Studio · 446 sqftBay Central - West Tower, Dubai Marina · 20th floor · completed 2012

2008, Bay Central - West Tower

Sold prices and rental history: sold 5 times, last in January 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2008 · DLD and Ejari recordsUpdated 19 January 2023
Last soldAED 970K19 January 2023
Current rentAED 60K /yr10 February 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2008, Bay Central - West Tower

What is 2008 worth today?

Last sold for AED 970,000 in 2023

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19 Jan 2023SoldReady
AED 970,000AED 2,177 per sqft
12 Jul 2022SoldReady
AED 875,000AED 1,963 per sqft
10 Feb 2020RentedRenewal
AED 60,000/yr12 months · AED 136 per sqft
10 Feb 2019RentedRenewal
AED 68,000/yr12 months · AED 154 per sqft
10 Feb 2018RentedNew contract
AED 78,000/yr12 months · AED 177 per sqft
24 Jan 2015RentedRenewal
AED 45,367/yr4 months · AED 103 per sqft
24 Jan 2014RentedNew contract
AED 40,000/yr12 months · AED 91 per sqft
4 Dec 2013SoldReady
AED 820,000AED 1,840 per sqft

Source: Dubai Land Department. Updated 19 January 2023.

Key facts

Type
Studio apartment
Size
446 sqft
Floor
20th of 39
Parking
B3-86
Developer
Bay Central Developments
Completed
2012
Service charge
AED 9,600 /yr
Last sold
AED 970K · January 2023

About 2008, Bay Central - West Tower

2008 is a studio of 446 sqft on the 20th 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 January 2023 for AED 970,000, or AED 2,177 per sqft, 19% above the AED 1,828 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 10 February 2020, is AED 60,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 9,600 a year.

Sales and rents for 2008 over time

Sales
Unit 2008, 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, March 2009: AED 597,649 (AED 1,341 per sqft)Sold, October 2013: AED 597,649 (AED 1,341 per sqft)Sold, December 2013: AED 820,000 (AED 1,840 per sqft)Sold, July 2022: AED 875,000 (AED 1,963 per sqft)Sold, January 2023: AED 970,000 (AED 2,177 per sqft)

2008 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 2008, 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, January 2014: AED 40,000 a yearRenewal, January 2015: AED 45,367 a yearNew contract, February 2018: AED 78,000 a yearRenewal, February 2019: AED 68,000 a yearRenewal, February 2020: AED 60,000 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 2008 sits

All 89 studios →

2008 last sold in January 2023 at AED 2,177 per sqft, 19% above what studios in Bay Central - West Tower were fetching at the time (AED 1,828). 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. 2008's AED 60,000 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 20th floor

All 350 units in Bay Central - West Tower
Value
20011-bedAED 1.02M · May 2013
2002StudioAED 935K · Sep 2017
20031-bedAED 11K · Aug 2026
20041-bedAED 1.26M · May 2009
2005StudioAED 980K · Aug 2017
20061-bedAED 845K · Jul 2021
20071-bedAED 1.2M · Apr 2016
1–7 of 11

2008, Bay Central - West Tower in numbers

  • Sold 5 times: first on 29 March 2009 for AED 597,649, last on 19 January 2023 for AED 970,000 (AED 2,177 per sqft).
  • Rented since January 2014 on 5 Ejari contracts, from AED 40,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 6.2%, 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 19 January 2023.

Questions about 2008, Bay Central - West Tower

What did unit 2008 last sell for?

AED 970,000 on 19 January 2023: AED 2,177 per sqft for 446 sqft. The unit has 5 registered sales; the first was AED 597,649 in March 2009.

What is the rent for unit 2008?

AED 60,000 a year on the contract renewed on 10 February 2020. The previous contract, from February 2019, was AED 68,000; the unit has been rented since January 2014.

How big is unit 2008?

446 sqft (41.4 sqm): a studio on the 20th floor of a 39-storey tower completed in 2012.

What is unit 2008 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 2008, Bay Central - West Tower

Starts from the last sale price (AED 970K, 19 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

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