709, Bay Square 7
Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 709, Bay Square 7
What is 709 worth today?
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Source: Dubai Land Department. Updated 2 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,586 sqft
- Floor
- 7th of 8
- Parking
- B2-625
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 40,500 /yr
- Last sold
- AED 1.38M · April 2024
- Building
- Bay Square 7
About 709, Bay Square 7
709 is a one-bedroom apartment of 1,586 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 2 April 2024 for AED 1,383,000, or AED 871 per sqft, 18% below the AED 1,061 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 20 December 2023, is AED 69,988 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 40,500 a year.
Sales and rents for 709 over time
709 has sold twice; the dashed line is the one-bed median of each year in the building.
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 709 sits
All 9 1-beds →709 last sold in April 2024 at AED 871 per sqft, 18% below what one-beds in Bay Square 7 were fetching at the time (AED 1,061).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Sep 20251 September 2025 | 1,556 sqft | 1,900,000 | 1,220 | ||
| 30 Jun 202530 June 2025 | 1,179 sqft | 1,460,000 | 1,237 | ||
| 15 Jul 202415 July 2024 | 1,225 sqft | 1,283,000 | 1,047 | ||
| 4 Apr 20244 April 2024 | 1,586 sqft | 1,600,000 | 1,008 |
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 | |
| 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, Bay Square 7 in numbers
- Sold twice: first on 26 May 2015 for AED 1,786,000, last on 2 April 2024 for AED 1,383,000 (AED 871 per sqft).
- Rented since April 2017 on 7 Ejari contracts, from AED 110,000 to AED 69,988 a year.
- At AED 69,988 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 40,500 a year (AED 25.50 per sqft).
Source: Dubai Land Department. Updated 2 April 2024.
Questions about 709, Bay Square 7
What did unit 709 last sell for?
AED 1,383,000 on 2 April 2024: AED 871 per sqft for 1,586 sqft. The unit has 2 registered sales; the first was AED 1,786,000 in May 2015.
What is the rent for unit 709?
AED 69,988 a year on the contract renewed on 20 December 2023. The previous contract, from December 2022, was AED 70,000; the unit has been rented since April 2017.
How big is unit 709?
1,586 sqft (147.3 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.
What is unit 709 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 709, Bay Square 7
Starts from the last sale price (AED 1.38M, 2 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,383,000
- Deposit, UAE resident (20%)
- AED 276,600
- Deposit, non-resident (40%)
- AED 553,200
- Monthly over 25 years at 3.7%
- AED 5,658
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →