607, Bay Square 10
Sold prices and rental history: sold twice, last in June 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 607, Bay Square 10
What is 607 worth today?
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Source: Dubai Land Department. Updated 2 March 2024.
Key facts
- Type
- Studio apartment
- Size
- 692 sqft
- Floor
- 6th of 7
- Parking
- B2-920
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 16,600 /yr
- Last sold
- AED 1.02M · June 2015
- Building
- Bay Square 10
About 607, Bay Square 10
607 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 16 June 2015 for AED 1,020,000, or AED 1,474 per sqft, 14% above the AED 1,288 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 2 March 2024, is AED 57,500 a year: a gross yield of 5.6% on the 2015 price, before the service charge of about AED 16,600 a year.
Sales and rents for 607 over time
607 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 607 sits
All 14 studios →607 last sold in June 2015 at AED 1,474 per sqft, 14% above what studios in Bay Square 10 were fetching at the time (AED 1,288). 607's AED 57,500 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 | |
| 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 | |
| 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 |
607, Bay Square 10 in numbers
- Sold twice: first on 6 November 2014 for AED 783,000, last on 16 June 2015 for AED 1,020,000 (AED 1,474 per sqft).
- Rented since September 2017 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2022 and recovered to AED 57,500 by March 2024.
- At AED 57,500 a year the gross yield on the 2015 price is 5.6%, before a service charge of about AED 16,600 a year (AED 24.00 per sqft).
Source: Dubai Land Department. Updated 2 March 2024.
Questions about 607, Bay Square 10
What did unit 607 last sell for?
AED 1,020,000 on 16 June 2015: AED 1,474 per sqft for 692 sqft. The unit has 2 registered sales; the first was AED 783,000 in November 2014.
What is the rent for unit 607?
AED 57,500 a year on the contract renewed on 2 March 2024. The previous contract, from March 2023, was AED 57,500; the unit has been rented since September 2017.
How big is unit 607?
692 sqft (64.3 sqm): a studio on the 6th floor of a 7-storey tower completed in 2014.
What is unit 607 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 607, Bay Square 10
Starts from the last sale price (AED 1.02M, 16 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,020,000
- Deposit, UAE resident (20%)
- AED 204,000
- Deposit, non-resident (40%)
- AED 408,000
- Monthly over 25 years at 3.7%
- AED 4,173
Plus AED 47,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →