1-bed · 646 sqftBay Central - West Tower, Dubai Marina · 15th floor · completed 2012

1509, Bay Central - West Tower

Sold prices and rental history: sold 4 times, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 24 November 2023
Last soldAED 1.35M24 November 2023
Current rentAED 66K /yr14 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, Bay Central - West Tower

What is 1509 worth today?

Last sold for AED 1,350,000 in 2023

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24 Nov 2023SoldReady
AED 1,350,000AED 2,088 per sqft
14 Feb 2023RentedRenewal
AED 65,574/yr9 months · AED 101 per sqft
14 Feb 2022RentedRenewal
AED 59,800/yr12 months · AED 93 per sqft
14 Feb 2021RentedNew contract
AED 52,000/yr12 months · AED 80 per sqft
14 Feb 2020RentedRenewal
AED 65,000/yr12 months · AED 101 per sqft
14 Feb 2019RentedNew contract
AED 73,000/yr12 months · AED 113 per sqft
1 Feb 2017RentedRenewal
AED 95,000/yr12 months · AED 147 per sqft
1 Feb 2016RentedNew contract
AED 102,500/yr12 months · AED 159 per sqft

Source: Dubai Land Department. Updated 24 November 2023.

Key facts

Type
1-bed apartment
Size
646 sqft
Floor
15th of 39
Parking
B4-139
Developer
Bay Central Developments
Completed
2012
Service charge
AED 14,000 /yr
Last sold
AED 1.35M · November 2023

About 1509, Bay Central - West Tower

1509 is a one-bedroom apartment of 646 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 24 November 2023 for AED 1,350,000, or AED 2,088 per sqft, 8% above the AED 1,926 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 14 February 2023, is AED 65,574 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 14,000 a year.

Sales and rents for 1509 over time

Sales
Unit 1509, 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, December 2009: AED 1,247,534 (AED 1,930 per sqft)Sold, January 2015: AED 1,565,000 (AED 2,421 per sqft)Sold, January 2015: AED 1,247,534 (AED 1,930 per sqft)Sold, November 2023: AED 1,350,000 (AED 2,088 per sqft)

1509 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1509, 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, October 2013: AED 71,000 a yearNew contract, February 2016: AED 102,500 a yearRenewal, February 2017: AED 95,000 a yearNew contract, February 2019: AED 73,000 a yearRenewal, February 2020: AED 65,000 a yearNew contract, February 2021: AED 52,000 a yearRenewal, February 2022: AED 59,800 a yearRenewal, February 2023: AED 65,574 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 1509 sits

All 180 1-beds →

1509 last sold in November 2023 at AED 2,088 per sqft, 8% above what one-beds in Bay Central - West Tower were fetching at the time (AED 1,926). 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. 1509's AED 65,574 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
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
15061-bedAED 1.16M · May 2022
15071-bedAED 1.15M · Jun 2022
1–7 of 11

1509, Bay Central - West Tower in numbers

  • Sold 4 times: first on 3 December 2009 for AED 1,247,534, last on 24 November 2023 for AED 1,350,000 (AED 2,088 per sqft).
  • Rented since October 2013 on 8 Ejari contracts. The rent fell from AED 71,000 to AED 52,000 in 2021 and recovered to AED 65,574 by February 2023.
  • At AED 65,574 a year the gross yield on the 2023 price is 4.9%, before a service charge of about AED 14,000 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 24 November 2023.

Questions about 1509, Bay Central - West Tower

What did unit 1509 last sell for?

AED 1,350,000 on 24 November 2023: AED 2,088 per sqft for 646 sqft. The unit has 4 registered sales; the first was AED 1,247,534 in December 2009.

What is the rent for unit 1509?

AED 65,574 a year on the contract renewed on 14 February 2023. The previous contract, from February 2022, was AED 59,800; the unit has been rented since October 2013.

How big is unit 1509?

646 sqft (60.0 sqm): a one-bedroom apartment on the 15th floor of a 39-storey tower completed in 2012.

What is unit 1509 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 1509, Bay Central - West Tower

Starts from the last sale price (AED 1.35M, 24 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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