2-bed · 1,226 sqftBay Central - Central Tower, Dubai Marina · 40th floor · completed 2012

4003, Bay Central - Central Tower

Sold prices and rental history: sold 3 times, last in September 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4003 · DLD and Ejari recordsUpdated 28 September 2017
Last soldAED 840K28 September 2017
Current rentAED 108K /yr15 February 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4003, Bay Central - Central Tower

What is 4003 worth today?

Last sold for AED 840,000 in 2017

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28 Sep 2017SoldReady
AED 840,000AED 684 per sqft
15 Feb 2016RentedRenewal
AED 108,000/yr12 months · AED 88 per sqft
15 Feb 2015RentedNew contract
AED 108,000/yr12 months · AED 88 per sqft
16 Feb 2014RentedNew contract
AED 108,000/yr12 months · AED 88 per sqft
29 May 2013SoldReady
AED 1,859,092AED 1,515 per sqft
16 Feb 2013RentedNew contract
AED 108,000/yr12 months · AED 88 per sqft
27 May 2009Sold by developerOff-plan
AED 1,859,092AED 1,515 per sqft

Source: Dubai Land Department. Updated 28 September 2017.

Key facts

Type
2-bed apartment
Size
1,226 sqft
Floor
40th of 47
Parking
M-27
Developer
Bay Central Developments
Completed
2012
Service charge
AED 26,600 /yr
Last sold
AED 840K · September 2017

About 4003, Bay Central - Central Tower

4003 is a two-bedroom apartment of 1,226 sqft on the 40th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 28 September 2017 for AED 840,000, or AED 684 per sqft, 60% below the AED 1,721 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 15 February 2016, is AED 108,000 a year: a gross yield of 12.9% on the 2017 price, before the service charge of about AED 26,600 a year.

Sales and rents for 4003 over time

Sales
Unit 4003, 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, May 2009: AED 1,859,092 (AED 1,515 per sqft)Sold, May 2013: AED 1,859,092 (AED 1,515 per sqft)Sold, September 2017: AED 840,000 (AED 684 per sqft)

4003 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4003, 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, February 2013: AED 108,000 a yearNew contract, February 2014: AED 108,000 a yearNew contract, February 2015: AED 108,000 a yearRenewal, February 2016: AED 108,000 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 4003 sits

All 50 2-beds →

4003 last sold in September 2017 at AED 684 per sqft, 60% below what two-beds in Bay Central - Central Tower were fetching at the time (AED 1,721). 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. 4003's AED 108,000 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
40022-bedAED 2.79M · May 2009
40042-bedAED 1.78M · May 2023
40053-bedAED 3.05M · May 2023
40063-bedAED 3.75M · Oct 2009

4003, Bay Central - Central Tower in numbers

  • Sold 3 times: first on 27 May 2009 for AED 1,859,092, last on 28 September 2017 for AED 840,000 (AED 684 per sqft).
  • Rented since February 2013 on 4 Ejari contracts, at AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2017 price is 12.9%, 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 28 September 2017.

Questions about 4003, Bay Central - Central Tower

What did unit 4003 last sell for?

AED 840,000 on 28 September 2017: AED 684 per sqft for 1,226 sqft. The unit has 3 registered sales; the first was AED 1,859,092 in May 2009.

What is the rent for unit 4003?

AED 108,000 a year on the contract renewed on 15 February 2016. The previous contract, from February 2015, was AED 108,000; the unit has been rented since February 2013.

How big is unit 4003?

1,226 sqft (113.9 sqm): a two-bedroom apartment on the 40th floor of a 47-storey tower completed in 2012.

What is unit 4003 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 4003, Bay Central - Central Tower

Starts from the last sale price (AED 840K, 28 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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