Studio · 446 sqftBay Central - West Tower, Dubai Marina · 11th floor · completed 2012

1108, Bay Central - West Tower

Sold prices and rental history: sold once, by the developer in April 2009, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 29 June 2023
Last soldAED 870K27 April 2009
Current rentAED 60K /yr29 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Bay Central - West Tower

What is 1108 worth today?

Last sold for AED 869,776 in 2009

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29 Jun 2023RentedRenewal
AED 60,000/yr12 months · AED 135 per sqft
29 Jun 2022RentedRenewal
AED 60,000/yr12 months · AED 135 per sqft
29 Jun 2021RentedRenewal
AED 55,000/yr12 months · AED 123 per sqft
29 Jun 2020RentedRenewal
AED 60,000/yr12 months · AED 135 per sqft
29 Jun 2019RentedRenewal
AED 65,000/yr12 months · AED 146 per sqft
29 Jun 2018RentedNew contract
AED 65,000/yr12 months · AED 146 per sqft
27 Apr 2009Sold by developerOff-plan
AED 869,776AED 1,952 per sqft

Source: Dubai Land Department. Updated 29 June 2023.

Key facts

Type
Studio apartment
Size
446 sqft
Floor
11th of 39
Parking
B4-98
Developer
Bay Central Developments
Completed
2012
Service charge
AED 9,600 /yr
Last sold
AED 870K · April 2009

About 1108, Bay Central - West Tower

1108 is a studio of 446 sqft on the 11th floor of Bay Central - West Tower, a 39-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. The developer sold it on 27 April 2009 for AED 869,776, or AED 1,952 per sqft, 4% above the AED 1,876 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 29 June 2023, is AED 60,000 a year: a gross yield of 6.9% on the 2009 price, before the service charge of about AED 9,600 a year.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical studio in Bay Central - West Tower
500K750K1M2009201420192024Typical sale price by year: 2009 AED 901,575; 2011 AED 930,642; 2012 AED 606,500; 2013 AED 645,000; 2014 AED 1,000,000; 2015 AED 943,000; 2016 AED 875,000; 2017 AED 960,750; 2018 AED 900,000; 2019 AED 712,500; 2020 AED 555,000; 2021 AED 648,500; 2022 AED 817,500; 2023 AED 888,750; 2025 AED 1,050,000; 2026 AED 1,050,000Sold by developer, April 2009: AED 869,776 (AED 1,952 per sqft)

1108 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1108, each contractTypical studio in Bay Central - West Tower
60K2012201620202024Typical rent by year: 2012 AED 49,718; 2013 AED 55,000; 2014 AED 61,500; 2015 AED 70,000; 2016 AED 70,000; 2017 AED 67,500; 2018 AED 63,000; 2019 AED 55,000; 2020 AED 48,000; 2021 AED 45,000; 2022 AED 53,000; 2023 AED 65,351; 2024 AED 70,000; 2025 AED 70,000; 2026 AED 63,417New contract, June 2018: AED 65,000 a yearRenewal, June 2019: AED 65,000 a yearRenewal, June 2020: AED 60,000 a yearRenewal, June 2021: AED 55,000 a yearRenewal, June 2022: AED 60,000 a yearRenewal, June 2023: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Bay Central - West Tower, and where 1108 sits

All 89 studios →

1108 last sold in April 2009 at AED 1,952 per sqft, 4% above what studios in Bay Central - West Tower were fetching at the time (AED 1,876). Over the last 12 months studios sold for AED 800,000 to 1,333,500, around AED 2,356 per sqft, and rent for AED 20,000 to 95,000 a year. 1108's AED 60,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
13 Oct 20261,270,000
12 Sep 2026915,000
15 Jul 20261,050,000
1 Jul 2026800,000
12 studio sales in the last 12 months

Bay Central - West Tower

Building

350 apartments, studios to 5-bed over 39 floors in Dubai Marina, completed in 2012 by Bay Central Developments. 25 sold in the last 12 months.

Typical price per sqft
AED 2,238 Down 4.0%
Typical sale
AED 1.16M
Typical rent
AED 83K /yr
Typical yield
5.8%
Bay Central - West Tower, Dubai Marina: prices, sales and rents →

Other units on the 11th floor

All 350 units in Bay Central - West Tower
Value
11011-bedAED 1.41M · Jan 2017
1102StudioAED 1M · Mar 2014
11031-bedAED 866K · Oct 2013
11041-bedAED 815K · Oct 2013
1105StudioAED 941K · Oct 2009
11061-bedAED 1.39M · Jan 2024
11071-bedAED 1.58M · Oct 2009
1–7 of 11

1108, Bay Central - West Tower in numbers

  • Sold once: by Bay Central Developments on 27 April 2009 for AED 869,776, or AED 1,952 per sqft.
  • Rented since June 2018 on 6 Ejari contracts, from AED 65,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2009 price is 6.9%, before a service charge of about AED 9,600 a year (AED 21.65 per sqft).
  • Studios in Bay Central - West Tower sold for AED 800,000–1,333,500 in the 12 months to November 2026; the building's median across all types is AED 2,238 per sqft.

Source: Dubai Land Department. Updated 29 June 2023.

Questions about 1108, Bay Central - West Tower

What did unit 1108 last sell for?

AED 869,776 on 27 April 2009, sold by the developer: AED 1,952 per sqft for 446 sqft. It is the only registered sale of the unit.

What is the rent for unit 1108?

AED 60,000 a year on the contract renewed on 29 June 2023. The previous contract, from June 2022, was AED 60,000; the unit has been rented since June 2018.

How big is unit 1108?

446 sqft (41.4 sqm): a studio on the 11th floor of a 39-storey tower completed in 2012.

What is unit 1108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Bay Central - West Tower sold for AED 800,000 to 1,333,500 in the last 12 months, around AED 2,356 per sqft.

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Mortgage on 1108, Bay Central - West Tower

Starts from the last sale price (AED 870K, 27 April 2009). Switch to today's estimate once you have unlocked it.
Price
AED 869,776
Deposit, UAE resident (20%)
AED 173,955
Deposit, non-resident (40%)
AED 347,910
Monthly over 25 years at 3.7%
AED 3,559

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