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

1005, Bay Square 2

Sold prices and rental history: sold twice, last in November 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 8 November 2015
Last soldAED 1.85M8 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Bay Square 2

What is 1005 worth today?

Last sold for AED 1,850,000 in 2015

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8 Nov 2015SoldReady
AED 1,850,000AED 1,512 per sqft
9 Sep 2014Sold by developerReady
AED 1,556,000AED 1,271 per sqft

Source: Dubai Land Department. Updated 8 November 2015.

Key facts

Type
1-bed apartment
Size
1,224 sqft
Floor
10th of 10
Parking
B2-163
Developer
Business Bay
Completed
2014
Service charge
AED 33,000 /yr
Last sold
AED 1.85M · November 2015
Building
Bay Square 2

About 1005, Bay Square 2

1005 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 8 November 2015 for AED 1,850,000, or AED 1,512 per sqft, 35% above the AED 1,116 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical one-bed in Bay Square 2
1.6M1.8M20142017202020232026Typical sale price by year: 2014 AED 1,551,500; 2024 AED 1,535,000; 2025 AED 1,702,500Sold by developer, September 2014: AED 1,556,000 (AED 1,271 per sqft)Sold, November 2015: AED 1,850,000 (AED 1,512 per sqft)

1005 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1005, 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 111,250

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 1005 sits

All 15 1-beds →

1005 last sold in November 2015 at AED 1,512 per sqft, 35% above what one-beds in Bay Square 2 were fetching at the time (AED 1,116). 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.

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
10041-bedAED 1.23M · Jun 2022
10061-bedAED 1.28M · Oct 2016
10071-bedAED 2.05M · Nov 2014
1008StudioAED 525K · Jun 2020

1005, Bay Square 2 in numbers

  • Sold twice: first on 9 September 2014 for AED 1,556,000, last on 8 November 2015 for AED 1,850,000 (AED 1,512 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 8 November 2015.

Questions about 1005, Bay Square 2

What did unit 1005 last sell for?

AED 1,850,000 on 8 November 2015: AED 1,512 per sqft for 1,224 sqft. The unit has 2 registered sales; the first was AED 1,556,000 in September 2014.

How big is unit 1005?

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 1005 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 1005, Bay Square 2

Starts from the last sale price (AED 1.85M, 8 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

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