Studio · 664 sqftBay Square 9, Business Bay · 2nd floor · completed 2014

216, Bay Square 9

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

Unit 216 · DLD and Ejari recordsUpdated 18 August 2026
Last soldAED 918K22 January 2024
Current rentAED 60K /yr18 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, Bay Square 9

What is 216 worth today?

Last sold for AED 918,383 in 2024

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18 Aug 2026RentedRenewal
AED 60,000/yr12 months · AED 90 per sqft
18 Aug 2025RentedNew contract
AED 68,250/yr12 months · AED 103 per sqft
17 Aug 2024RentedNew contract
AED 64,826/yr12 months · AED 98 per sqft
22 Jan 2024SoldReady
AED 918,383AED 1,383 per sqft
24 Feb 2022RentedNew contract
AED 50,000/yr12 months · AED 75 per sqft
10 Feb 2017RentedRenewal
AED 75,000/yr12 months · AED 113 per sqft
10 Feb 2016RentedNew contract
AED 75,000/yr12 months · AED 113 per sqft
14 Jan 2015Sold by developerReady
AED 803,266AED 1,210 per sqft

Source: Dubai Land Department. Updated 18 August 2026.

Key facts

Type
Studio apartment
Size
664 sqft
Floor
2nd of 8
Parking
B4-718
Developer
Business Bay
Completed
2014
Service charge
AED 14,600 /yr
Last sold
AED 918K · January 2024
Building
Bay Square 9

About 216, Bay Square 9

216 is a studio of 664 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 22 January 2024 for AED 918,383, or AED 1,383 per sqft, 9% above the AED 1,274 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 18 August 2026, is AED 60,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 14,600 a year.

Sales and rents for 216 over time

Sales
Unit 216, 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 803,266 (AED 1,210 per sqft)Sold, January 2024: AED 918,383 (AED 1,383 per sqft)

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

Rents
Unit 216, 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, February 2022: AED 50,000 a yearNew contract, August 2024: AED 64,826 a yearNew contract, August 2025: AED 68,250 a yearRenewal, August 2026: AED 60,000 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 216 sits

All 112 studios →

216 last sold in January 2024 at AED 1,383 per sqft, 9% 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. 216's AED 60,000 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

216, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 803,266, last on 22 January 2024 for AED 918,383 (AED 1,383 per sqft).
  • Rented since February 2016 on 6 Ejari contracts. The rent fell from AED 75,000 to AED 50,000 in 2022 and recovered to AED 60,000 by August 2026.
  • At AED 60,000 a year the gross yield on the 2024 price is 6.5%, 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 18 August 2026.

Questions about 216, Bay Square 9

What did unit 216 last sell for?

AED 918,383 on 22 January 2024: AED 1,383 per sqft for 664 sqft. The unit has 2 registered sales; the first was AED 803,266 in January 2015.

What is the rent for unit 216?

AED 60,000 a year on the contract renewed on 18 August 2026. The previous contract, from August 2025, was AED 68,250; the unit has been rented since February 2016.

How big is unit 216?

664 sqft (61.7 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 216 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 216, Bay Square 9

Starts from the last sale price (AED 918K, 22 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 918,383
Deposit, UAE resident (20%)
AED 183,677
Deposit, non-resident (40%)
AED 367,353
Monthly over 25 years at 3.7%
AED 3,757

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