1003, Bay Square 12
Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1003, Bay Square 12
What is 1003 worth today?
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Source: Dubai Land Department. Updated 25 October 2025.
Key facts
- Type
- Penthouse apartment
- Size
- 1,561 sqft
- Floor
- 10th of 10
- Parking
- B2-958
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 42,100 /yr
- Last sold
- AED 1.46M · December 2013
- Building
- Bay Square 12
About 1003, Bay Square 12
1003 is a penthouse of 1,561 sqft on the 10th floor of Bay Square 12, a 10-storey tower in Business Bay completed in 2014 by Business Bay. The developer sold it on 8 December 2013 for AED 1,456,000, or AED 1,082 per sqft.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, renewed on 25 October 2025, is AED 120,000 a year: a gross yield of 8.2% on the 2013 price, before the service charge of about AED 42,100 a year.
Sales and rents for 1003 over time
1003 has sold once; 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 12, and where 1003 sits
All 9 penthouses →Over the last 12 months penthouses sold for AED 2,500,000, around AED 1,572 per sqft, and rent for AED 110,000 to 120,000 a year. 1003's AED 120,000 is at the top of that range.
| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jul 202630 July 2026 | 1,590 sqft | 2,500,000 | 1,572 | ||
| 28 Jan 202528 January 2025 | 1,224 sqft | 2,100,000 | 1,715 | ||
| 8 Jan 20248 January 2024 | 1,590 sqft | 2,000,000 | 1,258 | ||
| 25 Dec 202325 December 2023 | 1,224 sqft | 1,331,922 | 1,087 |
Bay Square 12
Building10 apartments, 1-bed over 10 floors in Business Bay, completed in 2014 by Business Bay. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,572
- Typical sale
- AED 2.5M
- Typical rent
- AED 115K /yr
- Typical yield
- 5.4%
Other units on the 10th floor
All 10 units in Bay Square 12| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | Penthouse | 1,424 sqft | AED 1.74MAED 1,738,000 · Oct 2014October 2014 | 115,000 /yr | |
| 1002 | Penthouse | 1,346 sqft | AED 1.46MAED 1,456,000 · Oct 2014October 2014 | 120,000 /yr | |
| 1004 | Penthouse | 1,561 sqft | AED 2.05MAED 2,050,000 · Oct 2023October 2023 | ||
| 1005 | Penthouse | 1,590 sqft | AED 2.5MAED 2,500,000 · Jul 2026July 2026 | 120,000 /yr | |
| 1006 | 1-bed | 1,180 sqft | AED 1.22MAED 1,220,000 · Mar 2024March 2024 | 105,000 /yr | |
| 1007 | Penthouse | 1,300 sqft | AED 1.45MAED 1,450,000 · Aug 2023August 2023 | 115,000 /yr | |
| 1008 | Penthouse | 1,222 sqft | AED 1.73MAED 1,730,000 · May 2015May 2015 | 110,000 /yr | |
| 1009 | Penthouse | 1,224 sqft | AED 2.1MAED 2,100,000 · Jan 2025January 2025 | 67,021 /yr | |
| 1010 | Penthouse | 1,085 sqft | AED 1.7MAED 1,700,000 · May 2014May 2014 |
1003, Bay Square 12 in numbers
- Sold once: by Business Bay on 8 December 2013 for AED 1,456,000, or AED 1,082 per sqft.
- Rented since January 2015 on 9 Ejari contracts. The rent fell from AED 180,000 to AED 77,000 in 2021 and recovered to AED 120,000 by October 2025.
- At AED 120,000 a year the gross yield on the 2013 price is 8.2%, before a service charge of about AED 42,100 a year (AED 27.00 per sqft).
- Penthouses in Bay Square 12 sold for AED 2,500,000–2,500,000 in the 12 months to November 2026; the building's median across all types is AED 1,572 per sqft.
Source: Dubai Land Department. Updated 25 October 2025.
Questions about 1003, Bay Square 12
What did unit 1003 last sell for?
AED 1,456,000 on 8 December 2013, sold by the developer: AED 1,082 per sqft for 1,561 sqft. It is the only registered sale of the unit.
What is the rent for unit 1003?
AED 120,000 a year on the contract renewed on 25 October 2025. The previous contract, from October 2024, was AED 110,000; the unit has been rented since January 2015.
How big is unit 1003?
1,561 sqft (145.0 sqm): a penthouse on the 10th floor of a 10-storey tower completed in 2014.
What is unit 1003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Penthouses in Bay Square 12 sold for AED 2,500,000 to 2,500,000 in the last 12 months, around AED 1,572 per sqft.
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Mortgage on 1003, Bay Square 12
Starts from the last sale price (AED 1.46M, 8 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 1,456,000
- Deposit, UAE resident (20%)
- AED 291,200
- Deposit, non-resident (40%)
- AED 582,400
- Monthly over 25 years at 3.7%
- AED 5,957
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →