1-bed · 1,225 sqftBay Square 2, Business Bay · 10th floor · completed 2014

1002, Bay Square 2

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 1.28M3 April 2024
Current rentAED 110K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Bay Square 2

What is 1002 worth today?

Last sold for AED 1,280,000 in 2024

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1 Oct 2026RentedRenewal
AED 110,000/yr12 months · AED 90 per sqft
1 Oct 2025RentedRenewal
AED 110,000/yr12 months · AED 90 per sqft
1 Sep 2024RentedNew contract
AED 110,000/yr13 months · AED 90 per sqft
3 Apr 2024SoldReady
AED 1,280,000AED 1,045 per sqft
28 Jun 2022RentedNew contract
AED 62,700/yr12 months · AED 51 per sqft
28 Jun 2022RentedRenewal
AED 62,700/yr12 months · AED 51 per sqft
28 Jun 2021RentedRenewal
AED 57,000/yr12 months · AED 46 per sqft
28 Jun 2020RentedNew contract
AED 60,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
1-bed apartment
Size
1,225 sqft
Floor
10th of 10
Parking
B2-111
Developer
Business Bay
Completed
2014
Service charge
AED 33,100 /yr
Last sold
AED 1.28M · April 2024
Building
Bay Square 2

About 1002, Bay Square 2

1002 is a one-bedroom apartment of 1,225 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 3 April 2024 for AED 1,280,000, or AED 1,045 per sqft.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 110,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 33,100 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical one-bed in Bay Square 2
1.4M1.6M20142017202020232026Typical sale price by year: 2014 AED 1,551,500; 2024 AED 1,535,000; 2025 AED 1,702,500Sold by developer, October 2014: AED 1,332,000 (AED 1,087 per sqft)Sold, April 2024: AED 1,280,000 (AED 1,045 per sqft)

1002 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1002, each contractTypical one-bed in Bay Square 2
50K100K2014201820222026Typical rent by year: 2015 AED 115,000; 2016 AED 119,668; 2017 AED 105,000; 2018 AED 97,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 90,000; 2024 AED 90,000; 2025 AED 112,500; 2026 AED 111,250New contract, December 2014: AED 114,000 a yearNew contract, December 2017: AED 95,000 a yearRenewal, December 2018: AED 90,000 a yearNew contract, June 2020: AED 60,000 a yearRenewal, June 2021: AED 57,000 a yearNew contract, June 2022: AED 62,700 a yearRenewal, June 2022: AED 62,700 a yearNew contract, September 2024: AED 110,000 a yearRenewal, October 2025: AED 110,000 a yearRenewal, October 2026: AED 110,000 a year

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 1002 sits

All 15 1-beds →

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. 1002's AED 110,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Nov 20251,650,000
24 Sep 20251,790,000
17 Mar 20251,680,000
26 Feb 20251,725,000
1 1-bed sale in the last 12 months

Bay Square 2

Building

17 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%
Bay Square 2, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 17 units in Bay Square 2
Value
10011-bedAED 2M · Aug 2014
10031-bedAED 1.79M · Sep 2025
10041-bedAED 1.23M · Jun 2022
10051-bedAED 1.85M · Nov 2015
10061-bedAED 1.28M · Oct 2016
10071-bedAED 2.05M · Nov 2014
1008StudioAED 525K · Jun 2020

1002, Bay Square 2 in numbers

  • Sold twice: first on 15 October 2014 for AED 1,332,000, last on 3 April 2024 for AED 1,280,000 (AED 1,045 per sqft).
  • Rented since December 2014 on 10 Ejari contracts. The rent fell from AED 114,000 to AED 57,000 in 2021 and recovered to AED 110,000 by October 2026.
  • At AED 110,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 33,100 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 1 October 2026.

Questions about 1002, Bay Square 2

What did unit 1002 last sell for?

AED 1,280,000 on 3 April 2024: AED 1,045 per sqft for 1,225 sqft. The unit has 2 registered sales; the first was AED 1,332,000 in October 2014.

What is the rent for unit 1002?

AED 110,000 a year on the contract renewed on 1 October 2026. The previous contract, from October 2025, was AED 110,000; the unit has been rented since December 2014.

How big is unit 1002?

1,225 sqft (113.8 sqm): a one-bedroom apartment on the 10th floor of a 10-storey tower completed in 2014.

What is unit 1002 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 1002, Bay Square 2

Starts from the last sale price (AED 1.28M, 3 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,280,000
Deposit, UAE resident (20%)
AED 256,000
Deposit, non-resident (40%)
AED 512,000
Monthly over 25 years at 3.7%
AED 5,237

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