Studio · 659 sqftBay Square 9, Business Bay · completed 2014

P06, Bay Square 9

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

Unit P06 · DLD and Ejari recordsUpdated 29 September 2025
Last soldAED 840K20 February 2024
Current rentAED 85K /yr29 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P06, Bay Square 9

What is P06 worth today?

Last sold for AED 840,000 in 2024

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29 Sep 2025RentedNew contract
AED 85,000/yr12 months · AED 129 per sqft
20 Feb 2024SoldReady
AED 840,000AED 1,274 per sqft
20 Feb 2023RentedNew contract
AED 48,300/yr12 months · AED 73 per sqft
20 Feb 2022RentedNew contract
AED 46,000/yr12 months · AED 70 per sqft
20 Feb 2021RentedRenewal
AED 42,000/yr12 months · AED 64 per sqft
20 Feb 2020RentedNew contract
AED 45,000/yr12 months · AED 68 per sqft
23 Oct 2018RentedNew contract
AED 60,000/yr12 months · AED 91 per sqft
1 Feb 2017RentedRenewal
AED 70,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 29 September 2025.

Key facts

Type
Studio apartment
Size
659 sqft
Parking
B2-774
Developer
Business Bay
Completed
2014
Service charge
AED 14,500 /yr
Last sold
AED 840K · February 2024
Building
Bay Square 9

About P06, Bay Square 9

P06 is a studio of 659 sqft of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 20 February 2024 for AED 840,000, or AED 1,274 per sqft, in line with the AED 1,274 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 29 September 2025, is AED 85,000 a year: a gross yield of 10.1% on the 2024 price, before the service charge of about AED 14,500 a year.

Sales and rents for P06 over time

Sales
Unit P06, 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 840,000 (AED 1,274 per sqft)

P06 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit P06, 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 85,000Renewal, February 2017: AED 70,000 a yearNew contract, October 2018: AED 60,000 a yearNew contract, February 2020: AED 45,000 a yearRenewal, February 2021: AED 42,000 a yearNew contract, February 2022: AED 46,000 a yearNew contract, February 2023: AED 48,300 a yearNew contract, September 2025: AED 85,000 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 P06 sits

All 107 studios →

P06 last sold in February 2024 at AED 1,274 per sqft, in line with 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. P06's AED 85,000 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 →

P06, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 793,802, last on 20 February 2024 for AED 840,000 (AED 1,274 per sqft).
  • Rented since February 2017 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 42,000 in 2021 and recovered to AED 85,000 by September 2025.
  • At AED 85,000 a year the gross yield on the 2024 price is 10.1%, 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 29 September 2025.

Questions about P06, Bay Square 9

What did unit P06 last sell for?

AED 840,000 on 20 February 2024: AED 1,274 per sqft for 659 sqft. The unit has 2 registered sales; the first was AED 793,802 in January 2015.

What is the rent for unit P06?

AED 85,000 a year on the contract signed on 29 September 2025. The previous contract, from February 2023, was AED 48,300; the unit has been rented since February 2017.

How big is unit P06?

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

What is unit P06 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 P06, Bay Square 9

Starts from the last sale price (AED 840K, 20 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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