Studio · 563 sqftBay Square 8, Business Bay · 10th floor · completed 2014

1005, Bay Square 8

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1005 · DLD and Ejari recordsUpdated 12 October 2026
Last soldAED 798K14 December 2022
Current rentAED 62K /yr12 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1005, Bay Square 8

What is 1005 worth today?

Last sold for AED 798,334 in 2022

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12 Oct 2026RentedNew contract
AED 62,000/yr12 months · AED 111 per sqft
30 Jun 2025RentedRenewal
AED 83,000/yr12 months · AED 148 per sqft
30 Jun 2025RentedRenewal
AED 83,000/yr12 months · AED 148 per sqft
30 Jun 2024RentedRenewal
AED 72,000/yr12 months · AED 129 per sqft
30 Jun 2023RentedNew contract
AED 75,000/yr12 months · AED 134 per sqft
14 Dec 2022SoldReady
AED 798,334AED 1,417 per sqft
1 Sep 2022RentedNew contract
AED 68,571/yr7 months · AED 122 per sqft
23 Feb 2017RentedNew contract
AED 95,385/yr12 months · AED 169 per sqft

Source: Dubai Land Department. Updated 12 October 2026.

Key facts

Type
Studio apartment
Size
563 sqft
Floor
10th of 10
Parking
B2-525
Developer
Business Bay
Completed
2014
Last sold
AED 798K · December 2022
Building
Bay Square 8

About 1005, Bay Square 8

1005 is a studio of 563 sqft on the 10th floor of Bay Square 8, a 10-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 14 December 2022 for AED 798,334, or AED 1,417 per sqft, in line with the AED 1,417 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 12 October 2026, is AED 62,000 a year: a gross yield of 7.8% on the 2022 price.

Sales and rents for 1005 over time

Sales
Unit 1005, each saleTypical studio in Bay Square 8
600K800K2015201820212024Typical sale price by year: 2015 AED 644,701; 2022 AED 838,521; 2023 AED 860,000Sold by developer, January 2015: AED 616,661 (AED 1,094 per sqft)Sold, December 2022: AED 798,334 (AED 1,417 per sqft)

1005 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1005, each contractTypical studio in Bay Square 8
60K80K100K2017202020232026Typical rent by year: 2017 AED 95,385; 2022 AED 60,000; 2023 AED 72,500; 2024 AED 71,000; 2025 AED 79,000; 2026 AED 66,000New contract, February 2017: AED 95,385 a yearNew contract, September 2022: AED 68,571 a yearNew contract, June 2023: AED 75,000 a yearRenewal, June 2024: AED 72,000 a yearRenewal, June 2025: AED 83,000 a yearRenewal, June 2025: AED 83,000 a yearNew contract, October 2026: AED 62,000 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 8, and where 1005 sits

All 10 studios →

1005 last sold in December 2022 at AED 1,417 per sqft, in line with what studios in Bay Square 8 were fetching at the time (AED 1,417). 1005's AED 62,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Jun 20251,000,000
28 Sep 2023859,138
22 Jun 2023860,000
3 Apr 2023943,299
0 studio sales in the last 12 months

Bay Square 8

Building

17 apartments, studios to 1-bed over 10 floors in Business Bay, completed in 2014 by Business Bay. 7 sold in the last 12 months.

Typical price per sqft
AED 1,190
Typical sale
AED 1.48M
Typical rent
AED 66K /yr
Typical yield
8.9%
Bay Square 8, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 17 units in Bay Square 8
Value
10011-bedAED 1.48M · Sep 2026
10021-bedAED 1.48M · Sep 2026
10031-bedAED 1.48M · Sep 2026
1004StudioAED 1M · Jun 2025
1006StudioAED 839K · Dec 2022
1007StudioAED 799K · Jan 2023
1008StudioAED 859K · Sep 2023

1005, Bay Square 8 in numbers

  • Sold twice: first on 12 January 2015 for AED 616,661, last on 14 December 2022 for AED 798,334 (AED 1,417 per sqft).
  • Rented since February 2017 on 7 Ejari contracts, from AED 95,385 to AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2022 price is 7.8%.

Source: Dubai Land Department. Updated 12 October 2026.

Questions about 1005, Bay Square 8

What did unit 1005 last sell for?

AED 798,334 on 14 December 2022: AED 1,417 per sqft for 563 sqft. The unit has 2 registered sales; the first was AED 616,661 in January 2015.

What is the rent for unit 1005?

AED 62,000 a year on the contract signed on 12 October 2026. The previous contract, from June 2025, was AED 83,000; the unit has been rented since February 2017.

How big is unit 1005?

563 sqft (52.3 sqm): a studio on the 10th floor of a 10-storey tower completed in 2014.

What is unit 1005 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 1005, Bay Square 8

Starts from the last sale price (AED 798K, 14 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 798,334
Deposit, UAE resident (20%)
AED 159,667
Deposit, non-resident (40%)
AED 319,334
Monthly over 25 years at 3.7%
AED 3,266

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