1-bed · 651 sqftBay Central - Central Tower, Dubai Marina · 5th floor · completed 2012

510, Bay Central - Central Tower

Sold prices and rental history: sold 6 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 510 · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 1.68M27 May 2024
Current rentAED 63K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Bay Central - Central Tower

What is 510 worth today?

Last sold for AED 1,680,000 in 2024

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27 May 2024SoldReady
AED 1,680,000AED 2,580 per sqft
27 May 2024SoldReady
AED 1,680,000AED 2,580 per sqft
10 Aug 2022SoldReady
AED 1,150,000AED 1,766 per sqft
1 Feb 2022RentedNew contract
AED 63,000/yr12 months · AED 98 per sqft
1 Feb 2021RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
6 Nov 2019SoldReady
AED 1,035,000AED 1,589 per sqft
2 Apr 2019RentedRenewal
AED 83,000/yr12 months · AED 127 per sqft
2 Apr 2017RentedNew contract
AED 95,790/yr12 months · AED 147 per sqft

Source: Dubai Land Department. Updated 27 May 2024.

Key facts

Type
1-bed apartment
Size
651 sqft
Floor
5th of 47
Parking
B5-56
Developer
Bay Central Developments
Completed
2012
Service charge
AED 14,100 /yr
Last sold
AED 1.68M · May 2024

About 510, Bay Central - Central Tower

510 is a one-bedroom apartment of 651 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 27 May 2024 for AED 1,680,000, or AED 2,580 per sqft, 9% above the AED 2,358 one-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 February 2022, is AED 63,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 14,100 a year.

Sales and rents for 510 over time

Sales
Unit 510, 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, April 2009: AED 943,617 (AED 1,449 per sqft)Sold, July 2013: AED 943,617 (AED 1,449 per sqft)Sold, November 2019: AED 1,035,000 (AED 1,589 per sqft)Sold, August 2022: AED 1,150,000 (AED 1,766 per sqft)Sold, May 2024: AED 1,680,000 (AED 2,580 per sqft)Sold, May 2024: AED 1,680,000 (AED 2,580 per sqft)

510 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 510, each contractTypical one-bed in Bay Central - Central Tower
50K75K100K2012201620202024Typical 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, December 2013: AED 75,000 a yearNew contract, March 2014: AED 92,000 a yearNew contract, April 2015: AED 93,000 a yearRenewal, April 2016: AED 97,650 a yearNew contract, April 2017: AED 95,790 a yearRenewal, April 2019: AED 83,000 a yearNew contract, February 2021: AED 50,000 a yearNew contract, February 2022: AED 63,000 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 510 sits

All 302 1-beds →

510 last sold in May 2024 at AED 2,580 per sqft, 9% above what one-beds in Bay Central - Central Tower were fetching at the time (AED 2,358). 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. 510's AED 63,000 is in the lower 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
5011-bedAED 850K · Apr 2021
5021-bedAED 1.4M · Apr 2023
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
1–7 of 9

510, Bay Central - Central Tower in numbers

  • Sold 6 times: first on 19 April 2009 for AED 943,617, last on 27 May 2024 for AED 1,680,000 (AED 2,580 per sqft).
  • Rented since December 2013 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2021 and recovered to AED 63,000 by February 2022.
  • At AED 63,000 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 14,100 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 27 May 2024.

Questions about 510, Bay Central - Central Tower

What did unit 510 last sell for?

AED 1,680,000 on 27 May 2024: AED 2,580 per sqft for 651 sqft. The unit has 6 registered sales; the first was AED 943,617 in April 2009.

What is the rent for unit 510?

AED 63,000 a year on the contract signed on 1 February 2022. The previous contract, from February 2021, was AED 50,000; the unit has been rented since December 2013.

How big is unit 510?

651 sqft (60.5 sqm): a one-bedroom apartment on the 5th floor of a 47-storey tower completed in 2012.

What is unit 510 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 510, Bay Central - Central Tower

Starts from the last sale price (AED 1.68M, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,680,000
Deposit, UAE resident (20%)
AED 336,000
Deposit, non-resident (40%)
AED 672,000
Monthly over 25 years at 3.7%
AED 6,873

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