Studio · 851 sqftBay Square 9, Business Bay · 4th floor · completed 2014

401, Bay Square 9

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

Unit 401 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 945K6 March 2024
Current rentAED 95K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Bay Square 9

What is 401 worth today?

Last sold for AED 945,000 in 2024

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1 May 2026RentedRenewal
AED 95,000/yr12 months · AED 112 per sqft
1 May 2025RentedRenewal
AED 95,000/yr12 months · AED 112 per sqft
1 May 2025RentedRenewal
AED 95,000/yr12 months · AED 112 per sqft
1 May 2024RentedNew contract
AED 95,000/yr12 months · AED 112 per sqft
6 Mar 2024SoldReady
AED 945,000AED 1,110 per sqft
10 Apr 2023RentedRenewal
AED 51,975/yr12 months · AED 61 per sqft
10 Apr 2022RentedRenewal
AED 49,500/yr12 months · AED 58 per sqft
10 Apr 2021RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
851 sqft
Floor
4th of 8
Parking
B4-692
Developer
Business Bay
Completed
2014
Service charge
AED 18,700 /yr
Last sold
AED 945K · March 2024
Building
Bay Square 9

About 401, Bay Square 9

401 is a studio of 851 sqft on the 4th floor of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 6 March 2024 for AED 945,000, or AED 1,110 per sqft, 13% below the AED 1,274 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 11 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 95,000 a year: a gross yield of 10.1% on the 2024 price, before the service charge of about AED 18,700 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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 1,044,600 (AED 1,227 per sqft)Sold, March 2024: AED 945,000 (AED 1,110 per sqft)

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

Rents
Unit 401, 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, April 2016: AED 80,000 a yearNew contract, May 2017: AED 80,000 a yearNew contract, December 2018: AED 65,000 a yearNew contract, February 2020: AED 56,000 a yearNew contract, April 2021: AED 45,000 a yearRenewal, April 2022: AED 49,500 a yearRenewal, April 2023: AED 51,975 a yearNew contract, May 2024: AED 95,000 a yearRenewal, May 2025: AED 95,000 a yearRenewal, May 2025: AED 95,000 a yearRenewal, May 2026: AED 95,000 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 401 sits

All 112 studios →

401 last sold in March 2024 at AED 1,110 per sqft, 13% 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. 401's AED 95,000 is in the upper 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 4th floor

All 152 units in Bay Square 9
Value
4021-bedAED 1.42M · Aug 2024
4031-bedAED 1.46M · Jun 2024
4041-bedAED 1.53M · Mar 2025
4051-bedAED 1.53M · Mar 2025
406StudioAED 935K · Oct 2023
407StudioAED 843K · Jan 2024
4081-bedAED 1.55M · Dec 2023
1–7 of 18

401, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 1,044,600, last on 6 March 2024 for AED 945,000 (AED 1,110 per sqft).
  • Rented since April 2016 on 11 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2021 and recovered to AED 95,000 by May 2026.
  • At AED 95,000 a year the gross yield on the 2024 price is 10.1%, before a service charge of about AED 18,700 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 May 2026.

Questions about 401, Bay Square 9

What did unit 401 last sell for?

AED 945,000 on 6 March 2024: AED 1,110 per sqft for 851 sqft. The unit has 2 registered sales; the first was AED 1,044,600 in January 2015.

What is the rent for unit 401?

AED 95,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 95,000; the unit has been rented since April 2016.

How big is unit 401?

851 sqft (79.1 sqm): a studio on the 4th floor of a 8-storey tower completed in 2014.

What is unit 401 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 401, Bay Square 9

Starts from the last sale price (AED 945K, 6 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 945,000
Deposit, UAE resident (20%)
AED 189,000
Deposit, non-resident (40%)
AED 378,000
Monthly over 25 years at 3.7%
AED 3,866

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