601, Bay Square 10
Sold prices and rental history: sold twice, last in November 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Bay Square 10
What is 601 worth today?
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Source: Dubai Land Department. Updated 1 February 2024.
Key facts
- Type
- Studio apartment
- Size
- 701 sqft
- Floor
- 6th of 7
- Parking
- B2-865
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 16,800 /yr
- Last sold
- AED 1.05M · November 2016
- Building
- Bay Square 10
About 601, Bay Square 10
601 is a studio of 701 sqft on the 6th floor of Bay Square 10, a 7-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 13 November 2016 for AED 1,047,000, or AED 1,494 per sqft.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 1 February 2024, is AED 76,000 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 16,800 a year.
Sales and rents for 601 over time
601 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Bay Square 10, and where 601 sits
All 14 studios →601's AED 76,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Oct 20244 October 2024 | 563 sqft | 850,000 | 1,508 | ||
| 14 May 202414 May 2024 | 849 sqft | 1,000,000 | 1,177 | ||
| 21 Mar 202421 March 2024 | 692 sqft | 800,000 | 1,156 | ||
| 22 Jun 202322 June 2023 | 692 sqft | 935,000 | 1,351 |
Bay Square 10
Building17 apartments, studios to 1-bed over 7 floors in Business Bay, completed in 2014 by Business Bay. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 88K /yr
- Typical yield
Other units on the 6th floor
All 17 units in Bay Square 10| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | Studio | 692 sqft | AED 800KAED 800,000 · Mar 2024March 2024 | 85,000 /yr | |
| 603 | Studio | 692 sqft | AED 710KAED 710,000 · Feb 2022February 2022 | 70,000 /yr | |
| 604 | Studio | 849 sqft | AED 1MAED 1,000,000 · May 2024May 2024 | 100,000 /yr | |
| 605 | 1-bed | 1,187 sqft | AED 1.33MAED 1,330,000 · Aug 2016August 2016 | 105,000 /yr | |
| 606 | Studio | 701 sqft | AED 480KAED 480,000 · Jun 2017June 2017 | 90,000 /yr | |
| 607 | Studio | 692 sqft | AED 1.02MAED 1,020,000 · Jun 2015June 2015 | 57,500 /yr | |
| 608 | Studio | 692 sqft | AED 1.06MAED 1,060,000 · Sep 2015September 2015 | 55,000 /yr | |
| 609 | Studio | 849 sqft | AED 950KAED 950,000 · Oct 2017October 2017 | 75,000 /yr |
601, Bay Square 10 in numbers
- Sold twice: first on 30 October 2014 for AED 850,000, last on 13 November 2016 for AED 1,047,000 (AED 1,494 per sqft).
- Rented since December 2015 on 4 Ejari contracts. The rent fell from AED 80,000 to AED 56,000 in 2022 and recovered to AED 76,000 by February 2024.
- At AED 76,000 a year the gross yield on the 2016 price is 7.3%, before a service charge of about AED 16,800 a year (AED 24.00 per sqft).
Source: Dubai Land Department. Updated 1 February 2024.
Questions about 601, Bay Square 10
What did unit 601 last sell for?
AED 1,047,000 on 13 November 2016: AED 1,494 per sqft for 701 sqft. The unit has 2 registered sales; the first was AED 850,000 in October 2014.
What is the rent for unit 601?
AED 76,000 a year on the contract signed on 1 February 2024. The previous contract, from August 2022, was AED 56,000; the unit has been rented since December 2015.
How big is unit 601?
701 sqft (65.1 sqm): a studio on the 6th floor of a 7-storey tower completed in 2014.
What is unit 601 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 601, Bay Square 10
Starts from the last sale price (AED 1.05M, 13 November 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,047,000
- Deposit, UAE resident (20%)
- AED 209,400
- Deposit, non-resident (40%)
- AED 418,800
- Monthly over 25 years at 3.7%
- AED 4,284
Plus AED 48,984 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →