1-bed · 1,586 sqftBay Square 2, Business Bay · 9th floor · completed 2014

906, Bay Square 2

Sold prices and rental history: sold twice, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 906 · DLD and Ejari recordsUpdated 13 September 2024
Last soldAED 1.54M13 September 2024
Current rentAED 72K /yr15 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 906, Bay Square 2

What is 906 worth today?

Last sold for AED 1,535,000 in 2024

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13 Sep 2024SoldReady
AED 1,535,000AED 967 per sqft
15 Jun 2023RentedRenewal
AED 72,000/yr12 months · AED 45 per sqft
15 Jun 2022RentedRenewal
AED 70,000/yr12 months · AED 44 per sqft
15 Jun 2021RentedRenewal
AED 65,000/yr12 months · AED 41 per sqft
15 May 2020RentedNew contract
AED 75,000/yr13 months · AED 47 per sqft
8 Feb 2017RentedNew contract
AED 107,000/yr12 months · AED 68 per sqft
28 Dec 2015RentedNew contract
AED 110,000/yr12 months · AED 70 per sqft
1 Dec 2014RentedNew contract
AED 120,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 13 September 2024.

Key facts

Type
1-bed apartment
Size
1,586 sqft
Floor
9th of 10
Parking
B2-119
Developer
Business Bay
Completed
2014
Service charge
AED 42,800 /yr
Last sold
AED 1.54M · September 2024
Building
Bay Square 2

About 906, Bay Square 2

906 is a one-bedroom apartment of 1,586 sqft on the 9th floor of Bay Square 2, a 10-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 13 September 2024 for AED 1,535,000, or AED 967 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 15 June 2023, is AED 72,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 42,800 a year.

Sales and rents for 906 over time

Sales
Unit 906, each saleTypical one-bed in Bay Square 2
1.6M1.8M20142017202020232026Typical sale price by year: 2014 AED 1,551,500; 2024 AED 1,535,000; 2025 AED 1,702,500Sold by developer, October 2014: AED 1,779,000 (AED 1,121 per sqft)Sold, September 2024: AED 1,535,000 (AED 967 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 2
75K100K125K2014201820222026Typical rent by year: 2015 AED 115,000; 2016 AED 119,668; 2017 AED 105,000; 2018 AED 97,000; 2019 AED 85,000; 2020 AED 75,000; 2021 AED 70,000; 2022 AED 75,000; 2023 AED 90,000; 2024 AED 90,000; 2025 AED 112,500; 2026 AED 111,250New contract, December 2014: AED 120,000 a yearNew contract, December 2015: AED 110,000 a yearNew contract, February 2017: AED 107,000 a yearNew contract, May 2020: AED 75,000 a yearRenewal, June 2021: AED 65,000 a yearRenewal, June 2022: AED 70,000 a yearRenewal, June 2023: AED 72,000 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 2, and where 906 sits

All 15 1-beds →

Over the last 12 months one-beds sold for AED 1,650,000, around AED 1,037 per sqft, and rent for AED 100,000 to 165,000 a year. 906's AED 72,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Nov 20251,650,000
24 Sep 20251,790,000
17 Mar 20251,680,000
26 Feb 20251,725,000
1 1-bed sale in the last 12 months

Bay Square 2

Building

17 apartments, studios to 1-bed over 10 floors in Business Bay, completed in 2014 by Business Bay. 1 sold in the last 12 months.

Typical price per sqft
AED 1,037
Typical sale
AED 1.65M
Typical rent
AED 110K /yr
Typical yield
8.8%
Bay Square 2, Business Bay: prices, sales and rents →

Other units on the 9th floor

All 17 units in Bay Square 2
Value
9011-bedAED 1.68M · Mar 2025
9021-bedAED 1.73M · Feb 2025
9031-bedAED 1.52M · May 2014
9041-bedAED 1.65M · Nov 2025
9051-bedAED 1.65M · Dec 2024
9071-bedAED 1.52M · Oct 2014
9081-bedAED 1.65M · Jan 2023
1–7 of 8

906, Bay Square 2 in numbers

  • Sold twice: first on 14 October 2014 for AED 1,779,000, last on 13 September 2024 for AED 1,535,000 (AED 967 per sqft).
  • Rented since December 2014 on 7 Ejari contracts. The rent fell from AED 120,000 to AED 65,000 in 2021 and recovered to AED 72,000 by June 2023.
  • At AED 72,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 42,800 a year (AED 27.00 per sqft).
  • One-beds in Bay Square 2 sold for AED 1,650,000–1,650,000 in the 12 months to November 2026; the building's median across all types is AED 1,037 per sqft.

Source: Dubai Land Department. Updated 13 September 2024.

Questions about 906, Bay Square 2

What did unit 906 last sell for?

AED 1,535,000 on 13 September 2024: AED 967 per sqft for 1,586 sqft. The unit has 2 registered sales; the first was AED 1,779,000 in October 2014.

What is the rent for unit 906?

AED 72,000 a year on the contract renewed on 15 June 2023. The previous contract, from June 2022, was AED 70,000; the unit has been rented since December 2014.

How big is unit 906?

1,586 sqft (147.3 sqm): a one-bedroom apartment on the 9th floor of a 10-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 2 sold for AED 1,650,000 to 1,650,000 in the last 12 months, around AED 1,037 per sqft.

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Mortgage on 906, Bay Square 2

Starts from the last sale price (AED 1.54M, 13 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,535,000
Deposit, UAE resident (20%)
AED 307,000
Deposit, non-resident (40%)
AED 614,000
Monthly over 25 years at 3.7%
AED 6,280

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