1-bed · 1,556 sqftBay Square 6, Business Bay · 5th floor · completed 2014

503, Bay Square 6

Sold prices and rental history: sold 3 times, last in February 2025, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 3 February 2025
Last soldAED 1.43M3 February 2025
Current rentAED 105K /yr10 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Bay Square 6

What is 503 worth today?

Last sold for AED 1,430,000 in 2025

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3 Feb 2025SoldReady
AED 1,430,000AED 918 per sqft
10 Sep 2024RentedNew contract
AED 105,000/yr12 months · AED 67 per sqft
22 Aug 2024SoldReady
AED 1,430,000AED 918 per sqft
1 Jul 2018RentedNew contract
AED 90,000/yr12 months · AED 58 per sqft
14 May 2017RentedNew contract
AED 100,000/yr12 months · AED 64 per sqft
5 Aug 2014Sold by developerReady
AED 1,516,000AED 996 per sqft

Source: Dubai Land Department. Updated 3 February 2025.

Key facts

Type
1-bed apartment
Size
1,556 sqft
Floor
5th of 6
Parking
B2-330
Developer
Business Bay
Completed
2014
Service charge
AED 42,000 /yr
Last sold
AED 1.43M · February 2025
Building
Bay Square 6

About 503, Bay Square 6

503 is a one-bedroom apartment of 1,556 sqft on the 5th floor of Bay Square 6, a 6-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 3 February 2025 for AED 1,430,000, or AED 918 per sqft, 25% below the AED 1,225 one-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 10 September 2024, is AED 105,000 a year: a gross yield of 7.3% on the 2025 price, before the service charge of about AED 42,000 a year.

Sales and rents for 503 over time

Sales
Unit 503, each saleTypical one-bed in Bay Square 6
1.4M1.6M20142017202020232026Typical sale price by year: 2014 AED 1,516,000; 2024 AED 1,497,500; 2025 AED 1,725,000Sold by developer, August 2014: AED 1,516,000 (AED 996 per sqft)Sold, August 2024: AED 1,430,000 (AED 918 per sqft)Sold, February 2025: AED 1,430,000 (AED 918 per sqft)

503 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 503, each contractTypical one-bed in Bay Square 6
75K100K2015201820212024Typical rent by year: 2015 AED 110,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 88,750; 2020 AED 65,000; 2021 AED 72,000; 2022 AED 70,575; 2023 AED 87,404; 2024 AED 105,000New contract, May 2017: AED 100,000 a yearNew contract, July 2018: AED 90,000 a yearNew contract, September 2024: AED 105,000 a year

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 6, and where 503 sits

All 13 1-beds →

503 last sold in February 2025 at AED 918 per sqft, 25% below what one-beds in Bay Square 6 were fetching at the time (AED 1,225). Over the last 12 months one-beds sold for AED 2,075,000, around AED 1,695 per sqft, and rent for AED 49,733 to 49,733 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Dec 20252,075,000
18 Jul 20251,725,000
17 Dec 20241,495,000
27 Aug 20241,650,000
1 1-bed sale in the last 12 months

Bay Square 6

Building

17 apartments, studios to 1-bed over 6 floors in Business Bay, completed in 2014 by Business Bay. 1 sold in the last 12 months.

Typical price per sqft
AED 1,695
Typical sale
AED 2.08M
Typical rent
AED 57K /yr
Typical yield
4.0%
Bay Square 6, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 17 units in Bay Square 6
Value
5011-bedAED 1.39M · Aug 2022
5021-bedAED 1.8M · Jun 2014
5041-bedAED 1.57M · Dec 2014
5051-bedAED 1.5M · Dec 2024
5061-bedAED 1.75M · Aug 2022
5071-bedAED 1.73M · Jul 2025
508StudioAED 950K · Oct 2016
1–7 of 8

503, Bay Square 6 in numbers

  • Sold 3 times: first on 5 August 2014 for AED 1,516,000, last on 3 February 2025 for AED 1,430,000 (AED 918 per sqft).
  • Rented since May 2017 on 3 Ejari contracts, from AED 100,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2025 price is 7.3%, before a service charge of about AED 42,000 a year (AED 27.00 per sqft).
  • One-beds in Bay Square 6 sold for AED 2,075,000–2,075,000 in the 12 months to November 2026; the building's median across all types is AED 1,695 per sqft.

Source: Dubai Land Department. Updated 3 February 2025.

Questions about 503, Bay Square 6

What did unit 503 last sell for?

AED 1,430,000 on 3 February 2025: AED 918 per sqft for 1,556 sqft. The unit has 3 registered sales; the first was AED 1,516,000 in August 2014.

What is the rent for unit 503?

AED 105,000 a year on the contract signed on 10 September 2024. The previous contract, from July 2018, was AED 90,000; the unit has been rented since May 2017.

How big is unit 503?

1,556 sqft (144.6 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.

What is unit 503 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bay Square 6 sold for AED 2,075,000 to 2,075,000 in the last 12 months, around AED 1,695 per sqft.

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Mortgage on 503, Bay Square 6

Starts from the last sale price (AED 1.43M, 3 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,430,000
Deposit, UAE resident (20%)
AED 286,000
Deposit, non-resident (40%)
AED 572,000
Monthly over 25 years at 3.7%
AED 5,851

Plus AED 65,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →