Studio · 700 sqftBay Square 11, Business Bay · 8th floor · completed 2014

809, Bay Square 11

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 30 March 2023
Last soldAED 765K30 March 2023
Current rentAED 60K /yr6 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Bay Square 11

What is 809 worth today?

Last sold for AED 765,000 in 2023

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30 Mar 2023SoldReady
AED 765,000AED 1,092 per sqft
6 Feb 2022RentedRenewal
AED 60,000/yr12 months · AED 86 per sqft
6 Feb 2021RentedNew contract
AED 55,000/yr12 months · AED 79 per sqft
1 Jul 2020SoldReady
AED 550,000AED 785 per sqft
20 Dec 2015RentedRenewal
AED 79,000/yr12 months · AED 113 per sqft
20 Dec 2014RentedNew contract
AED 79,000/yr12 months · AED 113 per sqft
27 Oct 2014Sold by developerReady
AED 873,000AED 1,263 per sqft

Source: Dubai Land Department. Updated 30 March 2023.

Key facts

Type
Studio apartment
Size
700 sqft
Floor
8th of 9
Parking
B2-891
Developer
Business Bay
Completed
2014
Service charge
AED 18,900 /yr
Last sold
AED 765K · March 2023

About 809, Bay Square 11

809 is a studio of 700 sqft on the 8th floor of Bay Square 11, a 9-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 30 March 2023 for AED 765,000, or AED 1,092 per sqft, 16% below the AED 1,295 studios in the building were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 6 February 2022, is AED 60,000 a year: a gross yield of 7.8% on the 2023 price, before the service charge of about AED 18,900 a year.

Sales and rents for 809 over time

Sales
Unit 809, each saleTypical studio in Bay Square 11
500K750K1M2014201720202023Typical sale price by year: 2014 AED 833,000; 2015 AED 1,085,000; 2023 AED 792,500Sold by developer, October 2014: AED 873,000 (AED 1,263 per sqft)Sold, July 2020: AED 550,000 (AED 785 per sqft)Sold, March 2023: AED 765,000 (AED 1,092 per sqft)

809 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 809, each contractTypical studio in Bay Square 11
40K60K80K2014201820222026Typical rent by year: 2015 AED 81,500; 2016 AED 80,000; 2017 AED 75,000; 2018 AED 65,000; 2019 AED 61,000; 2020 AED 49,000; 2021 AED 45,000; 2022 AED 51,450; 2023 AED 56,000; 2024 AED 65,000; 2025 AED 81,500; 2026 AED 79,375New contract, December 2014: AED 79,000 a yearRenewal, December 2015: AED 79,000 a yearNew contract, February 2021: AED 55,000 a yearRenewal, February 2022: AED 60,000 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 11, and where 809 sits

All 12 studios →

809 last sold in March 2023 at AED 1,092 per sqft, 16% below what studios in Bay Square 11 were fetching at the time (AED 1,295). Over the last 12 months studios sold for AED 970,000 to 1,150,000, around AED 1,662 per sqft, and rent for AED 65,000 to 90,000 a year. 809's AED 60,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
18 Feb 20261,050,000
6 Feb 20261,150,000
21 Nov 2025970,000
18 Sep 20251,250,000
3 studio sales in the last 12 months

Bay Square 11

Building

17 apartments, studios to 1-bed over 9 floors in Business Bay, completed in 2014 by Business Bay. 3 sold in the last 12 months.

Typical price per sqft
AED 1,662
Typical sale
AED 1.05M
Typical rent
AED 95K /yr
Typical yield
7.3%
Bay Square 11, Business Bay: prices, sales and rents →

Other units on the 8th floor

All 17 units in Bay Square 11
Value
801StudioAED 870K · Oct 2014
802StudioAED 1.05M · Feb 2026
803StudioAED 1.15M · Feb 2026
804StudioAED 995K · Feb 2015
8051-bedAED 720K · Feb 2017
8061-bedAED 1.6M · Mar 2025
8071-bedAED 1.52M · Mar 2023
1–7 of 8

809, Bay Square 11 in numbers

  • Sold 3 times: first on 27 October 2014 for AED 873,000, last on 30 March 2023 for AED 765,000 (AED 1,092 per sqft).
  • Rented since December 2014 on 4 Ejari contracts, from AED 79,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 7.8%, before a service charge of about AED 18,900 a year (AED 27.00 per sqft).
  • Studios in Bay Square 11 sold for AED 970,000–1,150,000 in the 12 months to November 2026; the building's median across all types is AED 1,662 per sqft.

Source: Dubai Land Department. Updated 30 March 2023.

Questions about 809, Bay Square 11

What did unit 809 last sell for?

AED 765,000 on 30 March 2023: AED 1,092 per sqft for 700 sqft. The unit has 3 registered sales; the first was AED 873,000 in October 2014.

What is the rent for unit 809?

AED 60,000 a year on the contract renewed on 6 February 2022. The previous contract, from February 2021, was AED 55,000; the unit has been rented since December 2014.

How big is unit 809?

700 sqft (65.0 sqm): a studio on the 8th floor of a 9-storey tower completed in 2014.

What is unit 809 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Bay Square 11 sold for AED 970,000 to 1,150,000 in the last 12 months, around AED 1,662 per sqft.

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Mortgage on 809, Bay Square 11

Starts from the last sale price (AED 765K, 30 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 765,000
Deposit, UAE resident (20%)
AED 153,000
Deposit, non-resident (40%)
AED 306,000
Monthly over 25 years at 3.7%
AED 3,130

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