1-bed · 1,225 sqftBay Square 13, Business Bay · 9th floor · completed 2014

906, Bay Square 13

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

Unit 906 · DLD and Ejari recordsUpdated 4 April 2024
Last soldAED 1.23M4 April 2024
Current rentAED 55K /yr10 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Bay Square 13

What is 906 worth today?

Last sold for AED 1,233,000 in 2024

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4 Apr 2024SoldReady
AED 1,233,000AED 1,006 per sqft
10 Jun 2022RentedRenewal
AED 55,200/yr12 months · AED 45 per sqft
10 May 2021RentedNew contract
AED 48,000/yr13 months · AED 39 per sqft
1 Mar 2020RentedRenewal
AED 80,000/yr12 months · AED 65 per sqft
30 Jan 2019RentedRenewal
AED 82,857/yr13 months · AED 68 per sqft
30 Jan 2018RentedRenewal
AED 95,000/yr12 months · AED 78 per sqft
1 Feb 2017RentedNew contract
AED 100,541/yr12 months · AED 82 per sqft
26 May 2015Sold by developerReady
AED 1,332,000AED 1,087 per sqft

Source: Dubai Land Department. Updated 4 April 2024.

Key facts

Type
1-bed apartment
Size
1,225 sqft
Floor
9th of 9
Parking
B2-1092
Developer
Business Bay
Completed
2014
Service charge
AED 33,100 /yr
Last sold
AED 1.23M · April 2024

About 906, Bay Square 13

906 is a one-bedroom apartment of 1,225 sqft on the 9th floor of Bay Square 13, a 9-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 4 April 2024 for AED 1,233,000, or AED 1,006 per sqft, in line with the AED 982 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 10 June 2022, is AED 55,200 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 33,100 a year.

Sales and rents for 906 over time

Sales
Unit 906, each saleTypical one-bed in Bay Square 13
1.5M2M20152018202120242027Typical sale price by year: 2015 AED 1,638,000; 2023 AED 1,340,419; 2024 AED 1,392,000; 2026 AED 1,920,492Sold by developer, May 2015: AED 1,332,000 (AED 1,087 per sqft)Sold, April 2024: AED 1,233,000 (AED 1,006 per sqft)

906 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 906, each contractTypical one-bed in Bay Square 13
50K100K20152018202120242027Typical rent by year: 2015 AED 115,000; 2016 AED 112,500; 2017 AED 105,000; 2018 AED 96,923; 2019 AED 85,000; 2020 AED 71,000; 2021 AED 60,000; 2022 AED 57,500; 2023 AED 68,250; 2024 AED 109,000; 2025 AED 115,000; 2026 AED 117,500New contract, February 2017: AED 100,541 a yearRenewal, January 2018: AED 95,000 a yearRenewal, January 2019: AED 82,857 a yearRenewal, March 2020: AED 80,000 a yearNew contract, May 2021: AED 48,000 a yearRenewal, June 2022: AED 55,200 a year

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 13, and where 906 sits

All 17 1-beds →

906 last sold in April 2024 at AED 1,006 per sqft, in line with what one-beds in Bay Square 13 were fetching at the time (AED 982). Over the last 12 months one-beds sold for AED 1,920,492 to 2,496,639, around AED 1,237 per sqft, and rent for AED 87,318 to 160,000 a year. 906's AED 55,200 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Feb 20261,920,492
6 Feb 20261,920,492
6 Feb 20262,496,639
4 Mar 20251,900,000
3 1-bed sales in the last 12 months

Bay Square 13

Building

17 apartments, 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 1,237
Typical sale
AED 1.92M
Typical rent
AED 118K /yr
Typical yield
6.6%
Bay Square 13, Business Bay: prices, sales and rents →

Other units on the 9th floor

All 17 units in Bay Square 13
Value
9011-bedAED 1.3M · Jun 2023
9021-bedAED 1.73M · Jul 2015
9031-bedAED 1.73M · Jul 2015
9041-bedAED 1.33M · Jun 2023
9051-bedAED 1.36M · Apr 2024
9071-bedAED 1.23M · Apr 2024
9081-bedAED 1.23M · Apr 2024

906, Bay Square 13 in numbers

  • Sold twice: first on 26 May 2015 for AED 1,332,000, last on 4 April 2024 for AED 1,233,000 (AED 1,006 per sqft).
  • Rented since February 2017 on 6 Ejari contracts. The rent fell from AED 100,541 to AED 48,000 in 2021 and recovered to AED 55,200 by June 2022.
  • At AED 55,200 a year the gross yield on the 2024 price is 4.5%, before a service charge of about AED 33,100 a year (AED 27.00 per sqft).
  • One-beds in Bay Square 13 sold for AED 1,920,492–2,496,639 in the 12 months to November 2026; the building's median across all types is AED 1,237 per sqft.

Source: Dubai Land Department. Updated 4 April 2024.

Questions about 906, Bay Square 13

What did unit 906 last sell for?

AED 1,233,000 on 4 April 2024: AED 1,006 per sqft for 1,225 sqft. The unit has 2 registered sales; the first was AED 1,332,000 in May 2015.

What is the rent for unit 906?

AED 55,200 a year on the contract renewed on 10 June 2022. The previous contract, from May 2021, was AED 48,000; the unit has been rented since February 2017.

How big is unit 906?

1,225 sqft (113.8 sqm): a one-bedroom apartment on the 9th floor of a 9-storey tower completed in 2014.

What is unit 906 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 13 sold for AED 1,920,492 to 2,496,639 in the last 12 months, around AED 1,237 per sqft.

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Mortgage on 906, Bay Square 13

Starts from the last sale price (AED 1.23M, 4 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,233,000
Deposit, UAE resident (20%)
AED 246,600
Deposit, non-resident (40%)
AED 493,200
Monthly over 25 years at 3.7%
AED 5,045

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