Studio · 563 sqftBay Square 7, Business Bay · 8th floor · completed 2014

802, Bay Square 7

Sold prices and rental history: sold 3 times, last in November 2015, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 3 October 2025
Last soldAED 1.15M16 November 2015
Current rentAED 75K /yr3 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Bay Square 7

What is 802 worth today?

Last sold for AED 1,145,000 in 2015

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3 Oct 2025RentedRenewal
AED 75,000/yr12 months · AED 134 per sqft
3 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 134 per sqft
4 Feb 2016RentedNew contract
AED 75,000/yr12 months · AED 134 per sqft
16 Nov 2015SoldReady
AED 1,145,000AED 2,032 per sqft
17 Jun 2015SoldReady
AED 845,070AED 1,499 per sqft
11 May 2015Sold by developerReady
AED 685,000AED 1,215 per sqft

Source: Dubai Land Department. Updated 3 October 2025.

Key facts

Type
Studio apartment
Size
563 sqft
Floor
8th of 8
Parking
B2-627
Developer
Business Bay
Completed
2014
Service charge
AED 14,400 /yr
Last sold
AED 1.15M · November 2015
Building
Bay Square 7

About 802, Bay Square 7

802 is a studio of 563 sqft on the 8th floor of Bay Square 7, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 16 November 2015 for AED 1,145,000, or AED 2,032 per sqft, 36% above the AED 1,499 studios in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 3 October 2025, is AED 75,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 14,400 a year.

Sales and rents for 802 over time

Rents
Unit 802, each contractTypical studio in Bay Square 7
60K2015201820212024Typical rent by year: 2015 AED 75,500; 2022 AED 52,000; 2023 AED 55,000; 2024 AED 75,000; 2025 AED 75,000New contract, February 2016: AED 75,000 a yearNew contract, October 2024: AED 75,000 a yearRenewal, October 2025: AED 75,000 a year

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 802 sits

All 8 studios →

802 last sold in November 2015 at AED 2,032 per sqft, 36% above what studios in Bay Square 7 were fetching at the time (AED 1,499). 802's AED 75,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
12 Jun 2023875,000
9 Aug 2022730,000
25 Oct 20151,037,205
29 Jul 20151,037,850
0 studio 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 8th floor

All 17 units in Bay Square 7
Value
801StudioAED 845K · Jul 2015
803StudioAED 845K · Jul 2015
804StudioAED 845K · Jul 2015
8051-bedAED 1.32M · Mar 2024
8061-bedAED 1.3M · Nov 2023
8071-bedAED 1.28M · Jul 2024
8081-bedAED 1.33M · Apr 2024

802, Bay Square 7 in numbers

  • Sold 3 times: first on 11 May 2015 for AED 685,000, last on 16 November 2015 for AED 1,145,000 (AED 2,032 per sqft).
  • Rented since February 2016 on 3 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 14,400 a year (AED 25.50 per sqft).

Source: Dubai Land Department. Updated 3 October 2025.

Questions about 802, Bay Square 7

What did unit 802 last sell for?

AED 1,145,000 on 16 November 2015: AED 2,032 per sqft for 563 sqft. The unit has 3 registered sales; the first was AED 685,000 in May 2015.

What is the rent for unit 802?

AED 75,000 a year on the contract renewed on 3 October 2025. The previous contract, from October 2024, was AED 75,000; the unit has been rented since February 2016.

How big is unit 802?

563 sqft (52.3 sqm): a studio on the 8th floor of a 8-storey tower completed in 2014.

What is unit 802 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 802, Bay Square 7

Starts from the last sale price (AED 1.15M, 16 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,145,000
Deposit, UAE resident (20%)
AED 229,000
Deposit, non-resident (40%)
AED 458,000
Monthly over 25 years at 3.7%
AED 4,685

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