1-bed · 1,225 sqftBay Square 3, Business Bay · 8th floor · completed 2014

803, Bay Square 3

Sold prices and rental history: sold 3 times, last in January 2024, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 10 January 2025
Last soldAED 1.35M24 January 2024
Current rentAED 120K /yr10 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, Bay Square 3

What is 803 worth today?

Last sold for AED 1,350,000 in 2024

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10 Jan 2025RentedNew contract
AED 120,000/yr12 months · AED 98 per sqft
10 Jan 2025RentedNew contract
AED 120,000/yr12 months · AED 98 per sqft
24 Jan 2024SoldReady
AED 1,350,000AED 1,102 per sqft
20 Nov 2023RentedNew contract
AED 100,000/yr12 months · AED 82 per sqft
20 Feb 2022RentedRenewal
AED 63,000/yr12 months · AED 51 per sqft
20 Jan 2021RentedNew contract
AED 60,000/yr13 months · AED 49 per sqft
15 Dec 2016RentedNew contract
AED 95,630/yr13 months · AED 78 per sqft
1 May 2015RentedNew contract
AED 102,000/yr12 months · AED 83 per sqft

Source: Dubai Land Department. Updated 10 January 2025.

Key facts

Type
1-bed apartment
Size
1,225 sqft
Floor
8th of 8
Parking
B2-381
Developer
Business Bay
Completed
2014
Service charge
AED 33,100 /yr
Last sold
AED 1.35M · January 2024
Building
Bay Square 3

About 803, Bay Square 3

803 is a one-bedroom apartment of 1,225 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 24 January 2024 for AED 1,350,000, or AED 1,102 per sqft.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 10 January 2025, is AED 120,000 a year: a gross yield of 8.9% on the 2024 price, before the service charge of about AED 33,100 a year.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical one-bed in Bay Square 3
1.2M1.3M2013201620192022Typical sale price by year: 2013 AED 1,308,000; 2014 AED 1,302,000Sold by developer, September 2013: AED 1,143,000 (AED 933 per sqft)Sold, March 2014: AED 1,143,000 (AED 933 per sqft)Sold, January 2024: AED 1,350,000 (AED 1,102 per sqft)

803 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 803, each contractTypical one-bed in Bay Square 3
50K100K20152018202120242027Typical rent by year: 2015 AED 110,000; 2016 AED 100,000; 2017 AED 105,000; 2018 AED 90,000; 2019 AED 90,000; 2020 AED 66,500; 2021 AED 61,500; 2022 AED 69,650; 2023 AED 85,000; 2024 AED 95,000; 2025 AED 95,000; 2026 AED 108,000New contract, May 2015: AED 102,000 a yearNew contract, December 2016: AED 95,630 a yearNew contract, January 2021: AED 60,000 a yearRenewal, February 2022: AED 63,000 a yearNew contract, November 2023: AED 100,000 a yearNew contract, January 2025: AED 120,000 a yearNew contract, January 2025: AED 120,000 a year

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 803 sits

All 9 1-beds →

803's AED 120,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 May 20251,611,000
1 Feb 20241,350,000
13 Apr 20231,300,000
30 Aug 20221,383,000
0 1-bed 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 8th floor

All 15 units in Bay Square 3
Value
8011-bedAED 1.18M · Oct 2014
8021-bedAED 1.35M · Feb 2024
8041-bedAED 1.3M · Apr 2023
805StudioAED 637K · Oct 2014
806StudioAED 900K · Oct 2023
807StudioAED 637K · Oct 2014

803, Bay Square 3 in numbers

  • Sold 3 times: first on 29 September 2013 for AED 1,143,000, last on 24 January 2024 for AED 1,350,000 (AED 1,102 per sqft).
  • Rented since May 2015 on 7 Ejari contracts. The rent fell from AED 102,000 to AED 60,000 in 2021 and recovered to AED 120,000 by January 2025.
  • At AED 120,000 a year the gross yield on the 2024 price is 8.9%, before a service charge of about AED 33,100 a year (AED 27.00 per sqft).

Source: Dubai Land Department. Updated 10 January 2025.

Questions about 803, Bay Square 3

What did unit 803 last sell for?

AED 1,350,000 on 24 January 2024: AED 1,102 per sqft for 1,225 sqft. The unit has 3 registered sales; the first was AED 1,143,000 in September 2013.

What is the rent for unit 803?

AED 120,000 a year on the contract signed on 10 January 2025. The previous contract, from January 2025, was AED 120,000; the unit has been rented since May 2015.

How big is unit 803?

1,225 sqft (113.8 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2014.

What is unit 803 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 803, Bay Square 3

Starts from the last sale price (AED 1.35M, 24 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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