Studio · 705 sqftBay Square 9, Business Bay · 1st floor · completed 2014

117, Bay Square 9

Sold prices and rental history: sold 3 times, last in March 2025, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 117 · DLD and Ejari recordsUpdated 28 March 2025
Last soldAED 1.14M28 March 2025
Current rentAED 43K /yr5 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 117, Bay Square 9

What is 117 worth today?

Last sold for AED 1,138,000 in 2025

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28 Mar 2025SoldReady
AED 1,138,000AED 1,614 per sqft
5 Jun 2023SoldReady
AED 855,000AED 1,212 per sqft
5 May 2021RentedNew contract
AED 43,000/yr12 months · AED 61 per sqft
1 Feb 2016RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
14 Jan 2015Sold by developerReady
AED 867,148AED 1,229 per sqft

Source: Dubai Land Department. Updated 28 March 2025.

Key facts

Type
Studio apartment
Size
705 sqft
Floor
1st of 8
Parking
B4-675
Developer
Business Bay
Completed
2014
Service charge
AED 15,500 /yr
Last sold
AED 1.14M · March 2025
Building
Bay Square 9

About 117, Bay Square 9

117 is a studio of 705 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 28 March 2025 for AED 1,138,000, or AED 1,614 per sqft, 21% above the AED 1,335 studios in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 5 May 2021, is AED 43,000 a year: a gross yield of 3.8% on the 2025 price, before the service charge of about AED 15,500 a year.

Sales and rents for 117 over time

Sales
Unit 117, 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 867,148 (AED 1,229 per sqft)Sold, June 2023: AED 855,000 (AED 1,212 per sqft)Sold, March 2025: AED 1,138,000 (AED 1,614 per sqft)

117 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 117, 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 75,000 a yearNew contract, May 2021: AED 43,000 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 9, and where 117 sits

All 112 studios →

117 last sold in March 2025 at AED 1,614 per sqft, 21% above what studios in Bay Square 9 were fetching at the time (AED 1,335). 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. 117's AED 43,000 is at the bottom 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
106StudioAED 800K · May 2024
107StudioAED 830K · Jun 2023
1–7 of 18

117, Bay Square 9 in numbers

  • Sold 3 times: first on 14 January 2015 for AED 867,148, last on 28 March 2025 for AED 1,138,000 (AED 1,614 per sqft).
  • Rented since February 2016 on 2 Ejari contracts, from AED 75,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2025 price is 3.8%, before a service charge of about AED 15,500 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 28 March 2025.

Questions about 117, Bay Square 9

What did unit 117 last sell for?

AED 1,138,000 on 28 March 2025: AED 1,614 per sqft for 705 sqft. The unit has 3 registered sales; the first was AED 867,148 in January 2015.

What is the rent for unit 117?

AED 43,000 a year on the contract signed on 5 May 2021. The previous contract, from February 2016, was AED 75,000.

How big is unit 117?

705 sqft (65.5 sqm): a studio on the 1st floor of a 8-storey tower completed in 2014.

What is unit 117 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 117, Bay Square 9

Starts from the last sale price (AED 1.14M, 28 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,138,000
Deposit, UAE resident (20%)
AED 227,600
Deposit, non-resident (40%)
AED 455,200
Monthly over 25 years at 3.7%
AED 4,656

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