P17, 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.
Property timeline for P17, Bay Square 9
What is P17 worth today?
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Source: Dubai Land Department. Updated 15 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 705 sqft
- Parking
- B2-577
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 15,500 /yr
- Last sold
- AED 937K · March 2024
- Building
- Bay Square 9
About P17, Bay Square 9
P17 is a studio of 705 sqft of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 19 March 2024 for AED 937,125, or AED 1,329 per sqft, 4% above the AED 1,274 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 74,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 15,500 a year.
Sales and rents for P17 over time
P17 has sold twice; the dashed line is the studio median of each year in the building.
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 P17 sits
All 107 studios →P17 last sold in March 2024 at AED 1,329 per sqft, 4% 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. P17's AED 74,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jun 20259 June 2025 | 707 sqft | 1,180,000 | 1,669 | ||
| 28 May 202528 May 2025 | 659 sqft | 1,115,000 | 1,691 | ||
| 21 May 202521 May 2025 | 851 sqft | 1,220,000 | 1,434 | ||
| 19 May 202519 May 2025 | 705 sqft | 1,125,000 | 1,595 |
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%
P17, Bay Square 9 in numbers
- Sold twice: first on 14 January 2015 for AED 867,148, last on 19 March 2024 for AED 937,125 (AED 1,329 per sqft).
- Rented since February 2016 on 10 Ejari contracts. The rent fell from AED 75,000 to AED 43,000 in 2020 and recovered to AED 74,000 by September 2025.
- At AED 74,000 a year the gross yield on the 2024 price is 7.9%, 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 15 September 2025.
Questions about P17, Bay Square 9
What did unit P17 last sell for?
AED 937,125 on 19 March 2024: AED 1,329 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 P17?
AED 74,000 a year on the contract renewed on 15 September 2025. The previous contract, from August 2024, was AED 72,000; the unit has been rented since February 2016.
How big is unit P17?
705 sqft (65.5 sqm): a studio of a 8-storey tower completed in 2014.
What is unit P17 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 P17, Bay Square 9
Starts from the last sale price (AED 937K, 19 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 937,125
- Deposit, UAE resident (20%)
- AED 187,425
- Deposit, non-resident (40%)
- AED 374,850
- Monthly over 25 years at 3.7%
- AED 3,834
Plus AED 44,369 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →