1203, Bay Square 1
Sold prices and rental history: sold 4 times, last in April 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Bay Square 1
What is 1203 worth today?
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Source: Dubai Land Department. Updated 18 April 2025.
Key facts
- Type
- Penthouse apartment
- Size
- 1,563 sqft
- Floor
- 12th of 12
- Parking
- B2-062
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 24,200 /yr
- Last sold
- AED 2M · April 2025
- Building
- Bay Square 1
About 1203, Bay Square 1
1203 is a penthouse of 1,563 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 18 April 2025 for AED 2,000,000, or AED 1,279 per sqft.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 15 May 2021, is AED 72,000 a year: a gross yield of 3.6% on the 2025 price, before the service charge of about AED 24,200 a year.
Sales and rents for 1203 over time
1203 has sold 4 times; the dashed line is the penthouse median of each year in the building.
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 1203 sits
All 10 penthouses →1203's AED 72,000 is at the bottom of that range.
| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Jun 202513 June 2025 | 1,224 sqft | 1,700,000 | 1,388 | ||
| 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 | ||
| 28 Oct 202228 October 2022 | 1,312 sqft | 1,380,000 | 1,051 |
Bay Square 1
Building11 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
Other units on the 12th floor
All 11 units in Bay Square 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | Penthouse | 1,312 sqft | AED 1.38MAED 1,380,000 · Oct 2022October 2022 | 18,000 /yr | |
| 1202 | Penthouse | 1,584 sqft | AED 1.06MAED 1,058,000 · Jan 2015January 2015 | 99,250 /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 |
1203, Bay Square 1 in numbers
- Sold 4 times: first on 26 June 2011 for AED 2,463,000, last on 18 April 2025 for AED 2,000,000 (AED 1,279 per sqft).
- Rented since May 2018 on 4 Ejari contracts, from AED 110,000 to AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2025 price is 3.6%, before a service charge of about AED 24,200 a year (AED 15.50 per sqft).
Source: Dubai Land Department. Updated 18 April 2025.
Questions about 1203, Bay Square 1
What did unit 1203 last sell for?
AED 2,000,000 on 18 April 2025: AED 1,279 per sqft for 1,563 sqft. The unit has 4 registered sales; the first was AED 2,463,000 in June 2011.
What is the rent for unit 1203?
AED 72,000 a year on the contract renewed on 15 May 2021. The previous contract, from May 2020, was AED 77,000; the unit has been rented since May 2018.
How big is unit 1203?
1,563 sqft (145.2 sqm): a penthouse on the 12th floor of a 12-storey tower completed in 2014.
What is unit 1203 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 1203, Bay Square 1
Starts from the last sale price (AED 2M, 18 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →