1-bed · 1,140 sqftBay Square 9, Business Bay · 2nd floor · completed 2014

204, Bay Square 9

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 1.39M27 May 2024
Current rentAED 120K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Bay Square 9

What is 204 worth today?

Last sold for AED 1,390,000 in 2024

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1 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
1 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 105 per sqft
27 May 2024SoldReady
AED 1,390,000AED 1,219 per sqft
21 Jan 2023RentedNew contract
AED 69,300/yr12 months · AED 61 per sqft
21 Jan 2022RentedRenewal
AED 66,000/yr12 months · AED 58 per sqft
21 Jan 2021RentedRenewal
AED 63,000/yr12 months · AED 55 per sqft
21 Jan 2020RentedNew contract
AED 80,000/yr12 months · AED 70 per sqft
1 Feb 2018RentedNew contract
AED 110,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
1-bed apartment
Size
1,140 sqft
Floor
2nd of 8
Parking
B4-681
Developer
Business Bay
Completed
2014
Service charge
AED 25,100 /yr
Last sold
AED 1.39M · May 2024
Building
Bay Square 9

About 204, Bay Square 9

204 is a one-bedroom apartment of 1,140 sqft on the 2nd floor of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 27 May 2024 for AED 1,390,000, or AED 1,219 per sqft, 4% below the AED 1,269 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 1 March 2025, is AED 120,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 25,100 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in Bay Square 9
1.4M1.6M20152018202120242027Typical sale price by year: 2015 AED 1,373,478; 2023 AED 1,550,000; 2024 AED 1,512,881; 2025 AED 1,630,000; 2026 AED 1,700,000Sold by developer, January 2015: AED 1,369,929 (AED 1,201 per sqft)Sold, May 2024: AED 1,390,000 (AED 1,219 per sqft)

204 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 204, each contractTypical one-bed in Bay Square 9
100K2016201920222025Typical rent by year: 2016 AED 110,000; 2017 AED 110,000; 2018 AED 105,000; 2019 AED 100,000; 2020 AED 80,000; 2021 AED 66,000; 2022 AED 69,300; 2023 AED 69,603; 2024 AED 116,500; 2025 AED 120,000; 2026 AED 111,902New contract, February 2017: AED 110,000 a yearNew contract, February 2018: AED 110,000 a yearNew contract, January 2020: AED 80,000 a yearRenewal, January 2021: AED 63,000 a yearRenewal, January 2022: AED 66,000 a yearNew contract, January 2023: AED 69,300 a yearNew contract, March 2025: AED 120,000 a yearNew contract, March 2025: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Bay Square 9, and where 204 sits

All 59 1-beds →

204 last sold in May 2024 at AED 1,219 per sqft, 4% below what one-beds in Bay Square 9 were fetching at the time (AED 1,269). Over the last 12 months one-beds sold for AED 1,235,000 to 2,000,000, around AED 1,430 per sqft, and rent for AED 90,000 to 220,000 a year. 204's AED 120,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,235,000
21 Sep 20261,392,472
21 Sep 20261,391,947
21 Sep 20261,479,503
15 1-bed 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 2nd floor

All 152 units in Bay Square 9
Value
201StudioAED 1.02M · Jan 2024
2021-bedAED 1.8M · Mar 2026
2031-bedAED 2M · Oct 2025
2051-bedAED 1.43M · Nov 2023
206StudioAED 845K · Nov 2023
207StudioAED 1.1M · Apr 2025
2081-bedAED 1.67M · Jan 2024
1–7 of 18

204, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 1,369,929, last on 27 May 2024 for AED 1,390,000 (AED 1,219 per sqft).
  • Rented since February 2017 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 63,000 in 2021 and recovered to AED 120,000 by March 2025.
  • At AED 120,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 25,100 a year (AED 22.00 per sqft).
  • One-beds in Bay Square 9 sold for AED 1,235,000–2,000,000 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 1 March 2025.

Questions about 204, Bay Square 9

What did unit 204 last sell for?

AED 1,390,000 on 27 May 2024: AED 1,219 per sqft for 1,140 sqft. The unit has 2 registered sales; the first was AED 1,369,929 in January 2015.

What is the rent for unit 204?

AED 120,000 a year on the contract signed on 1 March 2025. The previous contract, from March 2025, was AED 120,000; the unit has been rented since February 2017.

How big is unit 204?

1,140 sqft (105.9 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bay Square 9 sold for AED 1,235,000 to 2,000,000 in the last 12 months, around AED 1,430 per sqft.

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Mortgage on 204, Bay Square 9

Starts from the last sale price (AED 1.39M, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,390,000
Deposit, UAE resident (20%)
AED 278,000
Deposit, non-resident (40%)
AED 556,000
Monthly over 25 years at 3.7%
AED 5,687

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