705, Bay Square 3
Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Bay Square 3
What is 705 worth today?
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Source: Dubai Land Department. Updated 14 August 2025.
Key facts
- Type
- Studio apartment
- Size
- 691 sqft
- Floor
- 7th of 8
- Parking
- B2-422
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 18,700 /yr
- Last sold
- AED 950K · May 2024
- Building
- Bay Square 3
About 705, Bay Square 3
705 is a studio of 691 sqft on the 7th floor of Bay Square 3, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 24 May 2024 for AED 950,000, or AED 1,373 per sqft, in line with the AED 1,373 studios in the building were fetching at the time.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 14 August 2025, is AED 95,000 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 18,700 a year.
Sales and rents for 705 over time
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Bay Square 3, and where 705 sits
All 6 studios →705 last sold in May 2024 at AED 1,373 per sqft, in line with what studios in Bay Square 3 were fetching at the time (AED 1,373).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Apr 20253 April 2025 | 684 sqft | 1,050,000 | 1,534 | ||
| 21 Jan 202521 January 2025 | 691 sqft | 1,000,000 | 1,446 | ||
| 17 Oct 202317 October 2023 | 563 sqft | 900,000 | 1,597 | ||
| 1 Feb 20171 February 2017 | 563 sqft | 825,000 | 1,464 |
Bay Square 3
Building15 apartments, studios to 1-bed over 8 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 90K /yr
- Typical yield
Other units on the 7th floor
All 15 units in Bay Square 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 1,545 sqft | AED 1.35MAED 1,351,792 · Dec 2014December 2014 | 95,000 /yr | |
| 702 | 1-bed | 1,556 sqft | AED 1.38MAED 1,383,000 · Aug 2022August 2022 | 70,000 /yr | |
| 703 | 1-bed | 1,556 sqft | AED 1.3MAED 1,302,000 · Jun 2013June 2013 | 90,000 /yr | |
| 704 | 1-bed | 1,586 sqft | AED 1.61MAED 1,611,000 · May 2025May 2025 | 90,000 /yr | |
| 706 | Studio | 684 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 90,000 /yr | |
| 707 | Studio | 691 sqft | AED 1MAED 1,000,000 · Jan 2025January 2025 | 70,000 /yr | |
| 708 | 1-bed | 1,157 sqft | AED 1.12MAED 1,120,595 · Dec 2014December 2014 | 85,000 /yr |
705, Bay Square 3 in numbers
- Sold 4 times: first on 30 October 2014 for AED 637,000, last on 24 May 2024 for AED 950,000 (AED 1,373 per sqft).
- Rented since December 2014 on 5 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2022 and recovered to AED 95,000 by August 2025.
- At AED 95,000 a year the gross yield on the 2024 price is 10.0%, before a service charge of about AED 18,700 a year (AED 27.00 per sqft).
Source: Dubai Land Department. Updated 14 August 2025.
Questions about 705, Bay Square 3
What did unit 705 last sell for?
AED 950,000 on 24 May 2024: AED 1,373 per sqft for 691 sqft. The unit has 4 registered sales; the first was AED 637,000 in October 2014.
What is the rent for unit 705?
AED 95,000 a year on the contract signed on 14 August 2025. The previous contract, from June 2024, was AED 98,000; the unit has been rented since December 2014.
How big is unit 705?
691 sqft (64.2 sqm): a studio on the 7th floor of a 8-storey tower completed in 2014.
What is unit 705 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 705, Bay Square 3
Starts from the last sale price (AED 950K, 24 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →