Studio · 563 sqftBay Square 11, Business Bay · 9th floor · completed 2014

908, Bay Square 11

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 908 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 810K26 December 2013
Current rentAED 60K /yr18 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Bay Square 11

What is 908 worth today?

Last sold for AED 810,000 in 2013

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18 Jul 2024RentedNew contract
AED 60,000/yr12 months · AED 107 per sqft
13 May 2023RentedNew contract
AED 56,000/yr12 months · AED 99 per sqft
25 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 71 per sqft
19 Jan 2019RentedNew contract
AED 60,000/yr14 months · AED 107 per sqft
20 Jan 2016RentedNew contract
AED 62,000/yr12 months · AED 111 per sqft
10 Dec 2014RentedNew contract
AED 65,000/yr12 months · AED 116 per sqft
26 Dec 2013Sold by developerReady
AED 810,000AED 1,437 per sqft

Source: Dubai Land Department. Updated 18 July 2024.

Key facts

Type
Studio apartment
Size
563 sqft
Floor
9th of 9
Parking
B2-911
Developer
Business Bay
Completed
2014
Service charge
AED 15,200 /yr
Last sold
AED 810K · December 2013

About 908, Bay Square 11

908 is a studio of 563 sqft on the 9th floor of Bay Square 11, a 9-storey tower in Business Bay completed in 2014 by Business Bay. The developer sold it on 26 December 2013 for AED 810,000, or AED 1,437 per sqft.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 18 July 2024, is AED 60,000 a year: a gross yield of 7.4% on the 2013 price, before the service charge of about AED 15,200 a year.

Sales and rents for 908 over time

Sales
Unit 908, each saleTypical studio in Bay Square 11
800K1M2013201620192022Typical sale price by year: 2014 AED 833,000; 2015 AED 1,085,000; 2023 AED 792,500Sold by developer, December 2013: AED 810,000 (AED 1,437 per sqft)

908 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 908, 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 65,000 a yearNew contract, January 2016: AED 62,000 a yearNew contract, January 2019: AED 60,000 a yearNew contract, October 2021: AED 40,000 a yearNew contract, May 2023: AED 56,000 a yearNew contract, July 2024: 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 908 sits

All 12 studios →

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. 908'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 9th floor

All 17 units in Bay Square 11
Value
901StudioAED 1.25M · Sep 2025
902StudioAED 1.09M · Jan 2015
903StudioAED 1.09M · Jan 2015
904StudioAED 970K · Nov 2025
9051-bedAED 1.13M · Oct 2022
9061-bedAED 1.77M · Mar 2015
907StudioAED 774K · Dec 2014

908, Bay Square 11 in numbers

  • Sold once: by Business Bay on 26 December 2013 for AED 810,000, or AED 1,437 per sqft.
  • Rented since December 2014 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 40,000 in 2021 and recovered to AED 60,000 by July 2024.
  • At AED 60,000 a year the gross yield on the 2013 price is 7.4%, before a service charge of about AED 15,200 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 18 July 2024.

Questions about 908, Bay Square 11

What did unit 908 last sell for?

AED 810,000 on 26 December 2013, sold by the developer: AED 1,437 per sqft for 563 sqft. It is the only registered sale of the unit.

What is the rent for unit 908?

AED 60,000 a year on the contract signed on 18 July 2024. The previous contract, from May 2023, was AED 56,000; the unit has been rented since December 2014.

How big is unit 908?

563 sqft (52.3 sqm): a studio on the 9th floor of a 9-storey tower completed in 2014.

What is unit 908 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 908, Bay Square 11

Starts from the last sale price (AED 810K, 26 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 810,000
Deposit, UAE resident (20%)
AED 162,000
Deposit, non-resident (40%)
AED 324,000
Monthly over 25 years at 3.7%
AED 3,314

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