2-bed · 1,199 sqftBay Central - Central Tower, Dubai Marina · 45th floor · completed 2012

4502, Bay Central - Central Tower

Sold prices and rental history: sold 3 times, last in November 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4502 · DLD and Ejari recordsUpdated 7 September 2021
Last soldAED 1.05M2 November 2020
Current rentAED 90K /yr7 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4502, Bay Central - Central Tower

What is 4502 worth today?

Last sold for AED 1,050,000 in 2020

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7 Sep 2021RentedNew contract
AED 90,000/yr12 months · AED 75 per sqft
2 Nov 2020SoldReady
AED 1,050,000AED 876 per sqft
7 Sep 2020RentedRenewal
AED 90,000/yr12 months · AED 75 per sqft
7 Sep 2019RentedRenewal
AED 115,000/yr12 months · AED 96 per sqft
7 Sep 2018RentedRenewal
AED 120,000/yr12 months · AED 100 per sqft
7 Sep 2017RentedNew contract
AED 125,000/yr12 months · AED 104 per sqft
6 Mar 2017RentedRenewal
AED 135,000/yr6 months · AED 113 per sqft
6 Mar 2016RentedNew contract
AED 135,000/yr12 months · AED 113 per sqft

Source: Dubai Land Department. Updated 7 September 2021.

Key facts

Type
2-bed apartment
Size
1,199 sqft
Floor
45th of 47
Parking
L1-28
Developer
Bay Central Developments
Completed
2012
Service charge
AED 25,900 /yr
Last sold
AED 1.05M · November 2020

About 4502, Bay Central - Central Tower

4502 is a two-bedroom apartment of 1,199 sqft on the 45th 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 November 2020 for AED 1,050,000, or AED 876 per sqft, 3% below the AED 907 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 7 September 2021, is AED 90,000 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 25,900 a year.

Sales and rents for 4502 over time

Sales
Unit 4502, each saleTypical two-bed in Bay Central - Central Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 2,074,311; 2012 AED 1,417,069; 2013 AED 1,696,084; 2014 AED 2,124,839; 2015 AED 2,116,800; 2017 AED 2,650,000; 2020 AED 1,090,000; 2021 AED 1,310,000; 2022 AED 1,700,000; 2023 AED 1,847,500; 2025 AED 2,365,000Sold by developer, May 2009: AED 1,870,092 (AED 1,560 per sqft)Sold, March 2013: AED 1,870,092 (AED 1,560 per sqft)Sold, November 2020: AED 1,050,000 (AED 876 per sqft)

4502 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4502, each contractTypical two-bed in Bay Central - Central Tower
100K150K2013201720212025Typical rent by year: 2013 AED 117,500; 2014 AED 130,625; 2015 AED 135,000; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 125,000; 2019 AED 101,965; 2020 AED 84,229; 2021 AED 81,000; 2022 AED 90,000; 2023 AED 99,220; 2024 AED 120,750; 2025 AED 120,375; 2026 AED 123,000New contract, February 2014: AED 120,000 a yearNew contract, February 2015: AED 132,000 a yearNew contract, March 2016: AED 135,000 a yearRenewal, March 2017: AED 135,000 a yearNew contract, September 2017: AED 125,000 a yearRenewal, September 2018: AED 120,000 a yearRenewal, September 2019: AED 115,000 a yearRenewal, September 2020: AED 90,000 a yearNew contract, September 2021: AED 90,000 a year

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

2-beds in Bay Central - Central Tower, and where 4502 sits

All 50 2-beds →

4502 last sold in November 2020 at AED 876 per sqft, 3% below what two-beds in Bay Central - Central Tower were fetching at the time (AED 907). Over the last 12 months two-beds sold for AED 2,850,000, around AED 2,377 per sqft, and rent for AED 95,000 to 235,000 a year. 4502's AED 90,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Dec 20252,850,000
22 Sep 20252,365,000
30 Jul 20252,350,000
10 Aug 20231,915,000
1 2-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
45012-bedAED 1.85M · Jul 2022
45032-bedAED 2.55M · Mar 2009
45042-bedAED 1.65M · Mar 2015
45053-bedAED 2.95M · Oct 2023
45063-bedAED 2.3M · Nov 2025

4502, Bay Central - Central Tower in numbers

  • Sold 3 times: first on 27 May 2009 for AED 1,870,092, last on 2 November 2020 for AED 1,050,000 (AED 876 per sqft).
  • Rented since February 2014 on 9 Ejari contracts, from AED 120,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2020 price is 8.6%, before a service charge of about AED 25,900 a year (AED 21.65 per sqft).
  • Two-beds in Bay Central - Central Tower sold for AED 2,850,000–2,850,000 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 7 September 2021.

Questions about 4502, Bay Central - Central Tower

What did unit 4502 last sell for?

AED 1,050,000 on 2 November 2020: AED 876 per sqft for 1,199 sqft. The unit has 3 registered sales; the first was AED 1,870,092 in May 2009.

What is the rent for unit 4502?

AED 90,000 a year on the contract signed on 7 September 2021. The previous contract, from September 2020, was AED 90,000; the unit has been rented since February 2014.

How big is unit 4502?

1,199 sqft (111.4 sqm): a two-bedroom apartment on the 45th floor of a 47-storey tower completed in 2012.

What is unit 4502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bay Central - Central Tower sold for AED 2,850,000 to 2,850,000 in the last 12 months, around AED 2,377 per sqft.

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Mortgage on 4502, Bay Central - Central Tower

Starts from the last sale price (AED 1.05M, 2 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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