1006, Bay Square 2
Sold prices and rental history: sold twice, last in October 2016, 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 1006, Bay Square 2
What is 1006 worth today?
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Source: Dubai Land Department. Updated 31 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,225 sqft
- Floor
- 10th of 10
- Parking
- B2-120
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 33,100 /yr
- Last sold
- AED 1.28M · October 2016
- Building
- Bay Square 2
About 1006, Bay Square 2
1006 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 26 October 2016 for AED 1,275,000, or AED 1,041 per sqft, 17% below the AED 1,254 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 31 December 2024, is AED 80,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 33,100 a year.
Sales and rents for 1006 over time
1006 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 1006 sits
All 15 1-beds →1006 last sold in October 2016 at AED 1,041 per sqft, 17% below what one-beds in Bay Square 2 were fetching at the time (AED 1,254). 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. 1006's AED 80,000 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 1,224 sqft | AED 2MAED 2,000,000 · Aug 2014August 2014 | 120,000 /yr | |
| 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 | ||
| 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 |
1006, Bay Square 2 in numbers
- Sold twice: first on 28 October 2014 for AED 1,332,000, last on 26 October 2016 for AED 1,275,000 (AED 1,041 per sqft).
- Rented since November 2015 on 10 Ejari contracts. The rent fell from AED 115,000 to AED 72,000 in 2021 and recovered to AED 80,000 by December 2024.
- At AED 80,000 a year the gross yield on the 2016 price is 6.3%, 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 31 December 2024.
Questions about 1006, Bay Square 2
What did unit 1006 last sell for?
AED 1,275,000 on 26 October 2016: AED 1,041 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 1006?
AED 80,000 a year on the contract renewed on 31 December 2024. The previous contract, from December 2024, was AED 80,000; the unit has been rented since November 2015.
How big is unit 1006?
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 1006 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 1006, Bay Square 2
Starts from the last sale price (AED 1.28M, 26 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 1,275,000
- Deposit, UAE resident (20%)
- AED 255,000
- Deposit, non-resident (40%)
- AED 510,000
- Monthly over 25 years at 3.7%
- AED 5,216
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →