1-bed · 705 sqftBay Central - Central Tower, Dubai Marina · 5th floor · completed 2012

502, Bay Central - Central Tower

Sold prices and rental history: sold twice, last in April 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 5 April 2023
Last soldAED 1.4M5 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Bay Central - Central Tower

What is 502 worth today?

Last sold for AED 1,400,000 in 2023

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5 Apr 2023SoldReady
AED 1,400,000AED 1,986 per sqft
6 May 2009Sold by developerOff-plan
AED 1,763,082AED 2,501 per sqft

Source: Dubai Land Department. Updated 5 April 2023.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
5th of 47
Parking
B5-48
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.4M · April 2023

About 502, Bay Central - Central Tower

502 is a one-bedroom apartment of 705 sqft on the 5th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 5 April 2023 for AED 1,400,000, or AED 1,986 per sqft, 6% above the AED 1,874 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales
Unit 502, 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, May 2009: AED 1,763,082 (AED 2,501 per sqft)Sold, April 2023: AED 1,400,000 (AED 1,986 per sqft)

502 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, 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 85,900

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 502 sits

All 302 1-beds →

502 last sold in April 2023 at AED 1,986 per sqft, 6% above what one-beds in Bay Central - Central Tower were fetching at the time (AED 1,874). 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.

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
5011-bedAED 850K · Apr 2021
5031-bedAED 1.15M · Feb 2017
5041-bedAED 1.74M · Jun 2025
5051-bedAED 1.02M · Mar 2019
5061-bedAED 1.6M · Apr 2026
5071-bedAED 1.2M · Oct 2018
5081-bedAED 1.25M · Oct 2013
1–7 of 9

502, Bay Central - Central Tower in numbers

  • Sold twice: first on 6 May 2009 for AED 1,763,082, last on 5 April 2023 for AED 1,400,000 (AED 1,986 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 5 April 2023.

Questions about 502, Bay Central - Central Tower

What did unit 502 last sell for?

AED 1,400,000 on 5 April 2023: AED 1,986 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 1,763,082 in May 2009.

How big is unit 502?

705 sqft (65.5 sqm): a one-bedroom apartment on the 5th floor of a 47-storey tower completed in 2012.

What is unit 502 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 502, Bay Central - Central Tower

Starts from the last sale price (AED 1.4M, 5 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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