801, Bay Square 3
Sold prices and rental history: sold twice, last in October 2014, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 801, Bay Square 3
What is 801 worth today?
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Source: Dubai Land Department. Updated 25 January 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,224 sqft
- Floor
- 8th of 8
- Parking
- B2-399A
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 33,000 /yr
- Last sold
- AED 1.18M · October 2014
- Building
- Bay Square 3
About 801, Bay Square 3
801 is a one-bedroom apartment of 1,224 sqft on the 8th floor of Bay Square 3, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 30 October 2014 for AED 1,178,000, or AED 962 per sqft, in line with the AED 948 one-beds in the building were fetching at the time.
It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 25 January 2022, is AED 73,500 a year: a gross yield of 6.2% on the 2014 price, before the service charge of about AED 33,000 a year.
Sales and rents for 801 over time
801 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 801 sits
All 9 1-beds →801 last sold in October 2014 at AED 962 per sqft, in line with what one-beds in Bay Square 3 were fetching at the time (AED 948). 801's AED 73,500 is at the bottom 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 8th floor
All 15 units in Bay Square 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 802 | 1-bed | 1,225 sqft | AED 1.35MAED 1,350,000 · Feb 2024February 2024 | 110,000 /yr | |
| 803 | 1-bed | 1,225 sqft | AED 1.35MAED 1,350,000 · Jan 2024January 2024 | 120,000 /yr | |
| 804 | 1-bed | 1,224 sqft | AED 1.3MAED 1,300,000 · Apr 2023April 2023 | 69,300 /yr | |
| 805 | Studio | 563 sqft | AED 637KAED 637,000 · Oct 2014October 2014 | 100,000 /yr | |
| 806 | Studio | 563 sqft | AED 900KAED 900,000 · Oct 2023October 2023 | 52,145 /yr | |
| 807 | Studio | 563 sqft | AED 637KAED 637,000 · Oct 2014October 2014 | 60,000 /yr |
801, Bay Square 3 in numbers
- Sold twice: first on 23 May 2013 for AED 1,178,000, last on 30 October 2014 for AED 1,178,000 (AED 962 per sqft).
- Rented since January 2015 on 3 Ejari contracts, from AED 115,000 to AED 73,500 a year.
- At AED 73,500 a year the gross yield on the 2014 price is 6.2%, before a service charge of about AED 33,000 a year (AED 27.00 per sqft).
Source: Dubai Land Department. Updated 25 January 2022.
Questions about 801, Bay Square 3
What did unit 801 last sell for?
AED 1,178,000 on 30 October 2014: AED 962 per sqft for 1,224 sqft. The unit has 2 registered sales; the first was AED 1,178,000 in May 2013.
What is the rent for unit 801?
AED 73,500 a year on the contract signed on 25 January 2022. The previous contract, from January 2016, was AED 110,000; the unit has been rented since January 2015.
How big is unit 801?
1,224 sqft (113.7 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2014.
What is unit 801 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 801, Bay Square 3
Starts from the last sale price (AED 1.18M, 30 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,178,000
- Deposit, UAE resident (20%)
- AED 235,600
- Deposit, non-resident (40%)
- AED 471,200
- Monthly over 25 years at 3.7%
- AED 4,820
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →