
902, 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.
Property timeline for 902, Bay Square 8
What is 902 worth today?
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Source: Dubai Land Department. Updated 27 March 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,559 sqft
- Floor
- 9th of 10
- Parking
- B2-033
- Developer
- Business Bay
- Completed
- 2014
- Last sold
- AED 1.76M · January 2015
- Building
- Bay Square 8
About 902, Bay Square 8
902 is a one-bedroom apartment of 1,559 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 1,764,446, or AED 1,131 per sqft, in line with the AED 1,128 one-beds in the building were fetching at the time.
It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 27 March 2022, is AED 80,000 a year: a gross yield of 4.5% on the 2015 price.
Sales and rents for 902 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 902 sits
All 7 1-beds →902 last sold in January 2015 at AED 1,131 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 9th floor
All 17 units in Bay Square 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 1-bed | 1,587 sqft | AED 1.74MAED 1,737,585 · Jan 2015January 2015 | 85,207 /yr | |
| 903 | 1-bed | 1,590 sqft | AED 1.74MAED 1,740,649 · Jan 2015January 2015 | 25,000 /yr | |
| 904 | Studio | 691 sqft | AED 871KAED 871,252 · Feb 2023February 2023 | 90,000 /yr | |
| 905 | 1-bed | 1,179 sqft | AED 1.34MAED 1,341,942 · Jan 2015January 2015 | 95,385 /yr | |
| 906 | Studio | 692 sqft | AED 954KAED 953,525 · Dec 2022December 2022 | 71,615 /yr | |
| 907 | Studio | 684 sqft | AED 898KAED 898,380 · Jan 2023January 2023 | 72,000 /yr | |
| 908 | Studio | 684 sqft | AED 943KAED 943,299 · Apr 2023April 2023 | 74,000 /yr | |
| 909 | Studio | 691 sqft | AED 860KAED 860,000 · Jun 2023June 2023 | 53,000 /yr |
902, Bay Square 8 in numbers
- Sold once: by Business Bay on 12 January 2015 for AED 1,764,446, or AED 1,131 per sqft.
- Rented since November 2016 on 2 Ejari contracts, from AED 130,000 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2015 price is 4.5%.
Source: Dubai Land Department. Updated 27 March 2022.
Questions about 902, Bay Square 8
What did unit 902 last sell for?
AED 1,764,446 on 12 January 2015, sold by the developer: AED 1,131 per sqft for 1,559 sqft. It is the only registered sale of the unit.
What is the rent for unit 902?
AED 80,000 a year on the contract signed on 27 March 2022. The previous contract, from November 2016, was AED 130,000.
How big is unit 902?
1,559 sqft (144.8 sqm): a one-bedroom apartment on the 9th floor of a 10-storey tower completed in 2014.
What is unit 902 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 902, Bay Square 8
Starts from the last sale price (AED 1.76M, 12 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,764,446
- Deposit, UAE resident (20%)
- AED 352,889
- Deposit, non-resident (40%)
- AED 705,778
- Monthly over 25 years at 3.7%
- AED 7,219
Plus AED 79,117 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →