1008, Bay Square 8
Sold prices and rental history: sold twice, last in September 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1008, Bay Square 8
What is 1008 worth today?
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Source: Dubai Land Department. Updated 15 September 2024.
Key facts
- Type
- Studio apartment
- Size
- 563 sqft
- Floor
- 10th of 10
- Parking
- B2-528
- Developer
- Business Bay
- Completed
- 2014
- Last sold
- AED 859K · September 2023
- Building
- Bay Square 8
About 1008, Bay Square 8
1008 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 28 September 2023 for AED 859,138, or AED 1,524 per sqft, 9% above the AED 1,398 studios in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 15 September 2024, is AED 40,000 a year: a gross yield of 4.7% on the 2023 price.
Sales and rents for 1008 over time
1008 has sold twice; the dashed line is the studio median of each year in the building.
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 1008 sits
All 10 studios →1008 last sold in September 2023 at AED 1,524 per sqft, 9% above what studios in Bay Square 8 were fetching at the time (AED 1,398). 1008's AED 40,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jun 202524 June 2025 | 563 sqft | 1,000,000 | 1,774 | ||
| 22 Jun 202322 June 2023 | 691 sqft | 860,000 | 1,243 | ||
| 3 Apr 20233 April 2023 | 684 sqft | 943,299 | 1,378 | ||
| 15 Feb 202315 February 2023 | 691 sqft | 871,252 | 1,259 |
Bay Square 8
Building17 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%
Other units on the 10th floor
All 17 units in Bay Square 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 1-bed | 1,241 sqft | AED 1.48MAED 1,477,398 · Sep 2026September 2026 | 80,211 /yr | |
| 1002 | 1-bed | 1,240 sqft | AED 1.48MAED 1,479,934 · Sep 2026September 2026 | 95,385 /yr | |
| 1003 | 1-bed | 1,241 sqft | AED 1.48MAED 1,479,624 · Sep 2026September 2026 | 83,413 /yr | |
| 1004 | Studio | 563 sqft | AED 1MAED 1,000,000 · Jun 2025June 2025 | 80,000 /yr | |
| 1005 | Studio | 563 sqft | AED 798KAED 798,334 · Dec 2022December 2022 | 62,000 /yr | |
| 1006 | Studio | 563 sqft | AED 839KAED 838,521 · Dec 2022December 2022 | 95,385 /yr | |
| 1007 | Studio | 563 sqft | AED 799KAED 798,591 · Jan 2023January 2023 | 75,000 /yr |
1008, Bay Square 8 in numbers
- Sold twice: first on 12 January 2015 for AED 616,661, last on 28 September 2023 for AED 859,138 (AED 1,524 per sqft).
- Rented since February 2017 on 3 Ejari contracts, from AED 95,385 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2023 price is 4.7%.
Source: Dubai Land Department. Updated 15 September 2024.
Questions about 1008, Bay Square 8
What did unit 1008 last sell for?
AED 859,138 on 28 September 2023: AED 1,524 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 1008?
AED 40,000 a year on the contract signed on 15 September 2024. The previous contract, from August 2022, was AED 60,000; the unit has been rented since February 2017.
How big is unit 1008?
563 sqft (52.3 sqm): a studio on the 10th floor of a 10-storey tower completed in 2014.
What is unit 1008 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 1008, Bay Square 8
Starts from the last sale price (AED 859K, 28 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 859,138
- Deposit, UAE resident (20%)
- AED 171,828
- Deposit, non-resident (40%)
- AED 343,655
- Monthly over 25 years at 3.7%
- AED 3,515
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →