1-bed · 693 sqftBay Central - West Tower, Dubai Marina · 5th floor · completed 2012

507, Bay Central - West Tower

Sold prices and rental history: sold once, by the developer in June 2009, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 1 April 2015
Last soldAED 1.78M7 June 2009
Current rentAED 120K /yr1 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Bay Central - West Tower

What is 507 worth today?

Last sold for AED 1,782,188 in 2009

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1 Apr 2015RentedNew contract
AED 120,000/yr12 months · AED 174 per sqft
2 Oct 2014RentedNew contract
AED 105,000/yr12 months · AED 152 per sqft
7 Jun 2009Sold by developerOff-plan
AED 1,782,188AED 2,572 per sqft

Source: Dubai Land Department. Updated 1 April 2015.

Key facts

Type
1-bed apartment
Size
693 sqft
Floor
5th of 39
Parking
B5-131
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,000 /yr
Last sold
AED 1.78M · June 2009

About 507, Bay Central - West Tower

507 is a one-bedroom apartment of 693 sqft on the 5th floor of Bay Central - West Tower, a 39-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. The developer sold it on 7 June 2009 for AED 1,782,188, or AED 2,572 per sqft, 51% above the AED 1,703 one-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 1 April 2015, is AED 120,000 a year: a gross yield of 6.7% on the 2009 price, before the service charge of about AED 15,000 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, June 2009: AED 1,782,188 (AED 2,572 per sqft)

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

Rents
Unit 507, each contractTypical one-bed in Bay Central - West Tower
50K100K2012201620202024Typical 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 2014: AED 105,000 a yearNew contract, April 2015: AED 120,000 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 507 sits

All 180 1-beds →

507 last sold in June 2009 at AED 2,572 per sqft, 51% above what one-beds in Bay Central - West Tower were fetching at the time (AED 1,703). 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. 507's AED 120,000 is in the upper 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 5th floor

All 350 units in Bay Central - West Tower
Value
5011-bedAED 1.45M · Apr 2009
502StudioAED 535K · Sep 2013
5031-bedAED 833K · Oct 2013
5041-bedAED 863K · Oct 2013
505StudioAED 942K · Nov 2009
5061-bedAED 1.21M · Oct 2013
508StudioAED 800K · Jul 2024
1–7 of 11

507, Bay Central - West Tower in numbers

  • Sold once: by Bay Central Developments on 7 June 2009 for AED 1,782,188, or AED 2,572 per sqft.
  • Rented since October 2014 on 2 Ejari contracts, from AED 105,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2009 price is 6.7%, 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 April 2015.

Questions about 507, Bay Central - West Tower

What did unit 507 last sell for?

AED 1,782,188 on 7 June 2009, sold by the developer: AED 2,572 per sqft for 693 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 120,000 a year on the contract signed on 1 April 2015. The previous contract, from October 2014, was AED 105,000.

How big is unit 507?

693 sqft (64.4 sqm): a one-bedroom apartment on the 5th floor of a 39-storey tower completed in 2012.

What is unit 507 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 507, Bay Central - West Tower

Starts from the last sale price (AED 1.78M, 7 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,782,188
Deposit, UAE resident (20%)
AED 356,438
Deposit, non-resident (40%)
AED 712,875
Monthly over 25 years at 3.7%
AED 7,291

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