2-bed · 1,226 sqftBay Central - Central Tower, Dubai Marina · 46th floor · completed 2012

4603, Bay Central - Central Tower

Sold prices and rental history: sold 4 times, last in January 2018, and rented once, from August 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 4603 · DLD and Ejari recordsUpdated 4 January 2018
Last soldAED 2M4 January 2018
Current rentAED 80K /yr6 August 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 4603, Bay Central - Central Tower

What is 4603 worth today?

Last sold for AED 2,000,000 in 2018

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4 Jan 2018SoldReady
AED 2,000,000AED 1,630 per sqft
6 Aug 2013SoldReady
AED 2,036,380AED 1,660 per sqft
6 Aug 2013RentedNew contract
AED 80,000/yr12 months · AED 65 per sqft
16 Jul 2013SoldReady
AED 1,431,648AED 1,167 per sqft
27 May 2009Sold by developerOff-plan
AED 1,431,648AED 1,167 per sqft

Source: Dubai Land Department. Updated 4 January 2018.

Key facts

Type
2-bed apartment
Size
1,226 sqft
Floor
46th of 47
Parking
L1-35
Developer
Bay Central Developments
Completed
2012
Service charge
AED 26,600 /yr
Last sold
AED 2M · January 2018

About 4603, Bay Central - Central Tower

4603 is a two-bedroom apartment of 1,226 sqft on the 46th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 4 January 2018 for AED 2,000,000, or AED 1,630 per sqft, in line with the AED 1,665 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 August 2013. The current contract, signed on 6 August 2013, is AED 80,000 a year: a gross yield of 4.0% on the 2018 price, before the service charge of about AED 26,600 a year.

Sales and rents for 4603 over time

Sales
Unit 4603, 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 1,431,648 (AED 1,167 per sqft)Sold, July 2013: AED 1,431,648 (AED 1,167 per sqft)Sold, August 2013: AED 2,036,380 (AED 1,660 per sqft)Sold, January 2018: AED 2,000,000 (AED 1,630 per sqft)

4603 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 4603, 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, August 2013: AED 80,000 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 4603 sits

All 50 2-beds →

4603 last sold in January 2018 at AED 1,630 per sqft, in line with what two-beds in Bay Central - Central Tower were fetching at the time (AED 1,665). 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. 4603's AED 80,000 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
46012-bedAED 2M · Aug 2022
46022-bedAED 2.5M · May 2009
46042-bedAED 1.59M · Oct 2013
46053-bedAED 3.15M · May 2009
46063-bedAED 3.05M · Nov 2024

4603, Bay Central - Central Tower in numbers

  • Sold 4 times: first on 27 May 2009 for AED 1,431,648, last on 4 January 2018 for AED 2,000,000 (AED 1,630 per sqft).
  • Rented since August 2013 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2018 price is 4.0%, before a service charge of about AED 26,600 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 4 January 2018.

Questions about 4603, Bay Central - Central Tower

What did unit 4603 last sell for?

AED 2,000,000 on 4 January 2018: AED 1,630 per sqft for 1,226 sqft. The unit has 4 registered sales; the first was AED 1,431,648 in May 2009.

What is the rent for unit 4603?

AED 80,000 a year on the contract signed on 6 August 2013.

How big is unit 4603?

1,226 sqft (113.9 sqm): a two-bedroom apartment on the 46th floor of a 47-storey tower completed in 2012.

What is unit 4603 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 4603, Bay Central - Central Tower

Starts from the last sale price (AED 2M, 4 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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