506, Bay Square 6
Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Bay Square 6
What is 506 worth today?
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Source: Dubai Land Department. Updated 25 August 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 2,126 sqft
- Floor
- 5th of 6
- Parking
- B2-333
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 57,400 /yr
- Last sold
- AED 1.75M · August 2022
- Building
- Bay Square 6
About 506, Bay Square 6
506 is a one-bedroom apartment of 2,126 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 25 August 2022 for AED 1,750,000, or AED 823 per sqft.
It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 20 July 2021, is AED 6,666 a year: a gross yield of 0.4% on the 2022 price, before the service charge of about AED 57,400 a year.
Sales and rents for 506 over time
506 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 6, and where 506 sits
All 13 1-beds →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. 506's AED 6,666 is at the bottom 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 | |
| 503 | 1-bed | 1,556 sqft | AED 1.43MAED 1,430,000 · Aug 2024August 2024 | 105,000 /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 | |
| 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 |
506, Bay Square 6 in numbers
- Sold twice: first on 8 December 2014 for AED 1,908,000, last on 25 August 2022 for AED 1,750,000 (AED 823 per sqft).
- Rented since December 2014 on 5 Ejari contracts, from AED 120,000 to AED 6,666 a year.
- At AED 6,666 a year the gross yield on the 2022 price is 0.4%, before a service charge of about AED 57,400 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 25 August 2022.
Questions about 506, Bay Square 6
What did unit 506 last sell for?
AED 1,750,000 on 25 August 2022: AED 823 per sqft for 2,126 sqft. The unit has 2 registered sales; the first was AED 1,908,000 in December 2014.
What is the rent for unit 506?
AED 6,666 a year on the contract signed on 20 July 2021. The previous contract, from March 2021, was AED 75,000; the unit has been rented since December 2014.
How big is unit 506?
2,126 sqft (197.5 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2014.
What is unit 506 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 506, Bay Square 6
Starts from the last sale price (AED 1.75M, 25 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →