508, Bay Square 6
Sold prices and rental history: sold twice, last in October 2016, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Bay Square 6
What is 508 worth today?
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Source: Dubai Land Department. Updated 4 February 2026.
Key facts
- Type
- Studio apartment
- Size
- 685 sqft
- Floor
- 5th of 6
- Parking
- B2-335
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 18,500 /yr
- Last sold
- AED 950K · October 2016
- Building
- Bay Square 6
About 508, Bay Square 6
508 is a studio of 685 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 11 October 2016 for AED 950,000, or AED 1,386 per sqft.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 4 February 2026, is AED 65,000 a year: a gross yield of 6.8% on the 2016 price, before the service charge of about AED 18,500 a year.
Sales and rents for 508 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 6, and where 508 sits
All 4 studios →508's AED 65,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Sep 202427 September 2024 | 564 sqft | 850,000 | 1,506 | ||
| 11 Oct 201611 October 2016 | 692 sqft | 950,000 | 1,372 | ||
| 13 Nov 201413 November 2014 | 564 sqft | 757,000 | 1,341 | ||
| 13 Nov 201413 November 2014 | 564 sqft | 726,000 | 1,286 |
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 | |
| 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 | |
| 509 | Studio | 692 sqft | AED 950KAED 950,000 · Oct 2016October 2016 | 60,000 /yr |
508, Bay Square 6 in numbers
- Sold twice: first on 27 October 2014 for AED 760,000, last on 11 October 2016 for AED 950,000 (AED 1,386 per sqft).
- Rented since February 2022 on 6 Ejari contracts, from AED 55,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2016 price is 6.8%, before a service charge of about AED 18,500 a year (AED 27.00 per sqft).
Source: Dubai Land Department. Updated 4 February 2026.
Questions about 508, Bay Square 6
What did unit 508 last sell for?
AED 950,000 on 11 October 2016: AED 1,386 per sqft for 685 sqft. The unit has 2 registered sales; the first was AED 760,000 in October 2014.
What is the rent for unit 508?
AED 65,000 a year on the contract renewed on 4 February 2026. The previous contract, from February 2025, was AED 65,000; the unit has been rented since February 2022.
How big is unit 508?
685 sqft (63.6 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.
What is unit 508 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 508, Bay Square 6
Starts from the last sale price (AED 950K, 11 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 950,000
- Deposit, UAE resident (20%)
- AED 190,000
- Deposit, non-resident (40%)
- AED 380,000
- Monthly over 25 years at 3.7%
- AED 3,887
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →