1001, Bay Square 2
Sold prices and rental history: sold twice, last in August 2014, 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 1001, Bay Square 2
What is 1001 worth today?
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Source: Dubai Land Department. Updated 13 January 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,224 sqft
- Floor
- 10th of 10
- Parking
- B2-110
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 33,000 /yr
- Last sold
- AED 2M · August 2014
- Building
- Bay Square 2
About 1001, Bay Square 2
1001 is a one-bedroom apartment of 1,224 sqft on the 10th floor of Bay Square 2, a 10-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 21 August 2014 for AED 2,000,000, or AED 1,634 per sqft, 37% above the AED 1,197 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 13 January 2025, is AED 120,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 33,000 a year.
Sales and rents for 1001 over time
1001 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Bay Square 2, and where 1001 sits
All 15 1-beds →1001 last sold in August 2014 at AED 1,634 per sqft, 37% above what one-beds in Bay Square 2 were fetching at the time (AED 1,197). Over the last 12 months one-beds sold for AED 1,650,000, around AED 1,037 per sqft, and rent for AED 100,000 to 165,000 a year. 1001's AED 120,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Nov 202525 November 2025 | 1,590 sqft | 1,650,000 | 1,037 | ||
| 24 Sep 202524 September 2025 | 1,225 sqft | 1,790,000 | 1,461 | ||
| 17 Mar 202517 March 2025 | 1,586 sqft | 1,680,000 | 1,059 | ||
| 26 Feb 202526 February 2025 | 1,556 sqft | 1,725,000 | 1,108 |
Bay Square 2
Building17 apartments, studios to 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 1,037
- Typical sale
- AED 1.65M
- Typical rent
- AED 110K /yr
- Typical yield
- 8.8%
Other units on the 10th floor
All 17 units in Bay Square 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 1-bed | 1,225 sqft | AED 1.28MAED 1,280,000 · Apr 2024April 2024 | 110,000 /yr | |
| 1003 | 1-bed | 1,225 sqft | AED 1.79MAED 1,790,000 · Sep 2025September 2025 | 90,000 /yr | |
| 1004 | 1-bed | 1,224 sqft | AED 1.23MAED 1,228,000 · Jun 2022June 2022 | 112,500 /yr | |
| 1005 | 1-bed | 1,224 sqft | AED 1.85MAED 1,850,000 · Nov 2015November 2015 | ||
| 1006 | 1-bed | 1,225 sqft | AED 1.28MAED 1,275,000 · Oct 2016October 2016 | 80,000 /yr | |
| 1007 | 1-bed | 1,224 sqft | AED 2.05MAED 2,050,000 · Nov 2014November 2014 | ||
| 1008 | Studio | 563 sqft | AED 525KAED 525,000 · Jun 2020June 2020 | 50,000 /yr |
1001, Bay Square 2 in numbers
- Sold twice: first on 18 August 2014 for AED 1,547,000, last on 21 August 2014 for AED 2,000,000 (AED 1,634 per sqft).
- Rented since January 2016 on 8 Ejari contracts. The rent fell from AED 120,000 to AED 70,000 in 2021 and recovered to AED 120,000 by January 2025.
- At AED 120,000 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 33,000 a year (AED 27.00 per sqft).
- One-beds in Bay Square 2 sold for AED 1,650,000–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,037 per sqft.
Source: Dubai Land Department. Updated 13 January 2025.
Questions about 1001, Bay Square 2
What did unit 1001 last sell for?
AED 2,000,000 on 21 August 2014: AED 1,634 per sqft for 1,224 sqft. The unit has 2 registered sales; the first was AED 1,547,000 in August 2014.
What is the rent for unit 1001?
AED 120,000 a year on the contract signed on 13 January 2025. The previous contract, from January 2025, was AED 120,000; the unit has been rented since January 2016.
How big is unit 1001?
1,224 sqft (113.7 sqm): a one-bedroom apartment on the 10th floor of a 10-storey tower completed in 2014.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bay Square 2 sold for AED 1,650,000 to 1,650,000 in the last 12 months, around AED 1,037 per sqft.
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Mortgage on 1001, Bay Square 2
Starts from the last sale price (AED 2M, 21 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →