Penthouse · 1,561 sqftBay Square 12, Business Bay · 10th floor · completed 2014

1004, Bay Square 12

Sold prices and rental history: sold 4 times, last in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 26 October 2023
Last soldAED 2.05M26 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Bay Square 12

What is 1004 worth today?

Last sold for AED 2,050,000 in 2023

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26 Oct 2023SoldReady
AED 2,050,000AED 1,313 per sqft
22 Jul 2014SoldReady
AED 1,985,350AED 1,475 per sqft
11 Mar 2014SoldReady
AED 1,615,200AED 1,200 per sqft
19 Feb 2014Sold by developerReady
AED 1,456,000AED 1,082 per sqft

Source: Dubai Land Department. Updated 26 October 2023.

Key facts

Type
Penthouse apartment
Size
1,561 sqft
Floor
10th of 10
Parking
B2-959
Developer
Business Bay
Completed
2014
Service charge
AED 42,100 /yr
Last sold
AED 2.05M · October 2023

About 1004, Bay Square 12

1004 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. It last sold on 26 October 2023 for AED 2,050,000, or AED 1,313 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical penthouse in Bay Square 12
1.5M2M2014201720202023Typical sale price by year: 2014 AED 1,654,625; 2023 AED 1,450,000Sold by developer, February 2014: AED 1,456,000 (AED 1,082 per sqft)Sold, March 2014: AED 1,615,200 (AED 1,200 per sqft)Sold, July 2014: AED 1,985,350 (AED 1,475 per sqft)Sold, October 2023: AED 2,050,000 (AED 1,313 per sqft)

1004 has sold 4 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 1004, each contractTypical penthouse in Bay Square 12
75K100K125K20152018202120242027Typical rent by year: 2015 AED 118,750; 2016 AED 120,000; 2018 AED 107,500; 2019 AED 85,000; 2021 AED 70,000; 2022 AED 71,750; 2023 AED 77,000; 2024 AED 104,709; 2025 AED 117,500; 2026 AED 115,000

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 1004 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.

Recent penthouse salesUnit no.Price (AED)Summary
30 Jul 20262,500,000
28 Jan 20252,100,000
8 Jan 20242,000,000
25 Dec 20231,331,922
1 penthouse sale in the last 12 months

Bay Square 12

Building

10 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%
Bay Square 12, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 10 units in Bay Square 12
Value
1001PenthouseAED 1.74M · Oct 2014
1002PenthouseAED 1.46M · Oct 2014
1003PenthouseAED 1.46M · Dec 2013
1005PenthouseAED 2.5M · Jul 2026
10061-bedAED 1.22M · Mar 2024
1007PenthouseAED 1.45M · Aug 2023
1008PenthouseAED 1.73M · May 2015
1–7 of 9

1004, Bay Square 12 in numbers

  • Sold 4 times: first on 19 February 2014 for AED 1,456,000, last on 26 October 2023 for AED 2,050,000 (AED 1,313 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 26 October 2023.

Questions about 1004, Bay Square 12

What did unit 1004 last sell for?

AED 2,050,000 on 26 October 2023: AED 1,313 per sqft for 1,561 sqft. The unit has 4 registered sales; the first was AED 1,456,000 in February 2014.

How big is unit 1004?

1,561 sqft (145.0 sqm): a penthouse on the 10th floor of a 10-storey tower completed in 2014.

What is unit 1004 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 1004, Bay Square 12

Starts from the last sale price (AED 2.05M, 26 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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