Studio · 445 sqftBay Central - West Tower, Dubai Marina · 16th floor · completed 2012

1602, Bay Central - West Tower

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

Unit 1602 · DLD and Ejari recordsUpdated 9 October 2026
Last soldAED 1.06M15 September 2014
Current rentAED 76K /yr9 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1602, Bay Central - West Tower

What is 1602 worth today?

Last sold for AED 1,061,691 in 2014

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9 Oct 2026RentedRenewal
AED 76,000/yr12 months · AED 172 per sqft
9 Oct 2025RentedRenewal
AED 82,500/yr12 months · AED 187 per sqft
9 Oct 2024RentedNew contract
AED 78,000/yr12 months · AED 177 per sqft
15 Sep 2014SoldReady
AED 1,061,691AED 2,384 per sqft
27 Apr 2009Sold by developerOff-plan
AED 1,061,691AED 2,384 per sqft

Source: Dubai Land Department. Updated 9 October 2026.

Key facts

Type
Studio apartment
Size
445 sqft
Floor
16th of 39
Parking
B4-144
Developer
Bay Central Developments
Completed
2012
Service charge
AED 9,600 /yr
Last sold
AED 1.06M · September 2014

About 1602, Bay Central - West Tower

1602 is a studio of 445 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 15 September 2014 for AED 1,061,691, or AED 2,384 per sqft, 56% above the AED 1,531 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 9 October 2026, is AED 76,000 a year: a gross yield of 7.2% on the 2014 price, before the service charge of about AED 9,600 a year.

Sales and rents for 1602 over time

Sales
Unit 1602, 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, April 2009: AED 1,061,691 (AED 2,384 per sqft)Sold, September 2014: AED 1,061,691 (AED 2,384 per sqft)

1602 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1602, each contractTypical studio in Bay Central - West Tower
40K60K80K2012201620202024Typical 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, October 2024: AED 78,000 a yearRenewal, October 2025: AED 82,500 a yearRenewal, October 2026: AED 76,000 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 1602 sits

All 89 studios →

1602 last sold in September 2014 at AED 2,384 per sqft, 56% above what studios in Bay Central - West Tower were fetching at the time (AED 1,531). 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. 1602's AED 76,000 is in the upper 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 16th floor

All 350 units in Bay Central - West Tower
Value
16011-bedAED 1.33M · Jul 2018
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

1602, Bay Central - West Tower in numbers

  • Sold twice: first on 27 April 2009 for AED 1,061,691, last on 15 September 2014 for AED 1,061,691 (AED 2,384 per sqft).
  • Rented since October 2024 on 3 Ejari contracts, from AED 78,000 to AED 76,000 a year.
  • At AED 76,000 a year the gross yield on the 2014 price is 7.2%, 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 9 October 2026.

Questions about 1602, Bay Central - West Tower

What did unit 1602 last sell for?

AED 1,061,691 on 15 September 2014: AED 2,384 per sqft for 445 sqft. The unit has 2 registered sales; the first was AED 1,061,691 in April 2009.

What is the rent for unit 1602?

AED 76,000 a year on the contract renewed on 9 October 2026. The previous contract, from October 2025, was AED 82,500; the unit has been rented since October 2024.

How big is unit 1602?

445 sqft (41.3 sqm): a studio on the 16th floor of a 39-storey tower completed in 2012.

What is unit 1602 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 1602, Bay Central - West Tower

Starts from the last sale price (AED 1.06M, 15 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,061,691
Deposit, UAE resident (20%)
AED 212,338
Deposit, non-resident (40%)
AED 424,676
Monthly over 25 years at 3.7%
AED 4,344

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