503, Bay Square 6
Sold prices and rental history: sold 3 times, last in August 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Bay Square 6
What is 503 worth today?
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Source: Dubai Land Department. Updated 10 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,556 sqft
- Floor
- 5th of 6
- Parking
- B2-330
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 42,000 /yr
- Last sold
- AED 1.43M · August 2024
- Building
- Bay Square 6
About 503, Bay Square 6
503 is a one-bedroom apartment of 1,556 sqft on the 5th floor of Bay Square 6, a 6-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 22 August 2024 for AED 1,430,000, or AED 918 per sqft, in line with the AED 918 one-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 10 September 2024, is AED 105,000 a year: a gross yield of 7.3% on the 2024 price, before the service charge of about AED 42,000 a year.
Sales and rents for 503 over time
503 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 6, and where 503 sits
All 13 1-beds →503 last sold in August 2024 at AED 918 per sqft, in line with what one-beds in Bay Square 6 were fetching at the time (AED 918). Over the last 12 months one-beds sold for AED 2,075,000, around AED 1,695 per sqft, and rent for AED 49,733 to 113,750 a year. 503's AED 105,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Dec 202522 December 2025 | 1,224 sqft | 2,075,000 | 1,695 | ||
| 18 Jul 202518 July 2025 | 1,590 sqft | 1,725,000 | 1,084 | ||
| 17 Dec 202417 December 2024 | 1,179 sqft | 1,495,000 | 1,267 | ||
| 27 Aug 202427 August 2024 | 1,224 sqft | 1,650,000 | 1,348 |
Bay Square 6
Building17 apartments, studios to 1-bed over 6 floors in Business Bay, completed in 2014 by Business Bay. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,695
- Typical sale
- AED 2.08M
- Typical rent
- AED 65K /yr
- Typical yield
- 5.3%
Other units on the 5th floor
All 17 units in Bay Square 6| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 1,586 sqft | AED 1.39MAED 1,391,000 · Aug 2022August 2022 | 113,750 /yr | |
| 502 | 1-bed | 1,522 sqft | AED 1.8MAED 1,800,000 · Jun 2014June 2014 | 110,000 /yr | |
| 504 | 1-bed | 1,590 sqft | AED 1.57MAED 1,566,000 · Dec 2014December 2014 | 94,158 /yr | |
| 505 | 1-bed | 1,179 sqft | AED 1.5MAED 1,495,000 · Dec 2024December 2024 | 60,500 /yr | |
| 506 | 1-bed | 2,126 sqft | AED 1.75MAED 1,750,000 · Aug 2022August 2022 | 6,666 /yr | |
| 507 | 1-bed | 1,590 sqft | AED 1.73MAED 1,725,000 · Jul 2025July 2025 | 94,500 /yr | |
| 508 | Studio | 685 sqft | AED 950KAED 950,000 · Oct 2016October 2016 | 65,000 /yr | |
| 509 | Studio | 692 sqft | AED 950KAED 950,000 · Oct 2016October 2016 | 60,000 /yr |
503, Bay Square 6 in numbers
- Sold 3 times: first on 5 August 2014 for AED 1,516,000, last on 22 August 2024 for AED 1,430,000 (AED 918 per sqft).
- Rented since May 2017 on 3 Ejari contracts, from AED 100,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2024 price is 7.3%, before a service charge of about AED 42,000 a year (AED 27.00 per sqft).
- One-beds in Bay Square 6 sold for AED 2,075,000–2,075,000 in the 12 months to November 2026; the building's median across all types is AED 1,695 per sqft.
Source: Dubai Land Department. Updated 10 September 2024.
Questions about 503, Bay Square 6
What did unit 503 last sell for?
AED 1,430,000 on 22 August 2024: AED 918 per sqft for 1,556 sqft. The unit has 3 registered sales; the first was AED 1,516,000 in August 2014.
What is the rent for unit 503?
AED 105,000 a year on the contract signed on 10 September 2024. The previous contract, from July 2018, was AED 90,000; the unit has been rented since May 2017.
How big is unit 503?
1,556 sqft (144.6 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
What is unit 503 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bay Square 6 sold for AED 2,075,000 to 2,075,000 in the last 12 months, around AED 1,695 per sqft.
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Mortgage on 503, Bay Square 6
Starts from the last sale price (AED 1.43M, 22 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,430,000
- Deposit, UAE resident (20%)
- AED 286,000
- Deposit, non-resident (40%)
- AED 572,000
- Monthly over 25 years at 3.7%
- AED 5,851
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →