1-bed · 1,179 sqftBay Square 8, Business Bay · 9th floor · completed 2014

905, Bay Square 8

Sold prices and rental history: sold once, by the developer in January 2015, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 905 · DLD and Ejari recordsUpdated 23 February 2017
Last soldAED 1.34M12 January 2015
Current rentAED 95K /yr23 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 905, Bay Square 8

What is 905 worth today?

Last sold for AED 1,341,942 in 2015

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

23 Feb 2017RentedNew contract
AED 95,385/yr12 months · AED 81 per sqft
23 Feb 2017RentedNew contract
AED 95,385/yr12 months · AED 81 per sqft
12 Jan 2015Sold by developerReady
AED 1,341,942AED 1,137 per sqft

Source: Dubai Land Department. Updated 23 February 2017.

Key facts

Type
1-bed apartment
Size
1,179 sqft
Floor
9th of 10
Parking
B2-036
Developer
Business Bay
Completed
2014
Last sold
AED 1.34M · January 2015
Building
Bay Square 8

About 905, Bay Square 8

905 is a one-bedroom apartment of 1,179 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 1,341,942, or AED 1,137 per sqft, in line with the AED 1,128 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 23 February 2017, is AED 95,385 a year: a gross yield of 7.1% on the 2015 price.

Sales and rents for 905 over time

Rents
Unit 905, each contractTypical one-bed in Bay Square 8
100K125K20162018202020222024Typical rent by year: 2016 AED 130,000; 2017 AED 95,385; 2022 AED 85,000; 2023 AED 83,413New contract, February 2017: AED 95,385 a yearNew contract, February 2017: AED 95,385 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 905 sits

All 7 1-beds →

905 last sold in January 2015 at AED 1,137 per sqft, in line with 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 20151,737,585
12 Jan 20151,398,860
12 Jan 20151,740,649
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
9011-bedAED 1.74M · Jan 2015
9021-bedAED 1.76M · Jan 2015
9031-bedAED 1.74M · Jan 2015
904StudioAED 871K · Feb 2023
906StudioAED 954K · Dec 2022
907StudioAED 898K · Jan 2023
908StudioAED 943K · Apr 2023
1–7 of 8

905, Bay Square 8 in numbers

  • Sold once: by Business Bay on 12 January 2015 for AED 1,341,942, or AED 1,137 per sqft.
  • Rented since February 2017 on 2 Ejari contracts, at AED 95,385 a year.
  • At AED 95,385 a year the gross yield on the 2015 price is 7.1%.

Source: Dubai Land Department. Updated 23 February 2017.

Questions about 905, Bay Square 8

What did unit 905 last sell for?

AED 1,341,942 on 12 January 2015, sold by the developer: AED 1,137 per sqft for 1,179 sqft. It is the only registered sale of the unit.

What is the rent for unit 905?

AED 95,385 a year on the contract signed on 23 February 2017. The previous contract, from February 2017, was AED 95,385.

How big is unit 905?

1,179 sqft (109.5 sqm): a one-bedroom apartment on the 9th floor of a 10-storey tower completed in 2014.

What is unit 905 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 905? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 905, Bay Square 8

Starts from the last sale price (AED 1.34M, 12 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,341,942
Deposit, UAE resident (20%)
AED 268,388
Deposit, non-resident (40%)
AED 536,777
Monthly over 25 years at 3.7%
AED 5,490

Plus AED 61,372 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →