P03, Bay Square 9
Sold prices and rental history: sold twice, last in June 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for P03, Bay Square 9
What is P03 worth today?
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Source: Dubai Land Department. Updated 8 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,140 sqft
- Parking
- B2-777
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 25,100 /yr
- Last sold
- AED 1.35M · June 2024
- Building
- Bay Square 9
About P03, Bay Square 9
P03 is a one-bedroom apartment of 1,140 sqft of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 11 June 2024 for AED 1,350,000, or AED 1,184 per sqft, 7% below the AED 1,276 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 8 October 2024, is AED 110,000 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 25,100 a year.
Sales and rents for P03 over time
P03 has sold twice; the dashed line is the one-bed median of each year in the building.
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 P03 sits
All 50 1-beds →P03 last sold in June 2024 at AED 1,184 per sqft, 7% below what one-beds in Bay Square 9 were fetching at the time (AED 1,276). 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. P03's AED 110,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jan 202629 January 2026 | 1,140 sqft | 1,525,000 | 1,337 | ||
| 26 Jan 202626 January 2026 | 1,301 sqft | 1,700,000 | 1,306 | ||
| 7 Jan 20267 January 2026 | 1,139 sqft | 2,000,000 | 1,755 | ||
| 10 Jun 202510 June 2025 | 1,135 sqft | 1,750,000 | 1,541 |
Bay Square 9
Building152 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%
P03, Bay Square 9 in numbers
- Sold twice: first on 14 January 2015 for AED 1,369,929, last on 11 June 2024 for AED 1,350,000 (AED 1,184 per sqft).
- Rented since September 2016 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 65,000 in 2021 and recovered to AED 110,000 by October 2024.
- At AED 110,000 a year the gross yield on the 2024 price is 8.2%, 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 October 2024.
Questions about P03, Bay Square 9
What did unit P03 last sell for?
AED 1,350,000 on 11 June 2024: AED 1,184 per sqft for 1,140 sqft. The unit has 2 registered sales; the first was AED 1,369,929 in January 2015.
What is the rent for unit P03?
AED 110,000 a year on the contract signed on 8 October 2024. The previous contract, from May 2023, was AED 68,250; the unit has been rented since September 2016.
How big is unit P03?
1,140 sqft (105.9 sqm): a one-bedroom apartment of a 8-storey tower completed in 2014.
What is unit P03 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 P03, Bay Square 9
Starts from the last sale price (AED 1.35M, 11 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →