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1-bed · 1,140 sqftBay Square 9, Business Bay · 8th floor · completed 2014

803, Bay Square 9

Sold prices and rental history: sold once, by the developer in January 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 8 February 2023
Last soldAED 1.37M14 January 2015
Current rentAED 72K /yr8 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 803, Bay Square 9

What is 803 worth today?

Last sold for AED 1,369,929 in 2015

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8 Feb 2023RentedNew contract
AED 72,000/yr12 months · AED 63 per sqft
8 Feb 2022RentedNew contract
AED 69,000/yr12 months · AED 61 per sqft
1 Feb 2018RentedNew contract
AED 110,000/yr12 months · AED 97 per sqft
1 Jan 2017RentedNew contract
AED 110,000/yr12 months · AED 97 per sqft
14 Jan 2015Sold by developerReady
AED 1,369,929AED 1,201 per sqft

Source: Dubai Land Department. Updated 8 February 2023.

Key facts

Type
1-bed apartment
Size
1,140 sqft
Floor
8th of 8
Parking
B2-802
Developer
Business Bay
Completed
2014
Service charge
AED 25,100 /yr
Last sold
AED 1.37M · January 2015
Building
Bay Square 9

About 803, Bay Square 9

803 is a one-bedroom apartment of 1,140 sqft on the 8th floor of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. The developer sold it on 14 January 2015 for AED 1,369,929, or AED 1,201 per sqft, in line with the AED 1,205 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 8 February 2023, is AED 72,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 25,100 a year.

Sales and rents for 803 over time

Sales
Unit 803, each saleTypical one-bed in Bay Square 9
1.4M1.6M20152018202120242027Typical sale price by year: 2015 AED 1,373,478; 2023 AED 1,575,000; 2024 AED 1,527,956; 2025 AED 1,530,561; 2026 AED 1,700,000Sold by developer, January 2015: AED 1,369,929 (AED 1,201 per sqft)

803 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 803, each contractTypical one-bed in Bay Square 9
75K100K125K2016201920222025Typical rent by year: 2016 AED 110,000; 2017 AED 110,000; 2018 AED 105,000; 2019 AED 100,000; 2020 AED 81,000; 2021 AED 66,000; 2022 AED 69,300; 2023 AED 69,603; 2024 AED 119,337; 2025 AED 120,000; 2026 AED 120,000New contract, January 2017: AED 110,000 a yearNew contract, February 2018: AED 110,000 a yearNew contract, February 2022: AED 69,000 a yearNew contract, February 2023: AED 72,000 a year

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 803 sits

All 50 1-beds →

803 last sold in January 2015 at AED 1,201 per sqft, in line with what one-beds in Bay Square 9 were fetching at the time (AED 1,205). 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. 803's AED 72,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jan 20261,525,000
26 Jan 20261,700,000
7 Jan 20262,000,000
10 Jun 20251,750,000
7 1-bed sales 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
801StudioAED 1.07M · May 2024
8021-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

803, Bay Square 9 in numbers

  • Sold once: by Business Bay on 14 January 2015 for AED 1,369,929, or AED 1,201 per sqft.
  • Rented since January 2017 on 4 Ejari contracts, from AED 110,000 to AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2015 price is 5.3%, 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 8 February 2023.

Questions about 803, Bay Square 9

What did unit 803 last sell for?

AED 1,369,929 on 14 January 2015, sold by the developer: AED 1,201 per sqft for 1,140 sqft. It is the only registered sale of the unit.

What is the rent for unit 803?

AED 72,000 a year on the contract signed on 8 February 2023. The previous contract, from February 2022, was AED 69,000; the unit has been rented since January 2017.

How big is unit 803?

1,140 sqft (105.9 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2014.

What is unit 803 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 803, Bay Square 9

Starts from the last sale price (AED 1.37M, 14 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,369,929
Deposit, UAE resident (20%)
AED 273,986
Deposit, non-resident (40%)
AED 547,972
Monthly over 25 years at 3.7%
AED 5,605

Plus AED 62,547 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →