Studio · 851 sqftBay Square 9, Business Bay · 8th floor · completed 2014

801, Bay Square 9

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

Unit 801 · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 1.07M27 May 2024
Current rentAED 51K /yr28 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, Bay Square 9

What is 801 worth today?

Last sold for AED 1,070,000 in 2024

Unlock today's estimate, updated daily, with

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

27 May 2024SoldReady
AED 1,070,000AED 1,257 per sqft
28 Aug 2023RentedNew contract
AED 50,524/yr10 months · AED 59 per sqft
28 Aug 2022RentedNew contract
AED 50,400/yr12 months · AED 59 per sqft
28 Aug 2021RentedRenewal
AED 48,000/yr12 months · AED 56 per sqft
28 Aug 2020RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
28 Jul 2019RentedNew contract
AED 75,000/yr12 months · AED 88 per sqft
28 May 2018RentedRenewal
AED 80,000/yr12 months · AED 94 per sqft
28 May 2017RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 27 May 2024.

Key facts

Type
Studio apartment
Size
851 sqft
Floor
8th of 8
Parking
B2-804
Developer
Business Bay
Completed
2014
Service charge
AED 18,700 /yr
Last sold
AED 1.07M · May 2024
Building
Bay Square 9

About 801, Bay Square 9

801 is a studio of 851 sqft on the 8th floor of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 27 May 2024 for AED 1,070,000, or AED 1,257 per sqft, in line with the AED 1,276 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 28 August 2023, is AED 50,524 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 18,700 a year.

Sales and rents for 801 over time

Sales
Unit 801, 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 1,044,600 (AED 1,227 per sqft)Sold, May 2024: AED 1,070,000 (AED 1,257 per sqft)

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

Rents
Unit 801, 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, May 2016: AED 85,000 a yearNew contract, May 2017: AED 80,000 a yearRenewal, May 2018: AED 80,000 a yearNew contract, July 2019: AED 75,000 a yearNew contract, August 2020: AED 60,000 a yearRenewal, August 2021: AED 48,000 a yearNew contract, August 2022: AED 50,400 a yearNew contract, August 2023: AED 50,524 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 801 sits

All 107 studios →

801 last sold in May 2024 at AED 1,257 per sqft, in line with what studios in Bay Square 9 were fetching at the time (AED 1,276). 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. 801's AED 50,524 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 8th floor

All 152 units in Bay Square 9
Value
8021-bedAED 1.37M · Jan 2015
8031-bedAED 1.37M · Jan 2015
8041-bedAED 1.37M · Jan 2015
8051-bedAED 1.37M · Jan 2015
806StudioAED 940K · Mar 2024
807StudioAED 930K · May 2024
8081-bedAED 1.6M · Aug 2023
1–7 of 18

801, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 1,044,600, last on 27 May 2024 for AED 1,070,000 (AED 1,257 per sqft).
  • Rented since May 2016 on 8 Ejari contracts, from AED 85,000 to AED 50,524 a year.
  • At AED 50,524 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 18,700 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 27 May 2024.

Questions about 801, Bay Square 9

What did unit 801 last sell for?

AED 1,070,000 on 27 May 2024: AED 1,257 per sqft for 851 sqft. The unit has 2 registered sales; the first was AED 1,044,600 in January 2015.

What is the rent for unit 801?

AED 50,524 a year on the contract signed on 28 August 2023. The previous contract, from August 2022, was AED 50,400; the unit has been rented since May 2016.

How big is unit 801?

851 sqft (79.1 sqm): a studio on the 8th floor of a 8-storey tower completed in 2014.

What is unit 801 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.

Selling 801? 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 801, Bay Square 9

Starts from the last sale price (AED 1.07M, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

Plus AED 49,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →