Studio · 664 sqftBay Square 9, Business Bay · 7th floor · completed 2014

716, Bay Square 9

Sold prices and rental history: sold twice, last in March 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 24 March 2025
Last soldAED 966K24 March 2025
Current rentAED 52K /yr11 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 716, Bay Square 9

What is 716 worth today?

Last sold for AED 966,000 in 2025

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24 Mar 2025SoldReady
AED 966,000AED 1,455 per sqft
11 Dec 2023RentedNew contract
AED 51,960/yr5 months · AED 78 per sqft
11 Dec 2022RentedNew contract
AED 49,500/yr12 months · AED 75 per sqft
11 Dec 2021RentedRenewal
AED 45,000/yr12 months · AED 68 per sqft
11 Dec 2020RentedRenewal
AED 43,000/yr12 months · AED 65 per sqft
11 Dec 2019RentedNew contract
AED 60,000/yr12 months · AED 90 per sqft
12 Oct 2018RentedNew contract
AED 70,000/yr12 months · AED 105 per sqft
12 Aug 2017RentedNew contract
AED 70,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 24 March 2025.

Key facts

Type
Studio apartment
Size
664 sqft
Floor
7th of 8
Parking
B2-808
Developer
Business Bay
Completed
2014
Service charge
AED 14,600 /yr
Last sold
AED 966K · March 2025
Building
Bay Square 9

About 716, Bay Square 9

716 is a studio of 664 sqft on the 7th floor of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 24 March 2025 for AED 966,000, or AED 1,455 per sqft, 9% above the AED 1,335 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 11 December 2023, is AED 51,960 a year: a gross yield of 5.4% on the 2025 price, before the service charge of about AED 14,600 a year.

Sales and rents for 716 over time

Sales
Unit 716, 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 803,266 (AED 1,210 per sqft)Sold, March 2025: AED 966,000 (AED 1,455 per sqft)

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

Rents
Unit 716, each contractTypical studio in Bay Square 9
40K60K80K2016201920222025Typical 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, August 2016: AED 75,000 a yearNew contract, August 2017: AED 70,000 a yearNew contract, October 2018: AED 70,000 a yearNew contract, December 2019: AED 60,000 a yearRenewal, December 2020: AED 43,000 a yearRenewal, December 2021: AED 45,000 a yearNew contract, December 2022: AED 49,500 a yearNew contract, December 2023: AED 51,960 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 716 sits

All 107 studios →

716 last sold in March 2025 at AED 1,455 per sqft, 9% above what studios in Bay Square 9 were fetching at the time (AED 1,335). 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. 716's AED 51,960 is at the bottom 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 7th floor

All 152 units in Bay Square 9
Value
701StudioAED 1.07M · Jul 2024
7021-bedAED 1.63M · Nov 2024
7031-bedAED 1.63M · Nov 2024
7041-bedAED 1.63M · Nov 2024
7051-bedAED 1.6M · Nov 2024
706StudioAED 959K · Apr 2024
707StudioAED 920K · Sep 2024
1–7 of 18

716, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 803,266, last on 24 March 2025 for AED 966,000 (AED 1,455 per sqft).
  • Rented since August 2016 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 43,000 in 2020 and recovered to AED 51,960 by December 2023.
  • At AED 51,960 a year the gross yield on the 2025 price is 5.4%, before a service charge of about AED 14,600 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 24 March 2025.

Questions about 716, Bay Square 9

What did unit 716 last sell for?

AED 966,000 on 24 March 2025: AED 1,455 per sqft for 664 sqft. The unit has 2 registered sales; the first was AED 803,266 in January 2015.

What is the rent for unit 716?

AED 51,960 a year on the contract signed on 11 December 2023. The previous contract, from December 2022, was AED 49,500; the unit has been rented since August 2016.

How big is unit 716?

664 sqft (61.7 sqm): a studio on the 7th floor of a 8-storey tower completed in 2014.

What is unit 716 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 716, Bay Square 9

Starts from the last sale price (AED 966K, 24 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 966,000
Deposit, UAE resident (20%)
AED 193,200
Deposit, non-resident (40%)
AED 386,400
Monthly over 25 years at 3.7%
AED 3,952

Plus AED 45,582 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →