Studio · 849 sqftBay Square 10, Business Bay · 6th floor · completed 2014

609, Bay Square 10

Sold prices and rental history: sold twice, last in October 2017, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 11 October 2017
Last soldAED 950K11 October 2017
Current rentAED 75K /yr26 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Bay Square 10

What is 609 worth today?

Last sold for AED 950,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Oct 2017SoldReady
AED 950,000AED 1,118 per sqft
26 Jan 2016RentedRenewal
AED 75,000/yr12 months · AED 88 per sqft
26 Jan 2015RentedNew contract
AED 75,000/yr12 months · AED 88 per sqft
30 Oct 2014Sold by developerReady
AED 886,000AED 1,113 per sqft

Source: Dubai Land Department. Updated 11 October 2017.

Key facts

Type
Studio apartment
Size
849 sqft
Floor
6th of 7
Parking
B2-922
Developer
Business Bay
Completed
2014
Service charge
AED 20,400 /yr
Last sold
AED 950K · October 2017

About 609, Bay Square 10

609 is a studio of 849 sqft on the 6th floor of Bay Square 10, a 7-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 11 October 2017 for AED 950,000, or AED 1,118 per sqft, in line with the AED 1,118 studios in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, renewed on 26 January 2016, is AED 75,000 a year: a gross yield of 7.9% on the 2017 price, before the service charge of about AED 20,400 a year.

Sales and rents for 609 over time

Sales
Unit 609, each saleTypical studio in Bay Square 10
800K1M2014201720202023Typical sale price by year: 2014 AED 787,000; 2015 AED 1,060,000; 2024 AED 850,000Sold by developer, October 2014: AED 886,000 (AED 1,113 per sqft)Sold, October 2017: AED 950,000 (AED 1,118 per sqft)

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

Rents
Unit 609, each contractTypical studio in Bay Square 10
40K60K80K2015201820212024Typical rent by year: 2015 AED 80,000; 2016 AED 80,000; 2017 AED 74,000; 2018 AED 71,000; 2019 AED 58,500; 2020 AED 49,000; 2021 AED 46,500; 2022 AED 52,000; 2023 AED 68,000; 2024 AED 80,500; 2025 AED 87,500New contract, January 2015: AED 75,000 a yearRenewal, January 2016: 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 10, and where 609 sits

All 14 studios →

609 last sold in October 2017 at AED 1,118 per sqft, in line with what studios in Bay Square 10 were fetching at the time (AED 1,118). 609's AED 75,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
4 Oct 2024850,000
14 May 20241,000,000
21 Mar 2024800,000
22 Jun 2023935,000
0 studio sales in the last 12 months

Bay Square 10

Building

17 apartments, studios to 1-bed over 7 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 88K /yr
Typical yield
Bay Square 10, Business Bay: prices, sales and rents →

Other units on the 6th floor

All 17 units in Bay Square 10
Value
601StudioAED 1.05M · Nov 2016
602StudioAED 800K · Mar 2024
603StudioAED 710K · Feb 2022
604StudioAED 1M · May 2024
6051-bedAED 1.33M · Aug 2016
606StudioAED 480K · Jun 2017
607StudioAED 1.02M · Jun 2015
1–7 of 8

609, Bay Square 10 in numbers

  • Sold twice: first on 30 October 2014 for AED 886,000, last on 11 October 2017 for AED 950,000 (AED 1,118 per sqft).
  • Rented since January 2015 on 2 Ejari contracts, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2017 price is 7.9%, before a service charge of about AED 20,400 a year (AED 24.00 per sqft).

Source: Dubai Land Department. Updated 11 October 2017.

Questions about 609, Bay Square 10

What did unit 609 last sell for?

AED 950,000 on 11 October 2017: AED 1,118 per sqft for 849 sqft. The unit has 2 registered sales; the first was AED 886,000 in October 2014.

What is the rent for unit 609?

AED 75,000 a year on the contract renewed on 26 January 2016. The previous contract, from January 2015, was AED 75,000.

How big is unit 609?

849 sqft (78.9 sqm): a studio on the 6th floor of a 7-storey tower completed in 2014.

What is unit 609 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 609? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 609, Bay Square 10

Starts from the last sale price (AED 950K, 11 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →