Studio · 659 sqftBay Square 9, Business Bay · 4th floor · completed 2014

412, Bay Square 9

Sold prices and rental history: sold 3 times, last in September 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 20 November 2025
Last soldAED 880K11 September 2024
Current rentAED 75K /yr20 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Bay Square 9

What is 412 worth today?

Last sold for AED 880,000 in 2024

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20 Nov 2025RentedRenewal
AED 75,000/yr12 months · AED 114 per sqft
20 Nov 2024RentedNew contract
AED 75,000/yr12 months · AED 114 per sqft
11 Sep 2024SoldReady
AED 880,000AED 1,335 per sqft
17 Apr 2024SoldReady
AED 725,000AED 1,100 per sqft
12 Oct 2023RentedNew contract
AED 48,530/yr7 months · AED 74 per sqft
12 Oct 2022RentedNew contract
AED 46,200/yr12 months · AED 70 per sqft
12 Oct 2021RentedNew contract
AED 42,000/yr12 months · AED 64 per sqft
19 Mar 2021RentedRenewal
AED 57,862/yr5 months · AED 88 per sqft

Source: Dubai Land Department. Updated 20 November 2025.

Key facts

Type
Studio apartment
Size
659 sqft
Floor
4th of 8
Parking
B3-856
Developer
Business Bay
Completed
2014
Service charge
AED 14,500 /yr
Last sold
AED 880K · September 2024
Building
Bay Square 9

About 412, Bay Square 9

412 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 September 2024 for AED 880,000, or AED 1,335 per sqft, 4% above the AED 1,278 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 20 November 2025, is AED 75,000 a year: a gross yield of 8.5% on the 2024 price, before the service charge of about AED 14,500 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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 791,436 (AED 1,200 per sqft)Sold, April 2024: AED 725,000 (AED 1,100 per sqft)Sold, September 2024: AED 880,000 (AED 1,335 per sqft)

412 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 412, each contractTypical studio in Bay Square 9
40K60K80K2016201920222025Typical 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, March 2016: AED 80,000 a yearNew contract, October 2017: AED 70,000 a yearNew contract, January 2019: AED 62,000 a yearNew contract, March 2020: AED 57,800 a yearRenewal, March 2021: AED 57,862 a yearNew contract, October 2021: AED 42,000 a yearNew contract, October 2022: AED 46,200 a yearNew contract, October 2023: AED 48,530 a yearNew contract, November 2024: AED 75,000 a yearRenewal, November 2025: AED 75,000 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 412 sits

All 112 studios →

412 last sold in September 2024 at AED 1,335 per sqft, 4% above what studios in Bay Square 9 were fetching at the time (AED 1,278). 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. 412's AED 75,000 is in the lower 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
401StudioAED 945K · Mar 2024
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
1–7 of 18

412, Bay Square 9 in numbers

  • Sold 3 times: first on 14 January 2015 for AED 791,436, last on 11 September 2024 for AED 880,000 (AED 1,335 per sqft).
  • Rented since March 2016 on 10 Ejari contracts. The rent fell from AED 80,000 to AED 42,000 in 2021 and recovered to AED 75,000 by November 2025.
  • At AED 75,000 a year the gross yield on the 2024 price is 8.5%, 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 20 November 2025.

Questions about 412, Bay Square 9

What did unit 412 last sell for?

AED 880,000 on 11 September 2024: AED 1,335 per sqft for 659 sqft. The unit has 3 registered sales; the first was AED 791,436 in January 2015.

What is the rent for unit 412?

AED 75,000 a year on the contract renewed on 20 November 2025. The previous contract, from November 2024, was AED 75,000; the unit has been rented since March 2016.

How big is unit 412?

659 sqft (61.2 sqm): a studio on the 4th floor of a 8-storey tower completed in 2014.

What is unit 412 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 412, Bay Square 9

Starts from the last sale price (AED 880K, 11 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 880,000
Deposit, UAE resident (20%)
AED 176,000
Deposit, non-resident (40%)
AED 352,000
Monthly over 25 years at 3.7%
AED 3,600

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