1-bed · 1,224 sqftBay Square 6, Business Bay · 6th floor · completed 2014

605, Bay Square 6

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

Unit 605 · DLD and Ejari recordsUpdated 27 August 2024
Last soldAED 1.65M27 August 2024
Current rentAED 125K /yr10 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Bay Square 6

What is 605 worth today?

Last sold for AED 1,650,000 in 2024

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27 Aug 2024SoldReady
AED 1,650,000AED 1,348 per sqft
10 Mar 2024RentedNew contract
AED 125,000/yr12 months · AED 102 per sqft
30 Oct 2022RentedRenewal
AED 75,000/yr12 months · AED 62 per sqft
20 Sep 2021RentedNew contract
AED 75,000/yr13 months · AED 61 per sqft
1 Feb 2019RentedNew contract
AED 95,000/yr13 months · AED 77 per sqft
16 Dec 2017RentedNew contract
AED 120,000/yr12 months · AED 98 per sqft
26 Apr 2016RentedRenewal
AED 120,000/yr12 months · AED 98 per sqft
26 Apr 2015RentedNew contract
AED 120,000/yr12 months · AED 98 per sqft

Source: Dubai Land Department. Updated 27 August 2024.

Key facts

Type
1-bed apartment
Size
1,224 sqft
Floor
6th of 6
Parking
B2-369
Developer
Business Bay
Completed
2014
Service charge
AED 33,000 /yr
Last sold
AED 1.65M · August 2024
Building
Bay Square 6

About 605, Bay Square 6

605 is a one-bedroom apartment of 1,224 sqft on the 6th floor of Bay Square 6, a 6-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 27 August 2024 for AED 1,650,000, or AED 1,348 per sqft, 26% above the AED 1,072 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 10 March 2024, is AED 125,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 33,000 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical one-bed in Bay Square 6
1.5M1.6M2014201720202023Typical sale price by year: 2014 AED 1,516,000; 2024 AED 1,495,000Sold by developer, November 2014: AED 1,459,000 (AED 1,192 per sqft)Sold, August 2024: AED 1,650,000 (AED 1,348 per sqft)

605 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 605, each contractTypical one-bed in Bay Square 6
100K2014201820222026Typical rent by year: 2014 AED 120,000; 2015 AED 110,000; 2016 AED 110,000; 2017 AED 100,000; 2018 AED 95,000; 2019 AED 88,750; 2020 AED 69,500; 2021 AED 70,000; 2022 AED 70,575; 2023 AED 87,404; 2024 AED 105,000; 2025 AED 94,500; 2026 AED 110,000New contract, April 2015: AED 120,000 a yearRenewal, April 2016: AED 120,000 a yearNew contract, December 2017: AED 120,000 a yearNew contract, February 2019: AED 95,000 a yearNew contract, September 2021: AED 75,000 a yearRenewal, October 2022: AED 75,000 a yearNew contract, March 2024: AED 125,000 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 6, and where 605 sits

All 13 1-beds →

605 last sold in August 2024 at AED 1,348 per sqft, 26% above what one-beds in Bay Square 6 were fetching at the time (AED 1,072). 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. 605's AED 125,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Dec 20252,075,000
18 Jul 20251,725,000
17 Dec 20241,495,000
22 Aug 20241,430,000
1 1-bed sale in the last 12 months

Bay Square 6

Building

17 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%
Bay Square 6, Business Bay: prices, sales and rents →

Other units on the 6th floor

All 17 units in Bay Square 6
Value
6011-bedAED 1.53M · Feb 2016
6021-bedAED 1.88M · Oct 2014
6031-bedAED 1.38M · Jan 2017
6041-bedAED 1.42M · Feb 2014
6061-bedAED 2.08M · Dec 2025
607StudioAED 726K · Nov 2014
608StudioAED 850K · Sep 2024

605, Bay Square 6 in numbers

  • Sold twice: first on 16 November 2014 for AED 1,459,000, last on 27 August 2024 for AED 1,650,000 (AED 1,348 per sqft).
  • Rented since April 2015 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 75,000 in 2022 and recovered to AED 125,000 by March 2024.
  • At AED 125,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 33,000 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 27 August 2024.

Questions about 605, Bay Square 6

What did unit 605 last sell for?

AED 1,650,000 on 27 August 2024: AED 1,348 per sqft for 1,224 sqft. The unit has 2 registered sales; the first was AED 1,459,000 in November 2014.

What is the rent for unit 605?

AED 125,000 a year on the contract signed on 10 March 2024. The previous contract, from October 2022, was AED 75,000; the unit has been rented since April 2015.

How big is unit 605?

1,224 sqft (113.7 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2014.

What is unit 605 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 605, Bay Square 6

Starts from the last sale price (AED 1.65M, 27 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

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