Studio · 705 sqftBay Square 9, Business Bay · 2nd floor · completed 2014

217, Bay Square 9

Sold prices and rental history: sold 3 times, last in May 2025, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 19 May 2025
Last soldAED 1.13M19 May 2025
Current rentAED 75K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, Bay Square 9

What is 217 worth today?

Last sold for AED 1,125,000 in 2025

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19 May 2025SoldReady
AED 1,125,000AED 1,595 per sqft
26 Jun 2024SoldReady
AED 880,000AED 1,248 per sqft
1 Apr 2024RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
22 Feb 2023RentedRenewal
AED 48,400/yr12 months · AED 69 per sqft
22 Feb 2022RentedRenewal
AED 44,000/yr12 months · AED 62 per sqft
22 Feb 2021RentedNew contract
AED 42,000/yr12 months · AED 60 per sqft
2 May 2019RentedNew contract
AED 65,000/yr12 months · AED 92 per sqft
1 Mar 2018RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 19 May 2025.

Key facts

Type
Studio apartment
Size
705 sqft
Floor
2nd of 8
Parking
B4-719
Developer
Business Bay
Completed
2014
Service charge
AED 15,500 /yr
Last sold
AED 1.13M · May 2025
Building
Bay Square 9

About 217, Bay Square 9

217 is a studio of 705 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 19 May 2025 for AED 1,125,000, or AED 1,595 per sqft, 18% above the AED 1,350 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 6.7% on the 2025 price, before the service charge of about AED 15,500 a year.

Sales and rents for 217 over time

Sales
Unit 217, 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 867,148 (AED 1,229 per sqft)Sold, June 2024: AED 880,000 (AED 1,248 per sqft)Sold, May 2025: AED 1,125,000 (AED 1,595 per sqft)

217 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 217, 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, March 2018: AED 75,000 a yearNew contract, May 2019: AED 65,000 a yearNew contract, February 2021: AED 42,000 a yearRenewal, February 2022: AED 44,000 a yearRenewal, February 2023: AED 48,400 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 217 sits

All 112 studios →

217 last sold in May 2025 at AED 1,595 per sqft, 18% above what studios in Bay Square 9 were fetching at the time (AED 1,350). 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. 217'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

217, Bay Square 9 in numbers

  • Sold 3 times: first on 14 January 2015 for AED 867,148, last on 19 May 2025 for AED 1,125,000 (AED 1,595 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 2025 price is 6.7%, 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 19 May 2025.

Questions about 217, Bay Square 9

What did unit 217 last sell for?

AED 1,125,000 on 19 May 2025: AED 1,595 per sqft for 705 sqft. The unit has 3 registered sales; the first was AED 867,148 in January 2015.

What is the rent for unit 217?

AED 75,000 a year on the contract signed on 1 April 2024. The previous contract, from February 2023, was AED 48,400; the unit has been rented since February 2016.

How big is unit 217?

705 sqft (65.5 sqm): a studio on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 217 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 217, Bay Square 9

Starts from the last sale price (AED 1.13M, 19 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,125,000
Deposit, UAE resident (20%)
AED 225,000
Deposit, non-resident (40%)
AED 450,000
Monthly over 25 years at 3.7%
AED 4,603

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