1-bed · 693 sqftBay Central - West Tower, Dubai Marina · 7th floor · completed 2012

701, Bay Central - West Tower

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 19 March 2024
Last soldAED 1.5M19 March 2024
Current rentAED 80K /yr2 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Bay Central - West Tower

What is 701 worth today?

Last sold for AED 1,500,000 in 2024

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19 Mar 2024SoldReady
AED 1,500,000AED 2,165 per sqft
19 Mar 2024SoldReady
AED 1,500,000AED 2,165 per sqft
2 Dec 2022RentedNew contract
AED 80,000/yr12 months · AED 116 per sqft
10 Nov 2021RentedNew contract
AED 65,000/yr12 months · AED 94 per sqft
15 Sep 2020RentedNew contract
AED 52,000/yr12 months · AED 75 per sqft
15 Oct 2019RentedNew contract
AED 75,000/yr12 months · AED 109 per sqft
5 Oct 2015RentedNew contract
AED 113,000/yr12 months · AED 164 per sqft
22 Oct 2009Sold by developerOff-plan
AED 1,456,397AED 2,102 per sqft

Source: Dubai Land Department. Updated 19 March 2024.

Key facts

Type
1-bed apartment
Size
693 sqft
Floor
7th of 39
Parking
B5-151
Developer
Bay Central Developments
Completed
2012
Service charge
AED 15,000 /yr
Last sold
AED 1.5M · March 2024

About 701, Bay Central - West Tower

701 is a one-bedroom apartment of 693 sqft on the 7th floor of Bay Central - West Tower, a 39-storey tower in Dubai Marina completed in 2012 by Bay Central Developments. It last sold on 19 March 2024 for AED 1,500,000, or AED 2,165 per sqft, 6% above the AED 2,049 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 2 December 2022, is AED 80,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 15,000 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, October 2009: AED 1,456,397 (AED 2,102 per sqft)Sold, March 2024: AED 1,500,000 (AED 2,165 per sqft)Sold, March 2024: AED 1,500,000 (AED 2,165 per sqft)

701 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 701, 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 2015: AED 113,000 a yearNew contract, October 2019: AED 75,000 a yearNew contract, September 2020: AED 52,000 a yearNew contract, November 2021: AED 65,000 a yearNew contract, December 2022: AED 80,000 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 701 sits

All 180 1-beds →

701 last sold in March 2024 at AED 2,165 per sqft, 6% above what one-beds in Bay Central - West Tower were fetching at the time (AED 2,049). 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. 701's AED 80,000 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 7th floor

All 350 units in Bay Central - West Tower
Value
702StudioAED 1.27M · Oct 2026
7031-bedAED 750K · Jul 2020
7041-bedAED 1.03M · May 2013
705StudioAED 1M · Mar 2025
7061-bedAED 900K · Mar 2013
7071-bedAED 1.2M · Apr 2026
708StudioAED 836K · Apr 2009
1–7 of 11

701, Bay Central - West Tower in numbers

  • Sold 3 times: first on 22 October 2009 for AED 1,456,397, last on 19 March 2024 for AED 1,500,000 (AED 2,165 per sqft).
  • Rented since October 2015 on 5 Ejari contracts. The rent fell from AED 113,000 to AED 52,000 in 2020 and recovered to AED 80,000 by December 2022.
  • At AED 80,000 a year the gross yield on the 2024 price is 5.3%, 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 19 March 2024.

Questions about 701, Bay Central - West Tower

What did unit 701 last sell for?

AED 1,500,000 on 19 March 2024: AED 2,165 per sqft for 693 sqft. The unit has 3 registered sales; the first was AED 1,456,397 in October 2009.

What is the rent for unit 701?

AED 80,000 a year on the contract signed on 2 December 2022. The previous contract, from November 2021, was AED 65,000; the unit has been rented since October 2015.

How big is unit 701?

693 sqft (64.4 sqm): a one-bedroom apartment on the 7th floor of a 39-storey tower completed in 2012.

What is unit 701 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 701, Bay Central - West Tower

Starts from the last sale price (AED 1.5M, 19 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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