Studio · 705 sqftBay Square 9, Business Bay · 3rd floor · completed 2014

318, Bay Square 9

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 318 · DLD and Ejari recordsUpdated 6 November 2025
Last soldAED 860K24 November 2023
Current rentAED 80K /yr6 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 318, Bay Square 9

What is 318 worth today?

Last sold for AED 860,000 in 2023

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6 Nov 2025RentedNew contract
AED 80,000/yr12 months · AED 114 per sqft
31 Aug 2024RentedNew contract
AED 95,000/yr12 months · AED 136 per sqft
24 Nov 2023SoldReady
AED 860,000AED 1,220 per sqft
14 Mar 2022RentedRenewal
AED 47,300/yr12 months · AED 67 per sqft
14 Mar 2021RentedNew contract
AED 43,000/yr12 months · AED 61 per sqft
1 Mar 2019RentedNew contract
AED 70,000/yr12 months · AED 99 per sqft
1 Mar 2018RentedNew contract
AED 80,000/yr12 months · AED 114 per sqft
1 Feb 2017RentedRenewal
AED 80,000/yr12 months · AED 114 per sqft

Source: Dubai Land Department. Updated 6 November 2025.

Key facts

Type
Studio apartment
Size
705 sqft
Floor
3rd of 8
Parking
B4-690
Developer
Business Bay
Completed
2014
Service charge
AED 15,500 /yr
Last sold
AED 860K · November 2023
Building
Bay Square 9

About 318, Bay Square 9

318 is a studio of 705 sqft on the 3rd floor of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 24 November 2023 for AED 860,000, or AED 1,220 per sqft, 4% below 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 6 November 2025, is AED 80,000 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 15,500 a year.

Sales and rents for 318 over time

Sales
Unit 318, 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 855,318 (AED 1,213 per sqft)Sold, November 2023: AED 860,000 (AED 1,220 per sqft)

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

Rents
Unit 318, each contractTypical studio in Bay Square 9
50K75K100K2016201920222025Typical 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 80,000 a yearRenewal, February 2017: AED 80,000 a yearNew contract, March 2018: AED 80,000 a yearNew contract, March 2019: AED 70,000 a yearNew contract, March 2021: AED 43,000 a yearRenewal, March 2022: AED 47,300 a yearNew contract, August 2024: AED 95,000 a yearNew contract, November 2025: AED 80,000 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 318 sits

All 112 studios →

318 last sold in November 2023 at AED 1,220 per sqft, 4% below 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. 318's AED 80,000 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 3rd floor

All 152 units in Bay Square 9
Value
301StudioAED 1.02M · Jan 2024
3021-bedAED 1.53M · Jan 2026
3031-bedAED 1.4M · Nov 2025
3041-bedAED 1.5M · Jan 2024
3051-bedAED 1.5M · Jan 2024
306StudioAED 843K · Apr 2024
307StudioAED 840K · Nov 2023
1–7 of 18

318, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 855,318, last on 24 November 2023 for AED 860,000 (AED 1,220 per sqft).
  • Rented since February 2016 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 43,000 in 2021 and recovered to AED 80,000 by November 2025.
  • At AED 80,000 a year the gross yield on the 2023 price is 9.3%, 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 6 November 2025.

Questions about 318, Bay Square 9

What did unit 318 last sell for?

AED 860,000 on 24 November 2023: AED 1,220 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 855,318 in January 2015.

What is the rent for unit 318?

AED 80,000 a year on the contract signed on 6 November 2025. The previous contract, from August 2024, was AED 95,000; the unit has been rented since February 2016.

How big is unit 318?

705 sqft (65.5 sqm): a studio on the 3rd floor of a 8-storey tower completed in 2014.

What is unit 318 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 318, Bay Square 9

Starts from the last sale price (AED 860K, 24 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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