1-bed · 705 sqftBay Central - Central Tower, Dubai Marina · 7th floor · completed 2012

702, Bay Central - Central Tower

Sold prices and rental history: sold 4 times, last in September 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 1.4M11 September 2023
Current rentAED 100K /yr15 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Bay Central - Central Tower

What is 702 worth today?

Last sold for AED 1,400,000 in 2023

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15 Oct 2024RentedRenewal
AED 100,000/yr12 months · AED 143 per sqft
15 Oct 2024RentedRenewal
AED 100,000/yr12 months · AED 143 per sqft
15 Oct 2023RentedNew contract
AED 100,000/yr12 months · AED 143 per sqft
11 Sep 2023SoldReady
AED 1,400,000AED 1,986 per sqft
25 Jul 2017SoldReady
AED 1,225,000AED 1,738 per sqft
17 Jun 2016RentedNew contract
AED 100,000/yr12 months · AED 143 per sqft
26 Jan 2014SoldReady
AED 1,484,586AED 2,106 per sqft
26 Apr 2009Sold by developerOff-plan
AED 1,787,533AED 2,536 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
1-bed apartment
Size
705 sqft
Floor
7th of 47
Parking
B5-68
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,300 /yr
Last sold
AED 1.4M · September 2023

About 702, Bay Central - Central Tower

702 is a one-bedroom apartment of 705 sqft on the 7th floor of Bay Central - Central Tower, a 47-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 11 September 2023 for AED 1,400,000, or AED 1,986 per sqft, 4% below the AED 2,074 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 100,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 15,300 a year.

Sales and rents for 702 over time

Sales
Unit 702, 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 1,787,533 (AED 2,536 per sqft)Sold, January 2014: AED 1,484,586 (AED 2,106 per sqft)Sold, July 2017: AED 1,225,000 (AED 1,738 per sqft)Sold, September 2023: AED 1,400,000 (AED 1,986 per sqft)

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

Rents
Unit 702, 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 85,900New contract, June 2016: AED 100,000 a yearNew contract, October 2023: AED 100,000 a yearRenewal, October 2024: AED 100,000 a yearRenewal, October 2024: AED 100,000 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 702 sits

All 302 1-beds →

702 last sold in September 2023 at AED 1,986 per sqft, 4% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 2,074). 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. 702's AED 100,000 is in the upper 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
7011-bedAED 1.26M · Jul 2013
7031-bedAED 1.47M · Sep 2024
7041-bedAED 1.25M · Jan 2023
7051-bedAED 1.41M · May 2009
7061-bedAED 948K · Aug 2013
7071-bedAED 1.7M · May 2025
7081-bedAED 600K · Nov 2013
1–7 of 9

702, Bay Central - Central Tower in numbers

  • Sold 4 times: first on 26 April 2009 for AED 1,787,533, last on 11 September 2023 for AED 1,400,000 (AED 1,986 per sqft).
  • Rented since June 2016 on 4 Ejari contracts, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 15,300 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 15 October 2024.

Questions about 702, Bay Central - Central Tower

What did unit 702 last sell for?

AED 1,400,000 on 11 September 2023: AED 1,986 per sqft for 705 sqft. The unit has 4 registered sales; the first was AED 1,787,533 in April 2009.

What is the rent for unit 702?

AED 100,000 a year on the contract renewed on 15 October 2024. The previous contract, from October 2024, was AED 100,000; the unit has been rented since June 2016.

How big is unit 702?

705 sqft (65.5 sqm): a one-bedroom apartment on the 7th floor of a 47-storey tower completed in 2012.

What is unit 702 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 702, Bay Central - Central Tower

Starts from the last sale price (AED 1.4M, 11 September 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 →