1-bed · 695 sqftBay Central - West Tower, Dubai Marina · 15th floor · completed 2012

1506, Bay Central - West Tower

Sold prices and rental history: sold 3 times, last in May 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1506 · DLD and Ejari recordsUpdated 17 May 2022
Last soldAED 1.16M17 May 2022
Current rentAED 65K /yr21 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1506, Bay Central - West Tower

What is 1506 worth today?

Last sold for AED 1,160,000 in 2022

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17 May 2022SoldReady
AED 1,160,000AED 1,668 per sqft
21 May 2021RentedNew contract
AED 65,000/yr12 months · AED 93 per sqft
22 Jan 2020RentedRenewal
AED 82,000/yr12 months · AED 117 per sqft
22 Jan 2019RentedRenewal
AED 90,000/yr12 months · AED 129 per sqft
22 Jan 2018RentedRenewal
AED 90,000/yr12 months · AED 129 per sqft
22 Jan 2017RentedNew contract
AED 97,000/yr12 months · AED 139 per sqft
15 Jan 2015RentedNew contract
AED 110,000/yr12 months · AED 158 per sqft
11 Apr 2014RentedNew contract
AED 105,000/yr12 months · AED 150 per sqft

Source: Dubai Land Department. Updated 17 May 2022.

Key facts

Type
1-bed apartment
Size
695 sqft
Floor
15th of 39
Parking
B4-136
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,000 /yr
Last sold
AED 1.16M · May 2022

About 1506, Bay Central - West Tower

1506 is a one-bedroom apartment of 695 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 17 May 2022 for AED 1,160,000, or AED 1,668 per sqft, in line with the AED 1,660 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 21 May 2021, is AED 65,000 a year: a gross yield of 5.6% on the 2022 price, before the service charge of about AED 15,000 a year.

Sales and rents for 1506 over time

Sales
Unit 1506, 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 2012: AED 759,200 (AED 1,092 per sqft)Sold, April 2013: AED 759,200 (AED 1,092 per sqft)Sold, May 2022: AED 1,160,000 (AED 1,668 per sqft)

1506 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1506, each contractTypical one-bed in Bay Central - West Tower
50K75K100K2012201620202024Typical 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, April 2014: AED 105,000 a yearNew contract, January 2015: AED 110,000 a yearNew contract, January 2017: AED 97,000 a yearRenewal, January 2018: AED 90,000 a yearRenewal, January 2019: AED 90,000 a yearRenewal, January 2020: AED 82,000 a yearNew contract, May 2021: AED 65,000 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 1506 sits

All 180 1-beds →

1506 last sold in May 2022 at AED 1,668 per sqft, in line with what one-beds in Bay Central - West Tower were fetching at the time (AED 1,660). 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. 1506's AED 65,000 is at the bottom 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
15011-bedAED 1.02M · Mar 2020
1502StudioAED 1.05M · Apr 2026
15031-bedAED 853K · Oct 2013
15041-bedAED 1.29M · Jun 2016
1505StudioAED 815K · Oct 2022
15071-bedAED 1.15M · Jun 2022
1508StudioAED 985K · Dec 2025
1–7 of 11

1506, Bay Central - West Tower in numbers

  • Sold 3 times: first on 30 August 2012 for AED 759,200, last on 17 May 2022 for AED 1,160,000 (AED 1,668 per sqft).
  • Rented since April 2014 on 7 Ejari contracts, from AED 105,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 5.6%, 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 17 May 2022.

Questions about 1506, Bay Central - West Tower

What did unit 1506 last sell for?

AED 1,160,000 on 17 May 2022: AED 1,668 per sqft for 695 sqft. The unit has 3 registered sales; the first was AED 759,200 in August 2012.

What is the rent for unit 1506?

AED 65,000 a year on the contract signed on 21 May 2021. The previous contract, from January 2020, was AED 82,000; the unit has been rented since April 2014.

How big is unit 1506?

695 sqft (64.6 sqm): a one-bedroom apartment on the 15th floor of a 39-storey tower completed in 2012.

What is unit 1506 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 1506, Bay Central - West Tower

Starts from the last sale price (AED 1.16M, 17 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,160,000
Deposit, UAE resident (20%)
AED 232,000
Deposit, non-resident (40%)
AED 464,000
Monthly over 25 years at 3.7%
AED 4,746

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