1-bed · 348 sqftBay Central - West Tower, Dubai Marina · 3rd floor · completed 2012

312, Bay Central - West Tower

Sold prices and rental history: sold 4 times, last in May 2017, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 1 November 2019
Last soldAED 368K23 May 2017
Current rentAED 70K /yr1 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Bay Central - West Tower

What is 312 worth today?

Last sold for AED 368,000 in 2017

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1 Nov 2019RentedRenewal
AED 70,000/yr12 months · AED 100 per sqft
1 Nov 2018RentedNew contract
AED 75,000/yr12 months · AED 107 per sqft
3 Oct 2017RentedNew contract
AED 74,000/yr12 months · AED 106 per sqft
23 May 2017SoldReady
AED 368,000AED 1,058 per sqft
25 Apr 2013SoldReady
AED 987,471AED 1,419 per sqft
11 May 2009Sold by developerOff-plan
AED 987,471AED 1,419 per sqft
11 May 2009SoldOff-plan
AED 987,471AED 1,419 per sqft

Source: Dubai Land Department. Updated 1 November 2019.

Key facts

Type
1-bed apartment
Size
348 sqft
Floor
3rd of 39
Parking
B5-112
Developer
Bay Central Developments
Completed
2012
Service charge
AED 7,500 /yr
Last sold
AED 368K · May 2017

About 312, Bay Central - West Tower

312 is a one-bedroom apartment of 348 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 23 May 2017 for AED 368,000, or AED 1,058 per sqft, 44% below the AED 1,888 one-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 1 November 2019, is AED 70,000 a year: a gross yield of 19.0% on the 2017 price, before the service charge of about AED 7,500 a year.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical one-bed in Bay Central - West Tower
1M2009201420192024Typical 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, May 2009: AED 987,471 (AED 1,419 per sqft)Sold, May 2009: AED 987,471 (AED 1,419 per sqft)Sold, April 2013: AED 987,471 (AED 1,419 per sqft)Sold, May 2017: AED 368,000 (AED 1,058 per sqft)

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

Rents
Unit 312, 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, October 2017: AED 74,000 a yearNew contract, November 2018: AED 75,000 a yearRenewal, November 2019: AED 70,000 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 312 sits

All 180 1-beds →

312 last sold in May 2017 at AED 1,058 per sqft, 44% below what one-beds in Bay Central - West Tower were fetching at the time (AED 1,888). 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. 312's AED 70,000 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
3011-bedAED 1.18M · May 2018
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
1–7 of 11

312, Bay Central - West Tower in numbers

  • Sold 4 times: first on 11 May 2009 for AED 987,471, last on 23 May 2017 for AED 368,000 (AED 1,058 per sqft).
  • Rented since October 2017 on 3 Ejari contracts, from AED 74,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2017 price is 19.0%, before a service charge of about AED 7,500 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 1 November 2019.

Questions about 312, Bay Central - West Tower

What did unit 312 last sell for?

AED 368,000 on 23 May 2017: AED 1,058 per sqft for 348 sqft. The unit has 4 registered sales; the first was AED 987,471 in May 2009.

What is the rent for unit 312?

AED 70,000 a year on the contract renewed on 1 November 2019. The previous contract, from November 2018, was AED 75,000; the unit has been rented since October 2017.

How big is unit 312?

348 sqft (32.3 sqm): a one-bedroom apartment on the 3rd floor of a 39-storey tower completed in 2012.

What is unit 312 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 312, Bay Central - West Tower

Starts from the last sale price (AED 368K, 23 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 368,000
Deposit, UAE resident (20%)
AED 73,600
Deposit, non-resident (40%)
AED 147,200
Monthly over 25 years at 3.7%
AED 1,506

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