1-bed · 693 sqftBay Central - West Tower, Dubai Marina · 16th floor · completed 2012

1601, Bay Central - West Tower

Sold prices and rental history: sold 3 times, last in July 2018, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 22 December 2019
Last soldAED 1.33M19 July 2018
Current rentAED 100K /yr22 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Bay Central - West Tower

What is 1601 worth today?

Last sold for AED 1,330,000 in 2018

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22 Dec 2019RentedNew contract
AED 100,000/yr12 months · AED 145 per sqft
19 Jul 2018SoldReady
AED 1,330,000AED 1,919 per sqft
25 Sep 2014RentedNew contract
AED 110,000/yr12 months · AED 160 per sqft
7 Dec 2009SoldOff-plan
AED 1,482,635AED 2,140 per sqft
27 Dec 2006Sold by developerOff-plan
AED 1,482,635AED 2,140 per sqft

Source: Dubai Land Department. Updated 22 December 2019.

Key facts

Type
1-bed apartment
Size
693 sqft
Floor
16th of 39
Parking
B4-143
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,000 /yr
Last sold
AED 1.33M · July 2018

About 1601, Bay Central - West Tower

1601 is a one-bedroom apartment of 693 sqft on the 16th floor of Bay Central - West Tower, a 39-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 19 July 2018 for AED 1,330,000, or AED 1,919 per sqft, 9% above the AED 1,761 one-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 22 December 2019, is AED 100,000 a year: a gross yield of 7.5% on the 2018 price, before the service charge of about AED 15,000 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical one-bed in Bay Central - West Tower
1M1.5M2006201220182024Typical 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 2006: AED 1,482,635 (AED 2,140 per sqft)Sold, December 2009: AED 1,482,635 (AED 2,140 per sqft)Sold, July 2018: AED 1,330,000 (AED 1,919 per sqft)

1601 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1601, 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, September 2014: AED 110,000 a yearNew contract, December 2019: AED 100,000 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 1601 sits

All 180 1-beds →

1601 last sold in July 2018 at AED 1,919 per sqft, 9% above what one-beds in Bay Central - West Tower were fetching at the time (AED 1,761). 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. 1601's AED 100,000 is in the upper 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 16th floor

All 350 units in Bay Central - West Tower
Value
1602StudioAED 1.06M · Sep 2014
16031-bedAED 1.32M · Apr 2009
16041-bedAED 1.25M · Jul 2016
1605StudioAED 636K · Oct 2013
16061-bedAED 935K · Feb 2013
16071-bedAED 1.08M · Oct 2013
1608StudioAED 930K · Feb 2025
1–7 of 11

1601, Bay Central - West Tower in numbers

  • Sold 3 times: first on 27 December 2006 for AED 1,482,635, last on 19 July 2018 for AED 1,330,000 (AED 1,919 per sqft).
  • Rented since September 2014 on 2 Ejari contracts, from AED 110,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2018 price is 7.5%, 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 22 December 2019.

Questions about 1601, Bay Central - West Tower

What did unit 1601 last sell for?

AED 1,330,000 on 19 July 2018: AED 1,919 per sqft for 693 sqft. The unit has 3 registered sales; the first was AED 1,482,635 in December 2006.

What is the rent for unit 1601?

AED 100,000 a year on the contract signed on 22 December 2019. The previous contract, from September 2014, was AED 110,000.

How big is unit 1601?

693 sqft (64.4 sqm): a one-bedroom apartment on the 16th floor of a 39-storey tower completed in 2012.

What is unit 1601 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 1601, Bay Central - West Tower

Starts from the last sale price (AED 1.33M, 19 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,330,000
Deposit, UAE resident (20%)
AED 266,000
Deposit, non-resident (40%)
AED 532,000
Monthly over 25 years at 3.7%
AED 5,441

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