1-bed · 857 sqftBay Central - Central Tower, Dubai Marina · 7th floor · completed 2012

703, Bay Central - Central Tower

Sold prices and rental history: sold 5 times, last in September 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 17 September 2024
Last soldAED 1.47M17 September 2024
Current rentAED 92K /yr1 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Bay Central - Central Tower

What is 703 worth today?

Last sold for AED 1,470,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

17 Sep 2024SoldReady
AED 1,470,000AED 1,715 per sqft
17 Sep 2024SoldReady
AED 1,470,000AED 1,715 per sqft
12 Aug 2020SoldReady
AED 700,000AED 817 per sqft
1 Dec 2019RentedRenewal
AED 92,000/yr12 months · AED 107 per sqft
1 Dec 2018RentedNew contract
AED 92,000/yr12 months · AED 107 per sqft
6 Aug 2018RentedNew contract
AED 100,000/yr12 months · AED 117 per sqft
6 Aug 2017RentedNew contract
AED 100,000/yr12 months · AED 116 per sqft
1 Aug 2013RentedNew contract
AED 90,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 17 September 2024.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
7th of 47
Parking
B5-69
Developer
Bay Central Developments
Completed
2012
Service charge
AED 18,500 /yr
Last sold
AED 1.47M · September 2024

About 703, Bay Central - Central Tower

703 is a one-bedroom apartment of 857 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 17 September 2024 for AED 1,470,000, or AED 1,715 per sqft, 26% below the AED 2,304 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 December 2019, is AED 92,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 18,500 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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, October 2010: AED 1,496,700 (AED 1,747 per sqft)Sold, April 2013: AED 1,496,700 (AED 1,747 per sqft)Sold, August 2020: AED 700,000 (AED 817 per sqft)Sold, September 2024: AED 1,470,000 (AED 1,715 per sqft)Sold, September 2024: AED 1,470,000 (AED 1,715 per sqft)

703 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 703, 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, August 2013: AED 90,000 a yearNew contract, August 2017: AED 100,000 a yearNew contract, August 2018: AED 100,000 a yearNew contract, December 2018: AED 92,000 a yearRenewal, December 2019: AED 92,000 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 703 sits

All 302 1-beds →

703 last sold in September 2024 at AED 1,715 per sqft, 26% below what one-beds in Bay Central - Central Tower were fetching at the time (AED 2,304). 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. 703's AED 92,000 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
7021-bedAED 1.4M · Sep 2023
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

703, Bay Central - Central Tower in numbers

  • Sold 5 times: first on 13 October 2010 for AED 1,496,700, last on 17 September 2024 for AED 1,470,000 (AED 1,715 per sqft).
  • Rented since August 2013 on 5 Ejari contracts, from AED 90,000 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 18,500 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 17 September 2024.

Questions about 703, Bay Central - Central Tower

What did unit 703 last sell for?

AED 1,470,000 on 17 September 2024: AED 1,715 per sqft for 857 sqft. The unit has 5 registered sales; the first was AED 1,496,700 in October 2010.

What is the rent for unit 703?

AED 92,000 a year on the contract renewed on 1 December 2019. The previous contract, from December 2018, was AED 92,000; the unit has been rented since August 2013.

How big is unit 703?

857 sqft (79.6 sqm): a one-bedroom apartment on the 7th floor of a 47-storey tower completed in 2012.

What is unit 703 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.

Selling 703? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 703, Bay Central - Central Tower

Starts from the last sale price (AED 1.47M, 17 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,000
Deposit, UAE resident (20%)
AED 294,000
Deposit, non-resident (40%)
AED 588,000
Monthly over 25 years at 3.7%
AED 6,014

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