Studio · 691 sqftBay Square 8, Business Bay · 9th floor · completed 2014

909, Bay Square 8

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 909 · DLD and Ejari recordsUpdated 22 June 2023
Last soldAED 860K22 June 2023
Current rentAED 53K /yr18 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 909, Bay Square 8

What is 909 worth today?

Last sold for AED 860,000 in 2023

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22 Jun 2023SoldReady
AED 860,000AED 1,243 per sqft
18 Apr 2022RentedNew contract
AED 53,000/yr12 months · AED 77 per sqft
9 Aug 2018RentedNew contract
AED 64,998/yr2 months · AED 94 per sqft
10 Aug 2017RentedNew contract
AED 65,000/yr12 months · AED 94 per sqft
3 Oct 2016RentedNew contract
AED 80,000/yr12 months · AED 116 per sqft
30 Dec 2014Sold by developerReady
AED 756,865AED 1,094 per sqft

Source: Dubai Land Department. Updated 22 June 2023.

Key facts

Type
Studio apartment
Size
691 sqft
Floor
9th of 10
Parking
B2-520
Developer
Business Bay
Completed
2014
Last sold
AED 860K · June 2023
Building
Bay Square 8

About 909, Bay Square 8

909 is a studio of 691 sqft on the 9th floor of Bay Square 8, a 10-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 22 June 2023 for AED 860,000, or AED 1,243 per sqft, 10% below the AED 1,378 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 18 April 2022, is AED 53,000 a year: a gross yield of 6.2% on the 2023 price.

Sales and rents for 909 over time

Sales
Unit 909, each saleTypical studio in Bay Square 8
700K800K2014201720202023Typical sale price by year: 2015 AED 644,701; 2022 AED 838,521; 2023 AED 860,000Sold by developer, December 2014: AED 756,865 (AED 1,094 per sqft)Sold, June 2023: AED 860,000 (AED 1,243 per sqft)

909 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 909, each contractTypical studio in Bay Square 8
60K80K100K2016201920222025Typical rent by year: 2017 AED 95,385; 2022 AED 60,000; 2023 AED 72,500; 2024 AED 71,000; 2025 AED 79,000; 2026 AED 66,000New contract, October 2016: AED 80,000 a yearNew contract, August 2017: AED 65,000 a yearNew contract, August 2018: AED 64,998 a yearNew contract, April 2022: AED 53,000 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 8, and where 909 sits

All 10 studios →

909 last sold in June 2023 at AED 1,243 per sqft, 10% below what studios in Bay Square 8 were fetching at the time (AED 1,378). 909's AED 53,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
24 Jun 20251,000,000
28 Sep 2023859,138
3 Apr 2023943,299
15 Feb 2023871,252
0 studio sales in the last 12 months

Bay Square 8

Building

17 apartments, studios to 1-bed over 10 floors in Business Bay, completed in 2014 by Business Bay. 7 sold in the last 12 months.

Typical price per sqft
AED 1,190
Typical sale
AED 1.48M
Typical rent
AED 66K /yr
Typical yield
8.9%
Bay Square 8, Business Bay: prices, sales and rents →

Other units on the 9th floor

All 17 units in Bay Square 8
Value
9011-bedAED 1.73M · Sep 2026
9021-bedAED 1.7M · Sep 2026
9031-bedAED 1.73M · Sep 2026
904StudioAED 871K · Feb 2023
9051-bedAED 1.41M · Sep 2026
906StudioAED 954K · Dec 2022
907StudioAED 898K · Jan 2023
1–7 of 8

909, Bay Square 8 in numbers

  • Sold twice: first on 30 December 2014 for AED 756,865, last on 22 June 2023 for AED 860,000 (AED 1,243 per sqft).
  • Rented since October 2016 on 4 Ejari contracts, from AED 80,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2023 price is 6.2%.

Source: Dubai Land Department. Updated 22 June 2023.

Questions about 909, Bay Square 8

What did unit 909 last sell for?

AED 860,000 on 22 June 2023: AED 1,243 per sqft for 691 sqft. The unit has 2 registered sales; the first was AED 756,865 in December 2014.

What is the rent for unit 909?

AED 53,000 a year on the contract signed on 18 April 2022. The previous contract, from August 2018, was AED 64,998; the unit has been rented since October 2016.

How big is unit 909?

691 sqft (64.2 sqm): a studio on the 9th floor of a 10-storey tower completed in 2014.

What is unit 909 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 909, Bay Square 8

Starts from the last sale price (AED 860K, 22 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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