1008, Bay Square 12
Sold prices and rental history: sold twice, last in May 2015, 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 1008, Bay Square 12
What is 1008 worth today?
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Source: Dubai Land Department. Updated 3 November 2026.
Key facts
- Type
- Penthouse apartment
- Size
- 1,222 sqft
- Floor
- 10th of 10
- Parking
- B2-963
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 33,000 /yr
- Last sold
- AED 1.73M · May 2015
- Building
- Bay Square 12
About 1008, Bay Square 12
1008 is a penthouse of 1,222 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 4 May 2015 for AED 1,730,000, or AED 1,415 per sqft, in line with the AED 1,415 penthouses in the building were fetching at the time.
It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 3 November 2026, is AED 110,000 a year: a gross yield of 6.4% on the 2015 price, before the service charge of about AED 33,000 a year.
Sales and rents for 1008 over time
1008 has sold twice; 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 1008 sits
All 9 penthouses →1008 last sold in May 2015 at AED 1,415 per sqft, in line with what penthouses in Bay Square 12 were fetching at the time (AED 1,415). 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. 1008's AED 110,000 is at the bottom 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 | |
| 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 | |
| 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 | |
| 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 |
1008, Bay Square 12 in numbers
- Sold twice: first on 13 November 2014 for AED 1,414,000, last on 4 May 2015 for AED 1,730,000 (AED 1,415 per sqft).
- Rented since June 2015 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 72,000 in 2020 and recovered to AED 110,000 by November 2026.
- At AED 110,000 a year the gross yield on the 2015 price is 6.4%, before a service charge of about AED 33,000 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 3 November 2026.
Questions about 1008, Bay Square 12
What did unit 1008 last sell for?
AED 1,730,000 on 4 May 2015: AED 1,415 per sqft for 1,222 sqft. The unit has 2 registered sales; the first was AED 1,414,000 in November 2014.
What is the rent for unit 1008?
AED 110,000 a year on the contract signed on 3 November 2026. The previous contract, from November 2025, was AED 115,000; the unit has been rented since June 2015.
How big is unit 1008?
1,222 sqft (113.5 sqm): a penthouse on the 10th floor of a 10-storey tower completed in 2014.
What is unit 1008 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 1008, Bay Square 12
Starts from the last sale price (AED 1.73M, 4 May 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,730,000
- Deposit, UAE resident (20%)
- AED 346,000
- Deposit, non-resident (40%)
- AED 692,000
- Monthly over 25 years at 3.7%
- AED 7,078
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →