Studio · 851 sqftBay Square 9, Business Bay · 5th floor · completed 2014

501, Bay Square 9

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

Unit 501 · DLD and Ejari recordsUpdated 23 December 2025
Last soldAED 950K10 May 2024
Current rentAED 100K /yr23 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Bay Square 9

What is 501 worth today?

Last sold for AED 950,000 in 2024

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23 Dec 2025RentedNew contract
AED 100,000/yr12 months · AED 118 per sqft
10 May 2024SoldReady
AED 950,000AED 1,116 per sqft
1 Sep 2023RentedNew contract
AED 52,946/yr9 months · AED 62 per sqft
1 Sep 2022RentedNew contract
AED 50,400/yr12 months · AED 59 per sqft
1 Sep 2021RentedRenewal
AED 48,000/yr12 months · AED 56 per sqft
1 Sep 2020RentedNew contract
AED 64,000/yr12 months · AED 75 per sqft
1 Jul 2019RentedNew contract
AED 72,000/yr12 months · AED 85 per sqft
1 May 2018RentedNew contract
AED 80,000/yr12 months · AED 94 per sqft

Source: Dubai Land Department. Updated 23 December 2025.

Key facts

Type
Studio apartment
Size
851 sqft
Floor
5th of 8
Parking
B3-868
Developer
Business Bay
Completed
2014
Service charge
AED 18,700 /yr
Last sold
AED 950K · May 2024
Building
Bay Square 9

About 501, Bay Square 9

501 is a studio of 851 sqft on the 5th floor of Bay Square 9, a 8-storey tower in Business Bay completed in 2014 by Business Bay. It last sold on 10 May 2024 for AED 950,000, or AED 1,116 per sqft, 13% below the AED 1,277 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 23 December 2025, is AED 100,000 a year: a gross yield of 10.5% on the 2024 price, before the service charge of about AED 18,700 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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 1,044,600 (AED 1,227 per sqft)Sold, May 2024: AED 950,000 (AED 1,116 per sqft)

501 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 501, each contractTypical studio in Bay Square 9
50K100K2016201920222025Typical 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, April 2016: AED 80,000 a yearRenewal, April 2017: AED 80,000 a yearNew contract, May 2018: AED 80,000 a yearNew contract, July 2019: AED 72,000 a yearNew contract, September 2020: AED 64,000 a yearRenewal, September 2021: AED 48,000 a yearNew contract, September 2022: AED 50,400 a yearNew contract, September 2023: AED 52,946 a yearNew contract, December 2025: AED 100,000 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 501 sits

All 112 studios →

501 last sold in May 2024 at AED 1,116 per sqft, 13% below what studios in Bay Square 9 were fetching at the time (AED 1,277). 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. 501's AED 100,000 is in the upper 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 5th floor

All 152 units in Bay Square 9
Value
5021-bedAED 1.54M · Sep 2024
5031-bedAED 1.54M · Sep 2024
5041-bedAED 1.51M · Jan 2024
5051-bedAED 1.51M · Jan 2024
506StudioAED 903K · Mar 2024
507StudioAED 840K · Feb 2024
5081-bedAED 1.64M · Feb 2024
1–7 of 18

501, Bay Square 9 in numbers

  • Sold twice: first on 14 January 2015 for AED 1,044,600, last on 10 May 2024 for AED 950,000 (AED 1,116 per sqft).
  • Rented since April 2016 on 9 Ejari contracts. The rent fell from AED 80,000 to AED 48,000 in 2021 and recovered to AED 100,000 by December 2025.
  • At AED 100,000 a year the gross yield on the 2024 price is 10.5%, before a service charge of about AED 18,700 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 23 December 2025.

Questions about 501, Bay Square 9

What did unit 501 last sell for?

AED 950,000 on 10 May 2024: AED 1,116 per sqft for 851 sqft. The unit has 2 registered sales; the first was AED 1,044,600 in January 2015.

What is the rent for unit 501?

AED 100,000 a year on the contract signed on 23 December 2025. The previous contract, from September 2023, was AED 52,946; the unit has been rented since April 2016.

How big is unit 501?

851 sqft (79.1 sqm): a studio on the 5th floor of a 8-storey tower completed in 2014.

What is unit 501 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 501, Bay Square 9

Starts from the last sale price (AED 950K, 10 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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