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

809, Bay Square 9

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 22 January 2024
Last soldAED 1.63M22 January 2024
Current rentAED 80K /yr20 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Bay Square 9

What is 809 worth today?

Last sold for AED 1,634,062 in 2024

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22 Jan 2024SoldReady
AED 1,634,062AED 1,433 per sqft
20 Mar 2023RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
20 Mar 2022RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
1 Nov 2019RentedNew contract
AED 95,000/yr12 months · AED 83 per sqft
10 Dec 2018RentedNew contract
AED 107,000/yr12 months · AED 94 per sqft
18 Apr 2017RentedNew contract
AED 115,000/yr12 months · AED 101 per sqft
14 Jan 2015Sold by developerReady
AED 1,377,027AED 1,207 per sqft

Source: Dubai Land Department. Updated 22 January 2024.

Key facts

Type
Studio apartment
Size
1,140 sqft
Floor
8th of 8
Parking
B2-796
Developer
Business Bay
Completed
2014
Service charge
AED 25,100 /yr
Last sold
AED 1.63M · January 2024
Building
Bay Square 9

About 809, Bay Square 9

809 is a studio 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. It last sold on 22 January 2024 for AED 1,634,062, or AED 1,433 per sqft, 12% above the AED 1,274 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 20 March 2023, is AED 80,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 25,100 a year.

Sales and rents for 809 over time

Sales
Unit 809, each saleTypical studio in Bay Square 9
1M1.5M2015201820212024Typical 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 1,377,027 (AED 1,207 per sqft)Sold, January 2024: AED 1,634,062 (AED 1,433 per sqft)

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

Rents
Unit 809, each contractTypical studio in Bay Square 9
50K100K2016201920222025Typical 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, April 2017: AED 115,000 a yearNew contract, December 2018: AED 107,000 a yearNew contract, November 2019: AED 95,000 a yearNew contract, March 2022: AED 80,000 a yearNew contract, March 2023: AED 80,000 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 809 sits

All 107 studios →

809 last sold in January 2024 at AED 1,433 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. 809's AED 80,000 is in the lower half 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
806StudioAED 940K · Mar 2024
807StudioAED 930K · May 2024
1–7 of 18

809, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 1,377,027, last on 22 January 2024 for AED 1,634,062 (AED 1,433 per sqft).
  • Rented since April 2017 on 5 Ejari contracts, from AED 115,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 25,100 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 22 January 2024.

Questions about 809, Bay Square 9

What did unit 809 last sell for?

AED 1,634,062 on 22 January 2024: AED 1,433 per sqft for 1,140 sqft. The unit has 2 registered sales; the first was AED 1,377,027 in January 2015.

What is the rent for unit 809?

AED 80,000 a year on the contract signed on 20 March 2023. The previous contract, from March 2022, was AED 80,000; the unit has been rented since April 2017.

How big is unit 809?

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

What is unit 809 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 809, Bay Square 9

Starts from the last sale price (AED 1.63M, 22 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,634,062
Deposit, UAE resident (20%)
AED 326,812
Deposit, non-resident (40%)
AED 653,625
Monthly over 25 years at 3.7%
AED 6,685

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →