118, Bay Square 9
Sold prices and rental history: sold twice, last in November 2023, 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 118, Bay Square 9
What is 118 worth today?
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Source: Dubai Land Department. Updated 9 November 2023.
Key facts
- Type
- Studio apartment
- Size
- 705 sqft
- Floor
- 1st of 8
- Parking
- B4-676
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 15,500 /yr
- Last sold
- AED 875K · November 2023
- Building
- Bay Square 9
About 118, Bay Square 9
118 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 9 November 2023 for AED 875,000, or AED 1,241 per sqft, in line with the AED 1,274 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 10 June 2022, is AED 47,250 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 15,500 a year.
Sales and rents for 118 over time
118 has sold twice; 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 118 sits
All 112 studios →118 last sold in November 2023 at AED 1,241 per sqft, in line with what studios in Bay Square 9 were fetching at the time (AED 1,274). 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. 118's AED 47,250 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 | |
| 116 | Studio | 664 sqft | AED 850KAED 850,000 · Aug 2024August 2024 | 47,933 /yr | |
| 117 | Studio | 705 sqft | AED 1.14MAED 1,138,000 · Mar 2025March 2025 | 43,000 /yr | |
| 119 | Studio | 707 sqft | AED 893KAED 892,500 · Mar 2024March 2024 | 42,000 /yr |
118, Bay Square 9 in numbers
- Sold twice: first on 14 January 2015 for AED 855,318, last on 9 November 2023 for AED 875,000 (AED 1,241 per sqft).
- Rented since February 2016 on 7 Ejari contracts, from AED 75,000 to AED 47,250 a year.
- At AED 47,250 a year the gross yield on the 2023 price is 5.4%, 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 9 November 2023.
Questions about 118, Bay Square 9
What did unit 118 last sell for?
AED 875,000 on 9 November 2023: AED 1,241 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 855,318 in January 2015.
What is the rent for unit 118?
AED 47,250 a year on the contract renewed on 10 June 2022. The previous contract, from June 2021, was AED 45,000; the unit has been rented since February 2016.
How big is unit 118?
705 sqft (65.5 sqm): a studio on the 1st floor of a 8-storey tower completed in 2014.
What is unit 118 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 118, Bay Square 9
Starts from the last sale price (AED 875K, 9 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 875,000
- Deposit, UAE resident (20%)
- AED 175,000
- Deposit, non-resident (40%)
- AED 350,000
- Monthly over 25 years at 3.7%
- AED 3,580
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →