1-bed · 705 sqftBay Central - Central Tower, Dubai Marina · 4th floor · completed 2012

402, Bay Central - Central Tower

Sold prices and rental history: sold twice, last in October 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 1.23M27 October 2015
Current rentAED 86K /yr20 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Bay Central - Central Tower

What is 402 worth today?

Last sold for AED 1,225,000 in 2015

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20 Dec 2024RentedNew contract
AED 86,000/yr12 months · AED 123 per sqft
20 Dec 2024RentedNew contract
AED 86,000/yr12 months · AED 123 per sqft
20 Aug 2024RentedRenewal
AED 84,000/yr3 months · AED 120 per sqft
20 Aug 2024RentedRenewal
AED 84,000/yr3 months · AED 120 per sqft
20 Aug 2023RentedRenewal
AED 80,000/yr12 months · AED 114 per sqft
20 Aug 2022RentedNew contract
AED 80,000/yr12 months · AED 114 per sqft
26 Jan 2022RentedRenewal
AED 48,000/yr12 months · AED 69 per sqft
26 Jan 2021RentedNew contract
AED 46,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 20 December 2024.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
4th of 47
Parking
B5-38
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.23M · October 2015

About 402, Bay Central - Central Tower

402 is a one-bedroom apartment of 705 sqft on the 4th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 27 October 2015 for AED 1,225,000, or AED 1,738 per sqft, 19% below the AED 2,134 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, signed on 20 December 2024, is AED 86,000 a year: a gross yield of 7.0% on the 2015 price, before the service charge of about AED 15,300 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical one-bed in Bay Central - Central Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,324,054; 2010 AED 1,100,376; 2011 AED 956,136; 2012 AED 910,800; 2013 AED 1,074,997; 2014 AED 1,490,963; 2015 AED 1,415,554; 2016 AED 1,300,000; 2017 AED 1,370,000; 2018 AED 1,212,000; 2019 AED 1,022,500; 2020 AED 830,000; 2021 AED 950,000; 2022 AED 1,260,000; 2023 AED 1,462,500; 2024 AED 1,585,000; 2025 AED 1,700,000; 2026 AED 1,697,500Sold by developer, May 2009: AED 1,706,526 (AED 2,421 per sqft)Sold, October 2015: AED 1,225,000 (AED 1,738 per sqft)

402 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 402, each contractTypical one-bed in Bay Central - Central Tower
50K75K100K2012201620202024Typical rent by year: 2012 AED 70,000; 2013 AED 80,000; 2014 AED 90,555; 2015 AED 95,000; 2016 AED 95,000; 2017 AED 95,000; 2018 AED 88,000; 2019 AED 78,825; 2020 AED 65,000; 2021 AED 63,000; 2022 AED 75,000; 2023 AED 85,000; 2024 AED 90,000; 2025 AED 90,650; 2026 AED 85,900New contract, November 2015: AED 95,000 a yearNew contract, September 2017: AED 80,000 a yearRenewal, September 2018: AED 78,000 a yearNew contract, October 2019: AED 75,000 a yearNew contract, January 2021: AED 46,000 a yearRenewal, January 2022: AED 48,000 a yearNew contract, August 2022: AED 80,000 a yearRenewal, August 2023: AED 80,000 a yearRenewal, August 2024: AED 84,000 a yearRenewal, August 2024: AED 84,000 a yearNew contract, December 2024: AED 86,000 a yearNew contract, December 2024: AED 86,000 a year

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

1-beds in Bay Central - Central Tower, and where 402 sits

All 302 1-beds →

402 last sold in October 2015 at AED 1,738 per sqft, 19% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 2,134). Over the last 12 months one-beds sold for AED 1,225,000 to 2,130,000, around AED 2,404 per sqft, and rent for AED 28,000 to 150,000 a year. 402's AED 86,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Oct 20261,880,000
24 Sep 20261,611,000
30 Jul 20263,800
17 Apr 20261,600,000
16 1-bed sales 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
4011-bedAED 750K · Jul 2020
4031-bedAED 1.1M · Mar 2016
4041-bedAED 1.52M · Apr 2025
4051-bedAED 970K · Apr 2022
4061-bedAED 942K · Aug 2013
4071-bedAED 1.33M · Jun 2015
4081-bedAED 1.8M · Apr 2024
1–7 of 9

402, Bay Central - Central Tower in numbers

  • Sold twice: first on 6 May 2009 for AED 1,706,526, last on 27 October 2015 for AED 1,225,000 (AED 1,738 per sqft).
  • Rented since November 2015 on 12 Ejari contracts. The rent fell from AED 95,000 to AED 46,000 in 2021 and recovered to AED 86,000 by December 2024.
  • At AED 86,000 a year the gross yield on the 2015 price is 7.0%, before a service charge of about AED 15,300 a year (AED 21.65 per sqft).
  • One-beds in Bay Central - Central Tower sold for AED 1,225,000–2,130,000 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 20 December 2024.

Questions about 402, Bay Central - Central Tower

What did unit 402 last sell for?

AED 1,225,000 on 27 October 2015: AED 1,738 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 1,706,526 in May 2009.

What is the rent for unit 402?

AED 86,000 a year on the contract signed on 20 December 2024. The previous contract, from December 2024, was AED 86,000; the unit has been rented since November 2015.

How big is unit 402?

705 sqft (65.5 sqm): a one-bedroom apartment on the 4th floor of a 47-storey tower completed in 2012.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bay Central - Central Tower sold for AED 1,225,000 to 2,130,000 in the last 12 months, around AED 2,404 per sqft.

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Mortgage on 402, Bay Central - Central Tower

Starts from the last sale price (AED 1.23M, 27 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,225,000
Deposit, UAE resident (20%)
AED 245,000
Deposit, non-resident (40%)
AED 490,000
Monthly over 25 years at 3.7%
AED 5,012

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