Studio · 659 sqftBay Square 9, Business Bay · 8th floor · completed 2014

806, Bay Square 9

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806 · DLD and Ejari recordsUpdated 26 March 2024
Last soldAED 940K26 March 2024
Current rentAED 51K /yr29 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, Bay Square 9

What is 806 worth today?

Last sold for AED 940,000 in 2024

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26 Mar 2024SoldReady
AED 940,000AED 1,425 per sqft
1 Feb 2024SoldReady
AED 719,599AED 1,091 per sqft
29 Apr 2022RentedNew contract
AED 51,000/yr12 months · AED 77 per sqft
11 Mar 2021RentedNew contract
AED 42,000/yr12 months · AED 64 per sqft
27 Jun 2020RentedNew contract
AED 55,000/yr12 months · AED 83 per sqft
29 Apr 2019RentedNew contract
AED 65,000/yr12 months · AED 99 per sqft
28 Feb 2018RentedNew contract
AED 70,000/yr12 months · AED 106 per sqft
10 Sep 2016RentedNew contract
AED 75,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 26 March 2024.

Key facts

Type
Studio apartment
Size
659 sqft
Floor
8th of 8
Parking
B2-799
Developer
Business Bay
Completed
2014
Service charge
AED 14,500 /yr
Last sold
AED 940K · March 2024
Building
Bay Square 9

About 806, Bay Square 9

806 is a studio of 659 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 26 March 2024 for AED 940,000, or AED 1,425 per sqft, 12% above the AED 1,274 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 29 April 2022, is AED 51,000 a year: a gross yield of 5.4% on the 2024 price, before the service charge of about AED 14,500 a year.

Sales and rents for 806 over time

Sales
Unit 806, 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 793,802 (AED 1,204 per sqft)Sold, February 2024: AED 719,599 (AED 1,091 per sqft)Sold, March 2024: AED 940,000 (AED 1,425 per sqft)

806 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 806, 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, September 2016: AED 75,000 a yearNew contract, February 2018: AED 70,000 a yearNew contract, April 2019: AED 65,000 a yearNew contract, June 2020: AED 55,000 a yearNew contract, March 2021: AED 42,000 a yearNew contract, April 2022: AED 51,000 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 806 sits

All 107 studios →

806 last sold in March 2024 at AED 1,425 per sqft, 12% 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. 806's AED 51,000 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
801StudioAED 1.07M · May 2024
8021-bedAED 1.37M · Jan 2015
8031-bedAED 1.37M · Jan 2015
8041-bedAED 1.37M · Jan 2015
8051-bedAED 1.37M · Jan 2015
807StudioAED 930K · May 2024
8081-bedAED 1.6M · Aug 2023
1–7 of 18

806, Bay Square 9 in numbers

  • Sold 3 times: first on 14 January 2015 for AED 793,802, last on 26 March 2024 for AED 940,000 (AED 1,425 per sqft).
  • Rented since September 2016 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 42,000 in 2021 and recovered to AED 51,000 by April 2022.
  • At AED 51,000 a year the gross yield on the 2024 price is 5.4%, 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 26 March 2024.

Questions about 806, Bay Square 9

What did unit 806 last sell for?

AED 940,000 on 26 March 2024: AED 1,425 per sqft for 659 sqft. The unit has 3 registered sales; the first was AED 793,802 in January 2015.

What is the rent for unit 806?

AED 51,000 a year on the contract signed on 29 April 2022. The previous contract, from March 2021, was AED 42,000; the unit has been rented since September 2016.

How big is unit 806?

659 sqft (61.2 sqm): a studio on the 8th floor of a 8-storey tower completed in 2014.

What is unit 806 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 806, Bay Square 9

Starts from the last sale price (AED 940K, 26 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 940,000
Deposit, UAE resident (20%)
AED 188,000
Deposit, non-resident (40%)
AED 376,000
Monthly over 25 years at 3.7%
AED 3,846

Plus AED 44,490 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →