603, Bay Square 10
Sold prices and rental history: sold 3 times, last in February 2022, 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 603, Bay Square 10
What is 603 worth today?
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Source: Dubai Land Department. Updated 15 April 2024.
Key facts
- Type
- Studio apartment
- Size
- 692 sqft
- Floor
- 6th of 7
- Parking
- B2-916
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 16,600 /yr
- Last sold
- AED 710K · February 2022
- Building
- Bay Square 10
About 603, Bay Square 10
603 is a studio of 692 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 22 February 2022 for AED 710,000, or AED 1,026 per sqft.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 15 April 2024, is AED 70,000 a year: a gross yield of 9.9% on the 2022 price, before the service charge of about AED 16,600 a year.
Sales and rents for 603 over time
603 has sold 3 times; 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 603 sits
All 14 studios →603's AED 70,000 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 | |||||
|---|---|---|---|---|---|
| 601 | Studio | 701 sqft | AED 1.05MAED 1,047,000 · Nov 2016November 2016 | 76,000 /yr | |
| 602 | Studio | 692 sqft | AED 800KAED 800,000 · Mar 2024March 2024 | 85,000 /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 |
603, Bay Square 10 in numbers
- Sold 3 times: first on 16 November 2014 for AED 834,000, last on 22 February 2022 for AED 710,000 (AED 1,026 per sqft).
- Rented since June 2015 on 6 Ejari contracts. The rent fell from AED 88,000 to AED 48,000 in 2021 and recovered to AED 70,000 by April 2024.
- At AED 70,000 a year the gross yield on the 2022 price is 9.9%, before a service charge of about AED 16,600 a year (AED 24.00 per sqft).
Source: Dubai Land Department. Updated 15 April 2024.
Questions about 603, Bay Square 10
What did unit 603 last sell for?
AED 710,000 on 22 February 2022: AED 1,026 per sqft for 692 sqft. The unit has 3 registered sales; the first was AED 834,000 in November 2014.
What is the rent for unit 603?
AED 70,000 a year on the contract signed on 15 April 2024. The previous contract, from August 2022, was AED 50,000; the unit has been rented since June 2015.
How big is unit 603?
692 sqft (64.3 sqm): a studio on the 6th floor of a 7-storey tower completed in 2014.
What is unit 603 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 603, Bay Square 10
Starts from the last sale price (AED 710K, 22 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 710,000
- Deposit, UAE resident (20%)
- AED 142,000
- Deposit, non-resident (40%)
- AED 284,000
- Monthly over 25 years at 3.7%
- AED 2,905
Plus AED 34,830 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →