Studio · 446 sqftBay Central - West Tower, Dubai Marina · 5th floor · completed 2012

508, Bay Central - West Tower

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 508 · DLD and Ejari recordsUpdated 31 January 2026
Last soldAED 800K4 July 2024
Current rentAED 70K /yr31 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Bay Central - West Tower

What is 508 worth today?

Last sold for AED 800,000 in 2024

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31 Jan 2026RentedNew contract
AED 70,000/yr12 months · AED 157 per sqft
31 Jan 2025RentedNew contract
AED 70,000/yr12 months · AED 159 per sqft
4 Jul 2024SoldReady
AED 800,000AED 1,795 per sqft
15 Apr 2024RentedRenewal
AED 66,550/yr12 months · AED 149 per sqft
15 Apr 2023RentedRenewal
AED 60,500/yr12 months · AED 136 per sqft
15 Apr 2022RentedNew contract
AED 55,000/yr12 months · AED 123 per sqft
4 Apr 2021RentedRenewal
AED 45,000/yr12 months · AED 101 per sqft
4 Apr 2020RentedRenewal
AED 50,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 31 January 2026.

Key facts

Type
Studio apartment
Size
446 sqft
Floor
5th of 39
Parking
B5-132
Developer
Bay Central Developments
Completed
2012
Service charge
AED 9,600 /yr
Last sold
AED 800K · July 2024

About 508, Bay Central - West Tower

508 is a studio of 446 sqft on the 5th floor of Bay Central - West Tower, a 39-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 4 July 2024 for AED 800,000, or AED 1,795 per sqft, 17% below the AED 2,168 studios in the building were fetching at the time.

It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, signed on 31 January 2026, is AED 70,000 a year: a gross yield of 8.8% on the 2024 price, before the service charge of about AED 9,600 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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, November 2009: AED 834,759 (AED 1,873 per sqft)Sold, November 2009: AED 834,759 (AED 1,873 per sqft)Sold, July 2024: AED 800,000 (AED 1,795 per sqft)

508 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 508, each contractTypical studio in Bay Central - West Tower
50K75K100K2012201620202024Typical 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, September 2013: AED 50,000 a yearNew contract, September 2014: AED 52,500 a yearNew contract, September 2015: AED 57,750 a yearNew contract, September 2016: AED 100,000 a yearNew contract, September 2016: AED 60,637 a yearRenewal, September 2017: AED 60,637 a yearRenewal, September 2018: AED 60,637 a yearNew contract, April 2019: AED 53,000 a yearRenewal, April 2020: AED 50,000 a yearRenewal, April 2021: AED 45,000 a yearNew contract, April 2022: AED 55,000 a yearRenewal, April 2023: AED 60,500 a yearRenewal, April 2024: AED 66,550 a yearNew contract, January 2025: AED 70,000 a yearNew contract, January 2026: AED 70,000 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 508 sits

All 89 studios →

508 last sold in July 2024 at AED 1,795 per sqft, 17% below what studios in Bay Central - West Tower were fetching at the time (AED 2,168). 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. 508's AED 70,000 is in the upper 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 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
5071-bedAED 1.78M · Jun 2009
1–7 of 11

508, Bay Central - West Tower in numbers

  • Sold 3 times: first on 9 November 2009 for AED 834,759, last on 4 July 2024 for AED 800,000 (AED 1,795 per sqft).
  • Rented since September 2013 on 15 Ejari contracts, from AED 50,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 8.8%, 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 31 January 2026.

Questions about 508, Bay Central - West Tower

What did unit 508 last sell for?

AED 800,000 on 4 July 2024: AED 1,795 per sqft for 446 sqft. The unit has 3 registered sales; the first was AED 834,759 in November 2009.

What is the rent for unit 508?

AED 70,000 a year on the contract signed on 31 January 2026. The previous contract, from January 2025, was AED 70,000; the unit has been rented since September 2013.

How big is unit 508?

446 sqft (41.4 sqm): a studio on the 5th floor of a 39-storey tower completed in 2012.

What is unit 508 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 508, Bay Central - West Tower

Starts from the last sale price (AED 800K, 4 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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