408, Bay Square 9
Sold prices and rental history: sold twice, last in December 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 408, Bay Square 9
What is 408 worth today?
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Source: Dubai Land Department. Updated 22 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,329 sqft
- Floor
- 4th of 8
- Parking
- B3-852
- Developer
- Business Bay
- Completed
- 2014
- Service charge
- AED 29,200 /yr
- Last sold
- AED 1.55M · December 2023
- Building
- Bay Square 9
About 408, Bay Square 9
408 is a one-bedroom apartment of 1,329 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 December 2023 for AED 1,550,000, or AED 1,166 per sqft, 3% below the AED 1,203 one-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 22 August 2026, is AED 105,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 29,200 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the one-bed median of each year in the building.
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 408 sits
All 59 1-beds →408 last sold in December 2023 at AED 1,166 per sqft, 3% below what one-beds in Bay Square 9 were fetching at the time (AED 1,203). 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. 408's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,140 sqft | 1,235,000 | 1,083 | ||
| 21 Sep 202621 September 2026 | 1,140 sqft | 1,392,472 | 1,221 | ||
| 21 Sep 202621 September 2026 | 1,139 sqft | 1,391,947 | 1,221 | ||
| 21 Sep 202621 September 2026 | 1,140 sqft | 1,479,503 | 1,298 |
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 | |
| 407 | Studio | 659 sqft | AED 843KAED 843,000 · Jan 2024January 2024 | 77,000 /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 |
408, Bay Square 9 in numbers
- Sold twice: first on 14 January 2015 for AED 1,607,715, last on 6 December 2023 for AED 1,550,000 (AED 1,166 per sqft).
- Rented since June 2016 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 72,000 in 2021 and recovered to AED 105,000 by August 2026.
- At AED 105,000 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 29,200 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 22 August 2026.
Questions about 408, Bay Square 9
What did unit 408 last sell for?
AED 1,550,000 on 6 December 2023: AED 1,166 per sqft for 1,329 sqft. The unit has 2 registered sales; the first was AED 1,607,715 in January 2015.
What is the rent for unit 408?
AED 105,000 a year on the contract renewed on 22 August 2026. The previous contract, from August 2025, was AED 121,000; the unit has been rented since June 2016.
How big is unit 408?
1,329 sqft (123.5 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.
What is unit 408 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 408, Bay Square 9
Starts from the last sale price (AED 1.55M, 6 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,550,000
- Deposit, UAE resident (20%)
- AED 310,000
- Deposit, non-resident (40%)
- AED 620,000
- Monthly over 25 years at 3.7%
- AED 6,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →