703, Bay Square 7
Sold prices and rental history: sold twice, last in July 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 703, Bay Square 7
What is 703 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 12 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 684 sqft
- Floor
- 7th of 8
- Parking
- B2-349
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.03M · July 2015
- Building
- Bay Square 7
About 703, Bay Square 7
703 is a studio of 684 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 29 July 2015 for AED 1,026,720, or AED 1,499 per sqft, 5% above the AED 1,430 studios in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 12 May 2025, is AED 70,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 17,500 a year.
Sales and rents for 703 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 703 sits
All 8 studios →703 last sold in July 2015 at AED 1,499 per sqft, 5% above what studios in Bay Square 7 were fetching at the time (AED 1,430). 703's AED 70,000 is in the lower 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 | ||
| 25 Oct 201525 October 2015 | 691 sqft | 1,037,205 | 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 | |||||
|---|---|---|---|---|---|
| 701 | Studio | 691 sqft | AED 1.04MAED 1,037,205 · Oct 2015October 2015 | 75,000 /yr | |
| 702 | Studio | 684 sqft | AED 875KAED 875,000 · Jun 2023June 2023 | 89,250 /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 |
703, Bay Square 7 in numbers
- Sold twice: first on 26 May 2015 for AED 738,000, last on 29 July 2015 for AED 1,026,720 (AED 1,499 per sqft).
- Rented since October 2015 on 7 Ejari contracts. The rent fell from AED 76,000 to AED 42,000 in 2021 and recovered to AED 70,000 by May 2025.
- At AED 70,000 a year the gross yield on the 2015 price is 6.8%, before a service charge of about AED 17,500 a year (AED 25.50 per sqft).
Source: Dubai Land Department. Updated 12 May 2025.
Questions about 703, Bay Square 7
What did unit 703 last sell for?
AED 1,026,720 on 29 July 2015: AED 1,499 per sqft for 684 sqft. The unit has 2 registered sales; the first was AED 738,000 in May 2015.
What is the rent for unit 703?
AED 70,000 a year on the contract signed on 12 May 2025. The previous contract, from February 2024, was AED 80,000; the unit has been rented since October 2015.
How big is unit 703?
684 sqft (63.5 sqm): a studio on the 7th floor of a 8-storey tower completed in 2014.
What is unit 703 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 703? 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 703, Bay Square 7
Starts from the last sale price (AED 1.03M, 29 July 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,026,720
- Deposit, UAE resident (20%)
- AED 205,344
- Deposit, non-resident (40%)
- AED 410,688
- Monthly over 25 years at 3.7%
- AED 4,201
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →