per sqft
12 Aug 2015RentedNew contract
AED 135,000/yr12 months · AED 113 per sqft
27 Jan 2015RentedNew contract
AED 119,554/yr12 months · AED 100 per sqft
11 Feb 2013SoldReady
AED 1,854,692AED 1,547 per sqft
28 Jan 2013RentedNew contract
AED 105,000/yr12 months · AED 88 per sqft

Source: Dubai Land Department. Updated 27 September 2022.

Key facts

Type
2-bed apartment
Size
1,199 sqft
Floor
38th of 47
Parking
M-11
Developer
Bay Central Developments
Completed
2012
Service charge
AED 25,900 /yr
Last sold
AED 1.1M · January 2020

About 3802, Bay Central - Central Tower

3802 is a two-bedroom apartment of 1,199 sqft on the 38th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 26 January 2020 for AED 1,100,000, or AED 917 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 27 September 2022, is AED 140,377 a year: a gross yield of 12.8% on the 2020 price, before the service charge of about AED 25,900 a year.

Sales and rents for 3802 over time

Sales
Unit 3802, 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 1,854,692 (AED 1,547 per sqft)Sold, February 2013: AED 1,854,692 (AED 1,547 per sqft)Sold, January 2020: AED 1,100,000 (AED 917 per sqft)

3802 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3802, 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, January 2013: AED 105,000 a yearNew contract, January 2015: AED 119,554 a yearNew contract, August 2015: AED 135,000 a yearNew contract, August 2020: AED 110,000 a yearNew contract, September 2021: AED 140,000 a yearRenewal, September 2022: AED 140,377 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 3802 sits

All 50 2-beds →

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. 3802's AED 140,377 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
38012-bedAED 1.56M · Jun 2022
38032-bedAED 1.15M · Oct 2019
38042-bedAED 1.4M · Jul 2021
38053-bedAED 1.8M · Sep 2019
38063-bedAED 2.45M · Feb 2013

3802, Bay Central - Central Tower in numbers

  • Sold 3 times: first on 26 September 2012 for AED 1,854,692, last on 26 January 2020 for AED 1,100,000 (AED 917 per sqft).
  • Rented since January 2013 on 6 Ejari contracts, from AED 105,000 to AED 140,377 a year.
  • At AED 140,377 a year the gross yield on the 2020 price is 12.8%, before a service charge of about AED 25,900 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 27 September 2022.

Questions about 3802, Bay Central - Central Tower

What did unit 3802 last sell for?

AED 1,100,000 on 26 January 2020: AED 917 per sqft for 1,199 sqft. The unit has 3 registered sales; the first was AED 1,854,692 in September 2012.

What is the rent for unit 3802?

AED 140,377 a year on the contract renewed on 27 September 2022. The previous contract, from September 2021, was AED 140,000; the unit has been rented since January 2013.

How big is unit 3802?

1,199 sqft (111.4 sqm): a two-bedroom apartment on the 38th floor of a 47-storey tower completed in 2012.

What is unit 3802 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 3802, Bay Central - Central Tower

Starts from the last sale price (AED 1.1M, 26 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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