1003, 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 1003, Bay Square 8
What is 1003 worth today?
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Source: Dubai Land Department. Updated 25 July 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,241 sqft
- Floor
- 10th of 10
- Parking
- B2-523
- Developer
- Business Bay
- Completed
- 2014
- Last sold
- AED 1.42M · January 2015
- Building
- Bay Square 8
About 1003, Bay Square 8
1003 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 1,419,657, or AED 1,144 per sqft, in line with 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 25 July 2023, is AED 83,413 a year: a gross yield of 5.9% on the 2015 price.
Sales and rents for 1003 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 1003 sits
All 7 1-beds →1003 last sold in January 2015 at AED 1,144 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 | 1,240 sqft | 1,398,860 | 1,128 | ||
| 12 Jan 201512 January 2015 | 1,590 sqft | 1,740,649 | 1,094 |
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 | |
| 1002 | 1-bed | 1,240 sqft | AED 1.4MAED 1,398,860 · Jan 2015January 2015 | 95,385 /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 |
1003, Bay Square 8 in numbers
- Sold once: by Business Bay on 12 January 2015 for AED 1,419,657, or AED 1,144 per sqft.
- Rented since February 2017 on 4 Ejari contracts, from AED 95,385 to AED 83,413 a year.
- At AED 83,413 a year the gross yield on the 2015 price is 5.9%.
Source: Dubai Land Department. Updated 25 July 2023.
Questions about 1003, Bay Square 8
What did unit 1003 last sell for?
AED 1,419,657 on 12 January 2015, sold by the developer: AED 1,144 per sqft for 1,241 sqft. It is the only registered sale of the unit.
What is the rent for unit 1003?
AED 83,413 a year on the contract signed on 25 July 2023. The previous contract, from July 2022, was AED 85,000; the unit has been rented since February 2017.
How big is unit 1003?
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 1003 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 1003, Bay Square 8
Starts from the last sale price (AED 1.42M, 12 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,419,657
- Deposit, UAE resident (20%)
- AED 283,931
- Deposit, non-resident (40%)
- AED 567,863
- Monthly over 25 years at 3.7%
- AED 5,808
Plus AED 64,635 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →