1002, Bay Square 8
Sold prices and rental history: sold once, by the developer in January 2015, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Bay Square 8
What is 1002 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 23 February 2017.
Key facts
- Type
- 1-bed apartment
- Size
- 1,240 sqft
- Floor
- 10th of 10
- Parking
- B2-522
- Developer
- Business Bay
- Completed
- 2014
- Last sold
- AED 1.4M · January 2015
- Building
- Bay Square 8
About 1002, Bay Square 8
1002 is a one-bedroom apartment of 1,240 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 1,398,860, or AED 1,128 per sqft, in line with the AED 1,128 one-beds in the building were fetching at the time.
It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 23 February 2017, is AED 95,385 a year: a gross yield of 6.8% on the 2015 price.
Sales and rents for 1002 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 1002 sits
All 7 1-beds →1002 last sold in January 2015 at AED 1,128 per sqft, in line with 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 | 1,241 sqft | 1,358,681 | 1,094 | ||
| 12 Jan 201512 January 2015 | 1,587 sqft | 1,737,585 | 1,094 | ||
| 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 | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 1,241 sqft | AED 1.36MAED 1,358,681 · Jan 2015January 2015 | 80,211 /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 |
1002, Bay Square 8 in numbers
- Sold once: by Business Bay on 12 January 2015 for AED 1,398,860, or AED 1,128 per sqft.
- Rented since February 2017 on 2 Ejari contracts, at AED 95,385 a year.
- At AED 95,385 a year the gross yield on the 2015 price is 6.8%.
Source: Dubai Land Department. Updated 23 February 2017.
Questions about 1002, Bay Square 8
What did unit 1002 last sell for?
AED 1,398,860 on 12 January 2015, sold by the developer: AED 1,128 per sqft for 1,240 sqft. It is the only registered sale of the unit.
What is the rent for unit 1002?
AED 95,385 a year on the contract signed on 23 February 2017. The previous contract, from February 2017, was AED 95,385.
How big is unit 1002?
1,240 sqft (115.2 sqm): a one-bedroom apartment on the 10th floor of a 10-storey tower completed in 2014.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 1002? 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 1002, Bay Square 8
Starts from the last sale price (AED 1.4M, 12 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,398,860
- Deposit, UAE resident (20%)
- AED 279,772
- Deposit, non-resident (40%)
- AED 559,544
- Monthly over 25 years at 3.7%
- AED 5,723
Plus AED 63,762 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →