Penthouse · 1,300 sqftBay Square 12, Business Bay · 10th floor · completed 2014

1007, Bay Square 12

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1007 · DLD and Ejari recordsUpdated 21 June 2026
Last soldAED 1.45M1 August 2023
Current rentAED 115K /yr21 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1007, Bay Square 12

What is 1007 worth today?

Last sold for AED 1,450,000 in 2023

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21 Jun 2026RentedNew contract
AED 115,000/yr12 months · AED 88 per sqft
3 Jan 2026RentedRenewal
AED 110,000/yr3 months · AED 85 per sqft
3 Jan 2025RentedRenewal
AED 110,000/yr12 months · AED 85 per sqft
3 Jan 2025RentedRenewal
AED 110,000/yr12 months · AED 85 per sqft
3 Jan 2024RentedNew contract
AED 120,000/yr12 months · AED 92 per sqft
1 Aug 2023SoldReady
AED 1,450,000AED 1,115 per sqft
23 Jul 2014SoldReady
AED 1,750,000AED 1,612 per sqft
16 Jul 2014Sold by developerReady
AED 1,414,000AED 1,302 per sqft

Source: Dubai Land Department. Updated 21 June 2026.

Key facts

Type
Penthouse apartment
Size
1,300 sqft
Floor
10th of 10
Parking
B2-962
Developer
Business Bay
Completed
2014
Service charge
AED 35,100 /yr
Last sold
AED 1.45M · August 2023

About 1007, Bay Square 12

1007 is a penthouse of 1,300 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 1 August 2023 for AED 1,450,000, or AED 1,115 per sqft.

It has been rented continuously since 2024 on 5 Ejari contracts. The current contract, signed on 21 June 2026, is AED 115,000 a year: a gross yield of 7.9% on the 2023 price, before the service charge of about AED 35,100 a year.

Sales and rents for 1007 over time

Sales
Unit 1007, each saleTypical penthouse in Bay Square 12
1.4M1.6M1.8M2014201720202023Typical sale price by year: 2014 AED 1,654,625; 2023 AED 1,450,000Sold, July 2014: AED 1,750,000 (AED 1,612 per sqft)Sold by developer, July 2014: AED 1,414,000 (AED 1,302 per sqft)Sold, August 2023: AED 1,450,000 (AED 1,115 per sqft)

1007 has sold 3 times; the dashed line is the penthouse median of each year in the building.

Rents
Unit 1007, 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, January 2024: AED 120,000 a yearRenewal, January 2025: AED 110,000 a yearRenewal, January 2025: AED 110,000 a yearRenewal, January 2026: AED 110,000 a yearNew contract, June 2026: AED 115,000 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 1007 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. 1007's AED 115,000 is in the upper half of that range.

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
1004PenthouseAED 2.05M · Oct 2023
1005PenthouseAED 2.5M · Jul 2026
10061-bedAED 1.22M · Mar 2024
1008PenthouseAED 1.73M · May 2015
1–7 of 9

1007, Bay Square 12 in numbers

  • Sold 3 times: first on 16 July 2014 for AED 1,414,000, last on 1 August 2023 for AED 1,450,000 (AED 1,115 per sqft).
  • Rented since January 2024 on 5 Ejari contracts, from AED 120,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2023 price is 7.9%, before a service charge of about AED 35,100 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 21 June 2026.

Questions about 1007, Bay Square 12

What did unit 1007 last sell for?

AED 1,450,000 on 1 August 2023: AED 1,115 per sqft for 1,300 sqft. The unit has 3 registered sales; the first was AED 1,414,000 in July 2014.

What is the rent for unit 1007?

AED 115,000 a year on the contract signed on 21 June 2026. The previous contract, from January 2026, was AED 110,000; the unit has been rented since January 2024.

How big is unit 1007?

1,300 sqft (120.8 sqm): a penthouse on the 10th floor of a 10-storey tower completed in 2014.

What is unit 1007 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 1007, Bay Square 12

Starts from the last sale price (AED 1.45M, 1 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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