Studio · 692 sqftBay Square 10, Business Bay · 6th floor · completed 2014

608, Bay Square 10

Sold prices and rental history: sold twice, last in September 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 1.06M29 September 2015
Current rentAED 55K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Bay Square 10

What is 608 worth today?

Last sold for AED 1,060,000 in 2015

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1 Nov 2022RentedRenewal
AED 55,000/yr12 months · AED 80 per sqft
1 Nov 2021RentedRenewal
AED 55,000/yr12 months · AED 80 per sqft
1 Nov 2020RentedRenewal
AED 55,000/yr12 months · AED 80 per sqft
8 Jul 2019RentedRenewal
AED 45,644/yr16 months · AED 66 per sqft
8 Jul 2018RentedNew contract
AED 65,000/yr12 months · AED 94 per sqft
29 Sep 2015SoldReady
AED 1,060,000AED 1,532 per sqft
16 Oct 2014Sold by developerReady
AED 783,000AED 1,186 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
Studio apartment
Size
692 sqft
Floor
6th of 7
Parking
B2-921
Developer
Business Bay
Completed
2014
Service charge
AED 16,600 /yr
Last sold
AED 1.06M · September 2015

About 608, Bay Square 10

608 is a studio of 692 sqft on the 6th floor of Bay Square 10, a 7-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 29 September 2015 for AED 1,060,000, or AED 1,532 per sqft, 17% above the AED 1,309 studios in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 November 2022, is AED 55,000 a year: a gross yield of 5.2% on the 2015 price, before the service charge of about AED 16,600 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical studio in Bay Square 10
800K1M2014201720202023Typical sale price by year: 2014 AED 787,000; 2015 AED 1,040,000; 2016 AED 930,000; 2024 AED 850,000Sold by developer, October 2014: AED 783,000 (AED 1,186 per sqft)Sold, September 2015: AED 1,060,000 (AED 1,532 per sqft)

608 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 608, each contractTypical studio in Bay Square 10
40K60K80K2014201820222026Typical rent by year: 2014 AED 80,000; 2015 AED 80,000; 2016 AED 80,000; 2017 AED 74,000; 2018 AED 70,500; 2019 AED 57,000; 2020 AED 48,000; 2021 AED 46,500; 2022 AED 54,000; 2023 AED 62,750; 2024 AED 80,500; 2025 AED 85,000; 2026 AED 73,500New contract, July 2018: AED 65,000 a yearRenewal, July 2019: AED 45,644 a yearRenewal, November 2020: AED 55,000 a yearRenewal, November 2021: AED 55,000 a yearRenewal, November 2022: AED 55,000 a year

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

Studios in Bay Square 10, and where 608 sits

All 16 studios →

608 last sold in September 2015 at AED 1,532 per sqft, 17% above what studios in Bay Square 10 were fetching at the time (AED 1,309). Over the last 12 months studios sold for AED 810,000, around AED 1,437 per sqft, and rent for AED 60,637 to 90,000 a year. 608's AED 55,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 2026810,000
27 Oct 2025700,000
15 Sep 20251,130,000
4 Oct 2024850,000
1 studio sale in the last 12 months

Bay Square 10

Building

17 apartments, studios to 1-bed over 7 floors in Business Bay, completed in 2014 by Business Bay. 1 sold in the last 12 months.

Typical price per sqft
AED 1,437
Typical sale
AED 810K
Typical rent
AED 84K /yr
Typical yield
8.0%
Bay Square 10, Business Bay: prices, sales and rents →

Other units on the 6th floor

All 17 units in Bay Square 10
Value
601StudioAED 1.05M · Nov 2016
602StudioAED 800K · Mar 2024
603StudioAED 710K · Feb 2022
604StudioAED 1M · May 2024
6051-bedAED 1.33M · Aug 2016
606StudioAED 480K · Jun 2017
607StudioAED 1.02M · Jun 2015
1–7 of 8

608, Bay Square 10 in numbers

  • Sold twice: first on 16 October 2014 for AED 783,000, last on 29 September 2015 for AED 1,060,000 (AED 1,532 per sqft).
  • Rented since July 2018 on 5 Ejari contracts. The rent fell from AED 65,000 to AED 45,644 in 2019 and recovered to AED 55,000 by November 2022.
  • At AED 55,000 a year the gross yield on the 2015 price is 5.2%, before a service charge of about AED 16,600 a year (AED 24.00 per sqft).
  • Studios in Bay Square 10 sold for AED 810,000–810,000 in the 12 months to November 2026; the building's median across all types is AED 1,437 per sqft.

Source: Dubai Land Department. Updated 1 November 2022.

Questions about 608, Bay Square 10

What did unit 608 last sell for?

AED 1,060,000 on 29 September 2015: AED 1,532 per sqft for 692 sqft. The unit has 2 registered sales; the first was AED 783,000 in October 2014.

What is the rent for unit 608?

AED 55,000 a year on the contract renewed on 1 November 2022. The previous contract, from November 2021, was AED 55,000; the unit has been rented since July 2018.

How big is unit 608?

692 sqft (64.3 sqm): a studio on the 6th floor of a 7-storey tower completed in 2014.

What is unit 608 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Bay Square 10 sold for AED 810,000 to 810,000 in the last 12 months, around AED 1,437 per sqft.

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Mortgage on 608, Bay Square 10

Starts from the last sale price (AED 1.06M, 29 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,060,000
Deposit, UAE resident (20%)
AED 212,000
Deposit, non-resident (40%)
AED 424,000
Monthly over 25 years at 3.7%
AED 4,337

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