Bay Central Tower is located just a few minutes’ walk from the renowned promenade of The Walk and one of Dubai's most popular beaches, JBR Beach. The complex comprises two 39-storey and one 47-storey tower, connected by a podium. The eastern tower is occupied by the 5-star Intercontinental Dubai Marina hotel, while the central and western towers house 747 residences. The construction of the complex was completed in 2012.
Residents can purchase studios and apartments with 1-3 bedrooms ranging in size from 420 sq. ft to 1,658 sq. ft, as well as penthouses with 4-5 bedrooms measuring up to 3,767 sq. ft.
In the second quarter of 2023, the starting price for a studio in Bay Central Tower is AED 900K (USD 245K). The cost of 1-bedroom apartments is AED 1.5M (USD 408K).
Due to its location and amenities, Bay Central Tower is economically attractive and popular among families with children, young couples, working professionals, and tourists. It offers proximity to Dubai's business centres, famous landmarks, and beaches. There are also numerous educational institutions and development centres in the vicinity.
The starting rental price for a studio in Bay Central Tower is AED 75K (USD 21K) per year, with an ROI of 7.5 %. The annual rent for a 2-bedroom apartment is AED 145K (USD 40K), with an ROI of 7.3 %.
Purchasing property in Bay Central Tower allows buyers to obtain one of the two main residency visas. Property with a value starting from AED 750K (USD 204K) lets the owner obtain a two-year visa. Apartment owners with a property value starting from AED 2M (USD 545K) can apply for a Golden Visa with a validity period of 10 years.