3-bed · 1,520 sqftBay Central - Central Tower, Dubai Marina · 45th floor · completed 2012

4505, Bay Central - Central Tower

Sold prices and rental history: sold 4 times, last in October 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4505 · DLD and Ejari recordsUpdated 24 October 2023
Last soldAED 2.95M24 October 2023
Current rentAED 115K /yr1 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4505, Bay Central - Central Tower

What is 4505 worth today?

Last sold for AED 2,950,000 in 2023

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24 Oct 2023SoldReady
AED 2,950,000AED 1,940 per sqft
1 Sep 2021RentedNew contract
AED 115,000/yr12 months · AED 76 per sqft
1 Aug 2020RentedRenewal
AED 115,000/yr12 months · AED 76 per sqft
1 Aug 2019RentedRenewal
AED 130,000/yr12 months · AED 86 per sqft
1 Aug 2018RentedRenewal
AED 165,000/yr12 months · AED 109 per sqft
1 Aug 2017RentedNew contract
AED 169,125/yr12 months · AED 111 per sqft
1 Aug 2016RentedNew contract
AED 165,000/yr12 months · AED 109 per sqft
17 Sep 2014RentedNew contract
AED 185,000/yr12 months · AED 122 per sqft

Source: Dubai Land Department. Updated 24 October 2023.

Key facts

Type
3-bed apartment
Size
1,520 sqft
Floor
45th of 47
Parking
L1-31
Developer
Bay Central Developments
Completed
2012
Service charge
AED 32,900 /yr
Last sold
AED 2.95M · October 2023

About 4505, Bay Central - Central Tower

4505 is a three-bedroom apartment of 1,520 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 24 October 2023 for AED 2,950,000, or AED 1,940 per sqft, in line with the AED 1,940 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 September 2021, is AED 115,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 32,900 a year.

Sales and rents for 4505 over time

Sales
Unit 4505, each saleTypical three-bed in Bay Central - Central Tower
2M3M20092013201720212025Typical sale price by year: 2009 AED 3,386,269; 2012 AED 2,343,386; 2013 AED 2,445,936; 2014 AED 2,750,000; 2021 AED 1,950,000; 2022 AED 2,564,000; 2023 AED 2,950,000; 2024 AED 2,875,000Sold by developer, October 2012: AED 2,218,804 (AED 1,459 per sqft)Sold, September 2013: AED 2,218,804 (AED 1,459 per sqft)Sold, September 2014: AED 2,750,000 (AED 1,809 per sqft)Sold, October 2023: AED 2,950,000 (AED 1,940 per sqft)

4505 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 4505, each contractTypical three-bed in Bay Central - Central Tower
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 165,000; 2015 AED 172,500; 2016 AED 170,000; 2017 AED 167,063; 2018 AED 160,000; 2019 AED 125,000; 2020 AED 115,000; 2021 AED 101,436; 2022 AED 130,000; 2023 AED 146,250; 2024 AED 185,000; 2025 AED 186,250; 2026 AED 155,000New contract, April 2013: AED 145,000 a yearNew contract, September 2014: AED 185,000 a yearNew contract, August 2016: AED 165,000 a yearNew contract, August 2017: AED 169,125 a yearRenewal, August 2018: AED 165,000 a yearRenewal, August 2019: AED 130,000 a yearRenewal, August 2020: AED 115,000 a yearNew contract, September 2021: AED 115,000 a year

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

3-beds in Bay Central - Central Tower, and where 4505 sits

All 24 3-beds →

4505 last sold in October 2023 at AED 1,940 per sqft, in line with what three-beds in Bay Central - Central Tower were fetching at the time (AED 1,940). Over the last 12 months three-beds sold for AED 2,300,000, around AED 1,476 per sqft, and rent for AED 120,000 to 275,000 a year. 4505's AED 115,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
20 Nov 20252,300,000
22 Sep 20252,650,000
25 Nov 20243,050,000
25 Nov 20243,050,000
1 3-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
45022-bedAED 1.05M · Nov 2020
45032-bedAED 2.55M · Mar 2009
45042-bedAED 1.65M · Mar 2015
45063-bedAED 2.3M · Nov 2025

4505, Bay Central - Central Tower in numbers

  • Sold 4 times: first on 17 October 2012 for AED 2,218,804, last on 24 October 2023 for AED 2,950,000 (AED 1,940 per sqft).
  • Rented since April 2013 on 8 Ejari contracts, from AED 145,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 32,900 a year (AED 21.65 per sqft).
  • Three-beds in Bay Central - Central Tower sold for AED 2,300,000–2,300,000 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 24 October 2023.

Questions about 4505, Bay Central - Central Tower

What did unit 4505 last sell for?

AED 2,950,000 on 24 October 2023: AED 1,940 per sqft for 1,520 sqft. The unit has 4 registered sales; the first was AED 2,218,804 in October 2012.

What is the rent for unit 4505?

AED 115,000 a year on the contract signed on 1 September 2021. The previous contract, from August 2020, was AED 115,000; the unit has been rented since April 2013.

How big is unit 4505?

1,520 sqft (141.2 sqm): a three-bedroom apartment on the 45th floor of a 47-storey tower completed in 2012.

What is unit 4505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Bay Central - Central Tower sold for AED 2,300,000 to 2,300,000 in the last 12 months, around AED 1,476 per sqft.

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Mortgage on 4505, Bay Central - Central Tower

Starts from the last sale price (AED 2.95M, 24 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,950,000
Deposit, UAE resident (20%)
AED 590,000
Deposit, non-resident (40%)
AED 1,180,000
Monthly over 25 years at 3.7%
AED 12,069

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