515, 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.
Property timeline for 515, Bay Square 9
What is 515 worth today?
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Source: Dubai Land Department. Updated 1 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 659 sqft
- Floor
- 5th of 8
- Parking
- B3-902
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 14,500 /yr
- Last sold
- AED 945K · January 2024
- Building
- Bay Square 9
About 515, Bay Square 9
515 is a studio of 659 sqft on the 5th floor of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 23 January 2024 for AED 945,394, or AED 1,434 per sqft, 13% above the AED 1,274 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 1 April 2025, is AED 78,962 a year: a gross yield of 8.3% on the 2024 price, before the service charge of about AED 14,500 a year.
Sales and rents for 515 over time
515 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 9, and where 515 sits
All 107 studios →515 last sold in January 2024 at AED 1,434 per sqft, 13% 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. 515's AED 78,962 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jun 20259 June 2025 | 707 sqft | 1,180,000 | 1,669 | ||
| 28 May 202528 May 2025 | 659 sqft | 1,115,000 | 1,691 | ||
| 21 May 202521 May 2025 | 851 sqft | 1,220,000 | 1,434 | ||
| 19 May 202519 May 2025 | 705 sqft | 1,125,000 | 1,595 |
Bay Square 9
Building152 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%
Other units on the 5th floor
All 152 units in Bay Square 9| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 851 sqft | AED 950KAED 950,000 · May 2024May 2024 | 100,000 /yr | |
| 502 | 1-bed | 1,140 sqft | AED 1.54MAED 1,543,756 · Sep 2024September 2024 | 120,000 /yr | |
| 503 | 1-bed | 1,140 sqft | AED 1.54MAED 1,543,758 · Sep 2024September 2024 | 125,000 /yr | |
| 504 | 1-bed | 1,140 sqft | AED 1.51MAED 1,512,881 · Jan 2024January 2024 | 120,000 /yr | |
| 505 | 1-bed | 1,139 sqft | AED 1.51MAED 1,512,310 · Jan 2024January 2024 | 115,000 /yr | |
| 506 | Studio | 659 sqft | AED 903KAED 903,000 · Mar 2024March 2024 | 68,000 /yr | |
| 507 | Studio | 659 sqft | AED 840KAED 840,000 · Feb 2024February 2024 | 97,000 /yr | |
| 508 | 1-bed | 1,329 sqft | AED 1.64MAED 1,641,210 · Feb 2024February 2024 | 80,218 /yr | |
| 509 | Studio | 1,140 sqft | AED 1.47MAED 1,470,656 · Apr 2024April 2024 | 77,000 /yr | |
| 510 | Studio | 659 sqft | AED 840KAED 840,000 · Oct 2023October 2023 | 78,000 /yr | |
| 511 | Studio | 659 sqft | AED 840KAED 840,000 · Oct 2023October 2023 | 77,000 /yr | |
| 512 | Studio | 659 sqft | AED 840KAED 840,000 · Oct 2023October 2023 | 77,000 /yr | |
| 513 | 1-bed | 1,301 sqft | AED 1.8MAED 1,800,000 · Apr 2025April 2025 | 85,000 /yr | |
| 514 | Studio | 667 sqft | AED 919KAED 918,750 · Feb 2025February 2025 | 40,000 /yr | |
| 516 | Studio | 664 sqft | AED 873KAED 873,000 · Feb 2025February 2025 | 75,000 /yr | |
| 517 | Studio | 705 sqft | AED 1.08MAED 1,075,000 · Jan 2025January 2025 | 49,612 /yr | |
| 518 | Studio | 705 sqft | AED 900KAED 900,000 · May 2024May 2024 | 90,000 /yr | |
| 519 | Studio | 707 sqft | AED 920KAED 920,000 · May 2024May 2024 | 100,000 /yr |
515, Bay Square 9 in numbers
- Sold twice: first on 14 January 2015 for AED 797,351, last on 23 January 2024 for AED 945,394 (AED 1,434 per sqft).
- Rented since June 2016 on 4 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2021 and recovered to AED 78,962 by April 2025.
- At AED 78,962 a year the gross yield on the 2024 price is 8.3%, before a service charge of about AED 14,500 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 1 April 2025.
Questions about 515, Bay Square 9
What did unit 515 last sell for?
AED 945,394 on 23 January 2024: AED 1,434 per sqft for 659 sqft. The unit has 2 registered sales; the first was AED 797,351 in January 2015.
What is the rent for unit 515?
AED 78,962 a year on the contract signed on 1 April 2025. The previous contract, from April 2024, was AED 75,000; the unit has been rented since June 2016.
How big is unit 515?
659 sqft (61.2 sqm): a studio on the 5th floor of a 8-storey tower completed in 2014.
What is unit 515 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 515, Bay Square 9
Starts from the last sale price (AED 945K, 23 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 945,394
- Deposit, UAE resident (20%)
- AED 189,079
- Deposit, non-resident (40%)
- AED 378,158
- Monthly over 25 years at 3.7%
- AED 3,868
Plus AED 44,717 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →