704, Bay Square 3
Sold prices and rental history: sold 3 times, last in May 2025, 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 704, Bay Square 3
What is 704 worth today?
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Source: Dubai Land Department. Updated 1 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,586 sqft
- Floor
- 7th of 8
- Parking
- B2-423
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 42,800 /yr
- Last sold
- AED 1.61M · May 2025
- Building
- Bay Square 3
About 704, Bay Square 3
704 is a one-bedroom apartment of 1,586 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 26 May 2025 for AED 1,611,000, or AED 1,015 per sqft.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 June 2025, is AED 165,000 a year: a gross yield of 10.2% on the 2025 price, before the service charge of about AED 42,800 a year.
Sales and rents for 704 over time
704 has sold 3 times; 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 704 sits
All 9 1-beds →704's AED 165,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 30 Aug 202230 August 2022 | 1,556 sqft | 1,383,000 | 888 |
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 | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 1,545 sqft | AED 1.35MAED 1,351,792 · Dec 2014December 2014 | 108,000 /yr | |
| 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 | |
| 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 |
704, Bay Square 3 in numbers
- Sold 3 times: first on 29 September 2013 for AED 1,314,000, last on 26 May 2025 for AED 1,611,000 (AED 1,015 per sqft).
- Rented since October 2015 on 8 Ejari contracts. The rent fell from AED 115,000 to AED 65,000 in 2022 and recovered to AED 165,000 by June 2025.
- At AED 165,000 a year the gross yield on the 2025 price is 10.2%, before a service charge of about AED 42,800 a year (AED 27.00 per sqft).
Source: Dubai Land Department. Updated 1 June 2025.
Questions about 704, Bay Square 3
What did unit 704 last sell for?
AED 1,611,000 on 26 May 2025: AED 1,015 per sqft for 1,586 sqft. The unit has 3 registered sales; the first was AED 1,314,000 in September 2013.
What is the rent for unit 704?
AED 165,000 a year on the contract signed on 1 June 2025. The previous contract, from August 2024, was AED 90,000; the unit has been rented since October 2015.
How big is unit 704?
1,586 sqft (147.3 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.
What is unit 704 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 704, Bay Square 3
Starts from the last sale price (AED 1.61M, 26 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,611,000
- Deposit, UAE resident (20%)
- AED 322,200
- Deposit, non-resident (40%)
- AED 644,400
- Monthly over 25 years at 3.7%
- AED 6,591
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →