701, Bay Square 3
Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Bay Square 3
What is 701 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,545 sqft
- Floor
- 7th of 8
- Parking
- B2-426
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 41,700 /yr
- Last sold
- AED 1.35M · December 2014
- Building
- Bay Square 3
About 701, Bay Square 3
701 is a one-bedroom apartment of 1,545 sqft on the 7th floor of Bay Square 3, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 9 December 2014 for AED 1,351,792, or AED 875 per sqft, 6% below the AED 933 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 10 May 2026, is AED 108,000 a year: a gross yield of 8.0% on the 2014 price, before the service charge of about AED 41,700 a year.
Sales and rents for 701 over time
701 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 3, and where 701 sits
All 9 1-beds →701 last sold in December 2014 at AED 875 per sqft, 6% below what one-beds in Bay Square 3 were fetching at the time (AED 933). 701's AED 108,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 May 202526 May 2025 | 1,586 sqft | 1,611,000 | 1,015 | ||
| 1 Feb 20241 February 2024 | 1,225 sqft | 1,350,000 | 1,102 | ||
| 24 Jan 202424 January 2024 | 1,225 sqft | 1,350,000 | 1,102 | ||
| 13 Apr 202313 April 2023 | 1,224 sqft | 1,300,000 | 1,062 |
Bay Square 3
Building15 apartments, studios to 1-bed over 8 floors in Business Bay, completed in 2014 by Business Bay. No sale in the last 12 months.
- Typical price per sqft
- Few sales
- Typical sale
- Few sales
- Typical rent
- AED 90K /yr
- Typical yield
Other units on the 7th floor
All 15 units in Bay Square 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 1,556 sqft | AED 1.38MAED 1,383,000 · Aug 2022August 2022 | 70,000 /yr | |
| 703 | 1-bed | 1,556 sqft | AED 1.3MAED 1,302,000 · Jun 2013June 2013 | 90,000 /yr | |
| 704 | 1-bed | 1,586 sqft | AED 1.61MAED 1,611,000 · May 2025May 2025 | 165,000 /yr | |
| 705 | Studio | 691 sqft | AED 950KAED 950,000 · May 2024May 2024 | 80,000 /yr | |
| 706 | Studio | 684 sqft | AED 1.05MAED 1,050,000 · Apr 2025April 2025 | 90,000 /yr | |
| 707 | Studio | 691 sqft | AED 1MAED 1,000,000 · Jan 2025January 2025 | 70,000 /yr | |
| 708 | 1-bed | 1,157 sqft | AED 1.12MAED 1,120,595 · Dec 2014December 2014 | 90,000 /yr |
701, Bay Square 3 in numbers
- Sold twice: first on 29 September 2013 for AED 1,351,792, last on 9 December 2014 for AED 1,351,792 (AED 875 per sqft).
- Rented since December 2017 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 55,000 in 2021 and recovered to AED 108,000 by May 2026.
- At AED 108,000 a year the gross yield on the 2014 price is 8.0%, before a service charge of about AED 41,700 a year (AED 27.00 per sqft).
Source: Dubai Land Department. Updated 10 May 2026.
Questions about 701, Bay Square 3
What did unit 701 last sell for?
AED 1,351,792 on 9 December 2014: AED 875 per sqft for 1,545 sqft. The unit has 2 registered sales; the first was AED 1,351,792 in September 2013.
What is the rent for unit 701?
AED 108,000 a year on the contract renewed on 10 May 2026. The previous contract, from May 2025, was AED 95,000; the unit has been rented since December 2017.
How big is unit 701?
1,545 sqft (143.5 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.
What is unit 701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 701? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 701, Bay Square 3
Starts from the last sale price (AED 1.35M, 9 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,351,792
- Deposit, UAE resident (20%)
- AED 270,358
- Deposit, non-resident (40%)
- AED 540,717
- Monthly over 25 years at 3.7%
- AED 5,531
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →