1209, Bay Square 1
Sold prices and rental history: sold twice, last in July 2020, and rented once, from March 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1209, Bay Square 1
What is 1209 worth today?
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Source: Dubai Land Department. Updated 23 July 2020.
Key facts
- Type
- Penthouse apartment
- Size
- 1,224 sqft
- Floor
- 12th of 12
- Parking
- B2-153
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 19,000 /yr
- Last sold
- AED 880K · July 2020
- Building
- Bay Square 1
About 1209, Bay Square 1
1209 is a penthouse of 1,224 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 23 July 2020 for AED 880,000, or AED 718 per sqft.
One Ejari contract is registered, from 20 March 2017. The current contract, signed on 20 March 2017, is AED 110,000 a year: a gross yield of 12.5% on the 2020 price, before the service charge of about AED 19,000 a year.
Sales and rents for 1209 over time
1209 has sold twice; 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 1209 sits
All 10 penthouses →1209's AED 110,000 is in the lower half 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 | ||
| 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 |
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 | |
| 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 | |
| 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 |
1209, Bay Square 1 in numbers
- Sold twice: first on 2 May 2017 for AED 1,750,000, last on 23 July 2020 for AED 880,000 (AED 718 per sqft).
- Rented since March 2017 on one Ejari contract, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2020 price is 12.5%, before a service charge of about AED 19,000 a year (AED 15.50 per sqft).
Source: Dubai Land Department. Updated 23 July 2020.
Questions about 1209, Bay Square 1
What did unit 1209 last sell for?
AED 880,000 on 23 July 2020: AED 718 per sqft for 1,224 sqft. The unit has 2 registered sales; the first was AED 1,750,000 in May 2017.
What is the rent for unit 1209?
AED 110,000 a year on the contract signed on 20 March 2017.
How big is unit 1209?
1,224 sqft (113.7 sqm): a penthouse on the 12th floor of a 12-storey tower completed in 2014.
What is unit 1209 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 1209, Bay Square 1
Starts from the last sale price (AED 880K, 23 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 880,000
- Deposit, UAE resident (20%)
- AED 176,000
- Deposit, non-resident (40%)
- AED 352,000
- Monthly over 25 years at 3.7%
- AED 3,600
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →