1-bed · 857 sqftBay Central - Central Tower, Dubai Marina · 4th floor · completed 2012

403, Bay Central - Central Tower

Sold prices and rental history: sold 3 times, last in March 2016, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 26 April 2021
Last soldAED 1.1M2 March 2016
Current rentAED 55K /yr26 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Bay Central - Central Tower

What is 403 worth today?

Last sold for AED 1,100,000 in 2016

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26 Apr 2021RentedNew contract
AED 55,000/yr12 months · AED 64 per sqft
10 May 2019RentedNew contract
AED 65,000/yr12 months · AED 75 per sqft
8 Mar 2016RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
2 Mar 2016SoldReady
AED 1,100,000AED 1,283 per sqft
11 Feb 2013SoldReady
AED 1,028,500AED 1,200 per sqft
26 Sep 2012Sold by developerOff-plan
AED 1,028,500AED 1,200 per sqft

Source: Dubai Land Department. Updated 26 April 2021.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
4th of 47
Parking
B5-39
Developer
Bay Central Developments
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 1.1M · March 2016

About 403, Bay Central - Central Tower

403 is a one-bedroom apartment of 857 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 2 March 2016 for AED 1,100,000, or AED 1,283 per sqft, 32% below the AED 1,900 one-beds in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 26 April 2021, is AED 55,000 a year: a gross yield of 5.0% on the 2016 price, before the service charge of about AED 18,500 a year.

Sales and rents for 403 over time

Sales
Unit 403, 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, September 2012: AED 1,028,500 (AED 1,200 per sqft)Sold, February 2013: AED 1,028,500 (AED 1,200 per sqft)Sold, March 2016: AED 1,100,000 (AED 1,283 per sqft)

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

Rents
Unit 403, each contractTypical one-bed in Bay Central - Central Tower
60K80K100K2012201620202024Typical 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, March 2016: AED 95,000 a yearNew contract, May 2019: AED 65,000 a yearNew contract, April 2021: AED 55,000 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 403 sits

All 302 1-beds →

403 last sold in March 2016 at AED 1,283 per sqft, 32% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,900). 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. 403's AED 55,000 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
4021-bedAED 1.23M · Oct 2015
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

403, Bay Central - Central Tower in numbers

  • Sold 3 times: first on 26 September 2012 for AED 1,028,500, last on 2 March 2016 for AED 1,100,000 (AED 1,283 per sqft).
  • Rented since March 2016 on 3 Ejari contracts, from AED 95,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2016 price is 5.0%, before a service charge of about AED 18,500 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 26 April 2021.

Questions about 403, Bay Central - Central Tower

What did unit 403 last sell for?

AED 1,100,000 on 2 March 2016: AED 1,283 per sqft for 857 sqft. The unit has 3 registered sales; the first was AED 1,028,500 in September 2012.

What is the rent for unit 403?

AED 55,000 a year on the contract signed on 26 April 2021. The previous contract, from May 2019, was AED 65,000; the unit has been rented since March 2016.

How big is unit 403?

857 sqft (79.6 sqm): a one-bedroom apartment on the 4th floor of a 47-storey tower completed in 2012.

What is unit 403 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 403, Bay Central - Central Tower

Starts from the last sale price (AED 1.1M, 2 March 2016). 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 →