3-bed · 1,520 sqftBay Central - Central Tower, Dubai Marina · 40th floor · completed 2012

4005, Bay Central - Central Tower

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4005 · DLD and Ejari recordsUpdated 10 May 2023
Last soldAED 3.05M10 May 2023
Current rentAED 105K /yr5 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4005, Bay Central - Central Tower

What is 4005 worth today?

Last sold for AED 3,050,000 in 2023

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10 May 2023SoldReady
AED 3,050,000AED 2,006 per sqft
9 Mar 2021SoldReady
AED 1,500,000AED 986 per sqft
5 Jan 2021RentedRenewal
AED 105,000/yr12 months · AED 69 per sqft
5 Jan 2020RentedNew contract
AED 122,000/yr12 months · AED 80 per sqft
7 Nov 2017RentedNew contract
AED 150,000/yr12 months · AED 99 per sqft
5 Jun 2016RentedNew contract
AED 165,000/yr12 months · AED 109 per sqft
20 Apr 2015RentedNew contract
AED 190,000/yr12 months · AED 125 per sqft
1 Aug 2014RentedNew contract
AED 165,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 10 May 2023.

Key facts

Type
3-bed apartment
Size
1,520 sqft
Floor
40th of 47
Parking
M-29 , G-101
Developer
Bay Central Developments
Completed
2012
Service charge
AED 32,900 /yr
Last sold
AED 3.05M · May 2023

About 4005, Bay Central - Central Tower

4005 is a three-bedroom apartment of 1,520 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 10 May 2023 for AED 3,050,000, or AED 2,006 per sqft, 20% above the AED 1,669 three-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 5 January 2021, is AED 105,000 a year: a gross yield of 3.4% on the 2023 price, before the service charge of about AED 32,900 a year.

Sales and rents for 4005 over time

Sales
Unit 4005, each saleTypical three-bed in Bay Central - Central Tower
2M3M4M20092013201720212025Typical sale price by year: 2009 AED 3,386,269; 2012 AED 2,343,386; 2013 AED 2,445,936; 2014 AED 2,750,000; 2021 AED 1,950,000; 2022 AED 2,564,000; 2023 AED 2,950,000; 2024 AED 2,875,000Sold by developer, May 2009: AED 3,679,768 (AED 2,421 per sqft)Sold, March 2021: AED 1,500,000 (AED 986 per sqft)Sold, May 2023: AED 3,050,000 (AED 2,006 per sqft)

4005 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4005, each contractTypical three-bed in Bay Central - Central Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 165,000; 2015 AED 172,500; 2016 AED 170,000; 2017 AED 167,063; 2018 AED 160,000; 2019 AED 125,000; 2020 AED 115,000; 2021 AED 101,436; 2022 AED 130,000; 2023 AED 146,250; 2024 AED 185,000; 2025 AED 186,250; 2026 AED 155,000New contract, August 2013: AED 150,000 a yearNew contract, August 2014: AED 165,000 a yearNew contract, April 2015: AED 190,000 a yearNew contract, June 2016: AED 165,000 a yearNew contract, November 2017: AED 150,000 a yearNew contract, January 2020: AED 122,000 a yearRenewal, January 2021: AED 105,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Bay Central - Central Tower, and where 4005 sits

All 24 3-beds →

4005 last sold in May 2023 at AED 2,006 per sqft, 20% above what three-beds in Bay Central - Central Tower were fetching at the time (AED 1,669). Over the last 12 months three-beds sold for AED 2,300,000, around AED 1,476 per sqft, and rent for AED 120,000 to 275,000 a year. 4005's AED 105,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Nov 20252,300,000
22 Sep 20252,650,000
25 Nov 20243,050,000
25 Nov 20243,050,000
1 3-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
40032-bedAED 840K · Sep 2017
40042-bedAED 1.78M · May 2023
40063-bedAED 3.75M · Oct 2009

4005, Bay Central - Central Tower in numbers

  • Sold 3 times: first on 6 May 2009 for AED 3,679,768, last on 10 May 2023 for AED 3,050,000 (AED 2,006 per sqft).
  • Rented since August 2013 on 7 Ejari contracts, from AED 150,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 price is 3.4%, before a service charge of about AED 32,900 a year (AED 21.65 per sqft).
  • Three-beds in Bay Central - Central Tower sold for AED 2,300,000–2,300,000 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 10 May 2023.

Questions about 4005, Bay Central - Central Tower

What did unit 4005 last sell for?

AED 3,050,000 on 10 May 2023: AED 2,006 per sqft for 1,520 sqft. The unit has 3 registered sales; the first was AED 3,679,768 in May 2009.

What is the rent for unit 4005?

AED 105,000 a year on the contract renewed on 5 January 2021. The previous contract, from January 2020, was AED 122,000; the unit has been rented since August 2013.

How big is unit 4005?

1,520 sqft (141.2 sqm): a three-bedroom apartment on the 40th floor of a 47-storey tower completed in 2012.

What is unit 4005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bay Central - Central Tower sold for AED 2,300,000 to 2,300,000 in the last 12 months, around AED 1,476 per sqft.

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Mortgage on 4005, Bay Central - Central Tower

Starts from the last sale price (AED 3.05M, 10 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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