707, Bay Square 3
Sold prices and rental history: sold twice, last in January 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 707, Bay Square 3
What is 707 worth today?
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Source: Dubai Land Department. Updated 21 January 2025.
Key facts
- Type
- Studio apartment
- Size
- 691 sqft
- Floor
- 7th of 8
- Parking
- B2-175
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 18,700 /yr
- Last sold
- AED 1M · January 2025
- Building
- Bay Square 3
About 707, Bay Square 3
707 is a studio of 691 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 21 January 2025 for AED 1,000,000, or AED 1,446 per sqft.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 6 July 2024, is AED 70,000 a year: a gross yield of 7.0% on the 2025 price, before the service charge of about AED 18,700 a year.
Sales and rents for 707 over time
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 707 sits
All 6 studios →707's AED 70,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Apr 20253 April 2025 | 684 sqft | 1,050,000 | 1,534 | ||
| 24 May 202424 May 2024 | 691 sqft | 950,000 | 1,373 | ||
| 17 Oct 202317 October 2023 | 563 sqft | 900,000 | 1,597 | ||
| 19 Sep 202319 September 2023 | 691 sqft | 820,000 | 1,185 |
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 | |
| 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 | |
| 708 | 1-bed | 1,157 sqft | AED 1.12MAED 1,120,595 · Dec 2014December 2014 | 90,000 /yr |
707, Bay Square 3 in numbers
- Sold twice: first on 17 November 2014 for AED 757,734, last on 21 January 2025 for AED 1,000,000 (AED 1,446 per sqft).
- Rented since January 2015 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 54,853 in 2020 and recovered to AED 70,000 by July 2024.
- At AED 70,000 a year the gross yield on the 2025 price is 7.0%, before a service charge of about AED 18,700 a year (AED 27.00 per sqft).
Source: Dubai Land Department. Updated 21 January 2025.
Questions about 707, Bay Square 3
What did unit 707 last sell for?
AED 1,000,000 on 21 January 2025: AED 1,446 per sqft for 691 sqft. The unit has 2 registered sales; the first was AED 757,734 in November 2014.
What is the rent for unit 707?
AED 70,000 a year on the contract renewed on 6 July 2024. The previous contract, from July 2023, was AED 63,000; the unit has been rented since January 2015.
How big is unit 707?
691 sqft (64.2 sqm): a studio on the 7th floor of a 8-storey tower completed in 2014.
What is unit 707 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 707, Bay Square 3
Starts from the last sale price (AED 1M, 21 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →