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

1006, Bay Square 8

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

Unit 1006 · DLD and Ejari recordsUpdated 13 December 2022
Last soldAED 839K13 December 2022
Current rentAED 95K /yr23 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1006, Bay Square 8

What is 1006 worth today?

Last sold for AED 838,521 in 2022

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13 Dec 2022SoldReady
AED 838,521AED 1,488 per sqft
23 Feb 2017RentedNew contract
AED 95,385/yr12 months · AED 169 per sqft
12 Jan 2015Sold by developerReady
AED 644,701AED 1,144 per sqft

Source: Dubai Land Department. Updated 13 December 2022.

Key facts

Type
Studio apartment
Size
563 sqft
Floor
10th of 10
Parking
B2-526
Developer
Business Bay
Completed
2014
Last sold
AED 839K · December 2022
Building
Bay Square 8

About 1006, Bay Square 8

1006 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 13 December 2022 for AED 838,521, or AED 1,488 per sqft.

One Ejari contract is registered, from 23 February 2017. The current contract, signed on 23 February 2017, is AED 95,385 a year: a gross yield of 11.4% on the 2022 price.

Sales and rents for 1006 over time

Sales
Unit 1006, each saleTypical studio in Bay Square 8
700K800K2015201820212024Typical sale price by year: 2015 AED 644,701; 2022 AED 838,521; 2023 AED 860,000Sold by developer, January 2015: AED 644,701 (AED 1,144 per sqft)Sold, December 2022: AED 838,521 (AED 1,488 per sqft)

1006 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1006, 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 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 1006 sits

All 10 studios →

1006's AED 95,385 is at the top 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
1005StudioAED 798K · Dec 2022
1007StudioAED 799K · Jan 2023
1008StudioAED 859K · Sep 2023

1006, Bay Square 8 in numbers

  • Sold twice: first on 12 January 2015 for AED 644,701, last on 13 December 2022 for AED 838,521 (AED 1,488 per sqft).
  • Rented since February 2017 on one Ejari contract, at AED 95,385 a year.
  • At AED 95,385 a year the gross yield on the 2022 price is 11.4%.

Source: Dubai Land Department. Updated 13 December 2022.

Questions about 1006, Bay Square 8

What did unit 1006 last sell for?

AED 838,521 on 13 December 2022: AED 1,488 per sqft for 563 sqft. The unit has 2 registered sales; the first was AED 644,701 in January 2015.

What is the rent for unit 1006?

AED 95,385 a year on the contract signed on 23 February 2017.

How big is unit 1006?

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

What is unit 1006 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 1006, Bay Square 8

Starts from the last sale price (AED 839K, 13 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 838,521
Deposit, UAE resident (20%)
AED 167,704
Deposit, non-resident (40%)
AED 335,408
Monthly over 25 years at 3.7%
AED 3,431

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