2-bed · 1,199 sqftBay Central - Central Tower, Dubai Marina · 40th floor · completed 2012

4002, Bay Central - Central Tower

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4002 · DLD and Ejari recordsUpdated 8 March 2023
Last soldAED 2.79M6 May 2009
Current rentAED 100K /yr8 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4002, Bay Central - Central Tower

What is 4002 worth today?

Last sold for AED 2,789,484 in 2009

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8 Mar 2023RentedNew contract
AED 100,000/yr12 months · AED 83 per sqft
15 Aug 2020RentedNew contract
AED 75,000/yr12 months · AED 63 per sqft
23 Apr 2020RentedRenewal
AED 95,004/yr2 months · AED 79 per sqft
23 Apr 2019RentedNew contract
AED 95,000/yr12 months · AED 79 per sqft
2 Apr 2017RentedNew contract
AED 140,000/yr12 months · AED 117 per sqft
2 Apr 2016RentedNew contract
AED 152,250/yr12 months · AED 127 per sqft
2 Apr 2015RentedNew contract
AED 145,000/yr12 months · AED 121 per sqft
28 Aug 2014RentedNew contract
AED 140,000/yr12 months · AED 117 per sqft

Source: Dubai Land Department. Updated 8 March 2023.

Key facts

Type
2-bed apartment
Size
1,199 sqft
Floor
40th of 47
Parking
B4-74,B4-75
Developer
Bay Central Developments
Completed
2012
Service charge
AED 25,900 /yr
Last sold
AED 2.79M · May 2009

About 4002, Bay Central - Central Tower

4002 is a two-bedroom apartment of 1,199 sqft on the 40th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. The developer sold it on 6 May 2009 for AED 2,789,484, or AED 2,327 per sqft, 12% above the AED 2,084 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 8 March 2023, is AED 100,000 a year: a gross yield of 3.6% on the 2009 price, before the service charge of about AED 25,900 a year.

Sales and rents for 4002 over time

Sales
Unit 4002, each saleTypical two-bed in Bay Central - Central Tower
1M2M3M2009201420192024Typical 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, May 2009: AED 2,789,484 (AED 2,327 per sqft)

4002 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4002, 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, August 2013: AED 120,000 a yearNew contract, August 2014: AED 140,000 a yearNew contract, April 2015: AED 145,000 a yearNew contract, April 2016: AED 152,250 a yearNew contract, April 2017: AED 140,000 a yearNew contract, April 2019: AED 95,000 a yearRenewal, April 2020: AED 95,004 a yearNew contract, August 2020: AED 75,000 a yearNew contract, March 2023: AED 100,000 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 4002 sits

All 50 2-beds →

4002 last sold in May 2009 at AED 2,327 per sqft, 12% above what two-beds in Bay Central - Central Tower were fetching at the time (AED 2,084). 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. 4002's AED 100,000 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
40012-bedAED 1.4M · Oct 2013
40032-bedAED 840K · Sep 2017
40042-bedAED 1.78M · May 2023
40053-bedAED 3.05M · May 2023
40063-bedAED 3.75M · Oct 2009

4002, Bay Central - Central Tower in numbers

  • Sold once: by Bay Central Developments on 6 May 2009 for AED 2,789,484, or AED 2,327 per sqft.
  • Rented since August 2013 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 75,000 in 2020 and recovered to AED 100,000 by March 2023.
  • At AED 100,000 a year the gross yield on the 2009 price is 3.6%, 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 8 March 2023.

Questions about 4002, Bay Central - Central Tower

What did unit 4002 last sell for?

AED 2,789,484 on 6 May 2009, sold by the developer: AED 2,327 per sqft for 1,199 sqft. It is the only registered sale of the unit.

What is the rent for unit 4002?

AED 100,000 a year on the contract signed on 8 March 2023. The previous contract, from August 2020, was AED 75,000; the unit has been rented since August 2013.

How big is unit 4002?

1,199 sqft (111.4 sqm): a two-bedroom apartment on the 40th floor of a 47-storey tower completed in 2012.

What is unit 4002 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 4002, Bay Central - Central Tower

Starts from the last sale price (AED 2.79M, 6 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,789,484
Deposit, UAE resident (20%)
AED 557,897
Deposit, non-resident (40%)
AED 1,115,794
Monthly over 25 years at 3.7%
AED 11,413

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