602, Bay Square 9
Sold prices and rental history: sold twice, last in April 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 602, Bay Square 9
What is 602 worth today?
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Source: Dubai Land Department. Updated 24 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,140 sqft
- Floor
- 6th of 8
- Parking
- B3-783
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 25,100 /yr
- Last sold
- AED 1.42M · April 2024
- Building
- Bay Square 9
About 602, Bay Square 9
602 is a one-bedroom apartment of 1,140 sqft on the 6th floor of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 22 April 2024 for AED 1,420,000, or AED 1,245 per sqft, in line with the AED 1,283 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 24 October 2024, is AED 144,000 a year: a gross yield of 10.1% on the 2024 price, before the service charge of about AED 25,100 a year.
Sales and rents for 602 over time
602 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Bay Square 9, and where 602 sits
All 50 1-beds →602 last sold in April 2024 at AED 1,245 per sqft, in line with what one-beds in Bay Square 9 were fetching at the time (AED 1,283). Over the last 12 months one-beds sold for AED 1,400,000 to 2,000,000, around AED 1,430 per sqft, and rent for AED 110,250 to 220,000 a year. 602's AED 144,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 1,140 sqft | 1,525,000 | 1,337 | ||
| 26 Jan 202626 January 2026 | 1,301 sqft | 1,700,000 | 1,306 | ||
| 7 Jan 20267 January 2026 | 1,139 sqft | 2,000,000 | 1,755 | ||
| 10 Jun 202510 June 2025 | 1,135 sqft | 1,750,000 | 1,541 |
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 6th floor
All 152 units in Bay Square 9| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | Studio | 851 sqft | AED 970KAED 970,000 · Jan 2024January 2024 | 49,875 /yr | |
| 603 | 1-bed | 1,140 sqft | AED 1.46MAED 1,455,540 · Jul 2024July 2024 | 120,000 /yr | |
| 604 | 1-bed | 1,140 sqft | AED 1.41MAED 1,411,000 · Aug 2024August 2024 | 120,000 /yr | |
| 605 | 1-bed | 1,139 sqft | AED 1.51MAED 1,512,310 · Jan 2024January 2024 | 120,000 /yr | |
| 606 | Studio | 659 sqft | AED 830KAED 830,000 · Aug 2023August 2023 | 85,000 /yr | |
| 607 | Studio | 659 sqft | AED 860KAED 860,000 · Feb 2024February 2024 | 93,000 /yr | |
| 608 | 1-bed | 1,329 sqft | AED 1.6MAED 1,600,000 · Feb 2024February 2024 | 132,000 /yr | |
| 609 | Studio | 1,140 sqft | AED 1.47MAED 1,470,656 · Feb 2024February 2024 | 120,000 /yr | |
| 610 | Studio | 659 sqft | AED 840KAED 840,000 · Jun 2023June 2023 | 85,000 /yr | |
| 611 | Studio | 659 sqft | AED 840KAED 840,000 · Aug 2023August 2023 | 77,000 /yr | |
| 612 | Studio | 659 sqft | AED 840KAED 840,000 · Jun 2023June 2023 | 90,000 /yr | |
| 613 | 1,301 sqft | AED 1.75MAED 1,750,000 · Sep 2025September 2025 | 70,245 /yr | ||
| 614 | Studio | 667 sqft | AED 860KAED 859,730 · Aug 2023August 2023 | 46,000 /yr | |
| 615 | Studio | 659 sqft | AED 965KAED 964,688 · Feb 2024February 2024 | 49,416 /yr | |
| 616 | Studio | 664 sqft | AED 945KAED 945,394 · Jan 2024January 2024 | 73,500 /yr | |
| 617 | Studio | 705 sqft | AED 900KAED 900,000 · Dec 2023December 2023 | 85,000 /yr | |
| 618 | Studio | 705 sqft | AED 900KAED 900,000 · Dec 2023December 2023 | 90,000 /yr | |
| 619 | Studio | 707 sqft | AED 900KAED 900,000 · Dec 2023December 2023 | 85,000 /yr |
602, Bay Square 9 in numbers
- Sold twice: first on 14 January 2015 for AED 1,373,478, last on 22 April 2024 for AED 1,420,000 (AED 1,245 per sqft).
- Rented since November 2016 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 62,000 in 2020 and recovered to AED 144,000 by October 2024.
- At AED 144,000 a year the gross yield on the 2024 price is 10.1%, before a service charge of about AED 25,100 a year (AED 22.00 per sqft).
- One-beds in Bay Square 9 sold for AED 1,400,000–2,000,000 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 24 October 2024.
Questions about 602, Bay Square 9
What did unit 602 last sell for?
AED 1,420,000 on 22 April 2024: AED 1,245 per sqft for 1,140 sqft. The unit has 2 registered sales; the first was AED 1,373,478 in January 2015.
What is the rent for unit 602?
AED 144,000 a year on the contract signed on 24 October 2024. The previous contract, from January 2023, was AED 69,300; the unit has been rented since November 2016.
How big is unit 602?
1,140 sqft (105.9 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.
What is unit 602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bay Square 9 sold for AED 1,400,000 to 2,000,000 in the last 12 months, around AED 1,430 per sqft.
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Mortgage on 602, Bay Square 9
Starts from the last sale price (AED 1.42M, 22 April 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,420,000
- Deposit, UAE resident (20%)
- AED 284,000
- Deposit, non-resident (40%)
- AED 568,000
- Monthly over 25 years at 3.7%
- AED 5,810
Plus AED 64,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →