1-bed · 693 sqftBay Central - West Tower, Dubai Marina · 4th floor · completed 2012

407, Bay Central - West Tower

Sold prices and rental history: sold twice, last in September 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.06M8 September 2013
Current rentAED 90K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Bay Central - West Tower

What is 407 worth today?

Last sold for AED 1,055,526 in 2013

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1 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 130 per sqft
1 Sep 2024RentedNew contract
AED 90,000/yr12 months · AED 130 per sqft
1 Aug 2023RentedNew contract
AED 80,000/yr12 months · AED 116 per sqft
17 Sep 2022RentedNew contract
AED 90,000/yr12 months · AED 130 per sqft
3 Sep 2021RentedNew contract
AED 64,000/yr12 months · AED 93 per sqft
1 Sep 2020RentedRenewal
AED 60,000/yr12 months · AED 87 per sqft
1 Sep 2019RentedNew contract
AED 66,000/yr12 months · AED 96 per sqft
9 Feb 2019RentedRenewal
AED 75,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
693 sqft
Floor
4th of 39
Parking
B5-119
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,000 /yr
Last sold
AED 1.06M · September 2013

About 407, Bay Central - West Tower

407 is a one-bedroom apartment of 693 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 8 September 2013 for AED 1,055,526, or AED 1,523 per sqft, 17% above the AED 1,304 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, signed on 1 September 2024, is AED 90,000 a year: a gross yield of 8.5% on the 2013 price, before the service charge of about AED 15,000 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, February 2010: AED 1,055,526 (AED 1,523 per sqft)Sold, September 2013: AED 1,055,526 (AED 1,523 per sqft)

407 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, each contractTypical one-bed in Bay Central - West Tower
50K75K100K2012201620202024Typical 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, September 2015: AED 105,000 a yearNew contract, February 2018: AED 78,000 a yearRenewal, February 2019: AED 75,000 a yearNew contract, September 2019: AED 66,000 a yearRenewal, September 2020: AED 60,000 a yearNew contract, September 2021: AED 64,000 a yearNew contract, September 2022: AED 90,000 a yearNew contract, August 2023: AED 80,000 a yearNew contract, September 2024: AED 90,000 a yearNew contract, September 2024: AED 90,000 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 407 sits

All 180 1-beds →

407 last sold in September 2013 at AED 1,523 per sqft, 17% above what one-beds in Bay Central - West Tower were fetching at the time (AED 1,304). 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. 407's AED 90,000 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 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
405StudioAED 780K · Jul 2022
4061-bedAED 1.21M · Oct 2013
408StudioAED 849K · Jun 2009
1–7 of 11

407, Bay Central - West Tower in numbers

  • Sold twice: first on 10 February 2010 for AED 1,055,526, last on 8 September 2013 for AED 1,055,526 (AED 1,523 per sqft).
  • Rented since September 2015 on 10 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2020 and recovered to AED 90,000 by September 2024.
  • At AED 90,000 a year the gross yield on the 2013 price is 8.5%, 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 1 September 2024.

Questions about 407, Bay Central - West Tower

What did unit 407 last sell for?

AED 1,055,526 on 8 September 2013: AED 1,523 per sqft for 693 sqft. The unit has 2 registered sales; the first was AED 1,055,526 in February 2010.

What is the rent for unit 407?

AED 90,000 a year on the contract signed on 1 September 2024. The previous contract, from September 2024, was AED 90,000; the unit has been rented since September 2015.

How big is unit 407?

693 sqft (64.4 sqm): a one-bedroom apartment on the 4th floor of a 39-storey tower completed in 2012.

What is unit 407 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 407, Bay Central - West Tower

Starts from the last sale price (AED 1.06M, 8 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,055,526
Deposit, UAE resident (20%)
AED 211,105
Deposit, non-resident (40%)
AED 422,210
Monthly over 25 years at 3.7%
AED 4,318

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