Penthouse · 1,312 sqftBay Square 1, Business Bay · 12th floor · completed 2014

1201, Bay Square 1

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold 4 times, last in October 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1201 · DLD and Ejari recordsUpdated 11 March 2026

Last soldAED 1.38M28 October 2022

Current rentAED 18K /yr11 March 2026

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1201, Bay Square 1

Today

What is 1201 worth today?

Last sold for AED 1,380,000 in 2022

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11 Mar 2026

11 Mar 2026RentedRenewal · flagged as an outlier

AED 18,000/yr12 months · AED 14 per sqft

11 Mar 2025

11 Mar 2025RentedNew contract · flagged as an outlier

AED 18,000/yr12 months · AED 14 per sqft

11 Mar 2025

11 Mar 2025RentedNew contract · flagged as an outlier

AED 18,000/yr12 months · AED 14 per sqft

28 Oct 2022

28 Oct 2022SoldReady

AED 1,380,000AED 1,051 per sqft

15 Sep 2021

15 Sep 2021RentedNew contract

AED 76,000/yr12 months · AED 58 per sqft

20 Jan 2021

20 Jan 2021RentedNew contract

AED 85,000/yr12 months · AED 65 per sqft

1 Sep 2016

1 Sep 2016SoldReady

AED 925,000AED 704 per sqft

7 Apr 2015

7 Apr 2015SoldReady

AED 2,300,000AED 1,752 per sqft

Source: Dubai Land Department. Updated 11 March 2026.

Key facts

Type: Penthouse apartment
Size: 1,312 sqft
Floor: 12th of 12
Parking: B2-060
Developer: Business Bay
Completed: 2014
Service charge: AED 20,300 /yr
Last sold: AED 1.38M · October 2022
Building: Bay Square 1

About 1201, Bay Square 1

1201 is a penthouse of 1,312 sqft on the 12th floor of Bay Square 1, a 12-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 28 October 2022 for AED 1,380,000, or AED 1,051 per sqft.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 11 March 2026, is AED 18,000 a year: a gross yield of 1.3% on the 2022 price, before the service charge of about AED 20,300 a year.

Sales and rents for 1201 over time

Sales

Unit 1201, each saleTypical penthouse in Bay Square 1

1201 has sold 4 times; the dashed line is the penthouse median of each year in the building.

Rents

Unit 1201, each contractTypical penthouse in Bay Square 1

Annual rent on each registered contract; the dashed line is the penthouse median of each year in the building.

Penthouses in Bay Square 1, and where 1201 sits

All 10 penthouses →

1201's AED 18,000 is at the bottom of that range.

Recent penthouse sales	Size	Price (AED)	Per sqft
13 Jun 202513 June 2025	1,224 sqft	1,700,000	1,388
18 Apr 202518 April 2025	1,563 sqft	2,000,000	1,279
23 Oct 202323 October 2023	1,563 sqft	1,820,000	1,164
14 Apr 202314 April 2023	1,563 sqft	1,725,000	1,103

0 penthouse sales in the last 12 months

Bay Square 1

Building

11 apartments, 1-bed over 12 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: AED 110K /yr
Typical yield

Bay Square 1, Business Bay: prices, sales and rents →

Other units on the 12th floor

All 11 units in Bay Square 1


1202	Penthouse	1,584 sqft	AED 1.06MAED 1,058,000 · Jan 2015January 2015	99,250 /yr
1203	Penthouse	1,563 sqft	AED 2MAED 2,000,000 · Apr 2025April 2025	72,000 /yr
1204	Penthouse	1,563 sqft	AED 1.82MAED 1,820,000 · Oct 2023October 2023	105,000 /yr
1205	Penthouse	1,563 sqft	AED 1.73MAED 1,725,000 · Apr 2023April 2023	100,000 /yr
1206	Penthouse	1,355 sqft	AED 1.68MAED 1,676,000 · Nov 2014November 2014	120,000 /yr
1207	1-bed	1,152 sqft	AED 1.3MAED 1,303,348 · Nov 2014November 2014	100,000 /yr
1208	Penthouse	1,142 sqft	AED 950KAED 950,000 · Sep 2015September 2015	125,000 /yr
1209	Penthouse	1,224 sqft	AED 880KAED 880,000 · Jul 2020July 2020	110,000 /yr
1210	Penthouse	1,224 sqft	AED 1.7MAED 1,700,000 · Jun 2025June 2025	120,000 /yr
1211	Penthouse	1,122 sqft	AED 1.41MAED 1,413,000 · Nov 2014November 2014	84,765 /yr

1–7 of 10

1201, Bay Square 1 in numbers

Sold 4 times: first on 1 April 2014 for AED 1,149,000, last on 28 October 2022 for AED 1,380,000 (AED 1,051 per sqft).
Rented since January 2021 on 5 Ejari contracts, from AED 85,000 to AED 18,000 a year.
At AED 18,000 a year the gross yield on the 2022 price is 1.3%, before a service charge of about AED 20,300 a year (AED 15.50 per sqft).

Source: Dubai Land Department. Updated 11 March 2026.

Questions about 1201, Bay Square 1

What did unit 1201 last sell for?

AED 1,380,000 on 28 October 2022: AED 1,051 per sqft for 1,312 sqft. The unit has 4 registered sales; the first was AED 1,149,000 in April 2014.

What is the rent for unit 1201?

AED 18,000 a year on the contract renewed on 11 March 2026. The previous contract, from March 2025, was AED 18,000; the unit has been rented since January 2021.

How big is unit 1201?

1,312 sqft (121.9 sqm): a penthouse on the 12th floor of a 12-storey tower completed in 2014.

What is unit 1201 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 1201, Bay Square 1

Starts from the last sale price (AED 1.38M, 28 October 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,380,000
Deposit, UAE resident (20%): AED 276,000
Deposit, non-resident (40%): AED 552,000
Monthly over 25 years at 3.7%: AED 5,646

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →