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1-bed · 640 sqftBay Central - West Tower, Dubai Marina · 13th floor · completed 2012

1303, Bay Central - West Tower

Sold prices and rental history: sold twice, last in March 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1303 · DLD and Ejari recordsUpdated 22 March 2021
Last soldAED 880K22 March 2021
Current rentAED 75K /yr13 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1303, Bay Central - West Tower

What is 1303 worth today?

Last sold for AED 880,000 in 2021

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22 Mar 2021SoldReady
AED 880,000AED 1,375 per sqft
13 Mar 2020RentedNew contract
AED 75,000/yr12 months · AED 118 per sqft
1 Dec 2018RentedNew contract
AED 80,000/yr12 months · AED 126 per sqft
21 Nov 2017RentedNew contract
AED 90,000/yr12 months · AED 142 per sqft
21 Aug 2013Sold by developerReady
AED 940,800AED 1,470 per sqft

Source: Dubai Land Department. Updated 22 March 2021.

Key facts

Type
1-bed apartment
Size
640 sqft
Floor
13th of 39
Parking
B4-117
Developer
Bay Central Developments
Completed
2012
Service charge
AED 13,900 /yr
Last sold
AED 880K · March 2021
Building
Bay Central - West Tower

About 1303, Bay Central - West Tower

1303 is a one-bedroom apartment of 640 sqft on the 13th floor of Bay Central - West Tower, a 39-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 22 March 2021 for AED 880,000, or AED 1,375 per sqft, 25% above the AED 1,104 one-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 13 March 2020, is AED 75,000 a year: a gross yield of 8.5% on the 2021 price, before the service charge of about AED 13,900 a year.

Sales and rents for 1303 over time

Sales
Unit 1303, each saleTypical one-bed in Bay Central - West Tower
1M1.5M2009201420192024Typical sale price by year: 2009 AED 1,196,971; 2010 AED 880,100; 2012 AED 830,608; 2013 AED 913,613; 2014 AED 1,277,319; 2015 AED 1,300,000; 2016 AED 1,250,000; 2017 AED 1,205,000; 2018 AED 1,172,500; 2019 AED 945,000; 2020 AED 705,000; 2021 AED 857,500; 2022 AED 1,160,000; 2023 AED 1,287,500; 2024 AED 1,465,000; 2025 AED 1,580,000; 2026 AED 1,225,000Sold by developer, August 2013: AED 940,800 (AED 1,470 per sqft)Sold, March 2021: AED 880,000 (AED 1,375 per sqft)

1303 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1303, each contractTypical one-bed in Bay Central - West Tower
60K80K2012201620202024Typical rent by year: 2012 AED 69,000; 2013 AED 75,000; 2014 AED 88,000; 2015 AED 92,576; 2016 AED 93,450; 2017 AED 90,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 62,000; 2021 AED 58,000; 2022 AED 66,075; 2023 AED 79,000; 2024 AED 87,150; 2025 AED 90,000; 2026 AED 84,000New contract, November 2017: AED 90,000 a yearNew contract, December 2018: AED 80,000 a yearNew contract, March 2020: AED 75,000 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 - West Tower, and where 1303 sits

All 180 1-beds →

1303 last sold in March 2021 at AED 1,375 per sqft, 25% above what one-beds in Bay Central - West Tower were fetching at the time (AED 1,104). Over the last 12 months one-beds sold for AED 1,100,000 to 1,650,000, around AED 1,951 per sqft, and rent for AED 65,000 to 135,000 a year. 1303's AED 75,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Oct 20261,500,000
3 Sep 20261,100,000
5 Aug 202610,518
30 Jul 202685,785
11 1-bed 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 13th floor

All 350 units in Bay Central - West Tower
Value
13012-bedAED 1.54M · Oct 2013
13022-bedAED 1.4M · Aug 2013
13041-bedAED 1.15M · Oct 2013

1303, Bay Central - West Tower in numbers

  • Sold twice: first on 21 August 2013 for AED 940,800, last on 22 March 2021 for AED 880,000 (AED 1,375 per sqft).
  • Rented since November 2017 on 3 Ejari contracts, from AED 90,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2021 price is 8.5%, before a service charge of about AED 13,900 a year (AED 21.65 per sqft).
  • One-beds in Bay Central - West Tower sold for AED 1,100,000–1,650,000 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 22 March 2021.

Questions about 1303, Bay Central - West Tower

What did unit 1303 last sell for?

AED 880,000 on 22 March 2021: AED 1,375 per sqft for 640 sqft. The unit has 2 registered sales; the first was AED 940,800 in August 2013.

What is the rent for unit 1303?

AED 75,000 a year on the contract signed on 13 March 2020. The previous contract, from December 2018, was AED 80,000; the unit has been rented since November 2017.

How big is unit 1303?

640 sqft (59.5 sqm): a one-bedroom apartment on the 13th floor of a 39-storey tower completed in 2012.

What is unit 1303 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 - West Tower sold for AED 1,100,000 to 1,650,000 in the last 12 months, around AED 1,951 per sqft.

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Mortgage on 1303, Bay Central - West Tower

Starts from the last sale price (AED 880K, 22 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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