Penthouse · 1,563 sqftBay Square 1, Business Bay · 12th floor · completed 2014

1205, 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 3 times, last in April 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1205 · DLD and Ejari recordsUpdated 14 April 2023

Last soldAED 1.73M14 April 2023

Current rentAED 100K /yr28 June 2019

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1205, Bay Square 1

Today

What is 1205 worth today?

Last sold for AED 1,725,000 in 2023

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14 Apr 2023

14 Apr 2023SoldReady

AED 1,725,000AED 1,103 per sqft

9 Aug 2020

9 Aug 2020SoldReady · flagged as an outlier

AED 590,000AED 377 per sqft

28 Jun 2019

28 Jun 2019RentedNew contract

AED 100,000/yr12 months · AED 64 per sqft

4 Jun 2018

4 Jun 2018RentedNew contract

AED 120,000/yr12 months · AED 77 per sqft

1 Jan 2017

1 Jan 2017RentedNew contract

AED 128,000/yr12 months · AED 82 per sqft

1 Jan 2016

1 Jan 2016RentedNew contract

AED 125,000/yr12 months · AED 80 per sqft

16 Jul 2014

16 Jul 2014Sold by developerReady

AED 1,311,001AED 967 per sqft

Source: Dubai Land Department. Updated 14 April 2023.

Key facts

Type: Penthouse apartment
Size: 1,563 sqft
Floor: 12th of 12
Parking: B2-064
Developer: Business Bay
Completed: 2014
Service charge: AED 24,200 /yr
Last sold: AED 1.73M · April 2023
Building: Bay Square 1

About 1205, Bay Square 1

1205 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 14 April 2023 for AED 1,725,000, or AED 1,103 per sqft.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 28 June 2019, is AED 100,000 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 24,200 a year.

Sales and rents for 1205 over time

Sales

Unit 1205, each saleTypical penthouse in Bay Square 1

1205 has sold twice; the dashed line is the penthouse median of each year in the building.

Rents

Unit 1205, 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 1205 sits

All 10 penthouses →

1205's AED 100,000 is in the lower half 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
28 Oct 202228 October 2022	1,312 sqft	1,380,000	1,051

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


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
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
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

1205, Bay Square 1 in numbers

Sold 3 times: first on 16 July 2014 for AED 1,311,001, last on 14 April 2023 for AED 1,725,000 (AED 1,103 per sqft).
Rented since January 2016 on 4 Ejari contracts, from AED 125,000 to AED 100,000 a year.
At AED 100,000 a year the gross yield on the 2023 price is 5.8%, before a service charge of about AED 24,200 a year (AED 15.50 per sqft).

Source: Dubai Land Department. Updated 14 April 2023.

Questions about 1205, Bay Square 1

What did unit 1205 last sell for?

AED 1,725,000 on 14 April 2023: AED 1,103 per sqft for 1,563 sqft. The unit has 3 registered sales; the first was AED 1,311,001 in July 2014.

What is the rent for unit 1205?

AED 100,000 a year on the contract signed on 28 June 2019. The previous contract, from June 2018, was AED 120,000; the unit has been rented since January 2016.

How big is unit 1205?

1,563 sqft (145.2 sqm): a penthouse on the 12th floor of a 12-storey tower completed in 2014.

What is unit 1205 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 1205, Bay Square 1

Starts from the last sale price (AED 1.73M, 14 April 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,725,000
Deposit, UAE resident (20%): AED 345,000
Deposit, non-resident (40%): AED 690,000
Monthly over 25 years at 3.7%: AED 7,058

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