Studio · 563 sqftBay Square 10, Business Bay · 7th floor · completed 2014

703, Bay Square 10

Sold prices and rental history: sold once, by the developer in November 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 27 September 2023
Last soldAED 774K13 November 2014
Current rentAED 75K /yr27 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Bay Square 10

What is 703 worth today?

Last sold for AED 774,000 in 2014

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27 Sep 2023RentedNew contract
AED 75,000/yr12 months · AED 133 per sqft
18 Jul 2022RentedNew contract
AED 60,000/yr12 months · AED 107 per sqft
14 Jan 2022RentedRenewal
AED 45,000/yr3 months · AED 80 per sqft
14 Jan 2021RentedNew contract
AED 43,000/yr12 months · AED 77 per sqft
22 Feb 2015RentedNew contract
AED 81,000/yr12 months · AED 145 per sqft
13 Nov 2014Sold by developerReady
AED 774,000AED 1,373 per sqft

Source: Dubai Land Department. Updated 27 September 2023.

Key facts

Type
Studio apartment
Size
563 sqft
Floor
7th of 7
Parking
B2-925
Developer
Business Bay
Completed
2014
Service charge
AED 13,500 /yr
Last sold
AED 774K · November 2014

About 703, Bay Square 10

703 is a studio of 563 sqft on the 7th floor of Bay Square 10, a 7-storey tower in Business Bay completed in 2014 by Business Bay. The developer sold it on 13 November 2014 for AED 774,000, or AED 1,373 per sqft, 9% above the AED 1,261 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 27 September 2023, is AED 75,000 a year: a gross yield of 9.7% on the 2014 price, before the service charge of about AED 13,500 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical studio in Bay Square 10
800K1M2014201720202023Typical sale price by year: 2014 AED 787,000; 2015 AED 1,060,000; 2024 AED 850,000Sold by developer, November 2014: AED 774,000 (AED 1,373 per sqft)

703 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 703, each contractTypical studio in Bay Square 10
50K75K2015201820212024Typical rent by year: 2015 AED 80,000; 2016 AED 80,000; 2017 AED 74,000; 2018 AED 71,000; 2019 AED 58,500; 2020 AED 49,000; 2021 AED 46,500; 2022 AED 52,000; 2023 AED 68,000; 2024 AED 80,500; 2025 AED 87,500New contract, February 2015: AED 81,000 a yearNew contract, January 2021: AED 43,000 a yearRenewal, January 2022: AED 45,000 a yearNew contract, July 2022: AED 60,000 a yearNew contract, September 2023: AED 75,000 a year

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 703 sits

All 14 studios →

703 last sold in November 2014 at AED 1,373 per sqft, 9% above what studios in Bay Square 10 were fetching at the time (AED 1,261). 703's AED 75,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Oct 2024850,000
14 May 20241,000,000
21 Mar 2024800,000
22 Jun 2023935,000
0 studio sales in the last 12 months

Bay Square 10

Building

17 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
Bay Square 10, Business Bay: prices, sales and rents →

Other units on the 7th floor

All 17 units in Bay Square 10
Value
701AED 1.13M · Sep 2025
702StudioAED 850K · Oct 2024
704StudioAED 787K · Nov 2014
705StudioAED 902K · Feb 2016
706StudioAED 975K · Jun 2015
707StudioAED 998K · Oct 2014
708AED 700K · Oct 2025

703, Bay Square 10 in numbers

  • Sold once: by Business Bay on 13 November 2014 for AED 774,000, or AED 1,373 per sqft.
  • Rented since February 2015 on 5 Ejari contracts. The rent fell from AED 81,000 to AED 43,000 in 2021 and recovered to AED 75,000 by September 2023.
  • At AED 75,000 a year the gross yield on the 2014 price is 9.7%, before a service charge of about AED 13,500 a year (AED 24.00 per sqft).

Source: Dubai Land Department. Updated 27 September 2023.

Questions about 703, Bay Square 10

What did unit 703 last sell for?

AED 774,000 on 13 November 2014, sold by the developer: AED 1,373 per sqft for 563 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 75,000 a year on the contract signed on 27 September 2023. The previous contract, from July 2022, was AED 60,000; the unit has been rented since February 2015.

How big is unit 703?

563 sqft (52.3 sqm): a studio on the 7th floor of a 7-storey tower completed in 2014.

What is unit 703 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 703, Bay Square 10

Starts from the last sale price (AED 774K, 13 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 774,000
Deposit, UAE resident (20%)
AED 154,800
Deposit, non-resident (40%)
AED 309,600
Monthly over 25 years at 3.7%
AED 3,167

Plus AED 37,518 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →