Studio · 667 sqftBay Square 9, Business Bay · 2nd floor · completed 2014

214, Bay Square 9

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 918K22 January 2024
Current rentAED 90K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Bay Square 9

What is 214 worth today?

Last sold for AED 918,383 in 2024

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15 Aug 2024RentedNew contract
AED 90,243/yr12 months · AED 135 per sqft
22 Jan 2024SoldReady
AED 918,383AED 1,377 per sqft
3 Oct 2021RentedNew contract
AED 42,500/yr12 months · AED 64 per sqft
6 Jul 2020RentedRenewal
AED 48,000/yr12 months · AED 72 per sqft
6 Jul 2019RentedNew contract
AED 70,000/yr12 months · AED 105 per sqft
1 Feb 2017RentedRenewal
AED 75,000/yr12 months · AED 113 per sqft
1 Feb 2016RentedNew contract
AED 75,000/yr12 months · AED 113 per sqft
14 Jan 2015Sold by developerReady
AED 818,645AED 1,228 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
Studio apartment
Size
667 sqft
Floor
2nd of 8
Parking
B4-716
Developer
Business Bay
Completed
2014
Service charge
AED 14,700 /yr
Last sold
AED 918K · January 2024
Building
Bay Square 9

About 214, Bay Square 9

214 is a studio of 667 sqft on the 2nd floor of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 22 January 2024 for AED 918,383, or AED 1,377 per sqft, 8% above the AED 1,274 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 15 August 2024, is AED 90,243 a year: a gross yield of 9.8% on the 2024 price, before the service charge of about AED 14,700 a year.

Sales and rents for 214 over time

Sales
Unit 214, each saleTypical studio in Bay Square 9
800K1M2015201820212024Typical sale price by year: 2015 AED 803,266; 2023 AED 857,365; 2024 AED 892,500; 2025 AED 1,065,000Sold by developer, January 2015: AED 818,645 (AED 1,228 per sqft)Sold, January 2024: AED 918,383 (AED 1,377 per sqft)

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

Rents
Unit 214, each contractTypical studio in Bay Square 9
50K75K2016201920222025Typical rent by year: 2016 AED 75,000; 2017 AED 75,000; 2018 AED 72,000; 2019 AED 65,000; 2020 AED 54,000; 2021 AED 43,000; 2022 AED 48,000; 2023 AED 50,782; 2024 AED 83,000; 2025 AED 84,000; 2026 AED 85,000New contract, February 2016: AED 75,000 a yearRenewal, February 2017: AED 75,000 a yearNew contract, July 2019: AED 70,000 a yearRenewal, July 2020: AED 48,000 a yearNew contract, October 2021: AED 42,500 a yearNew contract, August 2024: AED 90,243 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 9, and where 214 sits

All 107 studios →

214 last sold in January 2024 at AED 1,377 per sqft, 8% above what studios in Bay Square 9 were fetching at the time (AED 1,274). Over the last 12 months studios sold for AED 1,050,000, around AED 1,586 per sqft, and rent for AED 75,000 to 100,000 a year. 214's AED 90,243 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Jun 20251,180,000
28 May 20251,115,000
21 May 20251,220,000
19 May 20251,125,000
1 studio sale in the last 12 months

Bay Square 9

Building

152 apartments, studios to 1-bed over 8 floors in Business Bay, completed in 2014 by Business Bay. 8 sold in the last 12 months.

Typical price per sqft
AED 1,430
Typical sale
AED 1.63M
Typical rent
AED 93K /yr
Typical yield
8.6%
Bay Square 9, Business Bay: prices, sales and rents →

Other units on the 2nd floor

All 152 units in Bay Square 9
Value
201StudioAED 1.02M · Jan 2024
2021-bedAED 1.38M · Sep 2024
203AED 2M · Oct 2025
2041-bedAED 1.39M · May 2024
2051-bedAED 1.43M · Nov 2023
206StudioAED 845K · Nov 2023
207StudioAED 1.1M · Apr 2025
1–7 of 18

214, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 818,645, last on 22 January 2024 for AED 918,383 (AED 1,377 per sqft).
  • Rented since February 2016 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 42,500 in 2021 and recovered to AED 90,243 by August 2024.
  • At AED 90,243 a year the gross yield on the 2024 price is 9.8%, before a service charge of about AED 14,700 a year (AED 22.00 per sqft).
  • Studios in Bay Square 9 sold for AED 1,050,000–1,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,430 per sqft.

Source: Dubai Land Department. Updated 15 August 2024.

Questions about 214, Bay Square 9

What did unit 214 last sell for?

AED 918,383 on 22 January 2024: AED 1,377 per sqft for 667 sqft. The unit has 2 registered sales; the first was AED 818,645 in January 2015.

What is the rent for unit 214?

AED 90,243 a year on the contract signed on 15 August 2024. The previous contract, from October 2021, was AED 42,500; the unit has been rented since February 2016.

How big is unit 214?

667 sqft (62.0 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 214 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Bay Square 9 sold for AED 1,050,000 to 1,050,000 in the last 12 months, around AED 1,586 per sqft.

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Mortgage on 214, Bay Square 9

Starts from the last sale price (AED 918K, 22 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 918,383
Deposit, UAE resident (20%)
AED 183,677
Deposit, non-resident (40%)
AED 367,353
Monthly over 25 years at 3.7%
AED 3,757

Plus AED 43,582 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →