1-bed · 1,224 sqftBay Square 2, Business Bay · 10th floor · completed 2014

1004, Bay Square 2

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 1.23M6 June 2022
Current rentAED 113K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Bay Square 2

What is 1004 worth today?

Last sold for AED 1,228,000 in 2022

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15 Feb 2026RentedRenewal
AED 112,500/yr12 months · AED 92 per sqft
15 Feb 2025RentedNew contract
AED 112,500/yr12 months · AED 92 per sqft
15 Feb 2025RentedNew contract
AED 112,500/yr12 months · AED 92 per sqft
28 Nov 2023RentedNew contract
AED 90,000/yr12 months · AED 74 per sqft
10 Nov 2022RentedNew contract
AED 85,000/yr12 months · AED 69 per sqft
6 Jun 2022SoldReady
AED 1,228,000AED 1,003 per sqft
15 Aug 2021RentedNew contract
AED 70,000/yr12 months · AED 57 per sqft
21 Oct 2014Sold by developerReady
AED 1,561,000AED 1,275 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
1-bed apartment
Size
1,224 sqft
Floor
10th of 10
Parking
B2-123
Developer
Business Bay
Completed
2014
Service charge
AED 33,000 /yr
Last sold
AED 1.23M · June 2022
Building
Bay Square 2

About 1004, Bay Square 2

1004 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 6 June 2022 for AED 1,228,000, or AED 1,003 per sqft.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 15 February 2026, is AED 112,500 a year: a gross yield of 9.2% on the 2022 price, before the service charge of about AED 33,000 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical one-bed in Bay Square 2
1.25M1.5M1.75M20142017202020232026Typical sale price by year: 2014 AED 1,551,500; 2024 AED 1,535,000; 2025 AED 1,702,500Sold by developer, October 2014: AED 1,561,000 (AED 1,275 per sqft)Sold, June 2022: AED 1,228,000 (AED 1,003 per sqft)

1004 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in Bay Square 2
75K100K125K20152018202120242027Typical 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, August 2021: AED 70,000 a yearNew contract, November 2022: AED 85,000 a yearNew contract, November 2023: AED 90,000 a yearNew contract, February 2025: AED 112,500 a yearNew contract, February 2025: AED 112,500 a yearRenewal, February 2026: AED 112,500 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 1004 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. 1004's AED 112,500 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
10021-bedAED 1.28M · Apr 2024
10031-bedAED 1.79M · Sep 2025
10051-bedAED 1.85M · Nov 2015
10061-bedAED 1.28M · Oct 2016
10071-bedAED 2.05M · Nov 2014
1008StudioAED 525K · Jun 2020

1004, Bay Square 2 in numbers

  • Sold twice: first on 21 October 2014 for AED 1,561,000, last on 6 June 2022 for AED 1,228,000 (AED 1,003 per sqft).
  • Rented since August 2021 on 6 Ejari contracts, from AED 70,000 to AED 112,500 a year.
  • At AED 112,500 a year the gross yield on the 2022 price is 9.2%, 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 15 February 2026.

Questions about 1004, Bay Square 2

What did unit 1004 last sell for?

AED 1,228,000 on 6 June 2022: AED 1,003 per sqft for 1,224 sqft. The unit has 2 registered sales; the first was AED 1,561,000 in October 2014.

What is the rent for unit 1004?

AED 112,500 a year on the contract renewed on 15 February 2026. The previous contract, from February 2025, was AED 112,500; the unit has been rented since August 2021.

How big is unit 1004?

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 1004 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 1004, Bay Square 2

Starts from the last sale price (AED 1.23M, 6 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,228,000
Deposit, UAE resident (20%)
AED 245,600
Deposit, non-resident (40%)
AED 491,200
Monthly over 25 years at 3.7%
AED 5,024

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