1-bed · 1,225 sqftBay Square 7, Business Bay · 8th floor · completed 2014

806, Bay Square 7

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 22 November 2023
Last soldAED 1.3M22 November 2023
Current rentAED 66K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Bay Square 7

What is 806 worth today?

Last sold for AED 1,300,000 in 2023

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22 Nov 2023SoldReady
AED 1,300,000AED 1,061 per sqft
1 Mar 2023RentedRenewal
AED 66,341/yr12 months · AED 54 per sqft
1 Mar 2022RentedRenewal
AED 63,000/yr12 months · AED 51 per sqft
1 Mar 2020RentedNew contract
AED 75,000/yr12 months · AED 61 per sqft
15 Oct 2018RentedRenewal
AED 90,000/yr12 months · AED 73 per sqft
15 Oct 2017RentedNew contract
AED 100,000/yr12 months · AED 82 per sqft
15 Oct 2016RentedNew contract
AED 100,000/yr12 months · AED 82 per sqft
26 May 2015Sold by developerReady
AED 1,332,000AED 1,087 per sqft

Source: Dubai Land Department. Updated 22 November 2023.

Key facts

Type
1-bed apartment
Size
1,225 sqft
Floor
8th of 8
Parking
B2-622
Developer
Business Bay
Completed
2014
Service charge
AED 31,200 /yr
Last sold
AED 1.3M · November 2023
Building
Bay Square 7

About 806, Bay Square 7

806 is a one-bedroom apartment of 1,225 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 22 November 2023 for AED 1,300,000, or AED 1,061 per sqft.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 66,341 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 31,200 a year.

Sales and rents for 806 over time

Sales
Unit 806, each saleTypical one-bed in Bay Square 7
1.3M1.4M1.5M2015201820212024Typical sale price by year: 2015 AED 1,516,000; 2024 AED 1,383,000Sold by developer, May 2015: AED 1,332,000 (AED 1,087 per sqft)Sold, November 2023: AED 1,300,000 (AED 1,061 per sqft)

806 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 806, each contractTypical one-bed in Bay Square 7
100K2016201920222025Typical 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, October 2016: AED 100,000 a yearNew contract, October 2017: AED 100,000 a yearRenewal, October 2018: AED 90,000 a yearNew contract, March 2020: AED 75,000 a yearRenewal, March 2022: AED 63,000 a yearRenewal, March 2023: AED 66,341 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 806 sits

All 9 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
1 Sep 20251,900,000
30 Jun 20251,460,000
15 Jul 20241,283,000
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 8th floor

All 17 units in Bay Square 7
Value
801StudioAED 845K · Jul 2015
802StudioAED 1.15M · Nov 2015
803StudioAED 845K · Jul 2015
804StudioAED 845K · Jul 2015
8051-bedAED 1.32M · Mar 2024
8071-bedAED 1.28M · Jul 2024
8081-bedAED 1.33M · Apr 2024

806, Bay Square 7 in numbers

  • Sold twice: first on 26 May 2015 for AED 1,332,000, last on 22 November 2023 for AED 1,300,000 (AED 1,061 per sqft).
  • Rented since October 2016 on 6 Ejari contracts, from AED 100,000 to AED 66,341 a year.
  • At AED 66,341 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 31,200 a year (AED 25.50 per sqft).

Source: Dubai Land Department. Updated 22 November 2023.

Questions about 806, Bay Square 7

What did unit 806 last sell for?

AED 1,300,000 on 22 November 2023: AED 1,061 per sqft for 1,225 sqft. The unit has 2 registered sales; the first was AED 1,332,000 in May 2015.

What is the rent for unit 806?

AED 66,341 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 63,000; the unit has been rented since October 2016.

How big is unit 806?

1,225 sqft (113.8 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2014.

What is unit 806 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 806, Bay Square 7

Starts from the last sale price (AED 1.3M, 22 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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