1005, Bay Square 8
Sold prices and rental history: sold twice, last in December 2022, 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 1005, Bay Square 8
What is 1005 worth today?
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Source: Dubai Land Department. Updated 30 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 563 sqft
- Floor
- 10th of 10
- Parking
- B2-525
- Developer
- Business Bay
- Completed
- 2014
- Last sold
- AED 798K · December 2022
- Building
- Bay Square 8
About 1005, Bay Square 8
1005 is a studio of 563 sqft on the 10th floor of Bay Square 8, a 10-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 14 December 2022 for AED 798,334, or AED 1,417 per sqft, in line with the AED 1,417 studios in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 30 June 2025, is AED 83,000 a year: a gross yield of 10.4% on the 2022 price.
Sales and rents for 1005 over time
1005 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Bay Square 8, and where 1005 sits
All 10 studios →1005 last sold in December 2022 at AED 1,417 per sqft, in line with what studios in Bay Square 8 were fetching at the time (AED 1,417).
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jun 202524 June 2025 | 563 sqft | 1,000,000 | 1,774 | ||
| 28 Sep 202328 September 2023 | 563 sqft | 859,138 | 1,524 | ||
| 22 Jun 202322 June 2023 | 691 sqft | 860,000 | 1,243 | ||
| 3 Apr 20233 April 2023 | 684 sqft | 943,299 | 1,378 |
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 | |
| 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 | |
| 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 |
1005, Bay Square 8 in numbers
- Sold twice: first on 12 January 2015 for AED 616,661, last on 14 December 2022 for AED 798,334 (AED 1,417 per sqft).
- Rented since February 2017 on 6 Ejari contracts. The rent fell from AED 95,385 to AED 68,571 in 2022 and recovered to AED 83,000 by June 2025.
- At AED 83,000 a year the gross yield on the 2022 price is 10.4%.
Source: Dubai Land Department. Updated 30 June 2025.
Questions about 1005, Bay Square 8
What did unit 1005 last sell for?
AED 798,334 on 14 December 2022: AED 1,417 per sqft for 563 sqft. The unit has 2 registered sales; the first was AED 616,661 in January 2015.
What is the rent for unit 1005?
AED 83,000 a year on the contract renewed on 30 June 2025. The previous contract, from June 2024, was AED 72,000; the unit has been rented since February 2017.
How big is unit 1005?
563 sqft (52.3 sqm): a studio on the 10th floor of a 10-storey tower completed in 2014.
What is unit 1005 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 1005, Bay Square 8
Starts from the last sale price (AED 798K, 14 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 798,334
- Deposit, UAE resident (20%)
- AED 159,667
- Deposit, non-resident (40%)
- AED 319,334
- Monthly over 25 years at 3.7%
- AED 3,266
Plus AED 38,540 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →