Studio · 684 sqftBay Square 3, Business Bay · 7th floor · completed 2014

706, Bay Square 3

Sold prices and rental history: sold 3 times, last in April 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 19 November 2025
Last soldAED 1.05M3 April 2025
Current rentAED 90K /yr19 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Bay Square 3

What is 706 worth today?

Last sold for AED 1,050,000 in 2025

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19 Nov 2025RentedNew contract
AED 90,000/yr12 months · AED 131 per sqft
3 Apr 2025SoldReady
AED 1,050,000AED 1,534 per sqft
25 Nov 2024RentedRenewal
AED 60,000/yr12 months · AED 88 per sqft
25 Nov 2023RentedRenewal
AED 55,000/yr12 months · AED 80 per sqft
25 Nov 2022RentedRenewal
AED 48,300/yr12 months · AED 71 per sqft
25 Nov 2021RentedNew contract
AED 46,000/yr12 months · AED 67 per sqft
21 Dec 2020RentedNew contract
AED 38,000/yr12 months · AED 56 per sqft
6 Sep 2017RentedNew contract
AED 72,000/yr12 months · AED 110 per sqft

Source: Dubai Land Department. Updated 19 November 2025.

Key facts

Type
Studio apartment
Size
684 sqft
Floor
7th of 8
Parking
B2-421
Developer
Business Bay
Completed
2014
Service charge
AED 18,500 /yr
Last sold
AED 1.05M · April 2025
Building
Bay Square 3

About 706, Bay Square 3

706 is a studio of 684 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 3 April 2025 for AED 1,050,000, or AED 1,534 per sqft, 6% above the AED 1,446 studios in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 19 November 2025, is AED 90,000 a year: a gross yield of 8.6% on the 2025 price, before the service charge of about AED 18,500 a year.

Sales and rents for 706 over time

Rents
Unit 706, each contractTypical studio in Bay Square 3
50K100K20152018202120242027Typical rent by year: 2015 AED 85,000; 2016 AED 75,000; 2017 AED 72,000; 2020 AED 50,000; 2021 AED 47,000; 2022 AED 51,073; 2024 AED 70,000; 2025 AED 97,500; 2026 AED 80,000New contract, January 2015: AED 85,000 a yearNew contract, September 2017: AED 72,000 a yearNew contract, December 2020: AED 38,000 a yearNew contract, November 2021: AED 46,000 a yearRenewal, November 2022: AED 48,300 a yearRenewal, November 2023: AED 55,000 a yearRenewal, November 2024: AED 60,000 a yearNew contract, November 2025: AED 90,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Bay Square 3, and where 706 sits

All 6 studios →

706 last sold in April 2025 at AED 1,534 per sqft, 6% above what studios in Bay Square 3 were fetching at the time (AED 1,446). 706's AED 90,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
21 Jan 20251,000,000
24 May 2024950,000
17 Oct 2023900,000
19 Sep 2023820,000
0 studio sales in the last 12 months

Bay Square 3

Building

15 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
Bay Square 3, Business Bay: prices, sales and rents →

Other units on the 7th floor

All 15 units in Bay Square 3
Value
7011-bedAED 1.35M · Dec 2014
7021-bedAED 1.38M · Aug 2022
7031-bedAED 1.3M · Jun 2013
7041-bedAED 1.61M · May 2025
705StudioAED 950K · May 2024
707StudioAED 1M · Jan 2025
7081-bedAED 1.12M · Dec 2014

706, Bay Square 3 in numbers

  • Sold 3 times: first on 23 May 2013 for AED 634,000, last on 3 April 2025 for AED 1,050,000 (AED 1,534 per sqft).
  • Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 38,000 in 2020 and recovered to AED 90,000 by November 2025.
  • At AED 90,000 a year the gross yield on the 2025 price is 8.6%, before a service charge of about AED 18,500 a year (AED 27.00 per sqft).

Source: Dubai Land Department. Updated 19 November 2025.

Questions about 706, Bay Square 3

What did unit 706 last sell for?

AED 1,050,000 on 3 April 2025: AED 1,534 per sqft for 684 sqft. The unit has 3 registered sales; the first was AED 634,000 in May 2013.

What is the rent for unit 706?

AED 90,000 a year on the contract signed on 19 November 2025. The previous contract, from November 2024, was AED 60,000; the unit has been rented since January 2015.

How big is unit 706?

684 sqft (63.5 sqm): a studio on the 7th floor of a 8-storey tower completed in 2014.

What is unit 706 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 706, Bay Square 3

Starts from the last sale price (AED 1.05M, 3 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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