Studio · 446 sqftBay Central - West Tower, Dubai Marina · 4th floor · completed 2012

405, Bay Central - West Tower

Sold prices and rental history: sold 5 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 15 July 2022
Last soldAED 780K15 July 2022
Current rentAED 50K /yr1 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Bay Central - West Tower

What is 405 worth today?

Last sold for AED 780,000 in 2022

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15 Jul 2022SoldReady
AED 780,000AED 1,750 per sqft
17 Feb 2021SoldReady
AED 530,000AED 1,189 per sqft
1 Dec 2019RentedNew contract
AED 50,000/yr12 months · AED 112 per sqft
31 Aug 2018RentedRenewal
AED 65,000/yr12 months · AED 146 per sqft
31 Aug 2017RentedRenewal
AED 67,000/yr12 months · AED 150 per sqft
31 Aug 2016RentedNew contract
AED 70,000/yr12 months · AED 157 per sqft
31 Aug 2015RentedNew contract
AED 70,000/yr12 months · AED 159 per sqft
24 Oct 2014RentedNew contract
AED 70,000/yr12 months · AED 159 per sqft

Source: Dubai Land Department. Updated 15 July 2022.

Key facts

Type
Studio apartment
Size
446 sqft
Floor
4th of 39
Parking
B5-117
Developer
Bay Central Developments
Completed
2012
Service charge
AED 9,600 /yr
Last sold
AED 780K · July 2022

About 405, Bay Central - West Tower

405 is a studio of 446 sqft on the 4th floor of Bay Central - West Tower, a 39-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 15 July 2022 for AED 780,000, or AED 1,750 per sqft, in line with the AED 1,750 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 December 2019, is AED 50,000 a year: a gross yield of 6.4% on the 2022 price, before the service charge of about AED 9,600 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, September 2012: AED 508,512 (AED 1,141 per sqft)Sold, March 2013: AED 508,512 (AED 1,141 per sqft)Sold, June 2013: AED 630,000 (AED 1,413 per sqft)Sold, February 2021: AED 530,000 (AED 1,189 per sqft)Sold, July 2022: AED 780,000 (AED 1,750 per sqft)

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

Rents
Unit 405, each contractTypical studio in Bay Central - West Tower
60K2012201620202024Typical 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, October 2013: AED 44,625 a yearNew contract, October 2014: AED 70,000 a yearNew contract, August 2015: AED 70,000 a yearNew contract, August 2016: AED 70,000 a yearRenewal, August 2017: AED 67,000 a yearRenewal, August 2018: AED 65,000 a yearNew contract, December 2019: AED 50,000 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 405 sits

All 89 studios →

405 last sold in July 2022 at AED 1,750 per sqft, in line with what studios in Bay Central - West Tower were fetching at the time (AED 1,750). 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. 405's AED 50,000 is in the lower 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 4th floor

All 350 units in Bay Central - West Tower
Value
4011-bedAED 970K · Feb 2021
402StudioAED 1.03M · Dec 2023
4031-bedAED 730K · Oct 2013
4041-bedAED 726K · Aug 2013
4061-bedAED 1.21M · Oct 2013
4071-bedAED 1.06M · Sep 2013
408StudioAED 849K · Jun 2009
1–7 of 11

405, Bay Central - West Tower in numbers

  • Sold 5 times: first on 24 September 2012 for AED 508,512, last on 15 July 2022 for AED 780,000 (AED 1,750 per sqft).
  • Rented since October 2013 on 7 Ejari contracts, from AED 44,625 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 6.4%, 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 15 July 2022.

Questions about 405, Bay Central - West Tower

What did unit 405 last sell for?

AED 780,000 on 15 July 2022: AED 1,750 per sqft for 446 sqft. The unit has 5 registered sales; the first was AED 508,512 in September 2012.

What is the rent for unit 405?

AED 50,000 a year on the contract signed on 1 December 2019. The previous contract, from August 2018, was AED 65,000; the unit has been rented since October 2013.

How big is unit 405?

446 sqft (41.4 sqm): a studio on the 4th floor of a 39-storey tower completed in 2012.

What is unit 405 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 405, Bay Central - West Tower

Starts from the last sale price (AED 780K, 15 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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