Studio · 692 sqftBay Square 6, Business Bay · 5th floor · completed 2014

509, Bay Square 6

Sold prices and rental history: sold twice, last in October 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 4 June 2026
Last soldAED 950K11 October 2016
Current rentAED 60K /yr4 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Bay Square 6

What is 509 worth today?

Last sold for AED 950,000 in 2016

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4 Jun 2026RentedNew contract
AED 60,000/yr12 months · AED 87 per sqft
27 Aug 2024RentedNew contract
AED 80,000/yr12 months · AED 116 per sqft
8 Oct 2018RentedNew contract
AED 40,000/yr12 months · AED 58 per sqft
1 Feb 2018RentedNew contract
AED 78,000/yr12 months · AED 113 per sqft
19 Nov 2017RentedNew contract
AED 40,000/yr12 months · AED 58 per sqft
11 Oct 2016SoldReady
AED 950,000AED 1,372 per sqft
1 Nov 2015RentedRenewal
AED 85,000/yr12 months · AED 123 per sqft
1 Nov 2014RentedNew contract
AED 85,000/yr12 months · AED 123 per sqft

Source: Dubai Land Department. Updated 4 June 2026.

Key facts

Type
Studio apartment
Size
692 sqft
Floor
5th of 6
Parking
B2-336
Developer
Business Bay
Completed
2014
Service charge
AED 18,700 /yr
Last sold
AED 950K · October 2016
Building
Bay Square 6

About 509, Bay Square 6

509 is a studio of 692 sqft on the 5th floor of Bay Square 6, a 6-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 11 October 2016 for AED 950,000, or AED 1,372 per sqft.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 4 June 2026, is AED 60,000 a year: a gross yield of 6.3% on the 2016 price, before the service charge of about AED 18,700 a year.

Sales and rents for 509 over time

Rents
Unit 509, each contractTypical studio in Bay Square 6
50K75K2014201820222026Typical rent by year: 2018 AED 70,000; 2025 AED 75,000; 2026 AED 62,500New contract, November 2014: AED 85,000 a yearRenewal, November 2015: AED 85,000 a yearNew contract, November 2017: AED 40,000 a yearNew contract, February 2018: AED 78,000 a yearNew contract, October 2018: AED 40,000 a yearNew contract, August 2024: AED 80,000 a yearNew contract, June 2026: 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 6, and where 509 sits

All 4 studios →

509's AED 60,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
27 Sep 2024850,000
11 Oct 2016950,000
13 Nov 2014757,000
13 Nov 2014726,000
0 studio sales in the last 12 months

Bay Square 6

Building

17 apartments, studios to 1-bed over 6 floors in Business Bay, completed in 2014 by Business Bay. 1 sold in the last 12 months.

Typical price per sqft
AED 1,695
Typical sale
AED 2.08M
Typical rent
AED 65K /yr
Typical yield
5.3%
Bay Square 6, Business Bay: prices, sales and rents →

Other units on the 5th floor

All 17 units in Bay Square 6
Value
5011-bedAED 1.39M · Aug 2022
5021-bedAED 1.8M · Jun 2014
5031-bedAED 1.43M · Aug 2024
5041-bedAED 1.57M · Dec 2014
5051-bedAED 1.5M · Dec 2024
5061-bedAED 1.75M · Aug 2022
5071-bedAED 1.73M · Jul 2025
1–7 of 8

509, Bay Square 6 in numbers

  • Sold twice: first on 28 October 2014 for AED 794,000, last on 11 October 2016 for AED 950,000 (AED 1,372 per sqft).
  • Rented since November 2014 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 40,000 in 2018 and recovered to AED 60,000 by June 2026.
  • At AED 60,000 a year the gross yield on the 2016 price is 6.3%, before a service charge of about AED 18,700 a year (AED 27.00 per sqft).

Source: Dubai Land Department. Updated 4 June 2026.

Questions about 509, Bay Square 6

What did unit 509 last sell for?

AED 950,000 on 11 October 2016: AED 1,372 per sqft for 692 sqft. The unit has 2 registered sales; the first was AED 794,000 in October 2014.

What is the rent for unit 509?

AED 60,000 a year on the contract signed on 4 June 2026. The previous contract, from August 2024, was AED 80,000; the unit has been rented since November 2014.

How big is unit 509?

692 sqft (64.3 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 509, Bay Square 6

Starts from the last sale price (AED 950K, 11 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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