1006, Bay Square 12
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1006, Bay Square 12
What is 1006 worth today?
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Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,180 sqft
- Floor
- 10th of 10
- Parking
- B2-961
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 31,800 /yr
- Last sold
- AED 1.22M · March 2024
- Building
- Bay Square 12
About 1006, Bay Square 12
1006 is a one-bedroom apartment of 1,180 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 27 March 2024 for AED 1,220,000, or AED 1,034 per sqft.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 16 October 2024, is AED 105,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 31,800 a year.
1-beds in Bay Square 12, and where 1006 sits
All 1 1-beds →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 | |
| 1003 | Penthouse | 1,561 sqft | AED 1.46MAED 1,456,000 · Dec 2013December 2013 | 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 | |
| 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 |
1006, Bay Square 12 in numbers
- Sold twice: first on 15 October 2014 for AED 1,264,000, last on 27 March 2024 for AED 1,220,000 (AED 1,034 per sqft).
- Rented since June 2016 on 7 Ejari contracts. The rent fell from AED 100,000 to AED 55,000 in 2021 and recovered to AED 105,000 by October 2024.
- At AED 105,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 31,800 a year (AED 27.00 per sqft).
Source: Dubai Land Department. Updated 16 October 2024.
Questions about 1006, Bay Square 12
What did unit 1006 last sell for?
AED 1,220,000 on 27 March 2024: AED 1,034 per sqft for 1,180 sqft. The unit has 2 registered sales; the first was AED 1,264,000 in October 2014.
What is the rent for unit 1006?
AED 105,000 a year on the contract signed on 16 October 2024. The previous contract, from November 2022, was AED 60,500; the unit has been rented since June 2016.
How big is unit 1006?
1,180 sqft (109.6 sqm): a one-bedroom apartment on the 10th floor of a 10-storey tower completed in 2014.
What is unit 1006 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 1006, Bay Square 12
Starts from the last sale price (AED 1.22M, 27 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,220,000
- Deposit, UAE resident (20%)
- AED 244,000
- Deposit, non-resident (40%)
- AED 488,000
- Monthly over 25 years at 3.7%
- AED 4,991
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →