1-bed · 1,140 sqftBay Square 9, Business Bay · 4th floor · completed 2014

403, Bay Square 9

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

Unit 403 · DLD and Ejari recordsUpdated 28 June 2024
Last soldAED 1.46M28 June 2024
Current rentAED 68K /yr28 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Bay Square 9

What is 403 worth today?

Last sold for AED 1,457,677 in 2024

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28 Jun 2024SoldReady
AED 1,457,677AED 1,278 per sqft
28 Dec 2023RentedNew contract
AED 68,410/yr4 months · AED 60 per sqft
28 Dec 2022RentedNew contract
AED 68,250/yr12 months · AED 60 per sqft
28 Dec 2021RentedRenewal
AED 65,000/yr12 months · AED 57 per sqft
28 Dec 2020RentedNew contract
AED 62,000/yr12 months · AED 54 per sqft
20 Sep 2018RentedRenewal
AED 105,000/yr12 months · AED 92 per sqft
20 Sep 2017RentedNew contract
AED 105,000/yr12 months · AED 92 per sqft
15 Jun 2016RentedNew contract
AED 110,000/yr12 months · AED 97 per sqft

Source: Dubai Land Department. Updated 28 June 2024.

Key facts

Type
1-bed apartment
Size
1,140 sqft
Floor
4th of 8
Parking
B4-694
Developer
Business Bay
Completed
2014
Service charge
AED 25,100 /yr
Last sold
AED 1.46M · June 2024
Building
Bay Square 9

About 403, Bay Square 9

403 is a one-bedroom apartment of 1,140 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 28 June 2024 for AED 1,457,677, or AED 1,278 per sqft, in line with the AED 1,276 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, signed on 28 December 2023, is AED 68,410 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 25,100 a year.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in Bay Square 9
1.4M1.6M20152018202120242027Typical sale price by year: 2015 AED 1,373,478; 2023 AED 1,550,000; 2024 AED 1,512,881; 2025 AED 1,630,000; 2026 AED 1,700,000Sold by developer, January 2015: AED 1,369,929 (AED 1,201 per sqft)Sold, June 2024: AED 1,457,677 (AED 1,278 per sqft)

403 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 403, each contractTypical one-bed in Bay Square 9
100K2016201920222025Typical rent by year: 2016 AED 110,000; 2017 AED 110,000; 2018 AED 105,000; 2019 AED 100,000; 2020 AED 80,000; 2021 AED 66,000; 2022 AED 69,300; 2023 AED 69,603; 2024 AED 116,500; 2025 AED 120,000; 2026 AED 111,902New contract, June 2016: AED 110,000 a yearNew contract, September 2017: AED 105,000 a yearRenewal, September 2018: AED 105,000 a yearNew contract, December 2020: AED 62,000 a yearRenewal, December 2021: AED 65,000 a yearNew contract, December 2022: AED 68,250 a yearNew contract, December 2023: AED 68,410 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Bay Square 9, and where 403 sits

All 59 1-beds →

403 last sold in June 2024 at AED 1,278 per sqft, in line with what one-beds in Bay Square 9 were fetching at the time (AED 1,276). Over the last 12 months one-beds sold for AED 1,235,000 to 2,000,000, around AED 1,430 per sqft, and rent for AED 90,000 to 220,000 a year. 403's AED 68,410 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Oct 20261,235,000
21 Sep 20261,392,472
21 Sep 20261,391,947
21 Sep 20261,479,503
15 1-bed 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
401StudioAED 945K · Mar 2024
4021-bedAED 1.42M · Aug 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

403, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 1,369,929, last on 28 June 2024 for AED 1,457,677 (AED 1,278 per sqft).
  • Rented since June 2016 on 7 Ejari contracts. The rent fell from AED 110,000 to AED 62,000 in 2020 and recovered to AED 68,410 by December 2023.
  • At AED 68,410 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 25,100 a year (AED 22.00 per sqft).
  • One-beds in Bay Square 9 sold for AED 1,235,000–2,000,000 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 28 June 2024.

Questions about 403, Bay Square 9

What did unit 403 last sell for?

AED 1,457,677 on 28 June 2024: AED 1,278 per sqft for 1,140 sqft. The unit has 2 registered sales; the first was AED 1,369,929 in January 2015.

What is the rent for unit 403?

AED 68,410 a year on the contract signed on 28 December 2023. The previous contract, from December 2022, was AED 68,250; the unit has been rented since June 2016.

How big is unit 403?

1,140 sqft (105.9 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Bay Square 9 sold for AED 1,235,000 to 2,000,000 in the last 12 months, around AED 1,430 per sqft.

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Mortgage on 403, Bay Square 9

Starts from the last sale price (AED 1.46M, 28 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,457,677
Deposit, UAE resident (20%)
AED 291,535
Deposit, non-resident (40%)
AED 583,071
Monthly over 25 years at 3.7%
AED 5,964

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