701, Bay Square 7
Sold prices and rental history: sold twice, last in October 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Bay Square 7
What is 701 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 8 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 691 sqft
- Floor
- 7th of 8
- Parking
- B2-347
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 17,600 /yr
- Last sold
- AED 1.04M · October 2015
- Building
- Bay Square 7
About 701, Bay Square 7
701 is a studio of 691 sqft on the 7th floor of Bay Square 7, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 25 October 2015 for AED 1,037,205, or AED 1,499 per sqft, in line with the AED 1,465 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 8 September 2025, is AED 75,000 a year: a gross yield of 7.2% on the 2015 price, before the service charge of about AED 17,600 a year.
Sales and rents for 701 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 7, and where 701 sits
All 8 studios →701 last sold in October 2015 at AED 1,499 per sqft, in line with what studios in Bay Square 7 were fetching at the time (AED 1,465). 701's AED 75,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jun 202312 June 2023 | 684 sqft | 875,000 | 1,278 | ||
| 9 Aug 20229 August 2022 | 684 sqft | 730,000 | 1,066 | ||
| 16 Nov 201516 November 2015 | 563 sqft | 1,145,000 | 2,032 | ||
| 29 Jul 201529 July 2015 | 692 sqft | 1,037,850 | 1,499 |
Bay Square 7
Building17 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 81K /yr
- Typical yield
Other units on the 7th floor
All 17 units in Bay Square 7| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | Studio | 684 sqft | AED 875KAED 875,000 · Jun 2023June 2023 | 89,250 /yr | |
| 703 | Studio | 684 sqft | AED 1.03MAED 1,026,720 · Jul 2015July 2015 | 70,000 /yr | |
| 704 | Studio | 692 sqft | AED 1.04MAED 1,037,850 · Jul 2015July 2015 | 73,500 /yr | |
| 705 | 1-bed | 1,179 sqft | AED 1.46MAED 1,460,000 · Jun 2025June 2025 | 65,000 /yr | |
| 706 | 1-bed | 1,586 sqft | AED 1.6MAED 1,600,000 · Apr 2024April 2024 | 69,689 /yr | |
| 707 | 1-bed | 1,556 sqft | AED 1.6MAED 1,600,000 · Apr 2024April 2024 | 100,000 /yr | |
| 708 | 1-bed | 1,556 sqft | AED 1.9MAED 1,900,000 · Sep 2025September 2025 | 70,000 /yr | |
| 709 | 1-bed | 1,586 sqft | AED 1.38MAED 1,383,000 · Apr 2024April 2024 | 69,988 /yr |
701, Bay Square 7 in numbers
- Sold twice: first on 26 May 2015 for AED 773,000, last on 25 October 2015 for AED 1,037,205 (AED 1,499 per sqft).
- Rented since November 2015 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 55,000 in 2018 and recovered to AED 75,000 by September 2025.
- At AED 75,000 a year the gross yield on the 2015 price is 7.2%, before a service charge of about AED 17,600 a year (AED 25.50 per sqft).
Source: Dubai Land Department. Updated 8 September 2025.
Questions about 701, Bay Square 7
What did unit 701 last sell for?
AED 1,037,205 on 25 October 2015: AED 1,499 per sqft for 691 sqft. The unit has 2 registered sales; the first was AED 773,000 in May 2015.
What is the rent for unit 701?
AED 75,000 a year on the contract renewed on 8 September 2025. The previous contract, from September 2024, was AED 75,000; the unit has been rented since November 2015.
How big is unit 701?
691 sqft (64.2 sqm): a studio on the 7th floor of a 8-storey tower completed in 2014.
What is unit 701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 701? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 701, Bay Square 7
Starts from the last sale price (AED 1.04M, 25 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,037,205
- Deposit, UAE resident (20%)
- AED 207,441
- Deposit, non-resident (40%)
- AED 414,882
- Monthly over 25 years at 3.7%
- AED 4,244
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →