407, Bay Square 9
Sold prices and rental history: sold twice, last in January 2024, 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 407, Bay Square 9
What is 407 worth today?
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Source: Dubai Land Department. Updated 4 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 659 sqft
- Floor
- 4th of 8
- Parking
- B3-851
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 14,500 /yr
- Last sold
- AED 843K · January 2024
- Building
- Bay Square 9
About 407, Bay Square 9
407 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 18 January 2024 for AED 843,000, or AED 1,278 per sqft, in line with the AED 1,274 studios in the building were fetching at the time.
It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 4 October 2026, is AED 77,000 a year: a gross yield of 9.1% on the 2024 price, before the service charge of about AED 14,500 a year.
Sales and rents for 407 over time
407 has sold twice; 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 407 sits
All 112 studios →407 last sold in January 2024 at AED 1,278 per sqft, in line with 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. 407's AED 77,000 is in the lower 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 | |
| 406 | Studio | 659 sqft | AED 935KAED 935,000 · Oct 2023October 2023 | 95,000 /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 |
407, Bay Square 9 in numbers
- Sold twice: first on 14 January 2015 for AED 791,436, last on 18 January 2024 for AED 843,000 (AED 1,278 per sqft).
- Rented since March 2016 on 10 Ejari contracts. The rent fell from AED 75,000 to AED 45,000 in 2021 and recovered to AED 77,000 by October 2026.
- At AED 77,000 a year the gross yield on the 2024 price is 9.1%, 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 4 October 2026.
Questions about 407, Bay Square 9
What did unit 407 last sell for?
AED 843,000 on 18 January 2024: AED 1,278 per sqft for 659 sqft. The unit has 2 registered sales; the first was AED 791,436 in January 2015.
What is the rent for unit 407?
AED 77,000 a year on the contract signed on 4 October 2026. The previous contract, from October 2025, was AED 76,794; the unit has been rented since March 2016.
How big is unit 407?
659 sqft (61.2 sqm): a studio on the 4th floor of a 8-storey tower completed in 2014.
What is unit 407 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 407, Bay Square 9
Starts from the last sale price (AED 843K, 18 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 843,000
- Deposit, UAE resident (20%)
- AED 168,600
- Deposit, non-resident (40%)
- AED 337,200
- Monthly over 25 years at 3.7%
- AED 3,449
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →