Studio · 705 sqftBay Square 9, Business Bay · 8th floor · completed 2014

817, Bay Square 9

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

Unit 817 · DLD and Ejari recordsUpdated 26 June 2024
Last soldAED 950K27 February 2024
Current rentAED 72K /yr26 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 817, Bay Square 9

What is 817 worth today?

Last sold for AED 950,000 in 2024

Unlock today's estimate, updated daily, with

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

26 Jun 2024RentedNew contract
AED 72,000/yr12 months · AED 103 per sqft
27 Feb 2024SoldReady
AED 950,000AED 1,348 per sqft
10 Feb 2023RentedNew contract
AED 52,500/yr12 months · AED 75 per sqft
10 Feb 2022RentedNew contract
AED 50,000/yr12 months · AED 71 per sqft
1 Feb 2019RentedNew contract
AED 70,000/yr12 months · AED 99 per sqft
1 Nov 2017RentedNew contract
AED 80,000/yr12 months · AED 114 per sqft
1 Nov 2016RentedNew contract
AED 80,000/yr12 months · AED 114 per sqft
14 Jan 2015Sold by developerReady
AED 867,148AED 1,230 per sqft

Source: Dubai Land Department. Updated 26 June 2024.

Key facts

Type
Studio apartment
Size
705 sqft
Floor
8th of 8
Parking
B2-791
Developer
Business Bay
Completed
2014
Service charge
AED 15,500 /yr
Last sold
AED 950K · February 2024
Building
Bay Square 9

About 817, Bay Square 9

817 is a studio of 705 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 February 2024 for AED 950,000, or AED 1,348 per sqft, 6% 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 26 June 2024, is AED 72,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 15,500 a year.

Sales and rents for 817 over time

Sales
Unit 817, 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 867,148 (AED 1,230 per sqft)Sold, February 2024: AED 950,000 (AED 1,348 per sqft)

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

Rents
Unit 817, 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, November 2016: AED 80,000 a yearNew contract, November 2017: AED 80,000 a yearNew contract, February 2019: AED 70,000 a yearNew contract, February 2022: AED 50,000 a yearNew contract, February 2023: AED 52,500 a yearNew contract, June 2024: AED 72,000 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 817 sits

All 107 studios →

817 last sold in February 2024 at AED 1,348 per sqft, 6% 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. 817's AED 72,000 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
806StudioAED 940K · Mar 2024
807StudioAED 930K · May 2024
1–7 of 18

817, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 867,148, last on 27 February 2024 for AED 950,000 (AED 1,348 per sqft).
  • Rented since November 2016 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 50,000 in 2022 and recovered to AED 72,000 by June 2024.
  • At AED 72,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 15,500 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 June 2024.

Questions about 817, Bay Square 9

What did unit 817 last sell for?

AED 950,000 on 27 February 2024: AED 1,348 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 867,148 in January 2015.

What is the rent for unit 817?

AED 72,000 a year on the contract signed on 26 June 2024. The previous contract, from February 2023, was AED 52,500; the unit has been rented since November 2016.

How big is unit 817?

705 sqft (65.5 sqm): a studio on the 8th floor of a 8-storey tower completed in 2014.

What is unit 817 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 817? 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 817, Bay Square 9

Starts from the last sale price (AED 950K, 27 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

Plus AED 44,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →