2-bed · 1,070 sqftBay Central - West Tower, Dubai Marina · 30th floor · completed 2012

3002, Bay Central - West Tower

Sold prices and rental history: sold 6 times, last in December 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3002 · DLD and Ejari recordsUpdated 21 December 2023
Last soldAED 2.5M21 December 2023
Current rentAED 90K /yr15 June 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3002, Bay Central - West Tower

What is 3002 worth today?

Last sold for AED 2,500,000 in 2023

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21 Dec 2023SoldReady
AED 2,500,000AED 2,336 per sqft
11 May 2023SoldReady
AED 1,650,000AED 1,541 per sqft
23 Feb 2020SoldReady
AED 1,050,000AED 981 per sqft
15 Jun 2019RentedNew contract
AED 90,000/yr12 months · AED 84 per sqft
23 Nov 2017RentedNew contract
AED 110,000/yr12 months · AED 103 per sqft
3 Oct 2013SoldReady
AED 1,343,000AED 1,255 per sqft
15 Aug 2012SoldOff-plan
AED 1,343,000AED 1,255 per sqft
23 Jan 2011Sold by developerOff-plan
AED 1,453,200AED 1,358 per sqft

Source: Dubai Land Department. Updated 21 December 2023.

Key facts

Type
2-bed apartment
Size
1,070 sqft
Floor
30th of 39
Parking
M-56
Developer
Bay Central Developments
Completed
2012
Service charge
AED 23,200 /yr
Last sold
AED 2.5M · December 2023

About 3002, Bay Central - West Tower

3002 is a two-bedroom apartment of 1,070 sqft on the 30th floor of Bay Central - West Tower, a 39-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 21 December 2023 for AED 2,500,000, or AED 2,336 per sqft, 46% above the AED 1,596 two-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 15 June 2019, is AED 90,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 23,200 a year.

Sales and rents for 3002 over time

Sales
Unit 3002, 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, January 2011: AED 1,453,200 (AED 1,358 per sqft)Sold, August 2012: AED 1,343,000 (AED 1,255 per sqft)Sold, October 2013: AED 1,343,000 (AED 1,255 per sqft)Sold, February 2020: AED 1,050,000 (AED 981 per sqft)Sold, May 2023: AED 1,650,000 (AED 1,541 per sqft)Sold, December 2023: AED 2,500,000 (AED 2,336 per sqft)

3002 has sold 6 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3002, each contractTypical two-bed in Bay Central - West Tower
75K100K125K2012201620202024Typical 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, November 2017: AED 110,000 a yearNew contract, June 2019: AED 90,000 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 3002 sits

All 51 2-beds →

3002 last sold in December 2023 at AED 2,336 per sqft, 46% above what two-beds in Bay Central - West Tower were fetching at the time (AED 1,596). 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. 3002's AED 90,000 is at the bottom 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 30th floor

All 350 units in Bay Central - West Tower
Value
30013-bedAED 2.24M · Jul 2013
30032-bedAED 2.18M · Apr 2009
30042-bedAED 1.63M · Oct 2015
30052-bedAED 1.91M · Apr 2009
30063-bedAED 1.89M · Oct 2013

3002, Bay Central - West Tower in numbers

  • Sold 6 times: first on 23 January 2011 for AED 1,453,200, last on 21 December 2023 for AED 2,500,000 (AED 2,336 per sqft).
  • Rented since November 2017 on 2 Ejari contracts, from AED 110,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 3.6%, before a service charge of about AED 23,200 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 21 December 2023.

Questions about 3002, Bay Central - West Tower

What did unit 3002 last sell for?

AED 2,500,000 on 21 December 2023: AED 2,336 per sqft for 1,070 sqft. The unit has 6 registered sales; the first was AED 1,453,200 in January 2011.

What is the rent for unit 3002?

AED 90,000 a year on the contract signed on 15 June 2019. The previous contract, from November 2017, was AED 110,000.

How big is unit 3002?

1,070 sqft (99.4 sqm): a two-bedroom apartment on the 30th floor of a 39-storey tower completed in 2012.

What is unit 3002 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 3002, Bay Central - West Tower

Starts from the last sale price (AED 2.5M, 21 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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