Studio · 446 sqftBay Central - West Tower, Dubai Marina · 14th floor · completed 2012

1405, Bay Central - West Tower

Sold prices and rental history: sold 4 times, last in April 2024, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1405 · DLD and Ejari recordsUpdated 10 July 2024
Last soldAED 1.05M23 April 2024
Current rentAED 56K /yr10 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1405, Bay Central - West Tower

What is 1405 worth today?

Last sold for AED 1,050,000 in 2024

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10 Jul 2024RentedNew contract
AED 56,000/yr12 months · AED 127 per sqft
23 Apr 2024SoldReady
AED 1,050,000AED 2,356 per sqft
11 Jul 2022RentedNew contract
AED 50,000/yr12 months · AED 113 per sqft
20 Mar 2014RentedNew contract
AED 70,000/yr12 months · AED 159 per sqft
13 May 2013SoldReady
AED 650,000AED 1,458 per sqft
17 Apr 2013SoldReady
AED 772,938AED 1,734 per sqft
8 Dec 2009Sold by developerOff-plan
AED 930,680AED 2,088 per sqft

Source: Dubai Land Department. Updated 10 July 2024.

Key facts

Type
Studio apartment
Size
446 sqft
Floor
14th of 39
Parking
B4-123
Developer
Bay Central Developments
Completed
2012
Service charge
AED 9,600 /yr
Last sold
AED 1.05M · April 2024

About 1405, Bay Central - West Tower

1405 is a studio of 446 sqft on the 14th floor of Bay Central - West Tower, a 39-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 23 April 2024 for AED 1,050,000, or AED 2,356 per sqft, in line with the AED 2,311 studios in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 10 July 2024, is AED 56,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 9,600 a year.

Sales and rents for 1405 over time

Sales
Unit 1405, 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, December 2009: AED 930,680 (AED 2,088 per sqft)Sold, April 2013: AED 772,938 (AED 1,734 per sqft)Sold, May 2013: AED 650,000 (AED 1,458 per sqft)Sold, April 2024: AED 1,050,000 (AED 2,356 per sqft)

1405 has sold 4 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1405, 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, March 2014: AED 70,000 a yearNew contract, July 2022: AED 50,000 a yearNew contract, July 2024: AED 56,000 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 1405 sits

All 89 studios →

1405 last sold in April 2024 at AED 2,356 per sqft, in line with what studios in Bay Central - West Tower were fetching at the time (AED 2,311). 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. 1405's AED 56,000 is in the lower 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 14th floor

All 350 units in Bay Central - West Tower
Value
14011-bedAED 1.65M · Jul 2023
1402StudioAED 1.1M · Dec 2014
14031-bedAED 1.5M · Oct 2026
14041-bedAED 1.27M · May 2014
14061-bedAED 740K · May 2021
14071-bedAED 1.18M · Dec 2017
1408StudioAED 608K · Aug 2013
1–7 of 11

1405, Bay Central - West Tower in numbers

  • Sold 4 times: first on 8 December 2009 for AED 930,680, last on 23 April 2024 for AED 1,050,000 (AED 2,356 per sqft).
  • Rented since March 2014 on 3 Ejari contracts. The rent fell from AED 70,000 to AED 50,000 in 2022 and recovered to AED 56,000 by July 2024.
  • At AED 56,000 a year the gross yield on the 2024 price is 5.3%, 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 10 July 2024.

Questions about 1405, Bay Central - West Tower

What did unit 1405 last sell for?

AED 1,050,000 on 23 April 2024: AED 2,356 per sqft for 446 sqft. The unit has 4 registered sales; the first was AED 930,680 in December 2009.

What is the rent for unit 1405?

AED 56,000 a year on the contract signed on 10 July 2024. The previous contract, from July 2022, was AED 50,000; the unit has been rented since March 2014.

How big is unit 1405?

446 sqft (41.4 sqm): a studio on the 14th floor of a 39-storey tower completed in 2012.

What is unit 1405 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 1405, Bay Central - West Tower

Starts from the last sale price (AED 1.05M, 23 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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