Penthouse · 1,122 sqftBay Square 1, Business Bay · 12th floor · completed 2014

1211, Bay Square 1

Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1211 · DLD and Ejari recordsUpdated 21 September 2026
Last soldAED 1.41M19 November 2014
Current rentAED 85K /yr21 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1211, Bay Square 1

What is 1211 worth today?

Last sold for AED 1,413,000 in 2014

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21 Sep 2026RentedNew contract
AED 84,765/yr12 months · AED 65 per sqft
20 Jul 2026RentedNew contract
AED 110,000/yr12 months · AED 84 per sqft
11 Feb 2026RentedNew contract
AED 190,000/yr12 months · AED 146 per sqft
1 Oct 2025RentedNew contract
AED 170,000/yr12 months · AED 131 per sqft
15 Sep 2025RentedNew contract
AED 155,000/yr12 months · AED 119 per sqft
19 Nov 2024RentedRenewal
AED 79,778/yr12 months · AED 61 per sqft
9 Jan 2024RentedNew contract
AED 125,000/yr12 months · AED 96 per sqft
1 Oct 2020RentedNew contract
AED 72,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 21 September 2026.

Key facts

Type
Penthouse apartment
Size
1,122 sqft
Floor
12th of 12
Parking
B2-155
Developer
Business Bay
Completed
2014
Service charge
AED 17,400 /yr
Last sold
AED 1.41M · November 2014
Building
Bay Square 1

About 1211, Bay Square 1

1211 is a penthouse of 1,122 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 19 November 2014 for AED 1,413,000, or AED 1,259 per sqft, 4% above the AED 1,213 penthouses in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 21 September 2026, is AED 84,765 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 17,400 a year.

Sales and rents for 1211 over time

Sales
Unit 1211, each saleTypical penthouse in Bay Square 1
1M2M201120132015Typical sale price by year: 2011 AED 2,561,500; 2014 AED 1,400,000; 2015 AED 1,058,000Sold by developer, July 2011: AED 2,660,000 (AED 2,042 per sqft)Sold, November 2014: AED 1,413,000 (AED 1,259 per sqft)

1211 has sold twice; the dashed line is the penthouse median of each year in the building.

Rents
Unit 1211, each contractTypical penthouse in Bay Square 1
100K200K2017202020232026Typical rent by year: 2017 AED 110,000; 2018 AED 120,000; 2019 AED 95,000; 2020 AED 77,000; 2021 AED 85,000; 2022 AED 90,000; 2023 AED 102,125; 2024 AED 109,351; 2025 AED 150,000; 2026 AED 115,000New contract, December 2017: AED 100,000 a yearNew contract, October 2020: AED 72,000 a yearNew contract, January 2024: AED 125,000 a yearRenewal, November 2024: AED 79,778 a yearNew contract, September 2025: AED 155,000 a yearNew contract, October 2025: AED 170,000 a yearNew contract, February 2026: AED 190,000 a yearNew contract, July 2026: AED 110,000 a yearNew contract, September 2026: AED 84,765 a year

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 1211 sits

All 10 penthouses →

1211 last sold in November 2014 at AED 1,259 per sqft, 4% above what penthouses in Bay Square 1 were fetching at the time (AED 1,213). 1211's AED 84,765 is at the bottom of that range.

Recent penthouse salesUnit no.Price (AED)Summary
13 Jun 20251,700,000
18 Apr 20252,000,000
23 Oct 20231,820,000
14 Apr 20231,725,000
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
Value
1201PenthouseAED 1.38M · Oct 2022
1202PenthouseAED 1.06M · Jan 2015
1203PenthouseAED 2M · Apr 2025
1204PenthouseAED 1.82M · Oct 2023
1205PenthouseAED 1.73M · Apr 2023
1206PenthouseAED 1.68M · Nov 2014
12071-bedAED 1.3M · Nov 2014
1–7 of 10

1211, Bay Square 1 in numbers

  • Sold twice: first on 11 July 2011 for AED 2,660,000, last on 19 November 2014 for AED 1,413,000 (AED 1,259 per sqft).
  • Rented since December 2017 on 9 Ejari contracts. The rent fell from AED 100,000 to AED 72,000 in 2020 and recovered to AED 84,765 by September 2026.
  • At AED 84,765 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 17,400 a year (AED 15.50 per sqft).

Source: Dubai Land Department. Updated 21 September 2026.

Questions about 1211, Bay Square 1

What did unit 1211 last sell for?

AED 1,413,000 on 19 November 2014: AED 1,259 per sqft for 1,122 sqft. The unit has 2 registered sales; the first was AED 2,660,000 in July 2011.

What is the rent for unit 1211?

AED 84,765 a year on the contract signed on 21 September 2026. The previous contract, from July 2026, was AED 110,000; the unit has been rented since December 2017.

How big is unit 1211?

1,122 sqft (104.2 sqm): a penthouse on the 12th floor of a 12-storey tower completed in 2014.

What is unit 1211 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 1211, Bay Square 1

Starts from the last sale price (AED 1.41M, 19 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,413,000
Deposit, UAE resident (20%)
AED 282,600
Deposit, non-resident (40%)
AED 565,200
Monthly over 25 years at 3.7%
AED 5,781

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