708, Bay Square 3
Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, Bay Square 3
What is 708 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,157 sqft
- Floor
- 7th of 8
- Parking
- B2-174
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 31,200 /yr
- Last sold
- AED 1.12M · December 2014
- Building
- Bay Square 3
About 708, Bay Square 3
708 is a one-bedroom apartment of 1,157 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 9 December 2014 for AED 1,120,595, or AED 968 per sqft, 4% above the AED 933 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 July 2025, is AED 85,000 a year: a gross yield of 7.6% on the 2014 price, before the service charge of about AED 31,200 a year.
Sales and rents for 708 over time
708 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Bay Square 3, and where 708 sits
All 9 1-beds →708 last sold in December 2014 at AED 968 per sqft, 4% above what one-beds in Bay Square 3 were fetching at the time (AED 933).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 May 202526 May 2025 | 1,586 sqft | 1,611,000 | 1,015 | ||
| 1 Feb 20241 February 2024 | 1,225 sqft | 1,350,000 | 1,102 | ||
| 24 Jan 202424 January 2024 | 1,225 sqft | 1,350,000 | 1,102 | ||
| 13 Apr 202313 April 2023 | 1,224 sqft | 1,300,000 | 1,062 |
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 | |
| 705 | Studio | 691 sqft | AED 950KAED 950,000 · May 2024May 2024 | 95,000 /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, Bay Square 3 in numbers
- Sold twice: first on 4 December 2012 for AED 1,120,595, last on 9 December 2014 for AED 1,120,595 (AED 968 per sqft).
- Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 85,000 to AED 55,000 in 2020 and recovered to AED 85,000 by July 2025.
- At AED 85,000 a year the gross yield on the 2014 price is 7.6%, before a service charge of about AED 31,200 a year (AED 27.00 per sqft).
Source: Dubai Land Department. Updated 1 July 2025.
Questions about 708, Bay Square 3
What did unit 708 last sell for?
AED 1,120,595 on 9 December 2014: AED 968 per sqft for 1,157 sqft. The unit has 2 registered sales; the first was AED 1,120,595 in December 2012.
What is the rent for unit 708?
AED 85,000 a year on the contract signed on 1 July 2025. The previous contract, from February 2023, was AED 85,000; the unit has been rented since September 2019.
How big is unit 708?
1,157 sqft (107.5 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.
What is unit 708 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 708, Bay Square 3
Starts from the last sale price (AED 1.12M, 9 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,120,595
- Deposit, UAE resident (20%)
- AED 224,119
- Deposit, non-resident (40%)
- AED 448,238
- Monthly over 25 years at 3.7%
- AED 4,585
Plus AED 52,075 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →