1001, Bay Square 8
Sold prices and rental history: sold once, by the developer in January 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 1001, Bay Square 8
What is 1001 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,241 sqft
- Floor
- 10th of 10
- Parking
- B2-521
- Developer
- Business Bay
- Completed
- 2014
- Last sold
- AED 1.36M · January 2015
- Building
- Bay Square 8
About 1001, Bay Square 8
1001 is a one-bedroom apartment of 1,241 sqft on the 10th floor of Bay Square 8, a 10-storey tower in Business Bay completed in 2014 by Business Bay. The developer sold it on 12 January 2015 for AED 1,358,681, or AED 1,094 per sqft, 3% below the AED 1,128 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 5 August 2023, is AED 80,211 a year: a gross yield of 5.9% on the 2015 price.
Sales and rents for 1001 over time
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 8, and where 1001 sits
All 7 1-beds →1001 last sold in January 2015 at AED 1,094 per sqft, 3% below what one-beds in Bay Square 8 were fetching at the time (AED 1,128).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jan 201512 January 2015 | 1,587 sqft | 1,737,585 | 1,094 | ||
| 12 Jan 201512 January 2015 | 1,240 sqft | 1,398,860 | 1,128 | ||
| 12 Jan 201512 January 2015 | 1,590 sqft | 1,740,649 | 1,094 | ||
| 12 Jan 201512 January 2015 | 1,241 sqft | 1,419,657 | 1,144 |
Bay Square 8
Building17 apartments, studios to 1-bed over 10 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
- Few contracts
- Typical yield
Other units on the 10th floor
All 17 units in Bay Square 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 1-bed | 1,240 sqft | AED 1.4MAED 1,398,860 · Jan 2015January 2015 | 95,385 /yr | |
| 1003 | 1-bed | 1,241 sqft | AED 1.42MAED 1,419,657 · Jan 2015January 2015 | 83,413 /yr | |
| 1004 | Studio | 563 sqft | AED 1MAED 1,000,000 · Jun 2025June 2025 | 80,000 /yr | |
| 1005 | Studio | 563 sqft | AED 798KAED 798,334 · Dec 2022December 2022 | 83,000 /yr | |
| 1006 | Studio | 563 sqft | AED 839KAED 838,521 · Dec 2022December 2022 | 95,385 /yr | |
| 1007 | Studio | 563 sqft | AED 799KAED 798,591 · Jan 2023January 2023 | 75,000 /yr | |
| 1008 | Studio | 563 sqft | AED 859KAED 859,138 · Sep 2023September 2023 | 40,000 /yr |
1001, Bay Square 8 in numbers
- Sold once: by Business Bay on 12 January 2015 for AED 1,358,681, or AED 1,094 per sqft.
- Rented since February 2017 on 4 Ejari contracts, from AED 95,385 to AED 80,211 a year.
- At AED 80,211 a year the gross yield on the 2015 price is 5.9%.
Source: Dubai Land Department. Updated 5 August 2023.
Questions about 1001, Bay Square 8
What did unit 1001 last sell for?
AED 1,358,681 on 12 January 2015, sold by the developer: AED 1,094 per sqft for 1,241 sqft. It is the only registered sale of the unit.
What is the rent for unit 1001?
AED 80,211 a year on the contract signed on 5 August 2023. The previous contract, from August 2022, was AED 85,000; the unit has been rented since February 2017.
How big is unit 1001?
1,241 sqft (115.3 sqm): a one-bedroom apartment on the 10th floor of a 10-storey tower completed in 2014.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 1001? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1001, Bay Square 8
Starts from the last sale price (AED 1.36M, 12 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,358,681
- Deposit, UAE resident (20%)
- AED 271,736
- Deposit, non-resident (40%)
- AED 543,472
- Monthly over 25 years at 3.7%
- AED 5,559
Plus AED 62,074 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →