Studio · 659 sqftBay Square 9, Business Bay · 1st floor · completed 2014

106, Bay Square 9

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 24 December 2025
Last soldAED 800K15 May 2024
Current rentAED 80K /yr24 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Bay Square 9

What is 106 worth today?

Last sold for AED 800,000 in 2024

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24 Dec 2025RentedRenewal
AED 80,223/yr12 months · AED 122 per sqft
24 Dec 2024RentedNew contract
AED 80,000/yr12 months · AED 122 per sqft
15 May 2024SoldReady
AED 800,000AED 1,213 per sqft
2 Apr 2023RentedNew contract
AED 49,613/yr12 months · AED 75 per sqft
2 Apr 2021RentedRenewal
AED 45,000/yr12 months · AED 68 per sqft
2 Apr 2020RentedRenewal
AED 50,000/yr12 months · AED 76 per sqft
2 Apr 2019RentedNew contract
AED 70,000/yr12 months · AED 106 per sqft
1 Feb 2018RentedNew contract
AED 70,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 24 December 2025.

Key facts

Type
Studio apartment
Size
659 sqft
Floor
1st of 8
Parking
B4-648
Developer
Business Bay
Completed
2014
Service charge
AED 14,500 /yr
Last sold
AED 800K · May 2024
Building
Bay Square 9

About 106, Bay Square 9

106 is a studio of 659 sqft on the 1st floor of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 15 May 2024 for AED 800,000, or AED 1,213 per sqft, 5% below the AED 1,277 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 24 December 2025, is AED 80,223 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 14,500 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical studio in Bay Square 9
800K1M20152018202120242027Typical sale price by year: 2015 AED 803,266; 2023 AED 859,730; 2024 AED 892,500; 2025 AED 1,060,000; 2026 AED 1,032,500Sold by developer, January 2015: AED 793,802 (AED 1,204 per sqft)Sold, May 2024: AED 800,000 (AED 1,213 per sqft)

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

Rents
Unit 106, each contractTypical studio in Bay Square 9
40K60K80K2016201920222025Typical rent by year: 2016 AED 75,000; 2017 AED 75,000; 2018 AED 72,000; 2019 AED 65,000; 2020 AED 53,500; 2021 AED 43,000; 2022 AED 48,000; 2023 AED 50,751; 2024 AED 83,000; 2025 AED 83,000; 2026 AED 77,000New contract, February 2016: AED 70,000 a yearNew contract, February 2018: AED 70,000 a yearNew contract, April 2019: AED 70,000 a yearRenewal, April 2020: AED 50,000 a yearRenewal, April 2021: AED 45,000 a yearNew contract, April 2023: AED 49,613 a yearNew contract, December 2024: AED 80,000 a yearRenewal, December 2025: AED 80,223 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 9, and where 106 sits

All 112 studios →

106 last sold in May 2024 at AED 1,213 per sqft, 5% below what studios in Bay Square 9 were fetching at the time (AED 1,277). Over the last 12 months studios sold for AED 935,000 to 1,065,000, around AED 1,511 per sqft, and rent for AED 45,000 to 118,588 a year. 106's AED 80,223 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 2026935,000
31 Aug 20261,065,000
25 Jun 20261,035,000
26 Feb 20261,030,000
5 studio sales in the last 12 months

Bay Square 9

Building

152 apartments, studios to 1-bed over 8 floors in Business Bay, completed in 2014 by Business Bay. 20 sold in the last 12 months.

Typical price per sqft
AED 1,430 Down 5.5%
Typical sale
AED 1.5M
Typical rent
AED 85K /yr
Typical yield
7.9%
Bay Square 9, Business Bay: prices, sales and rents →

Other units on the 1st floor

All 152 units in Bay Square 9
Value
101StudioAED 1.22M · May 2025
1021-bedAED 1.49M · Jan 2024
1031-bedAED 1.52M · Mar 2025
1041-bedAED 1.49M · Jan 2024
1051-bedAED 2M · Jan 2026
107StudioAED 830K · Jun 2023
1081-bedAED 1.67M · Mar 2024
1–7 of 18

106, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 793,802, last on 15 May 2024 for AED 800,000 (AED 1,213 per sqft).
  • Rented since February 2016 on 8 Ejari contracts. The rent fell from AED 70,000 to AED 45,000 in 2021 and recovered to AED 80,223 by December 2025.
  • At AED 80,223 a year the gross yield on the 2024 price is 10.0%, before a service charge of about AED 14,500 a year (AED 22.00 per sqft).
  • Studios in Bay Square 9 sold for AED 935,000–1,065,000 in the 12 months to November 2026; the building's median across all types is AED 1,430 per sqft.

Source: Dubai Land Department. Updated 24 December 2025.

Questions about 106, Bay Square 9

What did unit 106 last sell for?

AED 800,000 on 15 May 2024: AED 1,213 per sqft for 659 sqft. The unit has 2 registered sales; the first was AED 793,802 in January 2015.

What is the rent for unit 106?

AED 80,223 a year on the contract renewed on 24 December 2025. The previous contract, from December 2024, was AED 80,000; the unit has been rented since February 2016.

How big is unit 106?

659 sqft (61.2 sqm): a studio on the 1st floor of a 8-storey tower completed in 2014.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Bay Square 9 sold for AED 935,000 to 1,065,000 in the last 12 months, around AED 1,511 per sqft.

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Mortgage on 106, Bay Square 9

Starts from the last sale price (AED 800K, 15 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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