903, 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 903, Bay Square 8
What is 903 worth today?
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Source: Dubai Land Department. Updated 5 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,590 sqft
- Floor
- 9th of 10
- Parking
- B2-034
- Developer
- Business Bay
- Completed
- 2014
- Last sold
- AED 1.74M · January 2015
- Building
- Bay Square 8
About 903, Bay Square 8
903 is a one-bedroom apartment of 1,590 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 1,740,649, 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 5 March 2024, is AED 25,000 a year: a gross yield of 1.4% on the 2015 price.
Sales and rents for 903 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 903 sits
All 7 1-beds →903 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 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 | 1,241 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 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 | |
| 902 | 1-bed | 1,559 sqft | AED 1.76MAED 1,764,446 · Jan 2015January 2015 | 80,000 /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 |
903, Bay Square 8 in numbers
- Sold once: by Business Bay on 12 January 2015 for AED 1,740,649, or AED 1,094 per sqft.
- Rented since November 2016 on 3 Ejari contracts, from AED 130,000 to AED 25,000 a year.
- At AED 25,000 a year the gross yield on the 2015 price is 1.4%.
Source: Dubai Land Department. Updated 5 March 2024.
Questions about 903, Bay Square 8
What did unit 903 last sell for?
AED 1,740,649 on 12 January 2015, sold by the developer: AED 1,094 per sqft for 1,590 sqft. It is the only registered sale of the unit.
What is the rent for unit 903?
AED 25,000 a year on the contract signed on 5 March 2024. The previous contract, from March 2024, was AED 25,000; the unit has been rented since November 2016.
How big is unit 903?
1,590 sqft (147.7 sqm): a one-bedroom apartment on the 9th floor of a 10-storey tower completed in 2014.
What is unit 903 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 903, 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 1,740,649
- Deposit, UAE resident (20%)
- AED 348,130
- Deposit, non-resident (40%)
- AED 696,260
- Monthly over 25 years at 3.7%
- AED 7,122
Plus AED 78,117 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →