1-bed · 1,301 sqftBay Square 9, Business Bay · 8th floor · completed 2014

813, Bay Square 9

Sold prices and rental history: sold twice, 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 813 · DLD and Ejari recordsUpdated 21 March 2024
Last soldAED 1.72M21 March 2024
Current rentAED 83K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 813, Bay Square 9

What is 813 worth today?

Last sold for AED 1,721,832 in 2024

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21 Mar 2024SoldReady
AED 1,721,832AED 1,322 per sqft
1 Feb 2024RentedNew contract
AED 83,044/yr3 months · AED 64 per sqft
1 Feb 2023RentedNew contract
AED 84,000/yr12 months · AED 65 per sqft
1 Feb 2022RentedRenewal
AED 80,000/yr12 months · AED 61 per sqft
1 Feb 2021RentedNew contract
AED 78,000/yr12 months · AED 60 per sqft
30 Jun 2016RentedNew contract
AED 130,000/yr12 months · AED 100 per sqft
14 Jan 2015Sold by developerReady
AED 1,567,492AED 1,204 per sqft

Source: Dubai Land Department. Updated 21 March 2024.

Key facts

Type
1-bed apartment
Size
1,301 sqft
Floor
8th of 8
Parking
B2-787
Developer
Business Bay
Completed
2014
Service charge
AED 28,600 /yr
Last sold
AED 1.72M · March 2024
Building
Bay Square 9

About 813, Bay Square 9

813 is a one-bedroom apartment of 1,301 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 21 March 2024 for AED 1,721,832, or AED 1,322 per sqft, 3% above the AED 1,283 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 1 February 2024, is AED 83,044 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 28,600 a year.

Sales and rents for 813 over time

Sales
Unit 813, 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 1,567,492 (AED 1,204 per sqft)Sold, March 2024: AED 1,721,832 (AED 1,322 per sqft)

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

Rents
Unit 813, each contractTypical one-bed in Bay Square 9
100K2016201920222025Typical 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, June 2016: AED 130,000 a yearNew contract, February 2021: AED 78,000 a yearRenewal, February 2022: AED 80,000 a yearNew contract, February 2023: AED 84,000 a yearNew contract, February 2024: AED 83,044 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 813 sits

All 50 1-beds →

813 last sold in March 2024 at AED 1,322 per sqft, 3% above what one-beds in Bay Square 9 were fetching at the time (AED 1,283). 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. 813's AED 83,044 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
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

813, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 1,567,492, last on 21 March 2024 for AED 1,721,832 (AED 1,322 per sqft).
  • Rented since June 2016 on 5 Ejari contracts, from AED 130,000 to AED 83,044 a year.
  • At AED 83,044 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 28,600 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 21 March 2024.

Questions about 813, Bay Square 9

What did unit 813 last sell for?

AED 1,721,832 on 21 March 2024: AED 1,322 per sqft for 1,301 sqft. The unit has 2 registered sales; the first was AED 1,567,492 in January 2015.

What is the rent for unit 813?

AED 83,044 a year on the contract signed on 1 February 2024. The previous contract, from February 2023, was AED 84,000; the unit has been rented since June 2016.

How big is unit 813?

1,301 sqft (120.9 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2014.

What is unit 813 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 813, Bay Square 9

Starts from the last sale price (AED 1.72M, 21 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,721,832
Deposit, UAE resident (20%)
AED 344,366
Deposit, non-resident (40%)
AED 688,733
Monthly over 25 years at 3.7%
AED 7,045

Plus AED 77,327 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →