2-bed · 1,116 sqftBay Central - West Tower, Dubai Marina · 28th floor · completed 2012

2805, Bay Central - West Tower

Sold prices and rental history: sold 4 times, last in November 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2805 · DLD and Ejari recordsUpdated 3 November 2022
Last soldAED 1.5M3 November 2022
Current rentAED 94K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2805, Bay Central - West Tower

What is 2805 worth today?

Last sold for AED 1,500,000 in 2022

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3 Nov 2022SoldReady
AED 1,500,000AED 1,344 per sqft
1 Oct 2022RentedRenewal
AED 93,500/yr12 months · AED 84 per sqft
1 Oct 2021RentedNew contract
AED 85,000/yr12 months · AED 76 per sqft
17 Sep 2020RentedNew contract
AED 75,000/yr12 months · AED 67 per sqft
5 Aug 2019RentedRenewal
AED 103,000/yr12 months · AED 92 per sqft
5 Aug 2018RentedNew contract
AED 126,000/yr12 months · AED 113 per sqft
29 Jul 2017RentedNew contract
AED 120,000/yr12 months · AED 107 per sqft
18 May 2016RentedNew contract
AED 135,000/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 3 November 2022.

Key facts

Type
2-bed apartment
Size
1,116 sqft
Floor
28th of 39
Parking
G-84
Developer
Bay Central Developments
Completed
2012
Service charge
AED 24,200 /yr
Last sold
AED 1.5M · November 2022

About 2805, Bay Central - West Tower

2805 is a two-bedroom apartment of 1,116 sqft on the 28th floor of Bay Central - West Tower, a 39-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 3 November 2022 for AED 1,500,000, or AED 1,344 per sqft, 9% below the AED 1,471 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 93,500 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 24,200 a year.

Sales and rents for 2805 over time

Sales
Unit 2805, each saleTypical two-bed in Bay Central - West Tower
1M2M2009201420192024Typical sale price by year: 2009 AED 1,788,367; 2010 AED 1,357,400; 2012 AED 1,343,000; 2013 AED 1,470,825; 2014 AED 1,926,728; 2015 AED 1,828,800; 2016 AED 1,830,000; 2018 AED 1,630,000; 2019 AED 1,050,000; 2020 AED 1,050,000; 2021 AED 1,200,000; 2022 AED 1,687,500; 2023 AED 1,835,000; 2024 AED 2,175,000; 2025 AED 2,499,691Sold by developer, April 2009: AED 1,937,275 (AED 1,736 per sqft)Sold, January 2014: AED 1,937,275 (AED 1,736 per sqft)Sold, March 2014: AED 1,750,000 (AED 1,568 per sqft)Sold, November 2022: AED 1,500,000 (AED 1,344 per sqft)

2805 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2805, each contractTypical two-bed in Bay Central - West Tower
100K150K2012201620202024Typical rent by year: 2012 AED 105,000; 2013 AED 110,000; 2014 AED 124,138; 2015 AED 135,000; 2016 AED 133,913; 2017 AED 130,000; 2018 AED 117,500; 2019 AED 100,000; 2020 AED 80,000; 2021 AED 80,000; 2022 AED 93,000; 2023 AED 102,369; 2024 AED 120,000; 2025 AED 124,000; 2026 AED 120,000New contract, March 2014: AED 140,000 a yearRenewal, March 2015: AED 147,000 a yearNew contract, May 2016: AED 135,000 a yearNew contract, July 2017: AED 120,000 a yearNew contract, August 2018: AED 126,000 a yearRenewal, August 2019: AED 103,000 a yearNew contract, September 2020: AED 75,000 a yearNew contract, October 2021: AED 85,000 a yearRenewal, October 2022: AED 93,500 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Bay Central - West Tower, and where 2805 sits

All 51 2-beds →

2805 last sold in November 2022 at AED 1,344 per sqft, 9% below what two-beds in Bay Central - West Tower were fetching at the time (AED 1,471). Over the last 12 months two-beds sold for AED 1,995,000, around AED 1,787 per sqft, and rent for AED 90,000 to 220,000 a year. 2805's AED 93,500 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jul 20261,995,000
7 Oct 20252,275,000
11 Aug 20252,500,000
16 Jun 20252,450,000
1 2-bed sale 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 28th floor

All 350 units in Bay Central - West Tower
Value
28013-bedAED 1.97M · Feb 2013
28022-bedAED 1.58M · Apr 2022
28032-bedAED 2.2M · Oct 2023
28042-bedAED 1.49M · Oct 2013
28063-bedAED 2.46M · Oct 2013

2805, Bay Central - West Tower in numbers

  • Sold 4 times: first on 28 April 2009 for AED 1,937,275, last on 3 November 2022 for AED 1,500,000 (AED 1,344 per sqft).
  • Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 140,000 to AED 75,000 in 2020 and recovered to AED 93,500 by October 2022.
  • At AED 93,500 a year the gross yield on the 2022 price is 6.2%, before a service charge of about AED 24,200 a year (AED 21.65 per sqft).
  • Two-beds in Bay Central - West Tower sold for AED 1,995,000–1,995,000 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 3 November 2022.

Questions about 2805, Bay Central - West Tower

What did unit 2805 last sell for?

AED 1,500,000 on 3 November 2022: AED 1,344 per sqft for 1,116 sqft. The unit has 4 registered sales; the first was AED 1,937,275 in April 2009.

What is the rent for unit 2805?

AED 93,500 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 85,000; the unit has been rented since March 2014.

How big is unit 2805?

1,116 sqft (103.7 sqm): a two-bedroom apartment on the 28th floor of a 39-storey tower completed in 2012.

What is unit 2805 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Bay Central - West Tower sold for AED 1,995,000 to 1,995,000 in the last 12 months, around AED 1,787 per sqft.

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Mortgage on 2805, Bay Central - West Tower

Starts from the last sale price (AED 1.5M, 3 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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