1-bed · 1,556 sqftBay Square 7, Business Bay · 7th floor · completed 2014

708, Bay Square 7

Sold prices and rental history: sold 3 times, last in September 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 1 September 2025
Last soldAED 1.9M1 September 2025
Current rentAED 70K /yr15 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Bay Square 7

What is 708 worth today?

Last sold for AED 1,900,000 in 2025

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1 Sep 2025SoldReady
AED 1,900,000AED 1,220 per sqft
2 Apr 2024SoldReady
AED 1,415,000AED 909 per sqft
15 Nov 2022RentedRenewal
AED 70,000/yr12 months · AED 45 per sqft
15 Nov 2021RentedNew contract
AED 70,000/yr12 months · AED 45 per sqft
22 Jun 2018RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
22 Jun 2017RentedNew contract
AED 105,000/yr12 months · AED 67 per sqft
26 May 2015Sold by developerReady
AED 1,516,000AED 974 per sqft

Source: Dubai Land Department. Updated 1 September 2025.

Key facts

Type
1-bed apartment
Size
1,556 sqft
Floor
7th of 8
Parking
B2-624
Developer
Business Bay
Completed
2014
Service charge
AED 39,700 /yr
Last sold
AED 1.9M · September 2025
Building
Bay Square 7

About 708, Bay Square 7

708 is a one-bedroom apartment of 1,556 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 1 September 2025 for AED 1,900,000, or AED 1,220 per sqft.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 15 November 2022, is AED 70,000 a year: a gross yield of 3.7% on the 2025 price, before the service charge of about AED 39,700 a year.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical one-bed in Bay Square 7
1.5M1.75M2015201820212024Typical sale price by year: 2015 AED 1,516,000; 2024 AED 1,383,000Sold by developer, May 2015: AED 1,516,000 (AED 974 per sqft)Sold, April 2024: AED 1,415,000 (AED 909 per sqft)Sold, September 2025: AED 1,900,000 (AED 1,220 per sqft)

708 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 708, each contractTypical one-bed in Bay Square 7
100K2017202020232026Typical rent by year: 2017 AED 105,000; 2018 AED 92,500; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 64,000; 2023 AED 68,165; 2024 AED 120,000; 2025 AED 120,000New contract, June 2017: AED 105,000 a yearRenewal, June 2018: AED 90,000 a yearNew contract, November 2021: AED 70,000 a yearRenewal, November 2022: AED 70,000 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 7, and where 708 sits

All 9 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
30 Jun 20251,460,000
15 Jul 20241,283,000
4 Apr 20241,600,000
4 Apr 20241,600,000
0 1-bed sales in the last 12 months

Bay Square 7

Building

17 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
Bay Square 7, Business Bay: prices, sales and rents →

Other units on the 7th floor

All 17 units in Bay Square 7
Value
701StudioAED 1.04M · Oct 2015
702StudioAED 875K · Jun 2023
703StudioAED 1.03M · Jul 2015
704StudioAED 1.04M · Jul 2015
7051-bedAED 1.46M · Jun 2025
7061-bedAED 1.6M · Apr 2024
7071-bedAED 1.6M · Apr 2024
1–7 of 8

708, Bay Square 7 in numbers

  • Sold 3 times: first on 26 May 2015 for AED 1,516,000, last on 1 September 2025 for AED 1,900,000 (AED 1,220 per sqft).
  • Rented since June 2017 on 4 Ejari contracts, from AED 105,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2025 price is 3.7%, before a service charge of about AED 39,700 a year (AED 25.50 per sqft).

Source: Dubai Land Department. Updated 1 September 2025.

Questions about 708, Bay Square 7

What did unit 708 last sell for?

AED 1,900,000 on 1 September 2025: AED 1,220 per sqft for 1,556 sqft. The unit has 3 registered sales; the first was AED 1,516,000 in May 2015.

What is the rent for unit 708?

AED 70,000 a year on the contract renewed on 15 November 2022. The previous contract, from November 2021, was AED 70,000; the unit has been rented since June 2017.

How big is unit 708?

1,556 sqft (144.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.

What is unit 708 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 708, Bay Square 7

Starts from the last sale price (AED 1.9M, 1 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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