Studio · 707 sqftBay Square 9, Business Bay · 1st floor · completed 2014

119, Bay Square 9

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

Unit 119 · DLD and Ejari recordsUpdated 14 March 2024
Last soldAED 893K14 March 2024
Current rentAED 42K /yr20 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 119, Bay Square 9

What is 119 worth today?

Last sold for AED 892,500 in 2024

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14 Mar 2024SoldReady
AED 892,500AED 1,262 per sqft
20 Sep 2021RentedNew contract
AED 42,000/yr12 months · AED 59 per sqft
10 Jan 2020RentedNew contract
AED 57,000/yr12 months · AED 81 per sqft
1 Feb 2017RentedRenewal
AED 75,000/yr12 months · AED 106 per sqft
1 Feb 2016RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
14 Jan 2015Sold by developerReady
AED 858,867AED 1,215 per sqft

Source: Dubai Land Department. Updated 14 March 2024.

Key facts

Type
Studio apartment
Size
707 sqft
Floor
1st of 8
Parking
B4-677
Developer
Business Bay
Completed
2014
Service charge
AED 15,500 /yr
Last sold
AED 893K · March 2024
Building
Bay Square 9

About 119, Bay Square 9

119 is a studio of 707 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 14 March 2024 for AED 892,500, or AED 1,262 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 4 Ejari contracts. The current contract, signed on 20 September 2021, is AED 42,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 15,500 a year.

Sales and rents for 119 over time

Sales
Unit 119, 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 858,867 (AED 1,215 per sqft)Sold, March 2024: AED 892,500 (AED 1,262 per sqft)

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

Rents
Unit 119, 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 yearRenewal, February 2017: AED 75,000 a yearNew contract, January 2020: AED 57,000 a yearNew contract, September 2021: AED 42,000 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 119 sits

All 112 studios →

119 last sold in March 2024 at AED 1,262 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. 119's AED 42,000 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

119, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 858,867, last on 14 March 2024 for AED 892,500 (AED 1,262 per sqft).
  • Rented since February 2016 on 4 Ejari contracts, from AED 75,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2024 price is 4.7%, 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 14 March 2024.

Questions about 119, Bay Square 9

What did unit 119 last sell for?

AED 892,500 on 14 March 2024: AED 1,262 per sqft for 707 sqft. The unit has 2 registered sales; the first was AED 858,867 in January 2015.

What is the rent for unit 119?

AED 42,000 a year on the contract signed on 20 September 2021. The previous contract, from January 2020, was AED 57,000; the unit has been rented since February 2016.

How big is unit 119?

707 sqft (65.7 sqm): a studio on the 1st floor of a 8-storey tower completed in 2014.

What is unit 119 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 119, Bay Square 9

Starts from the last sale price (AED 893K, 14 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 892,500
Deposit, UAE resident (20%)
AED 178,500
Deposit, non-resident (40%)
AED 357,000
Monthly over 25 years at 3.7%
AED 3,651

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