406, Bay Square 9
Sold prices and rental history: sold 3 times, last in October 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Bay Square 9
What is 406 worth today?
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Source: Dubai Land Department. Updated 10 September 2025.
Key facts
- Type
- Studio apartment
- Size
- 659 sqft
- Floor
- 4th of 8
- Parking
- B3-850
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 14,500 /yr
- Last sold
- AED 935K · October 2023
- Building
- Bay Square 9
About 406, Bay Square 9
406 is a studio of 659 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 11 October 2023 for AED 935,000, or AED 1,418 per sqft, 11% above the AED 1,274 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 10 September 2025, is AED 95,000 a year: a gross yield of 10.2% on the 2023 price, before the service charge of about AED 14,500 a year.
Sales and rents for 406 over time
406 has sold 3 times; the dashed line is the studio median of each year in the building.
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 406 sits
All 112 studios →406 last sold in October 2023 at AED 1,418 per sqft, 11% 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. 406's AED 95,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 667 sqft | 935,000 | 1,402 | ||
| 31 Aug 202631 August 2026 | 705 sqft | 1,065,000 | 1,511 | ||
| 25 Jun 202625 June 2026 | 705 sqft | 1,035,000 | 1,468 | ||
| 26 Feb 202626 February 2026 | 664 sqft | 1,030,000 | 1,552 |
Bay Square 9
Building152 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%
Other units on the 4th floor
All 152 units in Bay Square 9| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 851 sqft | AED 945KAED 945,000 · Mar 2024March 2024 | 95,000 /yr | |
| 402 | 1-bed | 1,140 sqft | AED 1.42MAED 1,415,000 · Aug 2024August 2024 | 125,000 /yr | |
| 403 | 1-bed | 1,140 sqft | AED 1.46MAED 1,457,677 · Jun 2024June 2024 | 68,410 /yr | |
| 404 | 1-bed | 1,140 sqft | AED 1.53MAED 1,530,561 · Mar 2025March 2025 | 66,000 /yr | |
| 405 | 1-bed | 1,139 sqft | AED 1.53MAED 1,529,984 · Mar 2025March 2025 | 69,300 /yr | |
| 407 | Studio | 659 sqft | AED 843KAED 843,000 · Jan 2024January 2024 | 77,000 /yr | |
| 408 | 1-bed | 1,329 sqft | AED 1.55MAED 1,550,000 · Dec 2023December 2023 | 105,000 /yr | |
| 409 | Studio | 1,140 sqft | AED 1.5MAED 1,500,371 · Jan 2024January 2024 | 105,000 /yr | |
| 410 | Studio | 659 sqft | AED 850KAED 850,000 · Nov 2023November 2023 | 47,300 /yr | |
| 411 | Studio | 659 sqft | AED 1.06MAED 1,060,000 · May 2025May 2025 | 90,000 /yr | |
| 412 | Studio | 659 sqft | AED 880KAED 880,000 · Sep 2024September 2024 | 75,000 /yr | |
| 413 | 1-bed | 1,301 sqft | AED 1.75MAED 1,747,659 · May 2024May 2024 | 120,000 /yr | |
| 414 | Studio | 667 sqft | AED 870KAED 870,000 · May 2024May 2024 | 80,000 /yr | |
| 415 | Studio | 659 sqft | AED 890KAED 890,000 · Nov 2024November 2024 | 45,650 /yr | |
| 416 | Studio | 664 sqft | AED 893KAED 892,500 · Jun 2024June 2024 | 49,665 /yr | |
| 417 | Studio | 705 sqft | AED 868KAED 867,877 · Aug 2023August 2023 | 45,000 /yr | |
| 418 | Studio | 705 sqft | AED 860KAED 860,000 · Aug 2023August 2023 | 75,000 /yr | |
| 419 | Studio | 707 sqft | AED 1.18MAED 1,180,000 · Jun 2025June 2025 | 85,000 /yr |
406, Bay Square 9 in numbers
- Sold 3 times: first on 14 January 2015 for AED 793,802, last on 11 October 2023 for AED 935,000 (AED 1,418 per sqft).
- Rented since July 2016 on 7 Ejari contracts. The rent fell from AED 75,000 to AED 39,500 in 2020 and recovered to AED 95,000 by September 2025.
- At AED 95,000 a year the gross yield on the 2023 price is 10.2%, before a service charge of about AED 14,500 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 10 September 2025.
Questions about 406, Bay Square 9
What did unit 406 last sell for?
AED 935,000 on 11 October 2023: AED 1,418 per sqft for 659 sqft. The unit has 3 registered sales; the first was AED 793,802 in January 2015.
What is the rent for unit 406?
AED 95,000 a year on the contract renewed on 10 September 2025. The previous contract, from November 2021, was AED 42,000; the unit has been rented since July 2016.
How big is unit 406?
659 sqft (61.2 sqm): a studio on the 4th floor of a 8-storey tower completed in 2014.
What is unit 406 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 406, Bay Square 9
Starts from the last sale price (AED 935K, 11 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 935,000
- Deposit, UAE resident (20%)
- AED 187,000
- Deposit, non-resident (40%)
- AED 374,000
- Monthly over 25 years at 3.7%
- AED 3,825
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →