1-bed · 693 sqftBay Central - West Tower, Dubai Marina · 15th floor · completed 2012

1501, Bay Central - West Tower

Sold prices and rental history: sold 4 times, last in March 2020, and rented once, from August 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 14 August 2020
Last soldAED 1.02M15 March 2020
Current rentAED 66K /yr14 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Bay Central - West Tower

What is 1501 worth today?

Last sold for AED 1,020,000 in 2020

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14 Aug 2020RentedNew contract
AED 65,823/yr12 months · AED 96 per sqft
15 Mar 2020SoldReady
AED 1,020,000AED 1,472 per sqft
21 Mar 2017SoldReady
AED 1,400,000AED 2,020 per sqft
26 Jun 2013SoldReady
AED 986,184AED 1,423 per sqft
27 Apr 2009Sold by developerOff-plan
AED 986,184AED 1,423 per sqft

Source: Dubai Land Department. Updated 14 August 2020.

Key facts

Type
1-bed apartment
Size
693 sqft
Floor
15th of 39
Parking
B4-131
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,000 /yr
Last sold
AED 1.02M · March 2020

About 1501, Bay Central - West Tower

1501 is a one-bedroom apartment of 693 sqft on the 15th floor of Bay Central - West Tower, a 39-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 15 March 2020 for AED 1,020,000, or AED 1,472 per sqft, 6% above the AED 1,392 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 14 August 2020. The current contract, signed on 14 August 2020, is AED 65,823 a year: a gross yield of 6.5% on the 2020 price, before the service charge of about AED 15,000 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, 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, April 2009: AED 986,184 (AED 1,423 per sqft)Sold, June 2013: AED 986,184 (AED 1,423 per sqft)Sold, March 2017: AED 1,400,000 (AED 2,020 per sqft)Sold, March 2020: AED 1,020,000 (AED 1,472 per sqft)

1501 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1501, 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, August 2020: AED 65,823 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 1501 sits

All 180 1-beds →

1501 last sold in March 2020 at AED 1,472 per sqft, 6% above what one-beds in Bay Central - West Tower were fetching at the time (AED 1,392). 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. 1501's AED 65,823 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 15th floor

All 350 units in Bay Central - West Tower
Value
1502StudioAED 1.05M · Apr 2026
15031-bedAED 853K · Oct 2013
15041-bedAED 1.29M · Jun 2016
1505StudioAED 815K · Oct 2022
15061-bedAED 1.16M · May 2022
15071-bedAED 1.15M · Jun 2022
1508StudioAED 985K · Dec 2025
1–7 of 11

1501, Bay Central - West Tower in numbers

  • Sold 4 times: first on 27 April 2009 for AED 986,184, last on 15 March 2020 for AED 1,020,000 (AED 1,472 per sqft).
  • Rented since August 2020 on one Ejari contract, at AED 65,823 a year.
  • At AED 65,823 a year the gross yield on the 2020 price is 6.5%, before a service charge of about AED 15,000 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 14 August 2020.

Questions about 1501, Bay Central - West Tower

What did unit 1501 last sell for?

AED 1,020,000 on 15 March 2020: AED 1,472 per sqft for 693 sqft. The unit has 4 registered sales; the first was AED 986,184 in April 2009.

What is the rent for unit 1501?

AED 65,823 a year on the contract signed on 14 August 2020.

How big is unit 1501?

693 sqft (64.4 sqm): a one-bedroom apartment on the 15th floor of a 39-storey tower completed in 2012.

What is unit 1501 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 1501, Bay Central - West Tower

Starts from the last sale price (AED 1.02M, 15 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,020,000
Deposit, UAE resident (20%)
AED 204,000
Deposit, non-resident (40%)
AED 408,000
Monthly over 25 years at 3.7%
AED 4,173

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