116, Bay Square 9
Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Bay Square 9
What is 116 worth today?
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Source: Dubai Land Department. Updated 7 August 2024.
Key facts
- Type
- Studio apartment
- Size
- 664 sqft
- Floor
- 1st of 8
- Parking
- B4-674
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 14,600 /yr
- Last sold
- AED 850K · August 2024
- Building
- Bay Square 9
About 116, Bay Square 9
116 is a studio of 664 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 7 August 2024 for AED 850,000, or AED 1,280 per sqft, in line with the AED 1,278 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 15 May 2023, is AED 47,933 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 14,600 a year.
Sales and rents for 116 over time
116 has sold 3 times; the dashed line is the studio median of each year in the building.
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 116 sits
All 112 studios →116 last sold in August 2024 at AED 1,280 per sqft, in line with what studios in Bay Square 9 were fetching at the time (AED 1,278). 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. 116's AED 47,933 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 667 sqft | 935,000 | 1,402 | ||
| 31 Aug 202631 August 2026 | 705 sqft | 1,065,000 | 1,511 | ||
| 25 Jun 202625 June 2026 | 705 sqft | 1,035,000 | 1,468 | ||
| 26 Feb 202626 February 2026 | 664 sqft | 1,030,000 | 1,552 |
Bay Square 9
Building152 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%
Other units on the 1st floor
All 152 units in Bay Square 9| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | Studio | 851 sqft | AED 1.22MAED 1,220,000 · May 2025May 2025 | 52,812 /yr | |
| 102 | 1-bed | 1,140 sqft | AED 1.49MAED 1,487,019 · Jan 2024January 2024 | 100,000 /yr | |
| 103 | 1-bed | 1,140 sqft | AED 1.52MAED 1,517,367 · Mar 2025March 2025 | 68,250 /yr | |
| 104 | 1-bed | 1,140 sqft | AED 1.49MAED 1,487,020 · Jan 2024January 2024 | 130,000 /yr | |
| 105 | 1-bed | 1,139 sqft | AED 2MAED 2,000,000 · Jan 2026January 2026 | 100,000 /yr | |
| 106 | Studio | 659 sqft | AED 800KAED 800,000 · May 2024May 2024 | 80,223 /yr | |
| 107 | Studio | 655 sqft | AED 830KAED 830,000 · Jun 2023June 2023 | 60,000 /yr | |
| 108 | 1-bed | 1,329 sqft | AED 1.67MAED 1,667,110 · Mar 2024March 2024 | 120,000 /yr | |
| 109 | 1-bed | 1,135 sqft | AED 1.75MAED 1,750,000 · Jun 2025June 2025 | 72,450 /yr | |
| 110 | Studio | 664 sqft | AED 855KAED 855,000 · Aug 2024August 2024 | 85,000 /yr | |
| 111 | Studio | 659 sqft | AED 887KAED 887,250 · Jan 2024January 2024 | 70,000 /yr | |
| 112 | Studio | 664 sqft | AED 1.05MAED 1,050,000 · Nov 2024November 2024 | 95,000 /yr | |
| 113 | 1-bed | 1,296 sqft | AED 1.69MAED 1,691,209 · Jan 2024January 2024 | 115,000 /yr | |
| 114 | Studio | 667 sqft | AED 1.07MAED 1,065,000 · Apr 2025April 2025 | 80,000 /yr | |
| 115 | Studio | 659 sqft | AED 880KAED 880,000 · Jun 2024June 2024 | 52,000 /yr | |
| 117 | Studio | 705 sqft | AED 1.14MAED 1,138,000 · Mar 2025March 2025 | 43,000 /yr | |
| 118 | Studio | 705 sqft | AED 875KAED 875,000 · Nov 2023November 2023 | 47,250 /yr | |
| 119 | Studio | 707 sqft | AED 893KAED 892,500 · Mar 2024March 2024 | 42,000 /yr |
116, Bay Square 9 in numbers
- Sold 3 times: first on 14 January 2015 for AED 803,266, last on 7 August 2024 for AED 850,000 (AED 1,280 per sqft).
- Rented since February 2016 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 41,500 in 2021 and recovered to AED 47,933 by May 2023.
- At AED 47,933 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 14,600 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 7 August 2024.
Questions about 116, Bay Square 9
What did unit 116 last sell for?
AED 850,000 on 7 August 2024: AED 1,280 per sqft for 664 sqft. The unit has 3 registered sales; the first was AED 803,266 in January 2015.
What is the rent for unit 116?
AED 47,933 a year on the contract renewed on 15 May 2023. The previous contract, from May 2022, was AED 45,650; the unit has been rented since February 2016.
How big is unit 116?
664 sqft (61.7 sqm): a studio on the 1st floor of a 8-storey tower completed in 2014.
What is unit 116 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 116, Bay Square 9
Starts from the last sale price (AED 850K, 7 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →