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

408, Bay Central - Central Tower

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 1.8M29 April 2024
Current rentAED 95K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Bay Central - Central Tower

What is 408 worth today?

Last sold for AED 1,800,000 in 2024

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15 Aug 2026RentedNew contract
AED 95,000/yr12 months · AED 110 per sqft
25 Apr 2025RentedNew contract
AED 125,000/yr12 months · AED 145 per sqft
29 Apr 2024SoldReady
AED 1,800,000AED 2,101 per sqft
29 Apr 2024SoldReady
AED 1,800,000AED 2,101 per sqft
5 Jun 2023RentedNew contract
AED 72,977/yr9 months · AED 85 per sqft
5 Jun 2022RentedRenewal
AED 73,500/yr12 months · AED 86 per sqft
5 Jun 2021RentedRenewal
AED 70,000/yr12 months · AED 82 per sqft
5 Jun 2020RentedNew contract
AED 70,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
4th of 47
Parking
B5-44
Developer
Bay Central Developments
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 1.8M · April 2024

About 408, Bay Central - Central Tower

408 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 29 April 2024 for AED 1,800,000, or AED 2,101 per sqft, 9% below the AED 2,304 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, signed on 15 August 2026, is AED 95,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 18,500 a year.

Sales and rents for 408 over time

Sales
Unit 408, each saleTypical one-bed in Bay Central - Central Tower
1M2M2009201420192024Typical 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, April 2009: AED 2,056,585 (AED 2,400 per sqft)Sold, April 2024: AED 1,800,000 (AED 2,101 per sqft)Sold, April 2024: AED 1,800,000 (AED 2,101 per sqft)

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

Rents
Unit 408, each contractTypical one-bed in Bay Central - Central Tower
100K2012201620202024Typical 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, May 2015: AED 115,000 a yearNew contract, May 2017: AED 115,000 a yearRenewal, May 2018: AED 115,000 a yearRenewal, May 2019: AED 90,000 a yearNew contract, June 2020: AED 70,000 a yearRenewal, June 2021: AED 70,000 a yearRenewal, June 2022: AED 73,500 a yearNew contract, June 2023: AED 72,977 a yearNew contract, April 2025: AED 125,000 a yearNew contract, August 2026: AED 95,000 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 408 sits

All 302 1-beds →

408 last sold in April 2024 at AED 2,101 per sqft, 9% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 2,304). 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. 408's AED 95,000 is in the upper 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
4071-bedAED 1.33M · Jun 2015
1–7 of 9

408, Bay Central - Central Tower in numbers

  • Sold 3 times: first on 26 April 2009 for AED 2,056,585, last on 29 April 2024 for AED 1,800,000 (AED 2,101 per sqft).
  • Rented since December 2013 on 11 Ejari contracts. The rent fell from AED 944,920 to AED 70,000 in 2021 and recovered to AED 95,000 by August 2026.
  • At AED 95,000 a year the gross yield on the 2024 price is 5.3%, 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 15 August 2026.

Questions about 408, Bay Central - Central Tower

What did unit 408 last sell for?

AED 1,800,000 on 29 April 2024: AED 2,101 per sqft for 857 sqft. The unit has 3 registered sales; the first was AED 2,056,585 in April 2009.

What is the rent for unit 408?

AED 95,000 a year on the contract signed on 15 August 2026. The previous contract, from April 2025, was AED 125,000; the unit has been rented since December 2013.

How big is unit 408?

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

What is unit 408 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 408, Bay Central - Central Tower

Starts from the last sale price (AED 1.8M, 29 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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