Studio · 662 sqftBay Square 9, Business Bay · 2nd floor · completed 2014

212, Bay Square 9

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

Unit 212 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 889K6 February 2024
Current rentAED 75K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Bay Square 9

What is 212 worth today?

Last sold for AED 888,507 in 2024

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1 Apr 2024RentedNew contract
AED 75,000/yr12 months · AED 113 per sqft
6 Feb 2024SoldReady
AED 888,507AED 1,342 per sqft
1 Jan 2023RentedNew contract
AED 47,300/yr12 months · AED 71 per sqft
1 Jan 2022RentedNew contract
AED 43,000/yr12 months · AED 65 per sqft
12 Oct 2021RentedNew contract
AED 42,000/yr12 months · AED 63 per sqft
24 Feb 2020RentedNew contract
AED 57,000/yr12 months · AED 86 per sqft
25 Dec 2018RentedNew contract
AED 63,000/yr12 months · AED 95 per sqft
29 Sep 2017RentedNew contract
AED 70,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
Studio apartment
Size
662 sqft
Floor
2nd of 8
Parking
B4-689
Developer
Business Bay
Completed
2014
Service charge
AED 14,600 /yr
Last sold
AED 889K · February 2024
Building
Bay Square 9

About 212, Bay Square 9

212 is a studio of 662 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 6 February 2024 for AED 888,507, or AED 1,342 per sqft, 5% above the AED 1,274 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, signed on 1 April 2024, is AED 75,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 14,600 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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 791,436 (AED 1,196 per sqft)Sold, February 2024: AED 888,507 (AED 1,342 per sqft)

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

Rents
Unit 212, 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, September 2017: AED 70,000 a yearNew contract, December 2018: AED 63,000 a yearNew contract, February 2020: AED 57,000 a yearNew contract, October 2021: AED 42,000 a yearNew contract, January 2022: AED 43,000 a yearNew contract, January 2023: AED 47,300 a yearNew contract, April 2024: AED 75,000 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 212 sits

All 112 studios →

212 last sold in February 2024 at AED 1,342 per sqft, 5% above 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. 212's AED 75,000 is in the lower half 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 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
2041-bedAED 1.39M · May 2024
2051-bedAED 1.43M · Nov 2023
206StudioAED 845K · Nov 2023
207StudioAED 1.1M · Apr 2025
1–7 of 18

212, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 791,436, last on 6 February 2024 for AED 888,507 (AED 1,342 per sqft).
  • Rented since February 2016 on 8 Ejari contracts. The rent fell from AED 75,000 to AED 42,000 in 2021 and recovered to AED 75,000 by April 2024.
  • At AED 75,000 a year the gross yield on the 2024 price is 8.4%, 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 1 April 2024.

Questions about 212, Bay Square 9

What did unit 212 last sell for?

AED 888,507 on 6 February 2024: AED 1,342 per sqft for 662 sqft. The unit has 2 registered sales; the first was AED 791,436 in January 2015.

What is the rent for unit 212?

AED 75,000 a year on the contract signed on 1 April 2024. The previous contract, from January 2023, was AED 47,300; the unit has been rented since February 2016.

How big is unit 212?

662 sqft (61.5 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 212 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 212, Bay Square 9

Starts from the last sale price (AED 889K, 6 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 888,507
Deposit, UAE resident (20%)
AED 177,701
Deposit, non-resident (40%)
AED 355,403
Monthly over 25 years at 3.7%
AED 3,635

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