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

407, Bay Central - Central Tower

Sold prices and rental history: sold 4 times, last in June 2015, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 25 November 2022
Last soldAED 1.33M1 June 2015
Current rentAED 88K /yr25 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Bay Central - Central Tower

What is 407 worth today?

Last sold for AED 1,325,000 in 2015

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25 Nov 2022RentedNew contract
AED 88,000/yr12 months · AED 126 per sqft
1 Jun 2015SoldReady
AED 1,325,000AED 1,880 per sqft
28 Aug 2014RentedNew contract
AED 95,000/yr12 months · AED 136 per sqft
27 Aug 2014SoldReady
AED 1,740,000AED 2,469 per sqft
13 Aug 2014SoldReady
AED 1,620,745AED 2,299 per sqft
7 Oct 2009Sold by developerOff-plan
AED 1,620,745AED 2,299 per sqft

Source: Dubai Land Department. Updated 25 November 2022.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
4th of 47
Parking
B5-43
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.33M · June 2015

About 407, Bay Central - Central Tower

407 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 1 June 2015 for AED 1,325,000, or AED 1,880 per sqft, 15% below the AED 2,208 one-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 25 November 2022, is AED 88,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 15,300 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, October 2009: AED 1,620,745 (AED 2,299 per sqft)Sold, August 2014: AED 1,740,000 (AED 2,469 per sqft)Sold, August 2014: AED 1,620,745 (AED 2,299 per sqft)Sold, June 2015: AED 1,325,000 (AED 1,880 per sqft)

407 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, 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, August 2014: AED 95,000 a yearNew contract, November 2022: AED 88,000 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 407 sits

All 302 1-beds →

407 last sold in June 2015 at AED 1,880 per sqft, 15% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 2,208). 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. 407's AED 88,000 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
4031-bedAED 1.1M · Mar 2016
4041-bedAED 1.52M · Apr 2025
4051-bedAED 970K · Apr 2022
4061-bedAED 942K · Aug 2013
4081-bedAED 1.8M · Apr 2024
1–7 of 9

407, Bay Central - Central Tower in numbers

  • Sold 4 times: first on 7 October 2009 for AED 1,620,745, last on 1 June 2015 for AED 1,325,000 (AED 1,880 per sqft).
  • Rented since August 2014 on 2 Ejari contracts, from AED 95,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2015 price is 6.6%, 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 25 November 2022.

Questions about 407, Bay Central - Central Tower

What did unit 407 last sell for?

AED 1,325,000 on 1 June 2015: AED 1,880 per sqft for 705 sqft. The unit has 4 registered sales; the first was AED 1,620,745 in October 2009.

What is the rent for unit 407?

AED 88,000 a year on the contract signed on 25 November 2022. The previous contract, from August 2014, was AED 95,000.

How big is unit 407?

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

What is unit 407 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 407, Bay Central - Central Tower

Starts from the last sale price (AED 1.33M, 1 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,325,000
Deposit, UAE resident (20%)
AED 265,000
Deposit, non-resident (40%)
AED 530,000
Monthly over 25 years at 3.7%
AED 5,421

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