1-bed · 1,587 sqftBay Square 8, Business Bay · 9th floor · completed 2014

901, Bay Square 8

Sold prices and rental history: sold once, by the developer in January 2015, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 901 · DLD and Ejari recordsUpdated 1 August 2023
Last soldAED 1.74M12 January 2015
Current rentAED 85K /yr1 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 901, Bay Square 8

What is 901 worth today?

Last sold for AED 1,737,585 in 2015

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1 Aug 2023RentedNew contract
AED 85,207/yr10 months · AED 54 per sqft
1 Aug 2022RentedNew contract
AED 85,000/yr12 months · AED 54 per sqft
3 Oct 2016RentedNew contract
AED 130,000/yr12 months · AED 82 per sqft
12 Jan 2015Sold by developerReady
AED 1,737,585AED 1,094 per sqft

Source: Dubai Land Department. Updated 1 August 2023.

Key facts

Type
1-bed apartment
Size
1,587 sqft
Floor
9th of 10
Parking
B2-032
Developer
Business Bay
Completed
2014
Last sold
AED 1.74M · January 2015
Building
Bay Square 8

About 901, Bay Square 8

901 is a one-bedroom apartment of 1,587 sqft on the 9th 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 1,737,585, 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 since 2016 on 3 Ejari contracts. The current contract, signed on 1 August 2023, is AED 85,207 a year: a gross yield of 4.9% on the 2015 price.

Sales and rents for 901 over time

Rents
Unit 901, each contractTypical one-bed in Bay Square 8
100K125K201620192022Typical rent by year: 2016 AED 130,000; 2017 AED 95,385; 2022 AED 85,000; 2023 AED 83,413New contract, October 2016: AED 130,000 a yearNew contract, August 2022: AED 85,000 a yearNew contract, August 2023: AED 85,207 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 8, and where 901 sits

All 7 1-beds →

901 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 salesUnit no.Price (AED)Summary
12 Jan 20151,358,681
12 Jan 20151,398,860
12 Jan 20151,740,649
12 Jan 20151,419,657
0 1-bed sales in the last 12 months

Bay Square 8

Building

17 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
Bay Square 8, Business Bay: prices, sales and rents →

Other units on the 9th floor

All 17 units in Bay Square 8
Value
9021-bedAED 1.76M · Jan 2015
9031-bedAED 1.74M · Jan 2015
904StudioAED 871K · Feb 2023
9051-bedAED 1.34M · Jan 2015
906StudioAED 954K · Dec 2022
907StudioAED 898K · Jan 2023
908StudioAED 943K · Apr 2023
1–7 of 8

901, Bay Square 8 in numbers

  • Sold once: by Business Bay on 12 January 2015 for AED 1,737,585, or AED 1,094 per sqft.
  • Rented since October 2016 on 3 Ejari contracts, from AED 130,000 to AED 85,207 a year.
  • At AED 85,207 a year the gross yield on the 2015 price is 4.9%.

Source: Dubai Land Department. Updated 1 August 2023.

Questions about 901, Bay Square 8

What did unit 901 last sell for?

AED 1,737,585 on 12 January 2015, sold by the developer: AED 1,094 per sqft for 1,587 sqft. It is the only registered sale of the unit.

What is the rent for unit 901?

AED 85,207 a year on the contract signed on 1 August 2023. The previous contract, from August 2022, was AED 85,000; the unit has been rented since October 2016.

How big is unit 901?

1,587 sqft (147.4 sqm): a one-bedroom apartment on the 9th floor of a 10-storey tower completed in 2014.

What is unit 901 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 901, Bay Square 8

Starts from the last sale price (AED 1.74M, 12 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,737,585
Deposit, UAE resident (20%)
AED 347,517
Deposit, non-resident (40%)
AED 695,034
Monthly over 25 years at 3.7%
AED 7,109

Plus AED 77,988 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →