1-bed · 693 sqftBay Central - West Tower, Dubai Marina · 3rd floor · completed 2012

301, Bay Central - West Tower

Sold prices and rental history: sold 4 times, last in May 2018, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 28 May 2018
Last soldAED 1.18M28 May 2018
Current rentAED 85K /yr28 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Bay Central - West Tower

What is 301 worth today?

Last sold for AED 1,180,000 in 2018

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28 May 2018SoldReady
AED 1,180,000AED 1,703 per sqft
10 Nov 2013SoldReady
AED 910,000AED 1,313 per sqft
28 Mar 2013RentedNew contract
AED 85,000/yr12 months · AED 123 per sqft
2 Dec 2012RentedNew contract
AED 63,000/yr12 months · AED 91 per sqft
1 Aug 2012SoldOff-plan
AED 910,000AED 1,313 per sqft
27 Apr 2009Sold by developerOff-plan
AED 957,847AED 1,382 per sqft

Source: Dubai Land Department. Updated 28 May 2018.

Key facts

Type
1-bed apartment
Size
693 sqft
Floor
3rd of 39
Parking
B5-17
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,000 /yr
Last sold
AED 1.18M · May 2018

About 301, Bay Central - West Tower

301 is a one-bedroom apartment of 693 sqft on the 3rd floor of Bay Central - West Tower, a 39-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 28 May 2018 for AED 1,180,000, or AED 1,703 per sqft, in line with the AED 1,731 one-beds in the building were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 28 March 2013, is AED 85,000 a year: a gross yield of 7.2% on the 2018 price, before the service charge of about AED 15,000 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical one-bed in Bay Central - West Tower
1M1.5M2009201420192024Typical 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, April 2009: AED 957,847 (AED 1,382 per sqft)Sold, August 2012: AED 910,000 (AED 1,313 per sqft)Sold, November 2013: AED 910,000 (AED 1,313 per sqft)Sold, May 2018: AED 1,180,000 (AED 1,703 per sqft)

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

Rents
Unit 301, each contractTypical one-bed in Bay Central - West Tower
60K80K2012201620202024Typical 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, December 2012: AED 63,000 a yearNew contract, March 2013: AED 85,000 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 301 sits

All 180 1-beds →

301 last sold in May 2018 at AED 1,703 per sqft, in line with what one-beds in Bay Central - West Tower were fetching at the time (AED 1,731). 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. 301's AED 85,000 is in the lower 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 3rd floor

All 350 units in Bay Central - West Tower
Value
302StudioAED 1.02M · Oct 2013
3031-bedAED 1.3M · Apr 2014
3041-bedAED 1.52M · Mar 2024
305StudioAED 700K · Jul 2023
3061-bedAED 1.81M · Apr 2009
3071-bedAED 848K · Jul 2013
308StudioAED 814K · Jun 2009
1–7 of 11

301, Bay Central - West Tower in numbers

  • Sold 4 times: first on 27 April 2009 for AED 957,847, last on 28 May 2018 for AED 1,180,000 (AED 1,703 per sqft).
  • Rented since December 2012 on 2 Ejari contracts, from AED 63,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2018 price is 7.2%, 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 28 May 2018.

Questions about 301, Bay Central - West Tower

What did unit 301 last sell for?

AED 1,180,000 on 28 May 2018: AED 1,703 per sqft for 693 sqft. The unit has 4 registered sales; the first was AED 957,847 in April 2009.

What is the rent for unit 301?

AED 85,000 a year on the contract signed on 28 March 2013. The previous contract, from December 2012, was AED 63,000.

How big is unit 301?

693 sqft (64.4 sqm): a one-bedroom apartment on the 3rd floor of a 39-storey tower completed in 2012.

What is unit 301 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 301, Bay Central - West Tower

Starts from the last sale price (AED 1.18M, 28 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,180,000
Deposit, UAE resident (20%)
AED 236,000
Deposit, non-resident (40%)
AED 472,000
Monthly over 25 years at 3.7%
AED 4,828

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