Penthouse · 1,590 sqftBay Square 12, Business Bay · 10th floor · completed 2014

1005, Bay Square 12

Sold prices and rental history: sold 6 times, last in July 2026, and rented once, from October 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 30 July 2026
Last soldAED 2.5M30 July 2026
Current rentAED 120K /yr7 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Bay Square 12

What is 1005 worth today?

Last sold for AED 2,500,000 in 2026

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30 Jul 2026SoldReady
AED 2,500,000AED 1,572 per sqft
8 Jan 2024SoldReady
AED 2,000,000AED 1,258 per sqft
7 Oct 2017RentedNew contract
AED 120,000/yr12 months · AED 75 per sqft
26 Jul 2015SoldReady
AED 2,450,000AED 1,541 per sqft
5 Jun 2014SoldReady
AED 2,100,400AED 1,475 per sqft
11 Mar 2014SoldReady
AED 1,851,200AED 1,300 per sqft
19 Feb 2014Sold by developerReady
AED 1,738,000AED 1,220 per sqft

Source: Dubai Land Department. Updated 30 July 2026.

Key facts

Type
Penthouse apartment
Size
1,590 sqft
Floor
10th of 10
Parking
B2-960
Developer
Business Bay
Completed
2014
Service charge
AED 42,900 /yr
Last sold
AED 2.5M · July 2026

About 1005, Bay Square 12

1005 is a penthouse of 1,590 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 30 July 2026 for AED 2,500,000, or AED 1,572 per sqft.

One Ejari contract is registered, from 7 October 2017. The current contract, signed on 7 October 2017, is AED 120,000 a year: a gross yield of 4.8% on the 2026 price, before the service charge of about AED 42,900 a year.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical penthouse in Bay Square 12
1.5M2M2.5M2014201820222026Typical sale price by year: 2014 AED 1,654,625; 2023 AED 1,450,000Sold by developer, February 2014: AED 1,738,000 (AED 1,220 per sqft)Sold, March 2014: AED 1,851,200 (AED 1,300 per sqft)Sold, June 2014: AED 2,100,400 (AED 1,475 per sqft)Sold, July 2015: AED 2,450,000 (AED 1,541 per sqft)Sold, January 2024: AED 2,000,000 (AED 1,258 per sqft)Sold, July 2026: AED 2,500,000 (AED 1,572 per sqft)

1005 has sold 6 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 1005, 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 115,000New contract, October 2017: AED 120,000 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 12, and where 1005 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. 1005's AED 120,000 is at the top of that range.

Recent penthouse salesUnit no.Price (AED)Summary
28 Jan 20252,100,000
25 Dec 20231,331,922
26 Oct 20232,050,000
1 Aug 20231,450,000
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
1004PenthouseAED 2.05M · Oct 2023
10061-bedAED 1.22M · Mar 2024
1007PenthouseAED 1.45M · Aug 2023
1008PenthouseAED 1.73M · May 2015
1–7 of 9

1005, Bay Square 12 in numbers

  • Sold 6 times: first on 19 February 2014 for AED 1,738,000, last on 30 July 2026 for AED 2,500,000 (AED 1,572 per sqft).
  • Rented since October 2017 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2026 price is 4.8%, before a service charge of about AED 42,900 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 30 July 2026.

Questions about 1005, Bay Square 12

What did unit 1005 last sell for?

AED 2,500,000 on 30 July 2026: AED 1,572 per sqft for 1,590 sqft. The unit has 6 registered sales; the first was AED 1,738,000 in February 2014.

What is the rent for unit 1005?

AED 120,000 a year on the contract signed on 7 October 2017.

How big is unit 1005?

1,590 sqft (147.7 sqm): a penthouse on the 10th floor of a 10-storey tower completed in 2014.

What is unit 1005 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 1005, Bay Square 12

Starts from the last sale price (AED 2.5M, 30 July 2026). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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